Some of the driving factors for fuel injection systems, which in turn are driving the worldwide two-wheeler fuel injection system market, are simple to install, fantastic engine performances, and improved fuel efficiency. The potential for the worldwide two-wheeler fuel injection system market is increasing as a result of the ongoing technical improvements made by companies like Bosch (the most recent EFI systems that can be installed on any two-wheeler).
NEWARK, Del: The global two wheeler fuel injection system market is expected to reach a valuation of US$ 20.23 Bn in 2032, with sales growing at a healthy CAGR of 6.8% from 2022 to 2032. Presently valued at US$ 10.48 Bn in 2022, the target market is driven by its support in attaining the exact air-to-fuel ratio for two-wheelers. An upsurge in vehicular population further aids the growth of the two-wheeler fuel injection system market during the forecast period.
The two-wheeler fuel injection system market is expected to grow by 1.6x during the projected period. This is because there’s a growing preference for two-wheelers not only for adventure and touring purposes but also for daily commute. With the demand for two-wheelers escalating, the demand for fuel injection systems will also increase. Hence, it is estimated that two-wheeler fuel injection system sales will expand during 2022-2032, generating a growth opportunity of US$ 7.1 Bn.
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Along with a rising demand for two-wheelers fueling the target market growth, aspects such as growing government regulations for a clean economy and ecosystem balance will also propel the two-wheeler fuel injection system market. Again, because of growing environmental concerns, the target market will observe a surge in demand. Features like the cost savings, and lower fuel consumption in comparison to conventional fuel injection systems will also generate lucrative opportunities for the target market.
Other properties like easy to install, superior engine performances, and enhanced fuel efficiency further drive the growth of the two wheeler fuel injection system market. Furthermore, constant development and technological innovation introduced by major market players also spur the growth of the two wheeler fuel injection system market during the forecast period.
“Benefits like cost savings and lower fuel consumption compared to traditional models will drive the global growth of the two wheeler fuel injection system market over the forecast period,” says an FMI analyst.
Key Takeaways:
- Preference for two wheelers for daily commute will strengthen market prospects.
- By sales channel, the OEM segment is predicted to dominate the global market space.
- The two wheeler fuel injection system market in India will grow at a CAGR of 4.4%.
- China’s two wheeler fuel injection system market will hold about 46.8% value share in East Asia.
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Competitive Landscape
Delphi Automotive PLC, Robert Bosch GmbH, Ucal Fuel systems Ltd., Magneti Marelli S.p.A., Mikuni Corporation, Keihien Corporation, Continental AG, Delphi Automotive, Ducati Energia, Sedemac, and Edelbrock LLC among others are some of the major players in the two wheeler fuel injection system market profiled in the full version of the report.
Leading market players are concentrating on increasing their operations to meet the rising demand and strengthen their market presence. These enterprises are deploying strategic collaborations and joint ventures to augment their revenues.
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Two Wheeler Fuel Injection System Market by Category
By Vehicle Type, Two Wheeler Fuel Injection System Market is segmented as:
- Scooter
- Roadster
- Sports
- Cruiser
- Others
By Engine Type, Two Wheeler Fuel Injection System Market is segmented as:
- Less than 150 cc
- 150 cc to 200 cc
- 200 cc to 500 cc
- 500 to 1000 cc
- Greater than 1000 cc
By Sales Channel, Two Wheeler Fuel Injection System Market is segmented as:
- Original Equipment Manufacturer (OEM)
- Aftermarket
By Region, Two Wheeler Fuel Injection System Market is segmented as:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
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More Insights into Two Wheeler Fuel Injection System Market Report
In its latest report, FMI offers an unbiased analysis of the global two wheeler fuel injection system market, providing historical data from 2017 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of vehicle type (scooter, roadster, sports, cruiser, others), engine type (less than 150 cc, 150 cc to 200 cc, 200 cc to 500 cc, 500 cc to 1000 cc, greater than 1000 cc), sales channel (Original Equipment Manufacturer (OEM), aftermarket), and region.
According to the latest FMI reports, based on segmentation, the Original Equipment Manufacturer (OEM) segment is expected to be a major contributor to the overall market growth. Due to partnerships between key market participants and established automotive manufacturers, two wheeler fuel injection system market will register several lucrative opportunities during the projected period.
Based on region, the two wheeler fuel injection system market in China will present impressive market growth during 2022-2032. By the end of 2022, the target market in this country will account for 46.8% value share of East Asia two wheeler fuel injection system market. This growth can be attributed to China being one of the largest motorcycle producers in the world. Apart from China, India will also exhibit significant growth in the two wheeler fuel injection system market during the forecast period.
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The post Amid Rising Adoption Of Two-Wheelers The Two Wheeler Fuel Injection System Market Will Reach US$ 20.23 Bn In 2032 appeared first on Future Market Insights.
