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Vehicle Fuel Delivery System Market Trends

Report ID: GMI11329
Published Date: Sep 2024
Report Format: PDF

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Vehicle Fuel Delivery System Market Trends

Innovations such as direct fuel injection (DFI), high-pressure fuel pumps, and advanced automotive electronic control units have significantly improved engine performance, fuel efficiency, and emissions control. Direct fuel injection technology enhances fuel atomization, leading to better combustion and reduced fuel consumption. Similarly, high-pressure fuel pumps ensure optimal fuel delivery, which is crucial for meeting stringent emission standards and improving overall vehicle efficiency. These technological improvements meet regulatory requirements and cater to the increasing consumer demand for fuel-efficient and environmentally friendly vehicles.

To meet growing market demand major players are launching a new vehicle fuel delivery system. For instance, in December 2023, Marelli launched a fuel system for hydrogen propulsion systems. The fuel system also includes a pressure reducer with an integrated regulator, to reduce hydrogen pressure to the injection’s working pressure, and a specific manifold, tested for the automotive applications. As automotive technology continues to evolve, the demand for advanced fuel delivery systems that can integrate with new powertrains and support alternative fuels will drive market growth.

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of vehicle fuel delivery system reached USD 4.3 billion in 2023 and is set to register over 5% CAGR between 2024 and 2032, led by rising production and sales of vehicles across the world.

The passenger segment held over 65% revenue share in 2023, driven by the increasing integration of advanced driver-assistance systems (ADAS) and onboard diagnostics (OBD) technologies.

Asia Pacific market accounted for 35% revenue share in 2023, propelled by the rapid urbanization and expansion of automotive infrastructure.

Aisin Seiki Co., Ltd., Aptiv PLC, Bosch Group, Continental AG, Denso Corporation, Hitachi Automotive Systems, Ltd., Infineon Technologies AG, Magna International Inc., and Magneti Marelli Corporation.