Automotive Push Rods Market Outlook 2030 -

A push rod is required to transfer motion from camshaft lobe to valve. It is a vital element of engine design and required to run an engine. It plays an important role in consistency and performance of engines. In addition to opening valve, push rod is also used as an inlet for delivering lubricating oil to cylinder head through valve lifter. Most push rods have a fixed length, although some older engines use adjustable push rods as a means of setting valve clearance. In modern times, adjustable push rod is only used as a tool to determine length required for correct rocker geometry during engine design and manufacturing process. Diameter of push rod is also different, which is crucial for load usage. Some push rods are tubular and hollow to reduce reciprocating weight of valve mechanism. Usually, both ends are drilled to supply oil to rocker arm. Automotive push rods are mostly used in twin V engine and overhead camshaft engines. Automobile manufacturers are integrating overhead camshaft (OHC) engines in their vehicles for better fuel efficiency. Compared with other engines, ease of deployment of push rods is one of the key factors driving growth of the automotive push rod market.

Market scope and structure analysis:

COVID-19 Impact analysis

Significant decline in demand has been witnessed in the automobile industry due to COVID-19, which has affected the automotive push rod market. Pandemic has created panic among travelers, as well as travel restriction resulted in reduction in demand for automobile. This has severely affected the automotive push rod market. COVID-19 pandemic has slowed down production of the market due to shortage of worker and government restriction and is expected to restart when the situation becomes stable. The pandemic is expected to impact all stakeholders in the value chain. They are estimated to experience short & long-term impacts.

Top Impacting Factors

• Ease of deployment of push rods, increasing growth of logistics sector, and technological advancements related to design drive growth of the automotive push rods market.
• Repetitive change in cam designs leading to inconvenience, increasing demand for electric vehicles, and imposition of stringent rules and regulations are expected to hamper growth of the market.
• Increasing levels of disposable income of the middle-class population is expected to act as an opportunity for the market growth.

The automotive push rods market trends are as follows:

Increase in environmental safety concerns

Strict rules and regulations on fuel emissions formulated by governments around the globe have increased sales and production of new cars. For instance, the government of India planned a target that by 2020 all vehicles should run on BS-6 standard. This led to increased production and sales of new cars owing to the need to replace old cars, which expands growth of the global automotive push rod market.

Increase in demand for electric vehicles

Demand for electric vehicles is increasing because it not only complies with all government regulations, but also provides a better return on investment compared to traditional vehicles. Several governments of various countries are promoting electro mobility vehicles such as metro and electric buses. This affects sales of internal combustion engine vehicles. Thus, growth in demand for electric vehicles is expected to curb growth of the automotive push rod market.

Key segments covered:

Key benefits of the report:

• This study presents the analytical depiction of the automotive push rods industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with challenges of the automotive push rods market.
• The current market is quantitatively analyzed from 2020 to 2028 to highlight the automotive push rods market growth scenario.
• The report provides a detailed automotive push rods market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the automotive push rods market research report:

• Which are the leading market players active in the automotive push rods market?
• What would be the detailed impact of COVID-19 on the market?
• What current trends would influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the automotive push rods market?
• What are the projections for the future that would help in taking further strategic steps?