Global Automotive Valve Train Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 2.45% from 2019 to 2027, reaching nearly US$ XX Bn.
Global Automotive Valve Train Market
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The report study has analyzed the revenue impact of the COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Global Automotive Valve Train Market: Market Overview
The valve train system is arrangement of different components to provide proper functioning of intake and exhaust valve operations of an engine. The valve train of an engine includes the valves, camshaft, valve springs, rocker arms, retainers, and shafts. It controls over the opening and closing valves of the engine and also the time at which a valve is open or closed. It also provides a proper amount of fuel and air mixture.
Global Automotive Valve Train Market: Market Dynamics
A significant growth of automotive industry across the world with rapid urbanization, increasing demand for vehicles resulting into rising the demand for automotive valve train. Increasing disposable income of consumers and increasing their spending power boost the sales of vehicles thus, it is driving the demand for automotive valve train. Rising demand of hybrid vehicle has increased the demand of valve train. These are the major factors anticipating the growth of the global automotive valve train market during the forecast period.
Rising the preference toward electric vehicle for zero emission, they are powered by battery system and not required internal combustion engine, thus they do not have any valve train. The impact of pandemic COVID-19 on world economy, also affects the automobile sector, the disruption in the product supply chain create problems for manufacturers which also hinders the growth of the market during the forecast period. These are the key factors working as restrain for global automotive valve train market during the forecast period.
Global Automotive Valve Train Market: Market Segmentation
The hydraulic lifter is majorly preferred as they reduce the valve train noise by zero valve clearance, thus the hydraulic lifter segment of lifter type is anticipated to drive the global automotive valve train market during the forecast period. Increase in the sales of passenger vehicles across the world, in turn, passenger vehicle segment of vehicle type is subjected to the highest growth rate during the forecast period. OEMs segment of sales channel is likely to dominate the global automotive valve train.
Global Automotive Valve Train Market: Regional Analysis
The Asia Pacific is dominating the global automotive valve train market due to major sales of automotive. The increasing economic and living standard of individual will significantly drive the automotive valve train market in this region. Besides, increase in the number of automotive manufacturing industries, entry of foreign automakers in emerging nations such as India and China are driving the market during the forecast period. Besides, the high production of passenger vehicles in this region and rapid expansion of automotive industry in countries like South Korea, China and India is likely to drive the market. North America held substantial share of this market due to high production of commercial vehicles.
The objective of the report is to present a comprehensive analysis of the Global Automotive Valve Train Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Automotive Valve Train Market dynamics, structure by analysing the market segments and projects the Global Automotive Valve Train Market size. Clear representation of competitive analysis of key players by Sales Channel, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Automotive Valve Train Market make the report investor’s guide.
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Global Automotive Valve Train Market, by Lifter type
• Solid lifter
• Hydraulic lifter
• Roller lifter
Global Automotive Valve Train Market, by Vehicle type
• Light Commercial Vehicle
• Heavy Commercial Vehicle
• Passenger Vehicle
Global Automotive Valve Train Market, by Sales Channel
• OEMs
• Aftermarket
Global Automotive Valve Train Market, by Region
• Asia Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Vietnam
Rest of Asia
• North America
U.S.
Canada
• Europe
Germany
UK
France
Italy
Spain
Rest of Europe
• South America
Brazil
Mexico
Rest of South America
• Middle East & Africa
GCC
South Africa
Rest of MEA
Global Automotive Valve Train Market, Key Players
• MAHALE GmbH
• AVR Valves Pvt. Ltd.
• Eaton
• Delphi Technologies Plc
• Tenneco Inc
• BorgWarner Inc.
• Schaeffler Group
• MS Powertrain Technologie GmbH
• Engineered Sintered Components
• AV&V
• Rheinmetall Automotive AG
• thyssenkrupp AG
• Federal-Mogul LLC
• Jereh Tractor Parts Corporation
• Fulin P.M.
• GT TECHNOLOGIES
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