Global Automotive Camless Engine Market 2024-2028
The automotive camless engine market is forecasted to grow by USD 40885.26 mn during 2023-2028, accelerating at a CAGR of 70.09% during the forecast period. The report on the automotive camless engine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the electrification of automotive components for efficient braking and higher fuel efficiency, an advantage of greater fuel efficiency and more power, and decreasing prices of retail gasoline.
Technavio's automotive camless engine market is segmented as below:
By Application
- Passenger cars
- Commercial vehicles
By Type
- Gasoline engine
- Diesel engine
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the automakers working on their camless engine prototypes for commercial production as one of the prime reasons driving the automotive camless engine market growth during the next few years. Also, qoros qamfree camless engine uses electrohydraulic pneumatic actuators and development of single-cylinder light-duty camless engine will lead to sizable demand in the market.
The report on the automotive camless engine market covers the following areas:
- Automotive camless engine market sizing
- Automotive camless engine market forecast
- Automotive camless engine market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive camless engine market vendors that include BorgWarner Inc., Camcon Auto Ltd., ElringKlinger AG, Freevalve AB, Linamar Corp., Musashi Seimitsu Industry Co. Ltd., NEMAK SAB de CV, Parker Hannifin Corp., Textron Inc., and thyssenkrupp AG. Also, the automotive camless engine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.