Uploaded on Jun 5, 2020
Automotive Valve Market Growth
Automotive Valve Market Growth
Summary
Automotive Valve Market Growth 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)
Automotive Valve Market Growth Overview
The growing automotive sector in these countries has been driven by the favorable industrial regulations
and legislations encouraging automotive manufacturers to set up plants in the countries. As well as
creating jobs in the respective countries, customers in the countries have benefited from cheaper prices
and better customer service as a result. This is likely to remain the major driver for the global automotive
valves market over the forecast period.
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Competitive Analysis
Leading players in the global automotive valves market include SMB Engine Valves, Nextech Engineering,
AVR Valves Pvt. Ltd., SSV Valves, Automotive Valves Pvt. Ltd., Johnson Electric Group, Federal-Mogul, Aisin
Seiki Co. Ltd., Robert Bosch GmbH, Valeo SA
Segmentation
The global Automotive Valve Market Growth is segmented based on product, function, application,
vehicle type, and region.
On the basis of product, the global COVID-19 Impact is segmented into solenoid, EGR valve, brake
combination valve, engine valve, and others. The solenoid segment is expected to dominate the market
during the forecast period due to its light weight and operational safety.
On the basis of function, the market is segmented into hydraulic, pneumatic, and electric. Electric
automotive valves are expected to dominate the global market due to their higher efficiency.
Regional Analysis
Asia Pacific dominates the global automotive valves market and is likely to remain the leading revenue
generator over the forecast period due to the growing automotive industry in the region. China is likely
to remain the leading national market due to the steady growth of the automotive industry in the country.
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