The diesel vehicle common rail injection system market share is expected to increase by 1924.15 thousand units from 2020 to 2025, and the market’s growth momentum will decelerate at a CAGR of 2%.
The market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (passenger cars and commercial vehicles) and geography (APAC, North America, Europe, South America, and MEA).
The diesel vehicle common rail injection system market report also offers information on several market vendors, including BorgWarner Inc., Cummins Inc., DENSO Corp., Farinia Group, HYUNDAI KEFICO Corp., Linamar Corp., Robert Bosch GmbH, Stanadyne LLC, Standard Motor Products Europe Ltd., and Tenneco Inc. among others.
BorgWarner Inc. - The company offers Common Rail Injectors and Pumps for diesel fuel. The air management segment develops and manufactures products to improve fuel economy, reduce emissions and enhance performance. The company also develops and manufactures gasoline and diesel fuel injection components and systems.
What will the Diesel Vehicle Common Rail Injection System Market Size be During the Forecast Period?
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Parent Market Analysis
Technavio categorizes the global diesel vehicle common rail injection system market as a part of the global auto parts and equipment market within the global auto components market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the diesel vehicle common rail injection system market during the forecast period.
Diesel Vehicle Common Rail Injection System Market: Key Drivers, Trends, and Challenges
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Diesel Vehicle Common Rail Injection System Market Driver
- One of the key factors driving growth in the diesel vehicle common rail injection system market is the increasing demand for direct fuel-injected engines in emerging countries.
- Consumers in emerging economies are highly cost-sensitive. Hence, low-cost utility vehicles are highly preferred. Increased mileage is a major factor influencing the purchasing decision of customers in emerging countries.
- Vehicles with more mileage have less maintenance cost than high-powered vehicles. Hence, vehicle manufacturers are increasingly equipping vehicles with direct injection fuel delivery systems for reducing fuel consumption. This is expected to drive the global diesel vehicle common rail injection system market in emerging countries.
Key Diesel Vehicle Common Rail Injection System Market Challenge
- The increasing preference for electric vehicles will be a major challenge for the diesel vehicle common rail injection system market during the forecast period.
- Electric vehicles are preferred by government bodies, as these are non-polluting, convenient means of transport compared to the highly polluting fuel-powered vehicles.
- Major automotive players are developing manufacturing facilities for electric vehicles in recent years driven by government incentives and supportive policies, and consumer demand.
- Factors like decreasing prices of electric vehicle batteries, quick charging, and the development of effective electric vehicle infrastructure, especially in emerging countries, are expected to increase the preference for electric vehicles over fuel vehicles.
- The increasing adoption of electric vehicles would drastically affect the demand for internal combustion engine vehicles, which would parallelly restrict the production of diesel vehicle common rail injection systems.
This diesel vehicle common rail injection system market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Diesel Vehicle Common Rail Injection System Market Value Chain Analysis
Our In-house experts produce extensive information on the value chain and parent market of the diesel vehicle common rail injection system market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the report.
Which are the Key Regions for Diesel Vehicle Common Rail Injection System Market?
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56% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for diesel vehicle common rail injection systems in APAC. Market growth in this region will be faster than the growth of the market in the European regions.
The growth of the diesel vehicle common rail injection system market in APAC primarily depends on the sales of passenger cars and commercial vehicles in the region. China and India are the major automotive markets in APAC. The rising levels of economic activities in the region and the growing demand for passenger cars are expected to push the demand for the diesel vehicle common rail injection system. This will facilitate the diesel vehicle common rail injection system market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The automotive industry in APAC was adversely impacted in 2020 due to the COVID-19 pandemic. The imposition of stringent lockdowns and social distancing regulations compelled many business owners to shut down their facilities temporarily. In Q2 2021, the second wave of COVID-19 in the region further hit the growth of the automobile industry and affected the sales of vehicles. However, automobile manufacturing is expected to recover once the COVID-19 pandemic ends. Many automobile players are experiencing an increase in revenue as compared to earlier 2020. Thus, it is anticipated that the automotive industry will experience growth, which will boost the market in focus during the forecast period.
What is the Fastest-Growing Application Segment in the Diesel Vehicle Common Rail Injection System Market?
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The diesel vehicle common rail injection system market share growth by the passenger cars segment will be significant during the forecast period. All diesel passenger cars are fitted with common rail injection systems, as these systems are necessary for controlling vehicle emissions. Automakers are increasingly innovating fuel delivery systems used in passenger cars to reduce vehicular emissions without compromising on performance.
This report provides an accurate prediction of the contribution of all the segments to the growth of the diesel vehicle common rail injection system market size and actionable market insights on the post-COVID-19 impact on each segment.
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Diesel Vehicle Common Rail Injection System Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Decelerate at a CAGR of 2% |
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Market growth 2021-2025 |
1924.15 th units |
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Market structure |
Concentrated |
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YoY growth (%) |
2.38 |
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Regional analysis |
APAC, North America, Europe, South America, and MEA |
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Performing market contribution |
APAC at 56% |
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Key countries |
China, US, Germany, India, and France |
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Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
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Key companies profiled |
BorgWarner Inc., Cummins Inc., DENSO Corp., Farinia Group, HYUNDAI KEFICO Corp., Linamar Corp., Robert Bosch GmbH, Stanadyne LLC, Standard Motor Products Europe Ltd., and Tenneco Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Diesel Vehicle Common Rail Injection System Market Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive diesel vehicle common rail injection system market growth during the next five years
- Precise estimation of the diesel vehicle common rail injection system market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behaviour
- The growth of the diesel vehicle common rail injection system market industry across APAC, North America, Europe, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive analysis of factors that will challenge the growth of diesel vehicle common rail injection system market vendors
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