Automotive Fuel Delivery System Market Forecasts to 2028 – Global Analysis By Vehicle Type (Passenger Vehicles, Heavy commercial vehicles and Other Vehicle Types), Fuel Type (Gasoline, Diesel and Alternate Fuel), Injector Type (Direct Fuel Injector, Throttle Body Fuel Injector and Other Injector Types) and Geography
According to Stratistics MRC, the Global Automotive Fuel Delivery System Market is accounted for $212.43 billion in 2022 and is expected to reach $315.23 billion by 2028 growing at a CAGR of 6.8% during the forecast period. The global market for automotive fuel delivery systems is anticipated to see increased market revenues due to the increasing demand for automobiles. The fuel delivery system is a crucial component of a car since it moves fuel from the tank to the cylinder head's combustion chamber. The gasoline delivery system for a car consists of a storage tank, an engine control unit (ECU), pressure regulators, fuel pumps, fuel injectors, and a throttle position sensor. The need for automobiles directly affects the market for automotive fuel delivery systems, as increased automobile demand propels sales of these systems. Despite the fact that fuel delivery systems are utilised in all sorts of cars, whether they run on compressed natural gas (CNG) or gasoline, little changes to the fuel delivery systems.
According to Scotia bank, global car sales increased to roughly 66.7 million vehicles in 2021, up from around 63.8 million units in 2020.
Market Dynamics:
Driver:
Increasing demand of high-performance cars
One of the main factors boosting the growth of the automotive fuel delivery system market is the rising sales of high-performance automobiles and supercars. A performance-oriented vehicle aims to reach its top speeds in the shortest amount of time. A high-performance car will have a specially made drive train that can retain rigidity, balance at high speeds, and a capable powertrain system with an innovative fuel delivery system that can develop and transfer the most horsepower to the wheels in the shortest period of time. As a result, a surge in the sales of high-performance vehicles is anticipated to fuel the technical advancement of the worldwide automotive fuel delivery system market.
Restraint:
High market scope for EVs is hindering the market growth
The market growth for vehicle fuel delivery systems is being hampered by the large market potential for EVs. Governments are aggressively encouraging the use of EVs to cut back on the need for imported oil and lower air pollution. They cost less to operate and maintain than cars with internal combustion engines. These vehicles don't need pricey motors, radiators, fuel injection systems, or exhaust systems. This lowers the expense of fixing malfunctioning equipment in vehicles. Within cost-sensitive automobile industries, the cost advantages of using EVs will make them a far more economically viable choice. Internal combustion engine car sales would suffer as a result, and manufacture of related automobile parts like fuel distribution systems will be constrained.
Opportunity:
Development of HCCI system engines
The element contributing to the growth of the automotive fuel delivery system market is the introduction of HCCI (Homogeneous Charge Compression Ignition) system engines. The development of a new internal combustion engine for gasoline engines is being encouraged by the tightening of environmental rules and rising consumer demand for fuel efficiency. An outdated type of internal combustion engine called an HCCI system was created by General Motors to do away with spark plugs. Nissan is currently making progress with their HCCI system engine development. The business has created the technology to continuously monitor the temperature of the gases inside the combustion chamber.
Threat:
High cost of production and maintenance
The expense of the system is a major barrier to the market for fuel delivery systems. The cost increases with how effective and smart the gasoline distribution system is. In addition, several nations' supporting governmental policies around the world also contribute to reducing the expansion. The market for automotive fuel delivery system is being negatively impacted by the growing interest in, demand for, and sales of electric vehicles. Market expansion is, however, constrained by restrictions including the inability to utilise leaded gasoline, shortened service life, and the possibility of vapour lock in steel fuel lines above the engine. Additionally, a barrier to the market expansion of vehicle fuel injection systems is the high cost of production and maintenance. Despite all of these negatives, the advantages and applications of automotive fuel injection systems are anticipated to encourage further usage and support market expansion over the projection period.
Covid-19 Impact
The COVID-19 pandemic outbreak in the area in 2020 hampered the growth rate of the automobile sector, which had a detrimental effect on the market under consideration. However, most of the nations in the area have removed lockdowns, and governments have begun supplying car gasoline systems. As a result, during the duration of the forecast, the North American market will expand.
