Automotive Electronic Throttle Market - Forecast (2023 - 2028)

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Automotive Electronic Throttle Market Forecast
(2023 - 2028)
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• The Global market for automotive electronic
  throttle is forecast to reach 134.65 million by
  2025, growing at a CAGR of 4.84 from 2020 to
  2025. The market growth is attributed to the
  benefits of the automotive electronic throttle
  including reduced weight, better control, better
  fuel economy, environment friendly, extra safety
  features and others.
• Moreover, technological advancements accompanied
  by integration of electronics equipment such as
  automatic high-beam control, backup cameras, GPS
  vehicle tracking, vehicle-to-vehicle
  communication, cars-as-a-service in automotive
  vertical for better customer experience is
  further enhancing the market growth.

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• Key Takeaways
• Environmental concerns and government stringent
  rules and regulations related to automobiles is
  provoking the automotive manufacturers for
  development of electric vehicles with advanced
  features thereby deploying  electronic throttle
  and thus enhancing the market growth for
  automotive electronic throttle.
• Requirement of less maintenance accompanied with
  fewer moving parts makes the electronic throttle
  preferable over mechanical throttle and
  consequently enhance the market growth.

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• By Distribution Channel- Segment Analysis
• Automotive electronic throttles is segmented into
  accelerator pedal module, throttle valve,
  powertrain or engine control module (PCM or ECM)
  and others on the basis of control components. 
  Powertrain or engine control module (PCM or ECM)
  held the highest market share of automotive
  electronic throttle in 2019.
• Moreover, it is anticipated to witness the
  significant market growth during the forecast
  period 2020-2025.The market growth is mainly
  attributed to the growing demand for automatic
  transmission across the globe due to its benefits
  including fuel efficiency, reduced carbon
  emission, and driving comfort.

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• Automotive Electronic Throttle Market 
• Magneti Marelli S. p. A.
• Delphi Automotive PLC
• Robert Bosch GmbH
• Continental AG
• Denso Corporation
• Jenvey Dynamics Limited
• Hitachi Automotive Systems Ltd.
• Pacco Industrial Corporation

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Automotive Electronic Throttle Market  Learn
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arket.html
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• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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