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Global Automotive Common Rail System Market Growth during the Forecast Period, 2018-2028 // Farinia Group, Robert Bosch GmbH, DENSO CORPORATION, Continental AG. AISIN SEIKI Co., Ltd. SEDEMAC, Siemens AG, DENSO EUROPE, Thames Valley Electro-Diesel, Delphi
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The shape of automotive common rail system is fabricated by metal or its alloy in a cylindrical shape. The fuel pump supplies fuel to the common rail and then distributes it to the fuel injectors under extremely high pressure. The vehicle with automotive common rail system can thus be identified as an efficient and economic choice in automobiles as owing to the usage of this system in combustion engine enhances its output power minimizing fuel loss thereby resulting in an improved mileage of the vehicle. Moreover, the usages of automotive common rail system will reduce the exhaust, noise emission and also reduce the vibration of engine components. Automotive common rail system provide more power and also improve the vehicle engine performance.
The automotive common rail system is the assembly of pressure pump, fuel injector, a rail and electronic control unit (ECU). These factors are said to advocate a profound use of automotive common rail market more lucrative across the globe.
Global Automotive Common Rail System Market: Dynamics
The global automotive common rail system market has been observed to be highly fragmented in nature owing to greater proportion of tier-3 and independent scale manufacturers which are engaging in production and sales of automotive common rail system in the respective regional markets of the globe. In terms of market trends, the leading manufacturers are focusing towards design of light weight and low cost automotive common rail system in order to increase its assets value in the competitive automotive industry. In terms of year-over-year growth, the global automotive common rail system market is anticipated to grow with noteworthy grow rate due to increasing demand of increasing demand of high mileage but less emission vehicle at the global level.
The advantages of automotive common rail system are the fuel injection pressure can be adjusted according to the demand, the atomization of fuel be finer, and the injected pressure created independent of engine speed and multiple injection per cylinder combustion are possible. These factors are anticipated to create high attractiveness for the global automotive common rail system market during the slated time period.
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The gross cost of automotive common rail system is high as compared to direct fuel injection system. In addition, the maintenance and replacement of component of automotive common rail system is also costly. These factor may affect the directly pocket of consumer of the middle class population as well as projected to hamper the global automotive common rail system market during the forecast period.
Automotive manufacturer are focused towards the downgrading of engine size and also make engine smaller and lighter with intent to better fuel efficiency and performance of vehicle. The regional government has mandated some regulation and standard for vehicles. Thereby, the automotive component maker is using an additional automotive component or system for matching criteria of the norms or standard. Recently, In India the BS- IV emission norm has been mandated for all type of vehicle. Therefore, the renowned automotive player is using solenoid injector with automotive common rail system in order to match the efficiency of BS- IV type engine. Increasing awareness of emission less vehicle, Europe, North America and Middle East and Africa is also sets some standard or norm for to vehicles which may projected to same trajectory path for automotive industry as in across India.
Global Automotive Common Rail System Market: Regional Outlook
Asia Pacific is projected to be dominate in the global automotive common rail system market owing to increasing automotive vehicle production during the stipulated time period. China and India are anticipated to grow with addressable growth rate in the market owing to increasing technological advancement and innovation for automotive fuel injection system. In ASEAN countries, Thailand is projected to account for noteworthy share due to its geographic location and Thailand is also famous as the automotive vehicle exporter. The Western Europe is projected to be second largest region for the global automotive common rail system market due to increasing demand of passenger and commercial vehicle. In the region, Germany is projected to account for higher share in the Western Europe automotive common rail system market due to rising technological advancement coupled with supportive government policy for automotive industry in the region. North America is projected to be third largest region for the automotive common rail system market. In the region peoples are highly shifted towards luxurious lifestyle with high end cars. In Middle East and Africa no facility for automotive vehicle production. Therefore, in the region, the automotive common rail system market is projected to grow with sluggish growth rate during the forecast period. However, in Turkey the automotive common rail system market is projected to grow with addressable pace owing to renowned manufacturer such as Ford, ISUZU, TOFAS and others is enhancing its automotive vehicle manufacturing facility which may be fruitful for the automotive common rail system market in the country in the upcoming years.
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