What is Automotive Control Valves Market Scope?
An Automotive Control Valves are a type of electrical or mechanical device which are required and used to stop the leakage or flow of fluid material by fluctuating the size of the flow section as coordinated by a sign from a regulator in order to increase the efficiency of vehicles. In other words, a control valve is the piece of the combustion engine of the vehicle that is utilized to give control to the flow of liquid and exhaust gas in an engine cylinder. Control Valves are a fundamental element in deciding the efficiency of vehicles and they are utilized to keep up with the proportion of air to fuel mixture precisely. To enhance vehicle performance, automotive control valves play an important role and their application in Braking systems, Hydraulic Control Systems, Drive systems are widely found.
Influencing Trend:
The automotive industry has been focusing on reducing the emission levels of vehicles and Original equipment manufacturers (OEM) are striving to develop technologically advanced vehicle components
Market Growth Drivers:
The increase in demand for fuel-efficient and lightweight vehicle components and The increase in the vehicle production
Challenges:
Rise in the adoption of engine downsizing by OEMs
Restraints:
OEMs are shifting their focus to electric vehicles to adhere to emission norms and The electrification of vehicles in the automotive industry
Opportunities:
Change in the rules and regulations of government as per the technology advancement in the vehicle components
The Automotive Control Valves market study is being classified by Type (Electric and Hydraulic), by Application and major geographies with country level break-up.
The leading players in the market, to gain a competitive advantage, are trying to develop the technology-suited components in order to deliver the most unique type of product. Different countries have different guideline lists, hence companies by different mergers and acquisitions and collaboration with the companies creating a technological advancement with the fulfillment of regulatory standards. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Automotive Control Valves market throughout the predicted period.
Bosch (Germany), Flomatic Corp (United States), Danfoss Power Solutions (United States), HAWE Hydraulik (Germany), European Automobile Manufacturers Association (Europe), Continental AG (Germany), Delphi Automotive PLC (Ireland), Denso Corporation (Japan), Eaton Corporation PLC (Ireland) and Federal Mogul (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Borgwarner Inc. (United States), Johnson Electric Group (Hong Kong), Robert Bosch GmbH (Germany), Valeo S.A. (France), FTE Automotive (Germany) and Knorr Bremse AG (Germany).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Automotive Control Valves market by Type, Application and Region.
On the basis of geography, the market of Automotive Control Valves has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In July 2022, HydraForce, Inc. acquires Bosch Rexroth's growing Compact Hydraulics product portfolio, expanding its reach and support to its customers. Bosch Rexroth, a Bosch subsidiary headquartered in Lohr am Main, Germany, is a growing leader in mobile and industrial hydraulics.
In August 2021, airbag systems make a key contribution to safe mobility in modern vehicles. As early as 1981, in Regensburg, Germany, Continental began developing the airbag control unit (ACU), the heart of a life-saving system. Production started in 1986, 35 years ago. Since then, more than 350 million ACUs have been manufactured at technology company sites around the world. The control unit meets the highest standards for crash safety and reliable airbag deployment. Therefore, in addition to other sensors, the ACU also receives signals from so-called pressure satellites, which detect and report the pressure wave of the impact.
Key Target Audience
Automobile manufacturers, Automotive component manufacturers, Automobile organizations/associations, Automotive valves component suppliers, Raw material suppliers for valve systems, Distributors and suppliers of automotive components/parts, Government Regulatory Bodies and Private Research Organization
Automotive Control Valves Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Automotive Control Valves Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Automotive Control Valves industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.