The off highway diesel common rail injection system market size has grown strongly in recent years. It will grow from $3.75 billion in 2023 to $3.97 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The increase during the historical period was driven by higher global and regional emissions standards, greater mining, farming, and construction activities, increased demand for cleaning and lubrication systems in heavy-duty dump trucks, expanding industrialization, and rapid urbanization.
The off highway diesel common rail injection system market size is expected to see strong growth in the next few years. It will grow to $5.06 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. Anticipated growth in the forecast period is fueled by rising demand for commercial vehicles, increasing consumer interest in fuel-efficient systems, expanding construction and agricultural sectors, growth in infrastructure projects, and a rising demand for high-performance engines. Key trends expected in this period include advancements in fuel injection technologies, improvements in diesel engine technology, the development of cleaner-burning diesel engines, and the integration of telematics and Internet of Things (IoT) capabilities.
The off-highway diesel common rail injection system market is set to grow with increasing demand for commercial vehicles. These vehicles, used primarily for business purposes, are crucial for transporting goods, supporting public services, enabling construction projects, facilitating agriculture, and managing waste. The adoption of off-highway diesel common rail injection systems in commercial vehicles enhances fuel efficiency, engine performance, and emissions control. For example, in the first quarter of 2022, the UK's new bus and coach registrations grew significantly by 45.2%, from 671 in Q1 2021 to 974 in Q1 2022, indicating a strong market trend.
Major companies in the off-highway diesel common rail injection system market are developing eccentric drive technology. This mechanical system converts rotational motion into linear motion through an eccentric mechanism, often involving an offset cam or disc. Stanadyne LLC, a US-based company, introduced a new 3,000-bar modular diesel common rail (MDCR) fuel pump in September 2021. This technology promises reliable performance across various applications, supporting diesel engine programs from four to sixteen cylinders. It serves light-duty to severe-duty uses in on- and off-highway vehicles, marine vessels, military equipment, and power generation setups, demonstrating its versatility and robustness in demanding conditions.
In August 2023, Cerberus Capital Management, L.P., an alternative investment firm headquartered in the US, purchased Stanadyne Operating Company LLC for $221 million. This acquisition represented Cerberus's strategic initiative to diversify its portfolio by integrating Stanadyne's specialization in advancing fuel systems with state-of-the-art technologies. Stanadyne Operating Company LLC, based in the US, is known for manufacturing high-pressure diesel common rail fuel pumps designed for off-highway engines.
Major companies operating in the off highway diesel common rail injection system market are Robert Bosch GmbH, Caterpillar Inc., Denso Corporation, Cummins Inc., Mitsubishi Heavy Industries Ltd., Weichai Power Co. Ltd., Komatsu Ltd., Isuzu Motors Limited, Kubota Corporation, Doosan Infracore Co. Ltd., Liebherr International Deutschland Gmbh, Hino Motors Ltd., Kohler Co., Navistar Inc., Woodward Inc., Mtu Friedrichshafen GmbH, Deutz AG, Stanadyne LLC, Volvo Penta, Perkins Engines Company Limited, Delphi Technologies Inc., NOVA Werke AG, Heinzmann GmbH & Co. KG, Yanmar Holdings Co. Ltd.
Asia Pacific was the largest region in the off highway diesel common rail injection system market in 2023. The regions covered in the off highway diesel common rail injection system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the off highway diesel common rail injection system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
An off-highway diesel common rail injection system (CRIS) is specifically engineered for diesel engines used in off-highway applications such as construction equipment, agricultural machinery, mining vehicles, and other heavy-duty vehicles that operate in demanding environments. Its primary aim is to enhance the efficiency, performance, and control emissions of these diesel engines.
Key components of off-highway diesel common rail injection systems include a high-pressure common rail, fuel injectors, fuel pumps, electronic control units (ECUs), and sensors. The high-pressure common rail stores fuel at high pressure and delivers it to the injectors. These systems are available in various types such as conventional solenoid injectors and piezoelectric injectors, tailored for different engine types such as diesel engines. They are distributed through channels such as original equipment manufacturers (OEMs) and the aftermarket, and find application in vehicles such as dump trucks, tractors, excavators, loaders, and bulldozers.
