March 02, 2021
According to the research report titled ‘Global Gasoline Direct Injection System Market Size study, by Component (Fuel Injectors, Fuel Pumps, Sensors, Electronic Control Units (ECU), Others) by Vehicle Type (Passenger Cars, Commercial Vehicle) and Regional Forecasts 2020-2027’, available with Market Study Report, global gasoline direct injection system market is expected to register significant growth during 2020-2027.
Increasing gasoline consumption, growing demand for passenger vehicles, and rising per capita income are some of the key factors driving the growth of global gasoline direct injection system market. It is to be noted that a GDI system is a process of fuel injection.
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The system typically uses high pressurized gasoline that is fueled into modern four-stroke as well as two-stroke engines. This highly pressurized gasoline is injected using a common rail fuel line. The overall GDI system not only helps in fuel efficiency and increasing power, but also lean burns fuel.
Growing demand for fuel efficient, high-performance, and low-emission vehicles is also stimulating the overall industry outlook. According to Statista, worldwide vehicle sales with gasoline technology accounted for 76% of the overall car sales, trailing by Diesel which recorded 19% sales.
On the contrary, high cost associated with GDI system coupled with rising number of electric vehicles could act as a bottleneck to the market growth.
Based on geographical landscape, North America accounted for the largest share in global gasoline direct injection system industry and is likely to display continuous growth in the ensuing years. Factors such as increasing environmental awareness and focus among public authorities towards reducing carbon emissions are favoring the regional market outlook.
Meanwhile, Asia-Pacific is likely to emerge as a prominent revenue contributor for the overall market, owing to growing population and surging disposable income.
The prominent companies operating in global gasoline direct injection system market are GP Performance, TI Fluid Systems, Keihin Corporation, Hitachi Automotive Systems Ltd., Stanadyne LLC, Magneti Marelli S.p.A., Continental AG, Robert Bosch GmbH, DENSO Corporation, and Aptiv plc (Delphi Automotive) among others.