Press release
Automotive Tuner Market 2021 Growth, Survey, Analysis, Share, Company Profiles and Forecast by 2031 | Derive Systems, Cobb Tuning, Alientech SRL, Roo Systems, EFI Live
Automotive Tuner Market
An automotive tuner is a device that is used to modify the performance of a vehicle. It can be used to increase the power, torque, and speed of a car. It can also be used to improve the fuel economy and emissions of a car.
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Key Trends
There are several key trends in automotive tuner technology. One is the increasing use of computer-controlled systems to manage engine performance. This allows for more precise tuning and greater control over the engine's output.
Another trend is the increasing use of aftermarket parts and accessories to improve engine performance. This includes everything from air intake and exhaust systems to engine internals and computer chips.
Finally, there is the trend toward more powerful and sophisticated engine management systems that can provide even more control over the engine's output. These systems can often be found in high-end sports cars and are becoming more common in mainstream vehicles as well.
Key Drivers
There are several key drivers of the automotive tuner market. The first is the increasing popularity of aftermarket automotive modifications. This is especially true among young adults and Gen Y consumers, who are more likely to purchase aftermarket products to customize their vehicles.
The second driver is the increasing availability of aftermarket products. As the automotive industry has become more globalized, there are more companies offering aftermarket products and services. This has made it easier for consumers to find the products they want and has increased competition among suppliers.
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Market Segmentation
The Automotive Tuner market is segmented by component type, vehicle type, fuel type, and region. By component type, the market is classified into hardware and software. By vehicle type, the market is bifurcated into passenger car, LCV, and HCV. By fuel type, the market is bifurcated into gasoline and diesel. By region, the market is segmented into North America, Europe, Asia-Pacific and rest of the world.
Key Players
The key players in the automotive tuning market are Derive Systems, Cobb Tuning, Alientech SRL, Roo Systems, EFI Live, Magic Motorsports, Edge Products, Mountune, Autotuner, and Flashtec SA.
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