Automotive Tappet Market Explore Future Growth: Schaeffler Technologies AG & Co. KG, SKF, Eaton Corporation Plc., Federal-Mogul Corporation, NSK Ltd., Crower Cams & Equipment Company, Inc., Competition Cams Inc., SM Motorenteile GmbH, Valve Limited, and W

Automotive tappets are also referred as valve lifter or cam follower. It is a component that interposed between the tappet lifting mechanism and camshaft lobe. The tappet help in passing the linear motion to other components of the vehicle. It is widely used in internal combustion engine, as it is used for adjusting the overall clearance in the valve actuation system, which in turn allows the camshaft to move vertically while rotating the camshaft in the vertical motion.

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Increasing demand for high performances vehicles is one of the major factor driving growth of the automotive tappet market

Major factor attributing to growth of the market is increasing demand for the racing cars and high performance cars such as BMW, Audi, and Volkswagen. For instance, according to the Coherent Market Insights, the total number of BMW car sold in 2015, was 1.9 million units worldwide. These high performance automobiles and racing cars find substantial application of VVT technology. It enhances the performance through variation in the valve timings and changing the duration of the valves when the engine is in operation.

The flat tappets is estimated to be the largest segment during the forecast period.

The flat tappets segment is projected to account for the largest market share in the automotive tappet market, owing to increasing demand for flat tappet due to its cost effective and fuel-efficient characteristics, which is propelling its demand in economic and mid-priced vehicles as well as commercial vehicles.

Global Automotive Tappet Market: Key Trends

High-performance vehicles or racing car engines require high RPM, a standard mechanical camshaft that inadvertently impacts the output capacity of the engine. Thus camshaft manufacturers are adopting new methods and technologies that help in converting the conventional mechanical movements of the camshaft to dynamic cam rotations as per the engine requirement. Therefore, automakers are inclined towards Hydraulic Flat Tapper Camshaft (HFTC), a camshaft used in the high-performance vehicles. Hydraulic tappets camshafts work with an internal cushion of pressurized oil.

Global Automotive Tappet Market: Regional Insights

The automotive tappets market is projected to witness significant growth in Asia Pacific region during the forecast period (2018 – 2026). Emerging countries such as India and China are major growth engine of the market, owing to increasing sales of passenger and commercial vehicles, which is driving growth of the market in this region.

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Global Automotive Tappet Market: Competitive Landscape

Key players operating in the automotive tappet market include Schaeffler Technologies AG & Co. KG, SKF, Eaton Corporation Plc., Federal-Mogul Corporation, NSK Ltd., Crower Cams & Equipment Company, Inc., Competition Cams Inc., SM Motorenteile GmbH, Valve Limited, and Wuxi Xizhou Machinery Co., Ltd.

Global Automotive Tappet Market: Taxonomy

By Product Type

• Flat Tappet
• Roller Tappet

By Engine Capacity Analysis

• 6 Cylinder

By Vehicle Type

• Heavy Commercial Vehicle
• Light Duty Vehicle

By End User

• Economic Passenger Cars,?_
• Luxury Passenger Cars
• Mid-Priced Passengers Cars

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East
• Africa

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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This release was published on openPR.