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Automotive Nitrous Oxide System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

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An engine powered by nitrous oxide system ensures better performance by utilizing oxygen to burn fuel stems from the decomposition of nitrous oxide instead of air. In addition, nitrous oxide systems increases the rate of internal combustion of power output in the engine by ensuring the burning of fuel at a higher rate than its normal process. This occurs due to the partial pressure of oxygen provided in the fuel mixture by nitrous oxide systems. Nitrous oxide is basically an oxygen carrier, which helps to pump more air into the cylinders of the engine. Nitrogen oxide comprises of two molecules of nitrogen bonded with one molecule of oxygen and therefore its chemical name is N2O. It is used in its liquid form and is converted into its gaseous state when released in the atmosphere. Nitrous oxide is neither a fuel nor flammable as it comprises of 36% of oxygen by weight, which makes it an oxidizer.

In dry nitrous systems, extra fuel is introduced through fuel injectors by keeping the manifold completely dry of fuel. The flow of fuel can be improved by increasing the pressure of fuel injection system or by manipulating the automobile’s computer. Dry nitrous systems heavily rely on nozzles that are of single type, which sprays nitrous through it and not fuel and nitrous. In wet single-point nitrous systems, nitrous and fuel is introduced together in the engine. Nitrous oxide systems have the capability of improving the performance of vehicles to a large extent but at the same it also has reliability and longevity issues. The deployment of nitrous oxide systems puts the engine and other parts such as connecting rods, pistons and crankshafts under huge stress. Engines, having low performing components and parts can get seriously damaged, cracked or completely destroyed if the right amount of nitrous oxide is used by the engine.

Increasing popularity of car races and need for high performance vehicles is set to motivate the growth of automotive nitrous oxide system market globally. In addition, high penetration of nitrous oxide system manufacturers in emerging markets of Asia Pacific, Middle East and Africa, and Latin America is another vital reason propelling the growth of this market. However, high research and development cost associated with the development of high performance nitrous oxide systems is set to inhibit the growth of this market. Stringent regulations and emission guidelines set up by the government of various countries and restriction on street races are also major factors set to influence the growth of this market negatively.

The automotive nitrous oxide system market can be classified by type of nitrous systems and by components. By type of nitrous systems, the market can be segregated as wet single-point, wet direct port, plenum bar and propane or CNG. By components, the market can be classified as carbureted plate systems, EFI systems, direct port systems, powersport systems, controllers and others.

In the automotive nitrous oxide system market, North America holds the largest market share in terms of revenue followed by Europe, Asia Pacific, Latin America and, Middle East and Africa (MEA). The growth of automotive nitrous oxide system market in North America and Europe is significantly high compared to other regions. However, the automotive nitrous oxide system market in the Asia Pacific region is expected to grow at a huge rate, considering the usage and application of nitrous oxide system in automobiles in countries such as China, India and Japan, where the demand and production of automobiles is extremely high.

The key players in the automotive nitrous oxide system market include Holley, Nitrous Direct, Highpower Systems UK Ltd., Nitrous Express Inc. and Akamoto among others. 

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market     
     

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.


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