[150+ Pages Report] As per the latest Research and survey report issued by Precedence Research, the global gasoline direct injection device market was valued at around USD 4.11 billion in 2021 and is expected to register revenues worth USD 14 billion by the end of 2027, growing at an exceptional CAGR of approximately 11% between 2021 and 2027.
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Gasoline Direct Injection Device Market Growth Factors:
The Gasoline Direct Injection device market is mainly driven by rise in demand for fuel-efficient together with high-performance vehicles as well as reduced vehicle emission. Regulatory authorities focus significantly on promoting vehicles that have zero emission and thus helps to reduce the harmful impact of carbon on the environment across the globe. Furthermore, the increasing production of passenger as well as commercial vehicles across the globe is the other most prominent factor that propels the growth of the Gasoline Direct Injection device.
Gasoline Direct Injection Device Market Report Scope
|Market Size||USD 14 Billion by 2027|
|Growth Rate||CAGR of 11% from 2021 to 2027|
|Fastest Growing Market||Asia Pacific|
|Forecast Period||2021 to 2027|
|Segments Covered||Product, Application, Region|
Incorporation of advanced technologies along with stringent norm from regulatory bodies to curb the emission rate projected to impel the market size in the forthcoming period. However, vehicle electrification with the implementation of electric vehicles during the upcoming years expected to majorly hamper the market growth over the projected period.
Government organizations offer tax reduction, incentives, as well as charging stations for propelling the demand for electric vehicles that expected to create a barrier for petrol driven vehicles that in turn further restricts the growth of the industry. For instance, in 2020, the government of China offered lucrative incentive policies and reduction in the purchasing price of electric vehicles to boost its adoption over the upcoming timeframe.
Apart from this, high cost of Gasoline Direct Injection devices because of high-pressure components along with residual particulate soot are the other important factors that hinder the growth of the market. Nonetheless, development of Gasoline Direct Injection devices in forthcoming hybrid vehicles to improve their propulsion, advancement of turbo Gasoline Direct Injection devices, and adoption of new emission standards in several countries expected to offer alluring opportunity for the increasing adoption of Gasoline Direct Injection devices over the forecast period.
Gasoline Direct Injection Device Market Report Highlights
- Europe led the global Gasoline Direct Injection device market pertaining to the stringent norms for fuel efficiency and emission targets
- The Asia Pacific region expected to register the highest growth over the forthcoming years due to increased focus of automotive market players towards untapped opportunities in the region
- By component, fuel injectors anticipated to witness prominent growth over the analysis period owing to need for precise control over fuel injection to ensure complete combustion of fuel
- The Electronic Control Unit (ECU) segment projected to witness significant growth in the Gasoline Direct Injection device market owing to the flexible multiple input & output channels
- Passenger cars lead the Gasoline Direct Injection device market in terms of revenue because of rising inclination of consumers towards luxury & premium cars especially in developed countries
- The commercial vehicle segment projected to witness a steady growth due to the rising road transportation along with domestic trading activities across the globe
The report has engulfed a chapter on the global electric vehicle market’s competitive landscape, which provides detailed analysis and insights on companies offering electric vehicle. Profiles of key companies, along with a strategic overview of their M&A and expansion plans across geographies, have been delivered in this chapter.
This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach. This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.
Read Also@ Electric Powertrain Market to Witness Significant Growth by 2027
some of the prominent players in the gasoline direct injection device market include:
- Delphi Automotive LLP
- Eaton Corporation
- DENSO Corporation
- Continental Corporation GmbH
- Robert Bosch GmbH
- Stanadyne LLC
- Keihin Corporation
- Hitachi Automotive Systems, Ltd.
- TI Automotive
- Magneti Marelli S.p.A
Gasoline Direct Injection Device Market Segments
- Fuel Injectors
- Electronic Control Units
- Fuel Pumps
- Passenger Cars (PC)
- Commercial Vehicles (CV)
- Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
- Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
- North America [United States, Canada, Mexico]
- South America [Brazil, Argentina, Columbia, Chile, Peru]
- Middle East & Africa [GCC, North Africa, South Africa]
The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2027. These analyses will help the reader to understand the potential worth of investment in a particular region.
The report provides in-depth segment analysis of the global gasoline direct injection device market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the gasoline direct injection device market.
The report includes country-wise and region-wise market size for the period 2019-2027. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2019-2027.
Why should you invest in this report?
If you are aiming to enter the global gasoline direct injection device market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for gasoline direct injection device are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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