This market research report includes a detailed segmentation of the global diesel common rail injection system market by vehicle type (passenger cars, light commercial vehicles, and heavy commercial vehicles). It also outlines the market shares for regions like APAC, EMEA, and the Americas. The key vendors analyzed in this market study are Bosch, Continental, Delphi Automotive, and Denso
London, 29 Jan, 2016: Technavio’s market research analysts estimate the global common rail diesel injection market, to grow at a CAGR of around 5% between 2016 and 2020. Common rail injection has gained momentum in recent times owing to the rising need to control vehicle emissions and increase fuel efficiency in diesel engine vehicles. Automobile manufacturers are rapidly adopting this technology due to the various advantages the injector offers- better combustion, higher power, better fuel economy, and lower emissions. EMEA leads the common rail injection market due to the rising demand for advanced diesel technology in this region.
The new market research report from Technavio provides a breakdown and analysis of the common rail injection segments by technology.
“Common rail injection plays a key role in mitigating fuel losses and emissions during the combustion process. With an increase in the number of regulatory norms, particularly in Europe and the Americas, OEMs are forced to explore means to reduce vehicle emissions while complying with fuel economy standards. Common rail injection technology helps in the efficient combustion of fuel,” says Siddarth Jaiswal, Lead Analyst, Automotive, Technavio Research.
The light commercial vehicles (LCVs) segment accounts for more than 50% of the total market share and is expected to retain its dominating hold over the market until 2020. Much of this segment’s growth comes from the rising demand for fuel-efficient vehicles and the implementation of stringent emission norms by different governments from across the globe.
The leading players in the global common rail diesel injection market include Bosch, Continental, Delphi Automotive, and Denso. This market is fragmented due to the presence of well-diversified global and regional vendors. The competitive environment in this market is expected to intensify with an increase in R&D innovations over the next few years.
A more detailed analysis is available in the Technavio report, Global Diesel Common Rail Injection Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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