The global automotive fuel injector market size was valued at US$ 65.14 billion in 2022 and is expected to reach US$ 125.18 billion by 2032, with a compound annual growth rate (CAGR) of 6.8% during the forecast period 2023 to 2032.
Automotive fuel injector refers to a component is responsible for the final delivery of fuel in the fuel injection system. High pressure fuel is delivered to the injector that is activated by a fuel injector control module or an engine control unit. When activated, the injector momentarily opens a valve that permits a precise amount of fuel to move into the combustion chamber. The fuel injector comprises of a valve that is opened by means of either fuel pressure or an electric solenoid valve. The amount of fuel to be injected in the cylinder depends on the timing of the valve opening. The injector is an alternative source of fuel injection for the carburetor, in which fuel is drawn because of the downward stroke of the piston. While, in case of an injector, the fuel is injected at a high pressure, by using a fuel pump.
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Report Highlights | Details |
Market Size in 2023 | USD 69.25 Billion |
Market Size by 2032 | USD 125.18 Billion |
Growth Rate from 2023 to 2032 | CAGR of 6.8% |
Fastest Growing Market | North America |
Largest Market | Asia Pacific |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | Vehicle Type, Pressure Range, Mounting, Fuel Injected, Type of Nozzle, Activating Source, Sales Channel, Regional Outlook |
Growth Factors
Fuel injectors are a precise way of performing atomization, mixing, and injection of fuel inside the cylinder. The need for varying air-fuel mixture requirements, as per the condition of loading and speed, is satisfied by the injectors besides this the carburetors are not capable to perform the same. The injector supplies a definite amount of fuel according to the requirement that increases the overall efficiency of the engine. The above-mentioned factor contributes as the key factor that drives the market for automotive fuel injector.
On the other hand, shorter lifespan of injectors compared to the carburetors along with their higher cost are the main factors expected to restrict the market growth for the automotive fuel injector. Furthermore, repair of an injector is very critical. Apart from this, the rate of total unburnt hydrocarbons rises because of direct injection of the fuel that leads to increase in pollution.
Report Highlights
Regional Snapshots
The Asia Pacific led the global automotive fuel injector market with the highest value share owing to significant demand for personal transportation in the region. In addition, the region anticipated to witness flourishing growth over the forecast timeframe. This is mainly attributed to the rising purchasing power of people, higher percentage of global population compared to other regions, and supportive policies of regulatory bodies for emission standards. Countries such as China, India, Japan, Korea, Thailand, and other Asian countries have circulated to emission standards across the country to curb the alarming rate of air pollution in the region.
Key Players & Strategies
The global automotive fuel injector market is dominated by some of the major market players. These industry participants invest prominently in the research & development (R&D) activity to gain significant share on the global scale along with maintaining their market foot print. Merger & acquisition, partnership, collaboration, and joint venture are some of the common growth strategies adopted by the market players to establish their competitive edge. Consumer preference for automotive industry is highly variable along with timely changing norms regulatory bodies have forced the fuel injector manufacturers to invest significantly in the R&D sector.
Some of the prominent players in the automotive fuel injector market include:
Segments Covered in the Report
By Vehicle Type
By Pressure Range
By Mounting
By Fuel Injected
By Type of Nozzle
By Activating Source
By Sales Channel
By Regional Outlook
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