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Surging carbon footprint attributed to heavy automotive usage has led manufacturers to improve existing vehicle tire designs has significantly heightened demand for low rolling resistance tires, according to ESOMAR-certified Future Market Insights’ (FMI) latest research report. As per the study, the global low rolling resistance market is slated to surpass a staggering CAGR of 11% across the forthcoming decade.

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Key manufacturers are increasingly focusing on achieving fuel economy, one of the top priorities in the global fight to achieve environmental sustainability in the automotive domain. The United States Department of Energy advocates that adopting low roller resistance tires can yield around 5-15% of fuel economy. A 5% reduction in rolling resistance would improve fuel economy by approximately 1.5% for light and heavy duty vehicles.

Prominent manufacturer Bridgestone Group offers revolutionary solutions contributing to CO2 emissions reductions by customers and partners across society. To accelerate its contributions, it has set the focused target towards 2030: contributing to global emissions reduction across the lifecycle and value chain. For the target of a 25 percent reduction in tire rolling resistance by 2020, it achieved a 23 percent reduction in 2019.

Key Takeaways from FMI’s Low Rolling Resistance Tire Market Study

• By vehicle type, passenger vehicles to emerge as primary low rolling resistance tire end-users
• Wide band width low rolling resistance tires to account for nearly a quarter of the global demand
• Sales across the aftermarket segment are likely to surpass an impressive valuation, given the ever expanding volumes of global transportation fleet
• US to experience noteworthy expansion amid robust presence of regional level tire manufacturers
• India and China to generate lucrative opportunities across South Asia & East Asia, collectively experiencing over 3x growth
• Massive investment projects to augment production capabilities to bolster demand across Japan
• Broadening EV market to widen low rolling resistance tires adoption across Germany

“Visibly increasing consumer tilt towards commercial vehicles for long distance travel is likely to amplify sales of low rolling resistance tires by prominent automotive manufacturing giants,” says the FMI analyst.  

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Competitive Landscape

Bridgestone Corporation, The Goodyear Tire & Rubber Company, Sumitomo Rubber Industries Ltd., Pirelli & C S.p.A, Hankook Tire, MICHELIN, Continental AG, Trelleborg AB, The Yokohama Rubber Co. Ltd, Apollo Tyres Ltd., Maxxis International (Cheng Shin Rubber), Marangoni S.p.A and MRF Tyres are some prominent players operating in the low rolling resistance tire market.

Emphasis on lightweight tires is prompting prominent players to introduce appropriate product portfolios. For instance, in April 2021, Milan-based Pirelli & C S.p.A introduced P ZERO RACE Tub SL, a new rubber, equipped with a special inner tube which guarantees a reduction in overall tire weight exceeding 10%, while maintaining the same grip, smoothness and reliability for bicycles.

Manufacturers are also focusing on offering customized solutions to appropriate end-use industries. Hankook Tire, for instance, announced in April 2021 that it intends to supply original equipment for Porsche 718 Boxster and Cayman models, including tailor-made Ventus S1 evo 3 tires in sizes 235/40 ZR19 (92Y) N-O for the front axle and 265/40 ZR19 (98Y) N-O for the rear axle.

Key Segments Covered

Vehicle Type

• Passenger Vehicle
• Light Commercial Vehicle
• Heavy Commercial Vehicle

Width Type

• Dual Type
• Wide Band Type

Sales Channel

• OEM
• Aftermarket

Region

• North America (US and Canada)
• Latin America (Brazil, Mexico and Rest of Latin America)
• Europe (Germany, France, Spain, UK, Italy, Nordics, BENELUX, Russia and Rest of Europe)
• East Asia (China, Japan and South Korea)
• South Asia (India, Malaysia, Thailand, the Philippines and Rest of South Asia)
• Oceania (Australia and New Zealand)
• Middle East & Africa (GCC, South Africa, Turkey and Rest of MEA)

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Table Of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

