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Valve Spool Market by Type (Flat Tappet and Roller Tappet), Capacity (Less than 4 Cylinders Engine, 4–6 Cylinders Engine, and More than 6 Cylinders Engine), End User (Economic Passenger Cars, Luxury Passenger Cars, and Mid-Priced Passenger Cars), and Vehicle (Heavy Commercial Vehicles and Light-Duty Vehicles): Global Opportunity Analysis and Industry Forecast, 2020–2027

A10128
Pages: NA
Jun 2021 | 266 Views
 
Author(s) : NA
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COVID-19

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Valve spools are also referred to as valve lifters or cam follower. Tappet is a part of the valve train that follows the camshaft to facilitate the opening and closing of valves. It is widely used in an internal combustion engine as it is used for adjusting the overall clearance in the valve actuation system, which, in turn, allows the camshaft to move vertically while rotating the camshaft in the vertical motion. Factors, such as increasing disposable income and rising preference for products in emerging & developing economies due to socio-economic development, are expected to play a significant role in the market valve spool growth over the forecast period.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast unit

  Value (USD)

  Segments covered

  Type, Capacity, End User, and Vehicle

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, 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 and Africa

  Companies covered

Eaton, NSK Ltd., Schaeffler AG, Federal-Mogul LLC., Rane Engine Valve Limited, Otics Operation, AC Delco, TRW, Competition Cams, Inc., and Lunati

 

COVID-19 scenario analysis:

  • The automotive industry has witnessed the impact of the coronavirus crisis evolving from a supply shock to a global demand shock.
  • The problems for the auto sector had started long before COVID-19 happened. The auto sector has been under stress after it began with a slowdown in demand and then the NBFC defaults exacerbated the crisis.
  • The global pandemic caused by the novel coronavirus came at a time when both the global economy and the automotive industry were hoping for recovery.
  • The absolute magnitude of the impact depends on the duration of the ongoing lockdown and the impact caused by the pandemic.
  • The onset of COVID-19 globally is expected to have a negative impact on the automotive industry and all other major industries.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis 

Some of the factors that boost the development of seamless engine technology and increasing sales of vehicles globally are expected to spur the product demand over the forecast period. However, increase in demand for valve control products due to industrialization and urbanization is anticipated to hamper the growth of the market. Furthermore, the growing awareness to adopt spool valve in all the end-use applications is a noteworthy achievement, which is expected to offer lucrative opportunities for the market over the forecast period.

The valve spool market trends are as follows:

Development of seamless engine technology

In a camless engine, the engine valves are operated using electromagnetic, hydraulic or pneumatic actuators instead of the conventional camshaft. The camless engine utilizes the compressed air recovered by braking energy as an energy source. This development is expected to have a positive impact on the overall market growth. In addition, automotive positive crankcase ventilation valves are essential fittings in vehicles as they play a crucial role in reducing the emission of engine gases into the environment. Therefore, the global valve spool market is expected to grow further during the forecast period.

Increasing sales of vehicles globally 

Car sales across have risen globally with increase in urbanization in most of the developing economies across the globe. The buying power of customers has tremendously increased, which boosted the sales of vehicles globally. Moreover, the global passenger car sales have increased, which led to the development and innovation in the automotive industry. In addition, manufacturers are adopting the most advanced technologies that are affordable for customers to gain a competitive edge in the market. The growing automotive sale in the market is expected to propel the valve spool market over the forecast period.

Key segments covered:               

Segments

Sub-segments

  Type

  • Flat Tappet
  • Roller Tappet

  Capacity

  • Less than 4 Cylinders Engine
  • 4–6 Cylinders Engine
  • More than 6 Cylinders Engine

  End-user

 

  • Economic Passenger Cars
  • Luxury Passenger Cars
  • Mid-Priced Passenger Cars

  Vehicle

  • Heavy Commercial Vehicles
  • Light-Duty Vehicles

 

Key benefits of the report:

  • This study presents the analytical depiction of the valve spool market 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 a detailed analysis of the valve spool market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the valve spool market scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed valve spool market analysis based on competitive intensity and how the competition will take shape in the coming years. 

Questions answered in the market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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