The automotive metering valves market is anticipated to grow at a significant CAGR of 5.1% during the forecast period (2022-2028). Valves are mechanical devices that let and control liquid and fluid flow. These can be found in a wide range of applications, including the automobile sector. Automotive valves come in a broad range of sizes and dimensions, ranging from a few inches in diameter of 25 to 30 feet, and are used in a variety of vehicles, notably in motors. The brake valve, also known as a load-sensing valve, is the most common automobile valve and one of the most significant braking system components. Metering valves assist the braking system as they allow the driver to regulate the braking and acceleration of the vehicle. There are two openings on an automotive metering valve: one for the master cylinder and one for the caliper. It controls the fluid flow in the master cylinder, allowing the rear brakes to engage before the front disc. In the case of an emergency braking scenario, the ultimate goal of automotive metering valves is to maintain a proper balance. Measuring valves and proportioning valves in automobiles are similar as they both serve to balance the braking system. The global automotive metering valves market is growing due to the ongoing improvement of vehicle braking systems, increased industrialization and urbanization around the globe, and acceptance of new technologies, such as anti-lock braking systems (ABS), start-stop systems, and automatic transmission.
The global automotive metering valves market is segmented based on product type and application. Based on the product type, the market is sub-segmented into copper, brass, cast iron, aluminum, and stainless steel. Among these product types, the brass segment is expected to propel the growth of the market. Brass is made up of a mix of copper and zinc, along with a few additional metals for good measure. Brass valves have a soft metal nature that permits them to withstand corrosion better than plastic valves. Brass can absorb and withstand more heat than plastic, making brass valves a great choice as compared to other materials. Based on the application, the market is sub-segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles.
The market players are also contributing significantly to the market’s growth by adopting various strategies, including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in May 2020, Danfoss bought Eaton’s hydraulics business to focus on its core business, which includes valves and similar other products.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Product Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Wanxiang Group Corp., Abnox AG, Continental AG, General Motors Co. Ltd., and Christian Bürkert GmbH & Co. KG, among others.
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Global Automotive Metering Valves Market Report by Segment
By Product Type
- Copper
- Brass
- Cast Iron
- Aluminum
- Stainless Steel
By Application
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
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
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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