Skip to main content

Rising Carbon Emission Concerns are Fueling Gasoline Direct Injection Demand: Future Market Insights

 The global gasoline direct injection market is anticipated to expand at a CAGR of 14% during the year 2021-2031, as per a recent study by Future Market Insights (FMI). Gasoline direct injection technology in spark-ignition (SI) engines is gaining rapid traction, especially in high performing vehicles.

Emission regulations across the globe are promoting technological developments in the automotive industry. For example, the European Union (EU) as per the Paris agreement, has committed to set a cap on greenhouse emission at 40% for its reduction by 2030.

Additionally, the EU has set a net-zero greenhouse emission target to be achieved by 2050, which is encouraging players in the automobile industry to manufacture efficient gasoline direct injection (GDI) products, boosting the growth of the market.

Similarly, in the U.S., the EPA has partnered with NHTSA to launch Safer Affordable Fuel Efficient (SAFE) vehicle models for years 2021-2026, which will provide growth opportunities for the gasoline direct injection market.

Short-term regulations imposed due to the COVID-19 pandemic have disrupted operations in the automotive and transportation sector, affecting the aftermarket sales and market prospects.

The shortage in supply has caused a slump in the automotive sector. However, growth prospects for the upcoming decade seem bright for the market with gradual shift to pre-pandemic activities, as per the study by ESOMAR-certified firm FMI.

"Application of 4 stroke engines across automotive industries is a key factor which is supporting the demand for gasoline direct injection," remarks the FMI analyst.

Request a report sample with 170 pages to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-5264

Key Takeaways:

  • As per FMI analysis, application of gasoline direct injection technology in 4 stroke engines is estimated to account for major market share throughout the projection period.
  • The U.S. will showcase growth opportunities due to the steady increasing in on-road vehicles and automobile production in the country. Additionally, easy access to new technologies will propel the demand for gasoline direct injections in the near future.
  • The New Energy Vehicle Credit schemes proposed by the Chinese government will offer growth opportunities for market players in China.
  • Government of India has changed the vehicular emission standards from BS-IV to BS-VI in April 2020. The adoption of Faster Adoption & Manufacturing of Electric Vehicle Policy will boost the demand for GDI systems in India.
  • In Germany, companies such as Volkswagen and BMW have launched turbocharges, direct injection gasoline engines, which will propel the sales and revenue throughout the forecast period.

Prominent Drivers

  • Comprising components such as electronic control units, fuel pumps, sensors, fuel injections and gasoline direct injections, attributing to their usage in high performance vehicle, will attract the manufacturers' interest and generate demand.
  • Increasing adoption of GDI systems in compact and mid-sized vehicles will create growth opportunities through the forecast period.
  • Sales through original equipment manufacturers (OEMs) will boost the sales in the market across various regions.

Key Restraints

  • High production and purchase costs will negatively impact the gasoline direct injection market growth.
  • Reduction in demand for internal combustion engines will hinder the sales of the product.
  • Rising issues in terms of certain emissions in the gasoline direct injection systems will affect the market growth.

Discover more about the gasoline direct injection market with figures and data tables, along with the table of contents. You will also find detailed market segmentation on https://www.futuremarketinsights.com/ask-question/rep-gb-5264

Competitive Landscape

According to FMI's study, prominent players in the moderately fragmented market are showing preference towards research & development activities in order to improve product functionality. Additionally, they are showcasing inclination for acquisitions and collaborations to gain competitive edge. For instance:

  • In May 2019, Delphi Technologies launched a new 500-bar gasoline direct injection system, which provided up to 40% increase in pressure and reduced emissions by 50%.
  • In May 2021, Ferrari unveiled a revamped V12 engine for its 812 model for its limited-edition range of Competizione A and Competizione vehicle versions, aligning with the strict emission regulations showcasing direct fuel injection management strategy.
  • In September 2020, Bosch announced the launch of its new EVO spark plug for new variants of turbocharge gasoline direct injection engines. The product displays an improved design to minimize the risk of irregular combustion, which is common in modern engines.

