Automotive Fuel Injection Systems Market Poised to Garner Maximum Revenues During 2021-2028
The global automotive fuel injection systems market size is expected to reach USD 87.09 Billion
at a steady revenue CAGR of 5.1% in 2028, according to the latest analysis by
Emergen Research. Increasing demand for lightweight vehicles, greater fuel
efficiency and power output, reliability, and strict exhaust emission
regulations are driving market revenue growth.
Fuel injection system works by
atomizing the fuel at high pressure, mixing it with clean air as it passes the
inlet manifold, before entering the combustion chamber of the cylinder. It is
made up of mechanical components such as an injection nozzle, a high-pressure
pump, an accumulator, nozzle needle control actuators, and sensors such as mass
airflow sensors, oxygen sensors, throttle position sensors, manifold absolute
pressure sensors, and engine coolant temperature sensors. Each component must
be appropriately adjusted to enhance engine power and efficiency while
minimizing gas consumption.
Rising demand for gasoline port fuel
injection system and increasing concern over vehicle exhaust emissions are
driving automotive fuel injection systems market revenue growth
Automotive manufacturers are
considering fuel injection systems as a potential feature for improving fuel
mileage, power, drivability, and emissions. As a result, the market for
automotive fuel injection systems is rapidly expanding. Availability of a
governor, which is used to ensure that the amount of fuel injected alters with
variations in load, an injection pump to meter and pressurize the fuel for
injection, and fuel filters, are currently supporting revenue growth in global
automotive fuel injection systems market.
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A growing emphasis on the manufacturing
and use of electric vehicles, as well as supportive government initiatives for
greener automobiles, are likely to stymie industry growth. Furthermore, high
cost of maintenance is also hampering expansion of the automotive fuel
injection systems market. Despite these drawbacks, the benefits and advantages
of automotive fuel injection systems are projected to promote its adoption over
the forecast period.
Some Key Highlights From the Report
- In December 2021, Napino Auto & Electronics Ltd, a major
automotive component design and manufacturing company, announced a
collaboration with Kerdea Technologies Inc, a US-based company with
proprietary unique Oxygen Sensor technology. As part of the
licensing agreement, the company\'s sensor technology will be
transferred to Napino, which will then cater to the needs of the Indian
automotive industry in the BSVI (Bharat Stage Emission Standards) regime
and the upcoming OBD-II PIDs (On-board Diagnostics Parameter IDs)
requirements.
- Gasoline segment accounted for a significant revenue share in 2020.
Automotive industries acknowledge the benefits earned by the use of
gasoline such as easy acceleration, a faster burn rate, less noise and
vibrations, lightweight, and cost-effectiveness. As a result, end-users
have a strong preference for gasoline engines.
- Gasoline port injection segment accounted for a significantly
robust revenue share in 2020 because of higher preference and advantages
such as cost-effectiveness when compared to high-pressure systems owing to
less complex software and injection control.
- Fuel injectors segment accounted for a moderately robust revenue
share in 2020, as these products have gained popularity as a result of
improved fuel efficiency, faster throttle response, and cleaner, more
efficient combustion.
- Market in Asia Pacific registered highest revenue growth rate
during the forecast period owing to rising demand for fuel-efficient
vehicles in commercial sector in APAC. Enforcement of stringent emission
norms and large investments by major companies is also contributing to
market revenue growth.
- Major players in the market report include Denso Corporation,
Hitachi Astemo Americas, Inc., Carter Fuel Systems, LLC, Infineon
Technologies AG, Winterthur Gas & Diesel Ltd., Aptiv plc, NGK Spark
Plug Co., Ltd., Robert Bosch GmbH, Napino Auto & Electronics Limited,
and dynaCERT Inc.
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Emergen Research has segmented global
automotive fuel injection systems market on the basis of component, fuel type,
technology, vehicle type, and region:
- Component Outlook (Revenue, USD Billion; 2018–2028)
- Electronic Control Unit
- Fuel Injectors
- Pressure Regulators
- Fuel Pump
- Sensors
- Fuel Type Outlook (Revenue, USD Billion; 2018–2028)
- Gasoline
- Diesel
- Technology Outlook (Revenue, USD Billion; 2018–2028)
- Gasoline Port Injection
- Gasoline Direct Injection
- Diesel Direct Injection
- Vehicle Type Outlook (Revenue, USD Billion; 2018–2028)
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Hybrid Vehicles
Global Automotive Fuel Injection
Systems Market Geographical Landscape - Synopsis:
The report closely studies the growth
trajectory of the global Automotive Fuel Injection Systems Market . It brings
to light the global dominance of the leading regional segments, including North
America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
The study elaborates on the crucial
information pertaining to the regional Automotive Fuel Injection Systems share.
It simultaneously focuses on the significant details about the growth patterns
of each regional market.
Moreover, the report encases an
exhaustive geographical study of the market, emphasizing the business growth
prospects and market barriers for each of the key market regions.
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Overview of the Automotive Fuel Injection Systems
Market Report:
- Introduction, Product Scope, Market Overview, and Opportunities
- Analysis of the Manufacturers with sales, revenue, and price
analysis
- Comprehensive analysis of the competitive landscape
- Extensive profiling of the key competitors along with their
business strategies and market size
- Regional analysis of the market along with sales, revenue, market
share, and global position
- Country-wise analysis of the market along with types, applications,
and manufacturing
- Strategic recommendations to established players as well as new
entrants
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Table of Content:
1 Scope of the Report
1.1 Market
Introduction
1.2 Research
Objectives
1.3 Years Considered
1.4 Market Research
Methodology
1.5 Economic
Indicators
1.6 Currency
Considered
2 Executive Summary
3 Global Automotive
Fuel Injection Systems by Players
4 Automotive Fuel
Injection Systems by Regions
4.1 Automotive Fuel
Injection Systems Market Size by Regions
4.2 Americas
Automotive Fuel Injection Systems Market Size Growth
4.3 APAC Automotive
Fuel Injection Systems Market Size Growth
4.4 Europe Automotive
Fuel Injection Systems Market Size Growth
4.5 Middle East &
Africa Automotive Fuel Injection Systems Size Growth
5 Americas
6 APAC
7 Europe
8 Middle East &
Africa
9 Market Drivers,
Challenges and Trends
9.1 Market Drivers
and Impact
9.1.1 Growing Demand
from Key Regions
9.1.2 Growing Demand
from Key Applications and Potential Industries
9.2 Market Challenges
and Impact
9.3 Market Trends
10 Global Automotive
Fuel Injection SystemsForecast
11 Key Players
Analysis
12 Research Findings
and Conclusion
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