ID: MRFR/IA - E/1605-HCR | February 2021 | Region: Global | 100 pages
Diesel common rail injection system market is estimated to reach around USD 25 Billion by 2025, registering a CAGR of ~4% during the forecast period.
The growing number of modern diesel engines drives the demand for common rail direct injection (CRDi) fuel systems. For instance, Perkins Engines Company Limited a subsidiary of Caterpillar Inc. applies CRDi technology to its different electronic products ranging from 400 to1200 series having 3, 4, 5, and 6 cylinders. Furthermore, the growing demand for gasoline direct injection system, stringent emission control standards, rising sales of off-highway commercial vehicles, and developing mining and industrial activities globally are accelerating the market growth.
The prominent players operating in the global diesel common rail injection system market are Robert Bosch GmbH (Germany), Delphi Automotive PLC (UK), Denso Corporation (Japan), Continental AG (Germany), Federal-Mogul Corporation (US), Magneti Marelli (Italy), Hyundai KEFICO (South Korea), Siemens Deka Inc., (US), Ganser CRS AG (Switzerland), and Eaton Corporation (US).
The shift toward electric vehicles, volatile raw material prices, and fluctuation in crude oil prices are factors restraining the growth of the global market. However, rapid expansion of automotive industry in developing regions, deployment of powertrain system in automobiles, and growing demand for autonomous vehicles are providing growth opportunities for vendors operating in the global common rail injection system market.
Segmentation: Diesel Common Rail Injection System Market
Market Research Future The global diesel common rail injection system market has been segmented based on fuel injector, vehicle type, and region. On the basis of fuel injector, the global market has been segmented into solenoid and piezoelectric. Based on vehicle type, the global diesel common rail injection system market has been segmented into passenger car and commercial vehicle.
Based on geography, the global diesel common rail injection system market has been studied for Europe, North America, Asia-Pacific, and the rest of the world. The market in Asia-Pacific is expected to grow at a rapid pace during the forecast period—the increasing disposable income and rising demand for commercial vehicles from China and India are driving the market for the fuel injection. North America is projected to exhibit substantial growth over the forecast period due to growing demand for automotive fuel injectors for off-road applications.
The market in Europe is expected to grow at a significant rate during the forecast period owing to a high number of diesel vehicles and rising demand for advanced technology in diesel vehicle systems is driving the market in the region.
The common rail injection system is a direct fuel injection system for both gasoline and diesel engine. In the common rail injection system, rail is used to distribute fuel to the injectors from a high-pressure accumulator. The common rail injection system consists of a high-pressure pump, injectors, a rail, and an electronic control unit (ECU). An electronic system, pressure control valve, and pump metering are used to control the common rail injection pressure, the injection timing, and injection rate. The use of common rail injection systems helps to reduce engine exhaust and noise emissions, enhance fuel efficiency, and improve the overall engine performance.
The report for the global Diesel Common Rail Injection System market of Market Research Future covers extensive primary research. This is accompanied by a detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historic and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
|Market Size||2025: USD 25 Billion|
|CAGR||4% CAGR (2020-2027)|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Fuel Injector and Vehicle Type|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Robert Bosch GmbH (Germany), Delphi Automotive PLC (UK), Denso Corporation (Japan), Continental AG (Germany), Federal-Mogul Corporation (US), Magneti Marelli (Italy), Hyundai KEFICO (South Korea), Siemens Deka Inc., (US), Ganser CRS AG (Switzerland), and Eaton Corporation (US)|
|Key Market Opportunities||
|Key Market Drivers||
Frequently Asked Questions (FAQ) :
High-pressure pump, electronic control unit (ECU), injectors, and a rail are parts of diesel common rail injection.
Delphi Automotive PLC (UK), Robert Bosch GmbH (Germany), Continental AG (Germany), Denso Corporation (Japan), Magneti Marelli (Italy), Federal-Mogul Corporation (US), Siemens Deka Inc., (US), Hyundai KEFICO (South Korea), Eaton Corporation (US), and Ganser CRS AG (Switzerland) are well-known suppliers of diesel common rail injection.
The growing need for commercial vehicles in China and other regions of Asia Pacific is expected to drive the diesel common rail injection system market in the region.
Solenoid and piezoelectric are two types of diesel common rail injectors. The high degree of efficacy offered by piezoelectric injectors is likely to impel the growth of the diesel common rail injectors market.
MRFR analysis states, the common rail injector market is expected to thrive at nearly 4% CAGR and attain a valuation of USD 25 billion by 2025 owing to growing sales for heavy vehicles and purposes diesel common rail injection system serves.