Global Diesel Common Rail Injection System Market Price 2024, Forecast To 2033
19 Feb, 2024
The diesel common rail injection system market has experienced strong growth, increasing from $20.53 billion in 2023 to $21.69 billion in 2024, achieving a 5.7% CAGR. This growth is attributed to increasing demand for fuel-efficient vehicles, stringent emission regulations, technological advancements in diesel common rail injection technology, and strategic collaborations among key players. The market is poised for strong growth, reaching $27.21 billion in 2028, driven by growing demand for diesel engines, increasing use of lightweight materials in vehicle manufacturing, and the popularity of hybrid vehicles.
Global Diesel Common Rail Injection System Market Key Driver
Growing demand for light commercial vehicles is expected to propel the growth of the diesel common rail injection systems market. Light commercial vehicle sales in India grew by 20% in the first quarter of 2022, according to Tata Motors. This growth in demand for light commercial vehicles contributes to the increased demand for diesel common rail injection systems.
Get A Free Sample Of The Global Diesel Common Rail Injection System Market ReportGlobal Diesel Common Rail Injection System Market Segments
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
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
Asia-Pacific was the largest region in the diesel common rail injection system market in 2023, 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
Major Diesel Common Rail Injection System Industry Players
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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Diesel Common Rail Injection System Market Overview
The diesel common rail injection system is a technology used for fuel delivery in working of diesel engines that injects fuel into the combustion chamber from a common rail under high pressure. An electronic control system determines the dropping of fuel where the combustion chamber is hottest which delivers complete combustion and improved overall engine performance. The diesel common rail injection systems are used in the manufacturing of diesel engines.
Diesel Common Rail Injection System Global Market Report 2023 provides data on the global diesel common rail injection system market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The diesel common rail injection system market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.