DUBLIN--(BUSINESS WIRE)--The "Automotive Valves Market by Product, Vehicle, Application, Function, and Region - Gobal Forecast to 2022" report has been added to Research and Markets' offering.
The Global Automotive Valves Market Is Projected to Grow at a CAGR of 4.1% from 2017 to 2022, to Reach USD 32.51 Billion by 2022
The major factors driving the growth of this market include the increased production of vehicles, electrification of vehicles, and the introduction of advanced technologies such as automatic transmission control, start-stop systems, and antilock braking systems (ABS) in passenger cars. Also, the new vehicle emission norms are encouraging the automakers to produce more fuel-efficient vehicles, which in turn is increasing the demand for automotive valves. However, engine downsizing may pose a challenge to the growth of the automotive valves market.
Asia-Pacific is estimated to hold the largest share, by value and volume, of the automotive valves market in 2017. Also, in terms of growth, Asia-Pacific is projected to exhibit a higher CAGR as compared to other regions. Developing economies like China and India are expected to play a major role due to the increasing vehicle production. Also, increasing installation of upgraded technology features such as ABS, automatic transmission, and start-stop systems is likely to add to the demand for supporting valves.
Engine valves (inlet and outlet) account for the largest market share, by volume, in the global automotive valves market, followed by solenoid valve, tire valve, fuel system valve, and others. This ranking is expected to remain the same during the forecast period. A standard car contains approximately 16-20 valves, depending on cylinder configuration and engine design. On the other hand, the global vehicle production is increasing moderately at an annual growth rate of 5%-7%. This addition of new vehicles per year is expected to add more volume to the engine valves market during the forecast period.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Automotive Valves Market, By Region
7 Automotive Valves Market, By Product Type
8 Automotive Valves Market, By Application
9 Automotive Valves Market, By Function Type
10 Automotive Valves Market, By Vehicle Type
11 Automotive Valves Market, By Electric Vehicle Type
12 Competitive Landscape
13 Company Profiles
- Aisin Seiki Co., Ltd.
- Borgwarner Inc.
- Continental AG
- Cummins, Inc
- Delphi Automotive PLC
- Denso Corporation
- Eaton Corporation PLC
- Federal Mogul
- Hitachi, Ltd.
- Johnson Electric Group
- Robert Bosch GmbH
- Valeo S.A.
For more information about this report visit https://www.researchandmarkets.com/research/qk8hfr/automotive_valves