Global fuel injection systems market has received a tremendous boost in recent years on account of rising environmental concerns and regulations regarding carbon emissions. On account of increasing population, improved lifestyles and subsequent demand for passenger cars, fuel injection systems are expected to grow at a rapidly increasing rate. Fuel injection systems are vital components in any automotive engine that regulate and monitor the amount of fuel entering the engine cylinders as per requirements. Modern fuel injection systems not only regulate the flow of fuel, but also provide additional functions such as multiple, pilot, post injections and rate shaping (scheduling), which is expected to contribute largely to the growth of the market. Several factors such as reliability, ability to accommodate alternative fuels, increased efficiency and output are also anticipated to be imperative factors for fuel injection systems demand. Fuel injected engines are also much easier to start up, requiring no choke and also contribute to savings over fuel, which may foster the growth of global market. Development of diesel fuel injection systems has propelled the demand for diesel passenger cars across the globe. Alternative developments supporting fuel injection systems in 150cc engines and below has allowed exploration of untapped two-wheelers market. Further advancements in fuel injection systems are also expected to boost the market growth.
Certain drawbacks such as high maintenance costs and increased service complexity are expected to hamper the global fuel injection systems market growth. Increased un-burnt hydrocarbons may also lead to higher emission rates which are anticipated to negatively impact fuel injection systems market over the forecast period.
Fuel injection systems market on basis of vehicle types include passenger, commercial, heavy trucks, buses and two-wheelers. Highest growth has been witnessed in the passenger car segment on account of rising per capita income and demand for personal transportation. Classification on the basis of engine types includes gasoline and diesel, with global preference towards gasoline technology on account of fuel efficiency and environmental concerns. Various technologies of fuel injection systems include port injection, diesel direct injection and gasoline direct injection. Further classification on the basis of components includes high pressure pumps, pressure regulators, ECU and injectors.
North America is expected to be driven by high demand for passenger cars in Mexico that can be attributed to increased spending capacity as a result of economic growth. European countries such as Germany, Italy, UK and Spain have also witnessed high growth in fuel injection systems market due to presence of multinational automotive OEMs. Countries such as Japan, India, China and Australia in the Asia Pacific region have also witnessed great developments in fuel injection systems leading to rising demand in the market.
Major players in fuel injection systems markets are undertaking initiatives such as M&A in order to strengthen their foothold in the market. Leading global companies in the fuel injection systems market include Magneti Marelli S.p.A., Delphi Automotive PLC, Robert Bosch GmbH, Ucal Fuel systems Ltd., Mikuni Corporation and Keihien Corporation.
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