INCREASING NEED FOR LOWERING CO2 EMISSION TO BOOST THE AUTOMOTIVE FUEL INJECTION SYSTEM MARKET

  • According to the new market research report “Automotive Fuel Injection System Market by Type of Fuel Injectors (Single-Point or Throttle-Body Injection, Port or Multipoint Fuel Injection, Direct Injection, and Sequential Fuel Injection), by Component (Fuel Tank, Fuel Pump, Pressure Regulator, Fuel Filter, Fuel Accumulator, Fuel Injectors, and Others), by Fuel Type (Diesel, Gasoline, and Others), by Sales Channel (Original Equipment Manufacturer (OEM) and Aftermarket), by Vehicle Type (Passenger Vehicles, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV) and Hybrid Vehicles), by Region (Asia Pacific, Europe, Middle East & Africa, South America, North America) — Global Forecast (2019 to 2027)”, the automotive fuel injection system market is estimated to reach around USD 87.7 Billion by 2027 at a CAGR of around 3.4% during the review period
  • The increasing need for lowering CO2 emission is a key factor driving the demand for the automotive fuel injection system market
  • However, the growing adoption of electric vehicles remain a major restraining factor for the market growth
  • Fuel Injection system helps in providing the required fuel that engine needs which results in better fuel economy. Thus, rising need for fuel-efficient vehicles is anticipated to drive the market growth
  • Stringent government regulations for reducing CO2 emission have pushed automotive manufacturers in extensive usage of the fuel injection system
  • Introduction of fuel injection systems in different fuel types such as biofuel and compressed natural gas (CNG) is anticipated to boost the automotive fuel injection system market in the future
  • Limited scope for maintenance and repair of the fuel injection system is likely to act as a challenge for market growth
  • Asia-Pacific
  • Europe
  • Hitachi, Ltd.:
  • Delphi Technologies:

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DataBridge Market Research

DataBridge Market Research

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Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approach