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T ABLE OF C ONTENTS
1. Executive Summary
Market Scenario
Market Segmentation
Competitive Landscape
Future Outlook
2. Research Methodology
2.1. Market Definition and Size
2.2. Abbreviations
2.3. Market Size and Modeling
Research Methodology
Market Sizing Approach
Variables Dependent And Independent
Multifactor Based Sensitivity Model
Regression Matrix
Limitations
Conclusion
3. India Automotive Fuel Injection Market Overview and Genesis
4. Value Chain Analysis of India Automotive Fuel Injection Systems Market
4.1. Major Entities Involved in Value Chain
4.2. Major Problem in Value Chain
5. India Automotive Fuel Injection Systems Market Size, FY2012-FY2017
6. India Automotive Fuel Injection Systems Market Segmentation
6.1. By Automotive Segment (Two-Wheeler, Four Wheeler, Light and Heavy Duty
Commercial Vehicle and Others), FY2017
6.2. By OEM and Aftermarket Sales, FY2017
6.3. By Technology (Gasoline Port Injection, Gasoline Direct Injection and Diesel Direct
Injection), FY2017
6.4. By Component (Engine Control Unit, Fuel Injectors, Fuel Pressure Regulator and
Fuel Pump), FY2017
6.5. By Organized and Unorganized Sector, FY2017
7. Snapshot on Comparison of Fuel Injection Systems with Carburetors
8. Pricing Scenario for Automotive Fuel Injection Systems
9. Trade Scenario for Automotive Fuel Injection Systems in India
9.1. By Exports (Value and Major Destinations), FY2011-FY2016
9.1.1. Fuel Injection Equipment (Spark Ignition Engine), FY2011-FY2016
9.1.2. Fuel Injection Equipment (Compression Engine), FY2011-FY2016
9.2. By Imports (Value and Major Destinations), FY2011-FY2016
9.2.1. Fuel Injection Equipment (Spark Ignition Engine), FY2011-FY2016
9.2.2. Fuel Injection Equipment (Compression Engine), FY2011-FY2016
10. Trends and Developments in India Automotive Fuel Injection Systems Market
11. Snapshot on Emission Norms in India
12. Issues and Challenges in India Automotive Fuel Injection Systems Market
13. Porter Five Forces Analysis in India Automotive Fuel Injection Systems Market
Low Threats of New Entrants
Moderate Bargaining Power of Consumers
High Rivalry Among Competitors
Moderate Bargaining Power of Suppliers
Low Threat of Substitutes
14. End User Analysis for Purchasing Fuel Injection Systems
14.1. Decision Making Parameters OEMs Consider Before Purchasing Fuel Injection
Systems
14.2. Problems Which OEMs Generally Face From Manufacturers
15. Competitive Landscape of Major Players in India Automotive Fuel Injection Systems
Market
15.1. Bosch Limited
15.2. Delphi-TVS
15.3. Cummins Technologies India Private Limited
15.4. Unorganized Manufacturers in India Automotive Fuel Injection System Market
16. Market Share of Major Organized Players in India Automotive Fuel Injection Systems
Market
17. India Automotive Fuel Injection Systems Market Future Outlook and Projections,
FY2018-FY2022
Replacement of Carburetors
Stringent Emission Norms
17.1. By Automotive Segment, FY2022
17.2. By OEM and Aftermarket, FY2022
18. Analyst Recommendations
19. Macroeconomic Factors Affecting India Automotive Fuel Injection Systems Market
19.1. Two Wheeler Production, FY2012-FY2022
19.2. Three Wheeler Production, FY2012-FY2022
19.3. Passenger and Commercial Vehicles, FY2012-FY2022
19.4. India Used Car Sales, FY2012-FY2022
19.5. Aluminium Prices, FY2012-FY2022
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L IST OF F IGURES
Figure 3-1: Evolution of Fuel Injection Systems
Figure 4-1: Value Chain Analysis of India Automotive Fuel Injection Systems Market
Figure 5-1: India Automotive Fuel Injection Systems Market on the Basis of Revenue in INR
Billion and Growth Rate in Percentage (%), FY2012-FY2017
Figure 6-1: India Automotive Fuel Injection Systems Market Segmentation by Automotive
Segment on the Basis of Revenue in Percentage (%), FY2017
Figure 6-2: Proportionate Share of Existing Vehicles in India on the Basis of by Volume in
Percentage (%), FY2016
Figure 6-3: India Automotive Fuel Injection Systems Market Segmentation by OEM and
Aftermarket on the Basis of Revenue in Percentage (%), FY2017
Figure 6-4: India Automotive Fuel Injection Systems Market Segmentation by Technology on
the Basis of Revenue in Percentage (%), FY2017
Figure 6-5: India Automotive Fuel Injection Systems Market Segmentation by Component on
the Basis of Revenue in Percentage (%), FY2017
Figure 6-6: India Automotive Fuel Injection Systems Market Segmentation by Organized and
Unorganized Sectors on the Basis of Revenue in Percentage (%), FY2017
Figure 9-1: India Automotive Fuel Injection Systems Market Exports for Spark Ignition
Engine by Value in INR Million and Growth Rate in Percentage (%), FY2011-FY2016