3. Market Background 

3.1. Macro-Economic Factors

3.2. Forecast Factors Relevance & Impact

3.3. Value Chain

3.4. Market Dynamics

3.4.1. Drivers

3.4.2. Restraints

3.4.3. Opportunity Analysis

3.4.4. Trend

4. Market Forecast

4.1. Global Low Rolling Resistance (LRR) Tire Market (Market Size US$ Mn) Analysis

4.1.1. Historical Market Value (US$ Mn) Analysis

4.1.2. Current and Future Market Value (US$ Mn) Projections

4.1.2.1. Y-o-Y Growth Trend Analysis

4.1.2.2. Absolute $ Opportunity Analysis

4.2. Pricing Analysis

4.2.1. Pricing Analysis By Vehicle Type

4.2.2. Pricing Analysis By Region

Key questions answered in the report

• How will the low rolling resistance tire market grow in the future?

According to FMI, the global low rolling resistance tire market is expected to post impressive gains through 2021 and beyond, expanding at a strong growth rate. Growth is majorly underpinned by the increasing scramble towards incorporation of sustainable development directives and imposition of stringent regulatory standards governing automotive emission standards

• Which region is likely to account for the maximum growth opportunity?

FMI’s report establishes that the Asian market is likely to post impressive gains in the future, with significant packaging improvement initiatives being visible across the Chinese and Japanese markets. However, North America and Europe are expected to contribute equally attractive revenue shares to the global landscape

• Which is the most preferred low rolling resistance tire width type?

Demand for wide band width low rolling resistance tires is expected to incline significantly over forthcoming years, expected to account for nearly a quarter of the revenue share in the forecast period. Enhanced automotive performance due to even load distribution and greater fuel economy

 

FMI delivers key insights on the global hybrid vehicles market in its latest report titled, ‘Hybrid Vehicles Market: Global Industry Analysis and Opportunity Assessment 2016-2026.’ The long-term outlook of the global hybrid vehicles market remains positive, with market value expected to increase at a CAGR of 20.4% during the forecast period (2016-2026). Among the product types, the hybrid electric vehicles segment is expected to expand at a significant CAGR in terms of value over the forecast period. The global hybrid vehicles market for passenger cars is estimated to be valued at US$ 54.7 Bn by the end of 2016. Japan is estimated to account for a value share of 48.1% in the global hybrid vehicles market by 2016 end, and it is anticipated to retain its dominance throughout the forecast period. In this report, FMI throws light on the drivers and restraints likely to impact the global hybrid vehicles market during this period.

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Global Hybrid Vehicles Market: Factors Influencing Revenue Growth

The hybrid vehicles market is driven by various factors such as better fuel efficiency, incentives & subsidies offered by governments, rising prices of petroleum products, and reduction in air pollution, among others. Hybrid vehicles have better fuel efficiency than conventional vehicles, as apart from using IC engines, hybrid vehicles also use energy stored in a battery, which uses 80% of the energy for driving the vehicle, owing to the higher efficiency involved in converting the chemical energy of batteries into electrical energy. Using battery energy also minimizes the harmful carbon emissions involved with IC engines. Apart from this, various government authorities provide subsidies and incentives to the owners of hybrid vehicles. For instance, in China, the government offers subsidies ranging from US$ 6,750 to US$ 14,000, depending upon the size of the battery pack, to every purchase of a hybrid or electric vehicle. Cities such as Beijing and Shanghai offer free registration plates for electric hybrid vehicles.

The insufficient number of public charging stations hampers the growth of the plug-in hybrid vehicles sector, though portable charging systems are provided by manufacturers, which can be used at home or at the workplace. But while travelling between cities or during an emergency situation, this can cause difficulty to the consumers. Therefore, to fully explore the potential of plug-hybrid vehicles, a sufficient number charging stations are required, which will enhance the market for plug-in hybrid vehicles.

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Segmental Analysis of the Hybrid Vehicles Market

The hybrid vehicles market is segmented on the basis of product type, vehicle type, engine type, and powertrain configuration.

