Key players in the Europe Fuel Injection Systems Market include Robert Bosch GmbH, Delphi Automotive plc, and Denso Corporation, among others.
(PRWEB) April 27, 2015
The European market is expected to grow from $13,917.4 million in 2014 to reach $17,457.1 million by 2019, at a CAGR of 7.5% during the given forecast period.
Browse through the TOC of Europe Fuel Injection Systems Market for an analysis of industry trends, segments & forecasts.
The Europe fuel injection system market has been segmented in terms of fuel type, vehicle type, and geography. The fuel types considered in this report are gasoline and diesel. Vehicle types include passenger cars, LCVs, and HCVs. Germany, the U.K., France, Poland, and Turkey are the key European countries considered for the market analysis in this report.
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As of 2014, Germany held the largest share in the Europe fuel injection system market, followed by France. Diesel-fuelled injection systems accounted for the largest share of the European market during the forecast period. Among vehicle types, the passenger car segment accounted for the largest share of the European market; however, the LCV segment is expected to grow at the fastest CAGR of 7.7% from 2014 to 2019.
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The passenger car segment held the largest share of the Europe fuel injection system market in 2014, having accounted for a market value of $10,234.6 million in 2014, which is projected to grow at a CAGR of 5.3% from 2014 to 2019. Factors such as stringent emission norms, the growing need for fuel efficiency, and the need for reduced maintenance of vehicles are among the key factors driving the demand for fuel injection systems in the European region. Furthermore, the increasing vehicle production in Europe offers new growth opportunities to market players.
Robert Bosch GmbH and Delphi Automotive plc are among the major players operating in the Europe fuel injection system market.
North America Fuel Injection Systems Market
Multi-Port Fuel Injection (MPFI) systems are popular in the North American region. However, at present Gasoline Direct Injection Systems are gaining popularity and will drive the future of the fuel injection system market in North America. This market was valued at $10.0 billion in 2013, to grow at 7.8% annually to reach $14.5 billion by 2018.
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