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Marine Fuel Injection System Market Is Expected To Boom Worldwide By 2021
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The report "Marine Fuel Injection System Market by Application (Inland Waterways, Commercial Vessels and Offshore Support Vessels), by Component (Fuel Injector, Fuel Valves, Fuel Pump and Others), by HP Range and by Region - Trend and Forecasts to 2021", The marine fuel injection market is expected to grow from an estimated USD 4.30 Billion in 2016 to USD 5.20 Billion by 2021, at a CAGR of 3.9% from the 2016 to 2021. Growth of the shipbuilding industry, increase in international sea trade, and stringent marine emission would drive the market for marine fuel injection.
The report also provides an in-depth understanding of the competitive landscape, along with profiles of the leading marine fuel injection market players such as Cummins Inc. (U.S.), Liebherr International AG (Switzerland), Robert Bosch GmbH (Germany), Rolls-Royce Holding PLC. (U.K.), and Caterpillar Inc. (U.S.) Dominant players are trying to penetrate the emerging economies and are adopting various methods, such as signing contracts and agreements, expansions, mergers and acquisitions, and new product launches, to increase their market share.
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This research study involves extensive usage of secondary sources, directories, and databases to identify and collect information useful for this technical, market-oriented, and commercial study of the marine fuel injection technology. The flow of the research methodology is explained below.
Analysis of the shipbuilding industry and new vessel order book for each type of vessel
Analysis of country-wise demand for new marine engines and fuel injection components on the basis of number of shipbuilding yards and their ship building capabilities in each country
Analysis of demand for marine fuel injection; key manufacturing industries supplying marine fuel injection systems
Analyzing market trends in various regions/ countries supported by the on-going shipbuilding order book in each region/ country
Overall market size has been finalized by triangulation with the supply-side data, which include product developments, supply chain, and annual completion of number of ships across the globe
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Scope of the Report:
This study estimates the global marine fuel injection market, in terms of USD till 2021
It offers a detailed qualitative and quantitative analysis of the market
It provides a comprehensive review of major market drivers, restraints, opportunities, challenges, and technological trends of the market
It covers various important aspects of the market. These include analysis of supply chain along with Porter’s five forces model, competitive landscape, market dynamics, market estimates in terms of value, and future trends in the marine fuel injection market.
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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.
The report segments the marine fuel injection market on the basis of its application, power rating (HP range), component, and region. Fuel injector is the only component in marine fuel injection system which is changed frequently, thus it dominated the marine fuel injection market, by component, in 2015.
"Tension Control Market by Type (Automated & Manual), Component (Load Cell, Controller, Diameter Sensor, Dancer Roller, Brake, Clutch), Application (Paper, Flexible Printing & Packaging, Metal & Foil, Others), and Region - Global Forecast to 2022"
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