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Automotive Fuel Tank Market Size, Share Global Analysis Report, 2020–2026
Automotive Fuel Tank Market By Tank Capacity (>70L, 45L–70L, and <45L), By Vehicle Type (Passenger Cars and Commercial Vehicles), By Material Type (Steel, Aluminum, and Plastic), By CNG Tank Type (Type 4, Type 3, Type 2, and Type 1), By Propulsion Type (Hydrogen, NGV, Hybrid, and ICE), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the global automotive fuel tank industry. The report analyzes and declares the historical and current trends analysis of the global automotive fuel tank industry and subsequently recommends the projected trends anticipated to be observed in the global automotive fuel tank market during the upcoming years.
The global automotive fuel tank market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire global automotive fuel tank market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Units) and value (USD Billion) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the global automotive fuel tank industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the global automotive fuel tank industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the global automotive fuel tank market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the global automotive fuel tank industry. The global automotive fuel tank market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the global automotive fuel tank sector. Key strategic developments in the global automotive fuel tank market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global automotive fuel tank market are appropriately highlighted in the report.
The automotive fuel tank is a robust and insulated container used to store the flammable fluids safely. It is an essential component of a vehicle’s propulsion system, which stores the fuel and slowly releases it into an engine for combustion. Some of the key drivers escalating the growth of the global automotive fuel tank market are the considerable increase in the production rate of gasoline vehicles across the different regions along with the phenomenal increase in the demand for vehicles in several countries from the last few decades owing to the rising disposable incomes. Moreover, the rapidly escalating industrialization along with the escalating global trade has propelled the commercial vehicles market, which in turn is offering opportunities for the automotive fuel tank manufacturers to expand their businesses, thereby driving the global automotive fuel tank market. However, the swift emergence of the electric vehicles market is likely to impede the growth of the automotive fuel tank market.
The global automotive fuel tank market research report delivers an acute valuation and taxonomy of the global automotive fuel tank industry by practically splitting the market on the basis of different tank capacities, vehicle types, material types, CNG tank types, propulsion types, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the global automotive fuel tank industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the global automotive fuel tank industry is provided for the leading economies of the world.
The global automotive fuel tank market is segmented based on the tank capacity, vehicle type, material type, CNG tank type, propulsion type, and region. Based on the tank capacity, the global automotive fuel tank market is bifurcated into >70L, 45L–70L, AND <45L. By vehicle type, the industry is categorized into passenger cars and commercial vehicles. On the basis of material type, the global market is segmented into steel, aluminum, and plastic. Based on the type of CNG tank equipped, the industry is classified into type 4, type 3, type 2, and type 1. On the basis of the propulsion type, the sector is divided into hydrogen, NGV, hybrid, and ICE.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 19.5 Billion |
Projected Market Size in 2025 |
USD 26.5 Billion |
CAGR Growth Rate |
10.3% CAGR |
Base Year |
2020 |
Forecast Years |
2020-2026 |
Key Market Players |
Magna International, Yachiyo, Textron, SMA Serbatoi S.p.A., TI Fluid Systems, Fuel Total Systems, Plastic Omnium, Unipres, and YAPP, among others. |
Key Segment |
By Tank Capacity, By Vehicle Type, By Material Type, By CNG Tank Type, By Propulsion Type, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The taxonomy of the global automotive fuel tank market by its scope and segmentation is as follows:
Some of the essential players operating in the global automotive fuel tank market, but not restricted to include
- Magna International
- Yachiyo
- Textron
- SMA Serbatoi S.p.A.
- TI Fluid Systems
- Fuel Total Systems
- Plastic Omnium
- Unipres
- YAPP
- among others.
Tank Capacity Segmentation Analysis
- >70L
- 45L–70L
- <45L
Vehicle Type Segmentation Analysis
- Passenger Cars
- Commercial Vehicles
Material Type Segmentation Analysis
- Steel
- Aluminum
- Plastic
CNG Tank Type Segmentation Analysis
- Type 4
- Type 3
- Type 2
- Type 1
Propulsion Type Segmentation Analysis
- Hydrogen
- NGV
- Hybrid
- ICE
Global Automotive Fuel Tank Market: Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- Magna International
- Yachiyo
- Textron
- SMA Serbatoi S.p.A.
- TI Fluid Systems
- Fuel Total Systems
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