Gasoline Direct Injection Market
Global report published by Accurize Market Research forecast that the global market is expected to reach $10.8 billion by 2024; growing at a CAGR of 18.1% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
Need for high performance & fuel-efficient vehicles and high acceptance of automotive GDI to drive the growth of the market
Need for high performance & fuel-efficient vehicles and high acceptance of automotive GDI fuels the demand for the global gasoline direct injection market. Moreover, increasing rules & regulations to decrease carbon emission also boosts the growth of the market.
The global gasoline direct injection market has been bifurcated on the basis of component, vehicle type, and geography. By component, the market is segmented into fuel injection, fuel pump, sensors, ECU and others. Furthermore, by vehicle type, it is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles.
By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S., Canada, and Mexico are covered under North America wherein Europe covers France, Germany, Italy, the U.K., and others. Asia-Pacific covers Australia, China, Japan, India, and others. The rest of the World (RoW) covers South America, the Middle East, and Africa.
“Passenger cars accounted for the largest market share in the vehicle type segment", says Accurize
By vehicle type segment, passenger cars accounted for the largest market share and are also expected to grow at the fastest CAGR during the forecast period 2017-2025."
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