Gasoline Direct Injection (GDI) System Market Size

Gasoline Direct Injection System Market Size

Gasoline Direct Injection System Market size valued at over USD 3 billion in 2015 and is estimated to exhibit around 12% CAGR from 2016 to 2024.

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Increasing motorized mobility coupled with customer preferences for fuel efficient vehicles will escalate the gasoline direct injection system market size over the forecast timeframe. Rising demand for reducing pollution levels associated with greenhouse gases and improving the air quality are propelling the adoption of vehicles embedded with advanced fuel injection systems.

Improved engine performance and thermal efficiency along with significant reduction in fuel emissions is supporting the industry growth. Rising inclination of manufacturers towards engine downsizing and vehicle efficiency will enhance the market share. Multiple financing alternatives for passenger vehicles along with rising individual spending will considerably fuel the product adoption.

Automotive OEMs are implementing innovative technologies to enhance the gasoline powered engines capabilities. For instance, in March 2017, Continental AG developed control unit based on Engine Management System 3 (EMS3) platform featuring multicore processor that assists in communicating between multiple powertrain control units. The central powertrain controller (CPC) supports in controlling the role of the electronic control unit embedded in the vehicle

Regulatory authorities focus on promoting vehicles with zero emissions that will help to reduce the harmful impact on the environment across the globe. Electrification of transportation sector with the use of electric vehicles in the upcoming years will majorly restrict the product size over the projected timeframe.
 

Government organisations provide incentives, tax reduction and charging station for such electric vehicles that will create barrier on the petrol vehicle usage, further restricting the industry growth. For instance, since 2008, Norway has introduced a considerable incentives package and charging stations to promote zero-emission vehicles. These also include exemption from import tax, annual road tax, and free parking in municipal areas.