Asia-Pacific Gasoline Direct Injection Market is Boosted by Rising Disposable Income

Global Gasoline Direct Injection Market Report, published by Variant Market Research, forecast that the global 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. Some of the major driving factors of the global gasoline direct injection are growing need for high fuel efficient & performance vehicles, increasing adoption of automotive GDI and strict rules and regulations for the carbon. Though, high cost of systems and growing demand for electric vehicles may hinder the growth of the market. Major opportunities of the market are technological advancements and new GDI systems for hybrid vehicles.
The global gasoline direct injection market has been segmented into vehicle type, component, and geography. Vehicle type segment includes passenger cars, light commercial vehicles and heavy commercial vehicles. In 2016, passenger cars held the highest market share and it is also expected to grow at a fastest CAGR over the forecast period, 2016-2024. The component segment is further divided into fuel injection, fuel pump, sensors, ECU and other components.
Geographical sub segments of the global gasoline direct injection market are North America, Europe, Asia-Pacific and Rest of the World (RoW). North America held the highest market share followed by Asia-Pacific in 2016. In terms of growth, Asia-Pacific is expected to grow at a fastest CAGR over the forecast period, 2016-2024, driven by growing disposable income, increasing concern for environment and significant growth in the automobile sector.
The major players of the gasoline direct injection market are Robert Bosch GmbH, Delphi Automotive LLP., Infineon Technologies AG, Bajaj Auto Ltd., Hitachi Automotive Systems, Ltd., Eaton Corporation, MSR-Jebsen Technologies, Mitsubishi Electric Corp., Continental AG and Keihin Corporation, among others.
Variant Market Research LLP was delineated in 2015 and to launch our business and website it grabbed more than a year. Our head office is based in Pune and we also have branch in San Francisco, California, the U.S. The long time was generally used to build up a talented team of experienced professionals and analysts, to generate client satisfying exact market analysis data. The company aims to be a specialist in delivering reports on various domains with precise analysis, keeping a virtuous relationship with our consumers. Our vision says, "We would like to grow with you, making your paths simpler yet solidest" and our mission is to "Implementing our analytical, technical and marketing skills to set a new goal for our consumers, dedicatedly helping them take their next strategic moves."
The Co-founders of Variant Market Research: M/S Shweta Shubham and Mr. Yogesh Godse are keen to provide services across aforementioned domains helping them to take their strategic moves regarding their business and providing them the growth opportunities. The Co-founders say, "We believe in providing the future solutions for your business, exploring the current market trends and suggesting you the future strategies and forecast of a particular market that could keep your company ahead in the competitive market rivalry." We hold expertise in our designated areas of research and consulting with a team of experts from each of the dedicated areas covered under our research. Destined by the dedicated team of analysts and experts, we are envisioned to provide you our best in order to plan your next strategic move and take your company's future ahead with our support and your esteemed cooperation.
For information, contact:
VARIANT MARKET RESEARCH LLP
Address: 649 Mission St., 5th Floor, San Francisco, CA 94105, United States.
Tel: +1-415-680-2785

Fax: +1-415-680-2786

No comments:

Post a Comment

Global Depression Drug Market Is Boosted By Growing Awareness Regarding Depression

Global Depression Drug Market  Report , published by Variant Market Research, forecast that the global market was valued at $15 billion...