Two-Wheeler Fuel Injection Systems Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI2160
Two-Wheeler Fuel Injection Systems Market size is growing rapidly owing to increasing pollution from the vehicles. Currently the carburetor fuel system releases harmful gases which pollutes the environment as well as it consumes ample amount of fuel which increases the cost.
The automotive industry is introducing many technological advancements in order to control the emission level and increase fuel efficiency. With the increase in the importance of the clean economy, the government norms are favoring the industry growth over the forecast timeline.
Cost saving, and lower fuel consumption are also supporting the industry demand. Two-wheeler fuel injection system market share will enhance the fuel consumption and will also enhance the vehicle performance. When the efficiency of the vehicle will increase, it will simultaneously save the cost, which in turn increase the business to grow.
The entry of electric vehicles and lesser safety features in two wheelers are the challenges for two wheeler fuel injection systems market. The launch of electric vehicles has hampered the revenue generation. The life of fuel injections are short than the electric fuel injection which will also negatively affect the industry growth from 2017 to 2024.
Two wheelers are considered unsafe, this is one of the factor which is restraining the industry. The use of carburetor fuel system is polluting the environment as it releases harmful gas which disturbs the balance of the ecosystem. The industry can be segmented as port fuel injections and direct injections. Port fuel injections is commonly used in the vehicle, whereas, the direct injection is latest fuel injection system.
Asia Pacific will witness significant growth due to increase in the number of manufacturers choosing the fuel injection system. Numerous benefits offered for overall enhancement of vehicle performance such as better vehicle mileage, and lower emission will favor the industry demand.
African countries led by Nigeria and Ghana are expecting growth after 2020. It is predicted that the disposable income will subsequently rise which will raise the demand for classy two wheelers. The increase in the sales of two wheelers will become a factor for two wheeler fuel injection systems market growth.
North America led by U.S, Mexico and Canada is emerging as potential industry. The government stimulus packages, the rise in the employment rates and the increase in the research and development activities are escalating the two wheeler fuel injection systems market demand over the forecast timeline.
The key players in the industry are continental AG, Ducati Energia, Sedemac, and Robert Bosch. With the growing numbers of companies, the competition will further intensify. These companies are working on their R&D to offer technologically sound products for the consumers to gain competitive advantage.
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