Market Overview:
The global automotive fuel tank ventilation system market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. The global automotive fuel tank ventilation system market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into mechanical system and electronic system. The electronic system segment is expected to account for a larger share of the global automotive fuel tank ventilation system market during the forecast period owing to its advantages such as low weight, high efficiency and easy installation over mechanical systems.
Product Definition:
Fuel tank ventilation is the process of removing gases from the fuel tank, which includes both vapors and exhaust gas. The gases are removed by a vent or other opening that allows them to escape to the outside environment. This helps keep the fuel tank and its contents clean and free of contaminants. It also prevents pressure build-up inside the tank, which could lead to an explosion.
Mechanical System:
Mechanical system is used to remove the vapor and gases from fuel tank. It consists of a pump, filter, pressure regulator and a ventilator. The mechanical system works on the principle of vacuum filtration through some type of filter media such as diaphragm or membrane. Mechanical systems are most commonly used in automobiles that have an open-ended fuel tank located at the rear end of the vehicle below passenger compartment.
Electronic System:
The global fuel tank ventilation system market size was valued at USD 6.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Increasing demand for fuel efficiency, stringent emission norms, and growing awareness regarding vehicle maintenance are some of the key factors driving growth in this industry.
Electronic Fuel Tank (EFT) ventilation systems have gained popularity owing to their ability to control odor.
Application Insights:
The passenger cars segment accounted for the largest share of over 50.0% in 2017 and is anticipated to maintain its lead over the forecast period. The growing demand for passenger vehicles as a mode of transportation is expected to have a positive impact on industry growth. Ventilation systems are designed according to vehicle requirements, with an emphasis on safety and comfort for passengers. These systems ensure efficient ventilation by providing fresh air into the cabin through exhaust gases recirculation (EGR) system while preventing fumes from entering the cabin through intake system.
Commercial vehicles are projected to expand at the fastest CAGR of XX% from 2018 to 2030 owing to increasing government spending toward infrastructure development along with technological advancements in commercial vehicles that offer advanced safety features along with improved driver experience, which boosts product demand worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30.0% in 2017 owing to increasing sales of passenger cars and light commercial vehicles in countries, such as China, India, Japan, and South Korea. Moreover, rising disposable income levels coupled with consumer preference for high performance automobiles is anticipated to drive demand for automotive fuel tank ventilation system products over the forecast period.
Europe accounted for a significant share in terms of volume as well as revenue owing to stringent regulations by governing bodies like European Union (EU), which has mandated installation of EGR systems on all new vehicles since 2009 along with other emission control devices including catalytic converters since 2015 under EU Directives 2007/66/EC and 2009/106/EC respectively. North America also held a considerable market share due to growing demand from U.S.
Growth Factors:
- Increasing demand for fuel-efficient vehicles
- Stringent emission norms by regulatory authorities
- Rising demand for luxury and premium cars
- Development of advanced technologies in automotive fuel tank ventilation system market
- Growing popularity of electric and hybrid vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Fuel Tank Ventilation System Market Research Report
By Type
Mechanical System, Electronic System
By Application
Passenger Cars, Commercial Vehicles
By Companies
Eaton Corporation, Frankische Industrial Pipes, Tanks, Crown Automotive, Stant Corporation, Shaw Development, Perko, Eaton Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Fuel Tank Ventilation System Market Report Segments:
The global Automotive Fuel Tank Ventilation System market is segmented on the basis of:
Types
Mechanical System, Electronic System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eaton Corporation
- Frankische Industrial Pipes
- Tanks
- Crown Automotive
- Stant Corporation
- Shaw Development
- Perko
- Eaton Corporation
Highlights of The Automotive Fuel Tank Ventilation System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mechanical System
- Electronic System
- By Application:
- Passenger Cars
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Fuel Tank Ventilation System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive fuel tank ventilation system is a component of an automobile that helps to improve air quality inside the vehicle. The system uses a fan to draw in fresh air from outside the vehicle, and then releases it through vents located near the fuel filler neck. This process helps to remove harmful pollutants from the atmosphere, and keeps your car's interior clean.
Some of the key players operating in the automotive fuel tank ventilation system market are Eaton Corporation, Frankische Industrial Pipes, Tanks, Crown Automotive, Stant Corporation, Shaw Development, Perko, Eaton Corporation.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Fuel Tank Ventilation System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Fuel Tank Ventilation System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Fuel Tank Ventilation System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Fuel Tank Ventilation System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Fuel Tank Ventilation System Market Size & Forecast, 2020-2028
4.5.1 Automotive Fuel Tank Ventilation System Market Size and Y-o-Y Growth
4.5.2 Automotive Fuel Tank Ventilation System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Mechanical System
5.2.2 Electronic System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Fuel Tank Ventilation System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Fuel Tank Ventilation System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Mechanical System
9.6.2 Electronic System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Mechanical System
10.6.2 Electronic System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Mechanical System
11.6.2 Electronic System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Mechanical System
12.6.2 Electronic System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Mechanical System
13.6.2 Electronic System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Fuel Tank Ventilation System Market: Competitive Dashboard
14.2 Global Automotive Fuel Tank Ventilation System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eaton Corporation
14.3.2 Frankische Industrial Pipes
14.3.3 Tanks
14.3.4 Crown Automotive
14.3.5 Stant Corporation
14.3.6 Shaw Development
14.3.7 Perko
14.3.8 Eaton Corporation