• The hybrid electric vehicles segment is anticipated to continue to dominate the market in terms of value over the forecast period. The hybrid electric vehicles segment is estimated to grow at a significant CAGR over the forecast period. It is expected to represent a total incremental opportunity of US$ 297 Bn between 2016 and 2026.
• The power split hybrid vehicles segment is projected to be the most prominent powertrain configuration in the hybrid vehicles market. The power split hybrid vehicles segment is estimated to grow at a significant CAGR of 22.7%, in terms of value, over the forecast period. The market for power split hybrid Vehicles is driven by the benefits they offer over parallel and series hybrid vehicles.

Hybrid Vehicles: Regional Market Projections

The hybrid vehicles market in Japan is expected to represent a significantly higher incremental opportunity between 2016 and 2026. The market for hybrid vehicles in Japan is expected to represent a total incremental opportunity of US$ 241 Bn between 2016 and 2026.

Key segments covered in the hybrid vehicles market report

On the basis of product type, the hybrid vehicles market can be segmented into:

• Hybrid Vehicles
• Plug-in Hybrid Vehicles

On the basis of vehicle type, the hybrid vehicles market can be segmented into:

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles

On the basis of engine type, the hybrid vehicles market can be segmented into:

• Parallel Hybrid
• Series Hybrid
• Power Split Hybrid

On the basis of powertrain configuration, the hybrid vehicles market can be segmented into:

• Gasoline Electric
• Diesel Electric

On the basis of region, the hybrid vehicles market can be segmented into:

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East & Africa (MEA)

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Hybrid Vehicles Market: Key Participants

The report highlights some of the top companies operating in the hybrid vehicles market, such as Ford Motor Company, General Motors Company, Honda Motor Co., Ltd., Daimler AG, Volkswagen AG, Renault SAS, Toyota Motor Corporation, Nissan Motor Corporation, Mitsubishi Motor Corporation, Hyundai Motor Company, and Bayerische Motoren Werke AG (BMW).

Top Reports Related To Automotive Market Insights

Golf Cart Market : Increasing urbanization and inclination towards the environment friendly options are key factors driving market of golf cart. As per a Future Market Insights (FMI) analysis, the global golf cart market is estimated to be valued at ~US$ 2.59 Bn in 2021, expanding at a CAGR of ~4.3% during the forecast period from 2021 to 2031. While the COVID-19 outbreak hampered sales to an extent, the market is likely to recover 2021 onwards.

Automotive Interior Leather Market : Globalization of the automobile industry and rising demand for automotive interior customization are expected to remain chief driving factors of the global automotive interior leather market. According to Future Market Insights (FMI), the global automotive interior leather market is estimated to be valued at ~US$ 29.9 Bn in 2021.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact

Mr. Debashish Roy
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For Sales Enquiries: sales@futuremarketinsights.com
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The automatic tire inflation system industry has been exhibiting steady growth since the past decade owing to the rise in requirement in utility vehicles, tractors, and heavy commercial vehicles (HCV). While the outbreak of the COVID-19 pandemic took a toll on the industry output due to the decline in automotive sector, the recovery has started since the last quarter of 2020. With the increase in investment on research & development (R&D) activities by manufacturers, and the key sales channels getting back on track, automatic tire inflation system industry is subject to significant growth in the coming years.

The latest revised edition of the report on ‘automatic tire inflation system’ market study by Future Market Insights (FMI) offers an exhaustive overview of the global industry trends, regional insights, demand-supply trajectories, and crucial factors during the forecast period of 2021 to 2031. According to the report, North America, Europe, and Asia Pacific will remain the leading regions, while high requirement from utility vehicle segment will drive the sales in 20+ countries.

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Key Takeaways from Market Study

• The global automatic tire inflation system industry is forecast to expand at over 5% CAGR through 2031
• Increase in application in utility vehicles and heavy commercial vehicles (HCV) is likely to be witnessed
• Original equipment manufacturer (OEM) segment to exhibit hegemony in terms of sales channel
• The United States to hold the major chunk of North America industry
• Germany remains the epicenter of Europe automatic tire inflation system industry
• The United Kingdom, China, Japan, India, Canada, France, and a few other countries to emerge lucrative
• Asia Pacific to register the fastest growth throughout the forecast period

“Advancement in manufacturing sector coupled with the rise in adoption of various automated systems and solutions in automotive sector are fuelling the sales of automatic tire inflation system,” says an FMI analyst.

