Marine Fuel Injection System Market worth 5.20 Billion USD by 2021

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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.

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Marine Fuel Injection System Market worth 5.20 Billion USD by 2021 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. 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. Sample Request: http://www.marketsandmarkets.com/requestsample.aspid78212165 The major players of market 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. Asia-Pacific would see the highest growth for the marine fuel injection market The report covers five regions namely Asia-Pacific Europe the Middle East Africa North America and South America. The Asia-Pacific region is expected to witness high growth to demand marine fuel injection from 2016 to 2021. Moreover increase in the commercial vessel and inland waterways vessel order book would drive the marine fuel injection market. Request for Customization: http://www.marketsandmarkets.com/requestCustomization.aspid78212165 Commercial vessel application to dominate the marine fuel injection market during the forecast period Marine fuel injection systems have been categorized into three applications namely commercial vessels inland waterways and offshore support vessels. Commercial vessel application held around more than half of the marine fuel injection market share in 2015. Commercial vessels include containership cargo vessel tanker and bulker among others. Growth in sea borne trade would eventually increase the number of vessels used for trading goods across countries. This drives the market for marine fuel injection for commercial

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applications. Majority of commercial vessels are built in China South Korea and Japan thus the demand for marine fuel injection systems will be high in these countries. Fuel injector component to hold the major share of the marine fuel injection market during the forecast period On the basis of component the marine fuel injection market has been segmented into fuel injector fuel pump fuel valves Electronic Control Unit ECU and others. The fuel injector segment dominated the market followed by ECU and other components. Fuel injectors undergo high amount of wear tear due to which they have limited life. They have to be replaced in order to maintain the required injection pressure in the engine. Therefore the market for marine fuel injector components is expected to grow at the highest CAGR during the forecast period. Download Brochure: http://www.marketsandmarkets.com/pdfdownload.aspid78212165 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30000 high growth niche opportunities/threats which will impact 70 to 80 of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80 of global Fortune 1000 companies as clients. Almost 75000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities identify most important customers write "Attack avoid and defend" strategies identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1500 Micro Quadrants Positioning top players across leaders emerging companies innovators and strategic players annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets flagship competitive intelligence and market research platform "RT" connects over 200000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: MarketsandMarkets™ 701 Pike Street Suite 2175 Seattle WA 98101 United States Email: salesmarketsandmarkets.com

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