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Automotive Water Valves Market Size, Share and Forecast 2018 - 2028

Automotive Water Valves Market Size, Share and Forecast 2018 -

Automotive Water Valves Market: Introduction

The underlying principle of an automotive water valve is thermal management. Automotive water valves optimize the in-cabin temperature of a vehicle in conjunction with heat control. They help in controlling and regulating coolant flow in an automotive, which, in turn, reduces the heat-up phase for fuel and thus, saves the emission of carbon dioxide. Automotive water valves remove excess heat from the engine, maintain the engine operating temperature and bring the operating temperature of the engine to the required temperature.

Automotive Water Valves Market: Drivers and Challenges

Over the last decade, technological advancements in production, miniaturization and management systems have revolutionized the automotive industry. The automotive industry has witnessed significant growth opportunities in several emerging countries. On an average, the automotive industry has seen satisfactory growth and is anticipated to witness healthy growth during the forecast period. It is expected that emerging economies will surpass the growth of the industry standard over the projected period. This can be attributed to the stable economic conditions and inclination towards better standard of living, which in turn are predicted to reinforce the trade of automobiles and subsequently, augment the growth of the automotive water valves market.

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The increasing number of automobiles has forced the implementation of several governmental norms, which are further augmenting the demand for automotive water valves. Furthermore, the adoption of automotive water valves allows the combustion system of an engine to run at low emission efficiently as they regulate the operating temperature and maintain the load conditions.

However, increasing competition and digitalization are not enough for success. Only those players that can develop innovative technologies are expected to create market value share in the automotive water valves market in the future.

Global Automotive Water Valve Market: Segmentation

On the basis of product type, the global automotive water valve market has been segmented as:

Electromagnetic Automotive Water Valves
Electric Motor-Driven Automotive Water Valves
Pressure Automotive Water Valves
On the basis of vehicle, the global automotive water valve market has been segmented as:

Passenger Car
Commercial Vehicles
Electric Vehicles
Tractor
Forklift

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Automotive Water Valve Market: Regional Overview

Among all the regions, China is expected to dominate the automotive water valve market, owing to the fact that the country is a major producer of automotive parts and components and thus, a major manufacturer of automotive water valves. Also, the easy availability of low-cost raw materials for automotive water valves and the abundant availability of economic labor will drive the automotive water valve market. North America denotes a significant market share in the automotive industry and thus, the region is estimated to register robust demand in the automotive water valve market over the forecast period. The increasing inclination towards technically-developed product and cabin comfort is a key factor driving the trade of automotive water valves in Western Europe. Emerging economies such as those in the Middle East and Africa and South East Asia & Pacific are estimated to witness robust growth as a result of the shift of automotive part manufacturing facilities to these regions and their improved economic conditions. Further, European federal governments have integrated certain regulations regarding emission in their energy & climate program in order to maintain environmental and population safety, such as LCPD (Large Combustion Plant Directive) and TEHG (Greenhouse Gas Emission Trading Act), which in turn will augment the demand for automotive water valves in the global market over the projected period. Further, Japan has witnessed a significant decline in transport emission due to the implementation of stringent regulations. These regulations were imposed by the government bodies of Japan due to the increasing ageing population. This is a result of the noteworthy adoption of automotive water valves in vehicles, which is stipulated to retain the same momentum in the coming years.

Global Automotive Water Valve Market: Market Participants

Attributing to the presence of a vast number of local manufacturers, the automotive water valve market is a fragmented one and is expected to remain so throughout the forecast period. Examples of some of the market participants in the global automotive water valves market identified across the value chain include,

Johnson Electric Holdings Limited
MAHLE GmbH
Rotex Automation
VOSS Automotive GmbH
Jaksa Solenoid Valves
Bitron Industrie S.p.A
Hanon Systems
BorgWarner Inc.
Woco Industrietechnik GmbH
Vernet

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, France, U.K., Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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