The off-highway diesel common rail injection system market research report is one of a series of new reports that provides off-highway diesel common rail injection system market statistics, including off-highway diesel common rail injection system industry global market size, regional shares, competitors with an off-highway diesel common rail injection system market share, detailed off-highway diesel common rail injection system market segments, market trends, and opportunities, and any further data you may need to thrive in the off-highway diesel common rail injection system industry. This off-highway diesel common rail injection system research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The off-highway diesel common rail injection system market consists of sales of high-pressure fuel pumps, fuel injectors, common rail systems, fuel filters, and electronic control units. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The off highway diesel common rail injection system market size is expected to see strong growth in the next few years. It will grow to $5.06 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. Anticipated growth in the forecast period is fueled by rising demand for commercial vehicles, increasing consumer interest in fuel-efficient systems, expanding construction and agricultural sectors, growth in infrastructure projects, and a rising demand for high-performance engines. Key trends expected in this period include advancements in fuel injection technologies, improvements in diesel engine technology, the development of cleaner-burning diesel engines, and the integration of telematics and Internet of Things (IoT) capabilities.
The off-highway diesel common rail injection system market is set to grow with increasing demand for commercial vehicles. These vehicles, used primarily for business purposes, are crucial for transporting goods, supporting public services, enabling construction projects, facilitating agriculture, and managing waste. The adoption of off-highway diesel common rail injection systems in commercial vehicles enhances fuel efficiency, engine performance, and emissions control. For example, in the first quarter of 2022, the UK's new bus and coach registrations grew significantly by 45.2%, from 671 in Q1 2021 to 974 in Q1 2022, indicating a strong market trend.
Major companies in the off-highway diesel common rail injection system market are developing eccentric drive technology. This mechanical system converts rotational motion into linear motion through an eccentric mechanism, often involving an offset cam or disc. Stanadyne LLC, a US-based company, introduced a new 3,000-bar modular diesel common rail (MDCR) fuel pump in September 2021. This technology promises reliable performance across various applications, supporting diesel engine programs from four to sixteen cylinders. It serves light-duty to severe-duty uses in on- and off-highway vehicles, marine vessels, military equipment, and power generation setups, demonstrating its versatility and robustness in demanding conditions.
In August 2023, Cerberus Capital Management, L.P., an alternative investment firm headquartered in the US, purchased Stanadyne Operating Company LLC for $221 million. This acquisition represented Cerberus's strategic initiative to diversify its portfolio by integrating Stanadyne's specialization in advancing fuel systems with state-of-the-art technologies. Stanadyne Operating Company LLC, based in the US, is known for manufacturing high-pressure diesel common rail fuel pumps designed for off-highway engines.
Major companies operating in the off highway diesel common rail injection system market are Robert Bosch GmbH, Caterpillar Inc., Denso Corporation, Cummins Inc., Mitsubishi Heavy Industries Ltd., Weichai Power Co. Ltd., Komatsu Ltd., Isuzu Motors Limited, Kubota Corporation, Doosan Infracore Co. Ltd., Liebherr International Deutschland Gmbh, Hino Motors Ltd., Kohler Co., Navistar Inc., Woodward Inc., Mtu Friedrichshafen GmbH, Deutz AG, Stanadyne LLC, Volvo Penta, Perkins Engines Company Limited, Delphi Technologies Inc., NOVA Werke AG, Heinzmann GmbH & Co. KG, Yanmar Holdings Co. Ltd.
Asia Pacific was the largest region in the off highway diesel common rail injection system market in 2023. The regions covered in the off highway diesel common rail injection system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the off highway diesel common rail injection system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
An off-highway diesel common rail injection system (CRIS) is specifically engineered for diesel engines used in off-highway applications such as construction equipment, agricultural machinery, mining vehicles, and other heavy-duty vehicles that operate in demanding environments. Its primary aim is to enhance the efficiency, performance, and control emissions of these diesel engines.
Key components of off-highway diesel common rail injection systems include a high-pressure common rail, fuel injectors, fuel pumps, electronic control units (ECUs), and sensors. The high-pressure common rail stores fuel at high pressure and delivers it to the injectors. These systems are available in various types such as conventional solenoid injectors and piezoelectric injectors, tailored for different engine types such as diesel engines. They are distributed through channels such as original equipment manufacturers (OEMs) and the aftermarket, and find application in vehicles such as dump trucks, tractors, excavators, loaders, and bulldozers.