Figure 9-2: India Automotive Fuel Injection Systems Market Exports for Spark Ignition
Engine on the Basis of Major Destination by Value in Percentage (%), FY2016
Figure 9-3: India Automotive Fuel Injection Systems Market Exports for Compression Engine
by Value in INR Million and Growth Rate in Percentage (%), FY2011-FY2016
Figure 9-4: India Automotive Fuel Injection Systems Market Exports for Compression Engine
on the Basis of Major Destination by Value in Percentage (%), FY2016
Figure 9-5: India Automotive Fuel Injection Systems Market Imports for Spark Ignition
Engine by Value in INR Million and Growth Rate in Percentage (%), FY2011-FY2016
Figure 9-6: India Automotive Fuel Injection Systems Market Imports for Spark Ignition
Engine on the Basis of Major Destination by Value in Percentage (%), FY2016
Figure 9-7: India Automotive Fuel Injection Systems Market Imports for Compression
Engine by Value in INR Million and Growth Rate in Percentage (%), FY2011-FY2016
Figure 9-8: India Automotive Fuel Injection Systems Market Imports for Compression
Engine on the Basis of Major Destination by Value in Percentage (%), FY2016
Figure 11-1: Timeline of Emission Standards Implementation in India, China and Europe
Figure 13-1: Effect of Porters Five Forces on India Automotive Fuel Injection Systems
Market
Figure 15-1: Financial Performance of Bosch on the Basis of Revenue Generated from Sale of
Fuel Injection Systems in INR Billion, FY2014-FY2016
Figure 15-2: Financial Performance of Bosch by Business Segments on the Basis of Revenue
in Percentage (%), FY2016
Figure 15-3: Location Wise Capital Expenditure of Bosch in Percentage (%), FY2016
Figure 15-4: Financial Performance of Delphi-TVS on the Basis of Revenue Generated from
Sale of Fuel Injection Systems in INR Billion, FY2011-FY2016
Figure 15-5: Financial Performance of Delphi-TVS by Product Type on the Basis of Revenue
in Percentage (%), FY2016
Figure 16-1: Market Share of Major Organized Players in India Automotive Fuel Injection
Systems Market on the Basis of Revenue in Percentage (%), FY2016
Figure 17-1: India Automotive Fuel Injection Systems Market Future Outlook on the Basis of
Revenues in INR Billion and Growth Rate in Percentage (%), FY2018-FY2022
Figure 17-2: India Automotive Fuel Injection Systems Market Future Outlook Segmentation
by Automotive Segment on the Basis of Revenue in Percentage (%), FY2022
Figure 17-3: India Automotive Fuel Injection Systems Market Future Outlook Segmentation
by OEM and Aftermarket on the Basis of Revenue in Percentage (%), FY2022
Figure 19-1: Two Wheeler Production in terms of Million Units, FY2012-FY2022
Figure 19-2: Three Wheeler Production in terms of Units, FY2012-FY2022
Figure 19-3: Passenger and Commercial Vehicles Production in terms of Million Units,
FY2012-FY2022
Figure 19-4: India Used Car Sales in terms of Million Units, FY2012-FY2022
Figure 19-5: Aluminium Prices in terms of INR/Ton, FY2012-FY2022
L IST OF T ABLES
Table 2-1: Correlation Matrix of India Automotive Fuel Injection Systems Market
Table 2-2: Regression Coefficients Output of India Automotive Fuel Injection Systems
Market
Table 4-1: Value Chain Challenges in India Automotive Fuel Injection Systems Market
Table 5-1: Rationale and Description for India Automotive Fuel Injection Systems Market
Size by Revenues, FY2012-FY2017
Table 5-2: Proportionate Vehicle Sales in India on the Basis of Volume in Units and Growth
Rate in Percentage (%), FY2012-FY2017
Table 6-1: Rationale and Description for India Automotive Fuel Injection Systems Market
Segmentation by Automotive Segment on the Basis of Revenues in INR Billion, FY2017
Table 6-2: Rationale and Description for India Automotive Fuel Injection Systems Market
Segmentation by OEM and Aftermarket Sales on the Basis of Revenues in INR Billion,
FY2017
Table 6-3: Rationale and Description for India Automotive Fuel Injection Systems Market
Segmentation by Technology on the Basis of Revenues in INR Billion, FY2017
Table 6-4: Rationale and Description for India Automotive Fuel Injection Systems Market
Segmentation by Component on the Basis of Revenues in INR Billion, FY2017
Table 6-5: Rationale and Description for India Automotive Fuel Injection Systems Market
Segmentation by Organized and Unorganized Sector on the Basis of Revenues in INR
Billion, FY2017
Table 7-1: Comparison of Carburetor and Fuel Injection System
Table 8-1: Pricing Scenario of Gasoline Fuel Injection Systems
Table 8-2: Pricing Scenario of Diesel Fuel Injection Systems
Table 10-1: Trends and Developments in India Automotive Fuel Injection Systems Market
Table 11-1: Proposed Emission Standards by Vehicle Category
