Global Automotive Camshafts Market Growth 2023-2029
Vehicle Camshaft is an important engine component in an automobile, from a technical standpoint, a Vehicle Camshaft fulfills the function of converting rotatory motion of crankshaft to oscillating motion of follower, through a cam profile. The camshaft uses lobes (called cams) that push against the valves to open them as the camshaft rotates; springs on the valves return them to their closed position. This is a critical job, and can have a great impact on an engine's performance at different speeds.
LPI (LP Information)' newest research report, the “Automotive Camshafts Industry Forecast” looks at past sales and reviews total world Automotive Camshafts sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Camshafts sales for 2023 through 2029. With Automotive Camshafts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Camshafts industry.
This Insight Report provides a comprehensive analysis of the global Automotive Camshafts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Camshafts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Camshafts market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Camshafts and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Camshafts.
The global Automotive Camshafts market size is projected to grow from US$ 2437.6 million in 2022 to US$ 2881.2 million in 2029; it is expected to grow at a CAGR of 2881.2 from 2023 to 2029.
Global vehicle camshaft key players include ThyssenKrupp, MAHLE, Kautex Textron (CWC), Seojin Cam, Linamar, etc. Global top 2 manufacturers hold a share about 38%. Europe is the largest market, with a share about 30%, followed by China and North America, both with a share about 48 percent. In terms of product, assembled camshaft is the largest segment, with a share about 49%. And in terms of application, the largest application is passenger vehicle, followed by commercial vehicles.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Camshafts market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Alloy Cast Iron Camshafts
Ductile Iron Camshafts
Other
Segmentation by application
Commercial Vehicles
Passenger Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ThyssenKrupp
Andrews Products
Bharat Forge
Mahle
Precision Camshafts
Musashi Seimitsu Industry
Kautex
SECO SEOJINCAM
Musashi Hungary
Zhongzhou Group
ESTAS
JD Norman
Schleicher Fahrzeugteile
Xiyuan Camshaft
Tongxin Machinery
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Camshafts market?
What factors are driving Automotive Camshafts market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Camshafts market opportunities vary by end market size?
How does Automotive Camshafts break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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