Automotive Valves Market Size, Share, Trends, Growth, Forecasts, 2032

Automotive Valves Market

Automotive Valves Market By Vehicle type (light commercial vehicles, passenger cars, engine (inlet and outlet) valves, heavy commercial vehicles), By Product type (thermostat valve, brake valve, engine (inlet and outlet) valves, A/c valve, fuel system valve, exhaust gas recirculation valve, solenoid valve, tire valve, AT control valve, water valve), By Application (HVAC system, brake system, engine system, and others (tire, body, etc.)), By Function type (hydraulic, pneumatic, electric, and others (pilot-operated, mechanical)), By Electric vehicle (HEV, BEV, and PHEV) And By Region: - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts, 2024-2032

Category: Automotive Report Format : PDF Report Code: ZMR-2593 Status : Upcoming
Market Size in 2023 Market Forecast in 2032 Growth Rate (in %) Base Year
USD 29.68 Billion USD 41.88 Billion CAGR at 3.90% 2023

Description

According to the report published by Zion Market Research, the global Automotive Valves Market size was valued at USD 29.68 Billion in 2023 and is predicted to reach USD 41.88 Billion by the end of 2032. The market is expected to grow with a CAGR of 3.90% during the forecast period. The report analyzes the global Automotive Valves Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Automotive Valves Market industry.

Global Automotive Valves Market: Overview

Automotive valve is a device mainly used for regulating and controlling the flow of air as well as fuel mixture. Automotive valves are generally found in the pipe fittings which are used in different applications such as diesel engines, steam engines, petrol engines, cooking, or heating appliances. They are also used in commercial, industrial, automobiles, military, and residential establishments. Auto valves of different dimensions and sizes are used in almost all kinds of cars, aircraft, trucks, tractors, and two-wheelers.

Globally, automotive valves manufacturers are manufacturing a wide range of auto valves in various materials. A distinctive automotive valve size mainly starts from fractions of an inch to 20 to 25 feet in diameter. It includes two valves specifically intake and wear out auto valves, which are majorly utilized for letting air and fuel combination in and out.
 
Global Automotive Valves Market: Growth Factors

The increased utilization of the products such as industrial greases, car cleaners, and lubricants anticipate boosting the popularity and demand for the aerosol goods leading to rising in the popularity and demand for the automotive valves market across the world. The current growth of the industry is due to several factors such as rising production and vehicle demand in up-and-coming markets, increasing demand for electric cars in industrial markets, and the positive economic outlook.

The development of the automotive industry is anticipated to boost the demand for a different automotive mechanism such as power-train components and engine valves, as well as developed electronics components such as driver assistance systems which are contributing to the growth of the automotive valves market

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 Global Automotive Valves Market: Segmentation

Global automotive valves market has been classified into categories such as vehicle type, product type, application, and function type. On the basis of vehicle type, the market is categorized into light commercial vehicles, passenger cars, engine (inlet and outlet) valves, heavy commercial vehicles. On the basis of product type, the automotive valves market is fragmented into thermostat valve, brake valve, engine (inlet and outlet) valves, A/c valve, fuel system valve, exhaust gas recirculation valve, solenoid valve, tire valve, AT control valve, water valve.

On the basis of application, the market is divided into HVAC system, brake system, engine system, and others (tire, body, etc.). On the basis of function type, the automotive valves market is divided into hydraulic, pneumatic, electric, and others (pilot-operated, mechanical). On the basis of an electric vehicle, the market is classified as HEV, BEV, and PHEV.

Automotive Valves Market : Report Scope

Report Attributes Report Details
Report Name Automotive Valves Market Research Report
Market Size in 2023 USD 29.68 Billion
Market Forecast in 2032 USD 41.88 Billion
Growth Rate CAGR of 3.90%
Number of Pages 196
Key Companies Covered Knorr-Bremse AG, Mahle Group, FUJI OOZX Inc., Delphi Automotive PLC, Denso Corporation, Hitachi Ltd., Federal-Mogul Holdings Corp., FTE Automotive GmbH, and Eaton Corporation Plc., among others
Segments Covered By Vehicle type, By Product type, By Application, By Function type and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Automotive Valves Market: Regional Analysis

The Asia Pacific is anticipated to witness a rising growth in the automotive valves market in terms of revenue due to strong economic development in the emerging economies which includes Indonesia, India, and China. Latin America is also projected to show a stable growth rate in the future. In the Middle East region, the market is anticipated to grow at a sluggish rate.

Global Automotive Valves Market: Competitive Players

Some of the major companies in the global automotive valves market are:

  • Knorr-Bremse AG
  • Mahle Group
  • FUJI OOZX Inc.
  • Delphi Automotive PLC
  • Denso Corporation
  • Hitachi Ltd.
  • Federal-Mogul Holdings Corp.
  • FTE Automotive GmbH
  • Eaton Corporation Plc., among others.

The Global Automotive Valves Market is segmented as follows:

By Vehicle type 

  • light commercial vehicles 
  • passenger cars 
  • engine (inlet and outlet) valves 
  • heavy commercial vehicles 

By Product type 

  • thermostat valve 
  • brake valve 
  • engine (inlet and outlet) valves 
  • A/c valve 
  • fuel system valve 
  • exhaust gas recirculation valve 
  • solenoid valve 
  • tire valve 
  • AT control valve 
  • water valve 

By Application 

  • HVAC system 
  • brake system 
  • engine system 
  • and others (tire, body, etc.) 

By Function type 

  • hydraulic
  • pneumatic 
  • electric 
  • and others (pilot-operated, mechanical) 

By Electric vehicle 

Global Automotive Valves Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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