FinancialNewsMedia.com News Commentary 

PALM BEACH, Fla., July 12, 2022 /PRNewswire/ -- The automotive fuel delivery system market, as most, was disrupted by the COVID-19 pandemic, but it is expected to have a strong growth rate through 2027. The market services passenger cars, heavy commercial vehicles, hybrid vehicles, and light commercial and other vehicles. A report from Mordor Intelligence said that: "The automotive fuel delivery system market was valued at USD 3.77 billion in 2021 and is expected to reach USD 5.29 billion by 2027 registering a CAGR of above 5.8% during the forecast period (2022 – 2027). The mobile fuel delivery market is being propelled by rising demand for ease of fuel distribution systems. As the demand for automobiles grows, the sales of mobile fuel delivery systems are also expected to surge. However, the ever-increasing demand for automobiles is driving the adoption of mobile fuel delivery systems. It continued saying: "Automotive fuel delivery system market is expected to witness robust growth across Asia-Pacific region due to increasing sales of passenger and commercial vehicles in coming years, especially in emerging economies such as India and China. Additionally, the increasing penetration of natural gas vehicles among many countries is also expected to positively impact on the Asia-Pacific automotive fuel delivery system market in coming years." Active companies in the markets this week include EzFill Holdings, Inc. (NASDAQ: EZFL), Spire Inc. (NYSE: SR), NGL Energy Partners LP (NYSE: NGL), Murphy Oil Corporation (NYSE: MUR), Marathon Oil Corporation (NYSE: MRO).