How is the Recovery of the Automotive Industry Key to Automatic Tire Inflation System Providers?

Automatic tire inflation systems are highly sought-after in automotive industry owing to its unlimited advantages over the conventional system such aslower maintenance cost, higher safety, extended tire life, highly compatible with satellite communication services and telematics systems, and efficiency in providing proper pressure maintenance over road.

According to a report titled “Automotive Industry Spotlight” published by the SelectUSA, the United Sates has one of the largest automotive industries in the world, while in 2018, the U.S. light vehicle sales reached 17.2 million units. As stated in the report, new R&D initiatives are transforming the global automotive industry including the U.S., while according to Auto Alliance, globally UIS$ 105 Billion is spend on R&D in automotive industry. Though the situation changed temporarily in 2020, the automotive sector is getting back to its feet making the automatic tire inflation system providers optimistic again.

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Market Segmentation by Category

Vehicle Type

• Tractors
• Heavy Commercial Vehicles (HCV)
• Utility Vehicles

Sales Channel

• Original Equipment Manufacturer (OEM)
• Aftermarket

Component

• Hub Caps
• Hoses
• Axle & Wheel Component
• Others

Region

• North America
• Latin America
• Europe
• Middle East and Africa (MEA)
• East Asia
• South Asia
• Oceania

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Report Scope

Attribute	Details
Forecast Period	2021-2031
Historical Data Available for	2016-2020
Market Analysis	USD Million for Value
Key Regions Covered	North America, Latin America, Europe, South Asia, East Asia, the Middle East & Africa, and Oceania
Key Countries Covered	US, Canada, Germany, U.K., France, Italy, Spain, Poland, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Vietnam, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa
Key Segments Covered	Vehicle Type, Sales Channel, Component, and Region
Key Companies Profiled	Dana Incorporated Meritor, Inc. EnPro Industries, Inc. Nexter Group Servitech Industries, Inc. Hendrickson USA, L.L.C. Tire Pressure Control International Ltd. PTG Reifendruckregelsysteme GmbH Aperia Technologies, Inc. Systems GmbH Bigfoot Equipment Ltd. Tibus Offload Ltd. & Co. KG AIR CTI FTL Technology Limited Col-Ven S.A.
Report Coverage	Market Forecasts, Brand Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

Key Questions Answered in Report

• Which are the top companies manufacturing automatic tire inflation system?

Some of the top companies manufacturing automatic tire inflation system are Tire Pressure Control International Ltd., Bigfoot Equipment Ltd., AIR CTI, and FTL Technology Limited.

• Which are some of the lucrative markets for automatic tire inflation system?

The United States, China, Germany, Japan, India, the United Kingdom, Canada, Italy, France, and a few others are lucrative markets for automatic tire inflation system and are expected to continue exhibiting high demand through the forecast period.

• Which vehicle type accounts for high sales of automatic tire inflation system?

Presently, the utility vehicles segment is the most lucrative in terms of vehicle type, and is expected to remain dominant over the forecast period of 2021 to 2031.

• Which sales channel is mostly preferred in the automatic tire inflation system market?

Original equipment manufacturer (OEM) is mostly preferred in the automatic tire inflation system industry and expected to remain dominant through 2031.

 

Future Market Insights (FMI), in its recently published report, suggests that the sales of automotive interior ambient lighting systems reached ~2.7 million units in 2018, equating the revenues worth US$ 28 Bn. As fuel efficiency, low emission, and high performance can no longer suffice the evolving vehicle selection criteria of consumers, automakers continue to face pressure of implementing multifaceted strategies, covering comfort, style, and aesthetics.

The study finds that manufacturers are being considerate of the fact that interior ambient lighting can be made ‘functional’ by influencing the mood, circadian rhythms, and alertness of drivers, thereby enhancing the night-driving safety and appreciation of vehicles.

