Global Automotive Tappets Market 2023-2027
The automotive tappets market is forecasted to grow by USD 1,819.58 mn during 2022-2027, accelerating at a CAGR of 3.95% during the forecast period. The report on the automotive tappets 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 increasing automobile production, stricter emissions standards, and technological advancements like variable valve timing (VVT) and cylinder deactivation systems.
Technavio's automotive tappets market is segmented as below:
By Type
- Flat tappets
- Roller tappets
By Distribution Channel
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the lightweighting in the automotive industry as one of the prime reasons driving the automotive tappets market growth during the next few years. Also, integration of sensors and data analytics into tappets and use of 3D printing for custom tappet designs and rapid prototyping will lead to sizable demand in the market.
The report on the automotive tappets market covers the following areas:
- Automotive tappets market sizing
- Automotive tappets market forecast
- Automotive tappets 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 tappets market vendors that include AB SKF, COMP Cams, Crower Cams and Equipment Co. Inc., Cummins Inc., Decora Auto Forge Pvt. Ltd, Eaton Corp. Plc, Garima Global Pvt Ltd., Johnson Lifters L.L.C, Lunati LLC, NSK Ltd., Power Industries., Rane Holdings Ltd., RMW International, RSR Industries, SAC Engine Components Pvt. Ltd, Schaeffler AG, Shri Ram International, SM Motorenteile GmbH, Vishvam Automobiles, and Wuxi Xizhou Machinery Co., Ltd. Also, the automotive tappets 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.