Automotive Fuel Rail Market| COVId-19 Impact, Growth, Trends, Analysis, Future Scope, Size, Share, Forecast To 2023
Automotive Fuel Rail Market Overview
The growing severity of emission norms across the globe has raised the demand for advanced and efficient fuel delivery systems which is generating massive demand for automotive fuel rail systems.
Competitive Landscape
Nikki Co., Ltd. (Japan), Magneti Marelli S.p.A. (Italy), Landi Renzo S.p.A (Italy), Roberts Bosch GmbH (Germany), Cooper-Standard Automotive Inc. (US), TI Fluid Systems (UK) , AISIN SEIKI Co., Ltd. (Japan), Continental AG (Germany), Sanoh Industrial Co., Ltd. (Japan), and Linamar Corporation (Canada) are the eminent players in the global automotive fuel rail market.
Segmentation
The global automotive fuel rail market has been segmented based on fuel type, material, vehicle type, engine type, and type of pressure system.
By fuel type, the automotive fuel rail market has been segmented into gasoline, diesel, and alternative fuel.
By type of pressure system, the automotive fuel rail market has been segmented into high-pressure and low-pressure.
Regional Analysis
By region, the automotive fuel rail market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).
Burgeoning sale of vehicles, both commercial and passenger, have driven the automotive fuel rail market. Growth in the APAC is concentrated in the developing economies such as China, Japan, and India, where economic upturn, population boom, and growing demand for passenger vehicles is substantiating the market growth.
Europe is anticipated to follow the APAC market over the forecast period. Augmenting demand for passenger vehicles in Europe, coupled with the prolific growth of the automotive sector has favored market expansion. Moreover, the region is home to various automotive OEMs who generate abundant demand for automotive fuel rail.
Industry Updates
June 2019 - John Deere Electronic Solutions has introduced a new engine, 13.6 liter PowerTech, in line with specific regulations related to emission reduction. It is equipped with a common-rail fuel system which helps in the reduction of overall dimensions of the engine to provide enhanced performance.
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