Lewes, DE -- (SBWire) -- 04/21/2017 --Report forecast the global automotive high-pressure fuel pump market to grow at a CAGR of 8.57% during the period 2017-2021.
An automotive high-pressure pump compresses the fuel supplied to it by the electric fuel pump to generate the required pressure. It is generally driven by a camshaft. Most of the vehicles that have a direct injection system are equipped with a high-pressure fuel pump.
The report covers the present scenario and the growth prospects of the global automotive high-pressure fuel pump market for 2017-2021. To calculate the market size, the report considers the revenue generated from the new vehicle sales volume.
The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
According to the report, one of the major drivers for this market is higher growth of GDI engines. About 20% of the vehicles sold in 2015 are equipped with GDI engines. Europe has the highest GDI engine penetration. In this region, Germany leads with a penetration rate of 50% of gasoline cars. OEMs have been strategizing to improve fuel economy and power output of their vehicles by using GDI engines. Recent trends show that OEMs are introducing turbochargers and GDI in downsized engines for enhancing their power output and fuel economy.
Further, the report states that one of the major factors hindering the growth of this market is rise in the switching cost from port injection system to direct injection system. The direct injection system helps in increasing the fuel efficiency of vehicles. However, there are some disadvantages of switching from the port injection system to the direct injection system. In the direct injection system, the tip of the injector is mounted in the combustion chamber itself and is exposed to high pressure. Thus, the designing and materials that are used for manufacturing the injector should be of high quality, which will incur more costs.
Global Automotive High-Pressure Fuel Pump Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global automotive high-pressure fuel pump market: Bosch, DENSO, and Continental.
Other Prominent Vendors in the market are: Delphi, Hitachi, and Johnson electric.
Market driver
- Higher growth of GDI engines
- For a full, detailed list, view our report
Market challenge
- Rise in the switching cost from port injection system to direct injection system
- For a full, detailed list, view our report
Market trend
- Increase in injection pressure of high-pressure fuel pumps
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 70 pages and 30 Exhibits "Global Automotive High-Pressure Fuel Pump Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by vehicle type, Geographical segmentation, Key leading countries, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
For more information Visit at: http://www.marketresearchreports.com/technavio/global-automotive-high-pressure-fuel-pump-market-2017-2021
Related Reports;
Global Electric Locomotive Engines Market 2017-2021 - Visit at - http://www.marketresearchreports.com/technavio/global-electric-locomotive-engines-market-2017-2021
Global Automotive Software Market 2017-2021 - Visit at - http://www.marketresearchreports.com/technavio/global-automotive-software-market-2017-2021
About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.
Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions
