Tier 1 Players Hold 58-65% Share in the Automotive Fuel Injection System Market with High Focus on Value Creation
The automotive fuel injection system marketplace remains a moderately consolidated landscape and portrays the reign of top players with strong product portfolios. The tier 1 players in the automotive fuel injection system market place account for nearly 58-65% of the global share, while Tier 2 & Tier 3 players hold the remaining share.
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The tier 1 players in the automotive fuel injection system market remain focused on value creation as one of the key strategic dimensions for enhancing the brand reliability. Moreover, these companies are also emphasizing to attain regional sales balance with an objective of expanding their customer outreach. Furthermore, the leading players are continuously driving forward innovations, both in case of products and business models, to retain their stronghold in automotive fuel injection system marketplace.
Pervasive Trend of Engine Downsizing Pushes the Adoption of Direct Injection
The trend of engine downsizing is on a consistent rise, as use of smaller engines offering the power and competency of large engines is rapidly gaining traction. Orientation of prominent automakers toward introducing highly efficient vehicles is persuading them to adopt new technologies, with engine downsizing being an acclaimed one. Since the end of 1990s, the trend of engine downsizing is progressively spreading across the automotive industry and is being relied upon for facilitating high performance goals.
The increasing vigor of downsizing is pushing the adoption of direct Injection, which is one of the key downsized engine parameters apart from supercharging and variable can timing. Additionally, a considerable upswing in demand for the turbocharging technology along with on-going developments is also likely to accentuate the adoption rate of direct injection.
Intelligence with Optimal Fuel Consumption Fosters Popularity of Electronic Fuel Injection Systems
Electronic fuel injection system is no longer a new-age intrusion, it is being actively utilized for modern day vehicles. The rising need to ensure optimal fuel consumption is one of the major factors pushing adoption of electronic fuel injection (EFI) systems, which in turn ensures high-scale efficiency in case of running conditions. Fuel injectors, connected with an engine control unit (ECU) and multiple sensors, convey clear indications of the fuel amount to be injected, being influenced by the received impulses. This facilitates appropriate fuel spraying with minimal chance of wastage, making EFI a highly sought-after fuel injection system for modern automobiles.
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Prominent automakers across the globe are swiftly gravitating toward use of electronic fuel injection systems, even in case of the economic base model vehicles. Moreover, rising number of governmental initiatives to achieve standards of better emissions is further likely to make electronic fuel injection system a highly preferred solution.
Special Coatings and Surface Treatments on Automotive Fuel Injection System Components- a Prominent Trend
Automotive fuel injection system in modern day vehicles operate at varying pressure levels in a bid to comply with emission limits and other requisites. Rising need to increase the wear of fuel injection components and enhance versatility is pushing the demand for special coatings, such as titanium nitride (TiN) coatings, near-frictionless carbon coatings, and many more.
Another aspect gaining momentum in the automotive fuel injection system marketplace is the incorporation of surface treatments for low lubricity fuels. The use of such coatings on the fuel injector system components help in eliminating the necessity of adding lubricants in case of low lubricity fuel compositions.
Orientation toward Fuel Efficiency Complements the Rising Adoption of Gasoline Direct Injection
The demand for fuel efficiency and reduced CO2 emissions remains an all-time high in the automotive industry. This has resulted in the emergence of an array of advanced technologies adopted by the automakers to achieve performance goals in tandem with optimal fuel economy. Prominent automobile manufacturers across the globe are harnessing the potential of gasoline direct injection (GDI), owing to its unmatched ability of scaling up the power output and controlling undesirable by-products of combustion.
As per a revelation by the Office of Energy Efficiency and Renewable Energy, nearly 54.1% of cars and 48.1% of light trucks utilized gasoline direct injection (GDI) in the model year 2017. This provides enough credence to the fact that gasoline direct injection is being widely acknowledged as an ideal option for new age engines and holds a promising growth in the upcoming years.
Automotive Fuel Injection System Market- Competitive Landscape
The competitive landscape offers a detailed look at the prominent companies having a stronghold in the automotive fuel injection system market. The competitive landscape section in the automotive fuel injection system market presents compelling insights on the key developments, differential strategies, and key focus areas of the key players operating in the automotive fuel injection system market space.
Robert Bosch GmbH, a leading player in the automotive fuel injection system market, consummated scheduled sale of SEG Automotive Germany GmbH to the purchaser consortium ZMJ (Zhengzhou Coal Mining Machinery Group Co., Ltd.) in Zhengzhou, China and CRCI (China Renaissance Capital Investment) in Hong Kong, China, by 2017 end.
Denso Corporation, a leading player in the automotive fuel injection system market, developed a new affordable fuel injection system for small motorcycles. This is the first ever fuel injection system that doesn’t entail the use of throttle position sensor or engine temperature sensor.
Continental AG, a prominent player in the automotive fuel injection system, entered into a definitive agreement to acquire nearly 5 percent of indirect ownership stake in HERE technologies.
Automotive Fuel Injection System- Definition
Automotive fuel injection system refers to a system which is utilized for injection of fuel in an internal combustion engine. The conventional fuel injection system in case of a diesel engine involves a fundamental pump driven through a camshaft from the engine. However, precise fuel injection systems making the engines more economical and cleaner are swiftly gaining popularity.
Automotive Fuel Injection System Market- About the Report
The report on automotive fuel injection system market pinpoints compelling insights on the growth roadmap of automotive fuel injection system market over the forecast timespan. The report on automotive fuel injection system market features a scrutinized and exclusive assessment of the automotive fuel injection system market dynamics, such as growth opportunities, captivating trends, growth hurdles, and stellar opportunities, influencing the expansion of automotive fuel injection system market.
Automotive Fuel Injection System Market Structure
The report on automotive fuel injection system market offers a well-organized market structure of automotive fuel injection system market, emphasizing on individual potential of the discrete market segments of automotive fuel injection system market. The automotive fuel injection system market has been classified by vehicle type, fuel type, by technology type, and by region.
By vehicle type, the automotive fuel injection system market has been classified into compact, midsize, luxury, SUV, LCV, and HCV. By fuel type, the automotive fuel injection system market has been classified into gasoline and diesel. By technology type, the automotive fuel injection system market has been classified into gasoline port injection, gasoline direct injection, and diesel direct injection. The automotive fuel injection system market has been analyzed across key regions of North America, Latin America, Europe, Japan, APEJ, and MEA. Automotive Fuel Injection System Market- Research Methodology
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This section in the automotive fuel injection system market elaborates on the constructive research methodology utilized to garner insights for automotive fuel injection system market. The research methodology used for procuring insights for automotive fuel injection system market consists of information from both primary as well as secondary research. The insights garnered for automotive fuel injection system market report in the secondary research are further cross-validated by interviews and interactions with industry experts during the primary research phase.
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Automotive Fuel Injection System Market Booming Trends and Forecast Assessment for the Period 2017-2
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