Press release
Motorcycle Carburetor Market to Witness Robust Expansion by 2023
Motorcycle Carburetor is the device inside an internal combustion engine of motorcycle that provides the area for air and gasoline to mix them together so that the engine runs properly.
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Global Motorcycle Carburetor Market: Forecast by Type / Application / Region
Due to the technology progress, motorcycle carburetor technology is being replaced by electric fuel injection technology. In the future, carburetor will slowly withdraw from the market. While in the last several years, India Motorcycle Carburetor market enjoyed a fast development due to the rapid growth of motorcycle production. In 2016, though the cash crunch, following the demonetising of Rs 500 and Rs 1,000 currency notes, India sales of Motorcycle Carburetor also as high as 27 million units. In the next few years, the market of India Motorcycle Carburetor will keep in a stable growth state.
The classification of Motorcycle Carburetor includes Diaphragm Carburetor and Float-Feed Carburetor, due to the better performance and efficiencies, the Diaphragm Carburetor will witness a much higher growth rate than the Float-Feed Carburetor in the next six years. The market share of Diaphragm Carburetor is expected to reach 31.77% in 2022.
Motorcycle Carburetor market is competitive and fragmented with a small number of large global firm, and many small local companies, the concentration of this market is not high. Meanwhile there are some big players in this market; Keihin from Japan, the number one player in India, enjoys about 12% market share in 2016. In addition, several other leading companies are UCAL Fuel System, Spaco Technologies, Pacco Industrial and Mikuni.
Over the next five years, LPI(LP Information) projects that Motorcycle Carburetor will register a 2.0% CAGR in terms of revenue, reach US$ 140 million by 2023, from US$ 130 million in 2017.
Global Motorcycle Carburetor Market: Key Players
Keihin Group
UCAL Fuel System
Spaco Technologies
Pacco Industrial
Mikuni
Zhejiang Ruixing
Fuding Youli
Walbro
Zhanjiang Deni
Fuding Huayi
Dell’Orto
Kunfu Group
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Related Information:
United States Motorcycle Carburetor Market Research Report 2018
Europe Motorcycle Carburetor Market Research Report 2018
North America Motorcycle Carburetor Market Research Report 2018
Asia-Pacific Motorcycle Carburetor Market Research Report 2018
China Motorcycle Carburetor Market Research Report 2018
EMEA Motorcycle Carburetor Market Research Report 2018
Global Motorcycle Carburetor Market Research Report 2018
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