The global automotive valves market is anticipated to grow at a CAGR of 3.5% during the forecast period (2022-2028). Automotive engine valves are mechanical components used in internal combustion engines to allow or restrict the flow of fluid or gas to and from the combustion chambers or cylinders during engine operation. The performance of various systems such as engine valves & ignition systems directly depends on the automotive valves. Additionally, these valves are mostly found in many applications such as petrol & diesel engines and steam engines. With the increase in production of new vehicles, government regulations to develop new automotive valves, and the introduction of advanced technologies such as exhaust recirculation control valve (EGR) is a vacuum controlled valve that allows a specific amount of exhaust back into the intake manifold. This exhaust mixes with the intake air and actually cools the combustion process. This, in turn, is driving the adoption of automotive valves. However, the increasing use of electric vehicles (EVs) and the high cost of cylinders are some restraining factors in the market.
The market is segmented based on the type, vehicle type, function type, and sales channel. Based on the function type, the market is sub-segmented into pneumatic, hydraulic, and electric. Pneumatic valve springs are metal bellows filled with compressed air used to close valves in high-speed internal combustion engines. The hydraulic system is used to guarantee a full closure of the engine valve at the maximum engine speed. An electric valve is a control unit that, when electrically energized or de-energized, either shut off or allows fluid flow. Electric valves are used in fluid power pneumatic and hydraulic systems, to control cylinders and fluid power motors.
Some major players in the market include Robert Bosch GmbH, Eaton Corp. and Denso Corp., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, manufacturers such as Rober Bosch GmBH develops advanced technological automotive valves such as exhaust recirculation control valve.
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Market Coverage
The market number available for – 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Type
By Vehicle Type
By Function Type
By Sales Channel
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape-
Robert Bosch GmbH, Eaton Corp. and Denso Corp., among others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
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Global Automotive Valves Market Report by Segment
By Type
Engine Valves
Air Conditioning Valves
Fuel System Valves
EGR Valves
Others
By Vehicle Type
Passenger Vehicles
Commercial Vehicles
By Function Type
Pneumatic
Hydraulic
Electric
By Sales Channel
OEM
Aftermarket
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