Gasoline Direct Injection (GDI) System Market 2018-2024 | Global Overview By Leading Companies – (Bosch, Continental, Delphi, DENSO, Magneti Marelli)

Gasoline Direct Injection System Market size is set to exceed USD 10 billion by 2024, according to a new research report by Global Market Insights, Inc. The need to comply with regulatory guidelines, advancements in fuel saving technologies, and escalating demand for mobility & logistics are the foremost factors fueling the gasoline direct injection system market size. Growing environmental concerns regarding the polluting emissions generated by the other fuel injection alternatives are likely to garner increased consumer favorability towards the GDI system market.

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Industry Growth Drivers:

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

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.

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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Increasing competition in the automotive industry is likely to attract new entrants, particularly in low-cost countries, such as China, and evolving vehicle technology areas. Owing to the advent of new participants in the industry, established players are likely to face intense competition over the forecast timeframe. The automotive parts industry remains highly competitive, despite the ongoing consolidation and decreasing number of competitors. OEMs classify suppliers based on the price, product quality, timeliness of delivery, reliability, technical expertise, and product design capabilities. New product innovation, application of lean principles, operational flexibility, and financial viability are a few growth avenues for gasoline direct system market suppliers over the long-run.

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. MEA is expected to witness growth at over 10% CAGR owing to the rising demand from transport segment in the region.

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.

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.

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Continental, ZF Friedrichshafen, Apec Braking, ACDelco, Brembo, Akebono, and Mando are among the prominent participants in the automotive brake calipers market. Other noticeable players include Brakes International, Robert Bosch, Budweg, and WABCO. Business expansion is a key strategy adopted by the competitors to enhance their visibility in the industry. For instance, in 2017, Akebono planned to expand its manufacturing capacity for brake caliper, especially in Asia Pacific.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Corporate Sales, USA
Global Market Insights, Inc.
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This release was published on openPR.