The light commercial vehicles segment is expected to be the largest during the forecast period
The light commercial vehicles segment is estimated to have a lucrative growth, due to favourable socioeconomic, environmental, and political factors, sales of electric cars (EVs) are still increasing, and it is anticipated that they will continue to increase during the projected years. The commercial vehicles sector of the automotive fuel delivery system currently holds the largest revenue share in the global market for automotive fuel delivery systems. The sales and production of electric vehicles are projected to enjoy tremendous growth as the majority of industrialised and growing nations work to achieve zero emission rules by completely banning fossil fuel vehicles from the roads.
The throttle body segment is expected to have the highest CAGR during the forecast period
The throttle body segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the dominance of throttle body injectors in the market for automotive fuel delivery and injection systems. The throttle body Injector provides great engine performance with good efficiency due to its simple design and low installation and maintenance costs. The throttle body, which is effectively a high-tech carburettor, has a fuel pressure regulator and one or two fuel injector nozzles. From the single-point fuel injector, the more straightforward multipoint system is a next step.
Region with highest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the rising demand for affordable and low-emission vehicles. The market for automobile fuel cells in Asia and Oceania is currently dominated by South Korea, China, and Japan. China is focusing its efforts on FCEV trucks and buses. South Korean OEMs like Hyundai and Japanese OEMs like Toyota are boosting their investments in expanding their production capacities.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period. In North America, the US plays a significant role in the market for vehicle gasoline delivery systems. The growth of the automobile fuel delivery system market in North America during the forecast period will be driven by the expansion of auto racing events. The region with the fastest worldwide growth is North America. The expansion of the logistics industry and the rising use of light commercial vehicles like vans are driving increasing demand for commercial vehicles, which will have an impact on regional growth. The automobile fuel delivery system market will see the biggest chances for growth during the forecast period in North America. In the market for vehicle gasoline delivery systems in North America, the United States is a crucial nation.
Key players in the market
Some of the key players profiled in the Automotive Fuel Delivery System Market include Robert Bosch GmbH, Plastic Omnium, YAPP Automotive Systems Co., Ltd, Denso Corporation, Continental AG, TI Automotive, Federal-Mogul Corporation, Delphi Technologies PLC, Hitachi Automotive Systems Ltd, Woodward, Inc, Edelbrock LLC, Kinsler Fuel Injection, Cummins Inc., BorgWarner Inc., Continental AG, Landi Renzo Spa, Magna International Inc., Marelli Holdings Co. Ltd., Toyoda Gosei Co. Ltd. and Repos Energy.
Key Developments:
In March 2022, Repos Energy and Mahindra’s Truck and Bus Division (MTB), a part of the Mahindra Group, partnered to cater to doorstep fuel delivery demand through ready-made fuel Bowser trucks or Repos mobile gasoline pumps. The delivery demand would be fulfilled through the Furio trucks. These fully-built fuel bowsers are available on light and intermediate commercial vehicles.
In February 2022, Cummins Inc. and Werner Enterprises, a premier transportation and logistics provider, announced the validation and integration of Cummins’ recently announced 15-liter natural gas and 15-liter hydrogen internal combustion engines in Werner’s vehicles. Cummins will begin integrating these new powertrains in Werner trucks in the second half of 2022, starting with the 15-liter natural gas product. The 15-liter natural gas engine announced in October of 2021 can be paired with a Cummins Eaton Automated Transmission Technologies Endurant HD Transmission and Cummins Fuel Delivery System.
In January 2022, Denso Corporation (Denso) and Aisan Industry Co., Ltd. (Aisan Industry) announced on January 17 that they have signed a fuel pump module business transfer agreement. Denso manufactures fuel pump modules at its 4 plants in Japan and 7 plants outside Japan. Denso will transfer these production facilities, intellectual property, as well as management assets relating to the development and sales of fuel pump modules, to Aisan Industry one by one.
Vehicle Types Covered:
• Passenger Vehicles
• Heavy commercial vehicles
• Light Commercial Vehicles
• Hybrid Vehicles
• Off-Road Vehicles
• Other Vehicle Types
Fuel Types Covered:
• Gasoline
• Diesel
• Alternate Fuel
Injector Types Covered:
• Direct Fuel Injector
• Throttle Body Fuel Injector
• Sequential Fuel Injector
• Port Fuel Injector
• Other Injector Types
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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