市场调查报告书
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全球汽车燃油箱市场:按容量、按材料、按车型、按销售管道、按地区、机会、预测,2017-2031 年Automotive Fuel Tank Market Assessment, By Capacity, By Material, By Vehicle Type, By Sales Channel, By Region, Opportunities and Forecast, 2017-2031F |
全球汽车燃油箱市场规模预计将从2023年的201亿美元成长到2031年的302亿美元,2024-2031年预测期间复合年增长率为5.22%。近年来,市场经历了显着成长,预计未来将保持强劲的扩张速度。
汽车技术正在迅速发展,汽车变得越来越轻,废气也越来越少。从喷油器到油箱系统,每个部件在提高车辆性能方面都发挥着重要作用。使用更轻材料的新型油箱设计正在改变汽车油箱市场。此外,全球汽车需求的不断增长也是汽车油箱生产规模扩大的因素。添加最新的燃油输送技术需要保持适当的燃油压力和精确的燃油输送。全球向永续发展的转变和环保运输方式的创建也正在影响油箱市场。现代汽车是由可以回收和再利用的零件製成的,因此该公司正在用回收材料製造油箱。此外,技术进步和扩大的研究也正在帮助公司为最终用户提供轻鬆、方便和轻型的车辆。
全球市场上混合动力电动车(HEV)的产量和销售量正在迅速成长。混合动力车具有两种推进系统的优点,同时提供切换选项。然而,电动车的日益普及正在积极威胁汽车油箱市场。另一方面,混合动力汽车正在改变行业并重新设计油箱结构。这家汽车巨头正在开发一款强大的混合动力系统,预计将在各个市场推出。
清洁油箱可提高车辆效率,而现代车辆配备的油箱可在受控气氛下提供精确的加油。先进的汽车具有巡航控制选项,允许引擎在不同模式下使用不同数量的燃油。现代智慧汽车配备的油箱配备了感测器,可监控油耗、预期里程和油位。效率也取决于车辆的重量。使用经过洩漏测试的塑胶罐有助于减轻车辆的重量。虽然汽车变得越来越轻,但速度限制却在飙升。因此,製造商根据空气动力学和重量比来设计车辆。
世界各国政府正透过各种手段限制碳排放。这包括推广电动、混合动力和压缩天然气汽车,以及鼓励公司采用先进油箱系统的法规。先进的燃油箱旨在限制燃油蒸气排放、防止洩漏并减少蒸发损失。包括涉及定制车辆设计的长期招标的政府项目也使汽车油箱市场蓬勃发展。此外,随着新公司使用可回收废弃物製成的零件製造汽车,其他推广可回收材料的政府计画正在迅速改变。
本报告研究了全球汽车燃油箱市场,并提供了市场概况,包括容量、材料、车型、销售通路、区域趋势以及参与市场的公司概况。
The global automotive fuel tank market is projected to witness a CAGR of 5.22% during the forecast period 2024-2031, growing from USD 20.1 billion in 2023 to USD 30.2 billion in 2031. The market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years.
Automotive technology is constantly evolving, making vehicles lightweight and emission-free. From fuel injections to fuel tank systems, each component plays an important role in advancing the vehicle's performance. New designs of fuel tanks with the usage of lighter materials are transforming the automotive fuel tank market. Alongside, higher demand for vehicles worldwide is pushing market players to scale up the production of automotive fuel tanks. Adding the latest fuel delivery technology involves maintaining the right fuel pressure and precision fuel supply. The global shift towards sustainability and building eco-friendly transportation methods also impacts the fuel tank market. The modern-age vehicles are built with components that are recyclable and reusable and hence companies are producing fuel tanks made from recycled materials. Furthermore, technological advancements and extended research are also helping companies deliver ease, convenience, and lighter vehicles to the end users.
For instance, in September 2023, BWM GmbH unraveled its moto lineup for 2024. The brand now debuts lighter and more powerful F900GS. The highlight of this lightweight version has been its newly developed 14.5-liter plastic fuel tank that has reduced the overall weight to 4.5 Kgs.
Expansion of Hybrid Electric Vehicles to Transform Fuel Tank Designs
The increasing production and sales of hybrid electric vehicles (HEVs) have spiked in the global market. HEVs deliver the benefits of both propulsion systems while providing an option to switch. However, increased electric vehicle adoption actively threatens the automotive fuel tank market. Hybrid vehicles, on the other side, are transforming industry and redesigning the fuel tank structures. Automotive giants are developing strong hybrid powertrains and are expected to launch them in different markets. For instance, In August 2023, Renault India revealed that it is planning to launch strong hybrids in India soon, impacting the global fuel tank market positively. This is an extension to the string of EVs that are expected to be launched in India between 2024 and 2025 with the launch of electric Kwid.
In December 2022, Toyota Motor Corporation introduced its 2023 Innova Hycross with a 52-liter fuel tank that integrates an electric motor. While the engine creates 172bhp/188Nm, the electric motor powers the vehicle with 11bhp/206Nm.
