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Automotive Valves Market by Product, Vehicle, Application, Function, and Region - Global Forecast to 2022

Automotive Valves Market by Product, Vehicle, Application, Function, and Region - Global Forecast to 2022

  • July 2017
  • 172 pages
  • ID: 5001222
  • Format: PDF
  • By MarketsandMarkets


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“Stringency of vehicle safety legislations in developed regions, improving socio-economic conditions in developing regions, and growing demand for electric vehicles across the globe to fuel the demand for automotive valves”
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.

“Increasing number of joint ventures and mergers would drive the automotive valves market in Asia-Pacific region”
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 Valve –To remain Predominant over the forecast period”
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.

The study contains insights of various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

• By Company Type: Tier 1 – 42%, Tier 2 – 26%, Others– 32%
• By Designation: C level – 42%, D level – 26%, Others – 32%
• By Region: North America – 38%, Europe – 22%, Asia-Pacific – 30%, Africa – 10%

Major players profiled in the report are:

• Continental AG (Germany)
• Delphi(U.K.)
• Denso (Japan)
• Valeo (France)
• Robert Bosch (Germany)
• Hitachi Ltd. (Japan)
• Aisin Seiki (Japan)
• Eaton(Ireland)
• Borg Warner (US)
• Tenneco (US)
• Federal-Mogul (US)

Research Coverage:
The report segments the automotive valves market and forecasts its size, by volume and value, on the basis of region (Asia-Pacific, Europe, North America, and RoW), Product type ( Engine valve, AC valve, 4 brake valve, thermostat valve, fuel system valve, solenoid valve, exhaust gas recirculation (EGR) valve, tire valve, and water valve), Application type (Engine System, HVAC System, Brake System, Others), vehicle type (passenger cars, LCV, and HCV), and Electric vehicle type (BEV, HEV, and PHEV). The qualitative analysis of advanced features is also provided.

Reasons to Buy the Report:
This report contains various levels of analysis, including industry analysis (industry trends, Porter’s Five Forces, and PEST analysis), supply chain analysis, and company profiles, which together comprise and discuss the basic views on the emerging and high growth segments of the automotive valves market, competitive landscape, high-growth regions and countries, government initiatives, and market dynamics such as drivers, restraints, opportunities, and challenges. The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the global automotive valves market.

The report enables new entrants and smaller firms as well as established firms to understand the market better to help them to acquire a larger market share. Firms purchasing the report could use any one or a combination of the below-mentioned four strategies (market development, product development/innovation, market diversification, and competitive assessment) to strengthen their position in the market.

The report provides insights into the following points:

• Market Penetration: The report offers comprehensive information about the automotive valves markets market offered by the top 12 players in the market.
• Product Development/Innovation: The report provides detailed insights into upcoming technologies, R&D activities, and new product launches in the automotive valves markets market.
• Market Development: The report offers comprehensive information about automotive valves market. The report analyzes the market for automotive valves markets across regions and provides comprehensive information about lucrative emerging markets.
• Market Diversification: The report provides exhaustive information about new products, untapped regional markets, recent developments, and investments in the automotive valves market.

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