Press release
Global Diesel Common Rail Injection System Market Comprehensive Study: Forecasted Market Size And Growth Rate | Robert Bosch GmbH, Denso Corporation, Delphi Technologies plc, Continental AG, Magneti Marelli SpA
Diesel Common Rail Injection System Market Size
The Business Research Company offers in-depth market insights through Diesel Common Rail Injection System Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The diesel common rail injection system market size has grown strongly in recent years. It will grow from $20.53 billion in 2023 to $21.69 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to increasing demand for fuel-efficient vehicles, stringent emission regulations, technological advancements in diesel common rail injection technology, increasing investments in research and development activities, strategic collaborations among key players.
The diesel common rail injection system market size is expected to see strong growth in the next few years. It will grow to $27.21 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to growing demand for diesel engines, increasing demand for lightweight materials in vehicle manufacturing, growing popularity of hybrid vehicles, increasing focus on vehicle safety and regulations, growing demand for commercial vehicles and passenger cars across the globe . Major trends in the forecast period include use of piezoelectric injectors for precise fuel delivery, integration of electronic control units for real-time adjustments, adoption of common rail systems in passenger vehicles, development of dual-fuel injection systems, emphasis on reducing diesel engine noise and vibrations.
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Market Segmentation:
The diesel common rail injection system market covered in this report is segmented -
1) By Fuel Injector Type: Solenoid Type, Piezoelectric Type
2) By Vehicle Type: Passenger Cars, Light Commercial Vehicles
3) By Sales channel: OEMs, Aftermarket
Major Driver - Rise In Demand For Light Commercial Vehicle
Growing demand for light commercial vehicles is expected to propel the growth of the diesel common rail injection systems market going forward. A light commercial vehicle refers to a motor vehicle with at least four wheels, used for sales or route service, inspections, and maintenance. The diesel common rail injection systems are used in the manufacturing of engines for all types of modern diesel vehicles including light commercial vehicles. For instance, according to Tata Motors, an Indian-based automobile manufacturer, light commercial vehicle sales grew by 20% in India in the first quarter of 2022. Further, according to data by Truck Junction, an Indian online platform trading in commercial vehicles, the sale of commercial vehicles increased by 14.91% in March 2022, as compared to March 2021. Therefore, the growing demand for light commercial vehicles is expected to boost demand for diesel common rail injection systems during the forecast period.
Competitive Landscape:
Major companies operating in the diesel common rail injection system market report are Robert Bosch GmbH, Denso Corporation, Delphi Technologies plc, Continental AG, Magneti Marelli SpA, Siemens AG, Stanadyne LLC, Woodward Inc., Weifu High-Technology Group Co. Ltd., Cummins Inc., Yanmar Co. Ltd., Hitachi Automotive Systems, Electricfil Automotive SAS, Doyen Auto Co. Ltd., Faurecia India Private Limited, Camozzi Group, Econtrols LLC, Federal-Mogul Powertrain Inc., Linamar Corporation, Perkins Engines Company Limited, Actia Group, Kohler Co., Mahle GmbH, Autocam Corporation, Carter Fuel Systems, Hycomp LLC, Precision Diesel Inc., Farinia Group, Quanzhou Shiny Machinery Co. Ltd., Sealand Turbo-Diesel Asia Pte. Ltd.
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Top Trend - Elevating Performance Enhance Strategic Partnerships Transforming The Diesel Common Rail Injection Systems Market
Strategic partnerships are a key trend gaining popularity in the diesel common rail injection systems market. Major companies operating in the diesel common rail injection systems market are undergoing partnerships to enable best-in-class system practices in manufacturing and competitiveness between the companies in the diesel common rail injection systems sector. For Instance, in February 2023, Pure Power Technologies, Inc., a US-based diesel fuel injector and turbocharger engineering and manufacturing company, announced a collaboration with S&S Diesel Motorsport, a US-based diesel engine technology company offering high-performance common-rail diesel injection and vehicle controls, to address the high-pressure fuel pump issue with Ford Motor Company's Super Duty trucks equipped with 6.7L Power Stroke diesel engines. With this collaboration, the PurePower-S&S Diesel Motorsport engineering team created an enhanced plug-and-play replacement diesel common rail (DCR) fuel pump that is both OE fit and function compatible and more robust.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Diesel Common Rail Injection System Market Characteristics
3. Diesel Common Rail Injection System Market Trends And Strategies
4. Diesel Common Rail Injection System Market - Macro Economic Scenario
5. Diesel Common Rail Injection System Market Size And Growth
…..
27. Diesel Common Rail Injection System Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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