Holds Leading Position in Automotive Fuel Delivery and Injection Systems Market
Automotive Fuel Delivery and Injection Systems Market — Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 — 2021
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 ones. 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.
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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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