Press release
Automotive Fuel Tanks Market to Reap Over US$ 40 Bn in Revenues by End of 2025
Request For Report Sample@ https://www.persistencemarketresearch.com/samples/3548
Conventional Fuel to hold a lion’s share of the automotive fuel tanks market
With a value share of about 94%, conventional fuels will remain dominant in the automotive fuel tanks market and unless radical new technologies are developed, it is quite unlikely that alternate fuels should come anywhere close. A market value of about US$ 38 Bn likely to be recorded by 2025 with a CAGR of 7.0% makes conventional fuels extremely important in the medium to long term.
45 to 75 Liters Segment will lose market share to the Above 75 Liters segment
The 45 to 75 Liters fuel tank segment is estimated to account for more than 55% value share by capacity in 2017. However, it is losing popularity to the Above 75 Liters segment as consumers are expressing a preference for carrying larger amounts of fuel. This is particularly true in the commercial sector as a large fuel tank reduces the constant need to refuel the tank over and over again. As road connectivity and infrastructure improves in emerging economies, the Above 75 Liters segment is predicted to become popular.
Greater opportunity for OEMs as opposed to the Aftermarket
The OEM channel is a far more profitable opportunity for key stakeholders in the automotive fuel tanks market as it represents a consistent market share of 91% during the forecast period. The OEM channel is projected to retain its commanding position in the global market and is poised to be worth more than US$ 37 Bn by the end of the forecast period.
Focus on Passenger Cars in the automotive fuel tanks market
Passenger Cars account for a market share of more than 3/4th of the automotive fuel tanks market and it wouldn’t be surprising if companies decide to target this segment over both the LCV and HCV segments. The passenger car segment is on track to be worth over US$ 30 Bn by end 2025 and could grow with a robust CAGR of 7.0% during the eight year study period.
APAC alone accounts for almost half the global automotive fuel tanks market
The APAC region is likely to touch a market share of 50% in the global automotive fuel tanks market in 2017, largely led by the fast-growing economies of China and India. A value of around US$ 20 Bn in 2025 is just the tip of the iceberg of limitless potential that exists for major stakeholders in the APAC automotive fuel tanks market.
Request For Report Table of Content (TOC)@ https://www.persistencemarketresearch.com/methodology/3548
Competition Dashboard
The companies profiled in the report include Kautex Textron GmbH & Co KG, Plastic Omnium SA, WESTPORT FUEL SYSTEMS INC, MAGNA INTERNATIONAL INC, TI Automotive Ltd, YAPP Automotive Parts Co., Ltd., Benteler International AG, Kongsberg Automotive, Toyoda Gosei Co., Ltd., Visteon Corporation, ALLGAIER WERKE GMBH, Donghee Industrial CO. LTD., FTS CO. LTD., FUTABA INDUSTRIAL CO. LTD., Hwashin CO., LTD., Martinrea International Inc., NORTHSIDE INDUSTRIES, SMA SERBATOI SPA, Spectra Premium Inc., and Yachiyo Industry Co., Ltd.
ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
CONTACT:
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Fuel Tanks Market to Reap Over US$ 40 Bn in Revenues by End of 2025 here
News-ID: 1441468 • Views: …
More Releases from Persistence Market Research
Frozen Pastries Market to Reach $3.8 Bn by 2032 Driven by Convenience and Ready- …
The global frozen pastries market is set for consistent expansion over the next decade, driven by the growing demand for convenient, ready-to-bake bakery products and evolving consumer lifestyles. According to market projections, the global frozen pastries market size is likely to be valued at US$ 2.6 billion in 2025 and is estimated to reach US$ 3.8 billion by 2032, growing at a CAGR of 5.7% during the forecast period from…
Cookies Market to Reach US$ 54.4 Bn by 2032 Driven by Rising Demand for Premium …
The global cookies market is witnessing steady growth, with its valuation expected to reach US$ 38.3 billion in 2025. According to projections, the market is set to rise significantly and reach approximately US$ 54.4 billion by 2032, expanding at a compound annual growth rate (CAGR) of 5.1% between 2025 and 2032. This growth trajectory is fueled by evolving consumer lifestyles, increasing demand for convenient and on-the-go snacks, and the rising…
Flaxseeds Market Growth Driven by Health Trends | Valued at US$ 1,284.7 Mn in 20 …
The global flaxseeds market is witnessing substantial expansion, driven by the growing consumer awareness of health benefits associated with flaxseed consumption and its increasing use across diverse industries such as food and beverages, pharmaceuticals, and cosmetics. According to recent industry analysis, the global flaxseeds market size is likely to be valued at US$ 1,284.7 million in 2025, and is projected to reach US$ 2,145.3 million by 2032, expanding at a…
Sterols Market Growth: Valued at $1,268.6 Mn in 2025 to Reach $2,261.7 Mn by 203 …
The global sterols market is on a trajectory of robust expansion, anticipated to reach a valuation of US$1,268.6 million in 2025 and further grow to US$2,261.7 million by 2032, registering a healthy CAGR of 8.6% during the forecast period (2025-2032). Sterols, a group of naturally occurring compounds found in plants and animals, are gaining increasing attention across multiple industries due to their functional and health-promoting benefits. The growing global demand…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
