Gasoline Direct Injection Systems Market: Commercial Vehicles Segment Is Expected To Record CAGR Of 12% By 2024
Category: #business  By Ronak Bora  Date: 2021-09-17
  • share
  • Twitter
  • Facebook
  • LinkedIn
Gasoline Direct Injection Systems Market: Commercial Vehicles Segment Is Expected To Record CAGR Of 12% By 2024

The gasoline direct injection systems market from commercial vehicles segment is projected to grow at a CAGR of 12% by 2024. This growth can be credited to the increasing demand for commercial vehicles across myriad sectors such as logistics and transportation.

GDI systems incorporate four major components, namely fuel injectors, sensors, electronic control units, and fuel pumps. Electronic control units accounted for the largest share in gasoline direct injection systems market in 2015, subject to the high product demand for regulated equipment control. Fuel pumps and injectors are also expected to propel GDI systems industry, owing to their extensive application across the automotive sector.

Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/219

The rapid increase in the spending capabilities of consumers has led to a significant increase in the sales of automobiles across the globe. As per estimates, the United States and China are the top two nations that have the largest customer pool of passenger vehicles, which is likely to drive gasoline direct injection systems market from this application segment.

The deployment of technological innovations such as integration of valve operation systemss & drive systemss will spur GDI systems market. This incorporation will bring about optimized fuel efficiency and increased fuel economy, which is the need of the hour, especially for price-sensitive consumers. Strict norms mandated by regulatory bodies to reduce the base lines of the fuel efficiency and carbon dioxide emissions will stimulate the growth of Gasoline Direct Injection Systems industry.

GDI systemss contribute to the reduction of pollutant emissions via turbocharging and are estimated to reduce around 15% of carbon emissions and fuel consumption. These benefits coupled with the rising vehicle demand and the introduction of next gen fuel saving technologies will push gasoline direct injection systems market, slated to cross USD 10 billion by 2024, with a CAGR estimation of 12% over 2016-2024.

Leading corporations have been trying to diversify their product offering by means of incorporating advanced technologies in order to gain an edge over their competitors. For instance, Denso, in 2014, declared that it planned to invest around USD 10 million at DIAM (DENSO International America) with an aim to develop GDI systems components for improving the overall product performance. These initiatives will subsequently lead to an increased consumer base, thereby propelling gasoline direct injection systems market.

APAC has been predicted to emerge as one of most lucrative growth avenues for gasoline direct injection systems industry, pertaining to the extensive expansion of the automotive sector and surging demand for fuel efficient vehicles in the region. Countries such as India, Indonesia, and China are slated to be the major revenue pocket, subject to the increasing awareness regarding GHG emissions in the region.

Europe held more than 40% of the global gasoline direct injection systems market share in the year 2015 and is anticipated to register significant growth in the years ahead. The enforcement of Euro 5, one of the many vehicle emission standards by the European Union coupled with other stringent regulations mandates related to vehicular emissions will impel Europe GDI systems market. Automobile companies have been striving to manufacture products that comply with GHG emission standards and the Federal norms related to fuel efficiency, thereby driving gasoline direct injection systems industry.

Get this report Customized to your requirements @    https://www.decresearch.com/roc/219

Some Point from Table of Contents:

Chapter 4   Gasoline Direct Injection Systems Market, By Component

4.1   Global GDI system market share by component, 2015 & 2024

4.2   Electronic Control Units

4.2.1    Market estimates and forecast, 2012-2024

4.2.2    Market estimates and forecast, by region, 2012-2024

4.3   Fuel Injectors

4.3.1    Market estimates and forecast, 2012-2024

4.3.2    Market estimates and forecast, by region, 2012-2024

4.4   Sensors

4.3.1    Market estimates and forecast, 2012-2024

4.3.2    Market estimates and forecast, by region, 2012-2024

Chapter 5   Gasoline Direct Injection Systems Market, By Application

5.1    Global GDI system market share by application, 2015 & 2024

5.2    Passenger Car (PC)

5.2.1    Market estimates and forecast, 2012-2024

5.2.2    Market estimates and forecast, by region, 2012-2024

5.3    Commercial Vehicles (CV)

5.3.1    Market estimates and forecast, 2012-2024

5.3.2    Market estimates and forecast, by region, 2012-2024

Browse complete Table of Contents (ToC) of this research report @

 https://www.decresearch.com/toc/detail/gasoline-direct-injection-gdi-system-market

 

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

Read More >>

More News By Ronak Bora

Electrical Conduit Market Statistics, Regional Growth & Forecast To 2024
Electrical Conduit Market Statistics, Regional Growth & Forecast To 2024
By Ronak Bora

Global electrical conduit market is poised to witness appreciable growth in the coming years owing to increasing efforts towards containing electric supply faults, health hazards, fire, and other operational breakdown. Electrical wiring is directly ...

GCC Natural Gas Market Outlook 2024 By Industry Players
GCC Natural Gas Market Outlook 2024 By Industry Players
By Ronak Bora

GCC natural gas market has been a recipient of the concerns related to energy security and climatic changes due to increasing fossil fuel consumption. In a bid to strengthen the regional sustainable energy scenario, GCC countries including Kuwait, UA...

Europe Residential Boiler Market | Opportunities, Key Trends & Growth Analysis To 2024
Europe Residential Boiler Market | Opportunities, Key Trends & Growth Analysis To 2024
By Ronak Bora

The shifting focus of European countries toward energy efficiency is certain to act as a driving force for Europe residential boiler industry. The increasing awareness about the adverse effects of fossil fuel consumption for energy generation has bee...