Global Accelerator Pedal Module Market 2015 - Forecasts to 2020 - Shift Toward Lightweight Materials

DUBLIN, Dec. 14, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/ktblml/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 fulfil 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.

Key vendors

• Bosch Group
• Comesys
• CTS
• Denso
• Donghee
• Hebei Shenhai
• Hella
• KSR International
• Magna International
• Mikuni
• Shanghai Voboff

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/ktblml/global

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