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Automotive Valve: Camcon Auto's Novel Technology Set to Transform the Market Worldwide

The global automotive valve market is likely to gain impetus from their increasing usage in fuel-efficient engines. It is occurring because of the rising consumer preference to lower the size of the engines without changing their power. Besides, the governments of various countries are putting forward stringent norms and regulations regarding the safety of the environment. It is aiding the manufacturers in producing eco-friendly vehicles that is thereby, surging the demand for automotive valves.

They are utilizing novel technologies to produce valves. Also, rapid electrification of vehicles is set to fuel the market growth in the coming years. This information is given by Fortune Business Insights(TM) in an upcoming report, titled, "Automotive Valve Market Size, Share & Industry Analysis, By Product Type (Engine Valve, A/C Valve, Brake Combination Valve, Thermostat Valve, Fuel System Valve), By Application Type (Engine System, HVAC System, Brake System, Others (Body, Safety, Tire)), By Vehicle Type (Passenger Cars, LCV, HCV) Others and Regional Forecast, 2019-2026."

Gain More Insights into the Automotive Valve Market Research Report

https://www.fortunebusinessinsights.com/automotive-valve-market-102031

Fortune Business Insights(TM) lists out some of the most renowned organizations present in the automotive valves market. They are as follows:

Hitachi Automotive Systems Ltd.
Robert Bosch GmbH
Cummins, Inc.
Mando Corporation
Schrader Duncan Limited
Continental Ag
Aisan Industry Co., Ltd.
Denso Corporation
Calsonic Kansei Corporation
Tenneco Inc.
Rane Group
Valeo SA
Fte Automotive Group
Eaton Corporation PLC
Borgwarner Inc.
Delphi Automotive PLC
Fuji Oozx Inc.
Aisin Seiki Co., Ltd.
Hilite International, Inc.
Nittan Co., Ltd.
Jtekt Corporation
Federal-Mogul Corporation
Johnson Electric
Subros Ltd.
Sanhua Holding Group Co., Ltd.
Other key market players
Highlights of the Report:

Elaborate details about the automotive valve market trends, opportunities, and challenges.
In-depth information about the growth drivers and hindrances.
Competitive landscape, such as investments, mergers and acquisitions, latest product launches, collaborations, agreements, and contracts.
Data about all the regions present in the market.
Restraints-

Electric and hybrid vehicles require lesser valves unlike the traditional vehicles. It is expected to obstruct the automotive valve market growth in the near future. In addition to that, technologically advanced machines and raw materials required to make the valves are very expensive. The market is largely dependent upon the number of cylinders that are present in vehicles. But, utilization of cylinders is downsizing the engine of vehicles. Hence, consumers are not installing them. It would also pose as a barrier to growth.

Segment-

Solenoid Valve Segment to Lead Stoked by High Demand for Electric Vehicles

Based on product type, the market is fragmented into selective catalyst reduction (SCR) valve, thermostat valve, engine valve, automatic transmission (AT) control valve, A/C valve, exhaust gas recirculation (EGR) valve, tire valve, solenoid valve, fuel system valve, and brake combination valve. Amongst these, the solenoid valve segment is projected to dominate by procuring the highest automotive valve market share in the forthcoming years. This growth is attributable to the increasing shift of the masses towards electric vehicles.

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Regional Analysis-

Increasing Number of Automobile Manufacturers to Favor Growth in Asia Pacific

In terms of region, the market is divided into North America, Asia Pacific, Europe, and the rest of the world. Out of these, Asia Pacific is anticipated to generate the highest automotive valve market revenue during the forecast period. This growth is attributable to the increasing contribution of developing countries, such as China and India. They are considered to be the emerging hubs for automobile manufacturers on account of rising GDP, rapid industrialization, and urbanization. North America and Europe, on the other hand, are likely to follow the footsteps of Asia Pacific and remain in the second position owing to the strict government rules regarding carbon emission. Therefore, several pre-existing automobile manufacturers are persistently striving to maintain the emission standards provided by the government.

Competitive Landscape-

Key Players Focus on New Product Launches to Strengthen Position

The market consists of numerous small, medium, and big enterprises that are constantly working towards gaining more share and strengthening their positions by launching innovative products. One of the key industry developments is given below:

February 2020: Camcon Auto Ltd., a provider of digital valvetrains that improves performance and lowers emissions of passenger cars, based in England, introduced its state-of-the-art intelligent valve technology (IVT) to replace the camshaft with electronic actuators. It would enable precise and complete digital control over the air charge of an engine.


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Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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