According to a new market report published by Lucintel, the future of the global automotive fuel delivery system market looks promising with opportunities in passenger cars, light commercial vehicles, heavy commercial vehicles and hybrid vehicles segments. The global automotive fuel delivery system market is expected to grow with a CAGR of 6% from 2021 to 2026. The major drivers for this market are increase in vehicle production and sales, demand for fuel distribution systems and increasing demand for alternative fuel vehicles.
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In this market, fuel pump, fuel injector, fuel pressure regulator, fuel filter, fuel rail, air control valve, throttle position sensor are major components of automotive fuel delivery system. On the basis of comprehensive research, Lucintel forecasts that fuel injector will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to the stringent emission control norms, increased fuel efficiency and provides efficient combustion to the engine.
Within the global automotive fuel delivery system market, the passenger cars segment is expected to witness the highest growth over the forecast period due to the demand for fuel delivery system and production of passenger cars.
APAC is expected to remain the largest market and witness the highest growth rate over the forecast period due to increasing adoption of energy-efficient fuel delivery systems countries and number of factors such as swelling disposable income of the consumers and increasing number of vehicles on road.
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing demand for commercial vehicles, emphasis on usage of electric vehicles and increasing demand for high efficiency engines. Robert Bosch GmbH, Continental AG, Delphi automotive LLP, DENSO CORPORATION, Magneti Marelli S.p.A., Magna International Inc., Keihin Corporation, TI Automotive, Landi Renzo S.p.A., and Standard Motor Products Inc. are among the major suppliers of the automotive fuel delivery system market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global automotive fuel delivery system market by component, fuel type, vehicle type and region, and has compiled a comprehensive research report titled “Growth Opportunities in the Global Automotive Fuel Delivery System Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global automotive fuel delivery system market by component, fuel type, vehicle type and region, as follows:
By Component [Value ($ Million) from 2015 to 2026]:
Fuel Pump
Fuel Injector
Fuel Pressure Regulator
Fuel Filter
Fuel Rail
Air Control Valve
Throttle Position Sensor
By Fuel Type [Value ($ Million) from 2015 to 2026]:
By Vehicle Type [Value ($ Million) from 2015 to 2026]:
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Hybrid Vehicles
By Region [Value ($ Million) from 2015 to 2026]:
North America
United States
Canada
Mexico
Europe
APAC
ROW
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.