Table 12-1: Issues and Challenges in India Automotive Fuel Injection Systems Market
Table 14-1: Decision Making Parameters that OEMs Consider Before Purchasing Fuel
Injection System in India Automotive Fuel Injection Systems Market
Table 14-2: Problem Which OEMs Generally Face from Manufacturers
Table 15-1: Bosch Company Profile Including Company Overview, Manufacturing Facilities,
Distribution Network, and Number of Employees, Business Strategies and other KPIs
Table 15-2: Delphi-TVS Company Profile Including Company Overview, Manufacturing
Facilities, Distribution Network, and Number of Employees, Business Strategies and other
KPIs
Table 15-3: Company Profile of Cummins India including Company Overview,
Manufacturing Facilities, Distribution Network, and Number of Employees, Business
Strategies and other KPIs
Table 15-4: List of Major Unorganized Automotive Fuel injection System Manufacturers in
India
Table 16-1: Competitive Framework of Major Organized Players in India Automotive Fuel
Injection Systems Market
Table 16-2: Market Share of Major Organized Players in India Automotive Fuel Injection
Systems Market on the Basis of Revenue in INR Billion, FY2016
Table 17-1: India Automotive Fuel Injection Systems Market Future Outlook and Rationale,
FY2018-FY2022
Table 17-2: India Automotive Fuel Injection Systems Market Future Outlook Segmentation
by Automotive Segment, FY2022
Table 17-3: India Automotive Fuel Injection Systems Market Future Outlook Segmentation
by OEM and Aftermarket, FY2022
Table 18-1: Analyst Recommendations for India Automotive Fuel Injection Systems Market
Table 19-1: Rationale and Description for Two Wheeler Production in terms of Million Units,
FY2012-FY2022
Table 19-2: Rationale and Description for Three Wheeler Production in terms of Units,
FY2012-FY2022
Table 19-3: Rationale and Description for Passenger and Commercial Vehicles Production in
terms of Million Units, FY2012-FY2022
Table 19-4: Rationale and Description for India Used Car Sales in terms of Million Units,
FY2012-FY2022
Table 19-5: Rationale and Description for Aluminium Prices in terms of INR/Ton, FY2012-
FY2022
75.00
70.00
INR Billion
65.00
60.00
FY'2012 FY'2013 FY'2014 FY'2015 FY'2016 FY'2017
Light and heavy duty commercial vehicles The OEM (Original Equipment Manufacturer)
accounted for the largest market share in market is entirely organized with car
terms of revenue in FY2017. manufacturing companies procuring fuel
Comparatively higher cost and shorter injection systems from their developers or
service life resulted in the high sales of fuel manufacturing it themselves. Therefore, OEMs
injection systems in this segment. Large had a strong market share in both gasoline and
number of commercial vehicles operating diesel based injection systems. Bosch was by far
in the country coupled with high the largest player operating in both OEM and
replacement demand resulted in high sales aftermarket segment.
of fuel injection systems for light and OEM comprised for a market share of ~% as
heavy commercial vehicles in FY2017. compared to ~% by aftermarket sales as of
Moreover, sales of commercial vehicles FY2017. Profit margin for fuel injection systems
also grew by 4.2% in FY2017. manufacturers is usually around ~% in the OEM
All four wheelers today are equipped with segment.
port or direct fuel injection systems.
Owing to high sales of four wheeler Table: India Automotive Fuel Injection
passenger cars in the country, fuel Systems Market Segmentation by OEM and
injection systems meant for four wheelers Aftermarket Sales and Rationale for Revenues,
accounted for a considerable market share FY2017
in terms of revenue in FY2017. Revenues in INR Billion,
Segment
FY2017
Table: India Automotive Fuel Injection
Systems Market Segmentation by OEM
Automotive Segment and Rationale for Aftermarket
Revenues, FY2017 Total
Revenues in INR
Automotive Segment
Billion, FY2017 Replacement demand for defective common rail
Light and Heavy diesel injection systems, especially from light
Commercial Vehicle and heavy commercial vehicles, coupled with
Four Wheeler
steady replacement of carburetors in two
Two Wheeler
wheelers has resulted in ~% market share of
Others
aftermarket sales, as of FY2017. Profit margin
Total
for fuel injection systems manufacturers is
Fuel injection systems for two wheelers
usually around ~% in the aftermarket segment.
and other vehicles including three
It is estimated that auto & auto parts industry in
wheelers and off-road vehicles comprised
India will have to invest over USD 10 billion to
for the rest of the market share as of
be able to manufacture BS-VI compliant cars.
