Automotive and Transportation

Global Automotive Haptic Accelerator Pedal Market 2016-2020

  • TEC695186
  • 68 Pages
  • September 2016
  • Automotive and Transportation
About the Automotive Haptic Accelerator Pedal Market

Enhancing fuel efficiency will continue to be one the key targets for all automotive OEMs, Tier-I suppliers, automobile owners, and other stakeholders of the automotive industry. Several measures have been initiated by stakeholders to enhance the fuel efficiency parameter. Significant R&D investments have been made for decades in the field of powertrain technologies, fuel technologies, and substantial efforts have been made to enhance engine performance in order to improve fuel efficiency. The same can be achieved by making a few improvements to the driving style and on-road behavior of the driver. Driving style optimization through modifications to travel velocity, gear shifts, and acceleration rates can also lead to significant fuel efficiency. Studies indicate that continuous advisories to drivers on optimum driving techniques can lead to fuel-efficient improvements of up to 60%. This necessitates a system that can continuously monitor and render constructive driving recommendations to the driver.

Technavios analysts forecast the global automotive haptic accelerator pedal market to grow at a CAGR of 23.52% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive haptic accelerator pedal market for 2016-2020. To understand and calculate the automotive haptic accelerator market, the market has been derived from the overall passenger cars market that are equipped with haptic accelerator pedals. The overall passenger car market refers to the OEM production volumes of passenger cars.

The market is divided into the following segments based on geography:
China
Europe
North America
ROW

Technavio's report, Global Automotive Haptic Accelerator Pedal Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Bosch
CTS
Continental

Other prominent vendors
Hella
Jaguar
Mercedes Benz
Nissan

Market driver
Need to curb driver distraction to deal with multiple audio/visual signals from on-board electronics and other gadgets
For a full, detailed list, view our report

Market challenge
Resistance to change and lack of user acceptance
For a full, detailed list, view our report

Market trend
Need for reduced size of resonator actuators used by haptic systems
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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