DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/lgr9d7/global) has announced the addition of the "Global Accelerator Pedal Module Market 2015-2020" report to their offering.
The global accelerator pedal module market to grow at a CAGR of 3.27% over the period 2014-2020.
Global Accelerator Pedal Module Market 2015-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
The global accelerator pedal module market has experienced several technological changes over the past few years. Due to dynamic consumer preferences, OEMs are pressing for innovations from component manufacturers, and tier 1 manufacturers are increasing their investments in R&D to fulfill their demands. Due to technological advancements, mechanical accelerators has been completely replaced by electronic accelerator pedals.
Earlier accelerator pedal module assembly had metal to rubber bonded pedals, which were heavier. Due to the increasing focus on reducing the greenhouse gas emissions and stricter emission standards, OEMs and component manufacturers are working on reducing the gross vehicle weight. To that end, even component manufacturers are increasing their R&D expenditure on developing components that have a lower weight.
According to the report, owing to the stringent norms, automakers worldwide have to invest more in R&D and develop vehicle models that are fuel efficient and adhere to stringent emission standards. Many governments have made it mandatory for all OEMs to release the data on fuel consumption by engines and to obtain the necessary approvals from the competent authority in their countries.
Further, the report states that there are certain disadvantages associated with them that affect the market growth. Sensor-based accelerators are operated using software and there is a tendency that the software will fail even though several tests have been performed on it.
- Bosch Group
- Hebei Shenhai
- KSR International
- Magna International
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: Market segmentation by technology
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/lgr9d7/global