Fuel Injection System Market

Global Fuel Injection System Market Size (2024 to 2032)

The global fuel injection system market was valued at USD 102.1 billion in 2023 and is anticipated to reach USD 113.51 billion in 2024 from USD 265.01 billion by 2032, growing at a CAGR of 11.18% from 2024 to 2032.

CURRENT SCENARIO OF THE GLOBAL FUEL INJECTION SYSTEM MARKET

The fuel injection system supplies fuel or a mixture of air and fuel to the cylinders through the pressure of a pump.

All diesel-powered motor vehicles must use fuel injection by design due to the higher viscosity of the diesel and the need to overcome the high pressure of the compressed air in the cylinders. Gasoline engines can use a carburetor or fuel injection. Over time, fuel injection has become the primary fuel system for gasoline automobile engines by replacing carburetors. New fuel injection systems power the engines of next-generation commercial vehicles, powering the global automotive industry.

Increased government funding for the development of new fuel injection systems is expected to boost the global market in the coming years. With the increasing need for fuel injection systems, many new companies are entering the market with their products. By adapting to technological changes, startups plan to make new products to meet the growing demand from automakers.

MARKET DRIVERS

The global market for fuel injection systems has seen a tremendous boom in recent years due to growing environmental concerns and regulations regarding carbon emissions. Due to population growth, improved lifestyles, and consequent demand for passenger cars, fuel injection systems are supposed to grow at a rapid rate. Fuel injection systems are vital components of any automotive engine that regulate and monitor the amount of fuel that enters the engine's cylinders in accordance with requirements. Modern fuel injection systems not only regulate fuel flow but also provide additional functions such as multiple injections, pilots, post-injections, and flow modeling (scheduling), which should be of great help in the growth of the market. Various factors such as reliability, the ability to accept alternative fuels, increased efficiency, and throughput are also expected to be imperative factors for the demand for fuel injection systems. Fuel injection engines are also much easier to start, do not require throttling, and also contribute to fuel economy, which can help the global market growth. The development of diesel fuel injection systems has driven demand for diesel passenger cars around the world. Alternative developments supporting fuel injection systems in engines 150cc and under have explored an untapped two-wheeler market. New advancements in fuel injection systems are also expected to drive market growth.

MARKET RESTRAINTS

Some disadvantages, such as high maintenance costs and increased complexity of services, are supposed to hamper the growth of the global market. The increase in unburned hydrocarbons can also lead to higher emission rates that are estimated to negatively impact the market during the outlook period.

Impact Of COVID-19 On The Fuel Injection System Market

The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the coronavirus is varied. While some industries will see lower demand, many others will remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the global automotive fuel injectors market. The market growth in 2020 is likely to increase compared to the market growth in 2019.

REPORT COVERAGE:

SEGMENTAL ANALYSIS

Global Fuel Injection System Market By Vehicle Type

The highest growth was registered in the passenger car segment due to the increase in per capita income and the demand for personal transportation.

Global Fuel Injection System Market By Injection Type

The gasoline direct injection system will continue to gain acceptance in the world market for automotive fuel injection systems. The direct gasoline injection system continually replaces the traditional gasoline injection system. The diesel injection systems market is supposed to experience sustainable growth over the forecast period, driven by the European region.

REGIONAL ANALYSIS

The Asia-Pacific region was the main market for fuel injection systems in the previous years and will continue to be the main consumer for the next five years. China and India are emerging markets for the auto industry due to increased personal disposable income. Increasing demand for Chinese-made vehicles is expected to drive demand for fuel injection systems. However, India is expected to be one of the promising markets for vehicles in the world. The increasing need for vehicles will have a direct impact on the demand for fuel injection systems. The European market was the second-largest consumer of fuel injection systems in the review period. European countries such as Germany, Italy, the United Kingdom, and Spain have also experienced strong growth in the fuel injection market due to the presence of multinational automotive original equipment manufacturers (OEMs). The North American market was in third position. North America is expected to be driven by strong demand for passenger cars in Mexico, which can be attributed to higher spending capacity due to economic growth.

KEY PLAYERS IN THE GLOBAL FUEL INJECTION SYSTEM MARKET 

Magneti Marelli S.p.A., Delphi Automotive PLC, Robert Bosch GmbH, Ucal Fuel Systems Ltd., Mikuni Corporation, Keihien Corporation. Some of the market players dominate the global fuel injection system market.

RECENT HAPPENINGS IN THE GLOBAL FUEL INJECTION SYSTEM MARKET 

• New Bosch technology helps diesel vehicles to stay within European limits, even in the future.
• With the rapidly changing landscape of vehicle propulsion, today's vehicle manufacturers are looking for solutions from vendors that are cutting-edge and reduce time and costs. This is one of the reasons why Delphi Technologies Flexible Application Specific Integrated Circuit with Direct Injection (DIFlex ASIC or DIFlex) was selected as the 2020 Automotive News PACE award winner.
• Delphi has an innovation that will go into production within a year that will improve fuel efficiency by increasing fuel pressure as it is injected into engine cylinders from 350 bar to 500 bar, or around 5,000 pounds per square inch at over 7200 psi.
• Taking advantage of the world board of directors of Fiat SpA in Brazil, Magneti Marelli inaugurated a new production line - with an investment of 10 million euros - in its factory in Hortolândia, in the São Paulo countryside, in order to double its production capacity for Pico Eco injectors.

DETAILED SEGMENTATION OF THE GLOBAL FUEL INJECTION SYSTEM MARKET INCLUDED IN THIS REPORT

This research report on the global fuel injection system market is segmented and sub-segmented based on Vehicle Type, Fuel Type, Injection Type, Component Type, And Region.

By Vehicle Type:

• Small Car
• Mid- Size Car
• Large Car
• Light Commercial Vehicle
• Sports Utility Vehicle
• Other Vehicles

By Fuel Type:

• Gasoline
• Diesel

By Injection Type:

• Gasoline Direct Fuel Injection
• Gasoline Port Fuel Injection
• Diesel Injection

By Component Type:

• Engine Control Unit
• Fuel Injector
• Fuel Pressure
• Fuel Pump

By Region

• North America
• Europe
• Asia-pacific
• Middle-East and Africa
• Latin America