Press release
Automotive Proportioning Valves Market will rise due to rising demand for passenger cars and commercial vehicles
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Automotive proportioning valves are used to regulate the flow of brake fluid in a vehicle's braking system. They are typically located between the master cylinder and the brakes themselves, and are used to ensure that the correct amount of fluid is sent to the brakes when the pedal is depressed. Proportioning valves can be adjustable or non-adjustable, and are an important part of a properly functioning braking system.
Key Trends
Some of the key trends in automotive proportioning valves technology include the development of more compact and lightweight valves, the use of advanced materials to improve durability and performance, and the incorporation of features that improve ease of use and installation.
Additionally, manufacturers are continually striving to improve the accuracy and precision of proportioning valves to ensure that the correct amount of fluid is dispensed every time.
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Key Drivers
The key drivers of the Automotive Proportioning Valves market include the rising demand for passenger cars and commercial vehicles, the increasing production of vehicles, and the growing demand for aftermarket parts and accessories.
Moreover, the increasing popularity of online shopping and the availability of a wide range of products are also fuelling the growth of the Automotive Proportioning Valves market.
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Market Segments
The Automotive Proportioning Valves Market is segmented by product type, vehicle type, sales channel, and region. By product type, the market is divided into master cylinder-mounted automotive proportioning valves, load sensing automotive proportioning valves, and combination valve-mounted automotive proportioning valves. Based on vehicle type, it is bifurcated into conventional vehicles, passenger cars, mid-size cars, SUVs, and others. On the basis of sales channel, it is classified into original equipment manufacturer (OEM) and aftermarket. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Automotive Proportioning Valves Market includes players such as Wilwood Engineering, Inc., Knorr-Bremse AG, Baer Brakes, ACDelco, Veoneer-Nissin Inc., Emmerson Electric Co., IBARA SEIKI CO., LTD., Heidts Automotive LLC, General Motors, and Mopar.
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