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
Market Report I 2024-01-30 I 145 Pages I IMARC Group
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.
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.
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 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:
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:
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.
Key Questions Answered in This Report
1. What was the size of the global accelerator pedal module market in 2023?
2. What is the expected growth rate of the global accelerator pedal module market during 2024-2032?
3. What are the key factors driving the global accelerator pedal module market?
4. What has been the impact of COVID-19 on the global accelerator pedal module market?
5. What is the breakup of the global accelerator pedal module market based on the pedal material?
6. What is the breakup of the global accelerator pedal module market based on the vehicle type?
7. What are the key regions in the global accelerator pedal module market?
8. Who are the key players/companies in the global accelerator pedal module market?
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 Robert Bosch GmbH
15.3.2 Denso Corporation
15.3.3 ZF Friedrichshafen AG
15.3.4 Hella KGaA Hueck & Co
15.3.5 United Automotive Electronic Systems Co. Ltd.
15.3.6 F-TECH Inc.
15.3.7 Aisan Industry Co. Ltd.
15.3.8 Yorozu Corporation
15.3.9 Pacific Industrial Co. Ltd.
15.3.10 Mikuni Corporation
15.3.11 Kyung Chang Industrial Co. Ltd.
15.3.12 TT Electronics plc
15.3.13 Alfmeier Praezision SE
15.3.14 AIDA-America Corp.
15.3.15 AKITA KOGYO Co. Ltd.
15.3.16 Bellsonica Corporation
15.3.17 Chiyoda Corporation
15.3.18 Chiyoda Kogyo Co., Ltd.
15.3.19 Hanya Seisakusho Co. Ltd.
15.3.20 Kuroda Kagaku Co. Ltd.
Figure 1: Global: Accelerator Pedal Module Market: Major Drivers and Challenges
Figure 2: Global: Accelerator Pedal Module Market: Sales Volume (in Million Units), 2018-2023
Figure 3: Global: Accelerator Pedal Module Market: Breakup by Pedal Material (in %), 2023
Figure 4: Global: Accelerator Pedal Module Market: Breakup by Pedal Type (in %), 2023
Figure 5: Global: Accelerator Pedal Module Market: Breakup by Vehicle Type (in %), 2023
Figure 6: Global: Accelerator Pedal Module Market: Breakup by End-User (in %), 2023
Figure 7: Global: Accelerator Pedal Module Market: Breakup by Region (in %), 2023
Figure 8: Global: Accelerator Pedal Module Market Forecast: Sales Volume (in Million Units), 2024-2032
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), 2018 & 2023
Figure 13: Global: Accelerator Pedal Module (Plastic) Market Forecast: Sales Volume (in Million Units), 2024-2032
Figure 14: Global: Accelerator Pedal Module (Metal) Market: Sales Volume (in Million Units), 2018 & 2023
Figure 15: Global: Accelerator Pedal Module (Metal) Market Forecast: Sales Volume (in Million Units), 2024-2032
Figure 16: Global: Accelerator Pedal Module (Floor Mounted) Market: Sales Volume (in Million Units), 2018 & 2023
Figure 17: Global: Accelerator Pedal Module (Floor Mounted) Market Forecast: Sales Volume (in Million Units), 2024-2032
Figure 18: Global: Accelerator Pedal Module (Suspended) Market: Sales Volume (in Million Units), 2018 & 2023
Figure 19: Global: Accelerator Pedal Module (Suspended) Market Forecast: Sales Volume (in Million Units), 2024-2032
Figure 20: Global: Accelerator Pedal Module (Passenger Vehicle) Market: Sales Volume (in Million Units), 2018 & 2023
Figure 21: Global: Accelerator Pedal Module (Passenger Vehicle) Market Forecast: Sales Volume (in Million Units), 2024-2032
Figure 22: Global: Accelerator Pedal Module (Commercial Vehicle) Market: Sales Volume (in Million Units), 2018 & 2023
Figure 23: Global: Accelerator Pedal Module (Commercial Vehicle) Market Forecast: Sales Volume (in Million Units), 2024-2032
Figure 24: Global: Accelerator Pedal Module (OEM) Market: Sales Volume (in Million Units), 2018 & 2023
Figure 25: Global: Accelerator Pedal Module (OEM) Market Forecast: Sales Volume (in Million Units), 2024-2032
Figure 26: Global: Accelerator Pedal Module (Aftermarket) Market: Sales Volume (in Million Units), 2018 & 2023
Figure 27: Global: Accelerator Pedal Module (Aftermarket) Market Forecast: Sales Volume (in Million Units), 2024-2032
Figure 28: Europe: Accelerator Pedal Module Market: Sales Volume (in Million Units), 2018 & 2023
Figure 29: Europe: Accelerator Pedal Module Market Forecast: Sales Volume (in Million Units), 2024-2032
Figure 30: North America: Accelerator Pedal Module Market: Sales Volume (in Million Units), 2018 & 2023
Figure 31: North America: Accelerator Pedal Module Market Forecast: Sales Volume (in Million Units), 2024-2032
Figure 32: Asia Pacific: Accelerator Pedal Module Market: Sales Volume (in Million Units), 2018 & 2023
Figure 33: Asia Pacific: Accelerator Pedal Module Market Forecast: Sales Volume (in Million Units), 2024-2032
Figure 34: Middle East and Africa: Accelerator Pedal Module Market: Sales Volume (in Million Units), 2018 & 2023
Figure 35: Middle East and Africa: Accelerator Pedal Module Market Forecast: Sales Volume (in Million Units), 2024-2032
Figure 36: Latin America: Accelerator Pedal Module Market: Sales Volume (in Million Units), 2018 & 2023
Figure 37: Latin America: Accelerator Pedal Module Market Forecast: Sales Volume (in Million Units), 2024-2032
Table 1: Global: Accelerator Pedal Module Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Accelerator Pedal Module Market Forecast: Breakup by Pedal Material (in Million Units), 2024-2032
Table 3: Global: Accelerator Pedal Module Market Forecast: Breakup by Pedal Type (in Million Units), 2024-2032
Table 4: Global: Accelerator Pedal Module Market Forecast: Breakup by Vehicle Type (in Million Units), 2024-2032
Table 5: Global: Accelerator Pedal Module Market Forecast: Breakup by End-User (in Million Units), 2024-2032
Table 6: Global: Accelerator Pedal Module Market Forecast: Breakup by Region (in Million Units), 2024-2032
Table 7: Global: Accelerator Pedal Module Market Structure
Table 8: Global: Accelerator Pedal Module Market: Key Players
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