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Global Fuel Delivery Systems Market to Reach $6.2 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Fuel Delivery Systems estimated at US$5 Billion in the year 2020, is projected to reach a revised size of US$6.2 Billion by 2027, growing at a CAGR of 3.2% over the analysis period 2020-2027. Stop Valves, one of the segments analyzed in the report, is projected to record a 2.9% CAGR and reach US$3.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Flow & Pressure Safety Switches segment is readjusted to a revised 4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 5.3% CAGR
The Fuel Delivery Systems market in the U.S. is estimated at US$1.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 5.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$785.9 Million by the year 2027.



Gas Regulators Segment to Record 3% CAGR
In the global Gas Regulators segment, USA, Canada, Japan, China and Europe will drive the 3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$528.5 Million in the year 2020 will reach a projected size of US$641.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 3.2% CAGR through the analysis period.