Automotive Fuel Delivery System Market 2022 Overall Industry Size, Growth, Trends, Competitor Analysis & Forecast up to 2030
Market Synopsis
As per the research by Market Research Future Reports
(MRFR), the global automotive
fuel delivery system market 2022 is majorly driven by the surging demand
for an efficient fuel delivery system. The research states that the global
automotive fuel delivery market is estimated to grow at a CAGR of 5% during the
forecast period. The prolonged life span of vehicles has also augmented the
market. There has been an increase in the manufacturing of commercial and
passenger vehicles has resulted in additional growth of the market.
Besides, the need for alternative fuels such as CNG, LPG,
etc. has increased from the past few years, which directly influences the
market. The growing penetration of natural gas automobiles in several countries
is likely to widen the market. Furthermore, the rising demand for automobiles
is anticipated to fuel market expansion and generate significant revenues.
However, the rising focus on the usage of electric vehicle can obstruct the
expansion of the market. In addition, the outbreak of COVID-19 has led to
particular challenges. We will provide COVID-19 impact analysis with the
report.
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Key Players
Robert Bosch GmbH, Continental AG, Delphi Automotive
Plc., Infineon Technologies AG, Magneti Marelli, Denso Corporation, TI
Automotive INC, UCAL Fuel Systems, NGK Spark Plug Co. Ltd, and Toyoda Gosei.
Industry News
March 2020
Humsafar, an online diesel delivery startup, has revealed
that it will offer doorstep fuel service to emergency services like the
healthcare sector during the nationwide observation of lockdown in India. The
initiative was taken with an objective to curb the spread of COVID-19. The
delivery would be done free of cost. The service was announced for vehicles
like ambulances of the hospital.
May 2020
The president of France, Mr. Emmanuel Macron, has announced
an 8 billion euros plan to revive France’s motor industry which has been
suffering severely amidst the outbreak of COVID-19. The plan consists of
subsidies for buyers of electric and hybrid cars and support for research into
hydrogen power and self-driving cars. The action is likely to impede the growth
of the automotive fuel delivery system.
Market Synopsis
The global automotive fuel delivery system can be classified
on the basis of fuel type, component, vehicle, and region.
On the basis of fuel type, the global automotive fuel
delivery system can be classified into diesel, gasoline, and alternative fuel.
On the basis of components, the global automotive fuel
delivery system can be classified into the fuel pump, fuel injector, fuel
pressure regulator, fuel filter, fuel rail, air control valve, and throttle
position sensor.
On the basis of vehicles, the global automotive fuel
delivery system can be classified into passenger, hybrid, HCV, and LCV.
On the basis of region, the global automotive fuel delivery
system can be classified into North America, Europe, Asia-Oceania, Middle
East, Africa, and South America.
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Regional Analysis
The geographical analysis of North America, Europe,
Asia-Oceania, the Middle East, Africa, and South America has been conducted. As
per the research by MRFR, the global market is reigned by Asia-Oceania. The
presence of Original Equipment Manufacturers (OEM’s) plays a significant role
in regional market expansion. Several other companies are also taking
initiatives to increase their presence in the region.
On the other hand, the North American market is estimated to
be the fastest-growing market during the forecast period. The regions
technically advanced, and hence, a fast expansion is estimated in the region.
The technically equipped manufacturing hubs and the fast expansion of the market
are anticipated to expand the market.
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