Global Automotive Injectors Market Opportunity Assessment to Reveal Lucrative Growth Prospects for Players
New York, NY -- (SBWire) -- 04/05/2019 --Global Automotive Injectors Market: Introduction
Increasing vehicle exhaust emissions are a major factor responsible for the rise of man-made pollution. To overcome this, government authorities across the world are taking precautions to reduce emissions from vehicles which eventually add to the pollution. The government is so insistent on putting regulations to vehicles and vehicles' manufacturers, as these regulations will impel manufacturers to come up with technical changes in vehicles that might lead to reduced emissions. Many advanced systems are developed to minimize the vehicle exhaust emissions and increase the fuel efficiency of the vehicle, one of them is automotive injectors.
Today, automotive fuel injectors have become a necessity – fuel injectors enhances the vehicle fuel efficiency and decreases vehicle emissions. The manufacturers, these days, are focusing on enhancing the production and performance capabilities of automotive fuel injectors to meet the growing demand from the vehicle manufacturers. The Asia-Pacific region holds the largest market share in the global vehicle production. The growing demand for fuel efficient vehicles is estimated to fuel the growth of the automotive fuel injectors market in the Asia-Pacific region.
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The automotive fuel injectors market is primarily segmented on the basis of vehicle type, such as Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles. The passenger cars segment is a major consumer of automotive fuel injectors and since passenger cars are in huge demand all over the world, they will drive growth for the global automotive injectors market. The automotive fuel injectors market is expected to grow at a fast pace during the forecast period. The main focus of the automotive fuel injector manufacturers has always been on OEMs as, in terms of volume, they are the primary consumers of automotive fuel injectors.
Global Automotive Fuel Injectors Market: Dynamics
A key growth driver is expected to be the growth in the automotive production and sales. The growing demand for fuel efficient vehicles is estimated to fuel the growth of the automotive fuel injectors market.
Moreover, stringent emission control regulations imposed by authorities in various regions such as Europe and North America will also drive the growth of the automotive fuel injectors market.
Global Automotive Fuel Injectors Market: Segmentation
On the basis of fuel type, the global automotive fuel Injectors market is segmented into Gasoline and Diesel.
On the basis of vehicle type, the global automotive fuel Injectors market is segmented into Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle. The passenger car segment can be further segmented in to; compact, sub-compact, mid-size, sedan, luxury, and vans.
Global Automotive Fuel Injectors Market: Regional Outlook
The Asia-Pacific region is estimated to hold the largest market share in the automotive fuel injectors market during the forecast period. The major share of diesel-based automotive vehicles in the Asia-Pacific automotive market is estimated to support the growth of the market during the forecast period.
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Europe and North America are expected to be the prominent automotive injectors market due to stringent emission regulations in these regions. Apart from this, growing demand for fuel efficient vehicles is also growing the automotive injectors market. Japan is expected to show stagnant growth in the automotive fuel injectors market over the forecast period. Increasing demand for cars and heavy duties vehicles in Middle East & Africa and Latin America will lead to increased demand for automotive fuel injectors and hence, the market expected to show high growth during the forecast period.
Global Automotive Fuel Injectors: Market Players
Examples of some of the market participants identified across the value chain of global automotive Fuel Injectors market are Robert Bosch GmbH, Delphi Automotive PLC, Continental AG, Denso Corporation, Keihin Corporation, Magneti Marelli SpA, Hitachi Ltd., and Stanadyne LLC among others.
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