New York, NY -- (SBWIRE) -- 08/02/2016 -- Automotive Fuel Tank Caps and Locks Market: Overview

The automotive fuel tank caps and locks, also known as gas caps with locks has evolved from simple plug-ins to more sophisticated plastic or metal caps with locks. The main purpose of automotive fuel tank caps and locks are to avoid the contamination of pollutants and rain water with the tank fuel which can lead to clogging of the fuel filters and fuel pumps. They also prevent loss of fuel during rollover and impact situations, thus preventing the occupants from burns or death. The automotive fuel tank caps and locks have vents or valve to remove the pressure which might accumulate in the fuel tank in a controlled manner. The other major uses of automotive fuel caps and locks are prevention of fuel theft and evaporation of harmful fuel vapours which can reduce mileage. The smart automotive fuel caps and locks available have sensors attached to it which sets an alarm whenever anyone tries to damage it. The fuel tank lock system has also improved with auto-lock and keys required only to unlock the cap.

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Automotive Fuel Tank Caps and Locks Market: Drivers and Restraints

The benefits of automotive fuel tank caps and locks over the traditional plug-ins such as robustness and less fuel evaporation are the driving factors for global automotive fuel tank caps and locks market. The stringent rules and regulations to the automobile manufacturers to reduce pollution caused by harmful emissions from automobiles has also fuelled the growth of automotive fuel tank caps and locks market. The growing safety concerns among automobile users can boost the automotive fuel tank caps and locks market.

The major drawback of steel fuel caps is that it gets heated up making it difficult to be removed. There is also a possibility of heat transfer through conduction from the atmosphere to the fuel tank by steel fuel caps causing catastrophic effect, which can lead to the slowdown of global metal fuel caps and locks market.

Automotive Fuel Tank Caps and Locks Market: Segmentation

On the basis of vehicle type, the automotive fuel tank caps and locks market can be segmented as follows:-

Light vehicles (cars, motorcycles)
Heavy vehicles (trucks, buses)

On the basis of product types, the automotive fuel tank caps and locks market can be segmented as follows:-

Vented
Non-vented
Locking
Non-locking
With knobs
With legs

On the basis of lock type, the automotive locking fuel tank caps and locks market can be segmented as follows:-

Sideways lock
Center lock

On the basis of product style, the automotive fuel tank caps and locks market can be segmented as follows:-

Chrome finish push in
Plastic screw
Plastic push and turn
Metal bayonet

On the basis of market, the automotive fuel tank caps and locks market can be segmented as follows:-

Original Equipment Manufacturer (OEM)
Aftermarket

Automotive Fuel Tank Caps and Locks Market: Region Wise Outlook

The global automotive fuel tank caps and locks market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa. Asia Pacific holds the largest market share in the automotive fuel tank caps and locks market. The leading automotive fuel tank caps and locks markets in Asia Pacific are China and India owing to the increased sales of automobiles in the country. Japan also has a significant share in the automotive fuel tank caps and locks market due to the increasing automobile industry. North America holds the second position in automotive fuel tank caps and locks market. Regions such as Latin America, Europe holds a significant market share due to the large number of automobile industry in this region and also the increasing number of automobile users. Middle East and Africa are at nascent stage in the automotive fuel tank caps and locks market and is expected to show a modest CAGR in the forecast period.

Automotive Fuel Tank Caps and locks Market: Key Players

Some of the key players in the global Automotive Fuel Tank Caps and locks market are as follows:

Gates Corporation
Fueloyal Inc
Autocaps Aust Pty Ltd
Tridon Australia
Stant
Gaslock
Hartwig Fuel Cell Repair
Ronis
Velvac Inc.
Newton Equipment Ltd

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

Key points covered in the report

1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)

2) The report covers geographic segmentation

North America
Europe
Asia
RoW

3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020

4) The report provides company profiles of some of the leading companies operating in the market

5) The report also provides porters five forces analysis of the market.-

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