The report provides rational insights along with historical and forecast data to aid in better understanding of the Global Automotive Fuel Tank Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the Automotive Fuel Tank market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.
The automotive fuel tank market is estimated to be USD 20.5 billion in 2020 and is projected to reach USD 27.4 billion units by 2027, at a CAGR of 4.2%. The key growth drivers for the market are growing vehicle production, increasing demand and growing investments for the development of lightweight vehicles, longer driving range and more fuel efficiency, and increasing use of lightweight fuel tanks in the transportation sector.
The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global Automotive Fuel Tank market are included as given below:
The automotive fuel tank market is dominated by a few global players and comprises several regional players. Some of the key players operating in the market are Plastic Omnium (France), Textron - Kautex (Germany), YAPP (China), TI Fluid Systems (UK), Yachiyo (Japan), Unipres (Japan), Fuel Total Systems (Japan), Magna International (Canada), and SMA Serbatoi S.p.A. (Italy).
The global Automotive Fuel Tank market has been segmented as below:
Automotive fuel tank market, by Tank Capacity
<45L
45L-70L
>70L
Automotive fuel tank market, by Material Type
Aluminum
Plastic
Steel
Automotive SCR tank market, by Region
Asia Oceania
Europe
North America
Rest of the World
Automotive fuel tank market, by Propulsion Type
Hybrid
Hydrogen
ICE
NGV
Automotive fuel tank market, by CNG Tank Type
Type 1
Type 2
Type 3
Type 4
Automotive fuel tank market, by Region
Asia Oceania
Europe
North America
Rest of the World
Reasons to Purchase this Report:
Estimates Automotive Fuel Tank development trends with SWOT analysis
Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players
Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market's expansion
Market dynamics scenario, along with growth opportunities for players in the years to come
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects