Gasoline Direct Injection Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030

The global market value of the gasoline direct injection market was valued at USD 6.3 billion in 2022, and a CAGR of 8.1% is expected during the forecast period. This market is experiencing significant growth due to carbon dioxide reduction targets, cost-effectiveness over diesel injections, and an increasing trend of engine downsizing. New developments in the automotive sector and sustained production in the automotive industry have driven the growth of the market significantly.

Rising demand for enhanced mobility and advanced fuel-saving technology is driving growth in the market significantly. Stringent government regulations aimed at reducing carbon dioxide levels in the manufacturing sector have driven the growth of the market. Vehicle weight reduction is on top priority, and increasing demand for engine downsizing is driving growth in the market.

Growth Drivers

Increasing demand for engine downsizing and vehicle weight reduction is driving growth in the market significantly. The increasing population worldwide and the rising disposable income of people in emerging economies are driving the growth of the market. Improved lifestyles and demand for passenger cars are the reasons behind the growth in the market. Increasingly stringent norms worldwide require automakers to adopt technologies that improve fuel efficiency and reduce emissions.

GDI engines are known for their better fuel efficiency and lower emissions compared to the traditional ones, making them attractive to manufacturers aiming to meet these regulations. These engines typically deliver better fuel efficiency and higher power outputs compared to PFI engines. This performance advantage appeals to consumers looking for vehicles that offer both power and fuel- efficiency. Improvements in injector design, fuel pressure management, and engine control systems have enhanced the reliability, efficiency, and performance of GDI engines.

With increasing awareness about environmental issues and rising fuel costs, consumers are increasingly prioritizing vehicles that offer better fuel efficiency without compromising on performance. Significant investment by automotive manufacturers and suppliers in the research and development of GDI technologies drives innovation and improves system reliability, durability, and cost-effectiveness. Increasing awareness and concern over environmental impact drive the demand for cleaner-burning engines, making them a preferred choice over traditional ones. Emerging markets in the Asia-Pacific region and Latin America are witnessing significant growth in vehicle sales, and stricter emissions regulations are expanding the GDI market.

Segmentation

By Vehicle Type

·         Sedan

·         Hatchback

·         SUV/MPV

By Hybrid Vehicles

·         HEV

·         PHEV

By Engine Type

·         I3

·         I4

·         V6

·         V8

·         Other Engine Types

Regional Outlook

·         Asia Pacific

·         North America

·         Latin America

·         Europe

·         Middle East and Africa

Gasoline Direct Injection Market by Vehicle Type Segmentation

On the basis of the vehicle type, the gasoline direct injection market is segmented into sedans, hatchbacks, and SUVs and MPVs. SUV/MPV is the leading segment and is expected to dominate the market during the forecast period. They are very popular due to their versatility, high ground clearance, perceived safety benefits, and seriousness compared to sedans and hatchbacks.

Increasing demand for vehicles with light weight had driven the growth in the market significantly. Due to their larger engine size and higher power outputs compared to sedans and hatchbacks, GDI technology optimizes fuel delivery directly into the combustion chamber under high pressure, resulting in more efficient combustion and better performance for larger engines.

GDI engines do deliver better fuel efficiency and lower emissions compared to traditional port fuel injection systems. Due to their spaciousness and versatility, SUVs are largely demanded. Manufacturers have responded by equipping these vehicles with advanced technologies. As automotive technology advances, GDI has become more refined and cost-effective. This makes it feasible for manufacturers to integrate GDI systems into a wider range of vehicles, including SUVs and MPVs. The combination of larger engine sizes and fuel efficiency is driving significant growth in the market.

Regional Outlook

On the basis of the regions, the gasoline direct injection market is segmented into 5 parts: Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. North America has stringent emission regulations that push automakers to adopt technologies like GDI to meet these standards. GDI systems typically offer better fuel efficiency and lower emissions compared to traditional port fuel injection systems, making them attractive for compliance with regulations. Consumers in North America prioritize vehicles that offer both performance and fuel efficiency.

GDI engines are well-known for their enhanced power outputs and torque characteristics compared to traditional ones. The automotive industry in the United States of America and Canada is at the forefront of technological advancements in GDI systems. Many North American automakers and suppliers have invested heavily in research and development to improve GDI technology, making it more reliable, efficient, and cost-effective. The market in North America has a stronger preference for larger vehicles, such as SUVs and trucks, where GDI engines provide significant benefits in terms of performance and efficiency.

North America has a well-established infrastructure and distribution network for automotive components and technologies, facilitating the widespread adoption and availability of GDI systems. Growing awareness among North American consumers about environmental issues and the impact of vehicle emissions is driving growth in the market. Asia-Pacific is also just second to North America. Emerging economies like China and India are witnessing significant growth in the market due to technological advancements and stringent government norms. Asia-Pacific is one of the largest and fastest-growing automotive markets globally.

Increasing demand for passenger vehicles is due to the rapidly growing population in countries like China, India, and Japan. Stringent emission regulations in countries of Asia Pacific is driving growth in the market significantly. Increasing disposable income in countries such as China and India and the presence of most of the major key players in this region are driving growth in the market. The region is a hub for technological advancements in automotive engineering; many leading automotive manufacturers and suppliers are based in the region. The governments in the regions often provide incentives for the adoption of clean and efficient automotive technologies, which further boosts market growth.

Key Players

·         TI Automotive

·         STMicroelectronics

·         Eaton

·         Denso

·         Robert Bosch GmbH

·         Continental AG

·         Delphi Automotive

·         Magneti Marelli

·         GP Performance

·         Keihin

·         Stanadyne Holdings

·         Other Players