New report published by QY Research which offers insights on the global Carburetors market. The Carburetors market has been experiencing steady growth graph since past years. During the 2017-2025 timeline, the global market for Carburetors is expected to reflect a -0.19% increase in the revenue growth. In 2018 the global Carburetors market was valued at US$ 1,110 Mn and by the end of the assessment year (2025), it is estimated to touch a value more than US$ 1,117 Mn growing at a value CAGR of -0.19% throughout the period of forecast.
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Global Carburetors Market: Market Driver and Restraint
Carburetors market is driven by the increasing of motorcycle production. Carburetor is the device inside an internal combustion engine that provides the area for air and gasoline to mix them together so that the engine runs properly. If there is not enough fuel mixed with the air, the engine "runs lean" and either will not run or potentially damages the engine. If there is too much fuel mixed with the air, the engine "runs rich" and either will not run (it floods), runs very smoky, runs poorly (bogs down, stalls easily), or at the very least wastes fuel.
The market in Asia-Pacific is anticipated to expand at a substantial growth rate during the forecast period. GDP, countries in Asia-Pacific is expanding at a faster growth rate. The demand for these vehicles and presence of rapidly expanding economies such as Southeast Asia and India are anticipated to drive the market in the region.
Global Carburetors Market: Key Takeaways
· The key differentiation strategy is to offer better products, in order to leverage opportunity arising from the rising demand for better product performance
· One of the major challenges for the Carburetors market is the automotive production growth rate declining. With the automotive market is more and more mature, the growth rate of automotive production is slowing down
Global Carburetors Market: Forecast by Type
This segment includes Float-Feed Carburetor and Diaphragm Carburetor. The average selling price for Float-Feed Carburetor is relatively high in global Carburetors market than other segments. Float-Feed Carburetor segment is expected to remain dominant in the global Carburetors market throughout the forecast period with a revenue share of 76% in 2018. Diaphragm Carburetor segment is expected to rank relatively high on the attractiveness index in the global Carburetors market by 2018 end, and it is expected to account for a relatively higher growth rate in the Carburetors market over the forecast period.
Global Carburetors Market: Forecast by Application
Application segment consists of Motorcycle & Powersports, Universal Gasoline Engines, Automotive and Others. Among the market, Carburetors finds application for Motorcycle & Powersports, which was estimated to account for a sales share of 59% within the entire industry segment in 2017.
Global Carburetors Market: Forecast by Region
North America, Europe, China, Japan, India, Southeast Asia and Rest of the World are the seven regions that are included in this report. Japan is the dominant market in the global Carburetors market in terms of value. The Europe Carburetors market was estimated to be valued at US$ 482 Mn in 2017 and is expected to expand at a value CAGR of -0.07% over the forecast period. The India market is expected to expand at a robust rate of 0.68% in terms of revenue over the forecast period due to the steadily increasing production of automotive in this region.
Global Carburetors Market: Key Players
Keihin Group, Mikuni, Zama, Walbro, Ruixing, Fuding Huayi, TK, Zhanjiang Deni, DELL'ORTO, Huayang Industrial, Fuding Youli, Bing Power, Zhejiang Ruili and Kunfu Group are the key vendors included in this report.
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