Global fuel injection systems market is expected to be driven by increasing awareness regarding carbon emissions and consequent environmental effects associated with automobiles. Fuel injection systems are employed in automobiles to regulate and monitor fuel intake in engines. Regulatory policies have made fuel injection systems obligatory in passenger cars, thus further enhancing their demand in the global market.
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Technological advancements to improve fuel efficiency in automotives have led to fuel injections being multi-functional in nature with added capabilities such as rate shaping, post injections and engine scheduling. Such advancements aimed at product evolution are expected to have a positive impact on the market over the forecast period. Factors such as alternative fuel accommodation ability, increased fuel efficiency, reliability and engine protection associated with fuel injection systems have been imperative in driving the global market over the recent past.
Recent developments in fuel injection systems application for diesel engines are expected to further complement the global market growth and additionally provide market participants with opportunities. Fuel injection systems are gaining prominence in 150cc engines and single cylinder heads further enhancing their application scope in motorcycles.
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Concerns such as high maintenance costs and complex serviceability of fuel injection systems are expected to pose challenges to the global market growth. Fuel injection systems find applications in passenger, commercial, heavy duty vehicles and motorcycles. Increasing passenger car sales and emission standards regarding the same is expected to drive fuel injection systems demand over the forecast period. Growing commercial transportation sector and increasing public transportation usage in emerging economies is expected to drive commercial and heavy duty vehicles demand. This in turn is expected to further complement fuel injection systems market.
North America is expected to witness considerable growth over the forecast period on account of increasing passenger car production in U.S. along with high passenger & commercial vehicles sales in Mexico. Major automotive manufacturing countries in Europe that include Germany, UK, France, Italy and Spain are expected to contribute towards the regional fuel injection systems market growth. Asia Pacific is projected to register significant growth which can be attributable to growing passenger car demand in China and India along with increasing production Japan and Korea.
Major companies operating in the global market include Delphi Automotive Plc, Rober Bosch GmbH, Ucal Fuel Systems Ltd., Mikuni Corp., Magneti Marelli SpA and Keihien Corp. Market competitiveness is expected to driven by product development and newer applications.
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