The global vehicle engine valve market is anticipated to grow at a CAGR of 4.2% during the forecast period (2022-2028). Engine valves are defined as key mechanical components that are used within internal combustion engines that further allow or restrict the flow of fluid or gas to and from the combustion chambers or cylinders during engine operation. The market growth is majorly attributable to the introduction of new technologies that aim to lighten the weight of the overall vehicle. This is further due to the growing concerns of automobile sector to lower the vehicle emissions. The valve is one of these components, and it is used to regulate, direct, or control the flow of a fluid such as gases, liquids, fluidized solids, or slurries by opening, closing, or obstructing the flow. Automotive valves have a direct impact on the performance and responsiveness of several vehicle systems. The global vehicle engine valve market has also witnessed an advancement from mechanical valves to advanced electro-mechanically controlled valve points.
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Some key players operating in the market include Eaton Corp., Cummins Inc., and Robert Bosch GmbH, among others. The market players are eyeing on strengthening their position in the market by adopting various strategies as mergers and acquisitions, partnerships, new product launch and collaborations, to stay competitive in the market. The Original Equipment Manufacturers (OEMs) and suppliers are working to produce technologically innovative and lightweight car components, including these valves, that effectively meet the new emission standards. For instance, in July 2021, Eaton Corp. announced that the company supplies hollow valves for the engine families that Stellantis builds in Brazil. The valves are specifically designed for Fiat T3 and T4 engine families.
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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 Application
- Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape: Eaton Corp., Cummins Inc., and Robert Bosch GmbH, 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 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 are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Vehicle Engine Valve Market Report by Segment
By Type
- Gasoline Engine Valve
- Diesel Engine Valve
By Application
- Passenger Vehicle
- Commercial Vehicle
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