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The future of the global automotive valves market looks promising with opportunities in passenger cars, light commercial vehicles and heavy commercial vehicles segments. The global automotive valves market is expected to grow with a CAGR of 4%-6% from 2021 to 2026. The major drivers for this market are growing electrification of vehicles, increasing vehicle production and sales, and increasing efficiency and performance of vehicles.
Emerging trends, which have a direct impact on the dynamics of the industry, include demand for advanced electronics components, advancement in technology and increasing adaption of the electric vehicle to enhance fuel efficiency.
A total of xx figures / charts and xx tables are provided in this more than 150 page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies’ researched and other details of the global automotive Valves market report, please download the report brochure.
The study includes a forecast for the global automotive valves market by product type, application, function, propulsion, vehicle type and region, as follows:
By Product Type [Value ($ Million) from 2015 to 2026]:
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Engine valves
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Air-conditioner valves
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Brake valves
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Thermostat valves
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Fuel system valves
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Solenoid valves
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Exhaust gas recirculation valves
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Tire valves
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Water valves
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AT control valves
By Application [Value ($ Million) from 2015 to 2026]:
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Engine System
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HVAC System
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Brake System
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Others
By Function [Value ($ Million) from 2015 to 2026]:
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Electric
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Pneumatic
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Hydraulic
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Others
By Propulsion [Value ($ Million) from 2015 to 2026]:
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Internal Combustion Engine (ICE)
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Electric Vehicle
By Vehicle Type [Value ($ Million) from 2015 to 2026]:
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Passenger Cars
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Light commercial Vehicles
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Heavy Commercial Vehicles
By Region [Value ($ Million) from 2015 to 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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APAC
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China
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India
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Japan
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ROW
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Middle East
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Brazil
Some of the automotive Valves companies profiled in this report include Robert Bosch GmbH, Continental AG, Denso Corporation, BorgWarner Inc., Schaeffler AG, Eaton Corporation, Federal-Mogul Corporation, MAHLE GmbH, Jinan Worldwide Auto-Accessory Limited ICP and Magna International Inc.
Lucintel forecasts that solenoid valves will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to the significant usage in standard vehicle applications such as motor starter, steering locking system, and fuel valve control, and it is fast in operation and is suitable for electronic functions such as door locking system and anti-lock braking system.
Within the global automotive valves market, the passenger cars segment is expected to witness the highest growth over the forecast period due to the rising demand for fuel-efficient vehicles and rising sales and production of the vehicles.
APAC is expected to remain the largest market and witness the highest growth rate over the forecast period due to the growing electrification of vehicles to uplift the demand for automotive valves. Japan and South Korea’s presence with their technological advancement, tremendous vehicle production in developing economies like China and India will fuel the automotive valves market in this region.
Features of the Global Automotive Valves Market
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Market Size Estimates: Global automotive valves market size estimation in terms of value ($M) shipment.
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Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments.
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Segmentation Analysis: Global automotive valves market size by various segments, such as by product type, application, function, propulsion and vehicle type in terms of value
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Regional Analysis: Global automotive valves market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
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Growth Opportunities: Analysis of growth opportunities in different by product type, application, function, propulsion, vehicle type and regions for the global automotive valves market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global automotive valves market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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This report answers following 11 key questions |
Q.1 What are some of the most promising growth opportunities for the global automotive valves market by product type (engine valves, air-conditioner valves, brake valves, thermostat valves, fuel system valves, solenoid valves, exhaust gas recirculation valves, tire valves, water valves and AT control valves), application (engine system, HVAC system, brake system and others), function (electric, pneumatic, hydraulic and others), propulsion (internal combustion engine and electric vehicle) vehicle type (passenger cars, light commercial vehicles and heavy commercial vehicles) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?
Q.5 What are the business risks and competitive threats in this market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the market?
Q.8 What are the new developments in the market and which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being taken by key players for business growth?
Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q.11 What M & A activity has occur in the last five years? |
Report Scope
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Key Features |
Description |
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Base Year for Estimation |
2020 |
Trend Period
(Actual Estimates) |
2015-2020 |
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Forecast Period |
2021-2026 |
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Pages |
210 |
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Market Representation / Units |
Revenue in US $ Million |
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Regional Scope |
North America (USA, Mexico, and Canada), Europe (Germany and United Kingdom), Asia (China, Japan, and India), and ROW (Middle East and Brazil) |
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Report Coverage |
Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling |
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Market Segments |
Product Type (Engine Valves, Air-Conditioner Valves, Brake Valves, Thermostat Valves, Fuel System Valves, Solenoid Valves, Exhaust Gas Recirculation Valves, Tire Valves, Water Valves and At Control Valves), Application (Engine System, HVAC System, Brake System and Others), Function (Electric, Pneumatic, Hydraulic and Others), Propulsion (Internal Combustion Engine and Electric Vehicle) Vehicle Type (Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles) |
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Customization |
10% Customization without Any Additional Cost |