The latest industry research report on Automotive Fuel Pipes by MRC provides a thorough analysis of the global Automotive Fuel Pipes market. The report scrutinizes the market by different segments including regions, applications, competitive landscape, etc. over the predicted time frame. This report provides 360 Degree perspective of the Automotive Fuel Pipes industry with an all-inclusive discussion of definitions, classifications, and market players in the industry chain structure. It features qualitative and quantitative analysis of the industry taking into consideration the significant development factors, competition in the market, and important reasons impacting the market growth.
MRC recognizes the following companies as the key players in the global automotive fuel pipes market: Continental, Gates Corporation, Magna International, and Sumitomo Riko
Other Prominent Vendors in the market are: DuPont, Eaton, and Keihin Corporation.
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Commenting on the report, an analyst from MRC’s team said: “The latest trend gaining momentum in the market is Design improvements in fuel pipes. A vehicle requires fuel pipes to carry the fuel from the fuel tank to the engine compartment. With the current trend of OEMs focusing on the downsizing of engines, the large displacement engines, such as 3.5L V6 or 5L V8 engines, have been replaced by the 2L turbocharged engines. These downsized engines have the capacity to create more power from a small displacement engine. As a result, the engines tend to get heated soon. Thus, such engines require efficient automotive fuel pipes to withstand high pressure and temperature.”
According to the report, one of the major drivers for this market is Downsizing of the engine will lead to manufacturing efficient fuel pipes resistant to high temperatures. OEMs are reducing the engine capacity to make the vehicles more fuel-efficient. Engine capacities of 2L-2.5L have been downsized. These engines have a boosting device, such as a turbocharger and direct injection system. The new engines, though of a lesser capacity, can achieve similar performance. The reduction in the engine capacity reduces the number of cylinders used and significantly reduces the friction in the engine while reducing the weight of the engine. The introduction of such engines has led to the development of fuel pipes that are resistant to vehicle vibrations and high temperatures and pressure. In addition, the fuel pipes are resistant to corrosion and inert to the fuel and fuel additives.
Further, the report states that one of the major factors hindering the growth of this market is Rise in demand for battery electric vehicles is acting as a deterrent for the global automotive fuel pipes market. The sales of battery electric vehicles started picking up since 2014. Though many factors contributed to the increasing sales, the most important factor is the government initiatives to promote the adoption of battery electric vehicles among the people. The battery electric vehicles market is nurtured by the governments worldwide intending to curb carbon emission. The global battery electric vehicles market is gaining momentum due to several benefits provided by the governments, stringent carbon emission norms to reduce the average CO2 emission by OEMs, increased consumer awareness to curb greenhouse gas emissions and increase in collaboration among the foreign and regional players.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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The research report focuses on the analysis of its major geographies, and different segments. This all-inclusive study discusses the current market development and trends, important factors driving market growth like drivers, restraints, market projections, and market structure for each region and its sub-segments. It also provides glimpses on the recent technological advancements in the market along with detailed profiles of key industry players. The report also includes an analysis of the micro and macro aspects noteworthy for the present active and the new entities apart from the study of the value chain.
Key Topics Covered in the Report:
- Comprehensive overview of parent market with market definition, classification
- Recognition of factors influencing the market scenarios and analysis of market drivers, barriers, and their impact on the market growth
- Current and future market trends, market scope and detailed market segmentation on the basis of application, region, and competitive scenario
- Value Chain Analysis, Strategic insights, and market estimations
- Facts, stats, historical data, market size forecast regarding volume and value
- Analysis of competitive landscape and assessments on a regional scale with company profiles of leading market players, finance metrics, product offerings and key business strategies and growth prospects for the projected period
- Insights on prospective opportunities and challenges, success and risk
The report brings to your attention analysis of the Automotive Fuel Pipes market in major geographies including North America, Europe, the Asia-Pacific, and the Rest of the World. This research report provides a complete insight of the market trends and guides in making informed business decisions. It gives a clear understanding of the competitive environment, key market players, their portfolio, and strategies. It also features a technological growth map over a time and helps understand its impact on the market.
Market Scope
The research report takes different facets into consideration to scrutinize the global Automotive Fuel Pipes industry. It brings to your attention market overview, market trends and future outlook, market growth and dynamics, market challenges and opportunities, competitive landscape, and potential investment segment.
Report Details @https://marketreportscenter.com/reports/562359/global-automotive-fuel-pipes-market-2017-2021
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