USD 1.4.52 billion
Report ID: SQSG10B2002 | Region: Global | Published Date: December, 2022 | Pages: 165 | Tables: 62 | Figures: 65
Fuel Delivery System Market size was valued at USD 1.4.52 billion in 2021, and it is expected to reach a value of USD 5.77 billion by 2028, at a CAGR of more than 3.82% over the forecast period (2022–2028).
The set of components required to transport fuel to and from the engine constitutes the fuel system in an automobile. A fuel delivery system is made up of several crucial parts that are crucial to the efficient delivery of fuel. The fuel tank, gasoline lines, fuel pump, fuel filters, and distribution device are the major components of a fuel system. Motor downsizing and component weight reduction have made numerous advancements in fuel delivery systems. The air and fuel are mixed, atomized, and evaporated in the engine intake system. It is then compacted and burned in the combustor to generate power.
An increase in the purchases of passenger and commercial vehicles, growing adoption of automobiles using alternative fuels, and most significantly, growing preference for fuel delivery systems are the key drivers for the fuel delivery system market.
US Fuel Delivery System Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 1.4.52 billion
more than 3.82% CAGR
To get more reports on the above market click here to Buy The Report
The global fuel delivery system market segmentation is based on vehicle type, fuel type, and region. Based on components, the Fuel Delivery System Market is segmented into passenger cars and commercial vehicles. Based on fuel type the Fuel Delivery System Market is segmented into gasoline, diesel, and alternate fuels. Based on region the global fuel delivery system market is segmented into North America, Europe, Asia-Pacific, Latin America, and MEA.
Fuel Delivery System Market Analysis by Vehicle Type
In 2021, the fuel delivery system market for passenger cars currently accounts for the largest market share, and this trend is expected to continue over the next few years. Global demand for personal vehicles is rising as a result of increased urbanization, industrial sector expansion, an upgrade in people’s standard of living, and an increase in people's purchasing power especially in developing economies.
Fuel Delivery System Market Analysis by Fuel Type
In 2021, diesel fuel holds the largest share in the global fuel delivery system market. During the projected time frame, diesel fuel types are expected to see the fastest growth in the automotive fuel injection system market. Due to diesel engines' excellent fuel economy, reduced greenhouse gas emissions when compared to gasoline engines, and subsidies for diesel oil in emerging economies, this is the case. However, because of their improved efficiency and reduced emissions, alternative fuels like hydrogen gas and compressed natural gas (CNG) are seeing an increase in demand in the forthcoming years.
To get detailed analysis on other segments, Request For Sample Report
In 2021, the Asia Pacific region generates a sizable amount of income and is predicted to dominate the fuel delivery system market due to rising automobile production in important economies like China and India.
The automobile fuel delivery system market will see the biggest chances for growth over the coming years in North America. In the market for vehicle gasoline delivery systems in North America, the US is a crucial nation. The growth of the North American automobile fuel delivery system market will be fueled by the expansion of auto racing activities over the course of the estimate. In North America and Europe, demand for Compressed natural gas vehicles is expected to increase significantly.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Fuel Delivery System Market Driver
Outcome-oriented automobiles reach their top speeds quickly and have a drivetrain that is specially made. As a result, a surge in the sales of high-performance vehicles is expected to fuel the technical advancement of the worldwide automotive fuel delivery system market.
This burgeoning industry benefits greatly from the infrastructure development in many countries. Rapid construction of top-notch vehicle manufacturing facilities is underway. The country's investment in fuel delivery systems is increasing due to the rise of vehicle manufacturing plants.
Fuel Delivery System Market Restraint
To decrease the need for petroleum imports and lessen carbon emissions, regulatory agencies are aggressively encouraging the adoption of Electric vehicles. Compared to cars with combustion engines, these automobiles are less expensive to operate and maintain. Internal combustion engine car sales would suffer as a result, and the manufacture of related automobile parts like fuel distribution systems will be constrained.
Speak to one of our ABIRAW analyst for your custom requirements before the purchase of this report
In order to keep up with the competition, market participants are making a significant contribution to market growth by using a variety of tactics, such as mergers and acquisitions, partnerships, investment, and the introduction of new products. Additionally, there are newcomers entering the market. For instance, in June 2021 Rush Enterprises sold 50% of momentum fuel technology to Cummins. A partnership between Rush Enterprises and Cummins has been established to provide natural gas fuel delivery systems under the Cummins brand for the North American commercial vehicle segment.
Fuel Delivery System Market Top Players Company Profiles
Fuel Delivery System Market Recent Development
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, passenger cars dominated the global fuel delivery system market in 2021 and are expected to maintain their dominance throughout the forecast period. In 2021, diesel fuel held the largest share in the global fuel delivery system market. In 2021, Asia-Pacific dominated the global fuel delivery system market and is expected to lead over the forecast period.
|Market size value in 2021||USD 1.4.52 billion|
|Market size value in 2028||USD 5.77 billion|
|Growth Rate||more than 3.82%|
|Forecast Unit (Value)||USD Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
Free report customization with purchase. Customization includes:-
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Fuel Delivery System Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Fuel Delivery System Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Fuel Delivery System Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Fuel Delivery System Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "
- Mr. Ali Zali, Commercial Director, ICIIC Iran.