Leading players profiled by FMI operating in gasoline direct injection market include

  • Continental AG
  • Delphi Automotive Plc
  • Magneti Marelli S.p.A.
  • Renesas Electronics Corporation
  • Robert Bosch GmbH
  • Denso Corporation
  • Eaton Corporation Plc.
  • Infineon Technologies AG
  • STMicroelectronics NV
  • TI Group Automotive Systems, LLC

More Insights on FMI's Gasoline Direct Injection Market

The latest market study on global gasoline direct injection market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global market potential, its growth, trends, and opportunities, the market is segmented on the basis of:

Stroke Type

  • 2 Stroke
  • 4 Stroke

Vehicle Type

  • Compact Vehicle
  • Mid-Sized Vehicle
  • Premium Vehicle
  • Luxury Vehicle
  • Commercial Vehicle
  • Heavy Commercial Vehicle

Sales Channel

  • OEM
  • Aftermarket

Region

  • North America (U.S. & Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru, & Rest of LATAM)
  • Europe (Germany, U.K., France, Italy, Spain, BENELUX, Nordic, Russia, Poland, CIS Countries & Rest of Europe)
  • Middle East and Africa (GCC Countries, Turkey, South Africa, Israel, & Rest of MEA)
  • Japan
  • Asia Pacific excluding Japan (China, India, ASEAN, South Korea, Australia, & Rest of APEJ)

Contact Sales for Further Assistance in Purchasing this Report@ https://www.futuremarketinsights.com/checkout/5264

Explore FMI's Extensive Coverage on the Automotive Product Domain

APAC Automotive Telematics Market In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for APAC Automotive Telematics. The report tracks the global sales of ASEAN organic cosmetics in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on cosmetics industry in general, and APAC Automotive Telematics in particular.

Aircraft Refurbishing Market: The global Aircraft Refurbishing Market report by FMI sheds light on the important growth dynamics expected to prevail across the 2021-2031 assessment period. Statistics of key segments have been provided across prominent geographies, along with a detailed mapping of the global competitive landscape, rendering this insight a highly effectual one.

Automotive TCU Market: In its new report, the Future Market Insights (FMI) offers an exhaustive overview of the global Automotive TCU Market with focus on the key market dynamics, including drivers, trends, opportunities, restraints, and detailed information about the global Automotive TCU Market structure. The market study presents exclusive information about how the market will grow during the forecast period of 2021 to 2031. 

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Abhishek Budholiya
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com 
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/ 

Comments

Post a Comment

Popular posts from this blog

Frozen Foods Market Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 2032

 The Frozen Foods Market has experienced a significant transformation in recent years and continues to be a prominent and dynamic segment of the global food industry. As we move into 2033, this market remains a crucial part of modern lifestyles, offering a wide variety of convenient and preserved food options for consumers. The growth of the Frozen Foods Market is fueled by changing consumer preferences, technological innovations, and an ever-increasing demand for convenient, time-saving, and nutritious meal solutions. In 2033, the Frozen Foods Market is expected to continue its upward trajectory, as more consumers seek the benefits of frozen products. This market encompasses an extensive range of items, from frozen vegetables and fruits to ready-to-eat meals, appetizers, and desserts. The versatility and extended shelf life of frozen foods have made them an essential staple in many households. Consumers are drawn to the convenience of having quick, easy-to-prepare, and
Post a Comment
Read more

Automotive Filters Market Share and Growth Factors Impact Analysis 2029

 The global automotive filters market is expected to experience significant growth over the forecast period, due to the increasing demand for advanced automotive systems and the rising demand for fuel-efficient and eco-friendly vehicles. Automotive filters are used to remove contaminants, such as dust, dirt, and debris, from the air, oil, and fuel in a vehicle. The market is segmented based on type, vehicle type, and region. Based on type, the market is divided into air filters, oil filters, fuel filters, and others. The air filter segment is expected to dominate the market, due to the increasing demand for advanced air filtration systems in vehicles. Based on vehicle type, the market is classified into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger cars segment is expected to dominate the market, due to the increasing demand for passenger cars and the increasing adoption of advanced filtration systems in passenger cars. Geographi
Post a Comment
Read more

Iris Biometrics Market Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 2032

 The Iris Biometrics Market stands as a testament to the ever-evolving landscape of biometric technology, offering a unique and highly secure method of identity verification and authentication. The iris, with its intricate and individualistic patterns, has captured the attention of both security experts and technology developers as a reliable means of confirming one's identity. This market has gained prominence across various industries, ranging from border control and law enforcement to access control systems in government institutions, corporate offices, and even consumer devices. The market's growth is fueled by the increasing need for robust identity verification solutions in a world where security breaches and identity theft are becoming more prevalent. Unlike traditional authentication methods such as passwords and PINs, iris biometrics offer a high level of security and accuracy, as the iris pattern is virtually impossible to replicate. The technology prov
Post a Comment
Read more