Global Automotive Fuel Delivery System Market: Overview
The fuel delivery system has become a key component in automobile industries, which transfer fuel from tank to the combustion chamber in the cylinder head. The automobile fuel delivery system comprises pressure regulators, storage tank, throttle position sensor, engine control unit (ECU), fuel injectors, and fuel pumps. Growing demand for automotive fuel delivery system drives the global market. However, increasing demand for automobiles results in the increasing sales of automotive fuel delivery system. Fuel delivery systems are used in all types of automobiles irrespective of the type of fuel used including compressed natural gas (CNG) or petrol.
Global Automotive Fuel Delivery System Market: Growth Factors
Escalating demand for automotive fuel delivery system across the globe is anticipated to foster the global market growth in the future. It helps to generate global revenue and economic status of the country. Growth in the global market is mainly due to increased sales in automobiles such as passenger cars, two-wheelers, heavy commercial vehicle, and light commercial vehicle. Additionally, demand for CNG & LNG is growing in the automotive industries, which is expected to fuel the global automotive fuel delivery system market growth. Moreover, increasing penetration of natural gas in the commercial and passenger automobiles is positively impacting the global market growth.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Automotive Fuel Delivery System Market: Segmentation
The global automotive fuel delivery system market is classified based on components, fuel used, and geography. The components segment includes throttle position sensor, storage tank, fuel pumps, engine control unit, fuel injectors, and pressure regulators. The fuel segment consists of diesel, gasoline, LNG, and CNG or LPG. Of these, CNG or LPG is the leading segment in the global market. Moreover, the geography segment is classified as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Global Automotive Fuel Delivery System Market: Regional Analysis
Asia-Pacific is the largest region in the global automotive fuel delivery system market owing to rising demand for automotive fuel delivery system. In addition, increased demand for automobiles in this region also fosters the global market growth. North America is the second largest market across the world owing to the need for new and advanced vehicles. However, Europe is considered as a mature market, and however, shows a sluggish growth as compare to others. Moreover, increasing financial status and rising population are projected to propel the global market growth. Consumer inclination towards light vehicles also impacts the global automotive fuel delivery system market in a positive way. Sale of the passenger and commercial vehicles in the emerging economies such as India and China is anticipated to grow in the next few years.
Global Automotive Fuel Delivery System Market: Competitive Players
Major players in the global automotive fuel delivery system market include Toyda Gosie, Denso Corporation, Keihin Corporation, Delphi Automotive PLC, Robert Bosch, Magna International, and Magneti Marelli. Other players include Magneti Marelli, Denso Corporation, TI Automotive, Continental AG, Landirenzo, Delphi Automotive Plc., Robert Bosch GmbH, and Continental AG.
Global Automotive Fuel Delivery System Market: Regional Segment Analysis
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