Press release
Gasoline Direct Injection (GDI) Device Market 2024 - Global Driving Factors, Top Manufacturers, Growth Opportunities And Forecast To 2033
Gasoline Direct Injection (GDI) Device Market
The Business Research Company presents an extensive market research report on the Gasoline Direct Injection (GDI) Device Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The gasoline direct injection (gdi) device market size has grown rapidly in recent years. It will grow from $7.58 billion in 2023 to $8.63 billion in 2024 at a compound annual growth rate (CAGR) of 13.8%. The growth in the historic period can be attributed to increased focus on engine performance enhancement, market shift from port fuel injection, fuel atomization and combustion efficiency, consumer demand for high-performance vehicles, government incentives for fuel efficiency.
The gasoline direct injection (gdi) device market size is expected to see rapid growth in the next few years. It will grow to $13.79 billion in 2028 at a compound annual growth rate (CAGR) of 12.4%. The growth in the forecast period can be attributed to continued stringency of emission standards, focus on engine downsizing, growing demand for suvs and crossovers, global shift towards gasoline powertrains. Major trends in the forecast period include product innovation, advancements in gdi technology, dual injection systems, integration of gdi with hybrid systems, lightweight materials and design optimization.
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Key Market Players:
Major companies operating in the gasoline direct injection (gdi) device market report are Mitsubishi Motors Corporation, Robert Bosch GmbH, Hitachi Ltd., Denso Corporation, Continental AG, Eaton Corporation, STMicroelectronics N.V., BorgWarner Inc., Magneti Marelli S.p.A, Dana Incorporated, GDI Technology Inc., Delphi Technologies plc, NGK Spark Plug Co. Ltd., Sensata Technologies Inc., Nexteer Automotive Corporation, TI Fluid Systems, Holley Performance Products Inc., Keihin Co. Ltd., Stanadyne LLC, Engineered Machined Products Inc., High-Performance Industries Inc., Convergence Systems Limited, GP Performance, Hyundai KEFICO Corporation, Bosch Automotive Service Solutions Inc.
Market Drivers:
The rising automobile manufacturing and sales are expected to drive the are expected to propel the growth of the gasoline direct injection (GDI) device market in the coming future. Automobile manufacturing can be described as the transformation of basic materials into automobiles and their components. Automobile sales refer to the number of motor vehicles manufactured, repaired, and sold. The rising automobile manufacturing and sales are driving the gasoline direct injection (GDI) device market as it enhances fuel efficiency and decreases carbon emissions comparatively. For instance, in May 2023, according to The European Automobile Manufacturers Association (ACEA), a Germany-based automobile manufacturers association, there were 85.4 million automotive vehicles produced worldwide in 2022, an increase of 5.7% compared to 2021. Therefore, the rising automobile manufacturing and sales are driving the gasoline direct injection (GDI) device market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/gasoline-direct-injection-gdi-device-global-market-report
The gasoline direct injection (gdi) device market covered in this report is segmented -
1) By Product Type: Four-cylinder GDI, Six-cylinder GDI, Other Products
2) By Component: Fuel Injectors, Electronic Control Units, Sensors, Fuel Pumps
3) By Operating Mode: Stratified mode, Homogenous mode
4) By Application: Passenger Cars (PC), Commercial Vehicles (CV)
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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