Market size for gasoline direct injection (GDI) devices to reach
According to Precedence Research, the market size for gasoline direct injection (GDI) devices is expected to reach approximately US $ 14 billion by 2027, with a CAGR of 10.9%.
OTTAWA, June 29, 2021 (GLOBE NEWSWIRE) – The Gasoline Direct Injection (GDI) Devices Market The size was valued at US $ 4.11 billion in 2019. Gasoline Direct Injection (GDI) refers to a fuel injection system that injects gasoline at high pressure directly into the chamber. each cylinder in the engine compared to conventional multipoint fuel injection (MPFI) which injects fuel into an intake duct. The implementation of GDI systems provides ultra-lean fuel consumption which consequently results in increased power and better fuel efficiency.
The market for GDI devices is primarily driven by increased demand for fuel efficient vehicles as well as reduced vehicle emissions. Regulatory authorities are heavily focused on promoting zero-emission vehicles and thereby help reduce the harmful impact of carbon on the environment around the world. In addition, the increasing production of passenger and commercial vehicles across the world is the other most important factor propelling the growth of the GDI device. Incorporation of advanced technologies as well as strict standards of regulatory bodies to reduce the emission rate projected to boost the size of the market in the coming period. However, the electrification of vehicles with the implementation of electric vehicles in the next few years is expected to significantly hamper the growth of the market during the projected period.
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Government organizations are offering tax cuts, incentives, as well as charging stations to stimulate demand for electric vehicles which are expected to create a barrier for gasoline-powered vehicles, which in turn further restricts the growth of the industry. . For example, in 2020, the Chinese government offered lucrative incentive policies and a reduction in the purchase price of electric vehicles to boost its adoption in the coming period.
Apart from this, the high cost of GDI devices due to the high pressure components along with the residual particulate soot are the other major factors which are hampering the growth of the market. Nonetheless, the development of GDI devices in future hybrid vehicles to improve their propulsion, the advancement of turbo GDI devices and the adoption of new emission standards in several countries are expected to provide an attractive opportunity for the growing adoption of GDI devices. during the forecast period.
Highlights of the report
- Europe leads the global market for GDI devices when it comes to stringent energy efficiency standards and emissions targets
- The Asia-Pacific region is expected to register the highest growth in the next few years due to the increased attention of automotive market players towards untapped opportunities in the region
- Per component, fuel injectors are expected to experience significant growth during the analysis period due to the need for precise fuel injection control to ensure complete combustion of the fuel.
- The Electronic Control Units (ECU) segment is expected to experience significant growth in the GDI devices market due to the multiple flexible input and output channels
- Passenger cars dominate the GDI device market in terms of revenue due to the increasing inclination of consumers towards luxury and premium cars, especially in developed countries
- Commercial vehicle segment is expected to experience steady growth due to increase in road transport as well as domestic business activities across the globe
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Europe has become the global market leader for GDI devices due to the significant presence of automotive players in the region. Additionally, commercial vehicle manufacturers primarily focus on providing their customers with GDI-integrated engines that follow standards to further reduce a vehicle’s emissions. A well-established distribution network in the automotive industry across the region is expected to further enhance the industry’s penetration.
Asia-Pacific is experiencing the fastest growing over the next few years, attributed to strict government standards aimed at reducing CO2 emissions in the region. For example, in April 2017, the Indian government mandated to upgrade vehicle engines to Stage IV engines that reduce pollution and meet environmental standards. In addition, in January 2016, the Chinese government mandated to achieve a fuel economy of 5.0 L / 100 km for all conventional passenger vehicles sold by 2020, thereby propelling the market size of GDI devices into the region.
Key players and strategies
The global gasoline direct injection (GDI) device market is experiencing intense competition among industry players due to the increased focus on improvement, development, and new product launch. For example, in May 2019, Delphi Technologies introduced its new GDI system at over 500 bar which reduces particulate emissions by almost 50% compared to standard GDI systems. This should help the company expand its product portfolio and serve more consumers.
Some of the major 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 SpA, among others. .
- Fuel injectors
- Electronic control units
- Fuel pumps
- Passenger cars (PC)
- Commercial vehicles (CV)
By regional perspectives
- North America
- Asia Pacific
- Rest of the world
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