Automotive Fuel Delivery System Market Size (2024 - 2029)

The automotive fuel delivery system market is experiencing shifts in its market size due to various factors, including the impact of COVID-19, which has disrupted growth across the automotive industry. While stringent emission control norms and increased fuel efficiency demands are influencing consumer behavior, the rise of electric vehicles poses challenges to market expansion. The Asia-Pacific region is anticipated to dominate the market size due to significant automotive production, while CNG-powered vehicles are expected to grow in Europe and North America. Despite economic challenges in South America, the market is projected to maintain a stable performance.

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Market Size of Automotive Fuel Delivery System Industry

Automotive Fuel Delivery System Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.80 %
Fastest Growing Market Europe
Largest Market Asia Pacific
Market Concentration High

Major Players

Automotive Fuel Delivery System Market Major Players

*Disclaimer: Major Players sorted in no particular order

Automotive Fuel Delivery System Market Analysis

The automotive fuel delivery system market was valued at USD 3.77 billion in 2021 and is expected to reach USD 5.29 billion by 2027, registering a CAGR of above 5.8% during the forecast period (2022 - 2027).

Recent COVID-19 has disrupted the market growth. With lockdowns and travel restrictions, the demand for vehicles has declined. As a result, the growth of automotive parts in the automotive industry has also declined in the past two years. This trend is seen in all segments related to the automotive industry.

Over the medium-term, enactment of stringent emission control norms, especially for commercial vehicles, noise reduction, increased fuel efficiency, etc., have a notable impact on consumer behavior. However, increasing demand and the penetration of electric vehicles in the automotive sector are expected to hinder the growth of the market.

The drastic pressure variations in common rail injection systems are expected to reduce the emission of nitrogen dioxide by 50% and enhance fuel efficiency by 3%. On the other hand, the aftermarket kits, especially in the emerging markets, mainly drove the segment for liquefied petroleum vehicles. The lack of LPG-equipped models contributed to the high share of the aftermarket.

Asia-Pacific region is expected to lead in the automotive fuel delivery system market owing to growing automotive production across key markets like India, China, etc. CNG-powered vehicles are expected to witness strong growth in the European and North American regions. However, the growth in LPG vehicles is likely to be restricted to developing markets. Despite tough economic conditions in the South American region, the market should perform relatively well during the forecast period.

Automotive Fuel Delivery System Industry Segmentation

The fuel system in a vehicle is the combination of parts needed to carry fuel into and out of the engine. The main parts of a fuel system are the fuel tank, fuel lines, fuel pump, fuel filters, and distribution device.

The Automotive Fuel Delivery System Market is Segmented by Vehicle Type, Fuel Type, and Geography. By Vehicle Type, the market is segmented into Passenger Cars and Commercial Vehicles. By Fuel Type, the market is segmented into Gasoline, Diesel, and Other Fuel Types. By Geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World). For each segment, market sizing and forecast have been done on the basis of a value (USD billion).

Vehicle Type
Passenger Cars
Commercial Vehicles
Fuel Type
Gasoline
Diesel
Other Fuel Types
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Russia
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Rest of the World
Brazil
Argentina
South Africa
Other Countries
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Automotive Fuel Delivery System Market Size Summary

The automotive fuel delivery system market is poised for significant growth, driven by increasing automotive production and the adoption of alternative fuels across various regions. The Asia-Pacific region is expected to lead this growth, with countries like India and China at the forefront due to their expanding automotive industries. The market is also witnessing a shift towards natural gas vehicles, particularly in Europe and North America, which is expected to positively impact the demand for fuel delivery systems. Despite the challenges posed by the COVID-19 pandemic, which temporarily disrupted market growth, the industry is recovering, with a focus on enhancing fuel efficiency and reducing emissions through advanced technologies such as common rail injection systems. However, the rising penetration of electric vehicles presents a challenge, as these vehicles do not require traditional fuel delivery systems.

The market landscape is characterized by the presence of major players such as Robert Bosch, Continental AG, and Denso Corporation, who are actively expanding their operations through strategic partnerships and joint ventures. Innovations in fuel delivery technologies, such as those developed by Cummins Inc. and Rush Enterprises, are set to drive the market forward. Additionally, the development of new fuel pump modules and the localization of key components are expected to reduce dependency on imports and enhance market stability. The ongoing transition towards alternative fuels, including liquefied natural gas, is anticipated to further bolster the market's growth prospects. Despite economic challenges in regions like South America, the overall outlook for the automotive fuel delivery system market remains positive, with continued advancements and strategic collaborations shaping its future trajectory.

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Automotive Fuel Delivery System Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD billion)

    1. 2.1 Vehicle Type

      1. 2.1.1 Passenger Cars

      2. 2.1.2 Commercial Vehicles

    2. 2.2 Fuel Type

      1. 2.2.1 Gasoline

      2. 2.2.2 Diesel

      3. 2.2.3 Other Fuel Types

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Mexico

        4. 2.3.1.4 Rest of North America

      2. 2.3.2 Europe

        1. 2.3.2.1 Germany

        2. 2.3.2.2 United Kingdom

        3. 2.3.2.3 France

        4. 2.3.2.4 Russia

        5. 2.3.2.5 Spain

        6. 2.3.2.6 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 Japan

        3. 2.3.3.3 India

        4. 2.3.3.4 South Korea

        5. 2.3.3.5 Rest of Asia-Pacific

      4. 2.3.4 Rest of the World

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 South Africa

        4. 2.3.4.4 Other Countries

Automotive Fuel Delivery System Market Size FAQs

The Automotive Fuel Delivery System Market is projected to register a CAGR of greater than 5.80% during the forecast period (2024-2029)

Continental AG, Delphi Technologies, DENSO Corporation, Robert Bosch GmbH and Magna International Inc. are the major companies operating in the Automotive Fuel Delivery System Market.

Automotive Fuel Delivery System Market Report Snapshots

Automotive Fuel Delivery System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)