Press release
Future of the Automotive Valves Market: Strategic Analysis and Forecast to 2034
Automotive Valves
Automotive Valves Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the size of the automotive valves market has shown stable growth. The market is projected to rise from $31.44 billion in 2024 to $32.46 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 3.2%. The growth experienced during the historic period can be credited to factors such as the increase in worldwide vehicle manufacturing, strict emission regulations, awareness about climate change, the growing popularity of electric vehicles, and the rising demand for vehicles that are fuel-efficient.
Automotive Valves Market Size Forecast: What's the Projected Valuation by 2029?
The market size of automotive valves is predicted to experience significant expansion in the coming years, with an anticipated valuation of $40.12 billion by 2029, reflecting a compound annual growth rate (CAGR) of 5.4%. This growth over the predicted period can be ascribed to factors such as the shift towards electric and hybrid vehicles, innovations in autonomous vehicles, emphasis on material innovations and lightweighting, the incorporation of intelligent valve technologies, and worldwide sustainability programs. Over the forecast period, the main trends will involve focus on material innovations and lightweighting, the integration of intelligent valve technologies, worldwide sustainability programs, digital transformation and the influence of industry 4.0.
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What Are the Drivers Transforming the Automotive Valves Market?
The automotive valves market is set to expand with the increasing popularity of hybrid electric vehicles (HEVs). HEVs, which blend an internal combustion engine (ICE) propulsion system with an electric one, utilize automotive valves from both the ICE and Battery Electric Vehicles (BEVs). Various types of valves, such as HVAC valves, solenoid valves, brake combination valves, and tire valves are included in HEVs, facilitating their efficient operation. A report from the U.S. Energy Information Administration Government Agency in January 2024 indicates that in 2023, hybrids, plug-in hybrids, and BEVs made up 16.3% of all new light-duty vehicle (LDV) sales, a rise from 12.9% the previous year. This percentage reached its highest at 17.9% of all LDV sales in the second half of 2023. As a result, the growing popularity of hybrid electric vehicles (HEVs) is fueling the expansion of the automotive valves market.
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What Trends Will Shape the Automotive Valves Market Through 2029 and Beyond?
In the automotive valve market, the trend that is emerging in prominence is product innovation. Vital players in this industry are concentrating on innovating their products to maintain their market presence. For example, a new series of modular valve merchandise was introduced in June 2024 by TLX Technologies, a machinery manufacturer based in the United States, specifically crafted for thermal management systems in electric vehicles (EVs). These modular valves are designed to boost the effectiveness of EV cooling systems by offering precise coolant flow control, leading to enhanced battery functionality and overall vehicle safety. The unveiling of these modular solutions aids in optimizing thermal management in EVs, amplifying energy efficiency, and prolonging the durability of crucial parts such as batteries and electric motors. This innovative move demonstrates TLX's pledge to aid the burgeoning EV market with advanced, adaptable thermal management solutions.
Which Segments in the Automotive Valves Market Offer the Most Profit Potential?
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 Firms Dominate the Automotive Valves Market by Market Share and Revenue in 2025?
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 Offer the Highest Growth Potential in 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.
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