This report provides an extensive analysis of the current and emerging trends and dynamics in the marine fuel injection system market.
Portland, OR -- (SBWIRE) -- 11/30/2017 -- Marine fuel injection system is a management system for engines in marine applications like super boat, poker run, custom boat, NJBA, outboards, cargo vessel, tanker, containership, bulkers, etc. They consist of various components like fuel injector, fuel pump, fuel valves, electronic control unit (ECU), and fuel pressure regulators. These management systems help achieve quicker throttle response, precise regulation of exhaust system, enhanced fuel flow, and equal fuel distribution. The emergence of this market has addressed the regulation norms pertaining harmful emissions.
Marine fuel injection system market develops in parallel with development in boat & shipbuilding industry. Growth in international sea borne trade, increase in number of commercial vessels, introduction of electronic and methanol fuel injection systems, and stringent marine regulations owing to environmental concerns majorly drive the market. The fuel injector component accounts for the major share in marine fuel injection system market due to their limited life.
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Asia-Pacific is the leading region and is expected to register a substantial growth in this market as major shipbuilding countries like China, South Korea, Japan, and India belong to this region. The major challenge for the manufacturers is to provide different marine fuel injection systems for diverse regions due to different regulatory norms pertaining nitrogen oxide emissions and sulfur content. In addition, high capital requirement and huge chores of investments required for R&D purposes can restrain the growth of marine fuel injection system market.
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The report segments the marine fuel injection system market on the basis of component, power rating, applications, and geography. On the basis of component, the market is segmented into fuel injector, fuel pump, fuel valves, electronic control unit (ECU), and others. Based on power rating, the market is divided into 0 HP2000 HP, 2,000 HP10,000 HP, 10,000 HP20,000 HP, 20,000 HP50,000 HP, 50,000 HP80,000 HP, and above 80,000 HP. According to the applications, the market is classified into commercial vessels, offshore support vessels, and inland waterways vessels.
Comprehensive competitive analysis and profiles of major market players such as Caterpillar Inc. (U.S.), Cummins Inc. (U.S.), Delphi Automotive Plc.(U.S.), Denso Corporation (Japan) Liebherr International AG (Switzerland), MAN SE (Germany), Robert Bosch GmbH (Germany), Rolls-Royce Holding PLC. (U.K.), Woodward, Inc. (U.S.), and Yanmar Co., Ltd (Germany) is also provided in the report.