Automotive Engine Valves Market

Automotive Engine Valve Market: Demand for Hollow Valves to Dwindle: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2022)

  • 2017-09-25
  • REP-GB-3473
  • 170 pages
  • PDF PPT EXCEL
Automotive Engine Valves Market

An Incisive, In-depth Analysis on the Automotive Engine Valves Market

This study offers a comprehensive, 360 degree analysis on the Automotive Engine Valves market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Automotive Engine Valves market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

High attrition of components remains to be a key concern for OEMs and designers of automotive engines, especially with respect to the wearing out of engine valves. Leading automakers in the world continue to adopt advanced production technologies and improved materials in order to overcome the conventional drawbacks of automotive engine valves and secure their use in the engines of tomorrow. According to Future Market Insights, the global demand for automotive engine valves will gain steady traction over the next five years. By the end of 2022, over US$ 6.2 billion worth of automotive engine valves are pegged to be sold across the globe.

Overheating of hollow valves will factor their declining demand

While the overall demand for automotive engine valves is anticipated to surge at a steady CAGR during the forecast period (i.e. 2017-2022), the report also anticipates a moderate growth in demand for hollow valves. In 2017, hollow valves are poised to procure over one-fourth share of global revenues, albeit, this share is anticipated to dwindle in the subsequent years. Towards the end of 2022, global sales of hollow valves are likely to register subpar growth at a CAGR of 4.7%. Existing defects in hollow valves will continue to instrument their declining revenue growth in the global automotive engine valve market. Performance tests of heavy-duty diesel and gasoline engines show that hollow valve stems tend to draw more heat than required. For proper functioning, hollow valves require adequate cooling, the lack of which can overheat them, and eventually cause engine failures. On the other hand, bimetallic and mono-metallic valves will record steady growth in demand throughout the forecast period.

By 2022, engine valves worth US$ 1.5 billion will be used for production of compact passenger cars around the world

In the foreseeable future, the size of automobiles will continue to shrink, paving way for the proliferation of three-cylinder engines. Compact passenger cars will witness a considerable uptick in terms of demand, considering their fuel-efficient performance and low prices. These cars are likely to be equipped with four valve per cylinder engines. On the basis of vehicles, compact passenger cars are anticipated to reflect fastest revenue growth in the global market through 2022. Mid-sized passenger cars and light commercial vehicles will also witness a steady growth, while the demand for automotive engine valves for premium passenger cars is likely to incur a below-average growth over the forecast period.

Demands for high performance engines will continue to outpace the developments towards new valve materials

With the rise in adoption of alternative fuels, automotive engine valves are expected to witness considerable implications with respect to their design and functioning. Reducing sulphur content in diesel fuels will compel manufacturers to reconsider the materials used for production of automotive engine valves. Valves made of nickel alloys will witness steady traction, and will net over US$ 1.6 billion in global revenues by the end of 2022. Relatively, the demand for automotive engine valves made from titanium will soar moderately as these valves tend to gall in absence of hard & sharp tooling and adequate cooling. 

Global manufacturing overview

Over 80% of revenues procured in the global automotive engine valve market are anticipated to remain concentred in the aftermarket sales. Manufacturers will be focusing towards the automotive engine valve aftermarket by providing more durable offerings at competitive prices. Companies namely, Mahle Group, Knorr-Bremse AG, Hitachi Ltd., FUJI OOZX Inc., FTE automotive GmbH, Federal-Mogul Holdings Corp, Eaton Corporation Plc., Denso Corporation, Delphi Automotive PLC, and Continental AG have been profiled in the report as key players in the global automotive engine valve market, and are anticipated to remain active in market expansion through 2022.

Automotive Engine Valve Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2022),” is an exclusive market study developed by Future Market Insights that provides in-depth analysis and pragmatic forecast on the global market for automotive engine valves for the five-year assessment period, 2017-2022. The report is objectively updated with industry trends and strategic developments of market players, offering an exposition of the current characteristics of the global automotive engine valve market. Revenues procured by key manufacturers of automotive engine valves over the past five years have been considered to provide analysis on historical growth of the market. The collected historical data is further employed as a baseline for precisely formulating market size estimations for the forecast period.

For estimating the future of the overall automotive engine valve market, the report has analysed the market across multiple parameters. The report has been developed to serve manifold objectives – understanding the competition, measuring the scope of saturated and untapped market opportunities, tracking product development, and assessing regions lucrative for market expansion. Target consumer bases and prominent manufacturing practices have also been prospected during the development of this study.

Report Outline

Key research findings in the report have been compiled in a chronological manner, beginning with an executive summary that highlights the forecast on automotive engine valve markets across key regions. An overview of the overall automotive engine valve market is provided in the report, which offers a formal introduction to the market, and a standard definition of - automotive engine valve. This section has summarized the market forecasts and illustrated the market’s annual expansion through Year-on-Year (Y-o-Y) growth rates.

The report further delivers analysis on dynamics of the global automotive engine valve market by examining factors influencing the market’s growth. From industry trends and macroeconomics to market-specific drivers & restraints, the report investigates the impact of every causative factor that has a determinative influence on the future of automotive engine valve market.

Supply chain, pricing, cost structure, product life cycle and distribution network have also been analysed in the report. The report also delivers an intensity map which illustrates the presence of key market participants across several regions. Subsequent sections in the report provide a segmented analysis on the global automotive engine valve market. The report has analysed the global automotive engine valve market into four key segments – product-type, material-type, vehicle-type, and sales channel. The report also provides cross-segmental analysis and country-wise forecast in the following sections. The report concludes by profiling the key automotive engine valve manufacturers in detail. This section showcases the competitive landscape of the global market, tracking latest developments of automotive engine valve manufacturers and disclosing the current market standings of these companies.

Market Taxonomy

A concise taxonomy of the global automotive engine valve market has been summarized in the table below:

Region

Product Type

Vehicle Type

Material Type

Sales Channel

  • North America

  • Mono metallic valves

  • Compact Passenger Cars

  • Steel

  • OEM

  • Latin America

  • Bimetallic valves

  • Mid-sized Passenger Cars

  • Titanium

  • Aftermarket

  • Europe

  • Hollow valves

  • Premium Passenger Cars

  • Nickel Alloy

 

  • Japan

  • Others

  • Luxury Passenger Cars

  • Other Materials

 

  • APEJ

 

  • Light Commercial Vehicles

 

 

  • MEA

 

  • Heavy Commercial Vehicles

 

 


Scope of the Report

A robust research methodology has been applied for development of the forecast report on global automotive engine valve market. Mergers and acquisitions encompassing the market have been indexed. Quantitative values and market size estimations have been infused with qualitative insights to deliver a broader assessment on the future of automotive engine valve market. For catering to universal patrons, market size values have been quantified into US dollars (US$) by converting regional market size estimations through 2017 currency exchange rates. The scope of the report is to enable market participants plan strategic decisions towards long-term growth. Inferences offered in the report can help companies focus on new growth opportunities and consolidate their presence in the overall automotive engine valve market over the next five years.

Automotive Engine Valves Market Reports - Table of Contents

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