Automotive fuel injection pump is used to introduce fuel into automobile internal combustion engines. Various factors that affect the selection and design of the automotive fuel injection pump are tailpipe emissions according to government mandates, fuel type, fuel efficiency, engine size and required power. The automotive fuel injection pump manages timing from the point where fuel is injected, ignited, and burned when maximum combustion pressure is reached. The aim of this injection pump is to provide fuel to the engine cylinders, at the same time, controlling the fuel atomization, injection timing, and other aspects.
The automotive fuel injection pump is one of the most important auto parts that has caught the attention of major car manufacturers. The automotive industry has become one of the top revenue generating industries and has made various technological advancements in engine components in recent years, with automotive fuel injection pumps being one of them. The global automotive fuel injection pump market has seen remarkable growth and its demand is observed to grow at a CAGR of around 7.14% during the forecast period of 2021 to 2026.
Recent Developments:
Leading companies in the automotive pumps industry, such as Bosch, Continental and others, have temporarily suspended their operations because of the declined demand, supply chain disruption and to ensure the safety of their employees in different nations during the coronavirus transmission. As a result, demand for automotive pumps is expected to decline in 2020. Manufacturers are likely to adjust production to avoid bottlenecks and plan production based on demand from OEMs and Tier 1 manufacturers. Since the resumption of vehicle production is unlikely in the immediate future due to the severity of the pandemic, especially in the US and major European countries. For example, Rheinmetall faced a decline in sales in the first quarter of 2020 due to the COVID-19 crisis of 13%. The shutdown of production due to the lockdown was the main driver of the decline, although the resumption of production plants in China and the United States is expected to recoup losses in the coming months.
Drivers and Restraints of Automotive Fuel Injection Pump Market:
Drivers:
The main driver of the global automotive fuel injection pump market includes rapid population growth, which has led to increased demand for premium and non-premium vehicles in all major developing economies. Macroeconomic factors, such as urbanization and increased industrial activities, coupled with an increase in lifestyle and an increase in demand for luxury and comfort in vehicles in many countries, are further increasing the sales of pumps for fuel injection in cars. A significant increase in vehicle sales, due to improved fuel efficiency and poor emission control, is expected to drive the global automotive fuel injection pump market. Furthermore, the considerable growth of the Asian and European automotive sector and the technological advancement in traditional injection pumps will create a significant opportunity for the global automotive fuel injection pump market. Also, the increased use of ethanol in the automotive industry is supposed to stimulate demand for automotive fuel injection pumps.
Restraints:
The key restraining factors such as the increasing penetration of electric vehicles could hamper the growth of the global automotive fuel injection pump market during the outlook period.
By Application
• Direct Injection System
• Multipoint Fuel Injection System
By Vehicle Type
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
Among these vehicle types, commercial vehicles are estimated to experience rapid market growth over the conjecture period, attributed to increased vehicle production as well as growing need for these vehicles.
By Pressure
• Low-Pressure Pump
• High-Pressure Pump
By Type
• Common Rail Fuel Injection Pump
• Rotary Distributor Fuel Injection Pump
The common rail fuel injection pump is estimated to account for a significant market share during the forecast period. The main advantages associated with the common rail fuel injection pump increase the demand for better vehicle performance and constant pressure throughout, regardless of engine speed and load conditions.
Automotive Fuel Injection Pump Market Region wise analysis:
Marked Segmentation based on the region:
a. Middle East
b. Africa
Among these regions, the Asia-Pacific has dominated the global market due to drivers such as strict regulations on vehicle emissions, increased disposable income, and growth in new vehicle registrations. In recent years, APAC has sold the largest number of vehicles, where countries such as China, Japan and Indonesia are making significant contributions. Furthermore, the growing demand for passenger vehicles has become a determining factor for the APAC region. North America is the second leading region in terms of turnover. Europe occupies the third position in the lead.
Key Players of Market:
The key players in the global automotive fuel injection pump market are Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive (UK), Robert Bosch (Germany), Hitachi Ltd (Japan), Infineon Technologies (Germany), Schaeffler Group (Germany), Johnson Electric (Hong Kong), Mitsubishi Electric (Japan), Valeo (France), MAHLE GmbH (Germany), and Cummins, Inc (U.S.).
1. Introduction
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
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
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
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Automotive Fuel Injection Pump Market, By Type
6.1.1 Common Rail Fuel Injection Pump
6.1.2 Rotary Distributor Fuel Injection Pump
6.1.3 Market Size Estimations & Forecasts (2021-2026)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Automotive Fuel Injection Pump Market, By Application
6.2.1 Direct Injection System
6.2.2 Multipoint Fuel Injection System
6.2.3 Market Size Estimations & Forecasts (2021-2026)
6.2.4 Y-o-Y Growth Rate Analysis
6.2.5 Market Attractiveness Index
6.3 Automotive Fuel Injection Pump Market, By Pressure
6.3.1 Low Pressure Pump
6.3.2 High Pressure Pump
6.3.3 Market Size Estimations & Forecasts (2021-2026)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
6.4 Automotive Fuel Injection Pump Market, By Vehicle Type
6.4.1 Passenger Cars
6.4.2 Light Commercial Vehicles
6.4.3 Heavy Commercial Vehicles
6.4.4 Market Size Estimations & Forecasts (2021-2026)
6.4.5 Y-o-Y Growth Rate Analysis
6.4.6 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
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Type
7.2.3 By Application
7.2.4 By Pressure
7.2.5 By Vehicle Type
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Type
7.3.3 By Application
7.3.4 By Pressure
7.3.5 By Vehicle Type
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Application
7.4.4 By Pressure
7.4.5 By Vehicle Type
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Type
7.5.3 By Application
7.5.4 By Pressure
7.5.5 By Vehicle Type
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Type
7.6.3 By Application
7.6.4 By Pressure
7.6.5 By Vehicle Type
8. Key Player Analysis
8.1 Continental AG
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Denso Corporation
8.3 Delphi Automotive
8.4 Robert Bosch
8.5 Hitachi Ltd
8.6 Infineon Technologies
8.7 Schaeffler Group
8.8 Johnson Electric
8.9 Mitsubishi Electric
8.10 Valeo SA
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
