Press release
Automotive Valves Global Market By Product Type, By Application, By Vehicle Type, By Propulsion, Opportunity Analysis And Industry Forecast, 2023-2032 | Robert Bosch GmbH, Continental AG, Denso Corporation, BorgWarner Inc., Schaeffler AG
Automotive Valves Market Size, Growth Rate, And Forecast
The global automotive valves market is expected to grow from $28.64 billion in 2022 to $30.02 billion in 2023 at a compound annual growth rate (CAGR) of 4.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive valves market is expected to grow to $35.69 billion in 2027 at a CAGR of 4.4%.
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Automotive Valves Market Drivers
The growing adoption of hybrid electric vehicles (HEVs) is expected to propel the growth of the automotive valves market going forward. A hybrid electric vehicle (HEV) is a vehicle that combines an internal combustion engine (ICE) propulsion system with an electric propulsion system.
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Automotive Valves Market Segments
• By Product Type: Engine Valves, Air-Conditioner Valves, Brake Valves, Thermostat Valves, Fuel System Valves, Solenoid Valves, Exhaust Gas Recirculation Valves, Tire Valves, AT Control Valves
• By Propulsion and Component: Internal Combustion Engine (ICE), Electric Vehicle
• By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Buses, Truck
• By Application: Engine System, HVAC System, Brake System, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Automotive valves market.
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Automotive Valves Market Key Players
Major competitors in the Automotive valves market include Robert Bosch GmbH, Continental AG, Denso Corporation, BorgWarner Inc., Schaeffler AG, Eaton Corporation plc., Federal-Mogul Corporation, MAHLE GmbH, Jinan Worldwide Auto-Accessory Limited ICP, Magna International Inc., SSV Valves, G&S Valves, Crown International, IVAM srl, Valeo S.A., Aptiv PLC., Tenneco, and Cummins Inc.
The Business Research Company's "Global Automotive Valves Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The Automotive Valves Market Include:
1. Executive Summary
2. Automotive Valves Market Characteristics
3. Automotive Valves Market Trends And Strategies
4. Automotive Valves Market - Macro Economic Scenario
5. Automotive Valves Market Size And Growth
.....
26. Africa Automotive Valves Market
27. Automotive Valves Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Valves Market
29. Automotive Valves Market Future Outlook and Potential Analysis
30. Appendix
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