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Global Automotive Valve Lifter Market
Global Automotive Valve Lifter Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 4.02% from 2019 to 2027, reaching nearly US$ XX Bn.
Global Automotive Valve Lifter Market
The report study has analyzed the revenue impact of the COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Global Automotive Valve Lifter Market: Market Overview
A hydraulic lash adjuster also referred as hydraulic valve lifter, is a key component of IC engine. The main work of hydraulic lash adjuster is to maintain zero valve tolerance in an engine, also helps to protect the engine value from thermal expansion. The advantages of hydraulic lash adjuster such as long engine life, eliminates the need for mechanical clearance in the valve of engine and quieter operation of the engine.
Global Automotive Valve Lifter Market: Market Dynamics
The major factor accelerating the growth of the Automotive Valve Lifter market includes significant growth of the automotive industry across ...
... the globe. Rising demand of high-performance engine and high power and fuel consumption, manufacturers are focused on investing a large revenue on research and development with hydraulic lash lifter has been giving the market a positive push. Government rules and regulation are mandated to increase fuel efficiency of vehicles. These are the major factors which drives the growth of the global automotive valve lifter market during the forecast period.
Rising popularity of electric vehicles due to its zero emission across the globe hamper the growth of the market. Electric propulsion eliminates the internal combustion engine resulting into rising number of electric vehicles. The impact of pandemic COVID-19 on world economy, also adversely affect automotive industry which are the major factors that work as restraints to the global automotive valve lifter market over the forecast period.
Global Automotive Valve Lifter Market: Market Segmentation
The global automotive valve lifter market is segmented by Type, by Vehicle type, by Sales Channel, and by region. The hydraulic lash adjuster is mostly used in all types of engine. The design of hydraulic lash adjuster is simple, and it has several advantages such as absorb initial shock by using engine oil. Rise in population of emerging nations and rapid urbanization increases the demand of passenger vehicle, so the passenger vehicle segment of vehicle type is subjected to the highest growth rate during the forecast period, while the light vehicle are used for transportation of goods, the growth of this segment is moderate.
Global Automotive Valve Lifter Market: Regional Analysis
Asia Pacific is dominating the global automotive valve lifter market due to major sales of automotive. Besides, increase in the number of automotive manufacturing industries, entry of foreign automaker in emerging nations such as India and China are driving the market during the forecast period. Besides, the high production of passenger vehicles in this region and rapid expansion of automotive industry in countries including South Korea, China and India is likely to drive the market. Several government policies for increasing fuel efficiency of vehicle in this region increase the demand of automotive valve lifter. In terms of shares, North America is projected to hold the major share of global automotive valve lifter market in near future.
The objective of the report is to present a comprehensive analysis of the Global Automotive Valve Lifter Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Automotive Valve Lifter Market dynamics, structure by analysing the market segments and projects the Global Automotive Valve Lifter Market size. Clear representation of competitive analysis of key players by Sales Channel, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Automotive Valve Lifter Market make the report investor’s guide.
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Scope of the Global Automotive Valve Lifter Market
Global Automotive Valve Lifter Market, by Type
• Hydraulic lash adjuster
• Roller tappet
• Solid tappet
Global Automotive Valve Lifter Market, by Vehicle type
• Light Commercial Vehicle
• Heavy Commercial Vehicle
• Passenger Vehicle
Global Automotive Valve Lifter Market, by Sales Channel
• OEMs
• Aftermarket
Global Automotive Valve Lifter Market, by Region
• Asia Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Vietnam
Rest of Asia
• North America
U.S.
Canada
• Europe
Germany
UK
France
Italy
Spain
Rest of Europe
• South America
Brazil
Mexico
Rest of South America
• Middle East & Africa
GCC
South Africa
Rest of MEA
Global Automotive Valve Lifter Market, Key Players
• Schaeffler Technologies AG & Co
• Eaton
• OTICS
• GT Technologies
• BLE products
• Northman Co., Ltd.
• LuK GmbH & Co. KG
• Young shin Automotive
• COMP Cams
• F & P America Mfg. Inc.
• DNJ Engine Components
• Federal-Mogul
• ACDelco
• F-Tech Inc.
• Ford
• Melling
• Trick Flow
• CarsDirect
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