Besides electric hybrids, CNG vehicles also impact the fuel tank design. Automotive giants are making fuel tanks more compatible.
Higher Demand for Lightweight and Fuel-Efficient Vehicles to Propel Market Growth
A clean fuel tank can scale up the vehicle's efficiency while modern-age vehicles are loaded with fuel tanks that deliver fuel precisely and in a controlled atmosphere. Advanced vehicles have the option of cruise control that allows engines to use different amounts of fuel for different modes. Modern age smart vehicles are equipped with fuel tanks that have sensors to monitor the fuel consumption, estimate mileage, and fuel left. The efficiency also depends upon the weight of the vehicle. The adoption of a leak-tested plastic tank helps the vehicle in reducing weight. The automobiles are getting lighter while their speed limits are skyrocketing. Therefore, manufacturers are designing the vehicles according to aerodynamics and weight proportion.
For instance, in October 2022, DSM and Renault declared to develop lighter fuel tanks specially designed for hybrid vehicles. DSM holds experience in producing high-quality plastic. DSM provides Akulon Fuel Lock with high-performance plastic. Renault is likely to utilize it in the hybrid series. The material also meets European standards.
Government's Stringent Emission Regulations to Improve Tank Design and Structure
Governments around the world are limiting carbon emissions through different measures. Promoting electric, hybrid, and CNG vehicles is one of those measures, along with making regulations to push companies to adopt advanced fuel tank systems. Advanced fuel tanks are structured to limit fuel vapor emissions, prevent leaks, and reduce evaporation losses. Government projects comprising long-term tenders with custom vehicle designing also flourish the automotive fuel tank market. Furthermore, other government projects promoting recyclable materials are converting fast as new companies produce vehicles with components made from recyclable waste.
HDPE With its Higher Flexibility and Lightweight Profile Leads the Material Type Category
Based on material type, the plastic segment leads the market with its high-density polyethylene material. It helps the vehicle reduce its weight while delivering safety and strength to the vehicle. Major vehicle types, including passenger cars, light commercial vehicles, and heavy commercial vehicles, use plastic fuel tanks to improve efficiency and vehicle speed. The demand for new vehicles with lower emission rates and low weight profiles is increasing. Hence, plastic-based fuel tanks are expected to lead the market during the forecast period. Government norms and the promotion of reusable materials have triggered this dynamic. Other segments like aluminum and steel perform well in ICE propulsion technology.
Based on capacity, the 45-70 liter fuel tank performs significantly better than others. The higher consumption of hatchbacks, crossovers, and sedans is one of the major factors behind the growth of the 45-70 liter segment. Most cars produced have a minimum capacity of 45 liters, while they can go up to 60-70 liters in sports utility vehicles (SUVs). However, some SUVs have a fuel capacity of more than 70 liters, and higher demand for these vehicles in Asia-Pacific is expected to flourish the growth for the greater than 70-liter segment as well.
Asia-Pacific Dominates Automotive Fuel Tank Market
Asia-Pacific is expected to hold a significant market share during the forecast period. The exponential growth is due to the increased automotive manufacturing space and higher automotive sales. Emerging economies like China and India support native automotive brands in their research and development. The compliance policies to reduce emissions are also pushing vehicle manufacturers to adopt sustainable fuel tank systems. Governments of China and India are also running tax reduction schemes to promote sustainable hybrid vehicles. In October 2023, Toyota Motor urged the Indian government to slash taxes on hybrid vehicles by 20 percent due to their lower environmental impact.
In January 2024, the Indian Trade Department backed the idea of lowering the tax on hybrid vehicles to push its higher adoption. This is likely to be a big relief for the Japanese automotive brand like Toyota Motor Corporation.
Future Market Scenario (2024 - 2031F)
Higher adoption of hybrid vehicles is projected to transform the propulsion setups while increasing the demand for compatible fuel tanks.
Increased sales of electric vehicles will be an active restraint for the automotive fuel tank market.
Potential markets like China and India are expanding their automotive component manufacturing capacity.
Government energy transition programs are likely to impact the automotive fuel tank market positively with increased adoption of CNG, hydrogen, and other dual propulsion vehicles.
Key Players Landscape and Outlook
Key participants in the automotive fuel tank market focus on design, technology, and efficiency. The key players also look for partnerships, collaborations, and product upgrades. New-age fuel tank systems are coming with effective designs that deliver stability to the vehicle. They are also integrated with sensory technology to monitor fuel percentage and mileage and control the fuel deposit to keep the tank clean. The adoption of Tank Advanced Process Technology (TAPT) can also be seen to produce fuel tanks for major powertrains - diesel, gasoline, etc. The future holds many opportunities for the market as new fuel tank technology is under process.
In June 2023, Kautex (Textron Inc.) utilized an AI solution provided by Monolith to assist its engineers in eliminating the noise generated by fuel sloshing in a tank. Not only did the AI technology eliminate the noise, but it also significantly decreased the prototyping and test costs. The new design is expected to minimize the overall vehicle noise.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.