The Global Automotive Fuel Injection System Market is projected to reach around USD 87.7 billion by 2027 at a CAGR of around 3.4%.
The fuel injection system is an important mechanism for mixing fuel with air in an internal combustion engine. The main function of this system is to initiate and control the combustion process by providing the right amount of fuel at the right time and in a suitable condition. The fuel injection systems not only manage the performance of the engine but also helps in improving fuel economy and lowering carbon emission. The injection system consists of different components such as sensors, fuel pump, fuel rail, injectors, regulators, and others.
Market Driver:
Increasing environmental concern worldwide is generating demand for the low volatile organic compounds (VOC) emitting automotive vehicles. Thus, governments have set strict emission standards, which puts pressure on vehicle manufacturers to need new ways to reduce emissions. The fuel injection system continuously adjusts the mixing of fuel with air that changes during engine speed, load, coolant temperature, air temperature, throttle position, and other operating conditions. This allows electronic fuel injection (EFI) to provide an air/fuel (A/F) ratio which helps in lowering CO2 emissions.
Therefore, the increasing need for lowering CO2 emission is expected to drive market growth during the forecast period.
Fuel Injection system are used to inject fuel into the engine due to this process only required fuel is used by the engine which results in better fuel economy. Automotive manufacturers are using innovative technologies such as direct fuel injection which increases the engine’s efficiency and helps in lowering fuel consumption by 1 to 3%. For instance, a vehicle using direct fuel injection can have fuel savings of USD 120 to USD 840 in a period of 10 years.
Thus, rising demand for fuel-efficient vehicles is anticipated to boost the market growth during the forecast period.
Market Restraint:
Electric vehicles run on electric motor instead of an internal combustion engine. To power, the electric motor large traction battery pack is required and it must be plugged into a wall outlet or charging station to charge. This vehicle emits no exhaust from the tailpipe as it runs on electricity and does not contain any fuel components such as fuel tank, fuel line, fuel pump, and others. Thus, the increasing demand for electric vehicles globally is expected to hinder the market growth during the forecast period. For instance, as per the data shared by the Edison Electric Institute, in 2018, the total sales of electric vehicles in the United States raised 81%, when compared to 2017.
The report on the automotive fuel injection system market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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Report Features |
Specifics |
|---|---|
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Historical/Estimated/Forecasted Market Size Years |
2018-2027 |
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Base Year for Market Calculation |
2019 |
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Forecasted Period |
2020-2027 (2020 estimated year, forecasted up to 2027) |
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Measured Units |
Value (USD Million), Volume (Units) |
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Segments Included |
Type of Fuel Injectors, Component, Fuel Type, Sales Channel, and Vehicle Type |
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Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South Africa |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Automotive Fuel Injection System Market, by Type of Fuel Injectors
Automotive Fuel Injection System Market, by Component
Automotive Fuel Injection System Market, by Fuel Type
Automotive Fuel Injection System Market, by Sales Channel
Automotive Fuel Injection System Market, by Vehicle Type
Automotive Fuel Injection System Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE AUTOMOTIVE FUEL INJECTION SYSTEM MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY
