Categories: Automotive

Gasoline Direct Injection (GDI) Device Market Size To Grow USD 17.06 Billion by 2032

The global gasoline direct injection (GDI) device market size was estimated at USD 6.92 billion in 2022 and it is expected to hit around USD 17.06 billion by 2032, growing at a CAGR of 9.5% during the forecast period from 2023 to 2032.

Gasoline Direct Injection (GDI) device refers to a fuel injection system that injects high pressure gasoline directly into the combustion chamber of every cylinder of the engine compared to the conventional Multipoint Fuel Injection (MPFI) that injects fuel into an intake tract. The implementation of GDI systems offers ultra-lean-burn of fuel that consequently results in increased power and better fuel efficiency.

Get a Sample: https://www.precedenceresearch.com/sample/1126

Gasoline Direct Injection (GDI) Device Market Growth Factors

The GDI device market is mainly driven by rise in demand for fuel-efficient together with high-performance vehicles as well as reduced vehicle emission. Regulatory authorities focus significantly on promoting vehicles that have zero emission and thus helps to reduce the harmful impact of carbon on the environment across the globe. Furthermore, the increasing production of passenger as well as commercial vehicles across the globe is the other most prominent factor that propels the growth of the GDI device. Incorporation of advanced technologies along with stringent norm from regulatory bodies to curb the emission rate projected to impel the market size in the forthcoming period. However, vehicle electrification with the implementation of electric vehicles during the upcoming years expected to majorly hamper the market growth over the projected period.

Government organizations offer tax reduction, incentives, as well as charging stations for propelling the demand for electric vehicles that expected to create a barrier for petrol driven vehicles that in turn further restricts the growth of the industry. For instance, in 2020, the government of China offered lucrative incentive policies and reduction in the purchasing price of electric vehicles to boost its adoption over the upcoming timeframe.

Apart from this, high cost of GDI devices because of high-pressure components along with residual particulate soot are the other important factors that hinder the growth of the market. Nonetheless, development of GDI devices in forthcoming hybrid vehicles to improve their propulsion, advancement of turbo GDI devices, and adoption of new emission standards in several countries expected to offer alluring opportunity for the increasing adoption of GDI devices over the forecast period.

Report Highlights

  • Europe led the global GDI device market pertaining to the stringent norms for fuel efficiency and emission targets
  • The Asia Pacific region expected to register the highest growth over the forthcoming years due to increased focus of automotive market players towards untapped opportunities in the region
  • By component, fuel injectors anticipated to witness prominent growth over the analysis period owing to need for precise control over fuel injection to ensure complete combustion of fuel
  • The Electronic Control Unit (ECU) segment projected to witness significant growth in the GDI device market owing to the flexible multiple input & output channels
  • Passenger cars lead the GDI device market in terms of revenue because of rising inclination of consumers towards luxury & premium cars especially in developed countries
  • The commercial vehicle segment projected to witness a steady growth due to the rising road transportation along with domestic trading activities across the globe

Regional Snapshots

Europe emerged as the global leader in the GDI device market owing to significant presence of automotive players in the region. In addition, the commercial vehicle manufacturers focus primarily on providing their customers with engines integrated with GDI device that follows the norms to further curb the emissions from a vehicle. Highly established distribution network in the automobile industry across the region projected to further strengthen the industry penetration.

The Asia Pacific encounters the fastest growth over the forthcoming years attributed to stringent government norms to curb the CO2 emission in the region. For instance, in April 2017, the government of India mandated to upgrade the vehicle engines to the stage IV engines that reduce pollution as well as satisfy the environmental norms. Moreover, in January 2016, Chinese government mandated to achieve fuel economy of 5.0 L/100 km for all conventional passenger vehicles sold by the year 2020, thereby propelling the market size of GDI devices in the region.

Read More: Commercial Vehicles Market Size Poised to Exceed $3.07 Trn By 2030

Key Players & Strategies

The global Gasoline Direct Injection (GDI) Device market witness intense competition among the industry participants due to increased focus on new product enhancement, development, and launch. For instance, in May 2019, Delphi Technologies introduced their newly developed 500+ bar GDI system that reduces the particulate emissions nearly 50% compared standard GDI systems. This expected to help the company in expanding their product portfolio along with to serve larger number of consumer base.

Some of the key players operating in the market are Delphi Automotive LLP, Eaton Corporation, DENSO Corporation, Continental Corporation GmbH, Robert Bosch GmbH, Stanadyne LLC, Keihin Corporation, Hitachi Automotive Systems, Ltd., TI Automotive, and Magneti Marelli S.p.A among others.

Market Segmentation

By Component

  • Fuel Injectors
  • Electronic Control Units
  • Sensors
  • Fuel Pumps

By Application

  • Passenger Cars (PC)
  • Commercial Vehicles (CV)

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

You can place an order or ask any questions, please feel free to contact at sales@precedenceresearch.com | +1 9197 992 333

Prathamesh Sakpal

Recent Posts

Automotive Seat Market Size to Attain USD 133.05 Bn by 2033

The global automotive seat market size is calculated at USD 94.13 billion in 2024 and…

13 hours ago

Pit Bike Market Size to Surpass USD 4.22 Billion By 2033

The global pit bike market size reached USD 2.14 billion in 2023 and is projected…

13 hours ago

Go Kart Market Size to Cross USD 211.88 Billion by 2033

The global go kart market size is calculated at USD 154.66 billion in 2024 and…

13 hours ago

Industrial Electric Vehicle Market Size, Growth, Report by 2033

The global industrial electric vehicle market size is calculated at USD 26.04 billion in 2024…

14 hours ago

U.S. Automotive Retrofit Electric Vehicle Powertrain Market Size, Report 2033

The U.S. automotive retrofit electric vehicle powertrain market size reached USD 64.62 billion in 2023…

14 hours ago

Industrial Vehicle Market Size to Cross USD 65.60 Bn by 2033

The global industrial vehicle market size reached USD 41.72 billion in 2023 and is projected…

1 day ago