Industry Background:
Growing vehicles production volume worldwide will help to trigger global automotive fuel delivery system market in the forecasted period. The main working of the fuel delivery system is to supply and store fuel to the engine. The Automotive fuel delivery system contains many important components which aid in proper fuel delivery and smooth functioning of the engine. The major drivers of the market are the development of stringent emission control norms, particularly for commercial vehicles, noise reduction, improved fuel efficiency, etc. Additionally, CNG and LPG vehicles have also gained traction, as part of an effort to decrease emissions from diesel vehicles.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Robert Bosch GmbH (Germany), Continental AG (Germany), Delphi Automotive Plc. (United Kingdom), Denso Corporation (Japan), Magneti Marelli (Italy), Keihin Corporation (Japan), Landi Renzo (Italy), Magna International (Canada), TI Automotive (United Kingdom) and Toyoda Gosei (Japan) |
According to AMA, the market for Automotive Fuel Delivery System is expected to register a CAGR of 5.8% during the forecast period to 2028. This growth is primarily driven by Growing Life Span Of As Well As Demand of Vehicles and Increased Sales of Commercial and Passenger Vehicles.
Globally, a noticeable market trend is evident Development of Piezoelectric Injectors
The Automobiles sector in the Asia-Oceania region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Robert Bosch GmbH (Germany), Continental AG (Germany), Delphi Automotive Plc. (United Kingdom), Denso Corporation (Japan), Magneti Marelli (Italy), Keihin Corporation (Japan), Landi Renzo (Italy), Magna International (Canada), TI Automotive (United Kingdom) and Toyoda Gosei (Japan), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The automotive fuel delivery system market is moderately fragmented. To gain the market share companies are focusing on focusing on leveraging modern technologies for developing modern equipment for catering to the evolving end-user necessities. Also, they are expanding their businesses by forming joint ventures. The global automotive fuel delivery system market is also witnessing the entry of new players.
Key Developments in the Market:
On 15th May 2019, Delphi Technologies will reveal a new 500+ bar GDi system that can decrease particulate emissions by up to 50 percent compared to state-of-the-art 350 bar system without costly engine design modifications.
In February 2020, Bosch presents a range of tailored, connected solutions that will change the future of mobility. Bosch's comprehensive portfolio of future mobility products and services matches market demand for advanced safety features and BS VI-compliant vehicles. To ensure a smooth transition from BS IV to BS VI engines, Bosch works closely with OEMs and end customers to develop innovative and intelligent mobility solutions for the future. With its global IT expertise and technological know-how in the field of mobility, Bosch aims to usher in a new era of automation, electrification and connected driving.
Influencing Trend:
Development of Piezoelectric Injectors and Fueling Demand of Advanced Automotive Fuel Delivery System
Market Growth Drivers:
Growing Life Span Of As Well As Demand of Vehicles and Increased Sales of Commercial and Passenger Vehicles
Challenges:
Volatile Prices of Raw Material Associated With Automotive Fuel Systems
Restraints:
Increasing Popularity of Electrical Vehicles and Concern Regarding the Cost of Systems
Opportunities:
Introduction of New Fuel and Technological Advancement in Fuel Delivery Systems
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Automotive Fuel Delivery System Market
- Analysis about New Entrants in Automotive Fuel Delivery System Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Automotive Fuel Delivery System Study Sheds Light on
The Automotive Fuel Delivery System Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Automotive Fuel Delivery System industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Automotive Fuel Delivery System industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.