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Automotive Fuel Injection Pump Market Global Growth, Trends, Size, And Share Analysis 2018 Industry Forecast To 2023
Get Sample Copy of Automotive Fuel Injection Pump Market Report - Global Forecast to 2023 at: https://www.marketresearchfuture.com/sample_request/4936
Global Automotive Fuel Injection Pump Market Highlights:
Automotive fuel injection pump is one of the most crucial vehicle parts that have gained a lot of attention among the major vehicle manufacturers. Automotive industry has become one of the major revenue generating industries and has come up with several technological advancements in engine components in the last few years, automotive fuel injection pumps being one of them. The global automotive fuel injection pump market has seen remarkable growth in the global market and it has been observed that, its demand is expected to grow with the CAGR of ~7.14%, during the forecast period.
The global automotive fuel injection pump market has increasing and the main focus is on emission control and fuel efficiency. The automotive manufacturers have now been more focused on updating the technology for better fuel efficiency and low emission control. Automotive fuel injection pumps perform an integral function within engines and enhance their efficiency and enable a smooth run of vehicle. The fuel injection pump in vehicles, works very efficiently, transmitting the engine performance to the vehicle engine. The global automotive fuel injection pump market is mainly influenced by certain growing factors. Some of them are low emission & higher fuel efficiency, increasing sales of new vehicles, strict government regulations on reducing vehicles emission, technological advancements and emerging economies. A major hindrance could be the rising penetration of electric vehicles. Furthermore, the growing demand for gasoline engine vehicles and increasing disposable income, create major market opportunities.
The global automotive fuel injection pump market has been segmented on the basis of engine type, pressure, type, vehicles type and region. On the basis of engine type, the market has been segmented as gasoline engine and diesel engine. Gasoline engine is expected to dominate the global market by engine type, in 2016, in terms of market revenue. On the basis of pressure, the market has been segmented as low pressure pump and high pressure pump. On the basis of type, the market has been segmented as common rail and rotary distributor. On the basis of vehicle type, the market has been segmented as passenger vehicles and commercial vehicles. Among these, passenger vehicles segment has accounted for the highest market share, in 2016, in terms of revenue.
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