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Two Wheeler Fuel Injection System Market

Market Insights on Two Wheeler Fuel Injection System covering sales outlook, demand forecast & up-to-date key trends

Two-Wheeler Fuel Injection System Market Vehicle by Engine Type, Sales Channel & Region - Forecast to 2022-2032

Two Wheeler Fuel Injection System Market Snapshot

The global two-wheeler fuel injection system market is projected to have an average-paced CAGR of 6.8% during the forecast period. The current valuation of the market is US$ 10.48 billion in 2022. The market value of the two-wheeler fuel injection system market is anticipated to reach a high of US$ 20.23 billion by the year 2032. A historical market valuation of US$ 9.81 billion has been recorded in the analysis conducted by Future Market Insights.

Report Attribute

Details

Two-wheeler Fuel Injection System Market Value (2022)

US$ 10.48 billion

Two-wheeler Fuel Injection System Market Anticipated Value (2032)

US$20.23 billion

Two-wheeler Fuel Injection System Projected Growth Rate (2022-2032)

6.8%

The two-wheeler fuel injection system has been witnessing an unprecedented surge over the past few years owing to its assistance in achieving the exact air-fuel ratio for two-wheelers. In recent years, there has been a tremendous increase in vehicular population, which is fueling the market size for two-wheeler fuel injection systems.

FMI has analyzed that governments in various countries have imposed stringent emission norms on two-wheeler manufacturers to develop emission-free engines in order to curb the rising vehicular emission. Due to the existence of numerous international and regional companies, the market for the two-wheeler fuel injection system market is very competitive. To strengthen their position in the market, major players are implementing a variety of methods, including product portfolio growth and regional development. The key players are adopting various business strategies, such as mergers and acquisitions, to expand their geographic presence and consumer base across the world.

However, it has also been identified by the expert analysts at FMI that rapid development in research and development activities is taking place across diverse regions, which has resulted in electric bike manufacturing, and this aspect is likely to curb the growth of conventional fuel injection systems.

It is anticipated that the rapid expansion of small and medium-scale industries across the countries is likely to create an opportunity for vehicle parts manufacturers. In the base year, China witnessed around 15,984 thousand two-wheeler vehicle sales and is likely to grow during the forecast period, which is likely to increase the demand for fuel injection systems across the country.

Key players in the market are acquiring other potent manufacturers of two-wheeler fuel injection systems and strengthening their electronic and power electronic capabilities, which is anticipated to enhance the combustion, commercial vehicles, and aftermarket businesses. Sport adventure tourers are launched that are integrated with sensors to provide data to the electronic fuel injection to monitor and deliver the ideal amount of fuel to match the riding conditions.

Therefore, it is anticipated that the two-wheeler fuel injection system market is likely to witness a significant surge during the forecast period due to all these advances prevailing in the industry.

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Historic Market Outlook for Two-Wheeler Fuel Injection System Market

Increasing demand for premium two-wheelers is boosting the two-wheeler fuel injection system market growth, with the top 5 key players holding 44% of the global two-wheeler fuel injection system market by the end of 2022.

The market is propelled by the increasing sales of scooters. The demand for scooters has increased significantly as they are easy to handle, compact, and provide more fuel efficiency when compared to motorcycles. Young individuals and females are opting for scooters owing to their numerous advantages. In many countries, the issue of traffic congestion is on the rise and thus many working professionals are moving towards scooters as an efficient way of commuting.

As the demand for two-wheelers increases, the demand for fuel injection systems also increases. A new forecast by FMI analysis estimates that two-wheeler fuel injection system sales will augment during 2022-2032 and is anticipated to create a growth opportunity of US$ 7.1 Bn.

The Global Two Wheeler Fuel Injection System Market witnessed a CAGR of 2.1%& during the historic period with a market value of US$ 10.8 Bn in 2022.

The demand for two-wheeler fuel injection systems is growing, owing to the increasing demand for motorcycles in rural areas. Increasing disposable income of the middle-class population in the developing region is expected to propel the demand for two-wheelers in the market which is projected to increase the sales and production of new two-wheelers. The rising adoption of two-wheelers by teenagers and young working professionals mainly because of the affordability, ease of accessibility, and less expenditure on service and spare parts as compared to cars has bolstered the demand for motorcycles. Increasing motorcycle sales are anticipated to directly affect the demand for two-wheeler fuel injection systems across the globe during the forecast period.

