North America GDI System Market to Hit $5.96 Billion by 2031, Fueled by Demand for Fuel Efficiency and Performance

Increase in demand for fuel-efficiency, greater engine performance, and thermal efficiency, growth in inclination toward engine downsizing and reduced weight of vehicles, and strict regulations regarding emission have boosted the growth of the North America gasoline direct injection (GDI) system market. However, electrification of vehicles and high cost of GDI engines hinder the market growth. On the contrary, technological advancements and incorporation of GDI systems in hybrid vehicles are expected to open new opportunities in the future.

As per the report published by Allied Market Research, the North America gasoline direct injection (GDI) system market was pegged at $3.15 billion in 2021, and is expected to reach $5.96 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031.

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U.S. dominated the North America GDI market in 2021. Greater demand for fuel efficient vehicles with enhanced engine performance is encouraging vehicle manufacturers in the country to integrate GDI technology in their fleets. U.S. has issued new greenhouse gas emission standards to control the increasing level of CO2 emissions. In December 2021, the Environmental Protection Agency (EPA) issued new greenhouse gas emission standards for new passenger cars and light-duty trucks with model years 2023-2026. The regulation requires automakers to reach industry-wide target of 161 carbon dioxide grams per mile (g/mi) in 2026, which increases in stringency by 9.8% from model years 2022 to 2023, 5.1% in model year 2024, 6.6% in model year 2025 and 10.3% in model year 2026.

Based on component, the fuel injectors and rails segment held the largest share in 2021, accounting for around half of the market. However, the electronic control units segment is expected to manifest the highest CAGR of 7.7% from 2022 to 2031.

On the basis of engine type, the 4 cylinder segment dominated the market in terms of revenue in 2021, contributing to more than half of the market. In addition, the segment is expected to register the highest CAGR of 7.3% during the forecast period. The report includes analysis of other segments such as 6 cylinder, 8 cylinder, and others.

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Based on vehicle type, the commercial vehicles segment held the largest share in 2021, accounting for nearly three-fifths of the North America gasoline direct injection (GDI) system market. Furthermore, the segment would showcase the highest CAGR of 7.2% from 2022 to 2031.

Covid-19 scenario:

The Covid-19 pandemic created uncertainty in the market due to disruptions of supply chain, fall in business confidence, and increase in panic among consumers.
The prolonged lockdown and strict regulations regarding cross-border import-export created challenges in the procurement of raw materials. Moreover, several automakers temporarily suspended manufacturing activities so as to curb the spread of the infection.

By Engine Type

4 Cylinder
6 Cylinder
8 Cylinder
Others

By Component

Fuel Injectors and Rails
Fuel Pumps
Electronic Control Units
Others

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The North America gasoline direct injection (GDI) system market includes an in-depth analysis of the prime market players such as BorgWarner Inc., Continental AG, Denso Corporation, Hitachi Ltd., Hyundai Motor Company, Marelli Holdings Co., Ltd., Mitsubishi Electric Corporation, Park-Ohio Holdings Corporation, Robert Bosch GmbH, and Stanadyne LLC.

KEY BENEFITS FOR STAKEHOLDERS

This study presents the analytical depiction of the North America gasoline direct injection system market analysis along with the current trends and future estimations to depict imminent investment pockets.
The overall North America gasoline direct injection (GDI) system market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the North America gasoline direct injection system market with a detailed impact analysis.
The current gasoline direct injection system market is quantitatively analyzed from 2022 to 2031 to benchmark financial competency.
Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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