The Automotive Fuel Delivery System has become a vital component of the automotive industry, transferring fuel from the tank to the combustion chamber of the cylinder head. Automotive fuel delivery systems include pressure regulators, storage tanks, throttle position sensors, engine control units (ECUs), fuel injectors and fuel pumps. Fuel delivery systems are used for all types of cars, regardless of the nature of the fuel used, including compressed natural gas (CNG) or gasoline.
The APAC Automotive Fuel Delivery System Market is expected to reach USD 9.5 billion by 2025, growing at a CAGR of around 5.8%.
Recent Developments and Trends
DENSO Corporation needs to increase its participation in Renesas Electronics Corporation to accelerate the development of various vehicle systems.
Toyoda Gosei Co. Ltd. has established a new factory in Japan for the production of high-pressure hydrogen tanks for fuel cell vehicles (FCV).
Sales of Automotive Fuel Delivery System in 2018 were more than 2.6 million units, an increase of 3.9% compared to 2017. Heavy Automotive Fuel Delivery System occupied the rest.
In December 2018, Tata Motors announced the Automotive Fuel Delivery System launch of four new models to expand the range of LPT 912, LPK 912, LPK 1212 and LPT1412 of BPT LPT: medium and light vehicles (I and LCV).
According to Eurostat, more than 75% of the EU's internal cargo traffic, or about 175 billion metric tons-km, are road trips. In some European countries, this percentage is higher than 90%.
The APAC Automotive Fuel Delivery System Market is expected to reach USD 9.5 billion in 2025, with an average growth rate of around 5.80%.
Due to technological advances, key points such as improving the efficiency of fuel supply systems are accelerating market growth due to the increase in sales of automobile fuel vehicles.
Drivers and Restraints
There are quite a few HNWI (high net worth individuals) in Asia that drive the sale and production of high-performance vehicles in the area. This scenario is likely to increase the demand for advanced automotive fuel supply systems in the future. Several high-performance car manufacturers have launched additional vehicle models in China and India to expand their market share.
High-performance vehicles are equipped with a transmission specifically designed to maintain robustness and ultrafast balance, as well as a competent system with an advanced fuel delivery system that can produce maximum power and deliver it to the wheels in less weather. As a result, the increase in sales of high-performance cars will drive the growth of the fuel supply system market during the forecast period. The development of piezo injectors is one of the main trends that are expected to become popular in the market. This injector provides faster speeds than solenoid injectors and requires a minimum current to operate relatively.
However, growing demand from the automotive industry for the spread of electric vehicles is presumed to hamper the market growth.
The APAC Automotive Fuel Delivery System Market can be broken down by vehicle type, fuel type, component and region.
By Vehicle Type:
Based on the vehicle type, the APAC automotive fuel delivery market is divided into commercial vehicles and passenger vehicles. The commercial vehicles segment registered a notable share in the review period due to the increase in trade activities across APAC. Nevertheless, the growing demand for passenger cars will also fuel this market demand in the forecast period.
By Fuel Type:
Based on the fuel type, the APAC automotive fuel delivery system market is segmented as diesel, gasoline, LPG/CNG, and others. Among these, the Liquid Petroleum Gas (LPG)/ Compressed Natural Gas (CNG) segment holds the most leading share in the regional market, attributing to its fewer prices, more fuel efficiency, and the availability across the area. The increase in the demand for LPG with the rise in sales also accelerates the enlargement in this segment.
On the basis of component, the APAC market is divided into fuel pumps, fuel injectors, storage tanks, engine control unit, pressure regulators, throttle position sensor and others. Of these, fuel pumps and fuel injectors contributed the significant portion to the overall revenue, which is supposed to continue forward in the foreseen years.
By region, the APAC market is divided into China, India, Japan, Australia and New Zealand. APAC dominates the business as the demand for light cars and heavy equipment in developing countries such as India and China increase. Asia-Pacific is the largest region in the world market for automobile fuel supply systems as demand for those increases. Despite the slowdown in growth in the Chinese market, the world's largest automotive market, the region is expected to lead the automotive fuel distribution system business in future. Besides, the growing demand for cars in the area is driving APAC Automotive Fuel Delivery System Market.
Key players in the APAC Automotive Fuel Delivery System Market include Denso Corporation, Toyda Gosie, Keihin Corporation, Robert Bosch, Delphi Automotive PLC, Magna International and Magneti Marelli.
The research done takes place in two phases namely-
Secondary Research The first phase of the research process is an extensive secondary research and identification of the related intelligence. Secondary data is compiled from various sources. An extensive secondary research helps in generating hypothesis and identifying critical areas of interest that are investigated through primary research.
Primary Research This entails conducting hundreds of primary interviews with industry participants and commentators in order to validate the data points obtained from secondary research and to fill the data gaps. A primary interview provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc. It also helps in deciding the scope and deliverables of the study in terms of the requirement of the market. Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Automotive Fuel Delivery System Market , By Vehicle Type
6.1.1 Passenger Vehicles
6.1.2 Commercial Vehicles
6.1.3 Market Size Estimations & Forecasts (2019-2024)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Automotive Fuel Delivery System Market , By Fuel Type
6.2.4 Market Size Estimations & Forecasts (2019-2024)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Automotive Fuel Delivery System Market , By Component
6.3.1 Fuel Pumps
6.3.2 Storage Tanks
6.3.3 Engine Control Unit (ECU)
6.3.4 Fuel Injectors
6.3.5 Pressure Regulators
6.3.6 Throttle Position Sensor
6.3.7 Market Size Estimations & Forecasts (2019-2024)
6.3.8 Y-o-Y Growth Rate Analysis
6.3.9 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.2 By Vehicle Type
7.2.3 By Fuel Type
7.2.4 By Component
7.3.1 By Country
188.8.131.52 Rest of Europe
7.3.2 By Vehicle Type
7.3.3 By Fuel Type
7.3.4 By Component
7.4 Asia Pacific
7.4.1 By Country
184.108.40.206 South Korea
220.127.116.11 South East Asia
18.104.22.168 Australia & NZ
22.214.171.124 Rest of Asia-Pacific
7.4.2 By Vehicle Type
7.4.3 By Fuel Type
7.4.4 By Component
7.5 Latin America
7.5.1 By Country
126.96.36.199 Rest of Latin America
7.5.2 By Vehicle Type
7.5.3 By Fuel Type
7.5.4 By Component
7.6 Middle East and Africa
7.6.1 By Country
188.8.131.52 Middle East
7.6.2 By Vehicle Type
7.6.3 By Fuel Type
7.6.4 By Component
8. Key Player Analysis
8.1 Denso Corporation
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Robert Bosch GmbH
8.3 Delphi Automotive Plc
8.4 Magna International
8.5 Magnetti Marelli
8.6 Continental AG
8.7 Keihin Corporation
8.8 Toyda Goise
8.9 Landi Renzo S.p.A
8.10 Standard Motor Products
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures