North America Fuel Injection System Market is Expected to Reach $15,826.0 Million by 2019, at a CAGR of 8.05% From 2014 to 2019

May 20, 2015, 12:30 ET from MicroMarket Monitor

FORT WORTH, Texas, May 20, 2015 /PRNewswire/ --

North America Fuel Injection System Market is expected to reach $15,826.0 million by 2019, at a CAGR of 8.05% from 2014 to 2019.

Browse through the TOC of North America Fuel Injection System Market for an analysis of industry trends and segments, with the help of various tables and figures.

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The North America fuel injection system market is classified into fuel type, by vehicle type, and country. The fuel type segment has been further categorized into gasoline and diesel. The application segment is classified as passenger car, LCV, and HCV. Countries taken into consideration include the U.S., Canada, and Mexico.

As of 2014, the U.S. is estimated to hold the largest share in the fuel injection system market, followed by Mexico. The LCV application of fuel injection system is estimated to account a maximum share in 2014, followed by passenger car application. Considering fuel types, gasoline is expected to account a major share, whereas diesel is expected to grow at an 11.1% CAGR during the forecast period.

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In 2014, North America holds third position for Fuel injection system globally, however with upcoming hubs such as Canada and Mexico would push market share globally in near future. Factors such as large population base, growing demand for vehicles in Mexico, and stringent emission norms are driving the North America fuel injection system market. On the other hand, factors such as high maintenance cost of fuel injection system are restricting growth of this market.

Robert Bosch GmbH, Denso Corporation, and Delphi Automotive PLC are major fuel injection system market players in North American market.  

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The Europe Fuel Injection System Market is estimated to grow from 22,803.9 thousand units in 2014 to 29,596.0 thousand units by 2019, at a CAGR of 5.3% during the period under consideration.

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