Automotive fuel injectors are devices that atomize and inject fuel into the cylinder of an internal combustion engine at the end of the compression stroke to ignite combustion and deliver power. These devices play an essential role in the proper functioning of an internal combustion engine and are widely used in all types of engines that are used in the automotive industry at present.
Increasing carbon dioxide (CO2) and other harmful gas emissions from vehicles due to internal combustion engines have resulted in the implementation of stringent emission norms by governments around the world to reduce the environmental impact of vehicle emissions.
This factor is set to fuel innovation in the market as car injector suppliers focus on making their products sustainability-compliant and also bolster the sales of fuel injector cleaners and fuel injector cleaning machines in the future.
Surging sales of vehicles, robust automotive manufacturing activity, growing per capita disposable income, frequent launches of new passenger cars and commercial vehicles, rising investments in R&D of novel automotive fuel injection systems, and increasing popularity of the engine downsizing trend are key aspects that could shape future automotive fuel injector sales.
On the contrary, growing sales of electric vehicles and rising prices of gasoline and diesel around the world are anticipated to be key restraining factors that obstruct market development in the long run. Rising consumer awareness regarding sustainability and vehicular emissions is also expected to hurt automotive fuel injector demand to a certain extent going forward.
Key Takeaways from Market Study:
· Worldwide automotive fuel injector demand is set to increase at 5.6% CAGR over the next ten years.
·Passenger cars are anticipated to lead the deployment of automotive fuel injectors over the decade.
· High Focus on Sustainability and Rising Sales of Electric Vehicles
· Japan, China, Korea, and India are witnessing robust demand for fuel injectors and this can be ascribed to increasing automotive production activity and rising sales of vehicles owing to increasing disposable income.
·Aspiring automotive fuel injector companies can mimic such innovations and come up with novel products to gain a share in the global marketplace.
Market Competition
Leading automotive fuel injector manufacturers are making efforts to capitalize on changing consumer preferences and the implementation of stringent emission standards by launching new products that reduce emissions and comply with evolving norms.
- In September 2022, Westport Fuel Systems, a leading name in advanced fuel delivery systems and component manufacturing, unveiled its new fuel system for sustainable internal combustion engines working on hydrogen as a fuel. The new HDPI system by Westport enables the reduction of CO2 emissions while providing adequate power and torque for heavy-duty trucks.
These insights are based on a report on Automotive Fuel Injectors Market. By Fact.MR.
