Manufacturers of Automotive vehicle Fuel systems are currently transitioning to plastic fuel tanks. Extrusion or rotational moulding are the production methods for polypropylene fuel tanks. Plastic fuel tanks provide several advantages over aluminium and steel fuel tanks, including greater scratch and chip resistance, lighter weight, no welding required, lower cost, and non-corrosion.
Furthermore, polypropylene offers advantages of durability and lightweight. Extruded polypropylene OEM components help decrease overall vehicle weight and fuel consumption.
In recent years, the adaptability of polypropylene (PP) has gained significant attraction from manufacturers. Therefore, it is expected that, polypropylene (PP) consumption will continue to increase in automotive components in the foreseeable future.
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Investments to Boost Production of Fuel Systems against Backdrop of Surging Demand
Manufacturers in the Automotive Fuel system market are focusing on gaining a competitive advantage and improving technologies in their product portfolios for the transformation of auto ancillary industry, since the automotive fuel system market is high-volume and fairly fragmented.
Offering Customized or Demand-specific Automotive Fuel Systems
Most manufacturers in the automotive fuel system market focus on product differentiation in order to maintain a competitive advantage in the landscape. Automakers are introducing rapid changes in automotive and related automotive fuel system designs in order to cater to ever-changing consumer preferences.
Automotive fuel system manufacturers have responded to these market conditions by offering customized or requirement-specific fuel systems, such as brushless fuel pumps, fuel tanks, and compact pumps, for automakers. Offering such fuel systems is a potential opportunity for players in the market to secure long-term supply contracts from automakers.
The private sector is emerging as a significant player across numerous infrastructure segments, from roads and communications to power and airports. For the completion of these projects, governments require high efficiency construction equipment and machines that can complete projects within the stipulated time and consume less fuel.
Moreover, these projects may create growth opportunities for players in the automotive fuel system aftermarket, owing to the need for replacement of many components such as air filters and fuel filters that are frequently required to maintain the life of off-road vehicles.
- For Instance, the Indian government plans to spend US$ 1.4 trillion on infrastructure in the coming five years.
Companies
- Magna International Inc.
- Plastic Omnium
- Westport Fuel Systems Inc.
- Delphi automotive PLC
- Denso Corporation
- Robert Bosch GmbH
- Hitachi Automotive Systems
- AISIN SEIKI Co., Ltd.
- Cummins Inc.
- YAPP Automotive Systems Co., Ltd
Key Segments of Automotive Fuel System Market
PMR’s report divides the automotive fuel system market into four significant segments – component type, engine type, vehicle type and region. This report offers comprehensive data and information about important market dynamics and growth parameters related to these categories.
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| Engine type |
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