CAGR of 3.27% Accelerator Pedal Module Market Growing Globally by 2020: MarketResearchReports.Biz

Global Accelerator Pedal Module Market 2015-2020, has been prepared based on an in-depth market analysis with inputs from industry experts.

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Albany, NY -- (SBWire) -- 09/29/2015 --Accelerator pedals are a component of accelerators that control the supply of fuel into the combustion chamber. Earlier versions of pedals were made of metals that were highly prone to corrosion. They would be covered with rubber pads to enhance grip. 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.

The Global Accelerator Pedal Module Market to grow at a CAGR of 3.27% over the period 2014-2020.

Covered in this report
Technavio's report, 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.

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Key vendors:
Bosch Group
Comesys
CTS
Denso
Donghee
Hebei Shenhai
Hella
KSR International
Magna International
Mikuni
Shanghai Voboff

Market driver:
Increasing use of sensor-based accelerators
For a full, detailed list, view our report

Market challenge:
Functional issues
For a full, detailed list, view our report

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Market trend:
Shift toward lightweight materials
For a full, detailed list, view our report

Key questions answered in this report:
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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