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Injector Nozzle Market Overview- Continental AG, Denso Corporation, Delphi Automotive PLC, Magneti Marelli S.p.A., Robert Bosch GmbH

04-03-2019 01:58 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Injector Nozzle Market Overview- Continental AG, Denso

The global injector nozzle market is majorly driven by increasing demand for more fuel-efficient vehicles, stringent fuel efficiency norms and significant growth in the passenger car segment. In Europe and North America, the emission norms and fuel economy are crucial factors, which have impelled automotive manufactures to increase the usage of lightweight materials to enhance fuel efficiency in vehicles; thus, driving the growth of the injector nozzle market. In North America, Environmental Protection Agency (EPA) introduced emission standards for cars and light trucks.

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According to the government regulations in Europe, the average emission level of new cars reduced by 160 gram per kilometer (g/km) during 2006-2012. The regulation requires reducing the emission levels from new cars to 95 g/km till 2020. Such stringent regulations have resulted in extensive use of lightweight materials by automobile manufacturers. In addition, the Organization of the Petroleum Exporting Countries (OPEC) imposed new regulations on its members and restricted the production and export of crude oil. This has a negative impact on the crude supply to the developing countries including India, Brazil, China and others, which mainly rely on the crude imports. These imports can be reduced by increasing fuel efficiency in vehicles by using injector nozzle, thus leading to increase its increased demand.

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Diesel–fueled vehicles have higher demand as diesel engines provide better fuel-efficiency, as compared to gasoline due to high thermal energy of diesel. This is also driving the growth of the injector nozzle market.

In 2015, North America was the fastest growing market for injector nozzle, as the demand for domestic vehicles increased and witnessed a positive year-on-year growth during 2012 – 2015. Asia-Pacific is estimated to witness the fastest growth during the forecast period, as compared to other countries due to low production cost and availability of labor and emission norms, which is boosting the growth of the injector nozzle market.

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Some of the major competitors in the global injector nozzle market include Continental AG, Denso Corporation, Delphi Automotive PLC, Magneti Marelli S.p.A., Robert Bosch GmbH, Keihin Corporation, and Infineon Technologies AG.

About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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