Automotive Valves Market Dynamics 2021-2031
The Automotive Valves Market is expected to register a CAGR of 3.2% during 2023–2031. The rise in focus towards improving the efficiency of automobiles for enhanced performance is likely to remain a key trend in the market.
Automotive Valves Market Analysis
- The primary factors of the automotive valves market drivers are the increasing market traction for high-performance vehicles to accelerate the market's growth, Rising Vehicle Production As the global automotive industry continues to expand, this demand is associated with the rising production of vehicles.
- Factors such as Fuel-Efficient Vehicles, solenoid valves and electric vehicles and Lightweight Materials. growing adoption of hybrid electric vehicles (HEVs) are the opportunity for the automotive valves market.
Automotive Valves Market Overview
- The automotive valve is a highly used component in fuel-efficient engines. It is becoming increasingly popular to reduce the size of the engine without changing its performance. Strict government regulations on environmental safety have encouraged manufacturers to produce fuel-efficient and environmentally friendly vehicles, which in turn has led to the increasing use of automotive valves.
- The Asia-Pacific is dominating the automotive valves market in terms of revenue during the forecast period. Europe is also observing significant growth in terms. North American engine valves market is expected to grow due to the presence of established automotive industries and high demand for advanced engine technologies.
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Automotive Valves Market: Strategic Insights
Automotive Valves Market
-
CAGR (2024 - 2031)
3.2%
-
Market Size 2023
US$ XX Million
-
Market Size 2031
US$ XX Million
Market Dynamics
GROWTH DRIVERS
- The Growth of the Automotive Industry Across the Globe
FUTURE TRENDS
- Technological Advancement and the Utilization of Advanced Material in the Production of Automotive Valves
OPPORTUNITIES
- The rise in focus towards improving the efficiency of automobiles for enhanced performance
Key Players
- Delphi Automotive PLC
- Denso Corporation
- Hitachi Ltd
- Federal Mogul Holdings Corp
- FTE Automotive GmbH
- Eaton Corporation Plc
- Knorr Bremse AG
- Mahle Group
- FUJI OOZX Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Product
- EGR Valve
- Brake Combination Valve
- AT Control Valve
- Engine Valve
Function
- Mechanical
- Electric
- Hydraulic
- Pneumatic
Application
- HVAC System
- Engine System
- Brake System
Vehicle Type
- Passenger Cars
- HCV
- LCV
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Automotive Valves Market: Strategic Insights
-
CAGR (2024 - 2031)3.2% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Market Dynamics
- The Growth of the Automotive Industry Across the Globe
- Technological Advancement and the Utilization of Advanced Material in the Production of Automotive Valves
- The rise in focus towards improving the efficiency of automobiles for enhanced performance
Key Players
- Delphi Automotive PLC
- Denso Corporation
- Hitachi Ltd
- Federal Mogul Holdings Corp
- FTE Automotive GmbH
- Eaton Corporation Plc
- Knorr Bremse AG
- Mahle Group
- FUJI OOZX Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- EGR Valve
- Brake Combination Valve
- AT Control Valve
- Engine Valve
- Mechanical
- Electric
- Hydraulic
- Pneumatic
- HVAC System
- Engine System
- Brake System
- Passenger Cars
- HCV
- LCV
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Automotive Valves Market Drivers and Opportunities
The Growth of the Automotive Industry Across the Globe to Favor the Market
- The automotive industry is experiencing steady growth worldwide with increasing vehicle production and sales. As the number of vehicles on the road continues to increase, there is a greater need for emissions testing and compliance. Automotive valves are essential tools for automobile manufacturers, service centers and regulators to ensure vehicles meet required manufacturing standards, driving demand for these components.
- As countries around the world pushed towards the rise in adoption of hybrid EVs for reducing carbon emissions and promote sustainability, production and sales of hybrid electric vehicles experienced significant growth. This expansion of the hybrid electric vehicle market created a need for advanced automotive valves.
Technological Advancement and the Utilization of Advanced Material in the Production of Automotive Valves
- The market offers opportunities for the development of lighter and higher performance materials for use in valves. The market growth is expected to be driven by the continued use of advanced materials in the production of valves, which include alloy steel, martensitic steel and austenitic steel produced for automobile valves.
- The increasing demand for environmentally friendly and technologically advanced products provides the automotive valves industry with an opportunity to produce environmentally friendly valves that appeal to the consumer looking for environmentally friendly products.
Automotive Valves Market Report Segmentation Analysis
Key segments that contributed to the derivation of the Automotive Valves Market analysis are product, function, application, and vehicle type.
- Based on product, the automotive valves market is divided into EGR valve, brake combination valve, AT control valve, engine valve, and others.
- On the basis of function, the market is divided into mechanical, electric, hydraulic, pneumatic, and others.
- Based on application, the Automotive Valves Market is divided into HVAC system, engine system, brake system, and others.
- On the basis of vehicle type, the market is divided into passenger cars, HCV, and LCV.
Automotive Valves Market Share Analysis by Geography
- Automotive Valves Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering Automotive Valves Market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers PEST analysis, which involves the study of major factors that influence the Automotive Valves Market in these regions.
Automotive Valves Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX Million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2024 - 2031) | 3.2% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Automotive Valves Market News and Recent Developments
The Automotive Valves Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Automotive Valves Market are listed below:
- The Nidec Power Train Systems Corporation (“Nidec Power Train Systems” or the “Company”), a wholly owned subsidiary of Nidec Corporation developed a solenoid valve for automotive engines’ blow-by gas leak diagnosis. (Source: Nidec Corporation, Company Website, January 2024)
Automotive Valves Market Report Coverage and Deliverables
The “Automotive Valves Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Automotive Valves Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Automotive Valves Market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Automotive Valves Market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Automotive Valves Market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The global Automotive Valves Market is expected to grow at a CAGR of 3.2% during the forecast period 2023 - 2031.
The growth of the automotive industry across the globe is the major factor driving the Automotive Valves Market.
The rise in focus towards improving the efficiency of automobiles for enhanced performance is the key future trend in the global Automotive Valves Market in the coming years.
The leading players operating in the Automotive Valves Market include Delphi Automotive PLC, Denso Corporation, Hitachi Ltd., Federal-Mogul Holdings Corp., FTE Automotive GmbH, Eaton Corporation Plc., Knorr-Bremse AG, Mahle Group, and FUJI OOZX Inc.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The List of Companies
1.AISIN SEIKI Co., Ltd.
2.BorgWarner Inc.
3.Continental AG
4.Delphi Technologies
5.Denso Corporation
6.Eaton Corporation
7.Hitachi Metals, Ltd.
8.Johnson Electric Holdings Limited
9.Robert Bosch GmbH
10.Tenneco Inc.