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.
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Report @ https://www.variantmarketresearch.com/report-categories/automotive/gasoline-direct-injection-market
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.
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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.
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