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Global Fuel Delivery System IndustryIndustry Updates
October 2019: Emirates National Oil Company has recently launched an app-based on-demand fuel delivery service, ENOC Link to rival the Cafu app. Thirty trucks with capacity of 800 to 5000 litres will be working with fleets and businesses in order to refuel in industrial areas.
A fuel delivery system can be referred to as a component in any automobile, which can transfer fuel from tank to combustion chamber in the cylinder head. The system comprises several integral parts like sensors and fuel pumps, air intake and mixing, and help in fuel supply. Ongoing technology in the field of fuel delivery system has further encouraged the market growth globally. Robust rate of production, surging demand for automobiles, and its application are likely to propel the market growth in the predicted timeframe.
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Increasing funding by the government towards fuel delivery system and upsurge in the demand for fuel efficient vehicles are likely to motivate the market growth in the foreseeable future. Rising proliferation of natural gas in the passenger as well as commercial automobiles will impact the market growth positively.
On the contrary, increasing demand for electric vehicles, stringent mandates by the government, and volatility in the prices of raw materials are most likely to restrain the worldwide market growth. Despite such constraints, the rising production and sales of vehicles, especially in developing nations, coupled with the advent of fuel types like biofuels, CNG, and hybrid vehicles are predicted to create growth opportunities for the market in the estimated timeframe.
Segmental Analysis
The fuel delivery system market has been segmented on the basis of type, technology, component, and vehicle type.
By components, the market is segmented into storage tank, pressure regulators, engine control unit, throttle position sensor, fuel pumps, and fuel injectors.
Based on type, the market is segregated into port or multi-point fuel injection, single-point or throttle body injection, and sequential fuel injection.
The technology segment constitutes of electronic fuel injection (EFI), multi point fuel injection (MPFI), and gasoline direct injection (GDI).
The vehicle type of the market comprises two wheeler, passenger cars, light commercial vehicle, and heavy commercial vehicle.
Regional Insights
Geographically, the fuel delivery system market has been studied under regions namely, Europe, Asia Pacific, North America, and the Rest of the World (RoW).
Considering the regional landscapes, the Asia Pacific is likely to command the largest market share and the regional growth can be accredited to the augmenting vehicle production along with its demand, improved mileage and lower emission, and enhanced throttle response. The improved standard of living and enhancing economy in nations like India and China have further led to improved sales of automotive. The demand for two and four wheelers in the region has increased at a rapid pace, which has further contributed to the regional market’s growth.
Europe is predicted to acquire substantial market share, mainly due to the strict mandates towards emissions and the recent boom in the automobile sector. Moreover, countries like Spain, Germany, the U.K., and Italy are considered major contributors to the regional market growth.
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