Press release
Automotive Fuel Systems Market 2022 Analysis by Top Manufacturers - Continental,Delphi,Denso,Robert Bosch
The Global "Automotive Fuel Systems Market" research report offers an in-depth examination of the current trends, latest expansions, conditions, market size, various drivers, limitations, and key players along with their profile details. The Automotive Fuel Systems Market Research report offers the historic data for the year 2016 to 2021 and also makes available the forecast data from the year 2022 to 2028 which is based on revenue. With the help of all this information research report helps the Market contributors to expand their Market positions. With the benefit of all these explanations, this market research report recommends a business strategy for present market participants to strengthen their position in the market. This report analyzes the impact of the Covid 19 pandemic on the Automotive Fuel Systems Market from a Global and Regional perspective.The automotive fuel systems market was valued at USD 3.77 billion in 2021 and is expected to reach USD 5.29 billion by 2028 registering a CAGR of above 5.6% during the forecast period (2022 - 2028).
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Market Overview:
Over the medium-term enactment of stringent emission control norms, especially for commercial vehicles, noise reduction, increased fuel efficiency, etc. have a notable impact on consumer behavior. However, increasing demand and the penetration of electric vehicles in the automotive sector are expected to hinder the growth of the market.
The drastic pressure variations in common rail injection systems are expected to reduce the emission of nitrogen dioxide by 50% and enhance fuel efficiency by 3%. On the other hand, the aftermarket kits, especially in the emerging markets, mainly drove the segment for liquefied petroleum vehicles. The lack of LPG-equipped models contributed to the high share of the aftermarket.
Top Key Players are covered in the Automotive Fuel Systems Market Report:
Continental,Delphi,Denso,Robert Bosch,Hitachi,Aisin,BorgWarner,Cummins,Keihin Corporation,Honeywell,Magneti Marelli,Infineon Technologies,Thyssen Krupp,Schaeffler,ZF Friedrichshafen,Tenneco,Wabco Holdings,Carter Fuel Systems
Recent Development:
Denso has acquired 6 companies, including 2 in the last 5 years. Denso has acquired in 2 different US states, and 4 countries. The Company's most targeted sectors include automotive (34%) and software (34%).
Robert Bosch has acquired 19 companies, including 2 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 7 assets.
Robert Bosch's largest acquisition to date was in 2012, when it acquired Service Solutions Segment SPX for $1.2B. It's largest disclosed sale occurred in 2014, when it sold L.R. Nelson to Fiskars for $26M. Robert Bosch has acquired in 7 different US states, and 5 countries. The Company's most targeted sectors include machinery (22%) and automotive (11%).
Market Segment Analysis:
The Automotive Fuel Systems Market Report provides a primary review of the industry along with definitions, classifications, and enterprise chain shape. Market analysis is furnished for the worldwide markets which include improvement tendencies, hostile view evaluation, and key regions development. Development policies and plans are discussed in addition to manufacturing strategies and fee systems are also analyzed.
Automotive Fuel Systems Market Segmentation by Types:
Gasoline Systems
Diesel Oil Systems
CNG or LPG Systems
Automotive Fuel Systems Market Segmentation by Applications:
Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
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Regional Analysis:
The region-wise coverage of the market is mentioned in the report, mainly focusing on the regions:
North America (NA) - US, Canada, and Mexico
Europe (EU) - UK, Germany, France, Italy, Russia, Spain & Rest of Europe
Asia-Pacific (APAC) - China, India, Japan, South Korea, Australia & Rest of APAC
Latin America (LA) - Brazil, Argentina, Peru, Chile & Rest of Latin America
The Middle East and Africa (MEA) - Saudi Arabia, UAE, Israel, South Africa
Asia-Pacific & North America Region Anticipated to Grow at Significant Level During the Forecast Period
North America is the fastest-growing region in the global automotive fuel systems market, owing to the increase in the production of vehicles in the region. Asia-Oceania is expected to be the largest market for automotive fuel systems. In the past few years, several OEMs are expanded their business in the Asia-Oceania region to cater to the increasing demand for vehicles in the region. The economic conditions are highly favorable for the automotive industry in Asia-Oceania. The major contributors in this region are China, Japan, and South Korea. CNG is estimated to be the fastest-growing market globally for automotive fuel systems for alternative vehicles market, due to the increasing installations of electronic fuel systems. Asia-Pacific region is expected to lead in the automotive fuel systems market owing to growing automotive production across key markets like India, China, etc. CNG-powered vehicles are expected to witness strong growth in the European and North American regions.
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The Research covers the following objectives:
To study and analyze the Automotive Fuel Systems consumption by key regions/countries, product type and, application, history data from 2016 to 2021, and forecast to 2028.
Focuses on the key global Automotive Fuel Systems manufacturers, to define, describe and, analyze the sales volume, value, market share, market competition landscape, Porter's five forces analyses, SWOT analyses, and development plans in the next few years.
To analyze the Automotive Fuel Systems with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges, and, risks).
Significant Features and Key Highlights of the Automotive Fuel Systems Market Reports:
- Detailed overview of The Automotive Fuel Systems market.
- Changing market dynamics of the industry.
- In-depth market breakdown by Type, Application, etc.
- Historic, existing, and predictable market size in terms of extent and worth.
- Recent manufacturing trends and developments.
- Competitive landscape of The Automotive Fuel Systems market.
- Approaches to significant performers and product help.
- Prospective and niche sectors/regions exhibiting promising growth.
The Automotive Fuel Systems Market report gives answers to the following:
What guidelines are followed by key performers to contest this Covid-19 condition?
What are the important matters drivers, opportunities, challenges, and dangers of the market?
will face surviving?
Which are the important market players in the Automotive Fuel Systems industry?
What is the forecast compound annual growth rate (CAGR) of the global market for the duration of the forecast period (2022-2028)?
What could be the anticipated value of the Automotive Fuel Systems marketplace during the forecast period?
Customization:
The Global Automotive Fuel Systems Market Report may well be modified to meet your detailed business essentials. Because we understand what our clients want, we provide up to 20% customization for any of our Market Intelligence Data reports at no added cost to all of our Users.
Thanks for reading this article; you can also customize this report to get select chapters or region-wise coverage with regions such as Asia, North America, and Europe.
About Us:
Market intelligence data provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Market intelligence data provides global and regional market intelligence coverage, a 360-degree market view that includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Contact Us:
Irfan Tamboli (Head of Sales) - Market Intelligence data
Phone: +1 (704) 266-3234
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