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.

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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 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.

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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.

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.
Market Ecosystem:-
The marine fuel injection market starts with raw material suppliers, which include cast iron, steel, and aluminum & copper suppliers. This is then designed, molded, and assembled by the marine fuel injection manufacturers. The manufactured system in then supplied to the end-users (marine engine manufacturers) through distributors. The marine fuel injection manufacturers include Robert Bosch (U.S.), Rolls-Royce (L’Orange) (U.K.), Woodward (U.S.), and Yanmar (Japan) among others. The end-users include marine engine manufacturers such as Cummins (U.S.), Caterpillar (U.S.), and Rolls-Royce (U.K.).
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