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Once developed exclusively for luxury auto models of Audi, Infinti, Mercedes, BMW, and Jaguar, automotive interior ambient lighting systems are rapidly becoming ubiquitous in the mid-range and economical vehicles as well. In addition to rendering an extra aesthetic appeal to vehicle models, ambient lighting systems are now being designed for driver’s assistance in terms of orientation, which marks a highly profitable trend in market.

OLED to Illuminate the Road Ahead, Replacing LED and Incandescent

Innovation is likely to come thick by fast replacing the incandescent lights with the penetration of LED technology for the development of automotive interior ambient lighting systems. The study finds that the adoption rate of LED-based lighting systems will act as a key differentiator since they consume substantially lesser energy than incandescent and halogen lights of equivalent brightness and delay the impact of time. As automotive industry operates within the confined boundaries of regulations, environmentally-benign OLED lights will illuminate the future of the automotive interior ambient lighting systems market.

The study finds that in the future, the options will turn more sophisticated with the surfacing of autonomous vehicles and IoT technology to keep the focus of drivers intact. In addition, issues of power failure encountered with the integration of wired lightings have been leading to the development of battery-operated wireless lighting systems, which is likely to remain well-appreciated by technologically-abreast consumers. As automakers prioritize on the development of interior ambient lighting systems by keeping consumers at the centre, integration of gesture-recognition ambient lighting systems is anticipated to make an attractive preposition.

In the consolidated landscape, automakers are braced to tune the competition frequency to the next level by targeting consumers’ proclivity for premium and visually-appealing vehicles. Manufacturers focus on optimizing their innovation capability by blending the best of the competencies for enhancing the features of interior ambient lighting systems. However, as quality comes at a cost, counterfeiters operating in the automotive interior ambient lighting systems landscape find the leeway to offer low-quality systems at a cheaper rate. The trends have especially been observed in the developing countries of East Asia and South Asia, which is a crucial concern for automakers to address and bridge the gap to reach out to more consumers with authentic lighting systems.

The report opines that on the backdrop of environmental thinking adopted by automakers, advent of electro-mobility will lead the movement to high sales opportunities. In addition, as consumers gain intellect apropos of the safety features of automotive interior ambient lighting systems, the future of vehicles is likely to stand tall at the intersection point of aesthetics and safety.

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Key Segments

By Technology

• LED
• Others

By Vehicle Type

• Compact
• Sedan
• Executive
• SUV/MUV
• Luxury
• Sports
• LCV
• HCV

By Application

• Centre Console and Dashboard
• Doors
• Roof
• Floor
• Others

By Sales Channel

• OEM
• Aftermarket

By Region

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa

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Automotive Interior Ambient Lighting Systems Market – Key Research Findings

1. The global automotive interior ambient lighting systems market size in 2018 was ~US$ 3 Bn.
2. The automotive interior ambient lighting systems market is expected to grow at a CAGR of ~6% during the forecast period of 2019-2029.
3. Besides the growing trend of customization for interior ambient lightings among customers, availability of a variety products has been recently driving the sales of automotive interior ambient lighting systems.
4. Collectively, East Asia, North America, and Europe are likely to account for half of the revenue shares in the automotive interior ambient lighting systems industry by the end of 2029.
   • North America, attributing to the robust automotive industry in the U.S., will continue to be a prominent regional market for automotive interior ambient lighting system manufacturers.
5. The centre console and dashboard segment is expected to remain a prominent application area to invest in, for automotive interior ambient lighting systems market players.
   • The automotive industry has witnessed significant growth over the recent past, and the revival of interior lighting systems has been particularly striking.
   • Significant application potential of automotive interior ambient lighting systems has been identified in the doors lighting category.

 

As per changing consumer buying behavior, motorcycle suspension system is gaining stature as a key performance indicator in motorcycles. The growth of the motorcycle suspension system market is directly related to the production and on-road fleet of two wheelers. Motorcycle suspension system market is anticipated to reach ~US$ 2.4 Bn by the end of 2029 and is expected to grow at ~5% CAGR in the forecast period of 2019-2029. Rising usage of motorcycles for recreational purposes is resulting in increasing demand for shock absorbers for long-distance touring.

