Press release
Automotive Tappet Market Analysis: $11.05 Billion by 2029 With a CAGR of 4.4%
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.Automotive Tappet Market Value Projection: How Much Will the Market Size by 2025?
The automotive tappet market has seen a steadfast progression over the recent years. The market which is projected to transition from a value of $8.95 billion in 2024 to an amount of $9.3 billion in 2025, shows a Compound Annual Growth Rate (CAGR) of 3.9%. This elevation in the past period is a result of the increased adoption of Hydraulic Flat Tapper Camshaft (HFTC), a surging demand for flat-tappet, the rise of hybrid and battery-powered vehicles, and an overall growth in the automobile demand.
What Will Be the Market Growth Forecat for Automotive Tappet in 2029?
The size of the automotive tappet market is projected to undergo consistent expansion in the coming years, rising to a value of $11.05 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 4.4%. Factors contributing to this predicted increase during the forecasted period include the surging sales of passenger and commercial vehicles, escalating demand for electric and fuel-efficient vehicles, and burgeoning aftermarket opportunities. Key trends anticipated during the forecasted period encompass the uptake of variable valve timing (VVT) mechanisms, advancements in the field of lubricant technology, the advent of cleaner technologies, technological progression in hydraulic flat tapper camshaft (HFTC), and innovations in engine development.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/automotive-tappet-global-market-report
What Are the Core Competitive Drivers in the Automotive Tappet Industry?
The growth of the automotive tappet market is anticipated to be pushed forth by the rise in sales of passenger vehicles. Most often used for personal or non-commercial transportation, passenger vehicles encompass cars, SUVs, minivans, and other such vehicles, with the ability to seat 8 or less people excluding the driver. The surge in passenger vehicle sales can be attributed to factors like better financing options, urbanization, advancements in vehicle technology, and the introduction of new models that boast of improved fuel efficiency and safety features. Automotive tappets play a crucial role in improving engine performance and fuel consumption, providing a smoother and more powerful drive that elevates the vehicle's appeal to potential buyers. This in turn increases the sales of passenger vehicles. For example, Automotive Statistics, a Canada-based agency, reported in April 2024 that the number of registered road motor vehicles in Canada rose to 26.3 million in 2022, marking a 0.3% increase from 2021. Therefore, the sales boost in passenger vehicles is a key driver of the automotive tappet market.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18239&type=smp
Which Automotive Tappet Market Segment Is Projected to See the Fastest Growth?
The automotive tappet market covered in this report is segmented -
1) By Product: Flat Tappet, Roller Tappet
2) By Engine Capacity Analysis: 6 Cylinder
3) By Material: Steel, Aluminum
4) By Vehicle: Heavy Commercial Vehicle, Light Duty Vehicle
5) By Distribution Channel: Original Equipment Manufacturer, After market
Subsegments:
1) By Flat Tappet: Solid Flat Tappet, Hydraulic Flat Tappet, Mechanical Flat Tappet
2) By Roller Tappet: Hydraulic Roller Tappet, Mechanical Roller Tappet, Needle Roller Tappet, High-Performance Roller Tappet
Which Trends Are Opening New Opportunities in the Automotive Tappet Market?
Key players in the automotive tappet market, like Schaeffler, are making significant investments in their manufacturing capacities with the intent to produce top-notch, high precision tappets that satisfy demanding performance and durability benchmarks, thus ensuring superior engine efficiency and lifespan. A new facility equipped with advanced technology, along with Schaeffler's in-house tools and machinery, has been planned for this objective. As an illustrative example, Schaeffler, a German firm renowned for automotive tappet manufacturing, allocated $230 million in February 2024 for a new greenfield facility in Dover, Ohio. The projected outcome of this development by 2032 is the creation of approximately 450 jobs and the initiation of modern production lines specifically for electric axles for light and medium-duty vehicles. Alongside innovation, the company also emphasizes on sustainability, ensuring that the facility adopts environmentally friendly procedures in accordance with Schaeffler's dedication to ecological accountability and its target of attaining climate neutrality by 2040.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=18239&type=smp
Who Are the Leaders in the Automotive Tappet Market?
Major companies operating in the automotive tappet market are Delphi Technologies PLC, Robert Bosch GmbH, Denso Corporation, Continental AG, Aisin Seiki Co. Ltd., Eaton Corporation PLC, Tenneco, Schaeffler AG, Otics Corporation, MAHLE GmbH, Dana Incorporated, AB SKF, NSK Ltd., Federal-Mogul Corporation, Rheinmetall Automotive AG, Melling Industries, Elgin Industries, Yuhuan Huiyu Tappets Co. Ltd., Crower Cams & Equipment Co., SSV Valves, Cloyes Gear and Products Inc., Howards Cams, Dura-Bond Bearing Company, SM Motorenteile GmbH
Which Regional Automotive Tappet Markets Offer the Greatest Growth Potential?
Asia-Pacific was the largest region in the automotive tappet market in 2024. The regions covered in the automotive tappet market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Tappet Market Analysis: $11.05 Billion by 2029 With a CAGR of 4.4% here
News-ID: 4174955 • Views: …
More Releases from The Business Research Company

