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Diesel Common Rail Injection System Market is Anticipated to Expand upto $27.76 Billion in 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.What Is the Forecasted Market Growth Rate of the Diesel Common Rail Injection System Industry?
The market for diesel common rail injection systems has seen consistent growth in previous years, and it's expected that it'll expand from $21.38 billion in 2024 to $22.17 billion in 2025. This growth represents a compound annual growth rate (CAGR) of 3.7%. Key factors contributing to this growth during the historical period include the rising need for fuel-efficient vehicles, regulatory policies focused on emission control, improvements in diesel common rail injection systems technology, increased investment in research and development, and strategic alliances between major industry players.
How Will the Diesel Common Rail Injection System Market Size Evolve From 2025 to 2029?
Expectations for the diesel common rail injection system market point towards noteworthy expansion in the forthcoming years, with the expectation to inflate to $27.76 billion in 2029. This represents a compound annual growth rate (CAGR) of 5.8%. The surge during the prediction period can be credited to an escalating demand for diesel engines, an increasing preference for lightweight materials in vehicle assembly, the rising prestige of hybrid vehicles, heightened concentration on vehicle security and regulations, and growing requirements for commercial vehicles and passenger cars globally. Predominant trends during the predicted period comprise the adoption of piezoelectric injectors for accurate fuel delivery, amalgamation of electronic control units for real-time adaptations, incorporation of common rail systems in passenger vehicles, the creation of dual-fuel injection systems, and stress on decreasing diesel engine noise and vibrations.
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What Are the Main Growth Drivers in the Diesel Common Rail Injection System Market Today?
The rise in the need for light commercial vehicles is predicted to fuel the expansion of the diesel common rail injection systems market in the future. Light commercial vehicles are motor vehicles featuring a minimum of four wheels, commonly used for transactions, route servicing, assessments, and upkeep. Diesel common rail injection systems are applied in the production of engines for all modern diesel vehicles, including light commercial vehicles. Based on data from MarkLines, a Japanese information service firm, light vehicle sales in the U.S. in December 2023 reached 1,454,597 units, indicating a 13.0% rise compared to December 2022. Furthermore, truck and SUV sales experienced a substantial increase of 15.7%, tallying 1,180,944 units. At the same time, passenger car sales saw a 2.8% rise, amounting to 273,653 units. Moreover, the light vehicle seasonally adjusted annualized sales rate (SAAR) for December 2023 was 16.08 million units, rising from 13.77 million units in December 2022. The total sales for 2023 reached 15,608,386 units, denoting a 12.3% surge from 2022. As a result, the escalating demand for light commercial vehicles is anticipated to spur demand for diesel common rail injection systems within the projected period.
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Which Diesel Common Rail Injection System Market Segment Is Expected to Lead Through 2029?
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, After market
Subsegments:
1) By Solenoid Type: Single Solenoid Injectors, Dual Solenoid Injectors
2) By Piezoelectric Type: Standard Piezoelectric Injectors, High-Performance Piezoelectric Injectors
Which Market Trends Are Expected to Dominate Diesel Common Rail Injection System Industry Growth?
A rising trend in the diesel common rail injection systems market is strategic collaborations. Major players in this market are forming alliances to adopt best-in-class system practices in manufacturing and to foster competition among companies in this sector. For example, in February 2023, Pure Power Technologies, Inc., a U.S. firm specializing in diesel fuel injector and turbocharger production, entered into a partnership with S&S Diesel Motorsport, an American company that provides high-performance common-rail diesel injection and vehicle controls. Their shared objective was to tackle the issue of high-pressure fuel pump in Ford Motor Company's Super Duty trucks with 6.7L Power Stroke diesel engines. As a result of this partnership, an improved plug-and-play replacement diesel common rail (DCR) fuel pump, which is compatible with OE fit and function and is more durable, was developed by the joint engineering team of PurePower and S&S Diesel Motorsport.
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Which Companies Hold the Largest Market Share in the Diesel Common Rail Injection System Sector?
Major companies operating in the diesel common rail injection system market include Robert Bosch GmbH, Denso Corporation, Delphi Technologies plc, Continental AG, Magneti Marelli SpA, 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., Federal-Mogul Powertrain Inc., Linamar Corporation, Perkins Engines Company Limited, Actia Group, Kohler Co., Mahle GmbH, Autocam Corporation, Carter Fuel Systems, Precision Diesel Inc., Farinia Group, Quanzhou Shiny Machinery Co. Ltd., Sealand Turbo-Diesel Asia Pte. Ltd.
Where Is the Diesel Common Rail Injection System Market Experiencing the Highest Growth?
Asia-Pacific was the largest region in the diesel common rail injection system market in 2024, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the diesel common rail injection system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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