The global homogeneous charge compression ignition market is expected to exhibit a strong 15% CAGR over the forecast period from 2021 to 2027, according to the latest research report from MRFR . Homogeneous charge compression ignition is an automotive ignition technology. It replaces the spark plug with a system wherein the fuel and air enters the engine and is then compressed till the point of spontaneous combustion. As air gets more and more compressed, it gets hotter. Homogeneous charge compression ignition engines utilize this fact to their advantage. Due to the nature of the explosion in homogeneous charge compression ignition engines, they provide much leaner burning and higher efficiency than conventional engines. This is likely to be the key driver for the global homogeneous charge compression ignition market over the forecast period, as the demand for cars with high fuel efficiency figures is likely to grow over the forecast period.
While conventional petrol engines needs a 14.6:1 ratio between air and fuel, homogeneous charge compression ignition engines can operate at a ratio of 29.4:1, making them much leaner and thus much more efficient. Homogeneous charge compression ignition engines are also beneficial in terms of nitrous emissions, as they emit far fewer nitrous compounds than conventional engines.
The growing government support for increasing the mileage and engine efficiency in automotive applications is likely to be a major driver for the global homogeneous charge compression ignition market over the forecast period. However, lack of widespread support in the automotive industry could hinder the global homogeneous charge compression ignition market over the forecast period.
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Competitive Analysis:
Leading players in the global homogeneous charge compression ignition market include Mercedes-Benz USA LLC, Audi AG, Nissan Motor Co. Ltd., Volkswagen of America Inc., Mazda Motor Corporation, Hyundai Motor Company, Honda Motor Company Ltd., General Motors, Daimler AG, and BMW.
Mazda has played a leading role in bringing homogeneous charge compression ignition technology into the mainstream in recent years. While homogeneous charge compression ignition engines running on diesel have been fairly common in the automotive industry, Mazda announced in August 2021 that they had developed a petrol-powered engine that could be run on homogeneous charge compression ignition technology. The technology was then incorporated into Mazda’s production models from 2021.
Segmentation:
The global homogeneous charge compression ignition (HCCI) market is segmented on the basis of product type, vehicle type, and region.
On the basis of product type, the homogeneous charge compression ignition market is divided into two-stroke HCCI engines and four-stroke HCCI engines. Four-stroke HCCI engines are likely to dominate the global homogeneous charge compression ignition market over the forecast period due to the widespread use of four-stroke engines in the modern automotive industry.
On the basis of vehicle type, the market is segmented into passenger cars and commercial vehicles.
Regional Analysis:
The global homogeneous charge compression ignition market is segmented by region into North America, Europe, Asia Pacific, and rest of the world. Asia Pacific is likely to dominate the global homogenous charge compression ignition market over the forecast period due to the growing automotive industry in the region and the growing focus on vehicular emissions as the result of the growing number of vehicles on the road in the region. Several governments in the region have taken on the issue of vehicular emissions, with the adoption of electric vehicles proving to be a popular option. The demand for cars running on homogeneous charge compression ignition engines is also likely to increase over the forecast period, as the number of discerning, knowledgeable car owners in the region is likely to increase over the forecast period.
Asia Pacific is also fast becoming an automotive technology hub, with countries such as China, South Korea, and Japan playing key roles in the development of automotive technologies. This could also work in favor of the homogeneous charge compression ignition market in Asia Pacific over the forecast period.
North America is also likely to remain a leading regional player in the global homogeneous charge compression ignition market over the forecast period due to the growing government support for the widespread incorporation of automotive technologies at the manufacturing level that allow for more efficient engines and less emissions.
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Key Questions Addressed by the Report
- What was the historic market size?
- Which segmentation (Product/ Capacity) is driving market?
- What will be the growth rate?
- How are the key players in this market?
- What are the strategies adopted by key players?
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
About MRFR:
At MRFR , we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
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Market OverviewMarket Research Future (MRFR) reveals the impact of COVID-19 on the homogeneous charge compression ignition market 2020 in its latest report.
As per MRFR study, the global market of homogeneous charge compression ignition is likely to rise at 15% CAGR across the evaluation period.
The combustion process of HCCI is very lean and offers simultaneous reduction in NO and soot emissions from the internal combustion engine.
In the automotive sector, HCCI solutions are observed as effective alternatives to conventional diesel combustion, which is due to rise in the global stringent diesel emissions limits.
The significant role played by HCCI to improve engine performance and curb infamous vehicle emissions are other major causes that can drive the worldwide homogeneous charge compression ignition market in the years to come.Key PlayersMRFR listed some prominent names in the world homogeneous charge compression ignition market.
They are; Daimler AG (Germany), BMW (Germany), Honda Motor Company, Ltd. (Japan), Audi AG (Germany), Hyundai Motor Company (South Korea), General Motors (US), Mazda Motor Corporation (Japan), Volkswagen of America, Inc. (Germany), Nissan Motor Co., Ltd., (Japan), and Mercedes-Benz USA, LLC, (Germany) are among others key players.Market Segment The segment study of global homogeneous charge compression ignition (HCCI) market is based on vehicle type and product type.The product type based segments of the homogeneous charge compression ignition (HCCI) market are four-stroke HCCI engine and two-stroke HCCI engine.The vehicle type based segments of the homogeneous charge compression ignition (HCCI) market are commercial vehicles and passenger cars.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/7617The rise in commercial utility of homogeneous charge compression ignition can significantly boost the market growth across the review period.
The global compression ignition market is expected to exhibit a strong 15% CAGR over the forecast period from 2018 to 2025, according to the latest research report from Market Research Future (MRFR).
It replaces the spark plug with a system wherein the fuel and air enters the engine and is then compressed till the point of spontaneous combustion.
This is likely to be the key driver for the global homogeneous charge compression ignition market over the forecast period, as the demand for cars with high fuel efficiency figures is likely to grow over the forecast period.While conventional petrol engines needs a 14.6:1 ratio between air and fuel, homogeneous charge compression ignition engines can operate at a ratio of 29.4:1, making them much leaner and thus much more efficient.
However, lack of widespread support in the automotive industry could hinder the global homogeneous charge compression ignition market over the forecast period.Request for Free Sample Report @ https://www.marketresearchfuture.com/sample_request/7617Competitive Analysis:Leading players in the global homogeneous charge compression ignition market include Mercedes-Benz USA LLC, Audi AG, Nissan Motor Co. Ltd., Volkswagen of America Inc., Mazda Motor Corporation, Hyundai Motor Company, Honda Motor Company Ltd., General Motors, Daimler AG, and BMW.Mazda has played a leading role in bringing homogeneous charge compression ignition technology into the mainstream in recent years.
While homogeneous charge compression ignition engines running on diesel have been fairly common in the automotive industry, Mazda announced in August 2017 that they had developed a petrol-powered engine that could be run on homogeneous charge compression ignition technology.
The technology was then incorporated into Mazda’s production models from 2018.Segmentation:The global homogeneous charge compression ignition (HCCI) market is segmented on the basis of product type, vehicle type, and region.On the basis of product type, the homogeneous charge compression ignition market is divided into two-stroke HCCI engines and four-stroke HCCI engines.