Rail Logistics Industry Expected to Reach $296.76 Billion by 2029 at 2.8% CAGR
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Rail Logistics Market Value Projection: How Much Will the Market Size by 2025?
The size of the rail logistics market has seen consistent growth in the past few years. It is predicted to rise from a value of $256.85 billion in 2024 to $265.53 billion in 2025, reflecting a compound annual…

Crate Engines Industry Expected to Reach $34.46 Billion by 2029 at 5.3% CAGR
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Crate Engines Market Value Projection: How Much Will the Market Size by 2025?
The market size for crate engines has witnessed robust growth in the recent past. The projection shows that it will rise from $26.58 billion in 2024 to reach $28.07 billion in 2025, achieving a compound annual growth rate…

Global Lane Keep Assist System And Adaptive Cruise Control Market Worth $27.63 B …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Lane Keep Assist System And Adaptive Cruise Control Market Outlook: What Size And CAGR Are Anticipated By 2025?
The market size for the lane keep assist system and adaptive cruise control has been expanding swiftly in recent times. Its growth trajectory is set to continue, increasing from $16.66 billion in…

Headlight Market to Grow at 6.7% CAGR, Reaching $10.55 Billion by 2029
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Headlight Market Outlook: How is the Market Expected to Grow by 2025?
The size of the headlight market has experienced substantial growth in the past few years. It is projected to increase from $7.72 billion in 2024 to $8.14 billion in 2025, reflecting a compound annual growth rate (CAGR) of…
More Releases for Tappet
Rising Passenger Vehicle Sales Propel Automotive Tappet: Key Factor Driving The …
The Automotive Tappet Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Automotive Tappet Market Size During the Forecast Period?
The automotive tappet market has seen significant growth in recent years. It will grow from $8.95 billion in 2024 to $9.42 billion in…
Rising Passenger Vehicle Sales Propel Automotive Tappet: A Key Factor Shaping th …
What Are the Projections for the Size and Growth Rate of the Automotive Tappet Market?
The size of the automotive tappet market has seen significant growth in the past few years. The market is expected to expand from $8.95 billion in 2024 to $9.42 billion in 2025 at a Compound Annual Growth Rate (CAGR) of 5.3%. The surge in the historical period can be credited to the increasing acceptance of hydraulic…
Global Tappet Market Insights and Forecast Till 2032
Key Market Insights:
Market Overview:
A tappet, an integral component of internal combustion engines, plays a crucial role in the mechanical engineering and automotive sectors. These small, cylindrical parts work in conjunction with the camshaft, ensuring the precise timing and regulation of valve activities necessary for fuel intake, combustion, and exhaust expulsion. The performance, efficiency, and emissions of an engine are heavily dependent on the precise operation of tappets.
-------------------------------------------------------------------------------------------------------------------
REQUEST A $1000 DISCOUNT…
Tappet Market Growth Forecast till 2030
According to Ameco Research 'Tappet Market report, the analysts took this into account when estimating the Tappet Market size and CAGR for the respective industry. The report's author has thoroughly examined the market and concluded that the Tappet Market 's growth will level off in the coming years. In addition to that, the prominent qualitative information added in the report includes Tappet Market trends, segmentation, key…
Tappet Market CAGR Report 2022 - 2030
The Global Tappet Market Size was valued for USD 8.7 Billion in 2021 and is anticipated to reach USD 12.2 Billion by 2030 with a CAGR of 3.9% from 2022 to 2030.
The Tappet Market focuses on the demand and applications of tappets, also known as cam followers or valve lifters. These are essential components in internal combustion engines, playing a pivotal role in ensuring the smooth operation of the valve…
Tappet Market Size to Reach USD 14 Billion 2030
Exclusive Report by Ameco Research: Tappet Market Size Projected to Reach USD 14 Billion by 2030, Growing at 4.70% CAGR
Ameco Research is proud to announce the launch of its latest market research report, Tappet Market. This comprehensive report provides in-depth analysis and insights into the current market trends and future projections in the Industry/Market Segment. Ameco Research has been at the forefront of providing quality market research reports to…