Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1622.27 Million | USD 2859.37 Million | 6.5% | 2023 |
According to the report published by Zion Market Research, the global Automotive Fuel Delivery System Market size was valued at USD 1622.27 Million in 2023 and is predicted to reach USD 2859.37 Million by the end of 2032. The market is expected to grow with a CAGR of 6.5% during the forecast period. The report analyzes the global Automotive Fuel Delivery System Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Automotive Fuel Delivery Systemt industry.
The fuel delivery system has become a key component in automobile industries, which transfer fuel from tank to the combustion chamber in the cylinder head. The automobile fuel delivery system comprises pressure regulators, storage tank, throttle position sensor, engine control unit (ECU), fuel injectors, and fuel pumps. Growing demand for automotive fuel delivery system drives the global market. However, increasing demand for automobiles results in the increasing sales of automotive fuel delivery system. Fuel delivery systems are used in all types of automobiles irrespective of the type of fuel used including compressed natural gas (CNG) or petrol.
Escalating demand for automotive fuel delivery system across the globe is anticipated to foster the global market growth in the future. It helps to generate global revenue and economic status of the country. Growth in the global market is mainly due to increased sales in automobiles such as passenger cars, two-wheelers, heavy commercial vehicle, and light commercial vehicle. Additionally, demand for CNG & LNG is growing in the automotive industries, which is expected to fuel the global automotive fuel delivery system market growth. Moreover, increasing penetration of natural gas in the commercial and passenger automobiles is positively impacting the global market growth.
The global automotive fuel delivery system market is classified based on components, fuel used, and geography.
The components segment includes throttle position sensor, storage tank, fuel pumps, engine control unit, fuel injectors, and pressure regulators.
The fuel segment consists of diesel, gasoline, LNG, and CNG or LPG. Of these, CNG or LPG is the leading segment in the global market. Moreover, the geography segment is classified as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Report Attributes | Report Details |
---|---|
Report Name | Automotive Fuel Delivery System Market |
Market Size in 2023 | USD 1622.27 Million |
Market Forecast in 2032 | USD 2859.37 Million |
Growth Rate | CAGR of 6.5% |
Number of Pages | 215 |
Key Companies Covered | Toyda Gosie, Denso Corporation, Keihin Corporation, Delphi Automotive PLC, Robert Bosch, Magna International, and Magneti Marelli. Other players include Magneti Marelli, Denso Corporation, TI Automotive, Continental AG, Landirenzo, Delphi Automotive Plc., Robert Bosch GmbH, and Continental AG |
Segments Covered | By components, By fuel used and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia-Pacific is the largest region in the global automotive fuel delivery system market owing to rising demand for automotive fuel delivery system. In addition, increased demand for automobiles in this region also fosters the global market growth. North America is the second largest market across the world owing to the need for new and advanced vehicles. However, Europe is considered as a mature market, and however, shows a sluggish growth as compare to others. Moreover, increasing financial status and rising population are projected to propel the global market growth. Consumer inclination towards light vehicles also impacts the global automotive fuel delivery system market in a positive way. Sale of the passenger and commercial vehicles in the emerging economies such as India and China is anticipated to grow in the next few years.
Major players in the global automotive fuel delivery system market include:
The Global Automotive Fuel Delivery System Market is segmented as follows:
By components
By fuel used
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed