New York, Sept. 18, 2020 (Globe NEWSWIRE) — Reportlinker.com announces the launch of the report “World wide Automotive Fuel Tank Market place By Automobile Form, By Potential, By Area, Competitors, Forecast & Alternatives, 2025” – https://www.reportlinker.com/p05972091/?utm_supply=GNW
In 2019, the global automotive fuel tank current market stood all around 153 million models and is expected to witness a CAGR of above 13% throughout 2021 – 2025.Increasing vehicle output and imposing regulation on cutting down automobile fat by governments of numerous countries are amongst the key driving aspects of automotive gas tank sector across the world.
In Europe and North The usa, automotive suppliers are obligated by govt rules to appear up with ground breaking types of autos to strengthen fuel efficiency and lessen fuel usage. These components are predicted to push the automotive fuel tank industry by means of 2025.
Global automotive gasoline tank marketplace is segmented into by auto variety and by capability.In phrases of car sort, the sector is more segmented into passenger vehicle, commercial auto and two-wheeler.
Passenger automobile segment held the major marketplace share in 2019 and this craze is predicted to continue more than the system of subsequent 5 years as demand for passenger cars is rising enormously throughout the globe due to rising for every capita profits and increasing have to have for own transportation.
In phrases of gas tank capability, the industry is even further segmented into <15L, 15-45L, 45-70L,>70L. As of 2019, 15-45L section dominated the marketplace, adopted by <15L segment, and this trend is expected to prevail through 2025. In terms of regional analysis, the market can be segmented into Asia-Pacific, North America, Europe, South America and Africa. Asia-Pacific is anticipated to grow at the highest rate during the forecast period due to favorable government initiatives and support, combined with increasing production of vehicles in various countries of the region. In Asia-Pacific, China dominated the global market and the country’s vehicle production is growing at an impressive rate which is further forecast to grow at rapid rate in the coming years as well.
Major players operating in the global automotive fuel tank market include Magna International Inc., Kautex Textron Gmbh & Co. KG, Plastic Omnium Auto Inergy Ltd., Yachiyo Industry Co Ltd, TI Automotive Ltd, among others.
Years considered for this report:
Historical Period: 2015 – 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 – 2025
Objective of the Study:
• To assess the demand-supply scenario of automotive fuel tank, which covers production, demand and supply of automotive fuel tanks, globally.
• To analyse and forecast the market size of automotive fuel tank market.
• To classify and forecast global automotive fuel tank market based on vehicle type, fuel tank capacity and regional distribution.
• To identify drivers and challenges for global automotive fuel tank market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global automotive fuel tank.
• To conduct the pricing analysis for automotive fuel tank.
• To identify and analyze the profile of leading players involved in manufacturing automotive fuel tank.
To perform the study, the analyst conducted primary as well as exhaustive secondary research.Initially, the analyst prepared an exhaustive list of automotive fuel tank players operating globally.
Subsequently, the analyst conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, the analyst could include manufacturers which could not be identified due to the limitations of secondary research. The analyst examined product offerings and regional presence of all major automotive fuel tank suppliers across the globe.
The analyst calculated the market size for global automotive fuel tank by using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, were recorded as well as forecast for the future years. The analyst sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size.
Multiple secondary sources such as directories, company websites, company annual reports, white papers, investor presentations and financial reports were also studied by the analyst.
Key Target Audience:
• Automotive fuel tank manufacturers, suppliers, distributors and other stakeholders
• Associations, organizations, forums and alliances related to automotive fuel tank
• Government bodies such as regulating authorities and policy makers
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as automotive fuel tank manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
In this report, global automotive fuel tank market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Market, By Vehicle Type:
o Passenger Car
o Commercial Vehicle
• Market, By Fuel Tank Capacity:
• Market place, by Area:
o North The us
o South America
Business Profiles: In-depth analysis of the significant corporations current in automotive fuel tank.
With the offered industry information, we presents customizations in accordance to a company’s unique desires. The following customization choices are out there for the report:
• Thorough analysis and profiling of further market gamers (up to 5).
Revenue Margin Assessment
• Revenue margin analysis in case of immediate and indirect revenue channel.
Read through the comprehensive report: https://www.reportlinker.com/p05972091/?utm_source=GNW
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