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Press Release:

Global Accelerator Pedal Module Market to Reach 468 Million Units by 2027, Catalyzed by Strong R&D Capabilities

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Accelerator Pedal Module Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global accelerator pedal module market reached a volume of 390 Million Units in 2021. Looking forward, IMARC Group expects the market to reach 468 Million Units by 2027, exhibiting at a CAGR of 2.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we 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.

 

 
 

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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:

IMARC Group 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:

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are 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:

 

 
 

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  • 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
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 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 and Kuroda Kagaku
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
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:

  • 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?

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting 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
    10.1    Europe
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    North America
        10.2.1    Market Trends
        10.2.2    Market Forecast
    10.3    Asia Pacific
        10.3.1    Market Trends
        10.3.2    Market Forecast
    10.4    Middle East and Africa
        10.4.1    Market Trends
        10.4.2    Market Forecast
    10.5    Latin America
        10.5.1    Market Trends
        10.5.2    Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
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

List of Figures

Figure 1: Global: Accelerator Pedal Module Market: Major Drivers and Challenges
Figure 2: Global: Accelerator Pedal Module Market: Sales Volume (in Million Units), 2016-2021
Figure 3: Global: Accelerator Pedal Module Market: Breakup by Pedal Material (in %), 2021
Figure 4: Global: Accelerator Pedal Module Market: Breakup by Pedal Type (in %), 2021
Figure 5: Global: Accelerator Pedal Module Market: Breakup by Vehicle Type (in %), 2021
Figure 6: Global: Accelerator Pedal Module Market: Breakup by End-User (in %), 2021
Figure 7: Global: Accelerator Pedal Module Market: Breakup by Region (in %), 2021
Figure 8: Global: Accelerator Pedal Module Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 9: Global: Accelerator Pedal Module Industry: SWOT Analysis
Figure 10: Global: Accelerator Pedal Module Industry: Value Chain Analysis
Figure 11: Global: Accelerator Pedal Module Industry: Porter’s Five Forces Analysis
Figure 12: Global: Accelerator Pedal Module (Plastic) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 13: Global: Accelerator Pedal Module (Plastic) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 14: Global: Accelerator Pedal Module (Metal) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 15: Global: Accelerator Pedal Module (Metal) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 16: Global: Accelerator Pedal Module (Floor Mounted) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 17: Global: Accelerator Pedal Module (Floor Mounted) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 18: Global: Accelerator Pedal Module (Suspended) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 19: Global: Accelerator Pedal Module (Suspended) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 20: Global: Accelerator Pedal Module (Passenger Vehicle) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 21: Global: Accelerator Pedal Module (Passenger Vehicle) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 22: Global: Accelerator Pedal Module (Commercial Vehicle) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 23: Global: Accelerator Pedal Module (Commercial Vehicle) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 24: Global: Accelerator Pedal Module (OEM) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 25: Global: Accelerator Pedal Module (OEM) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 26: Global: Accelerator Pedal Module (Aftermarket) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 27: Global: Accelerator Pedal Module (Aftermarket) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 28: Europe: Accelerator Pedal Module Market: Sales Volume (in Million Units), 2016 & 2021
Figure 29: Europe: Accelerator Pedal Module Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 30: North America: Accelerator Pedal Module Market: Sales Volume (in Million Units), 2016 & 2021
Figure 31: North America: Accelerator Pedal Module Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 32: Asia Pacific: Accelerator Pedal Module Market: Sales Volume (in Million Units), 2016 & 2021
Figure 33: Asia Pacific: Accelerator Pedal Module Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 34: Middle East and Africa: Accelerator Pedal Module Market: Sales Volume (in Million Units), 2016 & 2021
Figure 35: Middle East and Africa: Accelerator Pedal Module Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 36: Latin America: Accelerator Pedal Module Market: Sales Volume (in Million Units), 2016 & 2021
Figure 37: Latin America: Accelerator Pedal Module Market Forecast: Sales Volume (in Million Units), 2022-2027

List of Tables

Table 1: Global: Accelerator Pedal Module Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Accelerator Pedal Module Market Forecast: Breakup by Pedal Material (in Million Units), 2022-2027
Table 3: Global: Accelerator Pedal Module Market Forecast: Breakup by Pedal Type (in Million Units), 2022-2027
Table 4: Global: Accelerator Pedal Module Market Forecast: Breakup by Vehicle Type (in Million Units), 2022-2027
Table 5: Global: Accelerator Pedal Module Market Forecast: Breakup by End-User (in Million Units), 2022-2027
Table 6: Global: Accelerator Pedal Module Market Forecast: Breakup by Region (in Million Units), 2022-2027
Table 7: Global: Accelerator Pedal Module Market Structure
Table 8: Global: Accelerator Pedal Module Market: Key Players


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