Automotive Valves Market to Rise Steadily due to Growing Automotive Production in China, India, U.S.

Market Research Future (MRFR) has announced a new release on the global automotive valves market. The report looks into the possible future growth trajectory of the global automotive valves market by looking into the historical movement patterns of the market and its present condition. The granular composition of the global automotive valves market is also revealed in detail in the report with the help of extensive analysis of the market’s segmentation. The competitive landscape of the global automotive valves market is also elaborated upon in detail to familiarize the readers with the leading players in the global automotive valves market and to acquaint them with the strategies that are likely to succeed in the automotive valves market over the forecast period.

Automotive valves are electromechanical devices used to regulate or control the flow of primarily gases or liquids in automotive applications. Automotive valves play a crucial role in the functioning of an automobile, as the rate of exchange of all fluids involved in an automobile needs to remain constant for the vehicle to function properly. Automotive engines rely on automotive valves for ensuring the smooth entry of fuel, air, and exhaust emissions into the respective parts of the automobile. Other components of an automobile, such as brakes, also depend upon automotive valves for smooth functioning.

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The automotive valves market is likely to experience smooth growth over the forecast period due to the growing production of various kinds of automobiles around the world. Commercial as well as passenger vehicles have risen in demand spectacularly over the last few decades, resulting in a steady pull for the automotive valve market.

Segmentation:

The global automotive valve market is segmented based on product, function, application, and vehicle type.

On the basis of product, the market is segmented into solenoid, EGR valve, brake combination valve, engine valve, and others. The solenoid segment is expected to dominate the market during the forecast period, as solenoid valves are safe to use and lightweight.

On the basis of function, the market is segmented into hydraulic, pneumatic, and electric. The electric segment is expected to dominate the market due to the improved efficiency offered by this type of valve.

On the basis of application, the market is segmented into engine, brake, and HVAC. The engine segment is expected to dominate the market, as automotive valves are most widely used in engines to regulate the flow of various fluids.

Regional Analysis:

The global automotive valves market is segmented by region into North America, Europe, Asia Pacific, and rest of the world.

Asia Pacific is expected to be the major driving force in the global automotive valves market over the forecast period due to the rapid growth in automotive production in the region. Countries such as China have come up rapidly in the global automotive industry in recent years to emerge as leading players, and automotive producers have been quick to make the most of this boom and set up production plants in Asia Pacific countries. China is likely to remain the leader in the global automotive valves market due to the rapid pace of automotive production in the country. Passenger vehicle sales in the country have almost quadrupled since 2008, in addition to a steady demand for commercial vehicles, and since 2009, the country has produced more cars than the U.S. and Japan put together. This is likely to be a major driver for the automotive valves market in Asia Pacific over the forecast period.

India is also likely to play a key role in the development of the automotive valve market in the coming years. The automotive industry in India has grown steadily over the last decade, due to a steady rise in passenger car sales as well as the increasing efforts of successive governments to make India a highly lucrative business environment for automotive industry players.

North America is likely to remain the second largest regional market for automotive valves behind Asia Pacific.

Competitive Analysis:

Leading players in the global automotive valves market include Continental AG, Denso Corporation, Cummins Inc., Robert Bosch GmbH, Federal-Mogul, Automotive Valves Pvt. Ltd., AVR Valves Pvt. Ltd., SMB Engine Valves, Nextech Engineering, SSV Valves, Johnson Electric Group, Aisin Seiki Co. Ltd., Valeo SA, Delphi Automotive, and BorgWarner.

Industry Updates:

In December 2018, Eberspaecher Exhaust Technology developed a new generation of acoustic valves claimed to provide a smoother, noise-free ride. The valves are electrically operated and extremely lightweight, allowing a reduction in the overall muffler volume.

 

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Key Questions Addressed by the Report

  • What was the historic market size?
  • Which segmentation (Product/ Capacity) is driving market?
  • What will be the growth rate?
  • How are the key players in this market?
  • What are the strategies adopted by key players?

TABLE OF CONTENTS

 

1 EXECUTIVE SUMMARY

 

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

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