Diesel Common Rail Injection System Market Overview
The diesel common rail injection system market is anticipated to register a CAGR of over 2.5% during the forecast period, 2020-2025. Some of the major factors driving the growth of the market are the enactment of stringent emission control norms, especially for commercial vehicles, noise reduction, and increased fuel efficiency. The demand for diesel engines is only expected to witness positive growth from the rise in commercial vehicle sales, owing to the growing construction industry and significant growth in the logistics industry (primarily, due to the rise in the e-commerce business). For instance, according to Eurostat, over 75% of inland cargo transports within the EU, i.e., about 1,750 billion metric ton-kilometer (tkm), travel by road. In some European countries, this percentage goes as high as 90% or more.
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Diesel Common Rail Injection System Market – Geographical Overview
Asia-Pacific is likely to dominate the diesel common rail injection system market
The Asia-Pacific region is majorly driven by countries, like China, Japan, and India. The diesel demand increased due to the improvement in mining and industrial activity, commercial vehicle sales, and road freight movements in China. The demand for diesel common rail injection systems is growing in the country due to numerous factors, such as companies entering partnerships for developing new products and manufacturers investing in R&D projects. For instance, Dongfeng Automobile Co. Ltd and Delphi jointly developed a new China 6 standard DDi23 engine for light-duty trucks. Delphi offered high-pressure common rail diesel injection systems and post-processing solutions to help this engine meet the China 6 emission standard.
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Key Highlights of the Diesel Common Rail Injection System Market
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List of Key Players in the Diesel Common Rail Injection System Market
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Mordor Intelligence has segmented the global diesel common rail injection system market on the basis of vehicle type, fuel injector type, and geography:
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