Motorcycles are now being increasingly preferred for adventure and touring activities. In a bid to get an open-air feel and avoid traffic overcrowding, tourists favor motorcycles and scooters over four-wheelers as their mode of transportation. This factor is one of the prime factors responsible for the high sales of two-wheelers, thereby prompting the growth of fuel injection systems in the market. The local citizens also prefer scooters and motorcycles for daily commuting over four-wheelers, which is another factor driving the two-wheelers market, thereby boosting the sales of the fuel injection system.

The global Two Wheeler Fuel Injection System Market is expected to grow by 1.6X during the forecast period.

Which factors are influencing the sales of the Two Wheeler Fuel Injection System Market?

The global market for two-wheeler fuel injection systems is being driven by rising government regulations for a clean economy and ecosystem balance. The global market for two-wheeler fuel injection systems will expand owing to environmental concerns, the cost savings factor, and lower fuel consumption when compared to conventional fuel injection systems.

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).

Nikhil Kaitwade
Principal Consultant
LinkedIn
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Category-wise Insights

Which Sales channel offers a Lucrative Growth Opportunity for the Global Two Wheeler Fuel Injection System Market?

The global market for two-wheeler fuel injection systems is expected to be dominated by OEM (Original Equipment Manufacturer). The global two-wheeler fuel injection system market by OEM segment is anticipated to grow at 4.9% CAGR by volume over the forecast period. The Europe and Asia region contributes a prominent share by OEM. Key players in the market are partnering with prominent automotive manufacturers to achieve significant profitability and penetrate several regions.

Country-wise insights

What is the Two Wheeler Fuel Injection System Market outlook in China?

China is one of the largest motorcycle producers in the globe. High motorcycle demand on a domestic and worldwide level has fueled the growth of motorcycle manufacturing in China. Moreover, China's motorcycle exports have experienced sustained growth since the Belt and Road Initiative (BRI) infrastructure project which began in 2013. Today, in China, manufacturing of various sorts of motorbikes is done, in both models and functionality. The increasing production of two-wheelers in China is anticipated to boost the growth of the two-wheeler fuel injection system. China is estimated to hold around 46.8% value share of the East Asia Two Wheeler Fuel Injection System Market in 2022.

How will India influence the market for Two wheeler Fuel Injection Systems?

Increasing awareness regarding lower carbon emissions, the ease of maneuvering through road congestion, higher fuel efficiency, and providing an inexpensive mode of conveyance in comparison to four or three-wheeled vehicles are some of the factors driving the demand for motorcycles in India. In both urban and rural India, two-wheelers are one of the most significant and practical forms of mobility. Motorcycles are the most popular type of vehicle followed by scooters The increasing demand for motorcycles is indirectly fueling the demand for fuel injection systems. India two wheeler fuel injection system market is anticipated to grow at 4.4% CAGR during the forecast period.

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Competitive Landscape

The key players operating in the Two Wheeler Fuel Injection System Market are focusing on expanding their market presence to meet the growing demand for two-wheelers during the projected period. Also, the key players are adopting collaboration & joint venture strategies with vehicle manufacturers to expand their revenue.

Scope of the Report

Attribute

Details

Growth Rate

CAGR of 6.8% from 2022 to 2032

Base Year for Estimation

2022

Historical Data

2017-2021

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Million, Volume (Units), and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis

Segments Covered

  • Vehicle Type
  • Engine Type
  • Sales Channel
  • Region

Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • The Middle East and Africa

Key Countries Covered

  • US
  • Canada
  • Mexico
  • Brazil
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • BENELUX
  • Russia
  • China
  • Japan
  • South Korea
  • India
  • ASEAN
  • ANZ
  • GCC Countries
  • Turkey
  • South Africa
  • Northern Africa

Key Companies Profiled

  • 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
  • Edelbrock LLC

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Available upon Request

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

Frequently Asked Questions

In 2021, the value of the Global Two Wheeler Fuel Injection System Market reached over US$ 10.2 Bn.

During the forecast period, the Global Two Wheeler Fuel Injection System Market is estimated to expand at a CAGR of 5.2% during 2022-2032.

The Global Two Wheeler Fuel Injection System Market is projected to reach US$ 17.9 Bn by the end of 2032.

The key players operating in the Two Wheeler Fuel Injection System Market are Delphi Automotive PLC, Robert Bosch GmbH, Ucal Fuel systems Ltd., Magneti Marelli S.p.A., and Mikuni Corporation.

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Nikhil Kaitwade
Principal Consultant
LinkedIn
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Two Wheeler Fuel Injection System Market