Fuel Injection Systems Global Market Is Expected To Grow At A Rate Of More Than 11% Through 2023 – 2027
20 Jun, 2023
The global fuel injection systems market size is expected to grow from $72.12 billion in 2022 to $81.52 billion in 2023 at a compound annual growth rate (CAGR) of 13.03%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The global fuel injection systems market size is expected to reach $124.96 billion in 2027 at a CAGR of 11.27%.
Global Fuel Injection Systems Market Key Driver
Increased vehicle production is projected to drive the growth of the fuel injection systems market in the future. A vehicle is any form of transportation or conveyance in which someone moves or something is carried or conveyed. gasoline injectors are used to inject gasoline into engine cylinders while precisely controlling injection time and fuel atomization and delivering it directly into the combustion chamber at the precise time.
Get a sample of the global fuel injection systems market reportGlobal Fuel Injection Systems Market Segments
The global fuel injection systems market is segmented:
1) By Components: Electronic Control Unit, Fuel Injectors, Pressure Regulators, Sensors, Fuel Pumps
2) By Vehicle Type: Two-Wheelers, Passenger Vehicle, Heavy Vehicles, Other Vehicle Types
3) By Engine Type: Gasoline, Petrol Engine, Diesel Engines, Other Engine Types
4) By Technology: Direct, Multi-Point
5) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
6) By Geography: The regions covered in the fuel injection systems market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, Asia-Pacific accounts for the largest share in the global fuel injection systems market.
Major Fuel Injection Systems Industry Players
Magneti Marelli S.p.A, Delphi Technologies, Keihin North America Inc, Denso Corporation, Robert Bosch GmbH, Ucal Fuel systems Ltd, Mikuni Corporation, Carter Fuel Systems LLC, NGK Spark Plug Co Ltd, Infenion Technologies AG, Edelbrock LLC, Hitachi Automotive Systems Ltd, Napino Auto And Electronics Ltd, Winterthur Diesel And Gas Ltd, dynaCERT Inc.
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Fuel Injection Systems Market Overview
A fuel injection system refers to a mechatronic circuit consisting of mechanical and electronic circuits that are used to inject fuel into the engine cylinders while accurately adjusting injection time, fuel atomization, and other characteristics.
Fuel Injection Systems Global Market Report 2023 provides data on the global fuel injection systems market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The fuel injection systems market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.