Global Automotive Port Fuel Injection (PFI) System Market size was valued at US$ XX Mn in 2019 and expected to reach US$ XX Mn by 2019 at a CAGR of 7.4% during the forecast period.
The Global Automotive Port Fuel Injection (PFI) System market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The Global Automotive Port Fuel Injection (PFI) System report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Automotive Port Fuel Injection (PFI) System Market
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Global Automotive Port Fuel Injection (PFI) System Market Overview:
Automotive Port Fuel Injection (PFI) System is mainly used in diesel engines, as only diesel engines use compressed air for the fuel ignition system. To work this ignition system out, diesel engines rely on the fuel injection process. In port fuel injection, gasoline or diesel is sprayed into the intake ports of the cylinder where air and fuel are mixed to a proportion and then pulled into the engine cylinder. High air-fuel efficiency ratio and use of manifold injection for metered fuel supply are the factors considered to drive the port fuel injection system market growth. Moreover, the increasing automobile industries across the globe are the key supporting factor driving the growth of the market.
Several key players in the market including Robert Bosch and Continental AG are still using the PFI system for their diesel engine manufacturing owing to the reliability of the system. Furthermore, increasing the inclusion of no. of injectors ensures that each cylinder will get the same amount of fuel.
Global Automotive Port Fuel Injection (PFI) System Market Dynamics:
The increasing requirement of optimum combustion of fuel and the need for low propulsion of exhaust gases are the factors driving the port fuel injection system market growth. Furthermore, innovative policies drafted by the governments of emerging economies across the globe for automobile manufacturing are boosting the automotive PFI system market growth during the forecast period. Trade liberalization of automobile manufacturers and governments is driving the port fuel injection system market growth.
Stringent emission control norms and restrictions imposed by the government is the key factor driving the automotive port fuel injection system market growth to some extent. Furthermore, the need of decreasing the engine size with the increase in performance is the key factor attributing to create higher demand in the market for upcoming years.
Introduction of the new fuel injection system including gasoline direct injection, reverse manifold and others are the factors restraining the automotive port fuel injection system market growth.
Cost effectiveness of Automotive Port Fuel Injection (PFI) System market:
Port fuel injection system needs less space compared to the direct injection system. Also, as the port fuel injection system is used in diesel engines only, light commercial vehicles are the dominating vehicle type in the automotive port fuel injection system market. As the PFI system needs only low pressure and less fuel, the system eliminates the demand for a high torque ratio and high power consumption which are the factors considered to maintain the cost-effectiveness of the system. According to Automotive Manufacturers Association (AMA), the PFI module costs 25% less than the direct injection system used in heavy commercial and passenger cars.
Moreover, the PFI system is more reliable than a multipoint fuel injection system which is considered as a supporting factor driving the market growth. Thus PFI system is more cost-effective owing to less no. of embedded equipment.
Global Automotive Port Fuel Injection (PFI) System Market Segment Analysis:
Engine management system is the dominating segment in Automotive Port Fuel Injection (PFI) System market:
The engine management system consists of electronic and electrical equipment that helps in ensuring the smooth flow of processes within engine mechanism. Sensors, microcontrollers, and ECU’s are the key components of the engine management system. Factors attributing to the growth of the EMS system segment in the automotive port fuel injection system are the increasing need for accurate fuel economy measurement equipment and the increasing use of software systems to tailor the manufacturing of equipment. Sensors are also used to meter the air flow in the valve and also the closing and opening of injectors after the particular time frame.
Impact of Covid pandemic on the Automotive Port Fuel Injection (PFI) System market:
Due to several restrictions imposed on the manufacturing as well as transportation sector by governments, the automotive port fuel injection (PFI) system market is facing severe issues for production as well as transportation. Increasing supply chain margins and pricing have hampered the growth of the market in the years 2020-2021. Although, the market is now in an upward trend owing to the increasing spending power of consumers in the pandemic and increasing sales of automobiles including light commercial and passenger cars due to safety concerns among consumers. The automotive port fuel injection system market was valued at 4 billion USD in the year 2019 and in 2020, the total gross revenue of the PFI system market is valued at 3.2 billion USD.
According to Continental AG, owing to increasing sales trends and increasing adaptation of different sales channel and advertisements for creating product demand, the market is experiencing growth of 14.8% since 2020 and expected to continue the growth during the forecasting period. The company is also increasing its investment in the gasoline port fuel injection system manufacturing and distribution by 140 million USD in 2021.
Global Automotive Port Fuel Injection (PFI) System Market
Direct injection system hampers the automotive port fuel injection system:
The direct injection system is the latest technology in the fuel injection system market. In direct injection system, fuel is directly injected in the cylinders rather than fuel manifold making the system more efficient and uses almost 96% of the latent power of the fuel for sufficient burning. The use of high-pressure pumps and high volume control valves in direct injection systems are the factors hampering the port fuel ignition system. Hence, key players in the market are forced to invest in research and development in the PFI system for more efficient performance while making the engine space smaller as possible. Robert Bosch has announced to invest in an automotive port fuel injection system with approximately 300 million USD in the year 2020 to increase the sales channel and development in the performance of the engine.
Global Automotive Port Fuel Injection (PFI) System Market Regional Insights:
The Asia Pacific is the dominating as well as the fastest-growing region in the market with 48% of total revenue share in the automotive port fuel injection (PFI) system market registering approximately 4% CAGR in the year 2019. Factors attributing to market growth in the region are the highly developed manufacturing sector and increasing investment in the automotive sector of the region by emerging players in the market including Robert Bosch GmbH, Delphi Automotive PLC and others. Moreover, the increasing buying power of consumers in the region is the key supporting factor attributing the automotive port fuel ignition system market.
Europe is the dominating region in the PFI system market followed by North America with approximately 25% and 17% market share respectively. Factors attributing to market growth in the region are low cost requirements for the production of automobile and thereby increasing profitability and productivity of the PFI system. Furthermore, increasing no. of automobile enthusiasts in the region and high performance and emission control requirement in the region owing to the population of the emerging economies including India, China, ASEAN regions, and others are the factors expected to boost the automotive port fuel injection (PFI) system market growth in the future.
Global Automotive Port Fuel Injection (PFI) System
The objective of the report is to present a comprehensive analysis of the Global Automotive Port Fuel Injection (PFI) System Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Automotive Port Fuel Injection (PFI) System Market dynamics, structure by analyzing the market segments and project the Global Automotive Port Fuel Injection (PFI) System Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the Global Automotive Port Fuel Injection (PFI) System Market make the report investor’s guide
Global Automotive Port Fuel Injection (PFI) System Market Scope: Inquire before buying
Global Automotive Port Fuel Injection (PFI) System Market, by Region
• North America
o CIS Countries
o Rest of Europe
• Asia Pacific
o South Korea
o Rest of Asia Pacific
• Middle East and Africa
o South Africa
o GCC Countries
o Rest of MEA
• South America
o Rest of South America
Global Automotive Port Fuel Injection (PFI) System Market Key Players
• Robert Bosch GmbH
• Continental AG
• Hitachi Ltd.
• Magna International Inc.
• Denso Corporation
• SHW AG
• Delhi Automotive PLC
• Johnson Electric Holdings Ltd.
• Mikuni Corporation
• Magneti Marelli Inc.
• Edelbrock Corporation
• Keihin Corporation
• Woodward Corporation
• Stanadyne LLC
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