Automotive Fuel System Market to be dominated by Polypropylene Make
The manufacturers of automotive fuel systems, in today’s scenario, are in transition mode. In other words, they are into the adoption of polypropylene fuel tanks. They are formed by rotational molding or extrusion. Plastic tanks, as compared to steel and aluminum fuel tanks, provide resistance against chipping and scratches, are lightweight, need 0% welding, are non-corrodible, and are cost-effective.
Polypropylene does make way for the decreased weight of the vehicles and also lower fuel consumption. Along these lines, Continental AG’s production facility is in place in Kaluga (Russia) since the year 2015. To manufacture fuel pumps apart from the other components. TI Fluid Systems has its fuel tank system manufacturing facility in Baoding (China). Persistence Market Research has walked through these facts with prospects in its latest market study entitled “Automotive Fuel System Market”.
How is the Automotive Fuel System Market dispensed?
The global automotive fuel system market, by type of component, spans intake manifold, throttle body, air filters, fuel injectors, PCMs/ECMs, airflow meters, fuel filters, fuel pumps, fuel tanks, and pressure regulators. By type of engine, it’s diesel, petrol, CNG, and likewise. By type of vehicle, it’s passenger cars (mid-size, compact, premium, and SUVs), light commercial vehicles (LCVs), heavy commercial vehicles (HCVs) (heavy trucks and trailers, buses & coaches), and off-road vehicles. Persistence Market Research has entailed these findings with future perspectives in its latest market study entitled “Automotive Fuel System Market”.
Region-wise Analysis
North America holds the largest market share due to the US being a hub for hosting hordes of car racing events. LATAM is expected to pick up the pace on similar grounds. Europe would also follow suit, along with the Asia-Pacific. Persistence Market Research has, with the help of its line of expertise in the form of analysts and consultants, entailed these facts with the future course of action in its latest market study entitled “Automotive Fuel System Market”.
Competitive Landscape
Persistence Market Research has enlisted the key players in the automotive fuel system market as Magna International Inc., Plastic Omnium, Westport Fuel Systems Inc., Delphi Automotive Plc, Denso Corporation, Robert Bosch GmbH, Hitachi Automotive Systems, AISIN SEIKI Co., Ltd., Cummins Inc., and YAPP Automotive Systems Co., Ltd. These players are engaged in various activities to sustain themselves amidst fierce competition. They are inclusive of mergers, acquisitions, partnerships, joint ventures, and new product launches.
For in-depth competitive analysis,
The Road Ahead
The global automotive fuel system market is bound to grace innovation in the next 10 years – Persistence Market Research
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