“Automotive Fuel Injection
System Market: Global Demand Analysis & Opportunity Outlook 2024”
The
global automotive fuel injection system market is segmented into vehicles such
as passenger cars, two-wheelers, light commercial vehicles, heavy commercial
vehicles. Among these segments, passenger cars segment accounted for the
largest market of overall automotive fuel injection system market in 2016. Additionally,
increasing number of passenger cars on roads is anticipated to flourish the
growth of global passenger cars market.
Apart from this, heavy commercial
vehicles segment is believed to be the fastest growing segment in the
global market of automotive fuel
injection system due to increasing transportation activities.
Global automotive fuel injection system market is expected to showcase a tremendous
CAGR of 5.2% over the forecast period i.e. 2017-2024. Additionally, the market is riding on the back of growing automotive
industry along with introduction of advance fuel injection system technologies.
Moreover, the global automotive
fuel injection system market is anticipated to account noteworthy
revenue by 2024.
The diesel direct injector
segment by technology is projected to grasp the biggest market of global
automotive fuel injection system in
2016. Further, growing adoption of diesel vehicles on the back high power is
predicted to directly impact the demand for diesel direct injector
segment which is projected to bolster the growth of global diesel direct injector
market. In terms of regional platform,
Asia-Pacific region accounted for the top position in the global automotive fuel
injection system market. Moreover, swelled
disposable income and rapid urbanization have also boosted the sales of vehicle
in this region which is envisioned to supplement the growth of automotive fuel injection system market.
Increasing
Adoption of Two-Wheelers
Technological advancement in two-wheelers
such as old two-wheelers carburetors systems is replaced with fuel injection system to increase the fuel
economy of two-wheelers are believed to be the dynamic factor behind the rapid
growth of automotive fuel injection system market. Furthermore, increasing
prices of fuel all across the globe is also expected to foster the growth of
automotive fuel injection system market.
Rising
Demand for Fuel Efficient Vehicles
Growing demand for advanced automotive fuel injection system on
the back increasing government legislations regarding emission produced by
vehicles is projected to flourish the growth of automotive fuel injection system market. Moreover,
supportive government initiatives to develop the transportation infrastructure such
as roads in developing nations are projected to positively the impact the
growth of automotive fuel injection system market.
On
the contrary, strict norms taken by government regarding carbon emission have
resulted in ban on diesel cars in some countries and increasing adoption of
electric vehicles are anticipated to hamper the growth of automotive fuel
injection system market.
The
report titled “Automotive Fuel Injection System Market: Global Demand
Analysis & Opportunity Outlook 2024”
delivers detailed overview of the global automotive fuel injection system market in terms of market
segmentation by vehicles, by fuel, by technology, by component and by
region.
Further,
for the in-depth analysis, the report encompasses the industry growth drivers,
restraints, supply and demand risk, market attractiveness, BPS analysis and
Porter’s five force model.
This report also provides the
existing competitive scenario of some of the key players of the global automotive fuel injection system market
which includes company profiling of Continental AG, Delphi
automotive PLC, Denso Corporation, Hitachi Ltd, Robert Bosch GmbH, Magneti
Marelli S.p.A, Keihin Corporation, Woodward, Kinsler Fuel Injection, and
Edelbrock LLC. The profiling enfolds key information of the
companies which encompasses business overview, products and services, key
financials and recent news and developments. On the whole, the report depicts
detailed overview of the global automotive
fuel injection system market that will help industry consultants,
equipment manufacturers, existing players searching for expansion
opportunities, new players searching possibilities and other stakeholders to
align their market centric strategies according to the ongoing and expected
trends in the future.
About Research
Nester
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
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strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision so as to avoid future uncertainties.
Read more Information: https://www.researchnester.com/reports/automotive-fuel-injection-system-market-global-demand-analysis-opportunity-outlook-2024/301
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