Market Research Report

Off Highway Diesel Common Rail Injection System Market

Off Highway Diesel Common Rail Injection System Market Research Report: Size, Share, Trend Analysis Sales Channel (Aftermarket, OEM), Vehicle Type (Dump Truck, Tractor, Loader, Excavator, Dozer, Motor Graders), Product Type (Conventional Solenoid Injector, Piezoelectric Injector) and By Region (Asia Pacific, South America, Europe, North America, Middle East and Africa) - Growth Outlook & Industry Forecast To 2025

Vertical: AutoBase Year: 2018

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Executive Summary

Off Highway Diesel Common Rail Injection System Market — Snapshot

  • Market Size (2018)

    $1.47B

  • Projected (2025)

    $1.68B

  • CAGR (2017–2025)

    1.9%

  • Key Players

    10+

The growth of the global off-highway diesel common rail injection system market is driven by various factors such as stringent emission control norms, high demand for diesel engines across off-highway vehicle applications, and demand for commercial vehicles. However, the growth of the market can be hindered by the increase in the number of battery electric vehicles (BEVs).

The global off-highway diesel common rail injection system market is expected to grow at about 2.05% CAGR during the forecast period and reach USD 1,681.4 million by 2025. In 2018, the market was dominated by Asia-Pacific, with a 39.58% share, followed by North America and Europe with shares of 24.89% and 20.22%, respectively.

The global off-highway diesel common rail injection system market has been segmented based on product type, vehicle type, sales channel, and region. Based on product type, the piezoelectric injector segment dominated the market with a share of 76.24%, having accounted for USD 1,119.8 million in 2018 and is projected to grow with the highest CAGR of 2.38% from 2019 to 2025. Based on vehicle type, the tractor segment dominated the market with a share of 37.50%, having accounted for USD 550.7 million in 2018 and is projected to grow with the highest CAGR of 1.84% from 2019 to 2025. Based on sales channel, the OEM segment dominated the market with a share of 92.58%, having accounted for USD 1,359.8 million in 2018 and is projected to grow with the highest CAGR of 1.94% from 2019 to 2025.

Key Insight

The Off Highway Diesel Common Rail Injection System Market market is projected to grow at a CAGR of 1.9% from 2017 to 2025.

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Market Scope & Coverage

What this report covers

  • Geographic Coverage: This analysis covers 5 regions: Asia Pacific, South America, Europe, North America, Middle East and Africa.
  • Market Segmentation: The market is analyzed across 2 segments: OEM, Aftermarket. Forecasts are provided for each segment from 2017 to 2025.
  • Competitive Landscape: 10 leading companies are profiled, covering market positioning, strategies, and recent developments.

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Off Highway Diesel Common Rail Injection System Market

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