Automotive Fuel Injection Pump Market

Market Leader - Automotive Fuel Injection Pump Market

Automotive industry is considered as an important driver of economic growth. It has rapidly increased in terms of value and total share in the overall global GDP. Major automobile manufacturers are focusing on fuel-efficient vehicles with better performance as their business strategy to target the maximum market. The OEMs are now producing the engine components to match up the emission norms without compromising the performance of the engine. So, engine calibration is done after so much research and engine components such as fuel injection pump are tuned to fulfill all the requirements of customers and governments.

The fuel injection pump is a crucial component that delivers the fuel into the cylinder head as per requirement to get optimized performance. A key innovation in the field of automotive fuel injection pump is application of pumps in direct injection system in gasoline engines. Ongoing R&D in the field of direct injection system for gasoline engines has prompted investments by major players as well as various governments. The market for direct injection system is therefore expected to witness growth. The global automotive fuel injection pump market is projected to grow at a CAGR of 7.8% from 2017 to 2025, to reach USD 38.20 Billion by 2025.

Consumers today are more aware of fuel efficiency and better vehicle performance that enhance the driving experience and journey for passengers. The application of direct injection system in gasoline engines helps to produce ultra-lean burn of fuel, which leads to high power output, better fuel efficiency, and controlled emissions level. Owing to these benefits, the application of direct fuel injection system in gasoline engines is increasing rapidly. The automotive suppliers are also developing technologically more advanced fuel injection pump systems. For an instance, the high-pressure pump offered by Denso significantly increases the pressure of fuel injected. These players are increasing the market by supplying the fuel injection pump as per demand of the major OEMs.

The global automotive fuel injection pump market, by type, is segmented into two categories, namely, common rail fuel injection pump and rotary distributor fuel injection pump. The common rail fuel injection pump segment is estimated to grow at the highest CAGR during the forecast period. The growth of common rail fuel injection pump is expected to be driven by increasing vehicles production, need for vehicle performance and constant pressure throughout irrespective to the engine speed & load conditions.

The global automotive fuel injection pump market is segmented into two applications-direct injection system and multipoint fuel injection system. As of 2017, the direct injection system accounts for the largest share of the fuel injection pump market for automotive and is anticipated to dominate the market during the forecast period. In terms of growth, the multipoint fuel injection pump is expected to grow at the highest CAGR due to its technological benefit of producing fewer vibrations and hence, being able to increase the lifespan of the engine.

The automotive fuel injection pump market, by vehicle type, is segmented into passenger car (PC), light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs). The passenger car segment is estimated to hold the largest share of the automotive fuel injection pump market and is anticipated to remain the largest market during the forecast period. In terms of growth, the passenger car segment is estimated to be the fastest growing market for automotive fuel injection pump, followed by LCVs and HCVs. Increasing application of direct injection system and increase in vehicle production are likely to drive the passenger car segment.

The automotive fuel injection pump market, by pressure, is segmented into low-pressure pump and high-pressure pump. The low-pressure pump is estimated to be the fastest growing market of the automotive fuel injection pump due to development of fuel-efficient injection systems for gasoline, such as multipoint fuel injection system which injects the fuel at a pressure of less than 1000 bar.

Related Reports:

Automotive Fuel Injection Pump Market by Type (Common Rail and Rotary Distributor), Application (Direct Injection and Multi Point Fuel Injection), Pressure (Low Pressure and High Pressure), Vehicle (PC, LCV, and HCV), and Region - Global Forecast to 2025

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Automotive Fuel Injection Pump Market Size,  Share & Growth Report
Report Code
AT 5765
RI Published ON
11/29/2017
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