Automotive Fuel Rail Market Revenue, Future Scope, Market Trends, Key Players And Forecast To 2023
Automotive Fuel Rail Market Overview
The governments in multiple countries are undertaking initiatives which are promoting the growth of the market. Conversely, the surge in demand for battery electric vehicles is likely to deter the growth of the market over the forecast period in general fuel rails have long life span which acts as a key restraint to the market growth. Moreover, electric vehicles are gaining traction in developed countries on account of the presence of sufficient charging infrastructure which can bring down the demand for the automotive fuel rail.
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 engine type, the automotive fuel rail market has been segmented into inline engine, and V-engine.
By material, the automotive fuel rail market has been segmented into steel, aluminum, others.
By vehicle type, the automotive fuel rail market has been segmented into passenger car, light commercial vehicle, and heavy commercial vehicle.
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.
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.
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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