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
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