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Pedal Travel Sensor Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Pedal Travel Sensor MarketPedal Travel Sensor Market
A pedal travel sensor is an electronic device that is used to measure the position of the accelerator pedal in a vehicle. It is also known as an accelerator pedal position (APP) sensor or throttle position sensor (TPS). The sensor works by detecting the movement of the pedal and converting it into an electrical signal that is sent to the vehicle's electronic control module (ECM). The ECM then uses this signal to control the throttle valve and regulate the amount of air and fuel entering the engine. The pedal travel sensor is a critical component of a vehicle's engine management system, as it helps to ensure that the engine is running efficiently and smoothly.
The global Pedal Travel Sensor market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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North American market for Pedal Travel Sensor is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Pedal Travel Sensor is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Pedal Travel Sensor include Standard, Standard Motor Products, Inc., Mopar, Methode Sensor Technologies, ATE, Bosch, Wabco, Vemo and Nty, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Pedal Travel Sensor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pedal Travel Sensor.
By Type
• Electric Travel Sensor
• Manual Travel Sensor
By Application
• Commercial Vehicles
• Passenger Vehicles
Key Companies
Standard, Standard Motor Products, Inc., Mopar, Methode Sensor Technologies, ATE, Bosch, Wabco, Vemo, Nty, Sidat, DT, Fispa, RMS, Akusan, Metzger
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