Accelerator Pedal Module Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Accelerator Pedal Module Market Size
The global Accelerator Pedal Module revenue was US$ 2673 million in 2022 and is forecast to a readjusted size of US$ 3367.9 million by 2029 with a CAGR of 3.3% during the forecast period (2023-2029).

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.

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.

In India, the Accelerator Pedal Module revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).

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The major players in global Accelerator Pedal Module market include KSR, Bosch, etc.

The top 2 players occupy about 20% shares of the global market. Europe is the main market, and occupies about 35% of the global market. Floor Mounted Pedal is the main type, with a share about 70%. Passenger Vehicle is the main application, which holds a share about 70%.

This report focuses on global and India Accelerator Pedal Module market, also covers the segmentation data of other regions in regional level and county level.

India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Accelerator Pedal Module will continue to grow rapidly in the future.

Global Accelerator Pedal Module Scope and Market Size

Accelerator Pedal Module market is segmented in regional and country, by players, by type and by application. Companies, stakeholders, and other participants in the global Accelerator Pedal Module market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by type and by application for the period 2018-2029.

For India market, this report focuses on the Accelerator Pedal Module market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.

By Type
• Floor Mounted Pedal
• Suspended Pedal
• Other (Manual Pedal)

By Application
• Passenger Vehicle
• Bus
• Truck

Key Companies
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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