Automotive Tappet Market SWOT Analysis by 2031
The automotive tappet market is expected to register a CAGR of 5.1% during 2023–2031. The evolution of advanced technologies and the introduction of high-end vehicles is likely to remain a key trend in the market.
Automotive Tappet Market Analysis
- The market for automotive tappets is expanding steadily due to factors such as growing vehicle production, increased demand for fuel-efficient cars, and advancements in technology for automobile design.
- The increasing demand for fuel-efficient vehicles in the market has led to wider usage of automotive tappets.
- The automotive tappet market has also experienced growth due to technological advancements and improved production techniques.
Automotive Tappet Market Overview
- The engine's efficiency, RPM, and power output of the engines are all enhanced by the tappet.
- High-performance cars and race cars frequently have tappets. The rapidly rising demand for high-performance cars is the primary reason behind the tappet market's global expansion.
- Furthermore, tappet is widely used in automobiles as a result of original equipment manufacturers' growing emphasis on high output power and efficiency of cars, which is anticipated to drive tappet market demand.
- Manufacturers of tappets are heavily using lightweight materials such as titanium and aluminum. This aligned with the current trend of using lighter engine components in order to improve performance and fuel efficiency.
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Automotive Tappet Market: Strategic Insights
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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 Tappet Market: Strategic Insights
Naveen
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Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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Automotive Tappet Market Drivers and Opportunities
Increasing Automobile Production to Favor the Market
- The manufacturing of tappets for automobiles has expanded in tandem with the production of electric vehicles, specialty vehicles, and other automobiles.
- Technological advancement allows users to evaluate the vehicle's stability and quality while safeguarding users against adverse weather conditions.
- The market's demand is stimulated by the initiative for environmentally friendly mobility and the large investment made in expanding the infrastructure for public road transportation.
Growing Technological Advancement
- Urbanization, rising disposable income in developing markets, and technological advancements and performance are driving a significant shift in the automotive industry's growth.
- Incorporating high-end parts such as tappets among the automotive industry to improve performance is one of the prime drivers for the market.
Automotive Tappet Market Report Segmentation Analysis
Key segments that contributed to the derivation of the automotive tappet market analysis are type and engine capacity.
- Based on type, the automotive tappet market is divided into flat and roller.
- Based on engine capacity, the automotive tappet market is divided into <4 Cylinders, 4-6 Cylinders, and>6 Cylinders.
Automotive Tappet Market Share Analysis by Geography
- The automotive tappet 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 tappet 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 tappet market in these regions.
Automotive Tappet Market Report Scope
Automotive Tappet Market News and Recent Developments
The automotive tappet 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 tappet market are listed below:
- Jun Machine Shop has now expanded its lineup of tappet shims for the Nissan RB26DETT engine. Previously, JUN MACHINE only offered shims thicker than stock to match the base circle for high-lift camshafts, but now we have added the stock shim size range to our lineup. (Source: JUN Machine shop, Press Release, May 2024)
Automotive Tappet Market Report Coverage and Deliverables
The “Automotive Tappet Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Automotive tappet market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Automotive tappet market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Automotive tappet 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 in the automotive tappet 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 tappet market is expected to grow at a CAGR of 5.1% during the forecast period 2023 - 2031.
The rapid technological advancement in the automotive sector is one of the major factors driving the automotive tappet market.
An increase in sales of high-end vehicles is anticipated to play a significant role in the global automotive tappet market in the coming years.
The leading players operating in the automotive tappet market are Schaeffler Technologies AG & Co. KG, Eaton Corporation, Federal-Mogul Corporation, NSK Ltd, OTICS USA, Inc., AB SKF, and Lunati.
The report can be delivered in PDF/PPT format; we can also share an excel dataset based on the request.
