Press release
Top Trends Transforming the Automotive Valves Market Landscape in 2025: TLX Technologies Launches Modular Valve Solutions for Enhanced EV Thermal Management
Automotive Valves
What Will the Automotive Valves Industry Market Size Be by 2025?
The market size of automotive valves has seen consistent expansion in the past few years. The market size is expected to rise from $31.44 billion in 2024 to $32.89 billion in 2025, with a compound annual growth rate (CAGR) of 4.6%. The increase during the previous period is due to factors like escalated global vehicle manufacturing, strict emission norms, heightened awareness of climate change, the surging acceptance of electric vehicles, and the rising demand for vehicles with high fuel efficiency.
What's the Long-Term Growth Forecast for the Automotive Valves Market Size Through 2029?
Over the upcoming years, the automotive valves market is poised for robust growth, with projections placing its worth at $41.35 billion by 2029, representing a compound annual growth rate (CAGR) of 5.9%. This forecasted surge can be traced back to several contributing factors, including the shift towards electric and hybrid vehicles, developments in autonomous vehicle technology, emphasis on reductions in weight alongside material advancements, the incorporation of intelligent valve technologies, and worldwide sustainability initiatives. The primary trends during this forecasted period center on weight reduction and material innovation, implementation of smart valve systems, global sustainability efforts, as well as the impact of digitalization and the Industry 4.0 movement.
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What Are the Key Growth Drivers Fueling the Automotive Valves Market Expansion?
The expansion of the automotive valves market is anticipated to be spurred by the increasing uptake of hybrid electric vehicles (HEVs). HEVs, which blend an internal combustion engine (ICE) propulsion system with an electric one, utilize automotive valves from both ICE and battery electric vehicles (BEVs). These valves - encompassing HVAC valves, solenoid valves, brakes combination valves, and tire valves - enhance the efficient operation of HEVs. As detailed in a January 2024 report by the U.S. Energy Information Administration Government Agency, hybrids, plug-in hybrids, and BEVs made up 16.3% of all new light-duty vehicle (LDV) sales in 2023, a rise from 12.9% in 2022. These vehicles hit their highest share of overall LDV sales in the latter half of 2023, at 17.9%. Consequently, the burgeoning use of HEVs is a key driver for the progression of the automotive valves market.
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What Are the Key Trends Driving Automotive Valves Market Growth?
Product advancements are an evolving trend within the automotive valve industry. Major players are concentrating on such innovations in order to maintain their market position. For instance, in June 2024, TLX Technologies, an American machinery production company, launched a distinct set of modular valve products designed explicitly for the thermal management systems of electric vehicles (EVs). These valves have been engineered to improve the efficacy of the cooling systems used in EVs by providing exact control over the coolant flow, thus enhancing battery functionality and overall vehicle safety. The inclusion of these modular therapies helps improve thermal management in electric vehicles, augmenting energy efficiency and prolonging the lifespan of essential elements such as batteries and electric motors. This innovative approach is a testament to TLX's commitment to cater to the burgeoning EV market with advanced, customised thermal management solutions.
How Is the Automotive Valves Market Segmented?
The automotive valves market covered in this report is segmented -
1) 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
2) By Propulsion and Component: Internal Combustion Engine (ICE), Electric Vehicle
3) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Buses, Truck
4) By Application: Engine System, HVAC System, Brake System, Other Applications
Subsegments:
1) By Engine Valves: Intake Valves, Exhaust Valves
2) By Air-Conditioner Valves: Expansion Valves, Service Valves
3) By Brake Valves: Proportioning Valves, Anti-lock Brake System (ABS) Valves
4) By Thermostat Valves: Mechanical Thermostat Valves, Electronic Thermostat Valves
5) By Fuel System Valves: Fuel Injectors, Fuel Pressure Regulator Valves
6) By Solenoid Valves: Normally Closed Solenoid Valves, Normally Open Solenoid Valves
7) By Exhaust Gas Recirculation (EGR) Valves: Vacuum EGR Valves, Electronic EGR Valves
8) By Tire Valves: Valve Stems, TPMS (Tire Pressure Monitoring System) Valves
9) By AT Control Valves (Automatic Transmission Control Valves): Pressure Control Valves, Shift Control Valves
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Which Companies Are Leading the Charge in Automotive Valves Market Innovation?
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.
Which Regions Are Leading the Global Automotive Valves Market in Revenue?
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.
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