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Global Automotive Fuel Tank Market 2017-2021

Global Automotive Fuel Tank Market 2017-2021

About Automotive Fuel Tank

A fuel tank refers to a storage tank containing inflammable fluids. The fuel is stored and released in the form of pressurized gas into the engine. The global automotive fuel tank market is categorized according to the type of vehicles. The market is primarily divided into passenger cars (PCs), light commercial vehicles (LCVs), and medium and heavy commercial vehicles (M&HCVs) segments.

Technavio’s analysts forecast the global automotive fuel tank market to grow at a CAGR of 4.04% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive fuel tank market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Automotive Fuel Tank Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Continental
  • TI Automotive
  • Yachiyo Industry
  • Magna International
Other prominent vendors
  • AETHRA GROUP AUTOMOTIVE SYSTEMS
  • Allgaier Werke
  • Boyd Welding
  • Donghee
  • FTS
Market driver
  • Growing demand for ultra-luxury vehicles
  • For a full, detailed list, view our report
Market challenge
  • Increasing preference for car-sharing services in China, India, and Brazil
  • For a full, detailed list, view our report
Market trend
  • Upsizing of fuel tank capacities due to increase in penetration of all-wheel drive vehicles
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive Fuel Tank Market 2017-2021

Technavio recognizes the following companies as the key players in the global automotive fuel tank market: Continental, TI Automotive, Yachiyo Industry and Magna International.

Other Prominent Vendors in the market are: AETHRA GROUP AUTOMOTIVE SYSTEMS, Allgaier Werke, Boyd Welding, Donghee and FTS.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing adoption of plastic fuel tanks to reduce vehicle weight. Fuel tanks were conventionally made of steel. However, there is an increase in the use of plastic fuel tanks in recent times. These tanks use lightweight materials, reduce vehicle weight, and increase fuel efficiency.”

According to the report, one driver in the market is low penetration of cars in emerging countries. In 2015, there were approximately 800 cars for every 1,000 people in the US. In the emerging countries, such as China, the ratio declines to 50 cars for 1,000 people. In India, there are 20 cars for every 1,000 people. In the same year, the automotive industry recorded a growth in emerging countries like China, India, Brazil, South Korea, Indonesia, and parts of eastern Europe.

Further, the report states that one challenge in the market is increasing preference for car-sharing services in China, India, and Brazil. The increasing private car usage costs and cheap car-sharing services (cheaper than taxis) have led to an increase in demand for car sharing in emerging countries such as China, India, and Brazil. Since 2012, there has been a steady growth in the number of car-sharing operators, which has grown from 9 operators in 2012 to 22 operators by mid-2015. In China, a private car is estimated to spend about 93% of its time parked and unused. A car used for car-sharing service has a utilization rate of up to 60%.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://www.technavio.com/report/global-automotive-components-global-automotive-fuel-tank-market-2017-2021

Companies Mentioned

Continental, TI Automotive, Yachiyo Industry, Magna International, AETHRA GROUP AUTOMOTIVE SYSTEMS, Allgaier Werke, Boyd Welding, Donghee and FTS.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Segmentation of global automotive fuel tank market
    • Market size and forecast
      • Table Global automotive fuel tank market 2016-2021 (millions of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Table Global automotive fuel tank market segmentation by type of vehicle 2016 and 2021
    • Table Global automotive fuel tank market segmentation by products 2016 and 2021 (millions of units)
    • Global automotive fuel tank market in passenger cars
      • Table Global automotive fuel tank market in passenger cars 2016-2021 (millions of units)
      • Table Market size and forecast of passenger cars segment in global automotive fuel tank market 2016-2021 (millions of units)
    • Global automotive fuel tank market in LCVs
      • Table Global automotive fuel tank market in LCVs 2016-2021 (millions of units)
      • Table Market size and forecast of LCVs in global automotive fuel tank market 2016-2021 (millions of units)
    • Global automotive fuel tank market in M&HCVs
      • Table Global automotive fuel tank market in M&HCVs 2016-2021 (millions of units)
      • Table Market size and forecast of M&HCVs in global automotive fuel tank market 2016- 2021 (millions of units)
  • Geographical segmentation
    • Global automotive fuel tank market by geography
      • Table Global automotive fuel tank market by geography 2016 and 2021 (% share)
      • Table Global automotive fuel tank market 2016-2021 (millions of units)
    • Automotive fuel tank market in APAC
      • Table Automotive fuel tank market in APAC 2016-2021 (millions of units)
    • Automotive fuel tank market in EMEA
      • Table Automotive fuel tank market in EMEA 2016-2021 (millions of units)
    • Automotive fuel tank market in Americas
      • Table Automotive fuel tank market in Americas 2016-2021 (millions of units)
  • Key leading countries
    • Table Key leading countries
  • Market drivers
    • Low penetration of cars in emerging countries
    • Increasing demand for SUVs and crossovers
    • Growing demand for ultra-luxury vehicles
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Rising sales of electric vehicles
    • Increasing preference for car-sharing services in China, India, and Brazil
    • Growing dependency on public transport
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increasing adoption of plastic fuel tanks to reduce vehicle weight
    • Upsizing of fuel tank capacities due to increase in penetration of all-wheel drive vehicles
    • Lightweighting of cars
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Continental
      • Table Continental: Product portfolio
      • Table Continental: Business segmentation by revenue 2016 (% share)
      • Table Continental: Geographical segmentation by revenue 2016 (% share)
    • TI Automotive
    • Product portfolio
      • Table TI Automotive: Product portfolio
    • Recent developments
      • Table TI Automotive: Recent developments
    • Yachiyo Industry
    • Product portfolio
      • Table Yachiyo Industry: Product portfolio
    • Recent developments
      • Table Yachiyo Industry: Recent developments
    • Magna International
      • Table Magna International: Product segmentation by revenue 2016 (% share)
      • Table Magna International: Geographical segmentation by revenue 2016 (% share)
    • Product portfolio
      • Table Magna International: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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