Press release
Automotive Fuel Delivery System Market: Up-to-Date Analysis of Market Trends and Technological Improvements
The automotive fuel delivery system is a key component in a vehicle. It maintains a proper air-fuel mixture according to the load conditions. This a key factor that drives the automotive fuel delivery system market. A well-designed fuel delivery system can increase the efficiency of the engine and reduce pollution. Governing bodies and manufacturers are emphasizing the development of advanced design of the fuel delivery system due to the increased focus on reduction of pollution and increase in demand for high efficiency engines. This is one of the driver of the automotive fuel delivery system market.
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A key restraint to the fuel delivery system market is the cost of the system. The more efficient and sophisticated fuel delivery system is, the higher the cost. Increasing demand for vehicles, penetration of new fuels in the market, and technological advancements have presented significant opportunities for the fuel delivery system market.
The automotive fuel delivery system market can be segmented based on vehicle type, technology, methodology, fuel type, sales channel, and geography. In terms of vehicle, the automotive fuel delivery system market can be segmented into passenger vehicle and commercial vehicle. The commercial vehicle segment can be further classified into light commercial vehicle, heavy commercial vehicle, and buses & coaches.
In terms of technology, the automotive fuel delivery system market can be classified into normal fuel delivery system and electronically controlled fuel delivery system. A normal fuel delivery system does not contain any electronic components, while electronic components control the fuel amount, delivering time, and sequencing of the delivery in an electronically controlled fuel delivery system.
Based on methodology, the automotive fuel delivery system market can be segregated into carburetor-based fuel delivering system and injector-based fuel delivery system. In a carburetor based fuel delivery system, fuel passes through the carburetor, where it is mixed with air, and this air-fuel mixture is directly supplied into the combustion chamber. In case of injector-based fuel delivery system, the fuel is passed through an injector, which delivers fuel directly to the combustion chamber.
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Based on the injector position, the injector-based fuel delivery system segment can be further sub-segmented into throttle body injection and direct injection. The direct injection system provides more proper air-fuel mixture; hence, the demand for direct injection system is increasing.
In terms of fuel used, the fuel delivery system market can be classified into gasoline, diesel, and compressed natural gas. The air-fuel ration determines the type of fuel delivery system that is utilized. However, advanced fuels such as compressed natural gas and hydrogen gas are witnessing an increase in demand, owing to their greater efficiency and low pollution and efficiency.
Based on sales channel the automotive fuel delivery system market is segmented as Original Equipment Manufacturer (OEM) and aftermarket. OEM segment is dominating the market and is anticipated to dominate in the forecast period.. Whereas in aftermarket segment, cost of the system is more than that of the OEM. For this segment the revenue generated per unit sold is higher than that of the OEM segment.
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Based on geography, the automotive fuel delivery system market can be segmented into North America, Asia Pacific, Europe, Middle East & Africa, and Rest of the World. Asia Pacific is a prominent market for automotive fuel delivery system. Demand for fuel delivery system is anticipated to increase due to the rise in demand for automobiles in the region.
North America witnesses a significant demand for commercial vehicles and the demand is anticipated to grow in the forecast period. Owing to this expected growth in demand for commercial vehicles in this region, commercial vehicle fuel delivery system is anticipated to increase in parallel with it.
Key players operating in the automotive fuel delivery system market include Robert Bosch GmbH, Continental AG, Delphi automotive LLP, DENSO CORPORATION, Magneti Marelli S.p.A., Magna International Inc., Keihin Corporation, TI Automotive, Landi Renzo S.p.A., and Standard Motor Products Inc.
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