About Fuel Injection Equipment
The fuel injection equipment, a component of the fuel injection system. The fuel injection system is used to deliver fuel into the engine cylinder, while precisely controlling the injection timing, fuel atomization, and other parameters. The main types of injection systems include pump-line-nozzle, unit injector, and common rail.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Fuel Injection Equipment market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Fuel Injection Equipment market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that Japanese Vendors will contribute the maximum growth to Global Fuel Injection Equipment 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 (Germany), Continental AG (Germany), Aptiv PLC (Ireland), Denso Corporation (Japan), Keihin Corp (Japan), Edelbrock, LLC. (United States), Walbro (United States), Honda Motor (Japan), FuelTech (United States) and Currawong Engineering (Australia) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Fuel Injection Equipment market by Type (Electronic Fuel Injection (EFI) and Mechanical Fuel Injection System (MFI)), Application (Automotive (Passenger Cars, Heavy Vehicles), Motorcycles and Others) and Region.
On the basis of geography, the market of Fuel Injection Equipment 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). If we see Market by Engine Type, the sub-segment i.e. Diesel Engine will boost the Fuel Injection Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component Type, the sub-segment i.e. Fuel Pump will boost the Fuel Injection Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of Technologically Advanced Products and The Innovation in Fuel Injection System By key Manufacturers
Market Growth Drivers:
Growing Number of Two-Wheeled Vehicles and Passenger Cars Worldwide
Challenges:
Stringent Government Regulations on Emission Resulted in Ban on Diesel Cars in Numerous Developed Economies and Fluctuation in Prices of Raw Materials
Restraints:
High Maintenance Costs and Increased Service Complexity
Opportunities:
Product Development Opportunities in Natural Gas Vehicles
Market Leaders and their expansionary development strategies
In May 2023, Accelleron announced its upcoming acquisition of OMT, a leading manufacturer of fuel injection systems for marine engines. The acquisition is expected to be completed within the next few weeks.
In August 2023, Holley Inc., a leading platform serving performance automotive enthusiasts, announced the launch of its Sniper 2 electronic fuel injection (Sniper 2 EFI), a self-tuning, easy-to-install, EFI conversion for common 4-barrel style carburetors. Sniper 2 EFI represents the next evolution of the Company’s large and fast-growing Sniper product line, which was first introduced in 2016 and brought modern Electronic Fuel Injection (EFI) to factory equipped carbureted vehicles. Sniper 2 represents Holley’s latest product launch in the Company’s #1 product category – Electronic Fuel Injection.
Key Target Audience
Fuel Injection Equipment Manufacturers, Fuel Injection Equipment Suppliers, Wholesalers & Distributors, Automotive Manufacturing Companies, Raw Material Suppliers and Others
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.