Press release
Automotive Idle Air Control Valve Market to witness market growth at a rate of 13%, Industry Trends
An idle air control valve, also known as IAC, refers to the type of equipment that assists in altering the amount of air flowing into the engine when the engine of a stationary vehicle is running. Idling is when the automobile is not in motion, but the engine is running. This generally happens when the car is stopped for brief moments, such as stopping at a traffic light. During this time, the engine runs without any load other than engine accessories.View Detailed Report: https://www.databridgemarketresearch.com/reports/global-automotive-idle-air-control-valve-market
The automotive idle air control valve market is expected to witness market growth at a rate of 13% in the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive idle air control valve market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The increase in demand for various automotive vehicles globally is escalating the growth of automotive idle air control valve market.
The expansion of production in the automobile sector across the globe acts as one of the major factors driving the growth of idle air control valve market. The rise in the number of research and development initiatives leading to the development of new products and high focus of companies on reducing the overall weight of automobiles by integrating electronic components in place of manual components accelerate the market growth. The high usage in the end-use applications of the technology and automotive idle air control valve is playing an integral component in all vehicles further influence the market. Additionally, expansion of automotive sector, change in lifestyle, surge in disposable income, and increase in the sales and production of automobile vehicles positively affect the idle air control valve market. Furthermore, advancements in the automotive technology extend profitable opportunities to the market players in the forecast period of 2021 to 2028
The major players covered in the idle air control valve market report are AISIN SEIKI Co., Ltd., Mikuni Corporation., NINGBO MIDLAND AUTO PARTS CO.,LTD, Guangzhou Marvine Auto Parts Co., Ltd., Jiangsu Great Industrials (Group) Corp.Ltd., Tridon Australia, Ruian Fanwei Auto Parts Co.,Ltd., Wenzhou Guocheng Electrical Parts Co.,ltd., Ruian Kingway Auto Parts Manufacturing Co.,Limited, PUCHENG SENSORS(SHANGHAI)CO., LTD., Robert Bosch GmbH, BorgWarner Inc., Continental AG, EDELBROCK, LLC., GB Remanufacturing, Inc., DENSO CORPORATION., Hitachi Automotive Systems, Ltd., Kinsler Fuel Injection, Tenneco Inc., and RUIAN CITY YANGYU MOTOR VEHICLE PARTS Co.,Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Automotive Idle Air Control Valve Market Scope and Market Size
The idle air control valve market is segmented on the basis of type, end use and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the idle air control valve market is segmented into pulse solenoid valve type, rotary solenoid valve type, and stepping motor type.
On the basis of end-use, the idle air control valve market is segmented into light commercial vehicles, heavy commercial vehicles, passenger cars, two and three wheelers, and sports cars.
On the basis of distribution channel, the idle air control valve market is segmented into original equipment manufacturers (OEM) and aftermarket.
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