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Motorcycle Suspension System Market​ Key Takeaways

• Establishing long-standing direct sales-supply agreements with automotive OEMs is a key winning strategy for market participants in the motorcycle suspension system market.
• A suspension system is one of the few noticeable components and is now gradually turning out to be among the deciding factors while purchasing a motorcycle.
• Suspension systems these days are being marketed as USPs of vehicles during new launches and advertisements by key players.
• Increasing recreational activities, including off-road biking, are an unevolved opportunity for market players to launch specific suspension systems to gain competitive advantages.
• Rising traffic congestion is an inescapable condition resulting in lengthy commutation time. This, in turn, is a key factor responsible for the inclination of customers towards motorcycles and is expected to subsequently contribute to the growth of the motorcycle suspension system market in the coming years.
• In the current scenario, scooters are trending as compared to conventional motorcycles, owing to their easy handling, good stability, and low price range. Scooters are being preferred by all age groups, especially aged citizens, teenagers, and females.
• Passive motorcycle suspension system technology is anticipated to remain popular across the globe in the motorcycle suspension system market.

New players at global and regional levels can reap rich benefits by focusing on replacement and aftermarket sales, riding on the new trend of retrofitting and customizing motorcycles.

Motorcycle Suspension System Market: Segmentation

The global motorcycle suspension system market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Product

• Front Suspension
  • Telescopic Fork
  • Others
• Rear Suspension
  • Dual Shocks
  • Mono Shocks
  • Others

Sales Channel

• OEMs
• Aftermarket

Technology

• Passive
• Active/Semi-active

Motorcycle

• Standard
• Cruiser
• Sports
• Scooter
• Mopeds
• Others

Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excl. Japan
• Japan
• Middle East & Africa

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Table Of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMR Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

3. Motorcycle Suspension System Market Background

3.1. Macro-Economic Factors

3.1.1. Global GDP Outlook

3.1.2. Global GDP Value and Growth

3.1.3. Global Population Outlook

3.1.4. Global Oil & Gas Sector Outlook

3.1.5. Global Urbanization Outlook

3.1.6. Global Motorcycle and Motorcycle Suspension System Sales Outlook

3.1.7. Global Two Wheelers Market Overview By Region &

3.1.8. Global Economic Outlook

3.1.9. Comparative Analysis for Global Motorcycle Suspension System Market Dashboard

3.1.10. Peak hours Spent by Average Commuter in Congestion

3.1.11. Country Dashboard Analysis

3.1.12. Road Condition by Country

3.2. Global Motorcycle Market – Import & Export Scenario

3.3. Global Motorcycle Market Product Cost Tear-Down Analysis

3.4. Market Dynamics

3.4.1. Driver

3.4.2. Restraint

3.4.3. Trend

3.4.4. Opportunity

3.5. Value Chain

3.6. Global Motorcycle Suspension System Pricing Analysis

3.7. Forecast Factors: Relevance and Impact

4. Global Motorcycle Suspension System Market Analysis 2014–2018 and Forecast 2019–2029

4.1. Market Volume Projection

4.2. Market Size Projections

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ASEAN Countries Emerging as Growth Hub for Market Players

The motorcycle suspension system market is fairly consolidated, with key market players such as Gabriel India Limited, ZF Friedrichshafen AG, Showa Corporation, KYB Corporation, and BMW Group accounting for significant share of the total market value. The participation of local companies carrying technical licensing agreements with foreign brands has substantially contributed to the development of the motorcycle production and assembly market in ASEAN countries.

 

The demand for highly fuel-efficient automotive systems and increasingly stringent emission standards implemented by governments around the world drives the growth of the gasoline direct injection market. The market is estimated to grow at an exponential rate of over 14% through the forecast period 2021 – 2031.

Adoption of gasoline direct injection systems can be largely accounted for by commercial and passenger vehicles, with major manufacturers such as Ford, BMW, Daimler, and more incorporating relevant technologies in mid to high end gasoline vehicles.  Major market players are focused on research towards technology improvements.

