Injector Nozzle Market Size, Share, Segment Analysis, Growth Drivers and Forecast to 2023

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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.



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 In addition, the Organization of the Petroleum Exporting Countries (OPEC) imposed new regulations on its members and restricted the production and export of crude oil. This has a negative impact on the crude supply to the developing countries including India, Brazil, China and others, which mainly rely on the crude imports. These imports can be reduced by increasing fuel efficiency in vehicles by using injector nozzle, thus leading to increase its increased demand.

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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.

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