The Global Tappet Market accounted for $7.18 billion in 2017 and is expected to reach $10.98 billion by 2026 growing at a CAGR of 4.8% during the forecast period.
Increasing demand from the construction and mining sectors, rising demand for high-performance vehicles and growth in passenger vehicles production are some of the key factors fueling the market growth. However, growing popularity of electric and hybrid vehicles and increasing demand for camless actuation are hindering the growth of the market.
By Type, Roller Tappets segment is expected to drive the growth of the market due the rising trend of engine economizing without compromising the performance of the engine. It improves the performance of the engine by permitting more rapidly as well as smoother opening and closing of the valve. The main advantage of roller tappets to Customers is decreased friction. This leads to significant reduce in cam wear, a smoother running engine, and lesser operating temperatures.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Tappet Market, By Engine Capacity
6 Global Tappet Market, By Type
7 Global Tappet Market, By End-User
8 Global Tappet Market, By Geography
9 Key Developments
10 Company Profiling
- Federal-Mogul Corporation
- Schaeffler Group
- Rane Engine Valve Limited
- Otics Corporation
- SM Motorenteile GmbH
- Eaton Corporation Plc
- SKF Group
- Competition Cams, Inc
- NSK Ltd.
- Jinan Worldwide Auto-Accessory Limited
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