The forecast period anticipates a significant growth rate in the global GDI system market. The growing need to curb air pollution and reduce GHG emissions is driving the market growth. Additionally, the market is fostered by the increasing demand for electric vehicles. Furthermore, the GDI system's associated benefits, such as improving engine performance, turbocharging, increasing fuel efficiency, and reducing emissions, among others, are expected to have a positive impact on market growth. However, the market growth may be hindered by the high cost of the GDI system and system carbon build-up over the next few years.
The global GDI system market is categorized based on vehicle type, type, sales channel, company, and region. The market can be divided into passenger cars and light commercial vehicles & medium & heavy commercial vehicles based on vehicle type. The passenger car segment is expected to dominate the market due to rising income levels and growing demand for passenger cars, particularly in emerging countries. The growing production of passenger cars with ICE engine due to increasing vehicle ownership also drives segmental growth. The light commercial vehicles & medium & heavy commercial vehicles segment is expected to witness significant growth due to increasing road transportation and domestic trading activities.
The GDI system market has been regionally segmented into Asia-Pacific, North America, South America, Europe, and the Middle East & Africa. Asia-Pacific is expected to register the highest growth in the overall GDI system market due to increasing environmental concerns and the need to reduce greenhouse gases emissions. Furthermore, the growing demand for hybrid and high-performance vehicles is expected to drive the market's growth in the region.
Robert Bosch GmBH, Denso Corporation, Delphi Automotive LLP, Continental AG, Magneti Marelli S.p.A., Cosworth, Stanadyne LLC, Keihin Corporation, Park-Ohio, Autocam, and others are the major players operating in the GDI system market. Major companies are developing advanced technologies and launching new products to remain competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
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Objective of the Study:
To analyze and estimate the market size of global GDI system market from 2018 to 2021.
To estimate and forecast the market size of global GDI system market from 2022 to 2028 and growth rate until 2028.
To classify and forecast global GDI system market based on vehicle type, type, sales channel, company, and regional distribution.
To identify dominant region or segment in the global GDI system market.
To identify drivers and challenges for global GDI system market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global GDI system market.
To identify and analyze the profile of leading players operating in global GDI system market.
To identify key sustainable strategies adopted by market players in global GDI system market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global GDI system market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
GDI system manufacturers/ suppliers/ distributors
Market research and consulting firms
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to GDI system
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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About TechSci Research:
TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.
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