DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Marine Fuel Injection System Market by Application, by Component, by HP Range and by Region - Trend and Forecasts to 2021" report to their offering.
The global marine fuel injection market is expected to reach USD 5.20 Billion by 2021, at a CAGR of 3.9% from 2016 to 2021. The growth is attributed to increase in international seaborne trade, growth of the shipbuilding industry, and stringent marine emission regulations across the globe.
Fuel injection system is a collective term used for fuel injector, fuel pump, fuel valves, Electronic Control Unit (ECU), and other components such as fuel rail and fuel pressure regulators. The marine fuel injection is used to attain faster throttle response, better fuel flow, precise control of exhaust system, and equal distribution of fuel. With marine emission norms getting stringent, the demand for new fuel injection systems is also increasing. In addition, the advent of the electronic fuel injection technology is also driving the market for marine fuel injection.
Meanwhile, Asia-Pacific was the leading market for marine fuel injection in 2015, as the region houses several major shipbuilding countries such as China, Japan, South Korea, Malaysia, and India. Furthermore, factors favoring this include low labor and manufacturing cost. Hence, the Asia-Pacific region dominated the marine fuel injection market in 2015. China is estimated to be the largest market, growing at a decent rate during the forecast period, whereas countries such as South Korea, Japan, Brazil, and India are potential markets to demand marine fuel injection during the same duration.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Marine Fuel Injection System Market, By Application
8 Marine Fuel Injection System Market, By Hp Range
9 Marine Fuel Injection System Market, By Component
10 Marine Fuel Injection System Market, By Region
11 Competitive Landscape
12 Company Profiles
- Caterpillar Inc.
- Cummins Inc.
- Delphi Automotive Plc.
- Denso Corporation
- Liebherr International Ag
- Man Se
- Robert Bosch Gmbh
- Rolls-Royce Holdings Plc.
- Woodward Inc.
Yanmar Co. Ltd.
For more information about this report visit http://www.researchandmarkets.com/research/5zptd5/marine_fuel
Related Topics: Shipbuilding and Ship Parts