Automotive Fuel Processing System Market Size & Share | Statistics Report 2025
According to credible estimates, automotive fuel processing system (FPS) market is expected to grow considerably during 2020-2025. Growing demand for efficient fuel systems to improve vehicle mileage, coupled with surging need to combat volatile prices of fuel is encouraging the adoption of automotive fuel processing systems. Moreover, stringent government rules restricting carbon emission levels are driving the demand for advanced automotive fuel processing systems.
Rapid growth of automotive and transportation sectors, especially in emerging nations such as India and China will bolster the demand for these systems in the forthcoming years. Fuel processing system identifies critical performance issues and optimizes fuel consumption. It helps to reduce manual labor through automatic monitoring of the components, which in turn is driving the product demand. Increasing implementation of these systems for commercial purposes such as in heavy trucks for logistics and bus fleets for transportation will reduce the overall cost and maximize the profit of the businesses, hence augmenting the industry outlook.
On the other hand, added costs of automotive fuel processing systems coupled with the lack of awareness regarding the benefits of these systems especially in emerging economies will hinder the market growth during the forecast period.
Based on the type, hardware segment of automotive fuel processing system industry is slated to grow decently over the study timeframe. Hardware components include automatic tank gauge systems and fuel control systems. Automatic tank gauge monitors the leakage in a tank over a time period. Furthermore, it provides information regarding the fuel level, volume and temperature, water level and alerts the operator/driver in case of low or high levels of fuel. The system eliminates human errors and ensures safety by negating the need for manually gauging a tank. On the other hand, fuel control systems play a key role in delivering optimal fuel to the engine as per the power required. The ability of these hardware components to ensure crucial functioning of vehicle is driving the product demand in the automotive industry.
Speaking of the application spectrum, commercial car segment is anticipated to register modest growth during the analysis period. Increasing penetration of smartphone and connected vehicles, coupled with rising issue of traffic congestion across the world is contributing towards the popularity of shared mobility services. Increasing efforts by companies such as Ola and Uber to promote ride sharing and organize transportation is boosting the demand for commercial cars, thereby favoring the automotive fuel processing system market share.
As per the regional analysis, global automotive fuel processing system (FPS) market is divided into U.S., Canada, Mexico, UK, Germany, Russia, France, Italy, India, China, Korea, Japan, Southeast Asia, Brazil, Argentina, Saudi Arabia, Egypt, and South Africa. According to reliable sources, automotive fuel processing system market in Asia Pacific is expected to account for a significant market share by the end of 2025. The growth can be attributed to rapid urbanization and industrialization in the region, coupled with inflowing investments in the automotive sector. Shifting emphasis of manufacturers to develop light vehicle components in tandem with growing adoption of technologies such as fuel theft detection systems are contributing towards the growth of APAC automotive fuel processing system market.
Major players of global automotive fuel processing system market are DENSO, BOSCH, Hella, ABC Group, Continental, Toyota, Hitachi, and Honeywell.