Booming growth of Automotive Fuel Injection Pump Market by top key players like Robert Bosch, Continental, Denso, Delphi
Automotive Fuel Injection Pump Market by Type (Common Rail and Rotary Distributor), Application (Direct Injection and Multi Point Fuel Injection), Pressure (Low Pressure and High Pressure), Vehicle (PC, LCV, and HCV), and Region – Global Forecast to 2025
Market overview
The global automotive fuel injection pump market which is estimated to be valued at USD 20.91 Billion in 2017 is projected to reach a value of USD 38.20 Billion by 2025, growing at a CAGR of 7.8% during the forecast period from 2017 to 2025.
Based on type, the common rail fuel injection pump market held the largest market share, and is also projected to witness the highest growth over the forecast period. This growth can be majorly attributed to the increased demand for enhanced vehicle performance and continuous pressure throughout irrespective of the engine speed & load conditions.
Among applications, the market for direct injection system is expected to hold the largest market share during the projected period, owing to the increased use of direct injection system due to the increasing penetration of the system in the gasoline engine vehicles in North America.
Passenger Car is estimated to hold the largest market share during the forecast period
Along with the passenger car production, the demand for fuel-efficient vehicle has also increased among the end-users. According to the Organisation Internationale des Constructeurs d’Automobiles (OICA) statistics, the global passenger car production has increased from 59.90 million units in 2011 to 72.11 million units in 2016, at a CAGR of 3.78% over the period of five years. Also, developing countries such as China and India have witnessed significant economic growth, which, in turn, is increasing the demand for passenger cars. The stringent emission norms are also driving the market for automotive fuel injection pump market.
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Direct Injection System is estimated to be the largest segment by application from 2017 to 2025
The growth of automotive fuel injection pump market, by type, is anticipated to be driven by the increasing use of direct injection system due to increase in penetration of the system in the gasoline engine vehicles in North America. The direct fuel injection system delivers the fuel at high pressure to improve the performance of the vehicle with better fuel efficiency, which helps to increase the demand of direct injection system.
Key Market Players:
Some of the major players in the global market are Robert Bosch (Germany), Continental (Germany), Denso (Japan), and Delphi (UK). The last chapter of this report covers a comprehensive study of the key vendors operating in the market. The competitive landscape is presented as a SWOT analysis of the leading players. The evaluation of market players is done by considering various factors such as new product development, R&D expenditure, business strategies, product revenue, and organic and inorganic growth.
Factors impacting the market growth
The growth of the global market for automotive fuel injection pumps is being primarily influenced by the following factors:
- Increasing demand for fuel-efficient vehicles
- Strict emission control norms by government regulatory bodies
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