Fuel Injection Systems Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027
Report ID: GMI1665
Fuel Injection Systems Market size is poised to grow at significant growth over the forecast timespan owing to the growing automotive demand, usage of two-wheeler vehicles and stringent exhaust emission regulations across the globe.
The developments in fuel injection systems market have led to improved power output, simple setup, easy start & smooth running of engines, increase in mileage of vehicle and multipurpose functioning of automobile engines. It supplies, measures and optimizes fuel consumption and thus, increases the life of engine. These numerous benefits are powering the fuel injection systems market in the automotive industry.
The system plays a key part in the engine of vehicles to safeguard proper flow of fuel through the engine. The performance of engine is largely reliant on performance and consistency offered by fuel injection systems market. It maintains strength of the engine and reduces carbon emission, therefore, improving efficiency and economy of fuel usage. Companies are investing on R&D operations to offer industrially advanced products for automotive sector.
The increase in importance of manufacturing & usage of electrical vehicles and the supporting government regulations for green technology may hinder the growth for fuel injection systems market. The increase in demand for electrical vehicles shall have weakening effect on the industry growth. Moreover, these systems are reasonably expensive, have a shorter life and are difficult to repair.
Growing demand for production of two-wheeler and automotive vehicles from countries such as Brazil, China and India is creating new growth opportunities for the fuel injection systems market. However, continuous instable prices of raw materials can affect the productivity of tier-1 suppliers. Heavy commercial vehicles are expected to show limited growth during the forecast period.
Fuel injection systems market consists of components such as electronic control unit (ECU), fuel injectors, fuel pressure regulator (FPR), fuel pump and sensors. Based on fuel type, the industry can be segmented into gasoline & direct engines. The industry can also be sub segmented into fuel injection systems: gasoline direct injection, gasoline port injection and diesel direct injection.
The gasoline direct injection technology will be evolving as a key solution over the future. Mounting concerns over vehicle exhaust gases, fuel efficiency, increasing fuel prices and conservational protocols have made industries look for other advance developments. Gasoline direct injection technology offers required benefits by the companies at a reasonable cost. In developing countries and developed countries gasoline direct injection technology is expected to gain considerable market share over the forecast period. Currently the diesel direct injection technology is preferred widely across the globe.
Europe fuel injection systems market is likely to show a stable growth over the forecast period. Strict fuel emission rules have led to a ban on diesel cars in France thus leading to a surge in demand for gasoline FIS. This ban is projected to be a major driver for the industry, as it would lead to research and development of advanced fuel injection systems for vehicles. The manufacturing heights in France, Germany and U.K. is projected to drive the fuel injection systems market.
Asia Pacific fuel injection systems market is growing at a significant pace due to the increase in automotive production in the region. Increase in acquiring influence, demand for high fuel-efficient vehicles, execution of strict emission rules and rise in demand for two-wheeler vehicles in emerging countries such as China, India and Thailand has given a rise to demand for fuel injection systems market. Government regulations to improve transport infrastructure in the region is projected to impact the demand for advanced vehicle over the forecast period.
The companies operating in the fuel injection systems market include Denso Corporation, Delphi Automotive PLC, Continental AG, Robert Bosch, Hitachi Limited, Magneti Marelli and others. The industry players focus on new product development to gain significance in the industry. For instance, Denso Corporation developed a new FIS for diesel common rail (DCR) with world’s high injection pressure of 2500 bar. This development of new system has helped increase the fuel efficiency by 3 percent while reducing nitrogen oxide and particulate matter by 8 and 50 percent respectively. This new DCR system has been launched for various sector vehicles worldwide.
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