Global Automotive Water Valves Market Growth 2023-2029
Automotive water valves are used to switch the different cooling water circuits on and off.
Optimization of the interior temperature of the vehicle in conjunction with best possible control of the heat input and cooling of the engine and its partial circulatory systems are achieved through successful thermal management. Water valves help to selectively control and regulate water circuit temperatures at central points. As a result, for example, the warm-up phase can be significantly reduced, thus saving fuel and reducing CO2 emissions.
LPI (LP Information)' newest research report, the “Automotive Water Valves Industry Forecast” looks at past sales and reviews total world Automotive Water Valves sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Water Valves sales for 2023 through 2029. With Automotive Water Valves sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Water Valves industry.
This Insight Report provides a comprehensive analysis of the global Automotive Water Valves 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 Water Valves portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Water Valves market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Water Valves 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 Water Valves.
The global Automotive Water Valves market size is projected to grow from US$ 1054.6 million in 2022 to US$ 1200.4 million in 2029; it is expected to grow at a CAGR of 1200.4 from 2023 to 2029.
The major players in global Automotive Water Valves market include Mahle, Borgwarner, Qufu TEMB, etc. The top 3 players occupy about 35% shares of the global market. North America and China are main markets, they occupy about 50% of the global market. Traditional Type is the main type, with a share about 70%. Passenger Car is the main application, which holds a share over 70%.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Water Valves market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Traditional Type
Integrated Type
Electric Type
Segmentation by application
Passenger Car
Commercial Vehicle
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.
Mahle
Borgwarner
Qufu TEMB
Hanon Systems
Nippon Thermostat
Stant
Kirpart
Woco Group
Vernet
Fuji Seiko
Inzi
Ningbo Xingci Thermal
TAMA
Gates
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Water Valves market?
What factors are driving Automotive Water Valves market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Water Valves market opportunities vary by end market size?
How does Automotive Water Valves 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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