The high demand for automotive valves is primarily attributed to the increased production of automobiles. Technological advancements and electrification of vehicles have positively influenced the demand for automotive valves in recent years. Furthermore, the positive economic outlook and demand for electric cars in developed markets are creating a favorable landscape for the manufacturers during the forecast period. The developing nations are also expected to exhibit lucrative growth prospects in the future.
MARKET DYNAMICS
The automotive valves market is anticipated to grow in the forecast period owing to driving factors such as increasing electrification of vehicles and increasing automotive sales. However, a rise in the production of battery electric vehicles is a challenge for the growth of the automotive valves market during the forecast period. On the other hand, demand for solenoid valves would offer key growth opportunities to the players of the automotive valves market in the coming years.
MARKET SCOPE
The "Global Automotive Valves Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive valves market with detailed market segmentation by product, function, application, vehicle type, and geography. The global automotive valves market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive valves market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global automotive valves market is segmented on the basis of product, function, application, and vehicle type. Based on product, the market is segmented as EGR valve, brake combination valve, AT control valve, engine valve, and others. By function, the market is segmented as mechanical, electric, hydraulic, pneumatic, and others. On the basis of the application, the market is segmented as HVAC system, engine system, brake system, and others. The market on the basis of the vehicle type is classified as passenger cars, HCV, and LCV.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive valves market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive valves market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive valves market from both demand and supply side and further evaluates market dynamics affecting 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 & Central America after evaluating political, economic, social and technological factors affecting the automotive valves market in these regions.
MARKET PLAYERS
The reports cover key developments in the automotive valves 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 the way for the expansion of business and customer base of market players. The market players from automotive valves market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive valves in the global market. Below mentioned is the list of few companies engaged in the automotive valves market.
The report also includes the profiles of key automotive valves 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 the last three years, key developments in the past five years.
- AISIN SEIKI Co., Ltd.
- BorgWarner Inc.
- Continental AG
- Delphi Technologies
- Denso Corporation
- Eaton Corporation
- Hitachi Metals, Ltd.
- Johnson Electric Holdings Limited
- Robert Bosch GmbH
- Tenneco Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.