Global Automotive Haptic Accelerator Pedal Market Growth at CAGR of 23.52%, 2016-2020: Challenges, Trends & Drivers - Key Vendors are Bosch, CTS & Continental - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Automotive Haptic Accelerator Pedal Market 2016-2020" report to their offering.

The global automotive haptic accelerator pedal market to grow at a CAGR of 23.52% during the period 2016-2020.

Enhancing fuel efficiency will continue to be one the key targets for all automotive OEMs, Tier-I suppliers, automobile owners, and other stakeholders of the automotive industry. Several measures have been initiated by stakeholders to enhance the fuel efficiency parameter. Significant R&D investments have been made for decades in the field of powertrain technologies, fuel technologies, and substantial efforts have been made to enhance engine performance in order to improve fuel efficiency.

The report covers the present scenario and the growth prospects of the global automotive haptic accelerator pedal market for 2016-2020. To understand and calculate the automotive haptic accelerator market, the market has been derived from the overall passenger cars market that are equipped with haptic accelerator pedals. The overall passenger car market refers to the OEM production volumes of passenger cars.

A trend boosting market growth is the need for smaller resonator actuators used by haptic systems. With advancements in electronics and electronic devices miniaturizations, the haptic technology systems enabled by the traditional resonator actuators also have to fit to this trend of getting lesser in size. This will prove essential in several applications that include consumer electronics, wearables, and automotive infotainment devices, among others. The existing haptic feedback technology-enabled actuator units are constantly becoming compact and smaller in size. This should widen their application prospects to smartphones that are getting slimmer.

According to the report, a key growth driver is the need to curb driver distraction due to multiple onboard electronics and gadgets. Several studies indicate that though there have been significant improvements to engines, transmissions, and powertrains, it is certainly the drivers' driving behavior that can leverage the vehicles' maximum technological capabilities in terms of capturing the best fuel efficiency. To address this, the industry already has the use of communication systems that indicate to the driver through a flashing light or a message on touch screens/dashboards the necessary modification required to the driving style.

Further, the report states since the technology may impede a drivers' driving style, resistance toward such systems can be significant. This stems from the relative low awareness levels on such technologies and rapid penetration of newer technologies in the automotive space, confronting the easy user adaptability to all of the technological systems at one go.

Key vendors

  • Bosch
  • CTS
  • Continental

Other prominent vendors

  • Hella
  • Jaguar
  • Mercedes Benz
  • Nissan

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Geographical segmentation

Part 07: Market drivers

Part 08: Market challenges

Part 09: Market trends

Part 10: Vendor landscape

Part 11: Key vendor analysis

Part 12: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/qk3xzb/global_automotive

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Automotive Drivetrain and Transmission Components

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Automotive Drivetrain and Transmission Components