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Automotive Valve Industry

Automotive Valve Industry

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Automotive Valve Industry

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  1. 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. Get Free Sample @ https://www.marketresearchfuture.com/sample_request/5815 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.

  2. 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. Access full Report @ https://www.marketresearchfuture.com/reports/automotive-valve-market-5815 About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

  3. Contact Market Research Future +1 646 845 9312 Email: sales@marketresearchfuture.com

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