LONDON, March 1, 2016 /PRNewswire/ -- The Europe fuel injection systems market is projected to reach USD 18.57 billion by 2020, at a CAGR of 5.9% from 2015 to 2020. Availability of advance and highly efficient fuel injection systems and demand generated for such systems in the emerging economies such as Asia-Pacific and Latin America are the major factors influencing the growth of this market.
"Increase in disposable income globally has generated demand for fuel injection systems for passenger cars segment"
With the increase in disposable incomes of the population, the demand for vehicles in Europe has been increasing significantly. Since the demand for fuel injection systems is directly proportional to the demand for vehicles, the increase in vehicle production is expected to drive the growth of the fuel injection systems market in the region.
"Significant increase in registration of commercial vehicle in 2015 and rise in demand of passenger cars emerging economies boosted the fuel injection market in Europe"
The European region holds a significant market share in the passenger cars segment. The increase in vehicle production and the demand for fuel efficient vehicles are the major factors contributing to the growth of the fuel injection system market in this region. Furthermore, the various technological advancements in recent years have resulted in the introduction of different fuel injection systems that are extensively being used across the automobile industry in Europe. Germany is the largest contributor to the automobile industry in Europe, in terms of vehicle production. As a result, Germany is the largest segment of the European fuel injection system market as well.
Various key fuel injection systems market manufactures and distributors are profiled in the report are as follows:
1. Continental AG
2. Delphi automotive PLC
3. Denso Corporation
4. Robert Bosch GmbH
5. Infineon Technologies AG
6. Keihin Corporation
7. Magneti Marelli S.p.A
8. TI Automotive
The report will help market leaders/new entrants/end users in this market in the following ways:
1. The report provides an in-depth analysis and comprehensive view of the overall market and the closest approximation about global numbers and segmentaition across varied vehcile type, fuel type, and regions.
2. The report also provides analysis about strategies followed by top players to enhance market shares as well as understand market dynamics comprising key market drivers, restraints, challenges, and opportunities.
3. The report also offers competitive landscape and company profiles of key players, in addition to recent developments such as new product launches, contracts/ agreements, and mergers & acquisitions.
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