Automotive Roller Tappets Market Positive Outlook, Opportunities And Industry Expansion By 2029 By Key Players | Schaeffler , Crower Cams And Equipment , Rane Engine Valve , Jinan

Latest Study on Industrial Growth of automotive roller tappets Market 2023-2029. A detailed study accumulated to offer Latest insights about acute features of the Automotive Roller Tappets Market. The report contains different market predictions related to revenue size , production, CAGR, Consumption, gross margin, price , and other substantial factors . While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. The market includes news and updates about the market current situation, historic data, present market trends , and this factor which is valuable and supportive to the business. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis . The report aims to supply a further illustration of the newest scenario, economic slowdown , and COVID-19 impact on the overall industry.

The Automotive Roller Tappets market is anticipated to register an expansion at a CAGR of 1.9% during the forecast period, 2023–2029.

Key Players in This Report Include:

Schaeffler, Crower Cams and Equipment, Rane Engine Valve, Jinan, NSK, SM Motorenteile, MPCams, Wuxi Xizhou, Lunati, Yuhuan Huiyu,

Industry news:

In October 2023, Schaeffler India Ltd announced the completion of the merger of INA Bearings India Private Limited (“INA India”) and LuK India Private Limited (“LuK India”) with Schaeffler India Limited. Furthermore, Schaeffler inaugurated a new production hall at its state-of-the-art facility in Pune with an investment of 25 million euros. The new production facility will boost local manufacturing capabilities of Schaeffler group in India. It will manufacture engine and transmission components, serving the domestic and export markets.

In December 2023, NSK Ltd. has announced that it has developed a low-torque tappet roller for the rocker arm* of automobile diesel engines. This new product uses chrome plating on the shaft of the tappet roller to improve the durability for needle roller versions. As a result, it is now possible to replace double roller versions that have a sliding bearing with a needle roller version that has a roller bearing featuring low friction loss. NSK is targeting global sales of 1.5 billion yen in 2019 for this new product, which will help improve the fuel efficiency of automobiles.

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The Automotive Roller Tappets market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analysed study to help understand market, opportunities and upcoming challenges and about the competitors.

The Automotive Roller Tappets Market segments and Market Data Break Down are illuminated below

By Type:

Low-torque Roller Tappets

Mechanical Roller Tappets

Hydraulic Roller Tappets

By Application:

Commercial Vehicles

Passenger Vehicles

The Automotive Roller Tappets market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

Restraint:

Increasing sales of electric and hybrid vehicles

The growing demand for electric vehicles and hybrid vehicles is one of the major factors hampering the growth of the automotive roller tappets market. Electric vehicles offer great potential to significantly reduce air pollution, greenhouse gas, and other hazardous gas emissions. These electric vehicles do not require assembly of valves and tappet to enhance its engine performance. According to the International Energy Agency (IEA), the landmark Paris Agreement around 600 million electric vehicles will be on roads worldwide by 2040, to limit global warming to below 2°C (3.6°F). The number of electric vehicle was pegged at 2 million in 2016. In the U.S., around 160,000 units of EV were sold in 2016, with an increase of 37% from the previous year.

Opportunity:

Increased adoption of HFTC over the conventional cam shaft

High recital vehicles or racing car engines require high RPM, a standard mechanical camshaft that inadvertently impacts the output capacity of the engine. Thus, camshaft manufacturers are adopting new methods and technologies that help in converting the conventional mechanical movements of the camshaft to dynamic cam rotations as per the engine requirement. Therefore, automakers are inclined towards Hydraulic Flat Tapper Camshaft (HFTC), a camshaft used in the high-performance vehicles. Moreover, the HFTC provide 6,500 rpm, which in turn help to provide high efficiency to the engine as compared to conventional camshaft. This factor has led to increased adoption of HFTC over the conventional cam shaft.

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Following are the various regions covered by the Automotive Roller Tappets Market research report:

North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Russia, Spain, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, and Rest of APAC), South America (Brazil, Argentina, Columbia and Rest of Latin America), Middle East & Africa (Saudi Arabia, South Africa, Turkey, Nigeria, UAE and Rest of MEA)

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period, due to the demand from the automobile sector in countries like India and China. High demands for automotive production in major Asia Pacific economies that include prominent countries such as China, India, Japan, Indonesia, South Korea and Thailand are expected to provide substantial growth prospects over the next few years. Moreover, establishment of production facilities in these regions by the major automobile industry participants that include General Motors, Daimler, and Volkswagen are expected to provide strong growth prospects for automotive roller tappets market growth.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to expanding SUV adoption, rising demand for high-performance vehicles, and the substantial increase in automation in various industries. The increased investment for the development of commercial vehicle is expected to result in the growing use of automotive roller tappet in the vehicle system. Mexico is quickly establishing itself as a key North American automotive production base. The country's automotive sector is drawing major investments because to favorable government regulations and tax advantages.

Objectives of the Report

• To carefully analyses and forecast the size of the market by value and volume.
• To estimate the market shares of major segments of the Automotive Roller Tappets
• To showcase the development of the market in different parts of the world.
• To analyze and study micro-markets in terms of their contributions to the Automotive Roller Tappets market, their prospects, and individual growth trends.
• To offer precise and useful details about factors affecting the growth of the Automotive Roller Tappets
• To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Automotive Roller Tappets market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

Key Points Covered in Market Report:

-Market Overview, Definition and Classification Market drivers and barriers

-Market Competition by Manufacturers

-Impact Analysis of COVID-19 on Market

-Market Capacity, Production, Revenue (Value) by region (2023-2029)

-Automotive Roller Tappets Supply (Production), Consumption, Export, Import by Region (2023-2029)

– Automotive Roller Tappets market Production, Revenue (Value), Price Trend by Type {Payment Gateway, Merchant Account, Subscription Management,}

-Automotive Roller Tappets Manufacturers Profiles/Analysis & Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing

-Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry Road map and value chain Market Effect Factors Analysis.

Key questions answered
– How feasible is Automotive Roller Tappets market for long-term investment?
– What are influencing factors driving the demand for Automotive Roller Tappets near future?
– What is the impact analysis of various factors in the Automotive Roller Tappets market growth?
– What are the recent trends in the regional Automotive Roller Tappets market and how successful they are?

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