Automotive Tappet Market 2020-2027 | Growing demand and document solutions to Boost Growth

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.

Key Players Operating in the Automotive Tappet Market Are: 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.

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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.

Growth of the Automotive Tappet Market:
The increasing demand for electric vehicles and hybrid vehicles is one of the major factor restraining the growth of the automotive tappet market. Electric vehicles offer great potential to significantly reduce air pollution, greenhouse gas, and other hazardous gas emissions. These electric vehicles do not require assembly of valves and tappet to enhance its engine performance. Electric and hybrid vehicles are witnessing high consumer demand, owing to reduction in environmental pollution and to enhanced vehicle efficiency.

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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. For instance, according to the Organisation Internationale des Constructeurs d'Automobiles (OICA), the total number of passenger cars sold in India was 2,966,637 units in 2016, and it increased to 3,227,701 units in 2017.

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