This industry research report covers the growth prospects of the global automotive fuel injector market with segmentations based on the vehicle type (passenger cars, light commercial vehicles, and heavy commercial vehicles), engine (gasoline and diesel), and geography (EMEA, Americas, and APAC). It also includes an insightful analysis of the leading vendors in this market, such as Bosch, Continental AG, Delphi Automotive, and Denso.
Technavio has released a new market research report on the global automotive fuel injector market, which is expected to grow at a CAGR of 3% between 2016 and 2020. The growing need to control vehicle emissions and to increase the overall fuel efficiency of automobiles is expected to impel the adoption of fuel injectors in the automotive industry during the forecast period. APAC is the largest market for automotive fuel injectors, occupying around 52% of the overall market share. Factors like the high penetration of diesel-based automobiles in this geography are expected to enhance further the prospect for market growth during the forecast period.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“”Of late, the market is witnessing shift towards laser micromachining in fuel injector manufacturing. The process involves the use of an injector nozzle drilling system that can precisely drill spinnerets as per different hole diameters, according to different range angles. This method is suitable for small- to medium-sized injectors, owing to the short drilling time and low tooling costs,” says Siddarth Jaiswal, Lead Analyst, Automotive, Technavio Research.
Technavio’s market research analysts have estimated the passenger cars segment to lead the global market for automotive fuel injectors during the forecast period. This segment currently accounts for more than 58% of the total market share and is estimated to retain its dominating hold over the market by 2020 owing to the augmented demand for passenger cars from across the globe
The key players in the global automotive fuel injector market include Bosch, Continental AG, Delphi Automotive, and Denso. This market is fragmented due to the presence of well-diversified global and regional players. The competitive environment of this market is likely to intensify with an increase in R&D innovations in the coming years. The market is also expected to experience a growing trend of local acquisitions by the leading players. The key players in the market are expected to diversify their geographical presence with a focus on APAC during the forecast period.
A more detailed analysis is available in the Technavio report, Global Automotive Fuel Injector Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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