Market Research Report India Auto Component Market,Competition Bosch Fuel | Page 12

July 2017
India Automotive Fuel Injection Systems Market Outlook to 2022
Executive Summary
India Automotive Fuel Injection Systems Market Outlook to 2022- ken Research
Ken Research Latest Report On “India Automotive Fuel Injection Systems Market
Outlook to 2022 - Rising Vehicle Sales and Implementation of Stringent Emission
Norms to Foster Future Growth” provides a comprehensive analysis of the diesel
direct, gasoline port and direct fuel injection systems market in India. The report
focuses on the major products preferred by vehicle manufacturers across the
country. The report covers aspects such as overall fuel injection systems market by
its key segments including preferred automotive, OEM and Aftermarket sales,
technology, fuel injection systems components, and organized and unorganized. The
publication also includes competitive landscape, which discusses the major market
players along with the detailed discussion about the organizations, their respective
market share and end user analysis for purchasing fuel injection systems. The future
analysis of overall India Automotive Fuel Injection Systems Market has also been
discussed along with recommendations from analyst view.
Market Potential
Automotive fuel injection systems market in India is almost entirely domestically
produced owing to easy availability of raw material in the country. The fuel injection
systems market size in India grew by ~% in FY’2013 followed by a mere growth of
~% in FY’2014. The slump in market growth in FY’2014 was due to decline in sales of
light and heavy commercial vehicles coupled with decline in sales of passenger cars
in the country. The market witnessed a sharp decline in FY’2015 and further in
FY’2016. This decline in market revenues was primarily owed to slump in exports of
fuel injection systems coupled with decline in demand from commercial vehicles
segment. In FY’2017, the market for fuel injection systems returned to positive
growth by registering an incline of ~% from previous year. This was driven by ~%
growth in sales of automobiles in the country including two wheelers, three
wheelers, passenger cars and commercial vehicles.
Market Segmentation by Automotive Segment: Light and heavy duty commercial
vehicles accounted for the largest market share in terms of revenue in FY’2017.
Comparatively higher cost and shorter service life resulted in the high sales of fuel
injection systems in this segment. Large number of commercial vehicles operating in
the country coupled with high replacement demand resulted in high sales of fuel
injection systems for light and heavy commercial vehicles in FY’2017. Moreover,
sales of commercial vehicles also grew by ~% in FY’2017. All four wheelers today are
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