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Fuel injector systems are estimated to hold major market share owing to the demand for high levels of precision for efficient fuel combustion. Improved control over exhaust emissions and air-fuel mixtures, and real-time monitoring of fuel regulators in terms of delivery pressure will contribute to demand in the long term. This is especially true with the increased incorporation of electronic control units in the automotive sector.

Developments in the industry covering flexibility in multiple input and output channels for better signal transfer will aid in the proliferation of gasoline direct injection systems. Particulate emission reduction research will also gain ground in the near future.

Despite high demand in the industry, market players face a number of challenges that could impact sales and revenue in the coming decade. For instance, gasoline direct injection systems are relatively cost-prohibitive owing to the use of high-pressure parts in the system. Furthermore, post combustion particulate emissions remain a challenge for manufacturers. Also, the growing popularity of electric vehicles in the automotive sector is an obstacle that is likely to hinder sales and revenue generation in the market in terms of long-term market prospects.

Key Takeaways in the Gasoline Direct Injection (GDI) Market Study

• The global gasoline direct injection market will rise at around 14% CAGR between 2021 and 2031.
• Rapid growth of automotive production rates in China and India, drives a relatively higher rate of growth in the industry of the Asia Pacific excluding Japan market.
• Steady rise in volume of vehicle production and growing focus on maintenance and aftermarket services have been driving growth in the United States.
• Following a moderate slump, sales are expected to recover in the Germany and France markets, driven by high fuel economy technologies.
• Strict implementation of stage 6 emission standards in terms of new vehicle registrations drive adoption and sales of gasoline direct injection technologies in the United Kingdom.

“The global gasoline direct injection (GDI) system market is projected to witness a high growth rate during the forecast period owing to benefits such as improved engine performance, engine downsizing, high fuel efficiency, thermal efficiency, and major reductions in emission volumes, which will continue to gain traction with the imposition of increasingly stringent regulations,” says the FMI analyst.

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Gasoline Direct Injection (GDI) Market – Report Scope

Attribute	Details
Forecast Period	2021-2031
Historical Data Available for	2016-2020
Market Analysis	USD Million for Value
Key Regions Covered	North America, Latin America, Europe, Japan, Asia Pacific Excluding Japan, and Middle East & Africa
Key Countries Covered	United States, Canada, Brazil, Mexico, Argentina, Germany, United Kingdom, France, Italy, Spain, Nordic, China, Japan, South Korea, India, Thailand Singapore, Australia, GCC Countries, Turkey, Israel, and South Africa
Key Segments Covered	Stroke Type, Vehicle Type, Sales Channel, and Region
Key Companies Profiled	TI Automotive (Heidelberg) STMicroelectronics Stanadyne Holdings Keihin Infineon Technologies GP Performance Eaton Denso Bosch Renesas Electronics Magneti Marelli Delphi Automotive Continental (indicative list)
Report Coverage	Market Overview, Key Market Trends, COVID-19’s Impact, Demand Analysis, Market Background, Segmental Analysis, Regional Profiling, Market Structure Analysis and Competition Analysis
Customization & Pricing	Available upon Request

Key Segments

Stroke Type

• 2 Stroke
• 4 Stroke

Vehicle Type

• Compact Vehicle
• Mid-Sized Vehicle
• Premium Vehicle
• Luxury Vehicle
• Commercial Vehicle
• Heavy Commercial Vehicle

Sales Channel

• OEM
• Aftermarket

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Who is Winning?

The global gasoline direct injection market is moderately fragmented with a number of regional players contributing to the industry. Major players in the market are likely to invest extensively in new technologies and research & development efforts to consolidate their market position.

The gasoline direct injection market is expected to grow exponentially during 2021 to 2031. As a rapidly growing market, companies are likely to gain impetus from changes arising from strict emission standards and regulations being implemented around the world.

Some of the leading players include but are not limited to Delphi Automotive Plc, Continental AG, Renesas Electronics Corporation, Magneti Marelli S.p.A., Denso Corporation, Robert Bosch GmbH, Infineon Technologies AG, Eaton Corporation Plc., TI Group Automotive Systems, LLC, and STMicroelectronics NV.