Market Industry Reports (MIR) has published a new report titled “Automotive Fuel Injection Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global Automotive Fuel Injection Systems market is estimated to be over US$ 70.14 Bn in 2018. It is anticipated to grow at a substantial CAGR from 2019 to 2030.
The significant market growth can be attributed to benefits provided by fuel injection systems such as maintaining linear power at all speeds and maximum fuel efficiency & power production. Moreover, stringent government regulations for lower emissions are also driving the market growth. In April 2019, EU directed heavy truck Original Equipment Manufacturers (OEMs) to provide a 15% reduction in average CO2 emissions per truck by 2025 and 30% reduction by 2030, keeping 2019 as a baseline. In line with the changing scenario, the Westport HPDI 2.0 system reduced tank-to-wheel CO2 emissions in heavy-duty commercial vehicles through the use of high-pressure natural gas.
Major Key Players of the Automotive Fuel Injection Systems Market are:
Continental AG, Delphi Technologies, DENSO CORPORATION, Robert Bosch GmbH, Infineon Technologies AG, Carter Fuel Systems, Hitachi Automotive Systems, Magneti Marelli S.p.A., TI Fluid Systems and Woodward, Inc., among others.
Continental AG, Delphi Technologies, DENSO CORPORATION, Robert Bosch GmbH, Infineon Technologies AG, Carter Fuel Systems, Hitachi Automotive Systems, Magneti Marelli S.p.A., TI Fluid Systems and Woodward, Inc., among others.
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