The global carburetors market is anticipated to grow at a significant CAGR of 1.1% during the forecast period (2022-2028). A carburetor is a vital part that is located in the internal combustion engine. It helps the outside air to mix with the fuel for the efficient working of the engine. The global carburetors market is growing with the rapid growth of the automotive industry. The increasing demand for electronic systems in machinery and automobiles is driving the demand for carburetors globally. The increasing price of gasoline and the growing demand for fuel-efficient vehicles is also boosting the growth of the market. Additionally, the increasing demand for electronic braking systems used in automotive vehicles with advanced features is generating new opportunities for the carburetors market.
The Asia-Pacific region is anticipated to hold the major share in the global carburetors market. The increasing urbanization, as well as high demographic growth in this region, is boosting the market growth. The changing consumer lifestyle in emerging economies, such as China and India are also boosting the growth in this region. The rise in disposable income, as well as high sales and production of vehicles in this region, is further boosting the growth of the Asia-Pacific carburetors market.
Some of the major players in the market include Daytona Parts Co., EDELBROCK, LLC, Kinzo, DRiV Inc. and Ruian Sunshine Carburetor Co., Ltd. among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new launches, to stay competitive in the market.
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Market Coverage
- The market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape – Daytona Parts Co., EDELBROCK, LLC, Kinzo, DRiV Inc., and Ruian Sunshine Carburetor Co., Ltd., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
A full report of Global Carburetors Market is available at: https://orionmarketreports.com/global-carburetors-market/110360/
Global Carburetors Market Report by Segment
By Type
- Diaphragm Carburetor
- Float-Feed Carburetor
- Others
By Application
- Motorcycle & Power Sports
- Universal Gasoline Engines
- Other Automotives
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