Automotive Tappet Market Industry analysis done By Technology (Manual and Automatic), Component (Compressor, Evaporator, Receiver and Condenser), Vehicle type (Passenger Car and Commercial Vehicle), and Regions.
Global Automotive Tappet Market Highlights:
Automotive tappet plays a crucial role in the functioning of the engine during movement. Its utility is manifold; it can allow camshaft movement, lessen the wear from the rotation, improves lubrication and many others. The global automotive tappet market is expecting a moderate CAGR during the forecast period (2017-2023), reveals Market Research Future (MRFR) in a much-detailed study which includes segmentation analysis and market factors that can provide a more understandable market scenario for coming years. In addition, it enhances the performance and lowers down fuel consumption of automotive which makes it a perfect choice for many manufacturers. Particularly, at a time when carbon emission has become a serious issue.
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Automotive Tappet Market Key Companies Studied in this report are: Denso Corporation (Japan), Hanon Systems (South Korea), Mitsubishi Heavy Industries Ltd.(Japan), and MAHLE GmbH (Germany). Valeo SA (France), Keihin Corporation(Japan), Calsonic Kansei Corporation (Japan), Samvardhana Motherson Group (India), Subros Limited (India), and SMAC Auto Air (New Zealand) are among others.
The ever-competitive market has several market players who involve themselves in strategic deployments that take the market forward. Their individual growth can collectively impact the global market. These tactics include merger, acquisition, collaboration, and other methods. For instance, Schaeffler India is merging their business with INA Bearings India and LuK India that can be beneficial for all three companies as this would enable them to strengthen their production capability. Whereas, in the U.S., it is the Tenneco that has taken over Federal-Mogul which can give birth to a new auto parts behemoth.
Market Segments Analysis:
The automotive tappet market is segmented based on type, engine capacity, and vehicle type.
On the basis of the type, the automotive tappet market is segmented based on flat and roller. The flat tappet segment is expected to dominate the tappet market over the forecast period due to increasing production of passenger cars in the emerging nations. The flat tappet further is used in both mid-sized vehicles as well as the commercial vehicle due to abilities to lower expenditure and increase fuel efficiency.
Based on engine capacity, the automotive tappet market is segmented based on 6 cylinders. Less than 4-cylinder segment is expected to dominate the market during the forecast period due to increasing emission regulations and growing demand for engine downsizing. This stringent government regulation for emission may result in the growth of the market during the forecast period.
Based on vehicle type, the automotive tappet market can be segmented into passenger car, light commercial vehicle (LCV), and heavy commercial vehicle (HCV).
Geographic analysis of the automotive tappet market includes North America, Asia Pacific (APAC), Europe, and Rest-of-the-World (RoW).
The APAC region is expected to dominate the global market during the forecast period. The region has emerging economies such as India, China, and Japan who are fueling the demand for automotive. The reason can be attributed to the vast population and many major companies sharing the location for their production unit. People are opting more for LCV which in a way, is ensuring the regional market.
North America is following the steps of the former and can retain its position during the forecast period. The region has already made a significant amount of investment in research and development for this product. This can impact the automotive tappet market considerably.
Market Research Future (MRFR) employs innovative statistical algorithms for gathering impactful market insights that can drive business decisions. An in-depth analysis of constantly evolving market trends combined with a study of historical data is leveraged for providing accurate competitive intelligence. The statistical observations made in our reports are backed by data procured through extensive primary and secondary research which include interviews with stakeholders, SEC filings, whitepaper references, annual reports of key players, etc. Top-down and bottom-up approaches are employed for authenticating the credibility of the market foresight delivered. A multi-layer verification process reaffirms the market size and revenue estimation. MRFR strives to provide reliable and transparent information that helps clients in developing growth strategies.
The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Stud
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4.2 Forward Collision Warning
4.3 Dynamic Brake Support
4.4 Crash Imminent Braking
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