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Automotive Fuel Injector Market Size, Share Analysis, Trends, Growth And Forecast 2023-2032 | Robert Bosch GmbH, Siemens AG, Denso Corporation, Continental AG, Eaton Corporation PLC, Hitachi Astemo Ltd.
Automotive Fuel Injector Market Report
The Business Research Company's Automotive Fuel Injector Global Market Report 2023 identifies the increasing demand for passenger vehicles as the major driver for the automotive fuel injectors market's growth in the forecast period. A passenger vehicle is a road motor vehicle designed to accommodate no more than nine people (including the driver) and is used for passenger transportation. A fuel injector pumps fuel into the engine properly to ensure that a passenger vehicle operates as efficiently as possible.
The global automotive fuel injector market is expected to grow from $60.61 billion in 2022 to $65.88 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global automotive fuel injector is expected to reach $88.96 billion in 2027 at a CAGR of 7.8%.
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Major competitors in the automotive fuel injectors market are Robert Bosch GmbH, Siemens AG, Denso Corporation, Continental AG, Eaton Corporation PLC, Hitachi Astemo Ltd.
A key trend in the automotive fuel injectors market includes product innovation. Major companies operating in the automotive fuel injector market are focusing on developing new products to sustain their position in the market. For instance, in December 2021, Stanadyne, a US-based manufacturer of fuel pumps and fuel injectors, launched a fuel injector for gasoline direct injection (GDI) that produces 1,000 bars of pressure. The new injector, which represents innovative technology for the industry, has already surpassed its benchmark performance goals by 20% after achieving 1,200 bar of fuel pressure in preliminary testing. This new generation of gasoline high-pressure direct injection is adaptable to fuel systems from 350 to 1,000 bar and integrates with existing engine architecture. This new gasoline high-pressure direct injection technology combines with existing engine architecture and can handle fuel systems with 350 to 1,000 bar pressures.
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The automotive fuel injectors market is segmented -
•By Type: Throttle Body Injection, Multipoint Fuel Injection, Other Types
•By Fuel: Diesel Fuel Injectors, Gasoline Fuel Injectors
•By Pressure Range: High Pressure Injectors, Low Pressure Injectors
•By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
•By Application: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the automotive fuel injectors market.
The Business Research Company's "Global Automotive Fuel Injector Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Automotive Fuel Injector Market Include:
1. Executive Summary
2. Automotive Fuel Injector Market Characteristics
3. Automotive Fuel Injector Market Trends And Strategies
4. Automotive Fuel Injector Market - Macro Economic Scenario
5. Global Automotive Fuel Injector Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
……
32. Global Automotive Fuel Injector Market Competitive Benchmarking
33. Global Automotive Fuel Injector Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Automotive Fuel Injector Market
35. Automotive Fuel Injector Market Future Outlook and Potential Analysis
36. Appendix
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