Automotive Camshaft Market: Global Industry Analysis and Opportunity Assessment 2016-2026

In recent past, additional potential gain has been evaluated in the global automotive market, this is due to increased surge in demand for high performance, fuel efficient and technologically advanced modern vehicles. The automotive component market growth goes proportional with the global automotive production trends. Camshaft is an important engine component in an automobile, from a technical standpoint, a camshaft fulfills the function of converting rotatory motion of crankshaft to oscillating motion of follower, through a cam profile.

The global camshaft market is a high growth potential market due to the ongoing advancements in the technology to reduce weight of camshafts and stringent emission norms by international bodies making manufacturers to focus on fuel and engine efficiency. Further, the market is under transition from conventional to modern technology camshafts in the commercial vehicle segment to optimize performance and reduce associated costs. This provides a competitive edge and makes the global automotive camshaft market promising.

The automotive camshaft market is driven by production of new vehicles and the replacement demands in the market. However, the replacement demands are low as when compared with requirement in new vehicles. Thus OEM is larger and more revenue generating sales channel, as when compared with the aftermarket sales.

Automotive Camshaft Market: Drivers & Restraints

The increasing global automobile production and requirements for modern engines tends to increase demand for camshafts. Further, stringent emission standards implemented across the globe rise demands for fuel efficient engines and camshaft replacement demands for old engines are factors that tends to drive the global automotive camshaft market. However, high replacement cost may act as the restraint to market growth.

Automotive Camshaft Market: Segmentation  

On the basis of manufacturing technology, the Automotive Camshaft Market is segmented as:

• Cast Camshaft

• Forged Steel Camshaft

• Assembled Camshaft

On the basis of type of vehicle, the Automotive Camshaft Market is segmented as:

• Passenger Vehicles

• Light Commercial Vehicles

• Heavy Commercial Vehicles

On the basis of sales channel, the Automotive Camshaft Market is segmented as:

• OEM (Original Equipment Manufacturers)

• Aftermarket

Automotive Camshaft Market: Region-wise Outlook  

The automotive component industry nearly doubled in past five years. Europe is the largest market by value in the automotive component manufacturing. This is due to the presence of major automotive and component manufacturer in the region. North America is the next big market for the automotive camshaft. Prominent countries in the region such as U.S. has automotive industry as the largest part of manufacturing sector. Asia-Pacific is another growing and major market for automotive camshafts, with big players in the market transitioning their manufacturing units in emerging market such as China, India, and Korea etc. Latin America has also witnessed increase in demands for vehicles in countries such as Brazil, Peru, and Chile making it significant in the global automotive camshaft market.        

Automotive Camshaft Market: Key Players

The key players identified in the Automotive Camshaft Market are:

• MAHLE GmbH

• Kautex Textron GmbH & Co. KG

• ThyssenKrupp

• Estas Camshaft

• J- Cam Engineering Corporation

• Melling Engine Parts

• LACO camshafts

• JBM Industries

• Nilax Overseas

• Camshaft Machine Company

• Newman Cams

• Meritor, Inc.

• Piper RS Ltd

• Schrick Camshaft

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

The report covers exhaustive analysis on:

• Market Segments

• Market Dynamics

• Market Size

• Supply & Demand

• Current Trends/Issues/Challenges

• Competition & Companies involved

• Technology

• Value Chain

Regional analysis includes

• North America (U.S., Canada)

• Latin America (Mexico. Brazil)

• Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)

• Eastern Europe (Poland, Russia)

• Asia Pacific (China, India, ASEAN, Australia & New Zealand)

• Japan

• Middle East and Africa (GCC, S. Africa, N. Africa)

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Report Highlights:

• Detailed overview of parent market

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• In-depth market segmentation

• Historical, current and projected market size in terms of volume and value

• Recent industry trends and developments

• Competitive landscape

• Strategies of key players and products offered

• Potential and niche segments, geographical regions exhibiting promising growth

• A neutral perspective on market performance

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