Gasoline Direct Injection Market Size, Share, Trends & Analysis by 2027
According to a research report "Gasoline Direct Injection Market by Engine (I3, I4, V6, V8), Component (Fuel Injector, Rail, Pump, Sensor, ECU), Vehicle Type (Hatchback, Sedan, SUV/MPV), Hybrid Vehicles, Technology (Gasoline Turbocharger, GPF) & Region - Global Forecast to 2027" published by MarketsandMarkets, the gasoline direct injection market is estimated to grow from USD 5.1 billion in 2022 to USD 7.3 billion by 2027 at a CAGR of 7.1% over the forecast period.
Growing
stringency in emission limits with decreased emission limits is expected to
drive the gasoline direct injection market. In addition, technological
advancements such as turbo GDI system, GDI system for hybrid electric vehicles
(HEV) & plug-in hybrid electric vehicles (PHEV) would create growth
opportunities for the gasoline direct injection market.
ECU is
expected to be the largest segment during the forecast period
The ECU
segment is estimated to lead the market mainly due to growing advancements in
gasoline direct injection engines. A single-engine control unit (ECU) controls
the fuel injectors, regardless of engine size. However, the cost of the ECU is
likely to increase in the near future as these are becoming complex as engines
use an increasing number of advanced sensors to increase efficiency. ECUs must
be able to analyze the data received from the sensors efficiently. Increased
demand has encouraged the manufacturers of gasoline direct injection engines
and other component manufacturers to offer technologically advanced ECU that
helps in the necessary air-fuel mixture, ignition timing, and exhaust gas
treatment. Growing demand for premium vehicles and the integration of advanced
technology is expected to increase the demand for ECUs in gasoline direct
injection engines.
Inquiry
Before Buying @
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=196131228
The
SUV/MPVs are expected to hold the largest market share for GDI engines in 2022
The
SUV/MPV segment holds the largest gasoline direct injection market share. SUVs
and MPVs are the most popular segment purchased globally. With a better storage
facility, these segment cars are mostly preferred for the passenger and cargo
segments. Initially, General Motors in the USA started manufacturing radically
restructured cars, which shifted consumers to buy SUVs and MPVs, which resulted
in declining demand for sedan cars. In North America. The same trend is now
spread around the globe, where the SUV segment is modified into full-size,
mid-size, and compact SUVs. In North America and Europe, SUVs/MPVs are equipped
with V6 and V8 engines; however, in Asia Pacific, most SUVs are equipped with
I4 engines due to their price-sensitive market. In terms of volume, North
America is estimated to be the largest and the fastest market for GDI systems
in SUV/MPV due to their high penetration rate. With the growing demand for SUVs
and MPVs worldwide, the segment is expected to lead the market in the near
future.
Asia
Pacific is expected to grow at the highest CAGR during the forecast period.
China is
considered the manufacturing hub for the automotive industry. According to
MarketsandMarkets, China and India produce approximately 25 million vehicles
yearly. The demand for gasoline cars has increased with the increased
production of vehicles and upgraded emission regulations (BS-VI and China 6).
The GDI engines offer better fuel efficiency, increased volumetric efficiency,
lower exhaust emissions, and high-quality fuel distribution. They produce more
power using less fuel; thus, GDI engines would be preferred over conventional
MPFI engines. China is estimated to dominate the Asia Pacific GDI engines
market during the forecast period contributing >40% to Asia’s GDI engine
market. . Thus, the region is estimated to dominate the gasoline direct
injection market with a >45% share in 2022.
Key
Market Players:
The
Gasoline Direct Injection Market is primarily dominated by players like Robert
Bosch GmbH (Germany), Denso (Japan), Hitachi (Japan), BorgWarner Inc. (US), and
Magneti Marelli (Italy).
Request For Special Pricing @
https://www.marketsandmarkets.com/discountreports.asp?id=196131228
Comments
Post a Comment