The carburetor plays a vital role in the automobile industry by providing a good mixture of fuel and air to vehicles. Automobile carburetor helps to maintain vehicle fuel economy, power, and emission levels. The carburetor is a crucial element in combustion engines. A growing concern of fuel economy and vehicle emission ratios has propelled the demand for modern fuel injections systems, driving the need for modern carburetors in the automotive industry. The fuel is supplied at adequate pressure through an automobile carburetor which improves fuel mixing with the air. The carburetor supports the engine system by offering better fuel flow, faster throttle response, and equal fuel distribution. Increasing production of automobiles is favoring the growth of the automobile carburetor market in the forecast period.
MARKET SCOPE
The "Global Automobile Carburetor Market Analysis to 2028"? is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the automobile carburetor market with detailed market segmentation by fuel type, technology, vehicle type, and geography. The report provides key statistics on the market status of the leading Automobile carburetor market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the market is segmented as float carburetor and diaphragm carburetor.
- On the basis of the Barrel Type, the market is segmented as 2 barrels, and 4 barrels.
- Based on Application, the market is classified as Passenger Cars, Commercial Vehicles, and Others (Racing Cars, Motorcycles).
MARKET DYNAMICS
Drivers:
- The growing demand for fuel-efficient passenger vehicles across the globe boost the adoption of injector nozzle.
- Stringent emission regulations set by governments is driving significant demand worldwide.
Restraints:
- Increasing demand for electric vehicles limits the market growth across the globe.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Automobile carburetor market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Automobile carburetor market in these regions
IMPACT OF COVID-19 ON AUTOMOBILE CARBURETOR MARKET
The outbreak of the COVID-19 has severely impacted the automotive industries as the majority of the manufacturing plants were operating with a limited workforce and experienced lower sales in the year 2020. The component manufacturers observed significant tremors in 2020, indicating a decline in automotive manufacturing. The lowering sales in almost every country due to heavy impact of nations economy declined the market growth. Despite the COVID - 19 electric vehicles managed to increase its overall sales ratio, impacting the sale of fossil fuel-based vehicles. At the beginning of 2021, things started to normalize and positively supported the automotive industry. Also, as per industry experts, the demand for mobility is expected to rise in the next few years.
MARKET PLAYERS
The report covers key developments in the Automobile carburetor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Automobile carburetor market are anticipated to lucrative growth opportunities in the future with the rising demand for Automobile carburetor in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Automobile carburetor market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Dellorto S.p.a.
- EControls
- EDELBROCK, LLC.
- HOLLEY PERFORMANCE PRODUCTS, INC
- KEIHIN FIE
- KUNFU GROUP
- Mikuni American Corp.
- Ruixing Carburetor Manufacturing Co., Ltd.
- YOUALL Industry and Trade ,Inc.
- Zama