Accelerator Pedal Module Market Report by Pedal Material (Plastic, Metal), Pedal Type (Floor Mounted, Suspended), Vehicle Type (Passenger Vehicle, Commercial Vehicle), End-User (OEM, Aftermarket), and Region 2024-2032

Accelerator Pedal Module Market Report by Pedal Material (Plastic, Metal), Pedal Type (Floor Mounted, Suspended), Vehicle Type (Passenger Vehicle, Commercial Vehicle), End-User (OEM, Aftermarket), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A1274
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Market Overview:

The global accelerator pedal module market size reached 412.9 Million Units in 2023. Looking forward, IMARC Group expects the market to reach 516.6 Million Units by 2032, exhibiting a growth rate (CAGR) of 2.4% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
412.9 Million Units
Market Forecast in 2032
516.6 Million Units
Market Growth Rate 2024-2032 2.4%


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.

Accelerator Pedal Module Market

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.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global accelerator pedal module market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on pedal material, pedal type, vehicle type and end-user.

Breakup by Pedal Material:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • 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:

 

 
 

 

To get more information on the regional analysis of this market, Request Sample

  • 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 Robert Bosch GmbH, Denso Corporation, ZF Friedrichshafen AG, Hella KGaA Hueck & Co., United Automotive Electronic Systems Co. Ltd., F-TECH Inc., Aisan Industry Co. Ltd., Yorozu Corporation, Pacific Industrial Co. Ltd., Mikuni Corporation, Kyung Chang Industrial Co. Ltd., TT Electronics plc, Alfmeier Praezision SE, AIDA-America, Corp., AKITA KOGYO Co. Ltd., Bellsonica Corporation, Chiyoda Corporation, Chiyoda Kogyo Co., Ltd., Hanya Seisakusho Co. Ltd. and Kuroda Kagaku Co. Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units Million Units
Segment Coverage Pedal Material, Pedal Type, Vehicle Type, End-User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Robert Bosch GmbH, Denso Corporation, ZF Friedrichshafen AG, Hella KGaA Hueck & Co., United Automotive Electronic Systems Co. Ltd., F-TECH Inc., Aisan Industry Co. Ltd., Yorozu Corporation, Pacific Industrial Co. Ltd., Mikuni Corporation, Kyung Chang Industrial Co. Ltd., TT Electronics plc, Alfmeier Praezision SE, AIDA-America, Corp., AKITA KOGYO Co. Ltd., Bellsonica Corporation, Chiyoda Corporation, Chiyoda Kogyo Co., Ltd., Hanya Seisakusho Co. Ltd. and Kuroda Kagaku Co. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global accelerator pedal module market reached a volume of 412.9 Million Units in 2023.

We expect the global accelerator pedal module market to exhibit a CAGR of 2.4% during 2024-2032.

The rising demand for lightweight components, such as accelerator pedal modules, to reduce the overall weight of vehicles and increase their operational efficiency is primarily driving the global accelerator pedal module market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for accelerator pedal module.

Based on the pedal material, the global accelerator pedal module market has been segregated into plastic and metal, where plastic currently holds the largest market share.

Based on the vehicle type, the global accelerator pedal module market can be bifurcated into passenger vehicle and commercial vehicle. Currently, passenger vehicle exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific currently dominates the global market.

Some of the major players in the global accelerator pedal module market include Robert Bosch GmbH, Denso Corporation, ZF Friedrichshafen AG, Hella KGaA Hueck & Co., United Automotive Electronic Systems Co. Ltd., F-TECH Inc., Aisan Industry Co. Ltd.,  Yorozu Corporation, Pacific Industrial Co. Ltd., Mikuni Corporation, Kyung Chang Industrial Co. Ltd., TT Electronics plc, Alfmeier Praezision SE, AIDA-America, Corp., AKITA KOGYO Co. Ltd., Bellsonica Corporation, Chiyoda Corporation, Chiyoda Kogyo Co., Ltd., Hanya Seisakusho Co. Ltd., and Kuroda Kagaku Co. Ltd.

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Accelerator Pedal Module Market Report by Pedal Material (Plastic, Metal), Pedal Type (Floor Mounted, Suspended), Vehicle Type (Passenger Vehicle, Commercial Vehicle), End-User (OEM, Aftermarket), and Region 2024-2032
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