Automotive Pedal Market

1. Presents a Research Report on Automotive Pedal Market Automotive Pedal Market by Vehicle Type (Passenger Car, LCV, and M&HCV), by Pedal Type (Accelerator Pedal, Brake Pedal, and Clutch Pedal), by Material Type (Steel Pedals, Aluminum Pedals, and Composite Pedals), by Manufacturing Process Type (Stamping, Casting, Injection Molding, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023 sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence

2. Automotive Pedal Market Growth and Forecast Highlights & Drivers The global automotive pedal market is projected to offer an impressive growth opportunity and is likely to reach an estimated value of US$ 2,254.2 million in 2023. • Organic growth in automobile production owing to increasing disposable income and growing urbanization, increasing global automotive fleet size, stringent government regulations regarding reducing carbon emission reductions, such as CAFÉ Standards, and increasing demand of lightweight pedals are some of the major growth drivers of the automotive pedal market. • The automotive industry has been experiencing various technological advancements targeting vehicle performance, passenger safety, and enhancement of fuel efficiency. • Most of the parts in modern vehicles are equipped with electronic components. • Another trend that is impacting market is a growing shift from traditional metal pedals to lightweight pedals in order to reduce the weight of the pedal assembly, which contribute towards overall weight reduction and improvement in fuel economy. • Glass fiber-reinforced polyamides are gaining traction market. • www.stratviewresearch.com 2

3. Market Insights By Vehicle Type • Passenger car is expected to remain the growth engine of the market during the forecast period. • High production of cars across regions, especially SUVs and hatchbacks, increasing demand for lightweight composite pedals, and continuous advancements in the pedal technology are driving the demand for pedals in the passenger car segment. By Material Type • Steel is expected to remain the dominant material type in the market during the forecast period, whereas composite is expected to witness the highest growth in the same period. • Increasing demand for lightweight materials in the automotive industry that can contribute automakers to achieve a greater fuel efficiency or to reduce carbon emissions is driving the demand for composite pedals. By Manufacturing Process Type • Stamping process is expected to remain dominant process type in the automotive pedal market during the forecast period. • The injection molding process is expected to witness a higher growth during the same period. www.stratviewresearch.com 3

4. Market Insights By Region • Asia-Pacific is expected to remain the largest automotive pedal market during the forecast period, driven by high production of vehicles to meet the rising indigenous demand and increasing export. • China, Japan, and India would remain the growth engines of the Asia-Pacific’s automotive pedal market in the foreseen future. www.stratviewresearch.com 4

5. Competitive Insights Development of lightweight and more-efficient pedals and formation of strategic alliances with OEMs and material suppliers are the key strategies adopted by the major players to gain a competitive edge in the market. Key Companies Analysed • Batz, S. Coop. • Bellsonica Corporation • Chiyoda Industries Co., Ltd. • CTS Corporation • F-TECH INC. • KSR International Co • Shanghai Kaizhong Materials Science and Technology Co., Ltd. • Toyoda Iron Works • Yorozu Corporation • ZF Friedrichshafen AG www.stratviewresearch.com 5

6. Research Methodology Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. Stratview Research Internal Knowledgebase Secondary Research Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others Data Analysis (Top Down and Bottom Up Approach) Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) www.stratviewresearch.com 6

7. Report Features This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: Market structure: Overview, industry life cycle analysis, supply chain analysis. • • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors. • www.stratviewresearch.com 7

8. Market Segmentation By Vehicle Type • Passenger Car • Light-Duty Commercial Vehicle • Medium- & Heavy-Duty Commercial Vehicle By Pedal Type • Accelerator Pedal • Brake Pedal • Clutch Pedal By Process Type • Stamping • Casting • Injection Molding • Others www.stratviewresearch.com 8

9. Market Segmentation By Material Type • Steel Pedals • Aluminum Pedals • Composite Pedals By Region • North America (Country Analysis: The USA and Others) • Europe (Country Analysis: Germany, France, the UK, Russia and Rest of Europe) • Asia-Pacific (Country Analysis: China, Japan, India and Rest of Asia-Pacific) • Rest of the World (Country Analysis: Brazil, Argentina and Others) www.stratviewresearch.com 9

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