DUBLIN, March 2, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/g23x5h/injector_nozzle) has announced the addition of the "Injector Nozzle Market - Global Forecast to 2020" report to their offering.
The global injector nozzle market is projected to grow from $3.95 billion in 2015 to $5.33 billion by 2020, at a CAGR of 6.2% from 2015 to 2020. The increasing demand for automobiles, necessity for fuel-efficient vehicles, and stringent emission standards are major factors influencing the growth of the global injector nozzle market.
The passenger cars segment is the largest vehicle type segment with 75.3% share in the total vehicle production, in 2014. This growth in the passenger cars segment is mainly attributed to the increase in disposable income owing to industrialization, easy availability of finances, and changing buyer preferences towards self-owned luxury transport, among others.
The passenger cars segment is projected to grow at a high CAGR over the next five years. On the other hand, industrialization & construction activities and increase in mining & other industrial activities have influenced the demand for commercial vehicles. Countries in the Asia-Oceania region, especially China and India are projected to witness a substantial growth in the commercial vehicles segment. All these factors have equally contributed to the growth of the injector nozzle market.
Asia-Oceania is the leading region in the injector nozzle market, owing to growth in the manufacturing sector in this region. In addition to this, low production cost in the Asia-Oceania region as compared to western countries, easy availability of economic labor, and lenient emission & safety regulations are also propelling the growth of the injector nozzle market.
- Continental Ag
- Delphi Automotive Plc
- Denso Corporation
- Infineon Technologies Ag
- Keihin Corporation
- Magneti Marelli S.P.A.
- Robert Bosch Gmbh
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Market Overview
5 By Fuel Type
6 By Vehicle Type
7 By Technology
8 By Geography
9 Competitive Landscape
10 Company Profiles
For more information visit http://www.researchandmarkets.com/research/g23x5h/injector_nozzle
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SOURCE Research and Markets