Industry Background:
The applications of commercial vehicles have been increased over the past few decades, which has led to an increase in global commercial vehicle traffic. In the year 2016, more than 3.5 million heavy trucks and around 23 million commercial vehicles were manufactured and marketed across the world. Thus, the demand for commercial fuel injectors will ultimately increase. Moreover, increasing automation in vehicle injectors will further upsurge the demand for commercial vehicle injectors. The vehicle injector is one of the parts of automobile engines which provides fuel to the combustion chamber of the engine. Nowadays, the vehicle injectors are equipped with sensing mechanism to supply the correct amounts of fuel which also helps in increasing fuel efficiency of the vehicle. However, complex post-purchase maintenance, as well as higher prices, might stagnate the demand for commercial vehicle injectors.This growth is primarily driven by Upsurging Global Commercial Vehicle Traffic will Lead to Increased Demand for Respective Spare Parts and Increasing Automation in Manufacturing Automobile will Escalate the Demand.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies in Study | Robert Bosch GmbH (Germany), Aptiv PLC (Ireland), Continental AG (Germany), Denso Corporation (Japan), Keihin Corporation (Japan), Magneti Marelli SpA (Italy), Hitachi Ltd. (Japan) and Stanadyne LLC (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Adoption of Commercial Vehicle Injectors with Constant Metering Accuracy
. Major Vendors, such as Robert Bosch GmbH (Germany), Aptiv PLC (Ireland), Continental AG (Germany), Denso Corporation (Japan), Keihin Corporation (Japan), Magneti Marelli SpA (Italy), Hitachi Ltd. (Japan) and Stanadyne LLC (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On January 3, 2019, Aptiv PLC (previously known as Delphi) has signed a commercial partnership agreement with a Boston-based MIT Media Lab spin-off and leader in Human Perception artificial intelligence (AI), "Affectiva". This partnership will deliver innovative, scalable software - derived from deep learning architectures - to enhance perception capabilities in advanced safety solutions and reimagine the future of the in-cabin experience.
Regulatory Insights:
European Union has mandated numerous emission standards for newly launched commercial as well as passenger vehicles with the primary objective to regulate the emission of nitrogen oxides (NOx ), total hydrocarbon (THC), non-methane hydrocarbons (NMHC), carbon monoxide (CO) and particulate matter (PM). For Instance; EU Regulation No 443/2009 sets an average CO2 emissions target for new passenger cars of 130 grams per kilometer. The target is gradually being phased in between 2012 and 2015. A target of 95 grams per kilometre will apply from 2021.
Market Drivers
- Upsurging Global Commercial Vehicle Traffic will Lead to Increased Demand for Respective Spare Parts
- Increasing Automation in Manufacturing Automobile will Escalate the Demand
Market Trend
- Adoption of Commercial Vehicle Injectors with Constant Metering Accuracy
- Introduction to More Flexible Vehicle Injectors Layouts
Restraints
- Comparatively Expensive Commercial Fuel Injectors
- Bad Quality Fuel can Hamper the Efficiency of Fuel Injectors
Opportunities
Robust Demand for Automobiles from APAC region and Environmentally Favourable Spare Part which Assists in Cleaner and Greener Emissions
Challenges
Only Professional Mechanic with Proper Equipment can Resolve the Problems and Availability of Seldom Manufacturers might Create Supply Demand Volatility
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Commercial Vehicle Injectors Study Sheds Light on
The Commercial Vehicle Injectors Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Commercial Vehicle Injectors industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Commercial Vehicle Injectors industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.