Market for Automotive Engine Valves is segmented by Technology (Tappet Valves, Spring Return Valves, Desmodromic Valves, Quattrovalvole Valves), Fuel Type (Gasoline and Diesel), Vehicle Type (Passenger Car and Commercial Vehicle), and Region.
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Automotive Engine Valves Market Key Manufacturers Analyzed:
The key players in automotive engine valve market are Continental AG (Germany), Aptiv PLC (U.K.), Denso Corporation (Japan), Eaton Corporation PLC (U.S.), Federal-Mogul Holdings Corp (U.S.), FTE Automotive GmBH (Germany), Hitachi Ltd (Germany), and Knorr-Bremse AG (Germany).
Automotive Engine Valves Market Overview:
Global Automotive Engine Valves Market Projected to Grow at 4% CAGR During the Forecast Period (2017- 2023). The Automotive Engine valve is used to control the flow of fuel mixtures in the cylinder chamber. The engine valve train system is mounted on engine cylinder to control the engine dynamics such as valve timing and firing order.
The players in the market are constantly investing in research and development for engine downsizing, improving technology, and reducing carbon emission. Other factors responsible for the growth of the market are stringent carbon emission norms, adoption of energy efficient technologies such as variable valve lift technology, increase in the growth of aftersales services, higher demand for components, and, an increase in demand for engine valve oils and lubricants. Additionally, the increase in demand for automobile crankshaft system, which is a vital part of valve train system, will boost the demand for automotive valve market.
The factors that are responsible for the growth of automotive engine valves market are demand for high-performance engine and carbon emission norms. The manufacturer’s preference toward energy efficient technology such as engine downsizing is expected to drive the growth of automotive engine valves market during the forecast period. The stringent emission norms will enable the major automotive manufacturer to adopt latest energy efficient technologies such as variable valve lift technology. Additionally, the crankshaft is an important part of valve train system. The increasing demand of automobile crankshaft system will boost the demand for automotive valve market. Other key drivers expected to contribute in the growth of engine valves market are an increase in the growth of aftersales services, higher demand for components, and an increase in demand for engine valve oils and lubricants.
The automotive engine valve market is segmented based on Technology and Fuel Types. On the basis of technology, the market is segmented as Tappet Valves, Spring Return Valves, Desmodromic Valves and Quattrovalvole Valves. Tappet valves are widely used in engine and covers majority of engine valves market. On the basis of Fuel Type, the market is segmented as Gasoline Engine and Diesel Engine. Different types of valve train system are used for gasoline and diesel engine as per their timing cycle.
By region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World (RoW). A significant share of the market is held by the Asia Pacific region owing to the high demand for fuel-efficient commercial cars. India and China can experience a boom in commercial vehicles manufacturing, which in turn, can drive the growth of the market.
Furthermore, factors like rapid industrialization and thriving urbanization have aggravated the issue of pollution in emerging economies such as India and China. Therefore, the need for reduction in carbon emissions by vehicles is also fueling the growth of automotive engine valves market. The North American region will face challenges such as restrained flexibility of supply chain, increased cost of resources, etc.
Table of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Stud
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
List of Table:
TABLE 1 GLOBAL AUTOMOTIVE ENGINE VALVE MARKET: BY REGION, 2017-2023
TABLE 2 NORTH AMERICA AUTOMOTIVE ENGINE VALVE MARKET: BY COUNTRY, 2017-2023
TABLE 3 EUROPE AUTOMOTIVE ENGINE VALVE MARKET: BY COUNTRY, 2017-2023
TABLE 4 ASIA PACIFIC AUTOMOTIVE ENGINE VALVE MARKET: BY COUNTRY, 2017-2023
TABLE 5 ROW AUTOMOTIVE ENGINE VALVE MARKET: BY COUNTRY, 2017-2023
List of Figures:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
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