Market Overview
An Automotive Fuel Delivery System is involved in each step of supplying the fuel from the fuel tank to the cylinder. It pumps, filters, carries, as well as, injects fuel in internal combustion (IC) engine. It consists of a fuel tank, a fuel pump, fuel filter, fuel rail, fuel pipe, fuel pressure regulator, and carburetor or an injector. Fuel is pumped from the tank and into the fuel line by an electric fuel pump. Then, the fuel passes through a fuel filter to either the carburetor or the fuel rail through a fuel carrying pipe. Then, the injector or carburetor supplies fuel to the combustion chamber.
The latest report published by Market Research Future has claimed that the Global Automotive Fuel Delivery System Market is set to record a lucrative CAGR of 5% during the forecast period. Some of the factors attributing to significant market growth include an increase in the production of passenger and commercial vehicles, a rise in the demand for efficient fuel delivery system, and a need for alternative fuels like LPG and CNG. With an increase in the penetration of vehicles based on alternative fuels, the demand for automotive fuel delivery systems that deliver such alternative fuels is expected to skyrocket during the forecast period.
Additionally, a better vehicle life span is also projected to propel growth in the automotive fuel delivery systems market. However, a rise in environment-friendly approach and lifestyle choices has led to a surge in the adoption of electric vehicles, hence, hindering market growth for automotive fuel delivery systems.
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Segmental Analysis
The global automotive fuel delivery system market has been segmented by vehicle, component and fuel. By vehicle, the market is segmented into LCV, HCV, passenger, and commercial. The commercial vehicle segment is expected to dominate the market during the forecast period. Based on component, the market for automotive fuel delivery system is segmented into fuel pump, fuel injector, fuel pressure regulator, fuel filter, fuel rail, air control valve, and throttle position sensor.
By fuel, the market for automotive fuel delivery system is segmented into gasoline, diesel, and alternative fuel. The alternative fuel segment is expected to garner profitable growth in the automotive fuel delivery market during the forecast period. Such growth can be accredited to factors such as greater efficiency and lower pollution.
Key Players
Some of the prominent players profiled by Market Research Future, in the global automotive fuel delivery system market include Continental AG, Denso Corporation, NGK Spark Plug Co. Ltd., Robert Bosch GmbH, Delphi Automotive Plc., Infineon Technologies AG, TI Automotive INC, Magneti Marelli, UCAL Fuel Systems, and Toyoda Gosei.
Detailed Regional Analysis
The Global Automotive Fuel Delivery System Market has been regionally segmented into North America, Europe, Asia Oceania and Rest of the World (RoW). The Asia Oceania is estimated to account for the largest share for automotive fuel delivery system market. Such growth can be ascribed to a proliferation in demand for automobiles. Additionally, the presence of global automobile original equipment manufacturers (OEM) in the region is projected to influence the market to grow faster. Furthermore, a growing demand for passenger and commercial vehicles in emerging economies such as India and China are expected to propel growth for automotive fuel delivery system market during the forecast period.
Europe is anticipated to grow at a slow rate during the forecast period due to market maturity and lower scope of expansion. North America is estimated to garner the fastest growth for automotive fuel delivery systems market during the assessment period.
Industry Update
April 2019: Dupont is expected to demonstrate lightweight and alternative drivetrain technologies essential to achieve sustainable mobility goals at Plastics in Automotive Engineering (PAE) show that is taking place on 3rd and 4th April 2019. DuPont T&AP is going to feature advanced polymers and structural adhesives that deliver ease of assembly, long-term durability, sturdy, lightweight, and electrically - friendly solutions for HEV and EV applications.
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