Global Carburetor Market Size study & Forecast, by Type (Diaphragm Carburetor, Float-Feed Carburetor, Others), By Application (Motorcycle & Powersports, Universal Gasoline Engines, Automotive Industry, Other Applications) and Regional Analysis, 2023-2030

Global Carburetor Market Size study & Forecast, by Type (Diaphragm Carburetor, Float-Feed Carburetor, Others), By Application (Motorcycle & Powersports, Universal Gasoline Engines, Automotive Industry, Other Applications) and Regional Analysis, 2023-2030

Global Carburetor Market is valued at approximately USD 2701.28 million in 2022 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2023-2030. The automotive carburetor is the component within an internal combustion engine that allows air and petrol to combine properly so that the engine can run. A carburetor is a mechanism that permits the right amount of air and fuel to be mixed for combustion in an internal combustion engine. There are three types of vehicle carburetors: updraft, downdraft, and natural or side draught. The regulatory push for energy-efficient technology along with worldwide initiatives by original equipment manufacturers (OEM) to simplify and lighten automobiles are some of the reasons boosting the market's growth. The worldwide automotive carburetor market is being fueled by the expansion of the automotive sector as well as an increase in manufacturing firms' investments in vehicle carburetors. Additionally, the development of lightweight, high-efficiency carburetors is leveraging the rising trend of downsizing engines to enhance performance and fuel economy. Additionally, the global market is expected to grows with the development in automotive industry.

Rising demand for fuel-efficient cars and vehicles and increasing the number of automobiles on roads are some of the key factors that have been driving the global carburetor market over the period. According to the IEA in 2023 The long-term tendency of bigger vehicles kept developing. Despite supply chain challenges and rising prices, global SUV sales climbed by roughly 3% between 2021 and 2022. SUVs accounted for over 46% of worldwide automobile sales in 2022, while a rising proportion of SUVs were electric, accounting for approximately 16% of total SUV sales in 2022. Over 400 electric car types were available on the global market in 2022, with over 55% of them being SUVs, up from approximately 40% four years previously. Additionally, Stringent emission rules and car requirements all over the world are factors that are predicted to provide profitable prospects for this sector. However, the higher cost of traditional and efficient carburetors systems stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Carburetor Market study includes Asia Pacific, North America, Europe, Latin America, and Middle e East & Africa. Asia Pacific dominated the market in 2022 owing to increasing urbanization, high demographic growth, improvement in the standard of living, and rise in the income level of people are the major factors for the high sales and production of vehicles in this region. North America is expected to grow significantly during the forecast period, owing to the increasing demand for fuel-efficient vehicles as well as the growing trend of lightweight vehicles also as the market for lightweight cars grows, more efficient engines which frequently use carburetor are required. This is expected to propel market development throughout the forecast period.

Major market player included in this report are:
Keihin Corporation
Walbro Corporation
Mikuni India Pvt Ltd.
Zama Group
Ruixing Carburetor Manufacturing Co., Ltd.
Holley Performance Products
Fuding Guoyi Motorcycles Parts CO., Ltd.
Zhanjiang Deni
Fuding Huyai Locomotive Accessories
Huayang Industry Group

Recent Developments in the Market:
In November 2021, Investment company Nova Capital Management Limited, with offices in London and Chicago, announced the acquisition of Walbro Co. Ltd. through a joint investment vehicle with Landon Capital Partners. Walbro, established in Michigan, is a world leader in It the production of fuel and engine management systems for the lawn and garden, recreational vehicle, and ground support industries. It is anticipated to have a major market impact and solidify Walbro's position as the world's top manufacturer of fuel and engine control systems. Walbro can accelerate its expansion objectives, broaden its market reach, and further establish its name in the lawn and garden, recreational vehicle, and ground support industries with more money and resources.

Global Carburetor Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Type, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Diaphragm Carburetor
Float-Feed Carburetor
Others

By Application:
Motorcycle & Powersports
Universal Gasoline Engines
Automotive Industry
Other Applications

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa


Companies Mentioned
Keihin Corporation
Walbro Corporation
Mikuni India Pvt Ltd.
Zama Group
Ruixing Carburetor Manufacturing Co., Ltd.
Holley Performance Products
Fuding Guoyi Motorcycles Parts CO., Ltd.
Zhanjiang Deni
Fuding Huyai Locomotive Accessories
Huayang Industry Group

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