Automotive Fuel Efficiency Technologies: Powertrain and Body Engineering Technologies for Improved Fuel Economy: Global Market Analysis and Forecasts
Jun 30, 2015, 01:04 ET
NEW YORK, June 30, 2015 /PRNewswire/ -- Increasingly strict global standards to limit CO2 and other greenhouse gases will be the most important factor that drives global automotive manufacturers to improve the fuel efficiency of their vehicles. With rising liquid fuel costs, consumer demand also supports the need for better fuel economy. Reducing vehicle weight allows the maintenance of driving performance with smaller engines, but safety standards must still be maintained. Automotive manufacturers are looking for ways to achieve the fuel savings of hybrid vehicles at a significantly lower cost premium.
Multiple factors are driving manufacturers to produce more efficient vehicles. Global government standards are converging, and there are financial penalties for failing to meet them in some regions. Consumers are demanding better fuel economy from new vehicles, though demand varies depending on the vehicle segment. Meanwhile, global new vehicle production is expected to increase slowly but steadily through 2025, especially in the Asia Pacific region. Although the use of alternative fuels and electric power is expected to continue growing, gasoline is anticipated to remain the leading fuel, with a strong trend toward stop-start vehicles. According to Navigant Research, global light duty vehicle (LDV) sales are expected to grow from 84 million in 2014 to 109 million in 2025.
This Navigant Research report analyzes the emerging global market for technologies that improve fuel economy. The study examines the consumer demand and regulatory background related to features and lightweight materials for increasing fuel efficiency in vehicles. Global market forecasts for LDV sales, segmented by powertrain, region, and number of cylinders, extend through 2025. Additional forecasts by region are provided for the volumes and associated revenue of key fuel efficient systems and materials. The report also examines the approach of the leading vehicle manufacturers, suppliers, and industry players and evaluates how the market for lighter and more efficient vehicle technologies will evolve.
Key Questions Addressed:
What are the market forces driving the need for better fuel economy?
Which technologies are being implemented to make vehicles more fuel efficient?
How different are the six world regions in terms of choice of powertrain?
What is the potential size of the market for lighter materials for light duty vehicles (LDVs)?
How quickly will turbocharging and stop-start systems be implemented?
When will downsized engines become preferred in each world region?
Who needs this report?
Automotive industry suppliers
Read the full report: http://www.reportlinker.com/p02584199-summary/view-report.html
ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - instantly, in one place.
Contact Clare: [email protected]
Intl: +1 339-368-6001
Share this article