Pune, India -- (SBWIRE) -- 07/20/2018 -- Automotive Valve Market 2018

Automotive Valve Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023

Automotive Valve Market Information, by Product (Solenoid, EGR Valve, Brake Combination Valve, Engine Valve, and Others), Function (Hydraulic, Pneumatic, Electric), Application (Engine, Brake, HVAC), and Vehicle Type (Passenger Car, Commercial Vehicle)

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Market Highlights:

The automotive valve market has significantly benefitted from the global vehicle production boom across the globe. Increasing demand for fuel efficiency combined with the original equipment manufacturers aim to develop high-quality products to acquire a greater market share, complement each other, and result in high growth rate in the automotive valve market. Increasing popularity of hybrid vehicles has provided additional scope of growth in the automotive valve market during the forecast period.

The automotive valve market is segmented based on product, function, application, and vehicle type. On the basis of product, the market is segmented as solenoid, EGR valve, brake combination valve, engine valve, and others. Solenoid segment is expected to dominate the market during the forecast period because it is safe in use and have lightweight property. On the basis of function, the market is segmented as hydraulic, pneumatic, and electric. Electric segment is expected to dominate the market due to increase efficiency provided by the use of this valve. On the basis of application, the market is segmented as Engine, Brake, and HVAC. Engine segment is expected to dominate the market because they are most widely used in engine to allow or stop the flow of fluid.

On the basis of region, the market is segmented as North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to account for the largest market due to increase in the demand of valve in the vehicles in order to improve the fuel efficiency. There has been an increase in the production of passenger and commercial vehicles in Asia Pacific, due to which the demand for valve has been increasing. In Asia Pacific, China is expected to dominate the market during the forecast period due to increased investment by the auto manufacturers in research and development. There has been an increase in the investment from FDI in Asia Pacific, due to which the demand for valve from the automotive manufacturers has increased. This will result in the growth of the market during the forecast period. North America is expected to be the second largest region due to the increase in the disposable income. This has altered the buying criteria. The automotive market in U.S. is witnessing low-interest rates and low fuel rate, due to which there has been an increase in the buying of vehicles. The increase in the sales of new vehicles has led to the growth of market in this region. Europe is expected to be the third largest growing region due to increased demand for lightweight components, among automotive manufacturers. This will improve the fuel efficiency, leading to the growth of the automotive valve market in future.

Scope of the Report

This study provides an overview of the Global Automotive Valve Market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Automotive Valve Market by its Active Technology, Passive Technology, Fuel Used, Offering, Vehicle Type and Region.

By Product
Solenoid

Egr valve

Brake combination valve

Engine valve

Others

By Function
Hydraulic

Pneumatic

Electric

By Application
Engine

Brake

HVAC

By Vehicle Type
Passenger Vehicle

Commercial Vehicle

By Region
North America

Europe

Asia Pacific

Rest of the World

Key Players

The key players in automotive valve market are Continental AG (Germany), BorgWarner (U.S.), Denso Corporation (Japan), and Delphi Automotive (U.K.), Cummins Inc., Valeo S.A. (France), and Robert Bosch GmbH (Germany). Aisin Seiki Co., Ltd. (Japan), Federal-Mogul (U.S.), Johnson Electric Group (Hong Kong), Automotive Valves Pvt. Ltd. (India), SSV Valves (India), AVR Valves Pvt. Ltd. (India), Nextech Engineering (India), and SMB Engine Valves (India) are among others.

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