PUBLISHER: The Business Research Company | PRODUCT CODE: 1427823
PUBLISHER: The Business Research Company | PRODUCT CODE: 1427823
A Gasoline Direct Injection (GDI) device serves as a fuel injection system employed in advanced two-stroke and four-stroke gasoline-powered engines, facilitating the direct injection of gasoline into the combustion chambers.
The primary products of Gasoline Direct Injection (GDI) devices include four-cylinder GDI, six-cylinder GDI, and other variations. Four-cylinder GDI represents a gasoline direct injection device comprising four cylinders. The utilization of four cylinders in GDI is preferred due to its ability to generate less friction and retain more energy. Key components encompass fuel injectors, electronic control units, sensors, and fuel pumps, featuring operating modes such as stratified mode and homogeneous mode. Gasoline Direct Injection (GDI) devices find application in both passenger cars (PC) and commercial vehicles (CV).
The gasoline direct injection (GDI) device market research report is one of a series of new reports from The Business Research Company that provides gasoline direct injection (GDI) device market statistics, including the gasoline direct injection (GDI) device industry's global market size, regional shares, competitors with a gasoline direct injection (GDI) device market share, detailed gasoline direct injection (GDI) device market segments, market trends, and opportunities, and any further data you may need to thrive in the gasoline direct injection (GDI) device industry. This gasoline direct injection (GDI) device market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The gasoline direct injection (gdi) device market size has grown rapidly in recent years. It will grow from $7.58 billion in 2023 to $8.63 billion in 2024 at a compound annual growth rate (CAGR) of 13.8%. The expansion observed in the historical period can be ascribed to a heightened emphasis on improving engine performance, a market transition from port fuel injection, enhancements in fuel atomization and combustion efficiency, consumer preferences for high-performance vehicles, and government incentives aimed at promoting fuel efficiency.
The gasoline direct injection (gdi) device market size is expected to see rapid growth in the next few years. It will grow to $13.79 billion in 2028 at a compound annual growth rate (CAGR) of 12.4%. The anticipated growth in the forecast period can be linked to the sustained strictness of emission standards, a heightened emphasis on engine downsizing, an increasing preference for SUVs and crossovers, and a global shift towards gasoline powertrains. Key trends expected in the forecast period encompass product innovation, advancements in GDI technology, the incorporation of dual injection systems, the integration of GDI with hybrid systems, and the utilization of lightweight materials coupled with design optimization.
The anticipated growth of the gasoline direct injection (GDI) device market in the foreseeable future is expected to be propelled by the continuous expansion in automobile manufacturing and sales. Automobile manufacturing involves the conversion of raw materials into automobiles and their components, while automobile sales encompass the production, repair, and sale of motor vehicles. The surge in automobile manufacturing and sales is a driving force in the GDI device market, given its role in enhancing fuel efficiency and reducing carbon emissions. For instance, data from The European Automobile Manufacturers Association (ACEA) in May 2023 revealed a global production of 85.4 million automotive vehicles in 2022, marking a 5.7% increase from the previous year. Consequently, the escalating automobile manufacturing and sales contribute to the growth of the gasoline direct injection (GDI) device market.
The growing emphasis on fuel efficiency is poised to drive the growth of the gasoline direct injection (GDI) market in the years to come. Fuel efficiency refers to the effectiveness and economy achieved when a vehicle or equipment utilizes fuel to generate energy or perform tasks. Gasoline direct injection plays a pivotal role in optimizing combustion processes, managing air-fuel mixtures, and enhancing overall engine efficiency, resulting in improved fuel economy in modern vehicles. For example, as of August 2023, LendingTree reported that fuel economy had been on an upward trajectory for some time. Over the last three decades, the average fuel efficiency for all automobiles has seen a notable increase of 101.5%, rising from 13.1 to 26.4 mpg. The fuel economy of cars specifically has witnessed a substantial rise of 146.7%, moving from 13.5 to 33.3 mpg. Hence, the growing emphasis on fuel efficiency plays a pivotal role in propelling the gasoline direct injection (GDI) market.
The prominent trend gaining traction in the gasoline direct injection (GDI) device market is the adoption of advanced technologies. Major companies in the market are strategically focused on integrating innovative technologies to fortify their positions. For instance, in August 2022, Stanadyne, a US-based manufacturer of GDI devices, fuel injectors, and fuel pumps for gasoline and diesel engines, introduced a groundbreaking 1,000-bar GDI fuel injector. This newly developed injector surpasses the company's performance benchmarks by 20%, achieving a fuel pressure of 1,200 bar in initial tests. The injector's efficient magnetic architecture provides exceptional feedback for unparalleled fuel management. Its unique armature design significantly reduces over-fueling during the injection-opening process. Additionally, the interchangeable valve body diameter allows for tighter packing, and the modular structure of the power group enables swift and cost-effective switchovers between different connection types.
Major players in the GDI market are embracing a strategic partnership approach for product distribution. Strategic partnerships involve leveraging each other's strengths and resources for mutual benefits and success. In June 2023, IAV GmbH, a Germany-based automotive equipment company, announced a partnership with Sonplas GmbH, a Germany-based technological firm, for the sale of measurement devices used to validate and optimize injection systems for alternative and traditional fuels. As part of this collaboration, IAV has transferred the sales rights for IAV Cross, a technological system for hydraulic measurement and functional analysis of fuel injection valves, to Sonplas GmbH. This includes both new equipment purchases and the maintenance of existing equipment.
In September 2023, Stanadyne LLC, a US-based provider of fuel and air management systems, entered into a partnership with Wesley Motorsports, the specifics of which were undisclosed. Wesley Motorsports is expected to integrate Stanadyne's pumps into its specially crafted T6 Hurricane HO engine designed for the 2021 Dodge Challenger Mopar Drag Pak specialty vehicle. Stanadyne's high-performance pump offers a plug-and-play solution, delivering a 60 percent increase in fuel flow compared to standard factory-installed GDI pumps, specifically catering to the demands of specialty vehicle builds and tuning. Wesley Motorsports is a US-based racing company and provider of cutting-edge 350-bar, high-flow Gasoline Direct Injection (GDI) fuel pumps.
Major companies operating in the gasoline direct injection (gdi) device market report are Mitsubishi Motors Corporation, Robert Bosch GmbH, Hitachi Ltd., Denso Corporation, Continental AG, Eaton Corporation, STMicroelectronics N.V., BorgWarner Inc., Magneti Marelli S.p.A, Dana Incorporated, GDI Technology Inc., Delphi Technologies PLC, NGK Spark Plug Co. Ltd., Sensata Technologies Inc., Nexteer Automotive Corporation, TI Fluid Systems, Holley Performance Products Inc., Keihin Co. Ltd., Stanadyne LLC, Engineered Machined Products Inc., High-Performance Industries Inc., Convergence Systems Limited, GP Performance, Hyundai KEFICO Corporation, Bosch Automotive Service Solutions Inc.
Europe was the largest region in the gasoline direct injection (GDI) market in 2023. The regions covered in the gasoline direct injection (gdi) device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the gasoline direct injection (gdi) device market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The gasoline direct injection (GDI) device market consists of sales of fuel tanks, fuel filters, fuel rails, and fuel pressure control valves. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Gasoline Direct Injection (GDI) Device Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on gasoline direct injection (gdi) device market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for gasoline direct injection (gdi) device ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The gasoline direct injection (gdi) device market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of covid 19 on supply chains and consumption patterns.