Automotive Injector Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The global automotive injector market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The rise in automotive production coupled with government schemes in the automotive industry is anticipated to drive the growth of the automotive injector market. For instance, as per the data published by India Brand Equity Foundation (IBEF) in 2022, India has sold 3.49 million units in passenger and commercial vehicle categories. In October 2021, the total production volume of passenger vehicles reached 2,214,745 units. The luxury car market had registered sales between 28000-33000 units in 2021, up from 20000-21000 units sold in 2020.

Moreover, the automotive industry attracted foreign direct investment worth $30.51 billion between April 2000 and June 2021 accounting for 5.5% of the total FDI during the period according to the data released by the Department of Promotion of Industry and Internal Trade (DPIIT). Additionally, in September 2021, the Indian Government issued a notification regarding a PLI scheme for automobile and auto components worth $3.49 billion. Further, the Government of India projects the automobile sector to attract $8-10 billion in local and foreign investment by 2023. Thus, the rise in automotive production coupled with huge investments and schemes are anticipated to fuel the demand for the global automotive injector market.

The rising government regulation toward vehicle emissions is anticipated to drive the growth of the automotive injectors market. For instance, in December 2021, US Environmental Protection Agency (EPA) revised national greenhouse emissions standards for passenger cars and trucks for model years 2023-2026. The final standards are projected to achieve significant GHC emissions reductions along with reductions in other criteria pollutants.

Looking toward the demand for automotive injectors, key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in December 2019, Piaggio introduced fuel injection technology in Vespa, Aprilia scooters. According to Piaggio India MD, the company had achieved a significant reduction in emissions through its combustion system. Thus, such launches are anticipated to drive the growth of the global automotive injectors market.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Delphi Automotive, Robert Bosch GmbH, Hitachi Ltd., and Continental AG among others

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Automotive Injectors Market Report by Segment

By Type

• Gasoline fuel Injector
• Diesel Fuel Injector

By Application

• Passenger Car (Compact, Sub-Compact, Mid-Size, Sedan, Luxury, and Vans)
• Light commercial Vehicle
• Heavy Commercial Vehicle