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Gasoline Direct Injection (GDI) Market Research Report – Global Forecast To 2023
Posted: Aug 31, 2019
Market Research Future has published a half-cooked research report on the Global Gasoline Direct Injection (GDI) Market.
Market Synopsis
The Global Gasoline Direct Injection (GDI) is presumed to register a significant CAGR during the forecast period (2016-2023) owing to the growing demand for high fuel efficiency, asserts Market Research Future (MRFR). Gasoline direct injection is a fuel injection system where high pressurized gasoline is injected into the combustion chamber of each chamber that injects fuel to intake tract. Incorporating of GDI systems leads to ultra-lean-burn of fuel which further results in increased power and better fuel efficiency.
Drivers and Constraints Impacting the Market
With the increasing production of vehicles across the globe, the gasoline direct injection market is estimated to foster during the review period. The growing demand for high fuel efficiency, rising implementation of environmental regulations, strict government mandates, and adoption of advanced automotive technologies are some of the major factors contributing to the growth of the market. Moreover, factors such as rising utilization of alternative fuel like ethanol and growing trend of engine downsizing are propelling the market growth over the forecast period. Also, advancement of turbo GDI systems, adoption of newer emission standards in several countries, and development of GDI systems in hybrid vehicles in order to improve propulsion are likely to provide lucrative opportunities for the market.
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On the flip side, high cost of GDI systems owing to high-pressure components, residual particulate soot, and growing penetration of electrical vehicles are considered to impede the gasoline direct injection market in the coming years.
Global Gasoline Direct Injection Market: Segmental Analysis
The global gasoline direct injection market has been segmented on the basis of support technology, component, vehicle type, and region.
By mode of support technology, the gasoline direct injection market has been segmented into GPF and gasoline turbocharger.
By mode of component, the gasoline direct injection market has been segmented into fuel injectors, electronic control units, fuel pumps, and sensors. Among these, electronic control units account for the highest share in terms of revenue owing to the high cost and adoption in all GDI engines.
By mode of vehicle type, the gasoline direct injection market has been segmented into commercial vehicle and passenger vehicle. Among these, passenger cars account for the major market share and are likely to maintain its dominance during the assessment period. The growth is attributed to the increasing sales in passenger cars and high adoption of fuel-efficient systems by automobile manufacturers.
Regional Insights
Geographically, the gasoline direct injection market span across regions namely, Europe, North America, Asia Pacific, the Middle East and Africa, and Latin America.
Among all the regions, North America is presumed to dominate the global market owing to the increasing demand for automobile. With the growing demand for commercial vehicles, there is a rising demand for GDI systems in this region. Moreover, high demand for fuel-efficient vehicles and heavy investment in the technological development is considered to augment the growth of gasoline direct injection market in this region.
The European region is presumed to exhibit significant growth due to the presence of major auto manufacturers which focuses on meeting the growing demand for commercial and passenger vehicles.
Asia Pacific is also considered to register a considerable growth rate owing to the presence of populous countries such as India and China. High growth of automotive market in Asia is further considered to trigger the demand for GDI in this region.
Competitive Dashboard
The major players operating the global market are MSR-Jebsen Technologies (China), Continental (Germany), Mitsubishi Electric Corp. (Japan), Magneti Marelli (Italy), Eaton Corporation (IRELAND), Denso (Japan), Bajaj Auto (India), Stanadyne (U.S.), Delphi (U.K.), Hitachi (Japan), and Bosch (Germany).
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https://www.reuters.com/brandfeatures/venture-capital/article?id=89424
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