- The key vendors in the global accelerator pedal module market 2015-2019 are Comesys, Donghee, Hebei Shenhai Electrical Appliance, Mikuni and Shanghai Voboff.
London, 11 September 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global accelerator pedal module market 2015-2020. Even component manufacturers are increasing their R&D expenditure on developing components that have a lower weight. With advances in material development technology, accelerator pedals are being made from polyamide 6, which is lightweight, has higher flexibility, and is lower in costs compared to metals. The global accelerator pedal module market is estimated to grow at a CAGR of 3.27% during the forecast period pf 2014-2020.
Contactless sensor-based accelerator pedal modules will dominate the market. With growing advances in technology, contact-based sensor modules will slowly be replaced by contactless accelerator pedal modules. These contactless sensors are more resistant to vibration and contamination. They also provide more accurate measurements of angular displacement compared with its predecessors.
“Component manufacturers are moving toward development of intelligent accelerator pedal module. This type of pedal has an electric motor that alerts the driver by means of a sensory response about the traffic situation, when it would be appropriate to ease off from the accelerator pedal, or to shift into high gear,” says Faisal Ghaus, Vice President of Technavio Research.
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
