Global Fuel Delivery System Market Size, Share, Trends & Forecast 2019-2025
Posted by nabeel on March 11th, 2021
The increasing demand for the fuel delivery system in commercial vehicles is contributing to the fuel delivery system market growth. The growing application of the commercial vehicle for transportation and logistics services across the globe encourages the adoption of fuel-efficient delivery system in large commercial vehicle. The fuel-efficient delivery systems are the first choice of commercial vehicle manufacturer as the commercial vehicles are crucial for the cost-effective transportation of goods and other commercial applications. Apart from regular commercial vehicle, these vehicles are also used for special purposes such as ambulance, fire brigade, RD-mixer, and refrigeration truck that raises the demand of fuel delivery system that propels the market growth.
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Technological development in Fuel Delivery System
Technological development in the fuel delivery system has led the growth of the fuel delivery system market. The fuel delivery manufacturers have recognized the challenges related to packaging alternative fuel storage systems with enough storage capacity and have developed products that impeccably assimilate the alternative fuel system into their vehicle structure. The TI Fluid Systems PLC introduced new 350 lph high-performance in-tank 39MM fuel pumps that support 600 plus HP applications in December 2018. These pumps are one of the most flowing pumps and suitable for forced induction (turbocharged, supercharged) applications. Therefore, the introduction of these advance fuel systems propels the market growth.
Increasing adoption of alternative fuels
The introduction of alternative fuel such as e-fuel is hindering the market growth of fuel delivery system market. With the increasing demand for energy efficient vehicles across the globe, government, as well as private companies, are moving positively towards their development. Companies such as Audi, Honda, Hyundai are investing in order to develop vehicles powered by various alternative fuels (hydrogen, e-diesel, e-gasoline, and others). The US government is continuously increasing the number of hydrogens refuelling station, e-diesel refuelling stations and other infrastructure needs for deployment of the vehicles powered by e-fuels.
Fuel technology in recent years is diverting towards an alternative source of energy such as e-fuel due to continuous technological enhancement and growing demand for eco-friendly vehicles. Government regulations in the favour of alternative-fuels are encouraging the manufacturing industries to shift the production towards alternative-fuel vehicles. Research institutes are being supported economically and technically in order to develop eco-friendly source of energy for automotive sector. For instance, Audi has developed e-benzin and e-diesel as an alternative-fuel by continuously investing in the R&D of the company. These initiatives encourage the demand for e-fuel in the market that will affect the fuel delivery market in the near future.
Global Fuel delivery system Market- Segmentation
By Vehicle Type
Global Fuel delivery system Market– Segment by Region
Rest of the World
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About the Authornabeel
Joined: November 26th, 2020
Articles Posted: 337
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