Common rail fuel injection pump in the automotive fuel injection pump market is estimated to account for a significant market share over the forecast period.
[USPRwire, Fri May 31 2019]
An automotive fuel injection pump is a device which pumps fuel into the engine cylinder of the vehicle. The system comprises many integral parts like fuel pumps and sensors, which help in air intake, mixing and source fuel. The fuel injection system is located at the very core region of the diesel engine. Another vital function of the automotive fuel injection pump is to adjust the injection timing. Automotive fuel injection pump manages the timing from the point where the fuel is injected, ignited and combusted when maximum combustion pressure is attainted. The main purpose of the automotive fuel injection pump is to deliver fuel into the engine cylinders, while exactly controlling the injection timing, fuel atomization and other parameters.
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The key driving factor of the Global Automotive Fuel Injection Pump Market includes fast growing population, which have resulted in increased demand for premium, as well as non-premium vehicles, across all major developing economies. The macroeconomic factors, such as growing urbanization & industrial activities, coupled with up gradation of living lifestyle and an increase in demand for luxury and comfort in vehicles across many countries, is further augmenting the sales of automotive fuel injection pump. The significant increase in the sales of vehicles, owing to better fuel efficiency and low emission control is highly anticipated to drive the global automotive fuel injection pump market. Moreover, considerable growth in the Asian & European automotive sector and technological advancement in traditional automotive fuel injection pump will create a significant opportunity for the global automotive fuel injection pump market. Furthermore, the upsurge in the utilization of ethanol fuel in the automotive sector is highly anticipated to boost the demand for automotive fuel injection pump. All the above mentioned major influencing factors are highly expected to drive the global automotive fuel injection pump market over the forecast period. The key restraining factor, such as rising penetration of electric vehicles, may hinder the global automotive fuel injection pump market growth over the forecast period.
Common rail fuel injection pump in the automotive fuel injection pump market is estimated to account for a significant market share over the forecast period. The prime advantages associated with common rail fuel injection pump is increasing the demand for improved vehicle performance and constant pressure throughout, irrespective of the engine speed & load conditions. On the other hand, among vehicle type segment, commercial vehicles are anticipated to see rapid market growth over the forecast period, attributed to increasing vehicle production along with growing demand for commercial vehicles.
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The global automotive fuel injection pump market is segmented into seven regions: North America, Europe, MEA, East Asia (Japan, China, South Korea), South Asia (India, Thailand, Malaysia, Indonesia, Philippines, Rest of South Asia), Oceania (Australia, New Zealand) and Latin America. Among the above-mentioned countries, East Asia is estimated to account for a significant market share due to a rise in the production of commercial and passenger vehicles in countries, such as China, Japan and South Korea. South Asia is anticipated to witness a high growth in the global automotive fuel injection pump market owing to the rise in sales of diesel vehicle in the region. Moreover, Middle East & Africa is projected to showcase most optimistic growth in the global automotive fuel injection pump market due to the rise in the construction activities along with an industrial revolution across the region. Europe is one of the key maturing regions that will generate creditable opportunity in the global automotive fuel injection pump market over the forecast period due to the existence of significant automotive manufacturer.
Automotive Fuel Injection Pump Market: Prominent players
Prominent players for the global automotive fuel injection pump market are Delphi Automotive PLC, Denso Corporation, Continental AG, Robert Bosch, Infineon Technologies AG, Carter Fuel Systems, Edelbrock LLC, Hitachi Ltd., Keihin Corporation., Woodward Inc., Magneti Marelli S.P.A., NGK Spark Plug Co., Ltd., Ti Automotive Inc. and other key market players. The automotive fuel injection pump market comprises well-diversified global and regional players with global vendors dominant in the market.
The research report presents a comprehensive assessment of the automotive fuel injection pump market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The automotive fuel injection pump market report provides analysis and information according to market segments such as geographies, application and industry.
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