Automotive Fuel Injection Pump Market

China Deploys Aggressive Mandates to Take Lead in Electric Vehicles

“Our latest research report entitled Automotive Fuel Injection Pump Market (by pump type (common rail, rotary distributor fuel injection pump, electric pumps, and inline pumps), fuel type (single-point or throttle-body injection, sequential fuel injection, and direct injection), vehicle type (passenger car, commercial vehicles)) provides complete and deep insights into the market dynamics and growth of Automotive Fuel Injection Pump. Latest information on market risks, industry chain structure Automotive Fuel Injection Pump cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Automotive Fuel Injection Pump growth factors.

The forecast Automotive Fuel Injection Pump Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Automotive Fuel Injection Pump on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report.”

“In March 2017– City of Beijing announced plans to transform its entire taxi fleet to electric propulsion. Within 5 years, electric cars and SUVs will replace the 70,000 gasoline and diesel-fueled taxis now cruising the streets of the capital. Beijing is not the first city to mandate electric taxis. Shenzhen, the booming tech city of 10.8 million across the border from Hong Kong, declared that all new taxis entering the fleet will be electric. The changeover starts this year.

China is already the world’s leading electric vehicle market by a wide margin. In 2016, China EV sales reached 507,000 units, more than double the level in Europe (221,000) and almost four times the US number (157,000). China EV sales are expected to climb to 700,000 this year, according to the China Association of Automotive Manufacturers.

Advancement in Automotive Fuel Delivering and Injection Systems to Promote Growth in the Automotive Fuel Injection Pump Market

The growing demand for fuel-efficient vehicles to reduce the carbon dioxide levels is expected to be the factor driving the growth of the automotive fuel injection pump market. Additionally growth in sales across the vehicular segments and technological advancements intended at improving the fuel efficiency of the engine is anticipated to fuel the growth of the market during the forecast period. However, supporting government policies for greener vehicles is the factor restraining the growth of the automotive fuel injection pump market. On the other hand, rising penetration of electrical vehicles is likely to hamper the growth of the market over the forecast period. Owing to the innovative efforts, there is advancement in automotive fuel delivering and injection systems and Growth in Use of ethanol fuel in automotive industry is likely to provide several growth opportunities for the key players in the automotive fuel injection pump market.

Asia Pacific Region to Contribute To Growth in the Global Automotive Fuel Injection Pump Market

Asia Pacific dominated the global automotive fuel injection pump market. Increase in automotive production and the current emerging stage of the market, and cost advantages for OEMs are driving the growth in the Asia Pacific region. The growth in North America is anticipated to be driven by increasing penetration of direct injection system in vehicles driven by gasoline engines.

Browse Detailed TOC, Description and Company Mentioned in this Premium Report@ https://www.infiniumglobalresearch.com/automotive/global-automotive-fuel-injection-pump-market

Leave a Reply

Your email address will not be published. Required fields are marked *

Top