Market Research Report India Auto Component Market,Competition Bosch Fuel | Page 13

July 2017 India Automotive Fuel Injection Systems Market Outlook to 2022 equipped with port or direct fuel injection systems. Owing to high sales of four wheeler passenger cars in the country, fuel injection systems meant for four wheelers accounted for a considerable market share in terms of revenue in FY’2017. Two wheelers and other vehicle segments comprised for the rest of the market share. Market Segmentation by OEM and Aftermarket: The OEM (Original Equipment Manufacturer) market is entirely organized with car manufacturing companies procuring fuel injection systems from their developers or manufacturing it themselves. Therefore, OEMs had a strong market share in both gasoline and diesel based injection systems. Bosch was by far the largest player operating in both OEM and aftermarket segment. Replacement demand for defective common rail diesel injection systems, especially from light and heavy commercial vehicles, coupled with steady replacement of carburetors in two wheelers has resulted in substantial market share of aftermarket sales, as of FY’2017. Competitive Landscape: As of FY’2016, Bosch was by far the market leader in India automotive fuel injection system market. The company supplied fuel injection systems to almost all the leading auto manufacturer in the country. Delphi-TVS and Cummins Technologies accounted for substantial market share in the fuel injection systems market in FY’2016. Several companies including the likes of Stanadyne, Denso, Dellorto India Pvt. Ltd., UCAL Fuel System Limited and others comprised for the remaining market share in FY’2016. Future Outlook: The market for fuel injection systems in India is expected to be driven majorly by the rise in production and sale of automobiles including two wheelers, four wheelers, light and heavy commercial vehicles coupled with replacement demand of carburetors and fuel injection systems to comply with stricter regulatory norms in the next five years. Moreover, exports have been on a rising curve owing to companies manufacturing injection systems in India for better economies of scale. As a result, export of fuel injection system is expected to continue to incline at least in the short-midterm and aid in the growth of automotive fuel injection systems market in India. Overall, the market is anticipated to grow at a healthy CAGR of ~% during the period FY’2017-FY’2022. Key Topics Covered in the Report:  India Automotive Fuel Injection Systems Market Size, FY’2012-FY’2017  India Automotive Fuel Injection Systems Market Segmentation By Automotive Segment, By OEM and Aftermarket, By Technology, By Component, By Organized and Unorganized Sector, FY’2017  Trade Scenario in India Automotive Fuel Injection Systems Market © Licensed product of Ken Research; should not be copied 13