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(Transportation-News.com, February 08, 2019 )
Stratview Research announces the addition of a new market research report on Global Automotive Fuel Injection System Market by Vehicle Type (Small Car, Mid-Size Car, Large Car, LCV, SUV, and Others), by Fuel Type (Gasoline and Diesel), by Injection Type (Gasoline Direct, Gasoline Port, and Diesel Fuel), by Component Type (Engine Control Unit, Fuel Injector, Fuel Pressure Regulator, and Fuel Pump), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022.
The Global Automotive Fuel Injection System Market: Highlights
Stratview Research foresees a sustainable growth of CAGR 6.0% in the fuel injection system market over the next five years (2017 – 2022), which offers an opportunity to the automotive industry players to align themselves with the market growth.
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There are a number of factors bolstering the growth of fuel injection systems in the global automotive industry. Increasing demand for the fuel efficient vehicles, advancement in fuel injection systems technology, increasing disposable income, and imposition of stringent government regulations in both developed and developing regions are driving the demand of fuel injection system in the global automotive industry.
Gasoline direct injection system will continue to gain market acceptance in the global automotive fuel injection systems market. Gasoline direct injection system is continuously replacing traditional gasoline port fuel injection system. Diesel injection systems market is expected to experience a sustainable growth during the forecast period, driven by European region.
Asia-Pacific is expected to experience the fastest growth over the next five years and remain the largest market for fuel injection system in the global automotive industry. The growth in Asia-Pacific is largely driven by increasing production of passenger vehicles in China and India to meet the regional demand. Brazil is also likely to offer a healthy growth opportunity in the fuel injection systems market in the global automotive industry.
The key fuel injection system manufacturers in the global automotive industry are Robert Bosch, Continental AG, Delphi Automotive PLC, Denso Corporation, Infineon Technologies AG, Hitachi Ltd., Magneti Marelli Spa. New product development, collaboration with auto OEMs, and regional expansion are key strategies adopted by the key players to gain competitive edge in the market.
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Ritesh Gandecha
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Source: EmailWire.Com 
Source: EmailWire.com
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