Portland, OR -- (SBWire) -- 02/16/2018 --The Global Gasoline Direct Injection (GDI) System Market size is projected to reach $9,712 million by 2022 from $2,638 million in 2015, growing at a CAGR of 20.7% during the forecast period (2016-2022). Gasoline direct injection system is an advanced and effective fuel injection technology, which offers many advantages as compared to other gasoline fuel injection technologies with regards to efficiency and specific power. These advantages have been made possible through the common rail technology allowing an injection pressure, which is of higher magnitude as compared with that of conventional Port fuel injection (PFI) engines.
The gasoline direct injection (GDI) systems market is expected to witness high growth during the forecast period owing to advantages such as engine downsizing, improved engine performance & thermal efficiency, high fuel efficiency, turbocharging, and significant reduction in emission. Passenger cars and commercial vehicles are the main adopters of this technology and collectively consume the major share of gasoline direct injection engine system market revenue. Vehicle manufacturers, such as BMW, Daimler, KIA motors, Ford, and others are already offering GDI systems in most of their mid-high end gasoline driven vehicles.
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The demand for GDI system is governed by increase in demand for fuel-efficient, high-performance and low-emission vehicles. In addition, the trend of reduction in vehicular emission due to rules & regulations in several countries and markets is expected to fuel the growth of gasoline direct injection engine system market. However, high cost of GDI system due to high pressure components and increase in penetration of electric vehicles impede the market growth. Another disadvantage of GDI systems is increase in particulate emissions such as NOx, which is difficult to curb post combustion. Gasoline direct injection engine system market opportunity lies in the development of advanced GDI system, such as turbo gasoline direct injection.
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Adoption of gasoline direct injection system in automobiles is comparatively higher in Europe than other regions except North America. This owes to the fact that most of the countries of Europe are readily shifting towards high fuel economy technologies. Moreover, European Union ("EU") directives and related legislation limit the amount of regulated pollutants that can be emitted by new motor vehicles and engines sold in the EU. Stringent new Stage 6 emission standards was brought into effect for vehicle registrations starting in September 2014, with the second phase beginning in September 2017. According to the research done by IEA in 2013, most of the countries of Europe rank high in fuel economy readiness index. Due to all these factors, Europe has high growth rate in terms of adoption of GDI technologies.
GASOLINE DIRECT INJECTION (GDI) SYSTEM MARKET KEY SEGMENTS
BY COMPONENT
-Fuel Injectors
-Fuel Pumps
-Sensors
-Electronic Control Units
-Others (Fuel Pressure Regulators and High Pressure Line)
BY VEHICLE TYPE
-Passenger Cars
-Commercial Vehicles
Gasoline Direct Injection System Market: Factors Restraining the Growth of the Market
The study provides an in-depth analysis of the global gasoline direct injection market, with current trends and future estimations to elucidate the imminent investment pockets.