ID: MRFR/AM/1629-HCR | February 2021 | Region: Global | 100 pages
Market Synopsis of Global Automotive Fuel Delivery System
The function of the fuel delivery system is to supply and store fuel to the engine. The Automotive fuel delivery system comprises of many essential components which aid in proper fuel delivery and smooth functioning of engine.
The major factors driving the market includes increase in the production of passenger and commercial vehicles, demand for efficient fuel delivery system and need for the alternative fuels such as LPG,CNG etc. In addition, increased life span of vehicles has also fueled the growth of the market. However, Increase emphasis on the usage of electric vehicles is the major constraint to the market growth.
The global automotive fuel delivery system market is poised to grow at 5% CAGR.
Study objectives of Global Automotive Fuel Delivery System Market
Regional Analysis of Global Automotive Fuel Delivery System Market
Asia-Oceania dominates the global automotive fuel delivery system market due to factors such as presence of global automobile original equipment manufacturers (OEM’s) and even various mid-level companies are planning to expand their hubs in the region. North America is expected to be the fastest growing market during the forecast period. The sophisticated manufacturing hubs and market in terms of technology is expected to drive the market in the region.
Continental AG, Robert Bosch GmbH, Delphi Automotive Plc., Magneti Marelli, Denso Corporation, Infineon Technologies AG, TI Automotive INC, NGK Spark Plug Co. Ltd, UCAL Fuel Systems, Toyoda Gosei are some of the leading players operating in this market.
The report for The Global Automotive Fuel Delivery Systems Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Frequently Asked Questions (FAQ) :
The automotive fuel delivery market can surge at 5% CAGR in review period.
MRFR reveals that the automotive fuel delivery market poised to attain sizable valuation by the end of study period.
TI Automotive INC, Infineon Technologies AG, UCAL Fuel Systems, NGK Spark Plug Co. Ltd, and Toyoda Gosei are some reputed names in the automotive fuel delivery market.
Upscaling production of commercial vehicles can impel the global automotive fuel delivery market expansion.
MRFR findings state that APAC automotive fuel delivery market generate high profits in the evaluation period.