The off-highway diesel common rail injection system market research report is one of a series of new reports that provides off-highway diesel common rail injection system market statistics, including off-highway diesel common rail injection system industry global market size, regional shares, competitors with an off-highway diesel common rail injection system market share, detailed off-highway diesel common rail injection system market segments, market trends, and opportunities, and any further data you may need to thrive in the off-highway diesel common rail injection system industry. This off-highway diesel common rail injection system research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The off-highway diesel common rail injection system market consists of sales of high-pressure fuel pumps, fuel injectors, common rail systems, fuel filters, and electronic control units. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Off Highway Diesel Common Rail Injection System Market Characteristics3. Off Highway Diesel Common Rail Injection System Market Trends and Strategies32. Global Off Highway Diesel Common Rail Injection System Market Competitive Benchmarking33. Global Off Highway Diesel Common Rail Injection System Market Competitive Dashboard34. Key Mergers and Acquisitions in the Off Highway Diesel Common Rail Injection System Market
4. Off Highway Diesel Common Rail Injection System Market - Macro Economic Scenario
5. Global Off Highway Diesel Common Rail Injection System Market Size and Growth
6. Off Highway Diesel Common Rail Injection System Market Segmentation
7. Off Highway Diesel Common Rail Injection System Market Regional and Country Analysis
8. Asia-Pacific Off Highway Diesel Common Rail Injection System Market
9. China Off Highway Diesel Common Rail Injection System Market
10. India Off Highway Diesel Common Rail Injection System Market
11. Japan Off Highway Diesel Common Rail Injection System Market
12. Australia Off Highway Diesel Common Rail Injection System Market
13. Indonesia Off Highway Diesel Common Rail Injection System Market
14. South Korea Off Highway Diesel Common Rail Injection System Market
15. Western Europe Off Highway Diesel Common Rail Injection System Market
16. UK Off Highway Diesel Common Rail Injection System Market
17. Germany Off Highway Diesel Common Rail Injection System Market
18. France Off Highway Diesel Common Rail Injection System Market
19. Italy Off Highway Diesel Common Rail Injection System Market
20. Spain Off Highway Diesel Common Rail Injection System Market
21. Eastern Europe Off Highway Diesel Common Rail Injection System Market
22. Russia Off Highway Diesel Common Rail Injection System Market
23. North America Off Highway Diesel Common Rail Injection System Market
24. USA Off Highway Diesel Common Rail Injection System Market
25. Canada Off Highway Diesel Common Rail Injection System Market
26. South America Off Highway Diesel Common Rail Injection System Market
27. Brazil Off Highway Diesel Common Rail Injection System Market
28. Middle East Off Highway Diesel Common Rail Injection System Market
29. Africa Off Highway Diesel Common Rail Injection System Market
30. Off Highway Diesel Common Rail Injection System Market Competitive Landscape and Company Profiles
31. Off Highway Diesel Common Rail Injection System Market Other Major and Innovative Companies
35. Off Highway Diesel Common Rail Injection System Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Off Highway Diesel Common Rail Injection System Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on off highway diesel common rail injection system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Benchmark performance against key competitors.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for off highway diesel common rail injection system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The off highway diesel common rail injection system market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Component Type: High-Pressure Common Rail; Fuel Injectors; Fuel Pump; Electronic Control Unit; Sensors2) By Product Type: Conventional Solenoid Injectors; Piezoelectric Injectors
3) By Engine Type: Diesel Engines; Other Engine Types
4) By Sales Channel: Original Equipment Manufacturer; Aftermarket
5) By Application: Dump Trucks; Tractors; Excavators; Loaders; Dozers; Other Applications
Key Companies Mentioned: Robert Bosch GmbH; Caterpillar Inc.; Denso Corporation; Cummins Inc.; Mitsubishi Heavy Industries Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | September 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 3.97 Billion |
Forecasted Market Value ( USD | $ 5.06 Billion |
Compound Annual Growth Rate | 6.2% |
Regions Covered | Global |