Uploaded on Nov 30, 2020
Automotive Valve Industry
Automotive Valve Industry
Summary
Automotive Valve Industry 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) - Forecast 2023
Market Overview
Market Research Future (MRFR) expects a promising growth for the Automotive Valve Industry
2020 at a significant rate between 2017 and 2023 (assessment period). We will provide COVID-19
impact analysis with the report, along with all the key developments since the coronavirus disease
outbreak.
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Furthermore, the surge in the regulations and rules imposed by governments as well as ruling
authorities pertaining to environment safety are prompting manufacturers to develop efficient and
eco-friendly vehicles, which boosts the demand for automotive valves. Apart from this, many of the
renowned players are coming up new product launches and innovations that can help them boost
their market position.
For instance, in July 2020, Kawasaki launched its latest KX250 with various enhancements, some of
which are large-diameter exhaust and intake valves, which facilitate more air as well as strengthened
strong power.
Renowned Industry Companies
Some of the renowned industry companies are Cummins Inc. AG (Germany), Automotive Valves Pvt.
Ltd. (India), Nextech Engineering (India), Aisin Seiki Co., Ltd. (Japan), Federal-Mogul (U.S.), Valeo
S.A. (France), Delphi Automotive (U.K.), SSV Valves (India), AVR Valves Pvt. Ltd. (India), SMB Engine
Valves (India), Continental BorgWarner (U.S.), Robert Bosch GmbH (Germany), Johnson Electric
Group (Hong Kong), Denso Corporation (Japan), and more.
Recent News
June 2020
Triumph Group has entered a four-year long contract to provide hydraulic valves to Lockheed Martin.
Triumph will be providing hydraulic utility actuation/HUA valves, which will part of the F-35
program.
Market Segmentation
The Automotive Valve Industry can be considered for product, function, application as well as
vehicle type.
The products mentioned in the market study include EGR valve, solenoid, engine valve, brake
combination valve, and more. Solenoid segment can head the global market during the assessment
period as these products are user-friendly and are lightweight.
The segments depending on function include pneumatic, electric and hydraulic. The market is
projected to be led by the electric segment owing to the better efficiency benefit of this particular
valve.
The primary applications of automotive valve are Brake, HVAC and Engine. Between these, the
engine application is set to be the leading segment as valves help stop or allow the fluid flow in
engines.
Regional Insight
The automotive valve industry can be regionally distributed with respect to North America, Asia
Pacific/APAC, Europe, and RoW/Rest of the World.
Over the coming years, APAC can most likely be the market leader as the production of commercial
and passenger vehicles has increased drastically in recent years. MRFR expects China to be the
most profitable market in the region, given the rise in the number of automotive OEMs shifting their
manufacturing hubs in the country, which is leading to surge in the production of vehicles. This can
be a favorable scenario when it comes to the demand of valves. Also, the ring automation trend and
the frequent advancements in technology also favor the automobile valves market in this region.
North America can potentially take the second lead in the global market as a result of the rising sale
of the latest vehicle models, which can result in the expansion of the auto components supplier pool
here. The high spending by automakers on innovation and researches can also be beneficial for the
Automotive Valve Industry in North America. The escalating preference for low emission
automobiles has also caused a rise in the demand for automotive valves, which means excellent
growth prospects in the following years.
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