Some of the customization options available based on request are 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.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Automotive Tappet Market - By Type
1.3.2 Automotive Tappet Market - By Engine Capacity
1.3.3 Automotive Tappet Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AUTOMOTIVE TAPPET MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AUTOMOTIVE TAPPET MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. AUTOMOTIVE TAPPET MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMOTIVE TAPPET - GLOBAL MARKET OVERVIEW
6.2. AUTOMOTIVE TAPPET - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. AUTOMOTIVE TAPPET MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. FLAT
7.3.1. Overview
7.3.2. Flat Market Forecast and Analysis
7.4. ROLLER
7.4.1. Overview
7.4.2. Roller Market Forecast and Analysis
8. AUTOMOTIVE TAPPET MARKET - REVENUE AND FORECASTS TO 2028 - ENGINE CAPACITY
8.1. OVERVIEW
8.2. ENGINE CAPACITY MARKET FORECASTS AND ANALYSIS
8.3. <4 CYLINDERS
8.3.1. Overview
8.3.2. <4 Cylinders Market Forecast and Analysis
8.4. 4-6 CYLINDERS
8.4.1. Overview
8.4.2. 4-6 Cylinders Market Forecast and Analysis
8.5. >6 CYLINDERS
8.5.1. Overview
8.5.2. >6 Cylinders Market Forecast and Analysis
9. AUTOMOTIVE TAPPET MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Automotive Tappet Market Overview
9.1.2 North America Automotive Tappet Market Forecasts and Analysis
9.1.3 North America Automotive Tappet Market Forecasts and Analysis - By Type
9.1.4 North America Automotive Tappet Market Forecasts and Analysis - By Engine Capacity
9.1.5 North America Automotive Tappet Market Forecasts and Analysis - By Countries
9.1.5.1 United States Automotive Tappet Market
9.1.5.1.1 United States Automotive Tappet Market by Type
9.1.5.1.2 United States Automotive Tappet Market by Engine Capacity
9.1.5.2 Canada Automotive Tappet Market
9.1.5.2.1 Canada Automotive Tappet Market by Type
9.1.5.2.2 Canada Automotive Tappet Market by Engine Capacity
9.1.5.3 Mexico Automotive Tappet Market
9.1.5.3.1 Mexico Automotive Tappet Market by Type
9.1.5.3.2 Mexico Automotive Tappet Market by Engine Capacity
9.2. EUROPE
9.2.1 Europe Automotive Tappet Market Overview
9.2.2 Europe Automotive Tappet Market Forecasts and Analysis
9.2.3 Europe Automotive Tappet Market Forecasts and Analysis - By Type
9.2.4 Europe Automotive Tappet Market Forecasts and Analysis - By Engine Capacity
9.2.5 Europe Automotive Tappet Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Automotive Tappet Market
9.2.5.1.1 Germany Automotive Tappet Market by Type
9.2.5.1.2 Germany Automotive Tappet Market by Engine Capacity
9.2.5.2 France Automotive Tappet Market
9.2.5.2.1 France Automotive Tappet Market by Type
9.2.5.2.2 France Automotive Tappet Market by Engine Capacity
9.2.5.3 Italy Automotive Tappet Market
9.2.5.3.1 Italy Automotive Tappet Market by Type
9.2.5.3.2 Italy Automotive Tappet Market by Engine Capacity
9.2.5.4 United Kingdom Automotive Tappet Market
9.2.5.4.1 United Kingdom Automotive Tappet Market by Type
9.2.5.4.2 United Kingdom Automotive Tappet Market by Engine Capacity
9.2.5.5 Russia Automotive Tappet Market
9.2.5.5.1 Russia Automotive Tappet Market by Type
9.2.5.5.2 Russia Automotive Tappet Market by Engine Capacity
9.2.5.6 Rest of Europe Automotive Tappet Market
9.2.5.6.1 Rest of Europe Automotive Tappet Market by Type
9.2.5.6.2 Rest of Europe Automotive Tappet Market by Engine Capacity
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Automotive Tappet Market Overview
9.3.2 Asia-Pacific Automotive Tappet Market Forecasts and Analysis
9.3.3 Asia-Pacific Automotive Tappet Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Automotive Tappet Market Forecasts and Analysis - By Engine Capacity
9.3.5 Asia-Pacific Automotive Tappet Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Automotive Tappet Market
9.3.5.1.1 Australia Automotive Tappet Market by Type
9.3.5.1.2 Australia Automotive Tappet Market by Engine Capacity
9.3.5.2 China Automotive Tappet Market
9.3.5.2.1 China Automotive Tappet Market by Type
