Accelerator Pedal Module Market to Witness Robust Expansion by 2023

New report published by Market Research Report Store (MRRS) which offers insights on the global Accelerator Pedal Module market.

The accelerator-pedal module (APM) is a ready-to-install unit with pedal-travel sensor and idle and full-load stops. A kick-down switch is incorporated when the module is used with automatic gearboxes. Mechanical and electronic components form a single functional unit. An integrated intended fracture point ensures good crash behavior.

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Global Accelerator Pedal Module Market: Forecast by Type / Application / Region

The accelerator-pedal module comprises an accelerator pedal and a potentiometer or a non-contacting Hall sensor as angular-position sensor. This sensor registers the movement and the position of the accelerator pedal. From this information, the engine management calculates the required torque and accordingly addresses the throttle device and the injection system. The accelerator-pedal module can output analog or digital signals.

At present in North America, Japan and Europe, the accelerator pedal module industry is at a more advanced level, the world's most large enterprises are mainly concentrated in these regions. These foreign companies have more developed equipment, strong R & D capability, the technical level is in a leading position. But foreign companies’ manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is a competitive disadvantage, as the Chinese accelerator pedal module enterprises’ technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.

Over the next five years, LPI(LP Information) projects that Accelerator Pedal Module will register a 1.5% CAGR in terms of revenue, reach US$ 2830 million by 2023, from US$ 2600 million in 2017.

Global Accelerator Pedal Module Market: Key Players
KSR
Bosch
Magna
Samvardhana Motherson
Hella
Denso
Comesys
Donghee
CTS
Mikuni
F-Tech
East Bo
Alan
Gaofa
Shenhai
CSIMC
Hwat
Pengcheng Cable

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Related Information:
United States Accelerator Pedal Module Market Research Report 2018
Europe Accelerator Pedal Module Market Research Report 2018
North America Accelerator Pedal Module Market Research Report 2018
Asia-Pacific Accelerator Pedal Module Market Research Report 2018
China Accelerator Pedal Module Market Research Report 2018
EMEA Accelerator Pedal Module Market Research Report 2018
Global Accelerator Pedal Module Market Research Report 2018

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