Automotive Engine Valve Market Forecasts to 2028 – Global Analysis By Product (Mono Metallic Valves, Bimetallic Valves), Technology (Spring Return Valves, Tappet Valves), Application (Two wheeler, Four wheeler)and By Geography
According to Stratistics MRC, the Global Automotive Engine Valve Market is accounted for $29.99 million in 2020 and is expected to reach $48.17 million by 2028 growing at a CAGR of 6.1% during the forecast period. Increasing electrification of vehicles to uplift the demand for automotive valves and growth of automotive valves on the backdrop of production are driving the market growth. However, increasing the adoption of engine downsizing by OEMs may hamper the market growth.
Automotive valves are electromechanical or mechanical devices, and these devices are used to control the flow of gas, liquid, slurry. The responsiveness and performance of different systems of the vehicle directly depend on the automotive valves.
Based on the vehicle type, the electric vehicle segment is going to have lucrative growth during the forecast period due to the increasing government support for green vehicles is increasing the demand for automotive machineries such as valves and actuators.
By geography, Asia Pacific is going to have high growth during the forecast period due to the increasing installation of advanced technology features such as automatic transmission, Anti-lock braking system (ABS), and start-stop systems are expected to increase the demand for supporting valves.
Some of the key players profiled in the Automotive Engine Valve include Continental, Delphi Automotive, Eaton, Federal-Mogul Holdings, FTE automotive, Fuji Oozx, Hitachi, Knorr-Bremse, Mahle Group, ShengChi, Tongcheng, Tyen Machinery, Wode Valve, Xin Yue, and Yangzhou Guanghui.
Estimated Market Size in 2020:
USD 29.99 million
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 48.17 million
Tables, Graphs & Figures
|Fuel Type, Component, Engine Type, Vehicle Type, Material Type, Product, Technology, Application, Sales Channel and Region|
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
Fuel Types Covered:
• Diesel Engine
• Gasoline Engine
• Cooling Fan
• Cooling Fan Belt
• Cooling Fan Control Module
• Cooling Fan Module
• Engine Cooling Module
• Radiator Hose
• Water Pump
Engine Types Covered:
• L4 (Inline-Four Cylinder)
• L6 (inline-Six Engine)
• V6 (Six-Cylinder Piston Engine)
• V8 (Eight-Cylinder V Configuration Engine)
Vehicle Types Covered:
• Passenger Vehicle
• Commercial Vehicle
• Electric Vehicle
Material Types Covered:
• Nickel Alloy
• Mono Metallic Valves
• Bimetallic Valves
• Hollow Valves
• Desmodromic Valves
• Quattrovalvole Valves
• Spring Return Valves
• Tappet Valves
• Two wheeler
• Four wheeler
Sales Channels Covered:
• Original Equipment Manufacturers (OEMs)
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Automotive Engine Valve Market is majorly driven increasing penetration of advance steel alloys for engine valves, and stringent regulations to control emissions.
The passenger vehicle segment is growing at a highest CAGR due to the increasing adoption of SUVs and increasing availability of inexpensive, compact, and mini SUVs.
Asia Pacific dominated with a significant market share due to the increase in disposable income and improvements in the standard of living.
North America market is growing at a highest CAGR due to the rising adoption of SUVs and the growing demand for high-performance vehicles.
Key players in Automotive Engine Valve Market include Continental, Delphi Automotive, Eaton, Federal-Mogul Holdings, FTE automotive, Fuji Oozx, Hitachi, Knorr-Bremse, Mahle Group, ShengChi, Tongcheng, Tyen Machinery, Wode Valve, Xin Yue, and Yangzhou Guanghui.
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