Press release
Automotive Fuel Injectors Market Revenue, Opportunity, Forecast and Value Chain 2018-2028
Automotive sector has been witnessing significant growth since the past few years. Tier 1 companies account for a 40% revenue share of the overall automotive fuel injectors market. Of these, top 6 companies such as Robert Bosch GmbH, Denso Corporation, Delphi Technologies PLC, Continental AG, Hitachi Automotive Systems Ltd., and Federal-Mogul Corporation collectively account for around 50% share in tier 1 range in the automotive fuel injectors market.
New product launches, facility expansions and strategic acquisitions in the automotive fuel injectors marketplace have been a major focus of these companies. Top 6 companies have been relying on joint ventures, especially in emerging economies in a bid to grasp new opportunities. For instance, Federal-Mogul Corporation is largely investing in India and has entered into new joint ventures, one in China and another in Thailand, especially focusing on aftermarket for automotive fuel injectors. These ventures are in line with the company’s growth strategy for its expansion in Asia Pacific.
New Emission Norms in Emerging Economies to Impact Growth; Global Automotive Fuel Injectors Scenario to Showcase a Similar Transition
Emission norms initiated by regulatory bodies and governments across various countries continue to impact the automotive fuel injectors space. Manufacturers of automotive fuel injectors, in compliance with emission norms are focused on developing advanced injectors for vehicles. For instance, China released the China VI emission standards, particularly for heavy-duty vehicles, which is more stringent than the Euro VI emission standards.
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The BS-VI norm was initiated by the Petroleum Ministry of India in a bid to reduce air pollution in the country. Against this backdrop, manufacturers of automotive fuel injectors have been focused on developing to meet 2019.2020 BS-VI norms via electronic automotive fuel injectors. For instance, Stanadyne LLC developed gasoline automotive fuel injectors that are economical and facilitate reduced emissions.
Manufacturers of automotive fuel injectors are also venturing into developing automotive fuel injectors for CNG engines for passenger cars, such as Delphi’s DI-CNG automotive fuel injectors.
Growing Automotive Sales Fueling Automotive Fuel Injectors Demand
The prospects of automotive fuel injectors are directly linked to the growth of the automotive industry. Growth in vehicle sales can be directly associated with vehicle production, which has been on an upswing, particularly across emerging economies. According to European Automobile Manufacturers Association (ACEA) vehicle production in China was maximum in 2017, accounting for a 30 percent share of the overall vehicle production, followed by EU that stood at 24 percent. Moreover, increasing sales of passenger cars and commercial vehicles are expected to augur well for the growth of the automotive fuel injectors market. OICA reveals that the global vehicle production (passenger and commercial vehicles) grew by 2,325,965 (+2.36%) units in 2017 over 2016 and the rate is expected to increase in the coming years. This factor continues to remain a key influencer of growth for automotive fuel injectors market.
Rising Adoption of Electric Vehicles to Impact Sales of Automotive Fuel Injectors
Government regulations regarding carbon dioxide emissions from vehicles in order to reduce environmental damage has translated into growing production and adoption of electric vehicles worldwide. According to IEA (International Energy Agency), in 2017, over one million electric vehicles were sold. Under International Energy Agency New Policies Scenario, sales of electric vehicles are expected to touch 125 million by 2030.
Sales of automotive fuel injectors are likely to face challenges with the introduction and use of BEVs (Battery Electric Vehicles) and PHEVs (Plug-in Hybrid Electric Vehicles), particularly in the developed countries. This factor remains a key challenge for the growth of the automotive fuel injectors market.
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Engine Downsizing – New Trend Shaping the Automotive Fuel Injectors Market
Original equipment manufacturers in the automotive space have been focused on downsizing engines in a bid to comply with emission regulations. CDA (Cylinder Deactivation) technology was adopted by OEMs that facilitates variable displacement improving fuel economy in large engines. This trend of engine downsizing translated into development of automotive fuel injectors that are compatible with such engines, enabling superior engine performance, higher fuel economy and reduced nitrous oxide emissions.
Competitive Landscape
The report on automotive fuel injectors market provides thorough analysis on major players involved in the distribution and manufacturing of automotive fuel injectors. The competitive landscape chapter in the automotive fuel injectors market report covers key aspects such as automotive fuel injectors product portfolio, SWOT analysis, key strategies, expansion plans and new developments. The automotive fuel injectors market report includes profiles of major players such as Delphi Technologies PLC, Hitachi Automotive Systems Ltd., Denso Corporation, Robert Bosch GmbH.
Companies in the automotive fuel injectors market are focusing on new product development in a bid to offer high precision fuel flow. Hitachi Automotive Systems Ltd. is developing advanced automotive fuel injectors using technologies that lessen carbon dioxide emissions alongside improving thermal efficiency of the engine. Apart from higher performance, Hitachi’s automotive fuel injectors also provide optimum drive control and precision fuel injection.
Recently, Robert Bosch GmbH has developed special dual-fuel automotive fuel injectors for gas operated engines. These automotive fuel injectors ensure efficient combustion and ignition of air/gas mixtures delivering higher performance and reducing nitrogen oxide emissions.
In 2018, Delphi Technologies PLC began pilot production of micro-valve automotive fuel injectors – the DFI 21 – that are well suited for heavy and medium duty diesel engines. The company’s new approach toward using closed loop control in automotive fuel injectors would offer life-time precision along with simplicity.
Additionally, LIFE – an organization in the European Union providing funding for research and innovation – has provided Delphi a major grant for starting pilot line for production of DI-CNG (Direct Injection Compressed Natural Gas) automotive fuel injectors for passenger cars. LIFE’s grant – LIFE13 ENV/LU/000460 – offers a contribution of around 43 percent from European Commission Directorate-General Environment against a total investment of US$ 10.1 million by Delphi Technologies PLC. The research project was initiated in June 2014 and concluded in May 2018.
Companies involved in automotive fuel injectors manufacturing are also focused on capacity expansion. For instance, Denso Corporation expanded is involved in developing an additional plant in Japan in a bid to diversify manufacturing lineup to cover powertrain components such as automotive fuel injectors. The new plant would be developing automotive fuel injectors for gasoline engines and fuel pumps. This expansion would further improve its ability to meet customer demand.
Keihin Corporation is also aiming to expand its production capacity and distribution network to offer advanced automotive fuel injectors. In June 2017, the company established the biggest supply system for electronic automotive fuel injectors.
Definition
Automotive fuel injectors are mechanical devices that are electronically controlled. Automotive fuel injectors inject an appropriate amount of fuel in the combustion chamber to create proper fuel-air mixture for optimum combustion. Three types of automotive fuel injectors are available, namely, port fuel automotive fuel injectors, gasoline direct automotive fuel injectors and diesel direct automotive fuel injectors.
About the Report
The report on automotive fuel injectors market is a comprehensive compilation of vital data and insights on demand and sales projections of automotive fuel injectors. Various aspects impacting the growth in sales of automotive fuel injectors are covered in the report. Moreover, the report provides complete analysis on key drivers, trends, opportunities and challenges that impact the overall automotive fuel injectors market’s growth. Analysis on past automotive fuel injectors market data, current automotive fuel injectors market assessment and forecasts on automotive fuel injectors sales are also covered in the report.
Market Structure
The report on automotive fuel injectors market covers detailed segmentation covering all angles of automotive fuel injectors. The automotive fuel injectors market has been segmented on the basis of type, by fuel type, by sales channel, by vehicle type and by region. By type, automotive fuel injectors are categorized into gasoline port fuel injectors, gasoline direct injectors and diesel direct injectors. By fuel type, automotive fuel injectors market is segmented into gasoline and diesel. By sales channel, automotive fuel injectors market is categorized into OEM and aftermarket. In vehicle type segment, analysis on sales of automotive fuel injectors across passenger cars (compact, midsize, premium, luxury and SUV) and commercial vehicles (LCV and HCV) is provided.
The automotive fuel injectors market is thoroughly assessed across key regions in the globe including North America, Latin America, Eastern Europe, Western Europe, Southeast Asia and other Asia Pacific countries, Middle East and Africa (MEA), China and Japan.
Additional Questions Answered
Apart from the above mentioned findings, the automotive fuel injectors market report also answers additional questions such as:
Which type of automotive fuel injectors are widely sold in the market?
Which is the most lucrative fuel type segment apropos to adoption of automotive fuel injectors?
Can aftermarket sales volume surpass those of OEMs in the automotive fuel injectors market?
Which is the most lucrative country with respect to adoption and sales of automotive fuel injectors?
Can sales of automotive fuel injectors in mid-size passenger cars surpass those in compact passenger cars in the future?
Research Methodology
The automotive fuel injectors market report is drafted using a unique research process that includes primary and secondary research methodologies. The data obtained from these processes is triangulated with the information gathered from external sources which facilitates higher accuracy of the researched data apropos to demand and sales of automotive fuel injectors.
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