9.3.5.2.2 China Automotive Tappet Market by Engine Capacity
9.3.5.3 India Automotive Tappet Market
9.3.5.3.1 India Automotive Tappet Market by Type
9.3.5.3.2 India Automotive Tappet Market by Engine Capacity
9.3.5.4 Japan Automotive Tappet Market
9.3.5.4.1 Japan Automotive Tappet Market by Type
9.3.5.4.2 Japan Automotive Tappet Market by Engine Capacity
9.3.5.5 South Korea Automotive Tappet Market
9.3.5.5.1 South Korea Automotive Tappet Market by Type
9.3.5.5.2 South Korea Automotive Tappet Market by Engine Capacity
9.3.5.6 Rest of Asia-Pacific Automotive Tappet Market
9.3.5.6.1 Rest of Asia-Pacific Automotive Tappet Market by Type
9.3.5.6.2 Rest of Asia-Pacific Automotive Tappet Market by Engine Capacity
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Automotive Tappet Market Overview
9.4.2 Middle East and Africa Automotive Tappet Market Forecasts and Analysis
9.4.3 Middle East and Africa Automotive Tappet Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Automotive Tappet Market Forecasts and Analysis - By Engine Capacity
9.4.5 Middle East and Africa Automotive Tappet Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Automotive Tappet Market
9.4.5.1.1 South Africa Automotive Tappet Market by Type
9.4.5.1.2 South Africa Automotive Tappet Market by Engine Capacity
9.4.5.2 Saudi Arabia Automotive Tappet Market
9.4.5.2.1 Saudi Arabia Automotive Tappet Market by Type
9.4.5.2.2 Saudi Arabia Automotive Tappet Market by Engine Capacity
9.4.5.3 U.A.E Automotive Tappet Market
9.4.5.3.1 U.A.E Automotive Tappet Market by Type
9.4.5.3.2 U.A.E Automotive Tappet Market by Engine Capacity
9.4.5.4 Rest of Middle East and Africa Automotive Tappet Market
9.4.5.4.1 Rest of Middle East and Africa Automotive Tappet Market by Type
9.4.5.4.2 Rest of Middle East and Africa Automotive Tappet Market by Engine Capacity
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Automotive Tappet Market Overview
9.5.2 South and Central America Automotive Tappet Market Forecasts and Analysis
9.5.3 South and Central America Automotive Tappet Market Forecasts and Analysis - By Type
9.5.4 South and Central America Automotive Tappet Market Forecasts and Analysis - By Engine Capacity
9.5.5 South and Central America Automotive Tappet Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Automotive Tappet Market
9.5.5.1.1 Brazil Automotive Tappet Market by Type
9.5.5.1.2 Brazil Automotive Tappet Market by Engine Capacity
9.5.5.2 Argentina Automotive Tappet Market
9.5.5.2.1 Argentina Automotive Tappet Market by Type
9.5.5.2.2 Argentina Automotive Tappet Market by Engine Capacity
9.5.5.3 Rest of South and Central America Automotive Tappet Market
9.5.5.3.1 Rest of South and Central America Automotive Tappet Market by Type
9.5.5.3.2 Rest of South and Central America Automotive Tappet Market by Engine Capacity
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. AUTOMOTIVE TAPPET MARKET, KEY COMPANY PROFILES
11.1. SCHAEFFLER
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. EATON
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. FEDERAL-MOGUL
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. RANE ENGINE VALVE
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. NSK
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. OTICS CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SKF
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. RIKEN
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. LUNATI
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. COMP CAMS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
11.11. SM MOTORENTEILE
11.11.1. Key Facts
11.11.2. Business Description
11.11.3. Products and Services
11.11.4. Financial Overview
11.11.5. SWOT Analysis
11.11.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1.Schaeffler
2.Eaton
3.Federal-Mogul
4.Rane Engine Valve
5.NSK
6.Otics Corporation
7.SKF
8.Riken
9.Lunati
10.Comp Cams
11.SM Motorenteile
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
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Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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