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Valve Tappet Market Is Expected To Witness Significant Growth Due To Increase in Automobile Production And Rapid Growth in the Automobile Spare Part Till 2022 | Million Insights
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Main function of the valve tappet is to allow some mechanical expansion and enlargement of the valve stem and engine push rod as the engine warms up. This is also termed as valve lash. In automobiles and valve systems, valve tappet is mostly used. It is responsible for opening and closing of the intake and exhaust valves. In the market, valve tappet is available with diverse specifications, sizes, unique designs, optimum quality, and its durability.
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The factors that play an important role in the growth of the valve tappet market are increase in automobile production and rapid growth in the automobile spare part. Based on product, the valve tappet market is classified as hydraulic tappet, engine valve tappet, engine valve lifter tappet, automotive valve tappet, and mechanical valve tappet, and so on.
“Hydraulic tappet” is also known as hydraulic valve lifter or hydraulic lash adjuster. It is a device for managing zero valve clearance in an internal combustion engine. Based on application, the valve tappet market is classified as commercial vehicles, passenger cars, and so on. Based on geography, the valve tappet market is classified as North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Asia Pacific is holds the largest share in the valve tappet market followed by Europe and North America. The Asia Pacific region is projected to grow at the highest CAGR in the upcoming years. This could be attributed to the rising demand for fuel efficient vehicles. Key players operating in the valve tappet industry are Federal-Mogul, ARCEK, Ferrea, Rsr Industries, SM Motorenteile GmbH, Hylift-Johnson, TRW, Riken, Johnson Lifter, ACDelco, Ford Performance, Auto7, Decora Auto, Deshpande, Yangchen, Zhenhua and Aarti Forging.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Valve Tappet in these regions, from 2012 to 2022 (forecast), covering
• United States
• EU
• China
• Japan
• South Korea
• India
Global Valve Tappet market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Federal-Mogul
• Hylift-Johnson
• TRW
• SM Motorenteile GmbH
• ACDelco
• Ford Performance
• Riken
• Johnson Lifter
• ARCEK
• Ferrea
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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Hydraulic Tappet
• Other
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Valve Tappet for each application, including
• Passenger Cars
• Commercial Vehicles
Related Reports of this Category available at Million Insights:
https://www.millioninsights.com/industry/automotive-and-parts
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