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Gasoline Direct Injection System Market Report 2024| Bosch, Continental, Delphi Automotive LLP, DENSO, Magneti Marelli, Stanadyne, MSR-Jebsen Technologies, MOTONIC, KEIHIN, Holley Performance Product

03-19-2020 03:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

Gasoline Direct Injection System Market

Gasoline Direct Injection System Market

APAC has been predicted to emerge as one of most lucrative growth avenues for gasoline direct injection system market, pertaining to the extensive expansion of the automotive sector and surging demand for fuel efficient vehicles in the region. Countries such as India, Indonesia, and China are slated to be the major revenue pocket, subject to the increasing awareness regarding GHG emissions in the region.

GDI systems help enhance the fuel costs and driving experience, thereby contributing to the reduced pollution and emissions in the atmosphere. This will contribute greatly to the growth of the gasoline direct injection system market. In addition, the convergence of advanced technologies with automotive components, enhanced vehicle operation, compactness, and high performance in automobiles will ensure an exponential rise in the consumer pool, thereby driving gasoline direct injection system market.

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Leading corporations have been trying to diversify their product offering by means of incorporating advanced technologies in order to gain an edge over their competitors. For instance, Denso, in 2014, declared that it planned to invest around USD 10 million at DIAM (DENSO International America) with an aim to develop GDI systems components for improving the overall product performance. These initiatives will subsequently lead to an increased consumer base, thereby propelling gasoline direct injection system market.

. Gasoline direct injection system industry from passenger cars application is likely to increase notably over the next seven years, especially across the U.S. and China, which hold the largest passenger car customer pool. High demand for reliable, cost-effective, and enhanced performance commercial vehicles from the transportation and logistics sectors will spur gasoline direct injection system market from commercial vehicles. Having accounted for more than 30% of the total share in 2015, commercial vehicles application is set to grow at a CAGR of more than 12% over 2016-2024.

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Global GDI system market is highly competitive and industry leaders are continuously engaged in growth tactics to sustain their position. Since global automotive industry being highly consolidated, GDI system market players periodically face issues related to pricing and product innovations. Key participants accumulating a major share of gasoline direct injection system industry include Bajaj Auto Ltd., Bosch, Stanadyne, Mitsubishi Electric Corp., Hitachi, MSR Jebsen Technologies, Magneti Marelli, Continental, Eaton Corporation, Denso, and Delphi.

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