Global Gasoline Direct Injection Market is
expected to reach $10,771 million by 2024 from $2,800 million in 2016, growing
at a CAGR of 18.3% from 2016 to 2024. By geography, Asia Pacific and Europe are
expected to grow at a CAGR of 19.3% and 18.3%, respectively, during the
forecast period.
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Some of the major
drivers of global gasoline direct injection market are growing need for high
fuel efficient & performance vehicles, increasing adoption of automotive
GDI and expanding rules & regulations for the carbon emission. Though, high
cost of systems and rising demand for electric vehicles may hinder the growth
of the market. Technological advancements and new GDI systems for hybrid
vehicles would provide growth opportunities in the coming years.
The global
gasoline direct injection market has been segmented into component vehicle
type, and geography. The component segment comprises fuel injection, sensors,
fuel pump, ECU and others. Vehicle type segment includes passenger cars, light
commercial vehicles and heavy commercial vehicles. In 2016, passenger cars held
for the largest market share and it is also anticipated to grow at a fastest
CAGR over forecast period 2016-2024.
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North America,
Europe, Asia-Pacific and RoW are the geographical segment of the market. North
America held for the largest market share followed by Asia-Pacific in 2016. In
terms of growth, Asia-Pacific is expected to grow at a fastest CAGR from 2016
to 2024. The growth is attributed to growing disposable income, increasing
concern for environment and significant growth in the automobile sector.
The key market
players operating in global gasoline direct injection market are Delphi
Automotive LLP., Robert Bosch GmbH, Infineon Technologies AG, Hitachi
Automotive Systems, Ltd., Bajaj Auto Ltd., Eaton Corporation, Mitsubishi
Electric Corp., MSR-Jebsen Technologies, Continental AG and Keihin Corporation,
among others.
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Scope
of Gasoline Direct Injection Market
Component
Segments
- Fuel Injection
- Fuel Pump
- Sensors
- ECU
- Others
Vehicle
Type Segments
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Geography
Segments
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- U.K.
- Others
- Asia-Pacific
- Australia
- China
- Japan
- India
- Others
- RoW
- South America
- Middle East
- Africa
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Web: https://www.variantmarketresearch.com
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Tel: +91 20 65337795
Fax: +1-415-680-2786
Email: help@variantmarketresearch.com
Email: sales@variantmarketresearch.com
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