About Fuel Injection System
Fuel injection system is essential to the working and performance of CI engine. This system aids the purpose of initiating and controlling the combustion to meet the demand requirements. Fuel injection systems have a significant impact on the combustion process and play vital role in improving engine fuel consumption and reducing noxious exhaust emissions. Fuel is injected into combustion chamber to the end of compression. Further, it is atomized as it enters under high velocity and the droplets get vaporized to form a fuel-air mixture. Because of continued heat transfer from hot air to fuel, the fuel reaches to its self-ignition temperature to ignite spontaneously initiating combustion. Depending upon the demand requirements the fuel injection system continues to provide the fuel during initial part of combustion.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Global Fuel Injection System is a fragmented market due to the presence of various players. The companies are planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Fuel Injection System market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Robert Bosch GmbH (Germany), Denso Corporation (Japan), Delphi Auto Parts (United States), Continental AG (Germany), Hitachi Ltd (Japan), Edelbrock LLC (United States), Magneti Marelli S.p.A. (Italy), Woodward, Inc. (United States), Kinsler Fuel Injection (United States) and Ucal Fuel systems Ltd (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Central Diesel (United States), MTQ Engine Systems (Australia) and Wells Vehicle Electronics (United States).
Segmentation Overview
AMA Research has segmented the market of Global Fuel Injection System market by Type (Direct Fuel Injection Systems, Multipoint Fuel Injection System, Sequential Fuel Injection System and Throttle Body Fuel Injection System), Application (Two-Wheeler, Passenger Cars, Heavy Vehicles and Others) and Region.
On the basis of Type, Direct Fuel Injection Systems are dominating the market in the year 2023 where as Multipoint Fuel Injection System stood as second largest market share.
On the basis of application, Two-Wheeler segment is dominating the market in the year 2023 where as Passenger Cars segment stood as second largest market .On the basis of geography, the market of Fuel Injection System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Asia Pacific, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Component, the sub-segment i.e. Fuel Pump will boost the Fuel Injection System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Engine, the sub-segment i.e. Gasoline will boost the Fuel Injection System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Adaption and Innovation of Fuel Injection Systems
Market Growth Drivers:
Increasing Demand for Two-Wheeled Vehicles and Passenger Cars and Significant Enhancement in Per Capita Income
Challenges:
Raw Material Prices Fluctuations
Restraints:
Strict Emission Norms Taken by Government Resulted in Ban on Diesel Cars in Some Countries
Opportunities:
The Growing Demand for Fuel Injection Systems from Emerging Economies Such as China and India
Market Leaders and their expansionary development strategies
In October 2020, BorgWarner Inc.announced it has completed its acquisition of Delphi Technologies. The combination of BorgWarner and Delphi Technologies is expected to strengthen BorgWarner’s electronics and power electronics products, capabilities and scale, creating a leader in electrified propulsion systems that BorgWarner believes is well-positioned to take advantage of future propulsion migration.
In April 2022, Alfa Romeo F1 Team has announced that it will extend its successful partnership Italian automotive supplier Marelli, which has been in place since 2019. Magneti Marelli S.p.A. is an Italian developer and manufacturer of components for the automotive industry.
Key Target Audience
Manufacturers of fuel injection system, Suppliers of fuel injection system parts, Wholesalers, distributers and retailers of fuel injection system, Automotive industry and Governmental bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.