Automotive Fuel Systems Market Analysis

Currently, assessing the real impact of the pandemic on the automotive fuel systems market in the short-term as well as the long-term is a challenging endeavor. The pandemic has taken all major economies in its grip, deteriorating the market conditions with the automotive industry being one of the biggest victims of it. It is difficult to state that when the pandemic would start to fade away. However, based on interviews conducted with the leading market stakeholders coupled with the past industry trends (The Great Recession) suggest that the automotive fuel systems market is likely to witness recovery from 2021 onwards, with automotive fuel systems sales reaching close to US$ 16-billion-mark in 2025.