Automotive sector has been witnessing significant growth since the past few years. Tier 1 companies account for a 40% revenue share of the overall automotive fuel injectors market. Of these, top 6 companies such as Robert Bosch GmbH, Denso Corporation, Delphi Technologies PLC, Continental AG, Hitachi Automotive Systems Ltd., and Federal-Mogul Corporation collectively account for around 50% share in tier 1 range in the automotive fuel injectors market.
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New product launches, facility expansions and strategic acquisitions in the automotive fuel injectors marketplace have been a major focus of these companies. Top 6 companies have been relying on joint ventures, especially in emerging economies in a bid to grasp new opportunities. For instance, Federal-Mogul Corporation is largely investing in India and has entered into new joint ventures, one in China and another in Thailand, especially focusing on aftermarket for automotive fuel injectors. These ventures are in line with the company’s growth strategy for its expansion in Asia Pacific.
New Emission Norms in Emerging Economies to Impact Growth; Global Automotive Fuel Injectors Scenario to Showcase a Similar Transition
Emission norms initiated by regulatory bodies and governments across various countries continue to impact the automotive fuel injectors space. Manufacturers of automotive fuel injectors, in compliance with emission norms are focused on developing advanced injectors for vehicles. For instance, China released the China VI emission standards, particularly for heavy-duty vehicles, which is more stringent than the Euro VI emission standards.
The BS-VI norm was initiated by the Petroleum Ministry of India in a bid to reduce air pollution in the country. Against this backdrop, manufacturers of automotive fuel injectors have been focused on developing to meet 2019.2020 BS-VI norms via electronic automotive fuel injectors. For instance, Stanadyne LLC developed gasoline automotive fuel injectors that are economical and facilitate reduced emissions.
Manufacturers of automotive fuel injectors are also venturing into developing automotive fuel injectors for CNG engines for passenger cars, such as Delphi’s DI-CNG automotive fuel injectors.
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Growing Automotive Sales Fueling Automotive Fuel Injectors Demand
The prospects of automotive fuel injectors are directly linked to the growth of the automotive industry. Growth in vehicle sales can be directly associated with vehicle production, which has been on an upswing, particularly across emerging economies. According to European Automobile Manufacturers Association (ACEA) vehicle production in China was maximum in 2017, accounting for a 30 percent share of the overall vehicle production, followed by EU that stood at 24 percent. Moreover, increasing sales of passenger cars and commercial vehicles are expected to augur well for the growth of the automotive fuel injectors market. OICA reveals that the global vehicle production (passenger and commercial vehicles) grew by 2,325,965 (+2.36%) units in 2017 over 2016 and the rate is expected to increase in the coming years. This factor continues to remain a key influencer of growth for automotive fuel injectors market.
Engine Downsizing – New Trend Shaping the Automotive Fuel Injectors Market
Original equipment manufacturers in the automotive space have been focused on downsizing engines in a bid to comply with emission regulations. CDA (Cylinder Deactivation) technology was adopted by OEMs that facilitates variable displacement improving fuel economy in large engines. This trend of engine downsizing translated into development of automotive fuel injectors that are compatible with such engines, enabling superior engine performance, higher fuel economy and reduced nitrous oxide emissions.
The report on automotive fuel injectors market provides thorough analysis on major players involved in the distribution and manufacturing of automotive fuel injectors. The competitive landscape chapter in the automotive fuel injectors market report covers key aspects such as automotive fuel injectors product portfolio, SWOT analysis, key strategies, expansion plans and new developments. The automotive fuel injectors market report includes profiles of major players such as Delphi Technologies PLC, Hitachi Automotive Systems Ltd., Denso Corporation, Robert Bosch GmbH.
Companies in the automotive fuel injectors market are focusing on new product development in a bid to offer high precision fuel flow. Hitachi Automotive Systems Ltd. is developing advanced automotive fuel injectors using technologies that lessen carbon dioxide emissions alongside improving thermal efficiency of the engine. Apart from higher performance, Hitachi’s automotive fuel injectors also provide optimum drive control and precision fuel injection.
Recently, Robert Bosch GmbH has developed special dual-fuel automotive fuel injectors for gas operated engines. These automotive fuel injectors ensure efficient combustion and ignition of air/gas mixtures delivering higher performance and reducing nitrogen oxide emissions.
In 2018, Delphi Technologies PLC began pilot production of micro-valve automotive fuel injectors – the DFI 21 – that are well suited for heavy and medium duty diesel engines. The company’s new approach toward using closed loop control in automotive fuel injectors would offer life-time precision along with simplicity.
Additionally, LIFE – an organization in the European Union providing funding for research and innovation – has provided Delphi a major grant for starting pilot line for production of DI-CNG (Direct Injection Compressed Natural Gas) automotive fuel injectors for passenger cars. LIFE’s grant – LIFE13 ENV/LU/000460 – offers a contribution of around 43 percent from European Commission Directorate-General Environment against a total investment of US$ 10.1 million by Delphi Technologies PLC. The research project was initiated in June 2014 and concluded in May 2018.
Companies involved in automotive fuel injectors manufacturing are also focused on capacity expansion. For instance, Denso Corporation expanded is involved in developing an additional plant in Japan in a bid to diversify manufacturing lineup to cover powertrain components such as automotive fuel injectors. The new plant would be developing automotive fuel injectors for gasoline engines and fuel pumps. This expansion would further improve its ability to meet customer demand.
Keihin Corporation is also aiming to expand its production capacity and distribution network to offer advanced automotive fuel injectors. In June 2017, the company established the biggest supply system for electronic automotive fuel injectors.
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Automotive Fuel Injectors Market Projected to Experience Major Revenue Boost during the Period betwe
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