About Automotive Fuel Injector
Fuel injector is a device designed to inject the engine system with the right amount of fuel at high pressure through a small nozzle, causing atomized fuel flow to the engine. Therefore, the air-fuel mixture is always balanced with the driving conditions. Fuel injectors like carburetors is a mechanical device operated by electronic sensors to optimize the performance of the engine in any driving conditions by maintaining the ideal air-fuel ratio. Fuel injectors are located at every cylinder in the engine.
Technavio’s analysts forecast the global automotive fuel injector market to grow at a CAGR of 2.46% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive fuel injector market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Fuel Injector Market 2017-2021
Technavio recognizes the following companies as the key players in the global automotive fuel injector market: Continental, Delphi*, Denso, and Bosch.
Other Prominent Vendors in the market are: Hyundai KEFICO, Eaton, Keihin, Infineon Technologies, Stanadyne Holdings Inc., STMicroelectronics, and Standard Motor Products.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing penetration of GDI engines. The GDI gasoline direct injection engine uses a turbocharger or a turbo supercharge to enhance the air intake when the vehicle is moving. This technology optimizes fuel usage at high loads and low speeds of the automotive.”
According to the report, one driver in the market is high demand for fuel-efficient vehicles. Fuel prices play a major role in determining the type of vehicle to be purchased in cost-sensitive emerging countries. Moreover, developed countries like the US and countries in the EU have standards for monitoring fuel efficiency of vehicles. For instance, Corporate Average Fuel Economy standards formulated by the US monitor fuel efficiency of vehicles, thereby driving vehicle manufacturers to replace carburetors with electronic fuel injection systems. Fuel injection systems increase the fuel efficiency of the vehicle without compromising the performance output of the engine, thus ensuring a balance between performance and fuel efficiency of the vehicle.
Further, the report states that one challenge in the market is minimal product differentiation and high competition. The government regulations on emissions and customer demand for fuel-efficient and high-performance vehicle have made fuel injectors an integral part of automotive. The competition among the top OEMs that manufacture this component is very high. The minimum product feature differentiation is a major factor that contributes to the competition. The minimal product differentiation provides a high bargaining power to the buyer, thereby providing the buyer flexibility to purchase from any OEMs within the price range of the buyer.
Continental, Delphi*, Denso, and Bosch, Hyundai KEFICO, Eaton, Keihin, Infineon Technologies, Stanadyne Holdings Inc., STMicroelectronics, and Standard Motor Products.