Valves are
the devices which regulate and control the flow of liquid or gas. They are
usually fitted in pipe and have many uses in different sectors such as
automobile, industrial, commercial and military sectors. Automotive valve is a
mechanical or electromechanical device which allows the stream of air fuel
mixture or gaseous mixture, to admit or to escape and also to regulate them
also. Automotive valves are utilized in automobile sector including all kind of
vehicles. There are basically two types of valves include in automotive such
as- inlet valve (allows air-fuel mixture inside the chamber) and exhaust valve
(release the air-fuel mixture out of the chamber).
Market Size & Forecast
Global
automotive valve market is going to witness a vigorous growth during the
forecast period i.e. 2017-2024. It is expected that the global automotive valve market will grow at a CAGR of 4.3% over the
forecast year. With this compound annual growth rate, it is projected that
the global automotive valve market
will manage to reach an evaluation of around USD 32.8 billion by 2024.
The global
automotive valve market is distributed in majorly four regions; these are North
America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific is the
leading region among other regions followed by Europe, whether it is term of
value and volume.
Asia-Pacific
region is anticipated to grow with the highest CAGR over the forecast period.
Asia Pacific region incorporate with developing countries such as – China,
India. These developing economic played a very important role and contributed
in growth of automotive valve market in related region.
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Europe is
the second big market in all regions; it comprises key contributors such as
Italy, Germany, Spain, U.K and others. Other regions such as North America,
Africa and Middle-East are going to witness a very considerable growth during
the forecast period 2017-2024.
Unceasing
demand in automobile sector and the up gradation of vehicles will increase the
demand for supportable automotive valves. Further, it will give a boost to the
automotive sector over forecast period 2017-2024.
Market Segmentation
Our-in
depth analysis of the global automotive valve market includes the following
segments:
By Vehicle
Type
·
Two
wheelers
·
Passenger
cars
·
Light
Commercial Vehicles
·
Heavy
Commercial Vehicles
By Product
Type
·
Inlet/Outlet
Valves
·
Brake
Combination Valves
·
A/C
Expansion Valves
·
Thermostat
Valves
·
Fuel
System Valves
·
Solenoid
Valves
·
Exhaust
Gas Recirculation Valves
·
Tire
Valves
·
Selective
Catalytic Reduction Water Valves
·
Mono
Metallic Valves
·
Bimetallic
Valves
·
Hollow
Valves
By
Material Type
·
Steel
·
Titanium
·
Nickel
alloy
·
Others
By
Sales Channel Type
·
Original
Equipment Manufacturer
·
Aftermarket
By Regions
The global
automotive valve market is further classified on the basis of region as
follows:
·
North
America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity
Analysis
·
Latin
America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth &
Opportunity Analysis
·
Western
and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium,
Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth
& Opportunity Analysis
·
Asia-Pacific
(China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market
size, Y-O-Y growth & Opportunity Analysis.
·
Middle
East and Africa (GCC, North Africa, South Africa and Rest of Middle East and
Africa) Market size, Y-O-Y growth & Opportunity Analysis
Growth Drivers & Challenges
As the
global automobile market is expanding persistently, it is propelling the global
automotive valve market. Further, with the increasing number of vehicles on the
road, the manufacturers of automotive valve will witness enormous growth in
automotive valve market over the forecast period 2017-2024.
Over the
past few years it has been notified that automotive companies are concern about
the performance of their vehicles and thus, focusing on improvement in the
overall performance of the vehicle. Apart from this, it is also been observe
that the reduction of carbon ignition and enhancement of fuel efficiency in the
engine has strengthened the demand for suitable automotive valves. These
adoptions of new technologies have played a key role in growth of automotive
valve market. The industries are implementing various valve time mechanisms to
increase the efficiency of the vehicles engine as well as its performance.
Increasing
application of automotive valves among various automotive valve manufacturing
companies and implementation of new technologies in automobile sector is
presume to increase the demand for automotive valves.
However,
implementation of new technologies with the vehicles engines and there
downsizing may appear as a challenge to the manufacturers of automotive valves
and may impact the growth of the market.
Key Players
·
Continental
AG
·
Delphi
·
Denso
·
Valco
·
Robert
Bosch
·
Hitachi
Ltd.
·
Aisin
Seiki
·
Eaton
·
Borg
·
Tenneco
·
Federal-Mogul
Scope and Context
Overview
of the Parent Market
Analyst
View
Segmentation
The global
automotive valve market is segmented as follows:
·
By
Vehicle Type Market Size & Y-O-Y Growth Analysis
·
By
Product Type Market Size & Y-O-Y Growth Analysis
·
By
Material Type Market Size & Y-O-Y Growth Analysis
·
By
Sales Channel Type Market Size & Y-O-Y Growth Analysis
·
By
Region Market Size & Y-O-Y Growth Analysis
Market
Dynamics
Supply
& Demand Risk
Competitive
Landscape
Porter’s
Five Force Model
Geographical
Economic Activity
Key
Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent
Trends and Developments
Industry
Growth Drivers and Challenges
Key
Information for Players to establish themselves in current dynamic environment
To know more about this research,
kindly visit: http://www.researchnester.com/reports/automotive-valve-market-global-demand-analysis-opportunity-outlook-2024/348
For Table of Content &
Free Sample Report Contact:
Ajay
Daniel
Email:
ajay.daniel@researchnester.com
U.S. +1 646 586 9123
U.K. +44 203 608 5919
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