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Automotive Tappet Market Revenue Growth Predicted by 2017-2027

01-10-2018 11:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Automotive Tappet Market Revenue Growth Predicted by 2017-2027

Automotive Global Tappet Market: Introduction

Tappet is also referred to as a valve lifter or cam follower. It is a small automotive component interposed between the tappet lifting mechanism and camshaft lobe. The rotation of the camshaft lobe produces both vertical as well as side thrust. Since the side thrust is not useful, the tappet is used to eliminate it so that the vertical motion can uplift the valve. The center of the tappet is set in such a way that it allows the camshaft to rotate the tappet which is in contact with the lobe, which results in spreading of the tappet over a large area of the cross section. Racing cars and high performance automobiles require high performance tappet timing and quick changing of tappet without interrupting the working of the engine. Tappets increase the efficiency, power output, performance and RMP (Revolution per Minute). Their significant applications in camshaft is expected to drive the tappet market over the estimated period. The making of a tappet includes the cylindrical rod on which tappets are mounted. When a tappet is placed between the cam lobe and push rod, it creates a small gap between the two ends. Tappet pushes the rod, which allows the tappet to open and close. Convectional camshaft tappets follow steady mechanical rotation, irrespective of changing load and RMP (Rotation per Minute). Manufacturers are focusing on launching new technologies and methods to update the movement of tappets. Hydraulic tappets are generally used in racing cars and high performance vehicles. Hydraulic tappets adjust automatically after the initial instalment and do not require any servicing throughout the life of an engine. Roller tappets are gaining importance in the global market due to their enhanced output performance and efficiency. Roller tappets use small wheels at the bottom, which ride on the camshaft and reduce fiction. Convectional tappets, on the other hand, are flat at the bottom. However, the drawback of roller tappets is their higher cost price.

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Automotive Global Tappet Market: Dynamics and Restrains

The most prominent factors accelerating the growth of automotive tappets in the global market include increasing production and demand for automobiles. Inclination of the consumer towards enhanced efficiency and output power of the vehicle has resulted in an increase in demand for automotive tappets in the global market. All these factors are estimated to drive the automotive tappet global market over the estimated period. The global market for automotive tappets is highly dependent on the automotive industry. The decline in the number of automobiles is estimated to directly affect the global automobile tappet market.

Automotive Global Tappet Market Segmentation:

The automotive tappet market can be segmented on the basis of vehicle type and product type

The Automotive Tappet market can be segmented on the basis of vehicle type into:

Passenger Cars
LCV (Light Commercial Vehicle)
HCV ( Heavy Commercial Vehicle)

The Automotive Tappet market can be segmented on the basis of product type into:

Solid Tappet
Hydraulic Tappet

Automotive Global Tappet Market: Regional Outlook:

The Asia-Pacific is estimated to hold a prominent share in the automotive tappet market in long term growth. Developing countries, such as India and China, are acting as significant market in boosting the demand for automobiles, which in turn, is supporting the growth of the automotive tappet market. Furthermore, automation and up gradation of technology is propelling demand in the global automotive tappet market. Europe, North America, and Middle East Africa are continuously showing growth, which in turn, is creating the demand for automobiles. Owing to this, the automotive tappet market is estimated to grow in the upcoming years in the above mentioned regions.

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Automotive Global Tappet Market: Key Players

Some of the key players in the automotive global tappet market include:

Crower Cams & Equipment Company, Inc.
Competition Cams Inc.
SM Motorenteile GmbH
Lunati
Jinan Hongjitang Pharmaceutical Co Ltd
Rane Engine Valve Limited
Wuxi Xizhou Machinery Co., Ltd
Schaeffle
Feedback
Yuhuan Huiyu Tappets Co. Ltd

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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