Gasoline Direct Injection Market

Market Leaders - Gasoline Direct Injection Market

The gasoline direct injection market is estimated to grow from USD 5.1 billion in 2022 to USD 7.3 billion by 2027 at a CAGR of 7.1% over the forecast period. The growth of this market is primarily driven by the strict vehicular emission regulations and cost effectiveness of GDI technology over diesel direct injection and growing trends of engine downsizing.

Cars fitted with GDI are priced lesser than diesel cars. Diesel engines operate at a higher pressure and temperate, requiring more advanced heat and pressure-resistant components than GDI. Additionally, the cost of after-treatment technologies such as selective catalytic reduction (SCR) adds to the overall cost. As the NOx emission for GDI engines is low, they do not require after-treatment devices. Consequently, the overall cost of the vehicle is reduced.

To know about the assumptions considered for the study download the pdf brochure

Due to their higher NOx emissions, there is additional taxation for diesel vehicles in many countries. Additionally, diesel cars are costlier to maintain than gasoline cars. Therefore, the benefits of diesel cars, such as higher fuel economy, are canceled out in the long term by the higher initial cost and maintenance costs.

This factor will have a low impact on developed countries. However, in cost-sensitive, developing countries such as China and India, the price difference can be the deciding factor for many car buyers. With the introduction of BS VI and China 6 by 2020–21, the cost of diesel cars will increase significantly compared to gasoline cars. Therefore, cars with gasoline direct injection will be preferred in these countries, resulting in market growth.

The gasoline direct injection market is led by established players such as Robert Bosch GmbH (Germany), Denso (Japan), Hitachi (Japan), BorgWarner Inc. (US), and Magneti Marelli (Italy). These companies have adopted strategies such as product launches, expansions, collaborations, partnerships, and mergers & acquisitions to gain traction in the gasoline direct injection market. For example, BorgWarner Inc. is one of the key players considering its product innovations. In February 2022, the company launched the new hydrogen injection system. The company is working on the developments of hydrogen components for low, medium and high-pressure environments, including port fuel injection and direct injection solutions.

The Bosch Group has three major shareholders: Robert Bosch GmbH (1% share), Bosch Family (5% share), and Robert Bosch Stiftung GmbH (94% share). Robert Bosch GmbH was established in 1886 and is headquartered in Stuttgart, Germany. Robert Bosch primarily operates through four major segments, namely, mobility solutions, industrial technology, consumer goods, energy & building technology. The company has a strong presence in all the major regions globally, and the biggest contributing region is Europe, which contributes more than 50% of the company’s total revenue. Some of its global customers are AUDI AG (Germany), Volkswagen (Germany), and Ford Motor Company (US).

Gasoline direct injection comes under the mobility solutions business segment. The company is one of the pioneers of gasoline direct injection system manufacturing. The company also has a strong portfolio for supportive products for gasoline direct injection systems. Bosch has 440 locations across approximately 60 countries. Additionally, the company is represented in around 150 countries through its sales and service partners.

Denso was founded in 1949 and is headquartered in Aichi, Japan. The company is a global automotive components and mobility supplier that develops advanced technology and components for vehicles. It has 211 group companies in 35 countries. It operates its business through six segments: Thermal Systems, Powertrain Systems, Electrification Systems, Mobility Systems, Electronic Systems, and Non-Automotive Business (factory automation and agriculture). Denso provides technologies and products to the automotive, consumer, industrial, and other sectors. Under the automotive segment, the company develops and manufactures automotive systems and components for OEMs, automotive service parts, and accessories.

BorgWarner offers a wide range of products and solutions for internal combustion, hybrid, and electric vehicles. It operates through the following business segments: Engine and Drivetrain. The Engine segment develops and manufactures products to enhance engine performance and fuel efficiency and reduce emissions. Its products include turbochargers, timing systems, emissions systems, thermal systems, thermostats, diesel cold start, and gasoline ignition technology. The Drivetrain segment develops and manufactures mechanical products for automatic transmissions and all-wheel drive vehicles and rotating electrical components for light commercial vehicles. The company develops, manufactures and sells automotive differential under the drivetrain business segment. The engine segment is a major contributor to the company’s overall revenue.

Related Reports:

Gasoline Direct Injection Market by Engine (I3, I4, V6, V8), Component (Fuel Injector, Rail, Pump, Sensor, ECU), Vehicle Type (Hatchback, Sedan, SUV/MPV), Hybrid Vehicles, Technology (Gasoline Turbocharger, GPF) & Region - Global Forecast to 2027

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Gasoline Direct Injection Market Size,  Share & Growth Report
Report Code
AT 5735
RI Published ON
12/6/2022
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status