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Market overview
Growth Factors:-
The increasing demand for automotive fuel injector is
primarily governed by the global vehicle production.
Improved power output & fuel efficiency as well as stringent
laws for carbon emission are some of the other key factors
that drive the demand for fuel injection systems in the
automotive industry. Rising demand for two-wheelers in the
countries that include India, China, and Brazil creates new
growth prospects for the fuel injection system. The overall
demand of fuel injection system expected to grow at a
promising rate in the years to come.
Regional Insights:-
The Asia Pacific witnessed the leading value share across the
global market as well as encountered to be the fastest
growing region over the analysis timeframe. The growth of
the region is mainly attributed to the increasing automotive
production in the region. In addition, demand for high fuel
efficient vehicles, growing purchasing power, and
enforcement of stringent emission norms in developing
nations that include Thailand, China, and India are the other
key factors that has prominently propelled the demand for
fuel injection system in the region.
Key Companies:-
Continental AG
Robert Bosch GmbH
Hitachi Ltd.
Delphi Automotive LLP.
Infineon Technologies AG
DENSO CORPORATION
Woodward, Inc
Keihin Corporation