According to the latest research report, there has been a significant uptick in the worldwide automotive fuel injection pump market size, which is anticipated to increase at a rate of 7.14 % over the next five years. The automotive fuel injection pump is one of the most critical vehicle components that has gotten a lot of attention from major automakers. The automobile industry has developed as a major revenue source in recent years, thanks to numerous technological improvements in engine components, including vehicle fuel injection pumps. The global automotive fuel injection pump market is growing, with pollution control and fuel efficiency being the key drivers. Automobile manufacturers are currently concentrating their efforts on improving technology to increase automotive fuel injection market efficiency and pollution control.
Automotive fuel injection pumps are critical components in engines, enhancing efficiency and ensuring that the vehicle runs smoothly. The fuel injection pump in automobiles is exceptionally efficient in delivering engine performance to the vehicle engine. Low pollution and improved fuel economy, rising new car sales, tough government regulations aimed at reducing vehicle emissions, technological advancements, and developing economies are just a few of them. Electric vehicles are becoming more common, which could be a major roadblock. Furthermore, increased demand for gasoline-powered vehicles and rising disposable income present considerable Automotive Fuel Injection Pump Market Opportunities.
The worldwide automotive fuel injection pump market value is expanding, with the primary focus being on pollution control and fuel efficiency. Automobile manufacturers are now more focused on upgrading technologies for improved fuel economy and pollution management. Automotive fuel injection pumps play an important role within engines, increasing efficiency and ensuring the smooth operation of the vehicle. In automobiles, the fuel injection pump operates extremely well, delivering engine performance to the vehicle engine. Certain rising elements are primarily influencing the global automotive fuel injection pump market. Low pollution and greater fuel economy, increased sales of new cars, rigorous government restrictions on lowering vehicle emissions, technology developments, and growing economies are some of them. The increasing prevalence of electric cars might be a big impediment. Furthermore, rising gasoline engine car demand and rising disposable income provide significant market potential.
Market giants and start-ups in the automotive fuel injection pump industry are developing new goods and services to suit the ever-increasing demands of customers.
A new common rail direct injection system from DENSO Corporation, a worldwide automotive supplier, has been developed with the world's highest injection pressure of 2,500 bar. DIET-FI is a revolutionary electronic fuel infusion framework for compact bikes developed by DENSO Corporation, a worldwide carmaker. DIET-FI is the world's first fuel infusion system that doesn't rely on a choke position or motor temperature sensor.
Delphi revealed in August 2019 that it intends to put new fuel injection technology into production, which could increase the fuel pressure from 350 to 500 bars and increase the Fuel Injection Pump Market. In some vehicles, this might result in a 50% gain in engine efficiency and a 50% reduction in particle emissions.
The global need for fuel-efficient cars to lower CO2 and NOx levels is increasing, and so the usage of highly efficient engines is projected to rise. The design of the fuel injection system and its key components, such as the automotive fuel injection pump, is the most vital part of the engine. The adjustment of the fuel injection pump is critical to the entire engine calibration procedure. The fuel injection pump is adjusted based on several parameters, including the kind of fuel, engine size, the power required, fuel economy, and exhaust emissions mandated by the government.
A significant development in the Asian and European automotive sectors, as well as technical advancements in traditional automotive fuel injection pumps, will offer a substantial opportunity for the worldwide automotive fuel injection pump market growth.
Some of the key constraints found in the worldwide market are a rise in electric car penetration and government backing for it owing to environmental concerns. As of 2017, an increase in the cost of electrifying automobile fuel injection pumps may represent a hindrance to market growth to some extent.
Rising electric car penetration may create challenges for the global automotive fuel injection pump market expansion throughout the projected period.
In 2017, the market for direct injection systems is expected to account for the biggest proportion. Various automobile OEMs, particularly in North America, provide direct injection systems in their cars, regardless of gasoline type. The usage of direct injection systems in gasoline engines is rising in order to improve vehicle performance and fuel efficiency. General Motors (US), Daimler (Germany), Volvo (Sweden), and Volkswagen AG (Germany) all provide direct injection systems in their car models.
In 2017, the common rail fuel injection pump market is expected to account for the lion's share of the worldwide automotive fuel injection pump market. This sector is expected to expand at a substantial CAGR and to be the largest segment by type during the projection period. The rising production of passenger vehicles is projected to boost the expansion of the automotive common rail fuel injection pump industry.
