An automotive tappet is also termed as valve lifter or cam follower. These are interposed between the camshaft lobe and the tappet lifting mechanism. The tappet runs on the camshaft and it is designed to move vertically through the rotating action of the cam. Tappet aids in the transfer of linear motion to other vehicle components.
MARKET SCOPE
The "Global Automotive Tappet Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a focus on the global automotive tappet market trend. The report aims to provide an overview of the global automotive tappet market with detailed market segmentation by type, engine capacity, and geography. The global automotive tappet market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the automotive tappet market.
MARKET SEGMENTATION
? On the basis of type, the market is segmented as flat and roller.
? On the basis of engine capacity, the market is segmented as <4 Cylinders, 4-6 Cylinders, and >6 Cylinders.
MARKET DYNAMICS
Drivers:
? Growing Market for machined Tappets.
? Increasing demand for high-performance vehicles.
Restraints:
? Increasing popularity of electric and hybrid vehicles.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive tappet market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive tappet market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive tappet market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automotive tappet market in these regions.
IMPACT OF COVID-19 ON SUBSEA PUMPS MARKET
The outbreak of COVID-19 has significantly impacted various industries including the automotive and transportation industry. Containment measures were imposed by governments across the globe such as trade restriction and factor shutdown followed by limited personnel at workplaces in order to adhere to the norms of social distancing. Thus, the imposition of such measures has disrupted the supply chain of automotive and transportation in 2020. However, the industry started to stabilize from Q4 of 2020 as economies started to reopen and containment measures were relaxed.
MARKET PLAYERS
The reports cover key developments in the automotive tappet market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Automotive tappet market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive tappet in the global market. Below mentioned is the list of few companies engaged in the automotive tappet market.
The report also includes the profiles of key automotive tappet companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
? Schaeffler, Eaton
? Federal-Mogul
? Rane Engine Valve
? NSK
? Otics Corporation
? SKF
? Riken
? Lunati
? Comp Cams
? SM Motorenteile