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LSH 23.08.02
Global Carburetor Market is valued at approximately USD 2701.28 million in 2022 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2023-2030. The automotive carburetor is the component within an internal combustion engine that allows air and petrol to combine properly so that the engine can run. A carburetor is a mechanism that permits the right amount of air and fuel to be mixed for combustion in an internal combustion engine. There are three types of vehicle carburetors: updraft, downdraft, and natural or side draught. The regulatory push for energy-efficient technology along with worldwide initiatives by original equipment manufacturers (OEM) to simplify and lighten automobiles are some of the reasons boosting the market's growth. The worldwide automotive carburetor market is being fueled by the expansion of the automotive sector as well as an increase in manufacturing firms' investments in vehicle carburetors. Additionally, the development of lightweight, high-efficiency carburetors is leveraging the rising trend of downsizing engines to enhance performance and fuel economy. Additionally, the global market is expected to grows with the development in automotive industry.
Rising demand for fuel-efficient cars and vehicles and increasing the number of automobiles on roads are some of the key factors that have been driving the global carburetor market over the period. According to the IEA in 2023 The long-term tendency of bigger vehicles kept developing. Despite supply chain challenges and rising prices, global SUV sales climbed by roughly 3% between 2021 and 2022. SUVs accounted for over 46% of worldwide automobile sales in 2022, while a rising proportion of SUVs were electric, accounting for approximately 16% of total SUV sales in 2022. Over 400 electric car types were available on the global market in 2022, with over 55% of them being SUVs, up from approximately 40% four years previously. Additionally, Stringent emission rules and car requirements all over the world are factors that are predicted to provide profitable prospects for this sector. However, the higher cost of traditional and efficient carburetors systems stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Carburetor Market study includes Asia Pacific, North America, Europe, Latin America, and Middle e East & Africa. Asia Pacific dominated the market in 2022 owing to increasing urbanization, high demographic growth, improvement in the standard of living, and rise in the income level of people are the major factors for the high sales and production of vehicles in this region. North America is expected to grow significantly during the forecast period, owing to the increasing demand for fuel-efficient vehicles as well as the growing trend of lightweight vehicles also as the market for lightweight cars grows, more efficient engines which frequently use carburetor are required. This is expected to propel market development throughout the forecast period.
Major market player included in this report are:
- Keihin Corporation
- Walbro Corporation
- Mikuni India Pvt Ltd.
- Zama Group
- Ruixing Carburetor Manufacturing Co., Ltd.
- Holley Performance Products
- Fuding Guoyi Motorcycles Parts CO., Ltd.
- Zhanjiang Deni
- Fuding Huyai Locomotive Accessories
- Huayang Industry Group
Recent Developments in the Market:
- In November 2021, Investment company Nova Capital Management Limited, with offices in London and Chicago, announced the acquisition of Walbro Co. Ltd. through a joint investment vehicle with Landon Capital Partners. Walbro, established in Michigan, is a world leader in It the production of fuel and engine management systems for the lawn and garden, recreational vehicle, and ground support industries. It is anticipated to have a major market impact and solidify Walbro's position as the world's top manufacturer of fuel and engine control systems. Walbro can accelerate its expansion objectives, broaden its market reach, and further establish its name in the lawn and garden, recreational vehicle, and ground support industries with more money and resources.
Global Carburetor Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Application, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Type:
- Diaphragm Carburetor
- Float-Feed Carburetor
- Others
By Application:
- Motorcycle & Powersports
- Universal Gasoline Engines
- Automotive Industry
- Other Applications
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Carburetor Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Carburetor Market, by Type, 2020-2030 (USD Million)
- 1.2.3. Carburetor Market, by Application, 2020-2030 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Carburetor Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Carburetor Market Dynamics
- 3.1. Carburetor Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising demand for fuel-efficient cars and vehicles
- 3.1.1.2. Increasing demand for advanced braking system
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of replacement
- 3.1.2.2. Low fuel efficiency
- 3.1.3. Market Opportunities
- 3.1.3.1. Advancements in electronic carburetor
- 3.1.3.2. Requirements for cars
Chapter 4. Global Carburetor Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Carburetor Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Carburetor Market by Type, Performance - Potential Analysis
- 5.3. Global Carburetor Market Estimates & Forecasts by Type 2020-2030 (USD Million)
- 5.4. Carburetor Market, Sub Segment Analysis
- 5.4.1. Diaphragm Carburetor
- 5.4.2. Float-Feed Carburetor
- 5.4.3. Others
Chapter 6. Global Carburetor Market, by Application
- 6.1. Market Snapshot
- 6.2. Global Carburetor Market by Application, Performance - Potential Analysis
- 6.3. Global Carburetor Market Estimates & Forecasts by Application 2020-2030 (USD Million)
- 6.4. Carburetor Market, Sub Segment Analysis
- 6.4.1. Motorcycle & Powersports
- 6.4.2. Universal Gasoline Engines
- 6.4.3. Automotive Industry
- 6.4.4. Other Applications
Chapter 7. Global Carburetor Market, Regional Analysis
- 7.1. Top Leading Countries
- 7.2. Top Emerging Countries
- 7.3. Carburetor Market, Regional Market Snapshot
- 7.4. North America Carburetor Market
- 7.4.1. U.S. Carburetor Market
- 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Carburetor Market
- 7.5. Europe Carburetor Market Snapshot
- 7.5.1. U.K. Carburetor Market
- 7.5.2. Germany Carburetor Market
- 7.5.3. France Carburetor Market
- 7.5.4. Spain Carburetor Market
- 7.5.5. Italy Carburetor Market
- 7.5.6. Rest of Europe Carburetor Market
- 7.6. Asia-Pacific Carburetor Market Snapshot
- 7.6.1. China Carburetor Market
- 7.6.2. India Carburetor Market
- 7.6.3. Japan Carburetor Market
- 7.6.4. Australia Carburetor Market
- 7.6.5. South Korea Carburetor Market
- 7.6.6. Rest of Asia Pacific Carburetor Market
- 7.7. Latin America Carburetor Market Snapshot
- 7.7.1. Brazil Carburetor Market
- 7.7.2. Mexico Carburetor Market
- 7.8. Middle East & Africa Carburetor Market
- 7.8.1. Saudi Arabia Carburetor Market
- 7.8.2. South Africa Carburetor Market
- 7.8.3. Rest of Middle East & Africa Carburetor Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Keihin Corporation
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Recent Developments
- 8.3.2. Walbro Corporation
- 8.3.3. Mikuni India Pvt Ltd.
- 8.3.4. Zama Group
- 8.3.5. Ruixing Carburetor Manufacturing Co., Ltd.
- 8.3.6. Holley Performance Products
- 8.3.7. Fuding Guoyi Motorcycles Parts CO., Ltd.
- 8.3.8. Zhanjiang Deni
- 8.3.9. Fuding Huyai Locomotive Accessories
- 8.3.10. Huayang Industry Group
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption