GDI System Market will grow at over 12% CAGR to 2024 By Key Vendors - Bosch USA, Continental, Delphi, DENSO, Magneti Marelli, Eaton, Bajaj Auto

U.S. GDI system market accounted for over 90% of the North American revenue due to requirement of compliance with stringent regulatory standards for emissions in the region. It is estimated that the country will witness a growth at over 13% CAGR over the coming years. Sensors form an integral part of the overall equipment and are used to measure engine speed, multiple pressures, and oxygen content to assess efficient combustion. Owing to their varied applications, sensors contributed to around 9% of the overall gasoline direct injection system market share.

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Industry Growth drivers:

1 Surging demand for increased mobility
2 Advanced fuel saving technologies
3 Global regulatory landscape

Europe contributed over 40% to the GDI system market share in 2015 owing to rapid rate of adoption in the region. APAC is projected to witness the highest CAGR over the forecast time period owing to emerging economic conditions in the region.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Bosch
2. Continental Corporation
3. Delphi Automotive LLP
4. DENSO Corporation
5. Magneti Marelli
6. Stanadyne
7. MSR-Jebsen Technologies
8. MOTONIC
9. KEIHIN Corporation
10. Holley Performance Products
11. Airtex products
12. Eaton Corporation
13. Hitachi Automotive Systems Ltd.
14. Mitsubishi Electric Corporation
15. Bajaj Auto Ltd.

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Rising demand for automobiles and the need to address fuel economy requirements from the price sensitive user base are forecast to drive the GDI system market. Stringent regulations pertaining to carbon dioxide emission and other standards will attract a larger customer base. Furthermore, technological advancements and developments such as use of controlled valve and drive systems in order to provide optimal fuel economy metrics will stimulate the gasoline direct injection system market growth.

Passenger car demand has witnessed significant growth with the rising demand for personal vehicles specifically in China, U.S., and India. Growing demand has led to a significant growth in demand for the utilization of economic fuel engines, such as gasoline direct injection system, in passenger cars.

The industry has witnessed considerable concerns regarding the carbon buildup and related problems in these engines and components. Moreover, high initial costs and decreasing fuel economy and emission standards, specifically in Europe and the U.S. are likely to present a potential growth challenge to the gasoline direct injection system market through 2024. Benefits offered by alternatives available in the industry in the form of Port Fuel Injection (PFI) will also hamper the overall growth.

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Some industry players are Bosch, Delphi, Continental, Denso, Hitachi, and Magneti Marelli. This industry is characterized by a considerable degree of consolidation in regional segments. Other companies in the GDI system market include Stanadyne, Eaton Corporation, MSR-Jebsen Technologies, Bajaj Auto Ltd., and Mitsubishi Electric Corp. Efficient solutions and engineering modifications relating to carbon deposition problems in GDI engines are expected to find considerable demand and investment over the coming years.

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