In terms of technology and high-efficiency cars, the North American automotive sector is regarded as one of the fastest-growing in the world. There is the constant improvement of traditional components such as automobile fuel injection pumps to enhance engine economy and power. North America is expected to be the fastest expanding market, owing to a growth in the use of direct injection systems in cars powered by gasoline engines.
According to the reports, The worldwide automotive fuel injection pump market has been classified based on engine type, pressure, type, vehicle type, and geography. The market has been divided into two segments based on engine type: gasoline engines and diesel engines. In terms of market revenue, gasoline engines are anticipated to lead the global market by engine type in 2016. The market has been divided into two sections based on pressure: low-pressure pumps and high-pressure pumps. The market has been divided into two types: common rail and rotary distributor. The market has been divided into two segments based on vehicle type: passenger vehicles and commercial vehicles. In terms of revenue, the passenger car sector accounted for the largest market share among them in 2016.
The COVID-19 epidemic is likely to have a substantial influence on the automobile fuel injection pump industry. Because of the fast spread of COVID-19, governments have ordered lockdowns all around the world. Because of these lockdowns, manufacturing factories have been shut down, putting the manufacture of automobile parts like vehicle fuel injection pumps on wait for months. Furthermore, legal and commercial limitations caused by restricted borders and limited supply distribution are likely to stymie industry expansion. COVID-19's spread is expected to have a long-term influence on the market. Along with interruptions in the initial supply and production processes, the sector is also experiencing uncertainties about the timetable for recovery owing to decreasing demand.
The market is segmented based on engine type, pressure, type, vehicle type, and geography. The global automotive fuel injection pump market trend is expected to witness decent growth during the forecast period.
The market is segmented into gasoline engines and diesel engines based on the application.
Based on the propulsion types, the market is segmented into passenger vehicles and commercial vehicles.
According to the reports, The worldwide automobile fuel injection pump market has been segmented into four key regions: North America, Europe, Asia Pacific, and the Rest of the World. Among these areas, Asia Pacific has led the worldwide automotive fuel injection market share due to driving factors such as stringent car pollution regulations, rising disposable income, and increased new vehicle registration. APAC has sold the most automobiles in recent years, with nations such as China, Japan, and Indonesia playing a significant role. Furthermore, the increasing demand for passenger automobiles has been a key driving force in the APAC area. In terms of revenue, North America is the second most important area. Europe, on the other hand, is the third leading region.
The following report comprises of –
| Report Attribute/Metric | Details |
| Market Size 2030 | USD 2,450 Million |
| Compound Annual Growth Rate (CAGR) | 7.14%(2022-2030) |
| Base Year | 2022 |
| Market Forecast Period | 2022-2030 |
| Historical Data | 2019 & 2020 |
| Market Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Engine Type, Pressure, Type, Vehicle Type |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, the U.K., Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive (UK), Robert Bosch (Germany), Hitachi Ltd (Japan), Infineon Technologies (Germany), Schaeffler Group (Germany), Johnson Electric (Hong Kong), Mitsubishi Electric (Japan), Valeo (France), MAHLE GmbH (Germany), and Cummins, Inc (U.S.). |
| Key Market Opportunities | Low emission & higher fuel efficiency, increasing sales of new vehicles, strict government regulations on reducing vehicles emission, technological advancements and emerging economies Rising penetration of electric vehicles Growing demand for gasoline engine vehicles and increasing disposable income |
| Key Market Dynamics | Strict regulation on vehicle emission, rising disposable income and growing new vehicle registration Growing demand for passenger vehicles |
Automotive Fuel Injection Pump Market Highlights:
Frequently Asked Questions (FAQ) :
The automotive fuel injection pump market can thrive at 7.14% CAGR by 2030.
The automotive fuel injection pump market can value at USD 2,450 Mn by 2030.
Johnson Electric (Hong Kong), Valeo (France), Mitsubishi Electric (Japan), Cummins, Inc (U.S.), and MAHLE GmbH (Germany), are some well-established companies in the automotive fuel injection pump market.
Diesel engine and gasoline engine are two segments of the automotive fuel injection pump market by engine type.
High pressure pump and low pressure pump are two segments of the automotive fuel injection pump market by pressure type.
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