Global Mechanical Tappets Market Growth 2023-2029
Mechanical tappets are most commonly a component in an internal combustion engine which converts the rotating motion of the camshaft into linear motion of the valves, either directly or indirectly.
LPI (LP Information)' newest research report, the “Mechanical Tappets Industry Forecast” looks at past sales and reviews total world Mechanical Tappets sales in 2022, providing a comprehensive analysis by region and market sector of projected Mechanical Tappets sales for 2023 through 2029. With Mechanical Tappets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mechanical Tappets industry.
This Insight Report provides a comprehensive analysis of the global Mechanical Tappets 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 Mechanical Tappets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Mechanical Tappets market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mechanical Tappets 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 Mechanical Tappets.
The global Mechanical Tappets market size is projected to grow from US$ 428.2 million in 2022 to US$ 523.2 million in 2029; it is expected to grow at a CAGR of 523.2 from 2023 to 2029.
The classification of mechanical tappets includes flat tappet and roller tappet, and the proportion of flat tappet in 2019 is about 2/3. Mechanical tappets are widely used for passenger vehicle and commercial vehicle. Slightly off 2/3 mechanical tappets are used on passenger vehicle. Asia-Pacific region is the largest consumption region, with a consumption market share of nearly a half in 2019. Following Asia-Pacific, Europe registered a consumption market share of approaching 30% and the second largest consumption market.
This report presents a comprehensive overview, market shares, and growth opportunities of Mechanical Tappets market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Flat Tappet
Roller Tappet
Segmentation by application
Passenger Vehicle
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.
Schaeffler
Federal-Mogul
Johnson Lifters
SM Motorenteile
Otics Corporation
Rane Holdings
Eaton
Mahle
Nittan
Worldwide Auto-Accessory
SSV
Tian Gong
PPM
Fulin
Key Questions Addressed in this Report
What is the 10-year outlook for the global Mechanical Tappets market?
What factors are driving Mechanical Tappets market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Mechanical Tappets market opportunities vary by end market size?
How does Mechanical Tappets 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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