Car Carburetors Market Size was valued at USD 1.8 Billion in 2022. The Car Carburetors market industry is projected to grow from USD 1.87 Billion in 2023 to USD 2.52 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.80% during the forecast period (2023 - 2032). Since lightweight cars are in more demand, so are efficient engines, which are usually powered by carburetors, particularly quadrajet carburetors. These are the key market drivers boosting the expansion of the market.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Market CAGR for car carburetors is being driven by the rising number technological developments. An internal combustion engine powered by gasoline uses a carburetor, also known as a carburettor or carburetter, to mix and regulate the amount of fuel and air that enters the engine. The main metering circuit's Venturi tube serves as the main conduit for adding gasoline to the intake air, while other parts can also be employed in certain situations to supply additional fuel or air.
Additionally, new technology advancements like electric cars, sophisticated batteries, and engine innovations like quadrajet carburetors, along with rising investment in the automotive sector to power the worldwide market, are all contributing to the automobile industry's rapid growth. The need for fuel-efficient engines—carburetors, in particular quadrajet carburetors—has increased due to the trend toward lighter cars. It is expected that this will stimulate the market over the projected term. Many devices are being added by automakers, complicating the design or increasing the weight of the car.
An automobile fuel injection system with electronically controlled fuel induction continuously modifies the fuel flow to the cylinders, enhancing performance. Carburetors, on the other hand, have difficulty detecting the correct air-to-fuel ratio and reacting to variations in fuel temperature and air pressure. The need for bike carburetors is driving the global market due to the growing demand for motorbikes and their expanding production. Because it aids in regulating the motorcycle's engine speed, a carburetor is a crucial component. Because the bike carburetors are not limited by the amount of fuel that comes from the fuel tank, they are able to deliver a thick fuel mixture in the combustion chamber, which helps to fuel the expansion of the market.
For instance, electronic fuel injection (EFI) and other modern fuel delivery systems have been developed and refined to provide precise control over fuel supply, leading to increased engine performance, efficiency, and lower emissions. The demise of carburetors in contemporary vehicles was greatly impacted by this technological breakthrough. Thus, result in driving the Car Carburetors market revenue.
The Car Carburetors Market segmentation, based on type includes Diaphragm Carburetor, and Float-Feed Carburetor. The float-feed carburetor segment dominated the market. Because float-feed carburetors are being used more often to help engines run correctly over their whole operating range. The six main subsystems of a float-type carburetor regulate how much gasoline is released in proportion to the airflow that the engine cylinders receive.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Car Carburetors Market segmentation, based on Application Type, includes Automotive, Motorcycle & Power sports, General Machinery, and Others. The motorcycle & power sports category generated the most income. Motorcycles and powersports saw a swift shift from automotive carburetors to electronic fuel injection systems; nevertheless, because carburetors are less expensive and have better throttle response than early injection setups, most motorcycles still use them.
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Car Carburetors market area will dominate this market. More fuel-efficient engines, which typically use carburetors, are needed due to the growing market for lightweight cars as well as the developing trend of lightweight vehicles.
Further, the major countries studied in the market report are The US, German, France, the UK, Canada, Italy, Spain, India, Australia, South Korea, China, Japan, and Brazil.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Europe Car Carburetors market has the second-largest portion of the market. Because of the expanding trend of lightweight vehicle adoption and the growing need for automobiles that are fuel-efficient. Further, the German Car Carburetors market had the biggest market share, and the UK Car Carburetors market was the European market with the quickest rate of growth.
The Asia-Pacific Car Carburetors Market is anticipated to expand between 2023 and 2032 at the quickest CAGR. This is due to the growing trend toward lighter cars and the increased desire for cars that are fuel-efficient. Moreover, China’s Car Carburetors market had the biggest market share, and the Indian Car Carburetors market was the Asia-Pacific region's fastest-growing market.
Leading market players are putting a lot of money on R&D to expand their product lines, which will help the market for car carburetors remain growing. Additionally, market players are engaging in a range of calculated initiatives to increase their worldwide presence, with important market developments involving the introduction of new products, contracts, M&A transactions, increased investment, and cooperation with other enterprises. To grow and endure in an increasingly cutthroat and dynamic market, Car Carburetors industry must provide reasonably priced goods.
