Automotive fuel delivery system is mainly used in automotive for fuel delivery purpose. 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. Automotive fuel delivery system consists of major components which are used in the soft functioning of the engine and regular delivery of the fuel. According to the load conditions, fuel delivery is important as it plays a major role in the air-fuel mixture. A well-designed system is used to reduce pollution and increase the accuracy levels.
Global Automotive Fuel Delivery System Market Size & Growth:
Automotive fuel delivery system market is poised to reach a value of $8.87 billion in 2024 from $3.41 billion in 2017, growing with the CAGR of 5.98%. 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.
Global 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 days, plastic fuel tanks are coming into the picture. There is
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 is subdivided into the regulator, ECU, fuel line, vaporiser, 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 have higher demand in the market.
Geographical classification of automotive fuel delivery market includes Europe, South America, North America, Middle East & Africa and APAC regions. APAC is dominating the region, owing to the growing demand for light and heavy vehicles among the developing nations like India, China. North America comes after APAC in the regard of automotive fuel delivery as it is matured market and has increased the vehicle production in the countries like Canada and Mexico.
Global Automotive Fuel Delivery System Market
Global Automotive Fuel
Starting from $2700
Starting from $2700
Starting from $2700
Keep up-to-date with our weekly newsletter, Media Pulse.