The article cited AMA's Global Automotive Camshaft Market Study explored substantial growth with CAGR of %. According the report, Emerging Trend of DOHC (Dual Overhead Camshaft) Technology to Improve Combustion Efficiency is one of the primary growth factors for the market. Growing Demand of Lightweight Camshaft to Reduce Weight of Vehicles and Improve Fuel Economy
is also expected to contribute significantly to the Automotive Camshaft market. Overall, applications of Automotive Camshaft, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as ThyssenKrupp AG (Germany), MAHLE GmbH (Germany), Hirschvogel Group (Germany), Estaş Eksantrik Sanayi ve Ticaret A.Ş. (Turkey), Linamar Corporation (Canada), Garima Global Pvt Ltd. (India), COMP Cams (United States), Cummins Inc. (United States), Kalyani Forge (India) and Newman Cams (United Kingdom) may see astonishing sales in this Market and certainly improve revenue growth.
The Vehicle Type, such as Passenger Cars, is boosting the Automotive Camshaft market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Sales Channel, such as OEM, is boosting the Automotive Camshaft market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Material Type, such as Hardenable Iron, is boosting the Automotive Camshaft market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Automotive Camshaft market identified that the demand is rising in many different parts of the world as "Electrification of Vehicles and Rising Use of Hybrid Vehicles is Expected to Pose Significant Opportunities". One of the challenges that industry facing is "Availability of Less Expensive Camshafts in the Market"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Automotive Camshaft market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Automotive Camshaft market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Automotive Camshaft market tight? Which application/end-user category or Product Type [Cylindrical Camshafts, Radical Camshafts, Conjugate Camshafts, Spherical Camshafts and Wedge Camshafts] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Automotive Camshaft market and other related sub-markets covered in the study.
o Key & emerging players in the Automotive Camshaft market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Automotive Camshaft market size is calculated using market estimation process, the Automotive Camshaft market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Automotive Camshaft market size has been validated using both top-down and bottom-up approaches.