Press release
Automotive Cam Followers Market Value to Reach USD 9.23 Billion by 2030, Growing at 3.53% CAGR
The global Automotive Cam Followers Market was valued at USD 6.97 billion in 2022 and is projected to grow to around USD 9.23 billion by 2030, at a CAGR of 3.53% during the forecast period 2023-2030.Automotive cam followers, also known as automatic tappets or hydraulic lifters, are critical components in internal combustion engines. Their primary role is to maintain precise valve clearance, improve engine performance, and reduce friction. With advancements in engine technologies, modern cam followers now operate using hydraulic systems, enhancing performance and reducing maintenance requirements.
Access a Sample Report with Full TOC and Figures @ https://www.zionmarketresearch.com/sample/automotive-cam-followers-market-size
Key Market Insights
Market size expected to grow from USD 6.97 billion (2022) to USD 9.23 billion (2030).
CAGR projected at 3.53% between 2023 and 2030.
Knife-edge followers segment to dominate by type.
Oscillating camshaft followers to lead based on motion.
V-line engines to account for the largest share by engine type.
North America is expected to remain the dominant regional market.
Market Drivers
Automotive industry expansion: Rising global vehicle production and modernization of internal combustion engines drive demand.
Efficiency push: Growing adoption of advanced valvetrain systems to meet fuel efficiency and emission standards.
Consumer preference for eco-friendly vehicles: Automakers increasingly focus on engine technologies that reduce emissions while improving performance.
Industry M&A activity: For example, in March 2023, Nachi-Fujikoshi acquired NSK's cam follower business to expand its portfolio and strengthen its market position.
Market Restraints
Rising EV adoption: Electric vehicles do not require valvetrain systems, posing a long-term challenge for the cam follower market.
Shifting regulations: As governments promote EV adoption and stricter emissions standards, the demand for traditional IC engine components may gradually decline.
Opportunities
Retrofitting & aftermarket demand: Older IC engine vehicles still present a large aftermarket potential for replacement and retrofitted cam followers.
Innovation potential: Manufacturers developing advanced and easy-to-install cam followers for retrofitting (e.g., Nachi-Fujikoshi's new 2023 cam followers) can capture untapped opportunities.
Challenges
Intense competition: Numerous players compete in design, pricing, and innovation.
Need for constant R&D: Technological upgrades and product innovation are essential for market players to stay competitive.
Segmentation Snapshot
By Type: Needle cam follower, Flat cam follower, Knife edge follower (dominant), Roller cam follower, Spherical follower.
By Motion: Oscillating (dominant), Translating.
By Engine Type: Inline, V-Line (dominant).
By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Want to know more? Read the full report here: https://www.zionmarketresearch.com/report/automotive-cam-followers-market-size
Regional Outlook
North America: Expected to dominate due to a strong automotive industry, stringent emission norms, and demand for high-performance vehicles.
Europe: Driven by sustainability goals, strict CO2 regulations, and leading automakers adopting efficient engine technologies.
Asia Pacific: Fastest growth anticipated, fueled by rising vehicle production in China, India, and Japan.
Competitive Landscape
Key players shaping the global Automotive Cam Followers Market include:
Carter Manufacturing Ltd.
AB SKF
National Precision Bearing Group
Schaeffler Technologies AG & Co. KG
Federal-Mogul LLC
RBC Bearings Inc.
Delphi Automotive LLP
THK Co. Ltd.
Crower Cams & Equipment Company Inc.
These players are focusing on product innovation, acquisitions, and aftermarket expansion to strengthen their market positions.
📌 The global automotive cam followers market is set for steady growth as the automotive sector continues to demand efficient, high-performance valvetrain systems. Despite the EV shift, opportunities in retrofitting and aftermarket will sustain industry demand through 2030.
Click On This Below Link to See Similar Reports :
Transition Metal Dichalcogenides Market Size, Share, Trends, Growth 2034 : https://www.zionmarketresearch.com/report/transition-metal-dichalcogenides-market
Dental Insurance Market Size, Share, Trends, Growth, Forecast 2034 : https://www.zionmarketresearch.com/report/dental-insurance-market-size
Plus Size Clothing Market Size, Share, Trends, Growth & Forecast 2034 : https://www.zionmarketresearch.com/report/plus-size-clothing-market
Amusement Machine Market Size, Share, Trends, Growth & Forecast 2034 : https://www.zionmarketresearch.com/report/amusement-machine-market
Live Streaming Market Size, Share, Trends, Growth and Forecast 2034 : https://www.zionmarketresearch.com/report/live-streaming-market
Asia Pacific Office
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
📞 US OFFICE NO +1 (302) 444-0166
📞 US/CAN TOLL FREE +1-855-465-4651
📧 Email: sales@zionmarketresearch.com
🌐 Website: www.zionmarketresearch.com
In addition to providing our clients with market statistics released by reputable private publishers and public organizations, we also provide them with the most current and trending industry reports as well as prominent and specialized company profiles. Our database of market research reports contains a vast selection of reports from the most prominent industries. To provide our customers with prompt and direct online access to our database, our database is continuously updated.
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 Cam Followers Market Value to Reach USD 9.23 Billion by 2030, Growing at 3.53% CAGR here
News-ID: 4193011 • Views: …
More Releases from zion market research
Halal Food Market to Reach USD 16.84 Billion by 2034, Expanding at 18.04% CAGR
The global halal food market, valued at USD 3.21 billion in 2024, is projected to reach USD 16.84 billion by 2034 at a robust CAGR of 18.04%. This extraordinary growth is fueled by a rapidly rising global Muslim population, increasing demand for certified halal-compliant food, expanding global halal trade networks, and the emergence of halal as a trusted, premium, ethical, and hygienic food label even for non-Muslim consumers.
Key Market Highlights
Metrics Insight
2024…
Paper Bags Packaging Market to Reach USD 6.10 Billion by 2034, Expanding at 4.82 …
The global paper bags packaging market, valued at USD 3.81 billion in 2024, is projected to reach USD 6.10 billion by 2034, growing at a 4.82% CAGR between 2025 and 2034. The market is gaining momentum on the back of sustainability mandates, stringent global regulations against single-use plastic, rising consumer environmental consciousness, and the rapid expansion of e-commerce and foodservice industries adopting recyclable packaging.
Key Market Highlights
Indicator Insight
2024 Market Value USD 3.81 Billion
2034…
Fabry Disease Treatment Market to Reach USD 10.54 Billion by 2034, Expanding at …
The global Fabry disease treatment market, valued at USD 5.18 billion in 2024, is projected to reach USD 10.54 billion by 2034, growing at a 6.8% CAGR (2025-2034). Market momentum is driven by rising disease awareness and diagnosis, expanding enzyme replacement therapy (ERT) utilization, progress in chaperone and substrate reduction therapies (SRT), and an advancing pipeline in gene and next-generation ERTs. Persistent unmet need-stemming from organ involvement (renal, cardiac, cerebrovascular),…
Snow Sports Apparel Market to Reach USD 5.37 Billion by 2034, Expanding at 7.3% …
The global snow sports apparel market, valued at USD 2.65 billion in 2024, is projected to reach USD 5.37 billion by 2034, growing at a 7.3% CAGR (2025-2034). Growth is driven by the rising popularity of winter sports and outdoor recreation, fabric and garment-tech innovations (breathability, waterproofing, thermal regulation), and the accelerating role of e-commerce, social media, and athlete-led branding in discovery and conversion.
Strategic Market Insights & Key Performance Indicators
2024…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
