Dublin, Feb. 14, 2022 (GLOBE NEWSWIRE) -- The "Accelerator Pedal Module Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global accelerator pedal module market reached a volume of 390 Million Units in 2021. Looking forward, the publisher expects the market to reach 468 Million Units by 2027, exhibiting a CAGR of 2.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor
Accelerator pedals are a component of accelerators that are used to regulate the supply of fuel into the combustion chamber. They are ready-to-install units consisting of pedal-travel sensor, and idle and full-load stops. They use sensors to detect the amount of pedal depression and transfer the signal to the engine control unit (ECU). The pedal travel sensor also records the movement and position of the accelerator pedal. The ECU uses this information to calculate the required torque and addresses the throttle device and the injection system
Global Accelerator Pedal Module Market Drivers:
The earlier versions of these module were mostly made of metal and covered with rubber which not only made them heavy but also increased the possibility of corrosion. Nowadays, manufacturers are focusing on developing lightweight components for vehicles owing to the stringent government rules to meet emission standards. The advancements in material development technology have further led to the production of accelerator pedals from polyamide 6 which is lightweight and cost effective in nature
The developed regions such as North America and Europe have a concentration of the world's largest automotive manufacturers which have access to more developed equipment, strong R&D capabilities and modern technical expertise. As a result, mechanical accelerators have been completely replaced by electronic accelerator pedals in these regions. Additionaly, the increasing use of sensor-based accelerators is expected to be a major driving factor for the growth of the market
With the rapid development and industrialization in Asia, Africa and the Middle East, the automotive industry has been experiencing healthy growth. The increasing demand for automotive accelerator pedal modules for the manufacturing of passenger cars and commercial vehicles in these regions is providing a positive thrust to the growth of the overall market
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global accelerator pedal module market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on pedal material, pedal type, vehicle type and end-user
Breakup by Pedal Material:
- Plastic
- Metal
Breakup by Pedal Type:
- Floor Mounted
- Suspended
Breakup by Vehicle Type:
- Passenger Vehicle
- Commercial Vehicle
Breakup by End-User:
- OEM
- Aftermarket
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Bosch, Denso, ZF, HELLA, United Automotive Electronic Systems, F-TECH, Aisan Industry, Yorozu, Pacific Industrial, Mikuni, Kyung Chang Industrial, TT Electronics, Alfmeier Praezision, Aida Manufacture, AKITA KOGYO, Bellsonica, Chiyoda Industries, Chiyoda Kogyo Kyushu, Hanya Seisakusho, Kuroda Kagaku, etc
Key Questions Answered in This Report:
- How has the global accelerator pedal module market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global accelerator pedal module industry?
- What has been the impact of COVID-19 on the global accelerator pedal module industry?
- What is the breakup of the market based on the pedal material?
- What is the breakup of the market based on the pedal type?
- What is the breakup of the market based on the vehicle type?
- What is the breakup of the market based on the end-user?
- What are the various stages in the value chain of the global accelerator pedal module industry?
- What are the key driving factors and challenges in the global accelerator pedal module industry?
- What is the structure of the global accelerator pedal module industry and who are the key players?
- What is the degree of competition in the global accelerator pedal module industry?
- What are the profit margins in the global accelerator pedal module industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Accelerator Pedal Module Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Pedal Material
5.5 Market Breakup by Pedal Type
5.6 Market Breakup by Vehicle Type
5.7 Market Breakup by End-User
5.8 Market Breakup by Region
5.9 Market Forecast
6 Market Breakup by Pedal Material
6.1 Plastic
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Metal
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Pedal Type
7.1 Floor Mounted
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Suspended
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Vehicle Type
8.1 Passenger Vehicle
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Commercial Vehicle
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End-User
9.1 OEM
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Aftermarket
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Bosch
15.3.2 Denso
15.3.3 ZF
15.3.4 HELLA
15.3.5 United Automotive Electronic Systems
15.3.6 F-TECH
15.3.7 Aisan Industry
15.3.8 Yorozu
15.3.9 Pacific Industrial
15.3.10 Mikuni
15.3.11 Kyung Chang Industrial
15.3.12 TT Electronics
15.3.13 Alfmeier Praezision
15.3.14 Aida Manufacture
15.3.15 AKITA KOGYO
15.3.16 Bellsonica
15.3.17 Chiyoda Industries
15.3.18 Chiyoda Kogyo Kyushu
15.3.19 Hanya Seisakusho
15.3.20 Kuroda Kagaku
For more information about this report visit https://www.researchandmarkets.com/r/2il9dv
