Automotive Fuel Delivery System Market Worth Will Reach $3.61 Billion by 2019
The global automotive fuel delivery system market is estimated to grow at a promising rate of 5.9% from 2014–2019, following the growth in global vehicle production and sales volume.
Dallas, TX -- (SBWire) -- 05/20/2015 --The report Automotive Fuel Delivery System Market - Industry Trends and Forecast to 2019, defines and segments the automotive fuel delivery system market with analysis and forecasting of the global volume and value.
Browse 72 market data tables and 62 figures spread through 149 pages and in-depth TOC on "Automotive Fuel Delivery System Market by Component (Fuel Pump, Injector, Pressure Regulator, Filter & Rail, and Throttle Position Sensor), Alternative Fuel Vehicles (CNG, LPG and LNG) and Region - Industry Trends and Forecast to 2019"
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The Automotive Fuel Delivery System Market is projected to grow at a CAGR of 5.93% from 2014–2019 and reach $3.61 billion by 2019.
Asia-Oceania: Highest market for fuel delivery system
The Asia-Oceania region comprises of countries such as China, India, and Japan. The region is dominated by developing countries such as India and China, where the automotive industry is growing at a faster pace. Increasing number of vehicle manufacturing facilities due to low cost of production in developing countries, increasing production capacity, and growing demand for light and heavy vehicles is driving the market for automotive fuel delivery system in these countries. The automotive fuel delivery system market of the Asia-Oceania region is projected to grow at a CAGR of 6.27% from 2014–2019.
Europe: Potential market in Eastern Europe
Western Europe is a matured market for the automotive industry. The automotive industry grew negatively during the Euro Crisis of 2008. However, the European automotive industry is recovering at a faster pace since 2013, and this is expected to drive the demand for fuel delivery system in Eastern and Western Europe. The European automotive fuel delivery system market is projected to grow at a CAGR of 5.37% from 2014–2019.
North America: Increased vehicle production in Mexico
The North America region comprises of countries such as the U.S., Canada, and Mexico, which is also a matured automotive market. However, a rising number of OEMs are setting up manufacturing facilities in Mexico, given the cheap labor and lower cost of production in the country. This has increased vehicle production volume in Mexico, and hence is expected to drive the fuel delivery system market. The North American automotive fuel delivery system market is projected to grow at a CAGR of 6.67% from 2014–2019.
The report covers the global automotive fuel delivery system market in terms of volume (million units) and value ($million) across regions such as Asia-Oceania, Europe, North America, and the rest of the world (RoW). It explains the qualitative and quantitative aspects of automotive fuel delivery system. The report briefly explains the automotive fuel delivery system market on the basis of region, product, and vehicle type from 2014–2019.
The report also shows an overview of the technical as well as other important aspects of the automotive fuel delivery system market. It includes analysis of the market's value chain, Porter's Five Forces analysis, PEST analysis, competitive landscapes, and company profiles. In addition to this, 10 key players of the automotive fuel delivery system industry have also been profiled.
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