Automotive Gasoline Direct Injection Tubing Market is Forecasted to Reach US$ 401 Million in 2030, Says Stratview Research

Stratview Research, a global market research firm, has launched a report on the global automotive gasoline direct injection tubing market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2023: US$ 334 million

Market Size in 2030: US$ 401 million

Growth (CAGR): 1.5% during 2024-2030

Leading Propulsion Type: ICE Light Vehicles

Leading Region: Asia-Pacific

Forecast Period: 2024-2030

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 2

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights on the Automotive Gasoline Direct Injection Tubing Market:

The global automotive gasoline direct injection tubing market is segmented based on propulsion type, and region.

Based on propulsion type – The automotive GDI tubing market is segmented into ICE Light Vehicles and Hybrid Light Vehicles. ICE Light Vehicles are anticipated to hold the major share of the market. Hybrid Light Vehicles are expected to be the fastest-growing vehicle type during the forecast period. GDI technology is specifically designed for gasoline engines, the large installed base of ICE vehicles directly contributes to sustained demand for GDI tubing. However, the market share of ICE light vehicles is expected to decline steadily as the adoption of hybrids and battery electric vehicles accelerates. While ICE vehicles currently dominate the global automotive business, projections show their share will decrease over the coming years, resulting in lower demand for GDI-related components like tubing. The global automotive business is transitioning towards electrified powertrains, with hybrid vehicles acting as an intermediary between traditional ICE vehicles and fully electric vehicles (EVs). As the production of hybrid light vehicles continues to increase worldwide, the demand for GDI technology in these vehicles is also growing. Major markets, such as Asia-Pacific, Europe, and North America, are experiencing growth in hybrid vehicle sales, further contributing to the expansion of the GDI technology for this propulsion. This, in turn, is fuelling the growth of the GDI tubing market.

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific is expected to remain the largest market for automotive GDI tubing during the forecast period. This growth outlook is majorly attributed to the following–

• Asia-Pacific, particularly countries like China, India, Japan, and South Korea, is the largest automotive market in the world, accounting for a significant share of global vehicle production.
• GDI technology is gaining popularity in the Asia-Pacific region due to its ability to improve fuel efficiency and lower emissions. As countries in the region implement stricter fuel economy regulations and emission standards, automakers are incorporating GDI systems to meet these requirements.
• Asia-Pacific is home to some of the world's largest automotive manufacturers, including Toyota, Honda, Hyundai, Kia, Nissan, Suzuki, and several major Chinese automakers. The presence of a large manufacturing base ensures a steady and robust demand for GDI components, including tubing.

Automotive Gasoline Direct Injection Tubing Market Drivers:

Some of the key drivers listed in the report are given below.

• The automotive industry's shift towards more fuel-efficient and high-performance engines is driving the demand for GDI technology. GDI engines are becoming increasingly popular in passenger vehicles and light commercial vehicles due to their ability to reduce fuel consumption and emissions, directly impacting the demand for high-quality GDI tubing.
• The global rise in vehicle production, especially in emerging economies, is boosting the demand for GDI engines and their components. As automotive manufacturers increasingly adopt GDI technology to meet consumer demand for more efficient and powerful vehicles, the market for GDI tubing is expected to grow significantly.
• The rising trend of high-end car usage, higher power output, and enhanced dynamics of car driving is driving GDI Systems.
• Rapid urbanization, rising disposable income, and increasing motorization in developing economies coupled with the rising trend of high-end cars with higher power output is driving the demand for GDI technology ultimately fuelling the automotive GDI tubing market.
• Hybrid and plug-in hybrid vehicles are being fitted with GDI technology; hence, opening new opportunities in the ever-evolving applications of GDI systems from just gasoline cars.

Top Companies in the Automotive Gasoline Direct Injection Tubing Market:

Stratview Research has identified the following companies as the top market players:

• Alleima (formerly Sandvik Materials Technology)
• Centravis
• Fischer Group
• Mannesmann Stainless Tubes GmbH
• Maruichi Stainless Tube Co., Ltd.
• Nippon Steel Corporation
• Plymouth Tube Company
• Shanghai Kechun Precision Seamless Tube Co., Ltd.
• Tris Tube Co., Ltd.
• Usui International Corporation

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the market, answering critical questions like

-      How big is the sales opportunity?

-      Which regions offer the best sales opportunities?

-      Which are the most attractive market segments?

-      Which are the top players and their market positioning?

-      How complex is the business environment?

-      What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

Related Reports:

-      Gasoline Direct Injection (GDI) System Market

-      Automotive Fuel Injection System Market

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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