Global Cylinder Heads Market Overview:
Over the past few decades, global automobile traffic has been increased drastically which has ultimately upsurged the demand for automotive spare parts such as cylinder heads, sleeves, and many others. The Internal combustion engine is an essential component in any kind of automobile. The internal combustion engine is divided into two parts, the cylinder head, and the cylinder block. The cylinder head is a major component that is essential for the complete combustion of fuel and economical discharge of exhaust gases into the environment. In automobile engines, the head is the part where space is left for openings that are operated for the supply of air and fuel to the cylinder, and for the exhaust gases to escape the cylinder chamber.
Attributes | Details |
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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 |
Influencing Trend:
Growing Adoption of Liquid Hot Isostatic Pressing (LHIP) Technologyin Automotive Cylinders and Technological Enhancements in Developing High-End Automotive Components
Market Growth Drivers:
Upsurging Spendings Leading to Increased Demand for High-Quality Cylinder Heads and Increasing Automotive Traffic across the Globe
Challenges:
Upsurging Market Competition with the Emergence of Local Players
Restraints:
Increasing DIstribution Overheads and Raw Material Prices across the Globe
Opportunities:
Upsurging Automobile Traffic across the Developing Economies and Growing Need to Enhance the Durability and Efficiency of the Cylinders
Competitive Landscape:
The cylinder head market has a lot of scope in the research, development, and innovation department, as new methods and technologies are being discovered for the manufacturing of upright and reliable engine parts and components. New manufacturing technologies have allowed manufacturers to produce complex and difficult parts and components, such as cylinder heads with ease and in very less manufacturing time.
Some of the key players profiled in the report are Nemak, S.A.B. de C.V. (Mexico), Toyota Motor Corporation (Japan), MONTUPET (France), Volkswagen (Germany), Hyundai Motor Company (South Korea), Honda Motor Company (Japanese), Cummins (United States), Mitsubishi Motors Corporation (Japan), MAHLE GmbH (Germany) and Isuzu Motors Ltd. (Japan). Additionally, following companies can also be profiled that are part of our coverage like Scania AB (Sweden), Perkins Engines Company Limited (United Kingdom), Fairbanks, Morse, and Company (United States), KS-Huayu Alutech Gmbh (Germany), Weber Automotive GmbH (Germany), Linamar Corporation (Canada) and Samyoung Machinery Co. Ltd. (South Korea). Analyst at AMA Research see Asian and European Vendors to retain maximum share of Global Cylinder Heads market by 2028. Considering Market by Engine Type, the sub-segment i.e. Straight or Inline Engine will boost the Cylinder Heads market. Considering Market by Sales Channel, the sub-segment i.e. Original Equipment Manufacturers will boost the Cylinder Heads market.
Latest Market Insights:
On September 8, 2023, MAHLE Group, a German automotive supplier, announced that it would partner with Hunan Construction Machinery Co., Ltd., a Chinese manufacturer of construction machinery, to develop and produce cylinder heads for off-highway engines. The partnership will involve MAHLE providing Hunan Construction Machinery with its expertise in cylinder head design and manufacturing, while Hunan Construction Machinery will provide MAHLE with access to its Chinese manufacturing facilities.
On November 15, 2023, Federal-Mogul Powertrain, a global supplier of powertrain components, announced that it had launched a new line of lightweight aluminum cylinder heads called the Dura-Al family. The new line of cylinder heads is designed to improve fuel efficiency and reduce emissions.
What Can be Explored with the Cylinder Heads Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cylinder Heads Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cylinder Heads
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cylinder Heads market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cylinder Heads market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Cylinder Head Manufacturers, Cylinder Head Distributors and Trader, Automobile Manufacturers, Other Upstream and Downstream Buyers, Automotive Industry Associations, Government Agencies, Research and Development Institutes and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.