Global Automotive Electronic Throttle Body Market is anticipated to reach at US$ XX Mn by 2026 from US$ XXMn in 2019 at a CAGR of XX% during a forecast period. Automotive throttle body is used to control the engine power and speed, which is positioned between the air intake hose and the intake manifold. Earlier mechanical throttle body systemwas used to control the speed and power of vehicle, which is now replaced by electronic throttle body system as it transmits signal via electric impulse reducing wear out of moving parts and maintenance of system. This in turn, is expected to drive the growth of Automotive Electronic Throttle Body Market during the forecast period. The report provides a detailed study of key market dynamics, market segmentation and regional analysis. The market study contains the detailed insights about how the Global Automotive Electronic Throttle Body Market is anticipated to grow during the forecast period.
Global Automotive Electronic Throttle Body Market Dynamics
Growth in Automotive industry istaking place at CAGR of xx%, which is expected to drive the growth of Automotive Electronic Throttle Body Market globally. Theproduction of electric vehicle is expected to grow dueto regulations put forenvironment control and increase in fuel prices, which in return, is expected to drive the growth of Automotive Electronic Throttle Body system during the forecast period. Manufactures are investing in Automotive Electronic Throttle Body system due to factors like less maintenance and wear, which make driving easier. Thus, considering the factors,the governments of developing countries are initiating to opt for Automotive Electronic Throttle Body system to reduce road accidents maintaining safe driving. Theseabove mentioned factors are expected to drive the growth of the Automotive Electronic Throttle Body market during the forecast period. The complex structure of Automotive Electronic Throttle Body can lead to malfunction, which is expected to hamper the Automotive Electronic Throttle Body market during the forecast period.
Global Automotive Electronic Throttle Body Market Segmentation Analysis
Global Automotive Electronic Throttle Body Market Segmentation, by SensorType:
Automotive electronic throttle body market can be classified into contact type sensors and non-contact type sensors. The measurement in the contact type sensor is more accurate as compared to non- contact type sensor. The non-contact type sensors require large area for installation. Where, contact type sensors are placed at the position for, which the readings are required. Also non-contact sensor requires no magnet, reduces wear and is highly reliable.
Global Automotive Electronic Throttle Body Market Segmentation, by VehicleType:
The automotive electronic throttle body market can be divided into commercial vehicles and passenger vehicles. The commercial vehicles are again sub-segmented into light commercial vehicles and heavy commercial vehicles. The production of passenger vehicles is rising globally due to urbanization and expected to hold share of XX% during the forecast period. Mostly,the passenger vehicles have installed electronic throttle body system due to demand for passenger vehicles globally. Thus, passenger vehicles segment is expected to expand at a considerable growth rate during the forecast period. 
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Global Automotive Electronic Throttle Body Market Regional Analysis
Increasing demand for luxury and high speed vehicles in U.S. and Canada, North America is expected to hold largest share of the automotive throttle body market during the forecast period. Asia pacific is expected to share prominent share of electronic throttle body systems followed by Europe due to increasing disposable income of the middle class population with high living standard as well as increasing number of automobile sales. Continuous growing urbanization and economic growth in Latin America, Middle East and Africa are projected to drive the growth of automotive throttle body market during the forecast period.
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Global Automotive Electronic Throttle Body Market by Region:
• North America • Asia pacific • Europe • Middle East and Africa • South America
Global Automotive Electronic Throttle Body Market: Key Players
• Magneti Marelli S. p. A. • Delphi Automotive PLC • Robert Bosch GmbH • Continental AG • Denso Corporation • Jenvey Dynamics Limited • Hitachi Automotive Systems Ltd • Pacco Industrial Corporation • Autoliv Inc. • Bosch Auto Parts • BBK PERFORMANCE • Gentex Corporation • Walbro
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