The global gasoline direct injection market is projected to grow from USD 5.1 billion in 2022 to USD 7.3 billion by 2027, at a CAGR of 7.1% during the forecast period. Increasing vehicle production, increase in demand for fuel-efficient vehicles, and growing penetration of hybrid vehicles are the major factors driving the growth of the gasoline direct injection market.
The economic growth in China, India, and Brazil has improved consumer lifestyles, which, in turn, has impacted the sales of passenger cars, electric vehicles, and premium vehicles. With an increase in disposable income, the demand for premium vehicles has increased significantly.
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The ECU segment is estimated to lead the market in terms of value during the forecast period due to an increase in demand for advanced features and a rise in the number of sensors in vehicles. The increase in vehicle production is the key factor driving the growth of the gasoline direct injection market in all types of vehicles. Technological advancements have also driven market growth in all vehicle types. ICE vehicles, especially passenger cars, are now equipped with advanced features and technologies to enhance fuel economy and safety, and hence more control units are required.
The i4 segment holds the largest share due to the increasing demand for light-duty four-cylinder engines in mid-segment passenger cars. Also, the rise in production and sales of mini to mid-segment passenger cars and the rise in emission regulations are further expected to rise the demand for the i4 segment during the forecast period. The gasoline direct injection market in the i4 segment is anticipated to grow from USD XX million in 2022 to USD XX million by 2027, at a CAGR of XX%.
The SUV/MPV segment holds the largest share of the gasoline direct injection industry. In North America and Europe, SUVs/MPVs are equipped with V6 and V8 engines; however, in Asia Pacific, SUVs are equipped with I4 engines due to their price-sensitive market. In recent years, with the increasing need for CO2 emission reduction, the demand for weight reduction has increased significantly. With a better storage facility, these segment cars are mostly preferred for the passenger and cargo segments. Initially, General Motors in the USA started manufacturing radically restructured cars, which shifted consumers to buy SUVs and MPV’s which resulted in discontinuation of sedan cars. In North America SUV and pick-up trucks are mostly preferred for outdoor activities by the family. Having a larger costal area in California (USA) most of the cars sold here are SUV’s due to cargo transport. North America holds the highest market share for SUV’s and MPV’s and Europe has the highest market share in terms of value.
According to the US EPA, transportation contributes 27% of the total greenhouse gas emissions in the US. Similar trends are seen across the world, and the growing concerns of global warming have led to efforts to reduce CO2 emission. As the transportation sector is one of the largest contributors of CO2, governments across the world have set targets to reduce these emissions, which have resulted in the formation of fuel economy and CO2 emission regulations.
The Corporate Average Fuel Economy (CAFE) regulations were first introduced in the US in 1975 after the 1973-74 oil crisis. The CAFE regulations were introduced to regulate fuel consumption for cars and light-duty vehicles in the US. These regulations control the fleet-wide average fuel consumption and CO2 emission for light-duty vehicles. With 2016 as the base year, the CAFE regulations aim to reduce the CO2 emission by 14.8% by 2020 and 23.5% by 2025. Simultaneously, the fuel economy is planned to be increased by 17.5% by 2020 and 30.7% by 2025.
The European Union, Canada, and South Korea have some of the toughest CO2 emission reduction targets. The European Union plans to reduce these emissions to 75g/km by 2025. These are some ambitious targets and many OEMs and Tier 1 suppliers believe that achieving these targets will require major changes in the vehicle powertrain and weight. Many OEMs are focusing on diesel-powered vehicles. As diesel vehicles are more fuel efficient than gasoline vehicles, it helps in reduction of CO2 emissions. However, the downside of diesel vehicles is the emission of NOx, which is higher than gasoline engines.
GDI engines burn fuel at higher pressures to ensure better and complete combustion of the fuel. As a result, GDI helps to reduce the CO2 emission by 5–10% and increases the fuel economy by 12–15%, without compromising on power. Hence, it is one of the key technologies that can help the OEMs meet the CO2 emissions targets. A regular port fuel injection (PFI) cannot provide this level of fuel efficiency. As 45–50% of passenger cars across the globe run on gasoline fuel, it has become essential for car manufacturers to install GDI systems instead of regular PFI systems to extract the best fuel efficiency from the system.
Key Market Players:
The Gasoline Direct Injection Companies are Robert Bosch GmbH (Germany), Denso (Japan), Hitachi (Japan), BorgWarner Inc. (US), and Magneti Marelli (Italy).
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