Press release
Gasoline Direct Injection (GDI) Device Market Size, Share, Growth, Trends And Forecast 2024-2033
Gasoline Direct Injection (GDI) Device Market
Market Size And Growth Forecast:
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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Market Segmentation:
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)
Major Driver - Surging Automobile Manufacturing And Sales Fuel Growth In Gasoline Direct Injection (GDI) Device Market
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.
Competitive Landscape:
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.
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Top Trend - Advanced Technologies Propel Gasoline Direct Injection (GDI) Device Market
The adoption of advanced technologies is the key trend gaining popularity in the gasoline direct injection (GDI) device market. Major companies operating in the gasoline direct injection (GDI) device market are focused on adopting innovative technologies to strengthen their position in the market. For instance, in August 2022, Stanadyne, a US-based gasoline direct injection (GDI) device manufacturer, fuel injectors, and fuel pumps for gasoline and diesel engines, launched a 1,000-bar gasoline direct injection (GDI) fuel injector. The newly developed injector is a revolutionary technology that has exceeded the company's benchmark performance expectations by 20%, with the first test achieving 1,200 bar of fuel pressure. The efficient magnetic architecture of the injector offers superb feedback for unmatched fuel management. It employs a novel armature design that considerably decreases over-fueling throughout the injection-opening process. Furthermore, its changeable valve body diameter provides for tighter packing, and the power group's modular structure allows for quick and economical switchovers between different connection types.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Gasoline Direct Injection GDI Device Market Characteristics
3. Gasoline Direct Injection GDI Device Market Trends And Strategies
4. Gasoline Direct Injection GDI Device Market - Macro Economic Scenario
5. Gasoline Direct Injection GDI Device Market Size And Growth
…..
27. Gasoline Direct Injection GDI Device Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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