Press release
Key Trend Reshaping the Automotive Valves Market Share in 2025: TLX Technologies Launches Modular Valve Solutions for Enhanced EV Thermal Management
Automotive Valves Market Share
The increased popularity and acceptance of hybrid electric vehicles (HEVs) is predicted to stimulate the expansion of the automotive valves market in the future. A hybrid electric vehicle (HEV) integrates an internal combustion engine (ICE) propulsion system and an electric propulsion system. Automotive valves employed in both ICE and battery electric vehicles (BEV) models are utilized in HEVs. These include HVAC valves, solenoid valves, brake combination valves, and tire valves, all contributing to the smooth operation of HEV. For instance, a report published by the U.S. Energy Information Administration Government Agency in January 2024 highlighted that in 2023, hybrids, plug-in hybrids, and BEVs represented 16.3% of all new light-duty vehicle (LDV) sales, an increase from 12.9% in 2022. The proportion of these vehicles reached a high point, amounting to 17.9% of total LDV sales in the latter half of 2023. Consequently, the escalating uptake of hybrid electric vehicles (HEVs) is fueling the progress of the automotive valves market.
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What Is the projected market size and growth rate for the automotive valves market?
There has been a consistent expansion in the size of the automotive valves market in recent times. It is projected to inflate from a valuation of $31.44 billion in 2024 to an estimation of $32.89 billion in 2025, witnessing a compound annual growth rate (CAGR) of 4.6%. The enlargement during the historical period can be credited to the surge in worldwide vehicle production, rigid emission norms, consciousness about climate change, increased acceptance of electric vehicles and the requirement for fuel-efficient vehicles.
In the forthcoming years, the automotive valves market is projected to experience robust growth, expanding to an estimated worth of $41.35 billion in 2029 with a compound annual growth rate (CAGR) of 5.9%. The anticipated surge during the forecast period is largely due to the shift towards electric and hybrid vehicles, progress in self-driving vehicles, the emphasis on lightweight and innovative materials, the inclusion of intelligent valve technologies, and worldwide sustainability efforts. Significant trends anticipated during the forecast period encompass the focus on lightweight and material innovations, the integration of intelligent valve technology, global sustainability initiatives, and the impact of digitalization and Industry 4.0.
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What new trends are reshaping the automotive valves market and its opportunities?
The focus on product innovations is a predominant trend noticeable in the automotive valve market. Big industry players are dedicating resources towards innovative product developments to maintain their market standing. To exemplify, TLX Technologies, a machinery manufacturer based in the USA, in June 2024, launched a new line of modular valve products tailor-made for Electric Vehicle (EV) thermal management systems. These specially engineered modular valves enhance the effectiveness of EV cooling systems by providing accurate control over coolant flow, thereby improving battery performance and overall vehicle safety. These modular solutions contribute towards optimizing thermal management in electric vehicles and help improve energy efficiency and extend the longevity of essential components like batteries and electric motors. TLX's innovation underscores its commitment to bolstering the growing EV market with advanced and adaptable thermal management solutions.
What major market segments define the scope and growth of the automotive valves market?
The automotive valves market size has grown steadily in recent years. It will grow from $31.44 billion in 2024 to $32.89 billion in 2025 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to rising global vehicle production, stringent emission standards, climate change awareness, growing adoption of electric vehicles, demand for fuel-efficient vehicles.
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Which region dominates the automotive valves market?
Asia-Pacific was the largest region in the automotive valves market share in 2024. The regions covered in the automotive valves market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the automotive valves industry growth?
Major companies operating in the automotive valves market are Denso Corporation, Robert Bosch GmbH, Continental AG, Eaton Corporation, Aisin Seiki Co. Ltd., Schaeffler AG, Mahle Group, BorgWarner Inc., Federal-Mogul Holdings LLC, Hitachi Automotive Systems, Johnson Electric, FTE Automotive, Knorr-Bremse AG, Valeo SA, Mikuni Corporation, Hilite International, Rheinmetall Automotive AG, ElringKlinger AG, Magna International Inc., Camshaft Machine Company, GKN Driveline, AVK Holding A/S, Cummins Inc., Tenneco Inc., Dana Incorporated, WABCO Holdings Inc., Rotex Automation, Fujikiko Co. Ltd.
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What Is Covered In The Automotive Valves Global Market Report?
• Market Size Forecast: Examine the automotive valves market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the automotive valves market for a structured understanding.
• Key Players Overview: Analyze major players in the automotive valves market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automotive valves market.
• Segment Contributions: Evaluate how different segments drive overall growth in the automotive valves market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automotive valves market.
• Industry Challenges: Identify potential risks and obstacles affecting the automotive valves market.
• Competitive Landscape: Review strategic developments in the automotive valves market, including expansions, agreements, and new product launches.
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