Off-Highway Diesel Common Rail Injection System Market Demand, Status and Global Briefing 2022 to 2030
Market Overview
Global Off-Highway Diesel Common Rail Injection System
Market is expected to be valued at USD 1,681.4 Million,
with a CAGR of 2.05% during the forecast period.
The report covers segmentation and drivers for a better
glimpse of the market in the coming years. Off-highway
diesel common rail injection systems market help distribute the
fuel (diesel) into the injectors through the common rail. The diesel is pumped
to the rail through a high-pressure fuel pump. The common rail injection system
comprises a high-pressure pump, injectors, a rail, and an electronic control
unit (ECU).
Competitive Analysis
Some of the Key Industry Participants of the Global
Off-Highway Diesel Common Rail Injection System Market are Robert Bosch
GmbH, Delphi Technologies, Denso Corporation, Heinzmann GmbH & Co. KG,
Liebherr, and NOVA WERKE AG. These players have strengthened their presence
in the market through product development and by partnering and collaborating
with dealers, distributors, and globally recognized online retailers to cater
to the demand for diesel common rail injection systems across the globe. The
competitive environment in the market is likely to intensify due to the
increasing number of product developments to reduce the cost of the product.
Delphi Technologies is focused on expanding its portfolio
and increasing its presence in the UK market. It primarily focuses on manufacturing
vehicle propulsion systems that optimize engine performance, improve vehicle
efficiency, reduce emissions, improve vehicle performance, and support the
electrification of vehicles.
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The company aims to enhance its position through investments
in vehicle electronics and service markets. It invests in improving its vehicle
product line to meet the new stringent emission and fuel efficiency
regulations. It strategizes to incorporate a lean and flexible business model
to minimize the impact of low earnings and cash flow growth.
Denso Corporation has been working on expanding its business
activities in the UK. It focuses on addressing the needs of the buyers in the
UK and becoming a highly trusted brand. The company also focuses on developing
products for applications in hybrid and electric vehicles, advanced driver
assistance systems, automated driving, and connected cars. It has been
increasing investments in improving fuel efficiency and reducing emissions so
that they can be used in a variety of applications. Furthermore, it focuses on
the development and manufacture of hybrid and all-electric drive systems for
off-highway applications.
Segmental Analysis
The Global Market for Off-Highway Diesel Common Rail
Injection System is segmented based on Product Type, Vehicle Type, and Sales
Channel.
By Product Type, the global off-highway diesel common rail
injection system market is divided into conventional solenoid injectors and
piezoelectric injectors. The piezoelectric injector segment is expected to hold
a significant share over the projected timeframe. The major advantage of
piezoelectric injectors is the speed of operation—approximately ten times
faster than the solenoid injectors. The amount of fuel, including a small dose
of initial injection, is measured very precisely, which is reflected in fuel
consumption reduction. The imposition of Euro 5 standards (emission standards)
for nitrogen oxide (NOx) have helped to reduce the emissions and influenced the
manufacturers to switch to piezoelectric injectors.
By Vehicle Type, the global off-highway diesel common rail
injection system market is segmented as dump trucks, tractors, excavators,
loaders, dozers, motor graders, and others. The loader segment is expected to
hold a considerable share of the market over the projected period. A loader is
used to move objects and materials such as snow, feed, gravel, logs, raw
minerals, recycled materials, and rocks into dump trucks, containers, and
hopers. The loader engine requires an electronically controlled common rail and
fuel injection system.
The system instantaneously collects and analyzes information
such as temperature, altitude, the oxygen level in the air, engine load
conditions, and diesel particulate filter (DPF) temperature for precise control
of the fuel injection timing. The common rail injection system in loaders helps
measure the quantity of fuel and number of injection times for combustion
control, which further reduces particulate matter (PM) and NOx emissions in the
diesel engine. These factors are expected to boost the demand for the product
in the loaders segment during the forecast period.
By Sales Channel, the global off-highway diesel common rail
injection system market is segmented as OEM and aftermarket. Aftermarket
segment will witness substantial share over the study period. Aftermarket is
the secondary market, which is associated with manufacturing, remanufacturing,
and installation of common rail injection systems and its parts after the
diesel engine is retailed by the OEMs. The aftermarket has registered
significant growth in the sale of common rail injection systems owing to their
growing use and increase in demand for fuel-efficient and low emission
vehicles.
Regional Analysis
Geographic analysis of the Global Off-Highway Diesel Common
Rail Injection System Market spans across North America, Europe, Asia-Pacific,
South America, and the Middle East & Africa.
Asia-Pacific accounts for significant share for 2018 in the
global off-highway diesel common rail injection system market. Countries,
including China and Japan, will majorly contribute towards the market growth.
China is the most significant contributor to the off-highway diesel common rail
injection system market in Asia-Pacific, in terms of revenue. This can be
attributed to the growing demand for off-highway vehicles, owing to the rapid
industrialization in the country.
The increasing urbanization in the country is expected to
boost the sale of diesel common rail injection systems for different vehicles.
In the past years, there has been a significant increase in the use of
heavy-duty commercial vehicles in China. The government of China has set C5
level emission standards and fuel efficiency standards, which increase the
opportunity for manufacturers to develop the diesel common rail injection
system and other injection technologies that comply with the standards.
In 2018, North America held the second-largest market share
in the off-highway diesel common rail injection system market. The US
government has imposed regulations to control vehicular emissions, which has
influenced the OEMs to use advanced technologies to curb vehicular emissions.
For instance, in 2015, the California Vehicle Emissions Program was launched by
the California Air Resources Board (CARB), which stated guidelines for
zero-emission vehicles. This has led to an increase in the production and sale
of diesel common rail injection systems in the country.
Stringent government regulations and increased vehicle
production and sale will significantly boost the demand for diesel common rail
injection systems in the market in the US. The US Environmental Protection
Agency has set several emission standards for heavy-duty highway engines and
vehicles, which creates growth opportunities for the diesel common rail
injection system manufacturers.
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