Automotive Hydrogen Gas Injector Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 Segmented By Vehicle Type (Passenger Car, LCV, M&HCV), By Demand Category (OEM vs Replacement), By Flow Rate (Upto 2gallon/sec and Above 2gallon/sec), and By Region
The global automotive hydrogen gas injector market is projected to grow at a significant CAGR during the forecast period, 2023-2027. The market growth can be attributed to the increasing electric vehicle sales and favorable government regulations supporting the manufacturing of electric vehicles. The automotive hydrogen gas injector is the primary component in the hydrogen supply path of the electric vehicle’s fuel cell.When the fuel-cell control unit requests it, a hydrogen gas injector feeds the required amount of hydrogen for the stack in a fuel cell system.
A continuous, need-based hydrogen supply is required for a fuel cell system. It has a shut-off function that prevents the use of an additional medium-pressure valve and is found in various vehicles ranging from passenger cars to heavy-duty commercial vehicles. Several economies around the world have set targets for reducing vehicle emissions by 2050.Support from government authorities in several countries favoring long-range, emission-free vehicles by offering income tax rebates and subsidies to electric vehicle manufacturers and buyers is expected to accelerate electric vehicle sales.
High-end investments by world leaders in developing electric vehicle charging stations and hydrogen fueling stations are likely to create opportunities for OEMs to grow globally and expand their income and consumer base.Electric vehicle batteries are becoming less expensive due to technological advancements and the mass production of electric vehicles.
The reduced cost of batteries is lowering the cost of electric vehicles, which is expected to boost sales of electric vehicles. High sales of electric vehicles are anticipated to create demand for electric vehicle components as environmental concerns grow.A hydrogen gas injector is an essential part of electric vehicles.
As a result of high electric vehicle sales, the global automotive hydrogen gas injector market is expected to expand rapidly. Fuel cell electric vehicles outperform ICE vehicles in terms of fuel economy.Hybridization can potentially improve fuel economy and the development of efficient transportation infrastructure.
Because of emerging technologies and equipment, fuel cell electric vehicles can travel further on a fully charged battery than battery electric vehicles.Because they have a longer driving range and a higher fuel economy than other electric vehicles, fuel cell electric vehicles offer a more cost-effective solution to consumers.
The global demand for fuel cell electric vehicles is expected to influence the global automotive hydrogen gas injector market due to several advantages such as noiseless operation, zero-emission of greenhouse gases, and air pollutants. Fuel cells are considered to be ideal for automotive and transportation applications.The fuel cell can be used as a stationary fuel source for commercial applications and consists of versatile and easily scalable sources of electricity that can be used for buses, trains, cars, material handling vehicles, and other vehicles.
The United States has a large number of hydrogen fuel stations and has implemented carbon emission regulations and laws. During the forecast period, growing fuel cell sales are expected to drive growth in the global automotive hydrogen gas injector market. The global automotive hydrogen gas injector market is segmented by vehicle type, demand category, flow rate, regional distribution, and company.Based on the vehicle type, the global automotive hydrogen gas injector market is divided into passenger car, LCV and M&HCV.
The passenger car segment is expected to register the highest growth in the market during the forecast period, owing to the increasing sales and production of passenger vehicles. Key players operating in the global automotive hydrogen gas injector market are Robert Bosh GmbH, Clean Air Power Ltd., HyTech Power, LLC, Cummins Inc., Aisin Industries Co. Ltd., among others.
• To analyze the historical growth in the market size of the global automotive hydrogen gas injector market from 2017 to 2021. • To estimate and forecast the market size of global automotive hydrogen gas injector market from 2023 to 2027 and growth rate until 2027. • To classify and forecast the global automotive hydrogen gas injector market based on vehicle type, demand category, flow rate, region, and company. • To identify the dominant region or segment in the global automotive hydrogen gas injector market. • To identify drivers and challenges for the global automotive hydrogen gas injector market. • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global automotive hydrogen gas injector market. • To identify and analyze the profiles of leading players operating in the global automotive hydrogen gas injector market. • To identify key sustainable strategies adopted by market players in global automotive hydrogen gas injector market. The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers across the country.
Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.
Through this technique, the analyst could include the manufacturers who could not be identified due to the limitations of secondary research. The analyst examined the manufacturers, distribution channels and presence of all major players across the country. The analyst calculated the market size of the Global automotive hydrogen gas injector market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key Target Audience:
• Market research and consulting firms • Government bodies such as regulating authorities and policy makers • Organizations, forums, and alliances The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global automotive hydrogen gas injector market has been segmented into following categories, in addition to the industry trends which have also been detailed below: • Automotive Hydrogen Gas Injector Market, By Vehicle Type: o Passenger Car o LCV o M&HCV • Automotive Hydrogen Gas Injector Market, By Demand Category: o OEM o Replacement • Automotive Hydrogen Gas Injector Market, By Flow Rate: o Up to 2gallon/sec o Above 2gallon/sec • Automotive Hydrogen Gas Injector Market, By Region: o North America United States Canada Mexico o Asia-Pacific China India Japan Malaysia Thailand Indonesia Vietnam South Korea o Europe & CIS Germany France United Kingdom Spain Italy Belgium Russia o South America Brazil Argentina Colombia o Middle East & Africa South Africa UAE Saudi Arabia Egypt
Company Profiles: Detailed analysis of the major companies present in global automotive hydrogen gas injector market.
With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of additional market players (up to five).
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By The Business Research Company
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