Report Code: A07278 | Pages: NA | Apr 2023 | 3167 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Request Now !Automotive valves are multi-purpose devices which are a part of internal combustion engine (ICE) and these are used to control the flow of gas or any fluid material such as liquid & slurries. The performance of various systems such as engine valve & ignition system directly depend on the automotive valves. Furthermore, these valves are mostly found in numerous applications such as petrol & diesel engines, steam engines and cooking & heating appliances. Currently, manufacturers such as Robert Bosch is developing advanced technological automotive valves such as exhaust recirculation control valve, which will significantly increase the efficiency and the performance of the vehicle. Therefore, the growing demand for multi-purposed valves is projected to further boost the automotive valves market.
Market scope and structure analysis:
       Report Metric |                        Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast units |  Value (USD) |
 Segments covered | Product Type, Application, Function Type, Vehicle Type, Propulsion and Region |
 Regions covered | North America (the U.S. and Canada), Europe (Germany, the U.K., France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and the Middle East & Africa |
 Companies covered | Robert Bosch GmbH, Continental AG, Denso Corporation, BorgWarner Inc., Schaeffler AG, Eaton, Federal-Mogul Corporation, MAHLE GmbH, Jinan Worldwide Auto-Accessory Limited ICP and Magna International Inc. |
Increase in vehicle production, government regulations to develop new automotive valves and introduction of advanced technologies such as exhaust recirculation control valve which can significantly increase the performance of the vehicle is driving the growth of the market. However, increasing electrification of vehicles and high cost & fluctuating prices of cylinders are expected to hamper the growth of the market. Contrarily, surge in passenger car production and increase in demand for solenoid valves can be seen as an opportunity for the market investments.
The automotive valves market trends are as follows:
As per the new government regulations on low-carbon discharge, numerous manufacturers such as Mercedes, BMW, and others are encouraged to produce electric vehicles, which has resulted in decrease in sales of internal combustion engine vehicles. Further, the electrification of vehicles is going to hinder the growth of the automotive valve market as very few valves are installed in electric vehicles when compared with internal combustion engine. Therefore, the electrification of automobiles to meet emission standards will hamper the growth of the automotive valves market.
Key segments covered:
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Key benefits of the report:
Questions answered in the global automotive valves market research report:
Automotive Valves Market Report Highlights
Aspects | Details |
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By Product Type |
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By Vehicle Type |
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Key Market Players | Robert Bosch GmbH, Continental AG, Denso Corporation, BorgWarner Inc., Schaeffler AG, Eaton, Federal-Mogul Corporation, MAHLE GmbH, Jinan Worldwide Auto-Accessory Limited ICP, Magna International Inc. |
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