Today: October 21, 2016, 11:56 pm

Global accelerator pedal model market: 6% CAGR growth forecast between 2012-50
Global Accelerator Pedal Model Market 2012-2016 - a new market research report on 2014-03-31 00:05:03
The Global Accelerator Pedal Module market is to grow at a CAGR of 6 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in automobile production and sales. The Global Accelerator Pedal Module market has also been witnessing the increasing demand for sensor-based accelerator pedal modules. However, the economic slowdown in Europe could pose a challenge to the growth of this market.

The increasing demand for sensor-based accelerator pedal modules is one of the major trends in the Global Accelerator Pedal Module market. The sensor in the pedal module indicates the position of the accelerator, which further facilitates the integration of various other features such as auto cruise on the vehicle with electronic throttle control. In addition, stringent emissions norms, such as Euro VI norms, tightening of fuel economy standards, and increasing need to improve passenger safety, are expected to propel the demand for sensor-based pedal modules, thus, leading to the growth of the Global Accelerator Pedal Module market.

The demand for automobiles directly influences the demand for pedal modules. The continuously increasing demand for automobiles across the globe, and especially for passenger vehicles, is driving the demand for accelerator pedal modules.

One of the main challenges in the market is the increase in demand uncertainty due to the recent sovereign debt crisis in Europe. This is expected to have a negative impact on the Global Accelerator Pedal Module market.

The key vendors dominating this market space are CTS Corp., Denso Corp. Hella Kgaa Hueck & Co., KSR International Co., Magna International Inc., Mikuni Corp., and Robert Bosch GmbH.

Click for report details: ..

Browse all Automotive and Parts Market Research Reports ..

Browse all Automotive and Parts Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 473 Words
Related Articles
More From Finance
P2P lending platform Monexo partners with IDBI-Trusteeship [..]
For Immediate Release: 2nd September 2016 MUKESH BUBNA, CEO Monexo Fintech Pvt Limited P2P [..]
Day Trade to Win New September Class [..]
Sold Out? New Class Added – On September 6, 2016, is launching a brand new eight-week trading boot camp [..]
FTM (Forget The Market) Reopens 3 Shares [..]
Port Vila, Vanuatu, 28th July 2016 - Investment firm FTM today announced the reopening of three separate share options, projected [..]
Ex-Citibanker Launching Online P2P marketplace in India [..]
A study conducted by World Bank shows that MSMEs in India face an estimated credit gap of INR 20.9 trillion [..]
New Frontier Portfolios Top Morningstar Rankings
New Frontier’s global strategic portfolios topped the Global Balanced Strategic/All-Inclusive category of the latest Morningstar ETF [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.