Asia-Pacific Automotive Fuel Delivery System Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Automotive fuel delivery system is mainly used in automotive for fuel delivery purpose. Automotive fuel delivery system comprises of important components which are used in the soft functioning of the engine and regular delivery of the fuel. Automotive fuel delivery system includes pumping, filtering and carrying fuel into the combustion chamber. In this combustion chamber, air is mixed with the fuel and vaporised, which is compressed in the engine cylinder and ignited to produce energy and power.
APAC Automotive Fuel Delivery System Market Size & Growth:
APAC Automotive fuel delivery system market is poised to reach a value of $8.81 billion in 2024 from $3.35 billion in 2017, growing with the CAGR of 5.80%. Key points like the enhanced efficiency of fuel delivery systems owing to the technological advancements, increasing sales of automotive fuel vehicles are accelerating this market growth. Automotive fuel delivery system market has opportunities for growing production of vehicles in developing countries around the globe, launching different fuel types such as CNGs and biofuels. Factors like increasing demand for electrical vehicles, strict government regulations for controlling the pollution from automobiles, fluctuating prices of raw materials used in automobiles are restricting the market growth.
APAC Automotive Fuel Delivery System Market Share:
Engines mix fuel inside their chambers such that to create vehicles forward and backward motion by moving the piston. However, the fuel flowing in the vehicle purely depends on the type of system incorporated in the particular vehicle. In the recent
Asia-Pacific Automotive Fuel Delivery System Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
days, plastic fuel tanks are coming into the picture. There is a wide range of technologies launched by the different players present in the market. There are many companies in every region dealing with fuel delivery manufacturing and are interested in giving high priority to launch the fuel tanks with features like low weight and reducing evaporation of the fuel. Fuel type, components, and geographical regions are the segments present in the automotive fuel delivery system. There are sub-segments like Fuel rail, fuel pump, fuel injector, fuel filter, fuel pressure regulator, throttle position sensors are present by component type. The above components are used in an engine for air combustion. Fuel from the fuel tank is flown into the fuel line, through fuel filter it is sent to fuel rail. By fuel type, the market is classified as diesel, gasoline and alternative fuels. Alternate fuels are further classified into LNG, CNG, LPG and where liquefied petroleum gas are subdivided into the regulator, ECU, fuel line, vaporizer, injector. Whereas CNGs are subdivided into the high-pressure fuel line, low-pressure fuel line, pressure regulator, injector, fuel rail and ECU. Owing to the higher efficiency and low pollution levels, CNGs are having higher demand in the market. By geography, they are segmented as China, India, Japan, Australia & New Zealand and others. APAC is dominating the region, owing to the growing demand for light and heavy vehicles among the developing nations like India,
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Asia-Pacific Automotive Fuel Delivery System Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
China.
APAC Automotive Fuel Delivery System Market Trends:
- DENSO Corporation is to increase its shareholding with Renesas Electronics Corporation to fuel up the development of various in-vehicle systems.
- Toyoda Gosei Co. Ltd. established a new plant in Japan for production of high-pressure hydrogen tanks for fuel cell vehicles (FCV).
APAC Automotive Fuel Delivery System Market Research Reports Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROCin the current market and their impact in altering the market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Magna International Inc.
- Continental AG
- Keihin Corporation
- Denso Corporation
- Magneti Marelli S.P.A
Along with these companies, there were many other companies are considered in the report while analysing the APAC Automotive Fuel Delivery System market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
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