Automotive Fuel Injection Pump Market
Global Automotive Fuel Injection Pump Market is estimated to be USD 19.25 Billion in 2016 and is projected to grow at a CAGR of 7.8% from 2017 to reach USD 38.20 Billion by 2025.
The figure given below illustrates the break-up of the profile of industry experts who participated in primary discussions.
In this study, 2016 has been considered the base year, and 2017–2025 the forecast period, for estimating the size of the automotive fuel injection pump market. The report analyzes and forecasts the market size value (USD million) of the automotive fuel injection pump market. The report segments the fuel injection pump market and forecasts its size, on the basis of region, vehicle type, type, application, and pressure. The report also provides a detailed analysis of various forces acting in the market, including drivers, restraints, opportunities, and challenges. It strategically profiles key players and comprehensively analyzes their market shares and core competencies. It also tracks and analyzes competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry participants.
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Key Players of Automotive Fuel Injection Pump Market:
- ContinentalÂ
- Â Â DelphiÂ
- Â Â DensoÂ
- Â Â BoschÂ
- Â Â SchaefflerÂ
- Â Â Johnson ElectricÂ
- Â Â Mitsubishi ElectricÂ
- Â Â InfineonÂ
- Â Â Hitachi Automotive SystemsÂ
- Â Â ValeoÂ
- Â Â MahleÂ
- Â Â Cummins
Target Audience
- Automobile manufacturers
- Fuel injection pump manufacturers
- Automobile organizations/associations
- Raw material suppliers
- Compliance regulatory authorities
- Government agencies
- Investors and Venture Capitalists (VCs)
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Asia Pacific: Largest market for Automotive Fuel Injection Pump
Asia Pacific region is projected to be the largest market for automotive fuel injection pump from 2017 to 2025. The market growth in the region can be attributed to numerous factors such as increasing demand more power (bhp) with better fuel efficiency, increasing vehicle production, and increase in use of common rail fuel injection pump for passenger cars are expected to fuel the demand for automotive fuel injection pump.
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.
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