- Since, manufacturing injection systems require considerable technical expertise and capital investment; the market for fuel injection systems in India is highly organized. Unorganized players primarily cater to the demands from aftermarket sales. With the implementation of stricter emission norms, the organized companies are better positioned to utilize this market opportunity, especially when then vehicles sales in the country has grown by 11.5% and 4.2%, respectively.
- It is estimated that auto & auto parts industry in India will have to invest over USD 10 billion to be able to manufacture BS-VI compliant vehicles. Investments have to be made progressively over the next three years in line with the market demand.
The recent ambitious move by the central government of India to by BS-V and straightaway leap into BS-VI emission norms by 1st April, 2020 has presented a huge market opportunity for fuel injection system manufacturers. Since automakers are destined to comply by the emission norms, manufacturers are required to step up their investments and quickly develop fuel injection systems for the Indian market that meet the emission standards. Although this will most probably result in incline in prices of fuel injection systems, this move by the government has opened up huge market opportunities for the organized manufacturers.Automotive Fuel Injection Systems Market,Automotive Fuel Injector Market,Fuel Injection System Market,Fuel Injection Systems Market Share,Fuel Delivery, Injection Systems Market Forecast, Best Fuel Injector in India,Fuel Injection System Manufacturers India,Fuel Injection Components in India,Automotive Fuel Injection Systems Industry,Fuel Injection Equipment Dealers in India, India Auto Component Market, Diesel Engine Fuel Injection Market.
Auto OEMs in the country would have preferred a more phased shift to BS-VI norms over a period of 6-7 years. OEMs will have to work with the suppliers to customize the solution for the Indian market. There exists a tremendous opportunity for domestic suppliers engaged in fuel injection systems to continuously innovate and develop proprietary technologies suitable for complying with BS-VI norms. The real challenge will be in providing BS-VI compliant vehicles to the end consumers at affordable prices. Rising vehicle sales and replacement of old injection systems once BS-VI is implemented will further aid in the market growth of fuel injection systems in the country.
“New entrants and existing players should look to improve their after sales service and expand their dealer base to cater more to aftermarket sales. Additionally, it is imperative to setup a R&D and manufacturing plant in a zone already specializing in manufacturing of automobiles. Success has to be a combination of superior technology and right value for money injection systems.”, according to Research Analyst, Ken Research.
Ken Research announced its latest publication 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 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.
The report covers trends about technological developments including gasoline and diesel direct injection systems. It also includes detailed analysis of the major companies existing in this space including Bosch Limited, Delphi-TVS, Cummins Technologies, Stanadyne, Denso, Dellorto India Pvt. Ltd., UCAL Fuel System Limited and others.
Topics Covered in the report
- Automotive Fuel Injection Systems Market,
- Automotive Fuel Injector Market,
- Fuel Injection System Market,
- Fuel Injection Systems Market Share,
- Fuel Delivery, Injection Systems Market Forecast,
- Best Fuel Injector in India,
- Fuel Injection System Manufacturers India,
- Fuel Injection Components in India,
- Automotive Fuel Injection Systems Industry,
- Fuel Injection Equipment Dealers in India
- India Auto Component Market,
- Diesel Engine Fuel Injection Market
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Ankur Gupta, Head Marketing & Communications