FY2017.
Investments have to be made progressively over
the next three years in line with the market
demand.
As of FY2016, Bosch was by far the market leader in India automotive fuel injection system
market. The company supplied fuel injection systems to almost all the leading auto
manufacturer in the country. Bosch occupied a market share of ~% in FY2016 by registering
revenues of INR ~ billion. Delphi-TVS comprised for a market share of ~% with revenues
worth INR ~ billion in FY2016. Cummins accounted for a market share of ~% and sold fuel
injection systems worth INR ~ billion in FY2016. All other companies including the likes of
Stanadyne, Dellorto India Pvt. Ltd., UCAL Fuel System Limited and several more
comprised for the remaining ~% market share in FY2016.
Table: Market Share of Major Players in India Automotive Fuel Injection Systems Market on the
Basis of Revenue in INR Billion and Percentage (%), FY2016
Market Share in
Company Revenue in INR Billion, FY2016
Percentage (%)
Bosch ~ ~
Delphi-TVS ~ ~
Cummins Technologies ~ ~
Others ~ ~
Total ~ ~
Competitive Landscape of Major Players including detailed company profiles for each of the
companies in the space.
The market for fuel injection systems in India Auto OEMs in the country would have
is expected to be driven majorly by the rise in preferred a more phased shift to BS-VI norms
production and sale of automobiles including over a period of 6-7 years. OEMs will have to
two wheelers, four wheelers, light and heavy work with the suppliers to customize the
commercial vehicles coupled with solution for the Indian market. There is a
replacement demand of carburetors and fuel tremendous opportunity for domestic
injection systems to comply with stricter suppliers engaged in fuel injection systems to
regulatory norms in the next five years. continuously innovate and develop
Replacement of Carburetors: Till now major proprietary technologies suitable for
mass segment bikes were working with the complying with BS-VI norms. The real
conventional carburetor system. However, challenge will be in providing BS-VI compliant
now days with the introduction of electronic vehicles to the end consumers at affordable
fuel injection system, which is one of the most prices. Rising vehicle sales and replacement of
favorable and promising technologies, has old injection systems once BS-VI is
attracted the attention of many. Electronic fuel implemented will further aid in the market
injection (EFI) systems have been proven to be growth of fuel injection systems in the
15-20% more fuel-efficient than carburetors country.
and companies such as Bosch claims to have In the short term, increasing sales of two-
developed them at a similar price range of that wheelers coupled with high replacement
of carburetors. As a result, EFI systems are demand of carburetors is expected to augment
deemed to gain popularity amongst the growth of fuel injection systems market in
motorcycle enthusiasts and are likely to the country. Automotive fuel injection systems
witness rapid adoption going forward. market in India is expected to grow from INR
Stringent Emission Norms: The recent ~ billion in FY2017 to INR ~ billion in
ambitious move by the central government of FY2022. Overall, the market is anticipated to
India to by BS-V and straightaway leap into grow at a healthy CAGR of ~% during the
BS-VI emission norms by 1st April, 2020 has period FY2017-FY2022.
presented a huge market opportunity for fuel Figure: India Automotive Fuel Injection
injection system manufacturers. Since Systems Market Future Outlook on the Basis
automakers are destined to comply by the of Revenue in INR Billion, FY2018-FY2022
emission norms, manufacturers are required 82.00
80.00
to step up their investments and quickly
INR Billion
78.00
develop fuel injection systems for the Indian 76.00
market that meet the emission standards. 74.00
Although this will most probably result in 72.00
incline in prices of fuel injection systems, this 70.00
68.00
move by the government has opened up huge 66.00
market opportunities for the organized FY'18 FY'19 FY'20 FY'21 FY'22
manufacturers.
Competitive Landscape
Categories Particulars
Bosch Limited
Delphi-TVs
Cummins Technologies
Denso
Companies
Stanadyne
Mentioned
Denso
Dellorto India Pvt. Ltd
UCAL Fuel System Limited
Synerject
Gasoline Port Injection System
Products
Gasoline Direct Injection System
Mentioned
Diesel Direct Injection System
Comprehensive analysis of the fuel injection systems market and its segments
Industry is presented by automotive segment; by OEM and Aftermarket, by
Technology and by Organized and Unorganized sector
Listed major players and their positioning in the market
Identified major industry developments in last few years and assess the future
growth of the industry
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