2028 Vehicle Camshaft Industry Report Growth Forecasts

Stratistics MRC's Global Vehicle Camshaft Market value is expected to reach $3601.65 million growing at a CAGR of 13.39% during 2022-2028.

A vehicle's camshaft serves the purpose of transferring the rotating motion of the crankshaft into the oscillating motion of the follower through a cam profile, making it a crucial engine component. As the camshaft rotates, lobes (referred to as cams) push against the valves to open them; the valves' springs close the valves back up. This is a crucial task that can significantly affect how well an engine performs at various speeds.

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According to the region's rapidly expanding automotive industry, the Asia Pacific is predicted to hold a sizable market share in the global market for cars phase variators throughout the forecast period. Due to the low costs, several automakers are relocating their manufacturing facilities to growing economies like China and India. In addition, many automakers are importing automotive parts and components from the Asia Pacific region.

Some of the key players profiled in the Vehicle Camshaft Market include ThyssenKrupp, MAHLE, ESTAS, LACO, Musashi Seimitsu, Zhongzhou Group, Federal-Mogul, Xiyuan Camshaft, Riken, Kautex Textron (CWC), Seojin Cam, Precision Camshafts, Linamar, Shenglong, Schleicher Fahrzeugteile, Hejia Industry, Tongxin Machinery, Nippon Piston Ring, XILING Power.

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