Automotive Fuel Injection System Market Expected To Grow at a Steady CAGR of 3% Through 2027 | Key Players are Denso Corporation, Delphi Technologies PLC, Continental AG, etc.
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The automotive fuel injection system marketplace remains a moderately consolidated landscape and portrays the reign of top players with strong product portfolios. The tier 1 players in the automotive fuel injection system market place account for nearly 58-65% of the global share, while Tier 2 & Tier 3 players hold the remaining share. The tier 1 players in the automotive fuel injection system market remain focused on value creation as one of the key strategic dimensions for enhancing the brand reliability. Moreover, these companies are also emphasizing to attain regional sales balance with an objective of expanding their customer outreach. Furthermore, the leading players are continuously driving forward innovations, both in case of products and business models, to retain their stronghold in automotive fuel injection system marketplace.
The trend of engine downsizing is on a consistent rise, as use of smaller engines offering the power and competency of large engines is rapidly gaining traction. Orientation of prominent automakers toward introducing highly efficient vehicles is persuading them to adopt new technologies, with engine downsizing being an acclaimed one. Since the end of 1990s, the trend of engine downsizing is progressively spreading across the automotive industry and is being relied upon for facilitating high performance goals.
The increasing vigor of downsizing is pushing the adoption of direct Injection, which is one of the key downsized engine parameters apart from supercharging and variable can timing. Additionally, a considerable upswing in demand for the turbocharging technology along with on-going developments is also likely to accentuate the adoption rate of direct injection.
Electronic fuel injection system is no longer a new-age intrusion, it is being actively utilized for modern day vehicles. The rising need to ensure optimal fuel consumption is one of the major factors pushing adoption of electronic fuel injection (EFI) systems, which in turn ensures high-scale efficiency in case of running conditions. Fuel injectors, connected with an engine control unit (ECU) and multiple sensors, convey clear indications of the fuel amount to be injected, being influenced by the received impulses. This facilitates appropriate fuel spraying with minimal chance of wastage, making EFI a highly sought-after fuel injection system for modern automobiles.
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Prominent automakers across the globe are swiftly gravitating toward use of electronic fuel injection systems, even in case of the economic base model vehicles. Moreover, rising number of governmental initiatives to achieve standards of better emissions is further likely to make electronic fuel injection system a highly preferred solution.
Automotive fuel injection system in modern day vehicles operate at varying pressure levels in a bid to comply with emission limits and other requisites. Rising need to increase the wear of fuel injection components and enhance versatility is pushing the demand for special coatings, such as titanium nitride (TiN) coatings, near-frictionless carbon coatings, and many more.
Another aspect gaining momentum in the automotive fuel injection system marketplace is the incorporation of surface treatments for low lubricity fuels. The use of such coatings on the fuel injector system components help in eliminating the necessity of adding lubricants in case of low lubricity fuel compositions.
The demand for fuel efficiency and reduced CO2 emissions remains an all-time high in the automotive industry. This has resulted in the emergence of an array of advanced technologies adopted by the automakers to achieve performance goals in tandem with optimal fuel economy. Prominent automobile manufacturers across the globe are harnessing the potential of gasoline direct injection (GDI), owing to its unmatched ability of scaling up the power output and controlling undesirable by-products of combustion.
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