According to a new
market report published by Transparency Market Research “Automotive
Fuel Delivery and Injection Systems Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,”
the Automotive
Fuel
Delivery
And
Injection
Systems
Market
was valued at US$54.60 bn in 2014, and is expected to reach US$72.76
bn by 2021, at a CAGR of 4.9% from 2015 to 2021.
The automobile
sector is one of the most growing sectors globally. The rising
government regulations for emission norms and increasing fuel price,
the market for automotive Fuel Delivery and Injection Systems is set
to increase globally. Automotive Fuel Delivery and Injection Systems
are core element of a vehicle’s combustion engine. Modern vehicles
are equipped with various types of fuel delivery and injection
systems which provide perfect air and fuel mixture ratio to reduce
fuel emission and deliver better mileage. There are various types of
fuel delivery and injection systems such as port fuel injection,
throttle body injection, direct injection and sequential fuel
injection.
Automotive fuel
delivery and injection systems are one of the important components
used in a vehicle’s engine. The Electronic Control Unit (ECU)
manages and controls multiple electrical systems in the vehicle.
Automotive sensors sense the amount of harmful gas emitted through
its exhaust system and feeds the data to the vehicles ECU. The ECU
then changes the air and fuel mixture entering the engine to reduce
the emission of harmful gas such as carbon mono oxide. Fuel injection
systems also help optimize the vehicles mileage by reducing the
amount of unburned fuel in the engine.
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Increasing demand
for fuel efficient and emission control are the major factors fueling
demand for automotive fuel delivery and injection systems. The
automotive fuel delivery and injection system market is basically
bifurcated into three broad categories: by vehicle, by fuel type and
by fuel injection system type.
Companies that
presently have a sizeable stake in the global automotive fuel
delivery and injection systems market are: Delphi Automotive PLC,
Continental AG, Robert Bosch GmbH, Hitachi Automotive Systems, Ltd.,
Alternative Fuel Systems, Inc., and others.
Some of the
leading players in the market are, Denso Corporation (Japan),
Robert Bosch GmbH (Germany), Magneti Marelli Powertrain (U.S.),
Delphi Automotive Plc (U.K.) and Continental AG (U.S.) among others.
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