Gasoline Direct Injection Market by Component (Fuel Injectors, Fuel Pumps, Electronic Control Units, Others), Engine Type, Vehicle Type, Sales Channel, and region (North America, Europe, Asia-Pacific, Middle East, Africa, and South America).
The Global Gasoline Direct Injection (GDI) Market size is expected to reach USD 20.4 billion and is projected to reach a CAGR of 10.8% from 2023-2030.
Petrol direct injection (PDI) is another name for gasoline direct injection (GDI). Fuel is directly injected into the combustion chamber via GDI technology. Through a common rail fuel line, gasoline is greatly compressed before being delivered into the combustion chamber of each engine cylinder. Fuel injectors, fuel pumps, sensors, and electronic control units make up the bulk of the GDI system.
The desire for fuel efficiency, improved thermal efficiency and engine performance, the adoption of stricter emissions rules, and a growing propensity towards engine downsizing and lighter cars are all contributing to the growth of the global market for gasoline direct injection systems. The development of the gasoline direct injection system industry is hampered by the high cost of GDI systems and vehicle electrification. Additionally, it is anticipated that the use of GDI systems in hybrid vehicles, technical developments (such as the turbo GDI system), and an increase in demand for passenger cars in emerging nations would create profitable growth prospects during the projection period.
The COVID-19 issue led to market uncertainty, a significant slowdown in the supply chain, a decline in corporate confidence, and an increase in consumer fear. The complete production and sales of gasoline direct injection systems were negatively impacted when governments in several locations declared total lockdown and temporarily stopped industry. Sales of new automobiles were impacted by the COVID-19 epidemic, particularly in 2020. It led to supply-chain hiccups, which delayed the production of automobiles. Lack of parts and supplies caused delays in the production of automobiles for a number of automakers. In addition, the government's lockdown caused a temporary stoppage of car production during the epidemic and a drop in demand for cars. However, after the pandemic, there will be a spike in vehicle demand, which will spur the market for gasoline direct injection systems to develop.
There are a few reputable manufacturers of GDI systems in the fragmented worldwide market for GDI systems. For vehicle OEMs and Tier-1 producers, these vendors are always trying to build high-quality and robust GDI systems. When compared to PFI engines, gasoline direct engines have a number of benefits in terms of efficiency and specific power. To make the most of this capability, special focus must be placed on how the air/fuel combination is formed inside the cylinder. Since injectors must deliver fine fuel atomization in a very short amount of time, creating a spray pattern capable of interacting with in-cylinder air motion and piston top surface, the combustion system must function at a higher level. This is made feasible by the Common Rail technology, which enables an injection pressure that is an order of magnitude larger than that of traditional PFI engines. In terms of revenue share, the fuel injectors segment is predicted to dominate the global market throughout the forecast period.
Asia-Pacific to Dominate the Market