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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
EVs (Electric vehicles) are particularly environmentally friendly because they consume little to no fossil fuels, have fewer moving components that need to be maintained, and have minimal operating expenses (petrol or diesel).
While some electric cars (EVs) employed lead acid or nickel metal hydride batteries, lithium-ion batteries are now thought to be the industry standard for battery electric vehicles due to their longer lifespan, excellent energy retention, and self-discharge rate of only 5% per month.
Although attempts have been made to increase the safety of these batteries, there are still issues with them due to the possibility of thermal runaway, which has, for instance, led to fires or explosions in the Tesla Model S.
With the e-Pedal, the driver can only use the accelerator pedal to start, accelerate or decelerate, and stop the car. One pedal makes it easier and more convenient to do actions like gauging the distance between the automobile in front, slowing down and stopping when traveling downhill, and stopping at traffic lights.
The Global EV pedal system plastics market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
In close collaboration with the LANXESS High-Performance Materials (HPM) business unit, BOGE Elastmetall GmbH, a global provider of vibration technology and plastics applications for the automotive industry, has created the first all-plastic brake pedal EV pedal system plastics intended for use in electric vehicles (EV).
The thermoplastic composite design of the plastic pedal is responsible for its great mechanical strength and lightweight. A Tepex Dynalite insert, a LANXESS continuous-fiber reinforced thermoplastic composite, and a number of tapes make up its structure.
Lightweight design at HPM's Tepex Automotive Group, "The composite structure makes the brake pedal 50% lighter than a comparable steel design. "The structural component meets the demanding load requirements thanks to the tailored fiber-layer construction of the Tepex insert and additional local tape reinforcement.
The geometrically challenging safety-critical component can be produced effectively and in a form that is suited for mass production thanks to extensive automation,"
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |