Fuel Injection Systems Market share research by applications and regions for 2017-2024
It supplies, measures and optimizes fuel consumption and thus, increases the life of engine. These numerous benefits are powering the fuel injection systems market in the automotive industry.
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The performance of engine is largely reliant on performance and consistency offered by fuel injection systems market. It maintains strength of the engine and reduces carbon emission, therefore, improving efficiency and economy of fuel usage. Companies are investing on R&D operations to offer industrially advanced products for automotive sector.
Growing demand for production of two-wheeler and automotive vehicles from countries such as Brazil, China and India is creating new growth opportunities for the fuel injection systems market. However, continuous instable prices of raw materials can affect the productivity of tier-1 suppliers. Heavy commercial vehicles are expected to show limited growth during the forecast period.
The gasoline direct injection technology will be evolving as a key solution over the future. Mounting concerns over vehicle exhaust gases, fuel efficiency, increasing fuel prices and conservational protocols have made industries look for other advance developments. Gasoline direct injection technology offers required benefits by the companies at a reasonable cost. In developing countries and developed countries gasoline direct injection technology is expected to gain considerable market share over the forecast period.
Strict fuel emission rules have led to a ban on diesel cars in France thus leading to a surge in demand for gasoline FIS. This ban is projected to be a major driver for the industry, as it would lead to research and development of advanced fuel injection systems for vehicles.
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The companies operating in the fuel injection systems market include Denso Corporation, Delphi Automotive PLC, Continental AG, Robert Bosch, Hitachi Limited, Magneti Marelli and others. The industry players focus on new product development to gain significance in the industry. For instance, Denso Corporation developed a new FIS for diesel common rail (DCR) with world’s high injection pressure of 2500 bar. This development of new system has helped increase the fuel efficiency by 3 percent while reducing nitrogen oxide and particulate matter by 8 and 50 percent respectively. This new DCR system has been launched for various sector vehicles worldwide.
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Gasoline Direct Injection (GDI) System Market Size By Component (Electronic Control Units, Fuel Injectors, Fuel Pumps, Sensors), By Application (Passenger Car [PC], Commercial Vehicle [CV]), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, China, Japan, South Korea, India, Brazil, Mexico), Application Potential, Competitive Market Share & Forecast, 2016 – 2024
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