Gasoline Direct Injection
(GDI) Device Market Size, Share & Trends Analysis Report, By Component (Fuel Injectors, Electronic Control Units, Sensors, and Fuel Pumps), By Application (Passenger Cars (PC) and Commercial Vehicles (CV)) — Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2021 — 2027
According to Precedence Research, the global Gasoline Direct Injection (GDI) device market was valued at US$ 4.11 billion in 2019 and growing at a compound annual growth rate (CAGR) of 11% during the forecast period from 2021 to 2027.
The global gasoline direct injection (GDI) device market size is expected to hit over US$ 14 billion by 2027 according to report study by Precedence Research.
Increasing motorized mobility along with rising consumer preferences for fuel efficient vehicles expected to escalate the Gasoline Direct Injection (GDI) device market size over the forecast period. Increasing demand for regulating pollution levels related to greenhouse gases coupled with improving the air quality are the key factors propelling the adoption of vehicles incorporated with the advanced fuel injection systems.
Improved engine performance together with high thermal efficiency that significantly assists in reducing the fuel emissions prominently supports the growth of the GDI industry. Rising inclination of manufacturers towards vehicle efficiency and engine downsizing anticipated to augment the market share. In addition, multiple financing firms for passenger vehicles together with increasing individual spending projected to considerably boost the adoption of GDI devices.
Fuel injectors anticipated to witness prominent growth over the analysis period owing to need for precise control over fuel injection to ensure complete combustion of fuel. In addition, need for effective controlling of air-fuel mixture along with exhaust emissions in the gasoline engine predicted to escalate the growth of the segment over the forecast timeline. Further, the fuel injector assists in monitoring the fuel regulator that helps in maintaining the fuel pressure of delivery pipe at a constant level.
On the other side, the Electronic Control Unit (ECU) segment projected to witness significant growth in the Gasoline Direct Injection (GDI) device market due to the flexible multiple input and output channels that enhances the signal transfer within the vehicle system components. High control along with mapping the status of automotive components as well as vehicle performance on the basis of selected system inputs expected to flourish the growth of the segment.
Companies involved in the manufacturing of automotive ECU are significantly engaged in new product launch that improves the reliability and functions to cater the rising customer demand. For instance, in September 2018, Delphi Technologies introduced generation 7 electronic controllers used particularly in commercial vehicles that include trucks, buses, and off-highway vehicles. The new product enables extreme flexibility provided with multiple applications that supports the user requirements.
Passenger cars leads the gasoline direct injection device market in terms of revenue because of rising inclination of consumers towards luxury & premium cars especially in developed countries coupled with implementation of direct injection systems in those vehicles. Escalating demand for passenger cars together with the introduction to stringent emission norms for such vehicles expected to further impel the penetration of passenger cars over the analysis period. Consistent developments in the passenger vehicles owing to implementation of new functions for comfort and vehicle safety anticipated to propel the growth of the segment in the coming years.
Besides this, the commercial vehicle segment projected to witness a steady growth due to the rising road transportation along with domestic trading activities across the world. Heavy and medium commercial vehicles that operate on diesel contribute significantly towards the vehicular emissions and thus necessitate the implementation of gasoline powered engines for curtailing the environmental impact. Commercial vehicles also require highly durability and long-lasting engines that boosts the installation of GDI devices for enhanced reliability. Further, rising research & development (R&D) activities along with integration of advanced technologies in GDI devices anticipated to positively influence the growth of the segment over the forecast timeframe.
Europe led the global GDI device market pertaining to the stringent norms for fuel efficiency and emission targets. OEMs are prominently adopting GDI systems to achieve the compliance standards. Significant presence of automotive players that includes BMW AG, Daimler AG, and Audi AG in the region projected to positively impact the growth of GDI system over the analysis timeframe.
The Asia Pacific region expected to register the highest growth over the forthcoming years due to increased focus of automotive market players towards untapped opportunities in the region. Further, shifting consumer trend towards vehicles with superior fuel efficiency anticipated to spur the industry growth during the projected period. Government authorities are taking strict measures to control the carbon footprint that include fuel economy standards and engine upgrades.
Key Companies & Market Share Insights
The global GDI device industry seeks significant new product launch, development, and enhancement that turn the market into competitive. This approach from industry players helps them to increase their consumer base. For instance, in July 2019, Xtreme-DI introduced GDI high-flow fuel injectors that offer more than 45% of additional fuel flow compared to stock products. The aftermarket injectors deliver outstanding and consistent performance by offering compatible injection pressures as that of the OEM equipment.
Furthermore, the market players are majorly focused on establishing long term contract for supplying specific vehicle model along with designing customized solutions for commercial and passenger vehicles this in turn will strengthen their footprint in the global market.
Some of the prominent players in the Gasoline Direct Injection (GDI) device market include:
Delphi Automotive LLP
Continental Corporation GmbH
Robert Bosch GmbH
Hitachi Automotive Systems, Ltd.
Magneti Marelli S.p.A