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Will Mea Emerge Out To Be An Important Region For Growth Of Gasoline Direct Injection (GDI) system market Size?
Gasoline Direct Injection (GDI) system market
The Gasoline Direct Injection (GDI) system market deliver improved driving performance along with introducing next-gen fuel saving technologies to combat the toxic carbon emissions.
Introduction of stringent government regulations for reducing the harmful vehicle emissions is further stimulating the GDI system industry growth. Various regulatory bodies such as the US Consumer Product Safety Commission, Environmental Protection Agency, and National Highway Traffic Safety Administration, have established several emission and fuel economy standards to suffice the reduction in GHG emissions leading to fostering the market size over the 2016-2024.
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Surging capital investments for the improvements in public infrastructure by various national governments has enabled the Gasoline Direct Injection (GDI) system market trends to display a marked ascent by 2024.
Moreover, various industry giants are unitedly involved in devising strategic investments with an intent to expand their manufacturing facilities and augment the production capabilities. For instance, Denso, in early 2015, declared an investment of nearly USD 85 million in the expansion of a production plant in North America with an aim to develop a strong consumer base.
What impact does the fuel injector segment have on the global GDI system market?
GDI systems entail four primary components which include, fuel injectors, electronic control units, sensors, and fuel pumps. The electronic control units have stood tall in the realm of GDI components during 2015 owing to the burgeoning product demand for regulated equipment control.
Fuel injector segment, as well, is forecast to stand firm in the component hierarchy, perhaps attributing to the component’s capability of maintaining air feul mixture and offering limited emission. Additionally, exquisitely designed injector nozzles have been claimed to provide high efficiency fuel spray in the engine and delivering superior fuel combustion as compared to other systems.
Reliable sources claim that the fuel injector segment will foster at a prodigious pace in the upcoming years in the Gasoline Direct Injection (GDI) system market realm.
Are commercial vehicles really playing a pivotal role in the expansion of Gasoline Direct Injection (GDI) system market?
High economic affluences across various regions has led to an appreciable growth in the sales of passenger vehicles globally. The US and China are stated to rule the passenger vehicles reign thereby driving GDI systems market.
Meanwhile, commercial vehicle segment is projected to accrue noteworthy gains over the stipulated time period. This growth can be aptly credited to the proliferating logistics industry and expanding transportation activities.
Concurrently, elevating construction, recreational and mining operations over the globe have provided an impetus to the global GDI system industry. In addition to that, diminished vibration and improved reliability as well as contributed to the revenue upscale of the market.
What are the factors fostering the APAC and MEA GDI system markets?
In terms of the regional outlook, APAC has been claimed to emerge as one of the most profitable growth avenues for the GDI system market. Further, speculations have been upheld that the region is forecast to account a significant growth in the coming time, pertaining to the extensive establishment of new manufacturing plants.
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Robust presence of various industry players in India, China, and Japan have further accelerated the growth graph of the regional market. In context of this, myriad OEMs are involved in regional market expansion by expanding their operational facilities. This is supported by the fact that Daimler AG in March 2019, launched a produce design center offering large scale modernization and improved working environment.
MEA on the other hand, held over a significant business share in GDI market during 2015 and is anticipated to register a CAGR of 10 per cent through 2024. This is attributed to the ever-growing demand for the GDI systems from the transport segment.
According to a research report by Global Market Insights, Inc., the worldwide GDI system industry is likely to target an overall valuation of USD 10 billion by the end of 2024 in the terms of revenue.
Table of Contents (ToC) of the report:
Chapter 4 Gasoline Direct Injection System Market, By Component
4.1 Global GDI system market share by component, 2015 & 2024
4.2 Electronic Control Units
4.2.1 Market estimates and forecast, 2012-2024
4.2.2 Market estimates and forecast, by region, 2012-2024
4.3 Fuel Injectors
4.3.1 Market estimates and forecast, 2012-2024
4.3.2 Market estimates and forecast, by region, 2012-2024
4.4 Sensors
4.3.1 Market estimates and forecast, 2012-2024
4.3.2 Market estimates and forecast, by region, 2012-2024
Chapter 5 Gasoline Direct Injection System Market, By Application
5.1 Global GDI system market share by application, 2015 & 2024
5.2 Passenger Car (PC)
5.2.1 Market estimates and forecast, 2012-2024
5.2.2 Market estimates and forecast, by region, 2012-2024
5.3 Commercial Vehicles (CV)
5.3.1 Market estimates and forecast, 2012-2024
5.3.2 Market estimates and forecast, by region, 2012-2024
Chapter 6 Gasoline Direct Injection System Market, By Region
6.1 Global GDI system market share by region, 2015 & 2024
6.2 North America
6.2.1 Market estimates and forecast, 2012-2024
6.2.2 Market estimates and forecast, by component, 2012-2024
6.2.3 Market estimates and forecast, by application, 2012-2024
6.2.4 U.S.
6.2.4.1 Market estimates and forecast, 2012-2024
6.2.4.2 Market estimates and forecast, by component, 2012-2024
6.2.4.3 Market estimates and forecast, by application, 2012-2024
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Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights, Inc.
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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