Fuel Injector Market Size, Share, Opportunities, And Trends By Type (Direct Fuel Injection, Semi-Direct Fuel Injection, Throttle Body Injection), By Fuel Type (Petrol, Diesel), By End-User (Automotive, Aerospace & Defense, Marine), And By Geography - Forecasts From 2023 To 2028

Fuel injectors are electronic devices that inject fuel into the combustion chamber of an internal combustion engine. Fuel injectors can be found in gasoline and diesel engines, and the different types of fuel injectors include port fuel injectors, throttle body injectors, and direct fuel injectors. Strict emission regulations across the globe in the automotive industry are increasing the focus on developing fuel-efficient engines that emit lower levels of harmful pollutants. The market for fuel injectors is primarily driven by the increasing demand for fuel-efficient vehicles and the growing preference for diesel engines.

The growing automotive industry will boost the fuel injector market.

The growing fuel prices and stricter pollution restrictions are increasing the need for fuel-efficient automobiles, and are leading to the development of new engine technologies which require high-quality fuel injectors. The demand for fuel injectors for hybrid and plug-in hybrid vehicles is expected to increase as the automotive industry is showing an increase in production output. According to the International Organization of Motor Vehicle Manufacturers (OICA), the production of passenger vehicles has grown globally up to 4.6% from 2020 to 2021. According to The Society of Indian Automobile Manufacturers (SIAM), the passenger vehicle segment saw a growth of 14.5% in August 2021 compared to the same month in the previous year. According to the Society of Motor Manufacturers and Traders (SMMT), the automobile industry in the UK had a turnover of £82 billion in 2019 and in the first half of 2021, new car registrations and vehicle production increased compared to the same period in 2020. The automobile industry's investment in technology, research and development, and expansion in developing economies will drive the fuel injectors market growth.

During the forecast period, the Asia Pacific region is expected to hold a significant market share.

The growing automotive industry with an increasing focus on fuel efficiency and emission reduction in countries such as China, India, and Japan, is driving the demand for fuel injectors in the region. In 2021, the Japanese government announced a new initiative to promote collaboration between automobile manufacturers and suppliers to accelerate the development of advanced technologies, including fuel injectors. The Indian government announced the “Vehicle Scrappage Policy” in 2020 to encourage the scrapping of old and polluting vehicles and the policy aims to reduce vehicular pollution, promote fuel-efficient vehicles, and boost the automobile industry. These factors all add to market growth in the Asia Pacific region of fuel injectors market growth.

Key Developments

August 2021: Bosch, a leading manufacturer of automotive components, introduced the Gasoline Injection Valve 3 (GDi 3) which is a new fuel injection system for gasoline engines that improves fuel efficiency and reduces emissions.

February 2021: Denso Corporation, a Japanese automotive components manufacturer, announced the development of a new fuel injection system called the i-ART 4, which improves the performance and fuel efficiency of diesel engines.

Segmentation:

• By Type

• • Direct Fuel Injection
  • Semi-Direct Fuel Injection
  • Throttle Body Injection
• By Fuel Type

• • Petrol
  • Diesel
• By End User

• • Automotive
  • Aerospace & Defense
  • Marine
• By Geography

• North America

• • USA
  • Canada
  • Mexico

• South America

• • Brazil
  • Argentina
  • Others

• Europe

• • UK
  • Germany
  • France
  • Spain
  • Others

• Middle East and Africa

• • Saudi Arabia
  • UAE
  • Others

• Asia Pacific

• • China
  • Japan
  • India
  • South Korea
  • Australia
  • Other