The global automotive fuel injector market is anticipated to grow at a CAGR of 6.0% during the forecast period (2022-2028). Automotive fuel injectors are generally defined as the electronically controlled valves that are supplied with pressurized fuel by the fuel pump and when energized atomize the fuel into a fine mist so that it can burn easily in the vehicle’s engine. Various types of components such as injectors, electronic control unit, fuel pumps, pressure regulators, and sensors form the automotive fuel injector. The market growth is majorly attributable to the significant demand for automobile cars globally as a result of increase in per capita income, increased urbanization & industrialization, growth in the living standards, and change in consumer preferences. For instance, as per the OICA (International Organization of Motor Vehicle Manufacturers), total vehicle sales including the passenger cars and light commercial vehicles, had increased to 92,654,055 units in 2018 from 91,458,490 units in 2016. Such augmented vehicle sales have surged the growth of the global automotive fuel injector market.
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This market growth is also attributed to the increasing purchasing power of people, and supportive policies of regulatory bodies for emission standards. Countries such as China, India, Japan, Korea, Thailand, and other countries have circulated to emission standards across the country to curb the alarming rate of air pollution in the region. Adding to this, key emission norms of various regions including the China-VI, Euro-6, and PROCONVE P-8 have also pushed the demand for gasoline engines. This, as a result, has augmented the growth of passenger car exhaust gas turbochargers production, thereby driving the global market growth.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Vehicle Type
- By Pressure Range
- By Activating Source
- Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape: Robert Bosch GmbH, Continental AG, and BorgWarner Inc., among others.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Automotive Fuel Injector Market Report by Segment
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicle
- Heavy Commercial Vehicle
By Pressure Range
- Low Pressure Injectors
- High Pressure Injectors
By Activating Source
- Electronic Unit Injector
- Hydraulic Unit Injector
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