Automotive Valves Market Analysis Report to give you Great Insights
Global automotive valves industry overview
The
developing penetration of advanced steel alloys for valves is the primary
factor that will boost the growth of the automotive valves market in
the near years. The modernization of manufacturing technology has led to cost
optimization while making the sales of advanced materials for the engine valve.
The developing penetration of advanced steel alloys and nickel-based alloys in
top-performance engines has caused in increasing demand for top-performance
vehicles. The increasing usage of advanced steel alloy valves will cause an
increase in the overall revenue of the automotive valves market by impacting
the average selling price (ASP) of automotive valves.
Furthermore, the advent of
carbon fiber valves for racing engines is the main trend in the automotive
valves market. Carbon fiber reinforced plastic (CFRP) is caused by advanced
composite materials. Carbon fiber material with epoxy resin exhibiting
increased transition temperature is increasingly being preferred over other
conventional metals as it is durable and wear-resistant. Also, these valves
increase the complete power output capacity makes them the best choice for
modern consumers. As a result, the growing adoption of advanced steel alloys
with the advent of carbon fiber valves will make the market to grow at a CAGR
of over 5% during the forecast period 2018–2019.
Top
automotive valves companies in 2019
The research has been
conducted on the top automotive valves companies. By giving a complete analysis
of the market’s competitive landscape and with complete data on the products
offered by the companies, the automotive valves industry analysis report will
enable clients to assess the market potential and form effective business
strategies to strengthen their position in the market.
The complete analysis
conducted on the top companies given below:
·
Bosch
·
Continental
·
Federal-Mogul
·
MAHLE
·
Sinusvalves
Increasing
penetration of advanced steel alloys for valves
According
to a senior analyst at Technavio for automotive components research,
“The use of advanced steel alloy valves will boost the overall revenue of the
global automotive valves market by affecting the average selling price of
automotive valves. The optimized high-end feature implementation provides a
competitive market the advantage for the mass volume vehicle segment. Most OEMs
provide optionally performance enhancement packages for their standard
mass-selling models to increase a vehicle's performance.”
Technavio market research
analyst forecast the global automotive valves market to grow at a CAGR of more
than 5% during the period 2018 – 2022 according to the latest report.
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