Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Automotive Pedals Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Automotive Pedals Market Grow Between 2024 and 2025?
The size of the automotive pedals market has consistently increased over the recent years. The market size was $2.41 billion in 2024 and is expected to reach $2.5 billion in 2025, growing at a compound annual growth rate (CAGR) of 3.9%.
How Much Will the Automotive Pedals Market Be Worth in 2029?
The Automotive Pedals Global Market is predicted to grow to a size of $2.93 billion in 2029, with a compound annual growth rate (CAGR) of 4.0%.
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Which Automotive Pedals Market Drivers Are Linked to Revenue Growth?
The key drivers in the automotive pedals market are:
• Shift towards electric and autonomous vehicles
• Integration of advanced sensor technologies in automotive pedals
• Focus on lightweight materials and ergonomic design for driver comfort
• Growing interest in customization and aesthetic preferences for automotive pedals
Which Segments Are Expected to Grow in the Automotive Pedals Market?
The automotive pedals market covered in this report is segmented –
1) By Pedal Type: Accelerator, Brake, Clutch
2) By Material: Steel, Aluminum, Magnesium, Plastic, Other Materials
3) By Application: Passenger Cars, Commercial Vehicles
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What Are The Key Trends Impacting Growth In The Global Automotive Pedals Market?
The key trends in the automotive pedals market are:
• The transition to electric and autonomous vehicles is shaping the future of the automotive pedals market.
• The incorporation of advanced sensor technologies into automotive pedals is an emerging trend.
• A focus on lightweight materials and ergonomic design for driver comfort in pedal manufacturing is significant.
• Customization and aesthetic preferences are becoming a more prominent trend in the automotive pedals market.
Who Are the Key Competitors in the Global Automotive Pedals Market?
Major players in the automotive pedals market are:
• Mercedes-Benz Group AG
• Honda Motor Co. Ltd.
• Robert Bosch GmbH
• DENSO Corporation
• ZF Friedrichshafen AG
• Continental AG
• Faurecia SE
• Lear Corporation
• Samvardhana Motherson International Ltd.
• Knorr-Bremse AG
• HL Mando Corporation
• Toyoda Iron Works Co. Ltd.
• Pacific Industrial Co. Ltd.
• F.TECH Inc.
• Yorozu Corporation
• Dura Automotive LLC
• Mikuni Corporation
• CTS Corporation
• Shanghai Kaizhong Materials Science and Technology Co. Ltd.
• Kyung Chang Industrial Co. Ltd.
• Brano Group A.S.
• KSR International Inc.
• BATZ S. COOP. LTDA
• F&P America Mfg. Inc.
• CJ Automotive AB
• Bellsonica Corporation
Where Is the Automotive Pedals Market Growing Fastest Between 2025 and 2029?
Asia-Pacific was the largest region in the automotive pedals market in 2024