One of the main business strategies employed by manufacturers is to manufacture locally in order to reduce operating expenses in the global Car Carburetors industry to help customers and expand the market segment. In recent years, the Car Carburetors industry has provided some of the biggest benefits to medicine. Major players in the Car Carburetors market, including DENI Carburetor Company, Zhanjiang Deni, Zama Group, Fujian FuDing Jingke, Holley Performance Products, Edelbrock Corporation., and others, are engaging in research and development activities in an effort to boost market demand.
Bowling Green, Kentucky is home to Holley Performance Products, an automotive performance business. By 1896, George and Earl Holley had created it in Bradford, Pennsylvania. A significant manufacturer of carburetors for numerous Detroit-built cars, the company had its headquarters in Michigan. In March 2021, Holley declared that it has signed a formal merger agreement with Empower Ltd (Tkr: EMPW), a special purpose acquisition company. As a result, Holley will be listed as a publicly traded corporation on the NYSE with the new ticker symbol "HLLY."
Edelbrock, LLC produces specialty parts for cars and motorcycles. The company's Southern California R&D Tech Center is situated in Cerritos, CA, and its Memphis area headquarters are in Olive Branch, Mississippi. San Jacinto, California is home to the Edelbrock Sand Cast and Permanent Mold Manufacturing foundries. The Edelbrock Race Center in Mooresville and the Edelbrock Carburetor Division in Sanford are the two locations of Edelbrock in North Carolina. In January 2021, It was stated that the corporation would be moving its headquarters to the Memphis, TN area.
October 2021: Landon Capital Partners, LLC and Nova Capital Management Ltd. purchase Walbro. The Walbro owners are business partners and important market investors who have developed their companies well. Delivering new items and enhancing qualities were the main goals of the acquisition.
December 2022: The American Kart Racing Association and Tillotson Racing have announced their cooperation. Through the agreement, the Tillotson 212RS engine will be able to compete in the 2023 AKRA competition.
February 2023: Tom Tomlinson left his role as Chief Executive Officer. Michelle Gloeckler, a board director, was named the company's interim president and CEO while it searches for a permanent replacement.
| Report Attribute/Metric | Details |
| Market Size2022 | USD 1.8 Billion |
| Market Size 2023 | USD 1.87 Billion |
| Market Size2032 | USD 2.52 Billion |
| Compound Annual Growth Rate (CAGR) | 3.80% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Application Type, and Region |
| Geographies Covered | North America, Europe, AsiaPacific, and the Rest of the World |
| Countries Covered | The US, German, France, UK, Canada, Italy, Spain, India, Australia, South Korea, China, Japan, and Brazil |
| Key Companies Profiled | DENI Carburetor Company, Zhanjiang Deni, Zama Group, Fujian FuDing Jingke, Holley Performance Products, Edelbrock Corporation, Mikuni |
| Key Market Opportunities | · Bicycle carburetors are in high demand worldwide due to rising output. |
| Key Market Dynamics | · Since lightweight cars are in more demand, so are efficient engines, which are usually powered by carburetors, particularly quadrajet carburetors. |
Car Carburetors Market Highlights:
Frequently Asked Questions (FAQ) :
In 2022, the size of the global market for car carburetors was estimated to be USD 1.8 billion.
From 2023 to 2032, the global market is expected to expand at a compound annual growth rate (CAGR) of 3.80%.
North America held the most market share worldwide.
DENI Carburetor Company, Zhanjiang Deni, Zama Group, Fujian FuDing Jingke, Holley Performance Products, and Edelbrock Corporation are the major companies in the market.
In 2022, the market was dominated by the Float-Feed Carburetor category.
In the global market, the motorcycle and power sports segment held the biggest share.
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report
Team Lead - Research With a technical background as bachelor's in mechanical engineering, with mba in operations management , swapnil has 6+ years of experience in market research, consulting and analytics with the tasks of data mining, analysis, and project execution. he is the poc for our clients, for their consulting projects running under the automotive/a&d domain. swapnil has worked on major projects in verticals such as aerospace & defense, automotive and many other domain projects. he has worked on projects for fortune 500 companies' syndicate and consulting projects along with several government projects.
Get in Touch
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
