- The key vendors in the automotive GDI systems market in Europe 2015-2019 are Continental AG, Delphi Automotive plc, Magneti Marelli SpA, Renesas Electronics and Robert Bosch GmbH
London, 03 August 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the automotive GDI systems market in Europe 2015-2019. Rising demand for turbocharged GDI engines is one of the major trends being observed in the market. Automotive turbochargers aid in boosting engine power by increasing the intake of air in the vehicle’s engine. For instance, usage of turbochargers enables automobile manufacturers to use V6 engines that can perform as efficiently as V8 engines or replace V6 engines with four-cylinder engines, which consume less fuel and maintain similar level of power and torque, consequently improving the overall performance of the engine. The automotive GDI systems market in Europe is projected to grow at a CAGR of 13.94% during the forecast period of 2014-2019.
The market is driven by the growing adoption of stringent emission norms set by the EC because of the rising health and environmental concerns. Also, initiatives of the European government to enhance fuel efficiency and reduce carbon emissions are propelling growth of the market.
“A GDI plus turbo-supercharger intake air boosting technology is being implemented by light-vehicle engine manufacturers across the world, and this lets the engines operate with high loads and at low speeds for ideal fuel efficiency,” says Faisal Ghaus, Vice President of Technavio Research.
“Moreover, GDI technology will become standard equipment in the large-vehicle segment (D, E, and F) by 2018. It is expected that GDI systems’ annual unit volume will triple between 2010 and 2018, with an anticipated penetration of 90%-92% by 2018.
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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