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Published Date: 2017-09-25Number of Pages: 170

Automotive Valves Market (Product - AT Control Valve, Water Valve, Tire Valve, Exhaust Gas Recirculation Valve, Solenoid Valve, Fuel System Valve, Thermostat Valve, Brake Valve, A/C Valve, and Engine (Inlet and Outlet) Valve; Vehicle - PHEVs, HEVs, BEVs, Heavy Commercial Vehicles, Light Commercial Vehicles, Luxury Passenger Cars, Premium Passenger Cars, Mid-size Passenger Cars, and Compact Passenger Cars; Sales Channel - OEM and Aftermarket; Function - Electric, Pneumatic, Hydraulic, and Mechanical and Pilot-operated) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022

Global Automotive Valves Market: Snapshot

The global automotive valves market is anticipated to be pampered by the soaring demand for automobiles underlining the significance of the valves in evaluating their performance. Automobiles equipped with ecofriendly and advanced engines being highly demanded are envisioned to subsequently benefit the growth of the market. Owing to the inclination of consumers toward electric automobiles, solenoid valves could welcome a growing demand in the market.

The electrification of automobiles, introduction of sophisticated technology, and increased manufacturing are projected to be crucial factors important for the growth of the market. New government regulations enforced on automobile manufacturers for safeguarding the environment could augment the demand for automotive valves with the production of efficient and environment-friendly automobiles.

The global automotive valves market is envisaged to parade a valuation of US$34.2 bn by the end of 2022 at a CAGR of 4.9% between 2017 and 2022. In 2017, the market was valued at a US$27.0 bn.
 

automotive valves market

Engine Valve Flaunts Staggering Revenue Beating other Products

The world automotive valves market is foreseen to be classified according to four categories, viz. product, vehicle, sales channel, and function. As per the product classification, the market could be segregated into AT control valve, water valve, tire valve, exhaust gas recirculation valve, solenoid valve, fuel system valve, thermostat valve, brake valve, air conditioning (A/C) valve, and engine (inlet and outlet) valve. Amongst these, engine (inlet and outlet) valve could rake in a higher share in the market while growing at a 5.2% CAGR.

The segmentation of the world automotive valves market by vehicle could include plug-in hybrid electric vehicles (PHEVs), hybrid electric vehicles (HEVs), battery electric vehicles (BEVs), heavy commercial vehicles (HCVs), light commercial vehicles (LCVs), luxury passenger cars, premium passenger cars, mid-size passenger cars, and compact passenger cars.

By sales channel, the world automotive valves market is foretold to be segmented into original equipment manufacturer (OEM) and aftermarket.

On the basis of function, electric, pneumatic, hydraulic, and mechanical and pilot-operated could be key segments of the world automotive valves market.

APEJ Continues to Record Overpowering Growth at Decent CAGR

In terms of regional segmentation, the international automotive valves market is prophesized to be cataloged into the Middle East and Africa (MEA), North America, Asia Pacific except Japan (APEJ), Latin America, and Europe. Japan could be another market for automotive valves, according to the report, but with a comparatively humbler growth than prime regions such as APEJ and North America.

APEJ is prognosticated to boast of a stronger revenue growth throughout the forecast timeframe. By the concluding forecast year, the regional market could stockpile a US$12.6 bn at an impressive CAGR. Expanding at a slightly higher CAGR than APEJ’s, North America is predicted to collect an over half of the revenue expected to be garnered by the emerging region by 2022 end.

Some of the competent companies exploring the worldwide automotive valves market could be Continental AG, Delphi Automotive, Hitachi Ltd., Denso Corporation, Federal-Mogul LLC, Eaton, FTE Automotive, MAHLE GmbH, FUJI OOZX, Inc., and Knorr Bremse AG.

Global Automotive Valves Market: Overview

The global automotive valves market is envisioned to gain largely from extensive research and development conducted by auto manufacturers and original equipment manufacturers (OEMs) to improve fuel economies and reduce fuel emission levels. The mounting regulatory and economic pressure is compelling OEMs to develop novel components that could produce bettered results compared to those offered by current components. The demand for high temperature resistance and high strength automotive valves is expected to surge in future with the downsizing of automotive engines enhanced with high power requirements.

Buyers of the report offered herewith could be equipped with a dependable tool to analyze the crucial areas of the global automotive valves market and gain a complete understanding of its future situations. The analysts provide critical information about vital factors such as market size, future projections, trends and opportunities, competition, and growth drivers and restraints.

Global Automotive Valves Market: Dynamics

The world automotive valves market is envisaged to be boosted by the rapid rise in automobile sales across major regions. Countries such as India and China are witnessing a surge in the growth of automobile sales and production warranting a positive impact on the progress of the market. Heavy penalties imposed by authorities such as Corporate Average Fuel Economy (CAFE) and Environmental Protection Agency (EPA) upon failure to adhere to emission standards could bode well for the market. New automotive valve technologies, as a result, could receive investments directed by automakers. The market for supportable automotive valves is projected to be advantaged in the coming years due to the increasing upgrade of automobiles and incessant rise in automobile demand.

Global Automotive Valves Market: Segmentation

The international automotive valves market is prophesied to see a product segmentation into AT control valve, water valve, tire valve, exhaust gas recirculation valve, solenoid valve, fuel system valve, thermostat valve, brake valve, air conditioning (A/C) valve, and engine (inlet and outlet) valve. By 2022, engine (inlet and outlet) valve could achieve a larger revenue of US$6.1 bn.

By vehicle, plug-in hybrid electric vehicles (PHEVs), hybrid electric vehicles (HEVs), battery electric vehicles (BEVs), heavy commercial vehicles (HCVs), light commercial vehicles (LCVs), luxury passenger cars, premium passenger cars, mid-size passenger cars, and compact passenger cars are anticipated to divide the international automotive valves market.

By sales channel, OEM and aftermarket could be the two chief segments for the international automotive valves market.

By function, the international automotive valves market is predicted to be segregated into electric, pneumatic, hydraulic, and mechanical and pilot-operated.

By geography, Japan, the Middle East and Africa (MEA), North America, Asia Pacific except Japan (APEJ), Latin America, and Europe could be key segments of the international automotive valves market.

Global Automotive Valves Market: Competition

The analysts authoring the report on the worldwide automotive valves market study some of the vital industry players. Readers could gain important knowledge about companies such as Continental AG, Delphi Automotive, Hitachi Ltd., Denso Corporation, Federal-Mogul LLC, Eaton, FTE Automotive, MAHLE GmbH, FUJI OOZX, Inc., and Knorr Bremse AG.


 
 
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