NEW YORK, Dec. 5, 2017 /PRNewswire/ -- Read the full report: https://www.reportlinker.com/p05228507
The global automotive fuel injection pump market is projected to grow from USD 20.91 billion in 2017 to reach USD 38.20 billion by 2025 at a CAGR of 7.8% during the forecast period. The major factors driving the growth of this market include the increased production of vehicles, increasing penetration GDI vehicles, and government regulations regarding vehicle emission norms. Improving vehicle emission norms such as Euro 6 in Europe and Tier 3 in US are encouraging the automakers to make fuel-efficient and low emission vehicles. However, increasing penetration of electric vehicles and increase in the cost of electrification of automotive fuel injection pump will pose a challenge to the growth of the automotive fuel injection pump market.
Increasing penetration of direct injection (DI) in gasoline-driven passenger cars to fuel the direct injection system pump market
The market for direct injection system pump is estimated to account for the largest share in the global estimated automotive fuel injection pump market in 2017. Direct injection system improves fuel efficiency and provide high power out to the vehicle. Direct injection system is forecasted to remain the predominant application segment during the forecast period. The growth of automotive fuel injection pump market for direct injection system pump is anticipated to be driven by the increasing penetration of gasoline-driven passenger cars. Various automotive OEMs, especially in North America and Europe, are offering direct injection system pump as a standard device in their vehicles. Automotive component manufacturer such as Bosch, Continental, Delphi,
Infineon, and Hitachi Automotive Systems provide direct injection gasoline fuel pumps.
Increasing production of passenger car supporting the growth of common rail fuel injection pump
The common rail fuel injection pump market is estimated to hold the largest share in the global automotive fuel injection pump market estimated in 2017. This segment is estimated to grow at a significant CAGR and is projected to remain the largest segment, by type, during the forecast period. The growth of automotive common rail fuel injection pump segment is expected to be driven by increasing production of passenger cars.
Rising domestic demand for fuel-efficient automobiles is increasing the market for automotive fuel injection pump for gasoline engines in North America
North American automotive industry is considered as one of the fastest-growing industries worldwide in terms of technology and highly efficient vehicles. There is a consistent development in the conventional components like automotive fuel injection pump to improve the efficiency and power of the engines. North America is estimated to be the fastest growing market, and it is identified to be driven by increase in implementation of direct injection system in vehicles driven by gasoline engines.
The study contains insights of various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
• By Company Type: Tier 1 – 37%, Tier 2 – 42%, Tier 3– 21%
• By Designation: C level – 55%, D level – 36%, Others – 9%
• By Region: North America – 45%, Europe – 30%, Asia Pacific – 20%, RoW – 5%
Major players profiled in the report are:
• Continental (Germany)
• Bosch (Germany)
• Delphi (UK)
• Denso (Japan)
• Valeo (France)
• Infineon (Germany)
• Johnson Electric (Hong Kong)
• Mitsubishi Electric (Japan)
• Hitachi Automotive Systems (Japan)
• Mahle (Germany)
• Cummins (US)
• Schaeffler (Germany)
The report segments the automotive fuel injection pump market and forecasts its size, by volume and value, on the basis of region (Asia Pacific, Europe, North America, and RoW), application (direct injection system and multi point fuel injection system), type (common rail fuel injection pump and rotary fuel injection pump), pressure (low pressure pump and high pressure pump) and vehicle type (passenger cars, light commercial vehicle, and heavy commercial vehicle). The qualitative analysis of advanced features is also provided.
Reasons to Buy the Report:
This report contains various levels of analysis, including industry analysis (industry trends, SWOT analysis, MnM view, and competitive landscape) and company profiles, which together comprise and discuss the basic views on the emerging and high-growth segments of the automotive fuel injection pump; competitive landscape ranking; high-growth regions and countries; government initiatives; and market dynamics such as drivers, restraints, opportunities, and challenges.
The report enables new entrants and smaller firms as well as established firms to understand the market better to acquire a larger market share. Firms purchasing the report could use any one or a combination of the below-mentioned four strategies (market development, product development/innovation, market diversification, and competitive assessment) to strengthen their position in the market.
The report provides insights into the following points:
• Market Penetration: The report offers comprehensive information about the automotive fuel injection pump market and the top 12 players in the market.
• Product Development/Innovation: The report provides detailed insights into upcoming technologies, R&D activities, and new product launches in the automotive fuel injection pump market.
• Market Development: The report offers comprehensive information about automotive fuel injection pump market. The report analyzes the market for automotive fuel injection pump across regions and provides comprehensive information about lucrative emerging markets.
• Market Diversification: The report provides exhaustive information about new products, untapped regional markets, recent developments, and investments in the automotive fuel injection pump.
Read the full report: https://www.reportlinker.com/p05228507
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The Global Automotive Fuel Injection Pump Market Is Projected To Grow From Usd 20.91 Billion In 2017 To Reach Usd 38.20 Billion By 2025 At A Cagr Of 7.8%
Dec 05, 2017, 01:17 ET