Diesel Common Rail Injection System Market

Market Overview:

The global diesel common rail injection system market reached a value of US$ 3.36 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 4.17 Billion by 2027, exhibiting a CAGR of 3.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Common rail refers to a direct fuel injection system used in modern diesel engines. It relies on a fuel pump to maintain pressure and fuel injectors to control the timing and amount of fuel injected. It ensures that the fuel injection atomization or fuel spray is regulated electronically using a programmable control module, which allows multiple injections at any pressure while providing a level of flexibility for better power, fuel consumption, and emission control.

Diesel Common Rail Injection System Market Trends:

There is currently a rise in the demand for diesel engines across the globe due to their better fuel economy and longer shelf life. This, along with the growing utilization of commercial vehicles to transport goods and passengers for increasing profit of an individual or business, represents one of the key factors driving the market. Moreover, key market players are extensively investing in research and development (R&D) activities to introduce enhanced injection technologies. This, coupled with the rising demand for diesel vehicles compared to petrol vehicles due to the lower prices of diesel, is propelling the growth of the market. Besides this, governments of several countries are implementing stringent regulations to prevent greenhouse gas emissions. In line with this, the increasing employment of diesel common rail injection systems to reduce the emissions of nitrogen dioxide (NO?) is offering lucrative growth opportunities to industry investors. Apart from this, the growing applications of diesel engines in the heavy construction equipment to achieve a higher torque even at lower speeds and greater revolutions per minute (RPM) is projected to catalyze the employment of diesel common rail injection systems in the construction industry.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global diesel common rail injection system market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on vehicle type, fuel injector type, engine and sales channel.

Breakup by Vehicle Type:

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
   

Breakup by Fuel Injector Type:

• Solenoid Injector
• Piezoelectric Injector
   

Breakup by Engine:

• Old Diesel Engine
• CRDI Engine
   

Breakup by Sales Channel:

• OEMs
• Aftermarket
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being BorgWarner Inc., Continental AG, Cummins Inc., Dell'Orto S.p.A., DENSO Corporation, Eaton Corporation PLC, Ganser CRS AG, HYUNDAI KEFICO Corporation (Hyundai Motor Company), Magneti Marelli S.p.A. and Robert Bosch GmbH.

Report Coverage:

Key Questions Answered in This Report:

• How has the global diesel common rail injection system market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global diesel common rail injection system market?
• What are the key regional markets?
• What is the breakup of the market based on the vehicle type?
• What is the breakup of the market based on the fuel injector type?
• What is the breakup of the market based on the engine?
• What is the breakup of the market based on the sales channel?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global diesel common rail injection system market and who are the key players?
• What is the degree of competition in the industry?