The Gasoline Direct Injection (GDI) Device Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Gasoline Direct Injection (GDI) Device Global Market Report 2024, 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.
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.
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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 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 gasoline direct injection (gdi) device market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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