Market Research Future (MRFR) has published a cooked research report on the “diesel common rail injection system Market” that contains information from 2022 to 2025. The diesel common rail injection system Market size is estimated to register a CAGR of 4% during the forecast period of 2022 to 2025 and projected to grow at USD 25 billion by 2025.
MRFR recognizes the following companies as the key players in the Market- Robert Bosch GmbH, Continental AG, DENSO Corporation, Delphi Technologies.
Diesel Common Rail Injection System Market Overview
The diesel common rail injection system market is projected to achieve a valuation of approximately USD 25 billion by the year 2025. This estimation indicates a Compound Annual Growth Rate (CAGR) of approximately 4% during the forecast period.
The diesel common rail injection system is a crucial component in modern diesel engines, providing efficient and precise fuel delivery. This technology has gained significant popularity in the automotive industry due to its advantages in terms of improved fuel efficiency, reduced emissions, and enhanced engine performance.Various industries, such as automotive, marine, and construction, rely on diesel engines for their operations. The integration of common rail injection systems in these engines has proven to be an effective way to meet regulatory standards and optimize fuel consumption, driving the market's expansion.
The demand for Diesel Common Rail Injection System Market is growing rapidly because of the increasing rate of modern diesel engines. Some of the major factors speeding up the growth of the Diesel Common Rail Injection System Market are the commencement of the stringent emission control protocols extremely for noise reduction, commercial vehicles, and the growth of fuel efficiency. However, the rapid demand for electric vehicles in the automotive sector is expected to cause problematic situations in the market’s growth. The immense pressure variations in the common rail engine system are claimed to decrease nitrogen dioxide emissions by 50% and energize the fuel efficiency by 3%. For example, BS-IV standards emerged in 2010 in India, but most commercial vehicles are operating under the BS-III standards in the market. Earlier it was informed that the diesel BS-IV vehicles included 42% of the vehicle sales in the Indian market, whereas the petrol vehicles contributed 54%. Some of the dominating companies in the Diesel Common Rail Injection System Market are Denso, Robert Bosch, Continental AG, and many more.
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Market Segmentation
The Diesel Common Rail Injection System Market been divided by vehicle type, fuel injector, and region.
- According to the fuel injector, the global market has been divided into solenoid and piezoelectric.
- The Common Rail Injection System Market, based on vehicle type, has been divided into commercial vehicles and passenger cars.
- Based on the geographical aspect, the Diesel Common Rail Injection System Market has been implemented for North America, Europe, Asia-Pacific, and other world places.
Key Players
Diesel Common Rail Injection System Market companies include-
- Robert Bosch GmbH
- Continental AG
- DENSO Corporation
- Delphi Technologies
Diesel Common Rail Injection System Market Regional Insights:
In terms of geography, the Asia-Pacific region leads the CRDI market, with North America and Europe following closely behind. China, Japan, and India are the primary drivers of growth in the Asia-Pacific region.
In China, the commercial vehicle sector saw a year-on-year growth of 13.9% in 2017, reaching a total of 4.161 million vehicles. This surge can be attributed to the introduction of compact diesel vehicles compliant with the China 5 emission standards starting from January 2018, along with increasing demand for commercial vehicles. Diesel demand in China saw a 0.5% increase in 2017 and a further 0.8% increase in 2018, rebounding from a 3.5% decline in 2016. This rise in demand was fueled by improvements in mining and industrial activites, increased sales of commercial vehicles, and growth in road freight movements.
The demand for diesel common rail injection systems is on the rise due to various factors, including companies forming partnerships to develop new products and manufacturers increasing investments in research and development initiatives and projects.
Industry News
Dongfeng Automobile Co. Ltd and Delphi developed a modern China 6 standard DDi23 engine for light-duty trucks. They proved the Diesel Common Rail Injection System Market to be strong and very efficient.
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Article source: https://article-realm.com/article/Business/59068-Diesel-Common-Rail-Injection-System-Market-Trend-Opportunity-Analysis-by-2030.html
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