Automotive Fuel Injection Pump Market Research Report - Global Forecast to 2023
Market Research Future published a half cooked research report on global automotive fuel injection pump market. The automotive fuel injection pump market is expected to grow at ~7.14% CAGR during the period 2017 to 2023.
Market Highlights:
The global automotive fuel injection pump market is constantly evolving, and is expected to witness significant growth over the forecast period. Automotive fuel injection pump is one of the most crucial vehicle parts that have gaining a lot of attention among the major vehicle manufacturers. Automotive industry has become one of the major revenue generating industries, and has come up with several technological advancements in the last few years, automotive fuel injection pumps being one of them. The global automotive fuel injection pump market has seen remarkable growth in the global market and it has been observed that, its demand in the future is expected to grow with the CAGR of ~7.14%.
Automotive fuel injection pumps perform an integral function within engines and enhance their efficiency and enable a smooth run of vehicle. The global automotive fuel injection pump market is mainly influenced by certain growing factors. Some of them are low emission & higher fuel efficiency, increasing sales of new vehicles, strict government regulations on reducing vehicles emission, technological advancements and emerging economies. A major hindrance could be the rising penetration of electric vehicles. Furthermore, the growing demand for gasoline engine vehicles and increasing disposable income, create major market opportunities.
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Market Research Analysis:
Region wise, the global automotive fuel injection pump market has been divided into the major regions of North America, Europe, Asia Pacific and Rest of the World. Among these regions, Asia Pacific region has dominated the global market due the driving factors such as strict regulation on vehicle emission, rising disposable income and growing new vehicle registration. During the last few years, APAC has sold the highest number of vehicles, where countries such as China, Japan and Indonesia, contribute majorly. Moreover, the growing demand for passenger vehicles has become a major driving factor for APAC region. North America is the second leading region, in terms of revenue. Whereas, Europe holds the third leading region.
Scope of the Report:
This study provides an overview of the global automotive fuel injection pump market, tracking three market segments across four geographic regions. The report studies key players, providing a six year annual trend analysis that highlights market size and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive fuel injection pump market by engine type, by pressure, by type, by vehicle type and by regions.
Key Players:
The prominent players in the automotive fuel injection pump market include Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive (UK), Robert Bosch (Germany), Hitachi Ltd (Japan), Infineon Technologies (Germany), Schaeffler Group (Germany), Johnson Electric (Hong Kong), Mitsubishi Electric (Japan), Valeo (France), MAHLE GmbH (Germany), and Cummins, Inc (U.S.).
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Browse more news:
https://www.marketwatch.com/press-release/automotive-fuel-injection-pump-market-2019-size-trends-share-growth-competitive-landscape-regional-analysis-with-global-industry-forecast-to-2023---05-aug-2019-2019-08-05