The global injector nozzle market is majorly driven by increasing demand for more fuel-efficient vehicles, stringent fuel efficiency norms and significant growth in the passenger car segment. In Europe and North America, the emission norms and fuel economy are crucial factors, which have impelled automotive manufactures to increase the usage of lightweight materials to enhance fuel efficiency in vehicles; thus, driving the growth of the injector nozzle market. In North America, Environmental Protection Agency (EPA) introduced emission standards for cars and light trucks. According to the target set by EPA, the permissible emission from a passenger car should not exceed 225 grams per miles (g/mi) in 2016. The planned permissible emission limits for passenger cars is 143 g/mi for 2025 in North America. Similarly, the permissible combined fuel economy for cars and trucks is 35.5 miles per gallon (mpg) for 2016, which would increase up to 54.5 mpg by 2025 in North America.
According to the government regulations in Europe, the average emission level of new cars reduced by 160 gram per kilometer (g/km) during 2006-2012. The regulation requires reducing the emission levels from new cars to 95 g/km till 2020. Such stringent regulations have resulted in extensive use of lightweight materials by automobile manufacturers.
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Injector nozzle is used to inject the required amount of fuel inside the combustion chamber after acquiring a signal from electronic sensors in the vehicle. The fuel coming to the nozzle is at a high pressure, which is passed through further thrust into the engine cylinder. The fuel injected is in the form of spray. Various parameters are considered while making a nozzle, such as nozzle shape, size of the hole, injector sac and injector seat, which helps in maintaining the engine performance and reducing emission from engine.
Diesel–fueled vehicles have higher demand as diesel engines provide better fuel-efficiency, as compared to gasoline due to high thermal energy of diesel. This is also driving the growth of the injector nozzle market.
In 2015, North America was the fastest growing market for injector nozzle, as the demand for domestic vehicles increased and witnessed a positive year-on-year growth during 2012 – 2015. Asia-Pacific is estimated to witness the fastest growth during the forecast period, as compared to other countries due to low production cost and availability of labor and emission norms, which is boosting the growth of the injector nozzle market.
Some of the major competitors in the global injector nozzle market include Continental AG, Denso Corporation, Delphi Automotive PLC, Magneti Marelli S.p.A., Robert Bosch GmbH, Keihin Corporation, and Infineon Technologies AG.
