Automotive Camshaft Market is predicted to reach USD 5.99 billion at a CAGR of 5.20% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Automotive Camshaft Market”.

The Automotive Camshaft Market is estimated to register a CAGR of 5.20% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Automotive Camshaft Market— Mahle GmbH, JD Norman Industries, Inc., Thyssenkrupp AG, Linamar Corporation, ESTAS CAMSHAFT & CHILLED CAST, Crance Cams Inc., Aichi Forge USA Inc., Engine Power Components Inc., Hirschvogel Holding GmbH, KAUTEX TEXTRON GmbH & Co. KG, Shadbolt Cams, Comp Performance Group, Precision Camshafts Ltd., Varroc Group, Camshaft Machine Company.

Market Highlights

The global Automotive Camshaft Market is accounted to register a CAGR of 5.20% during the forecast period and is estimated to reach USD 5.99 billion by 2032.

The surge in road accidents, driver shortages, governmental safety regulations, the imperative for streamlined bus operations, and the growing demand for modern buses that are both efficient and equipped with advanced features are driving the adoption of Automotive Camshafts.

Segment Analysis

The global Automotive Camshaft Market has been segmented based on the Product Type, Vehicle Type, and Sales Channel.

Based on the Product Type, the market is segmented into Cast Camshaft, Forged Camshaft, and Assembled Camshaft. The cast camshaft segment was attributed to holding the largest market share in 2022.  Cast camshafts, produced through casting processes, present a cost-effective approach to manufacturing. The casting method enables the creation of intricate and customizable designs, providing manufacturers with design flexibility and efficient production capabilities. Typically crafted from cast iron or cast steel, these materials ensure the robustness and durability of cast camshafts. This durability is pivotal in enabling camshafts to endure high-stress conditions within an engine, making them well-suited for diverse applications in the automotive industry.

Based on the Vehicle Type, the Automotive Camshaft Market has been segmented into Passenger Car, Light Commercial Vehicles, and Heavy Commercial Vehicle. The passenger car segment was expected to hold the largest market share in 2022. The automotive sector has experienced a consistent uptick in the worldwide request for passenger cars, fueled by factors such as escalating urbanization, heightened disposable income, and elevated living standards that steer consumer preferences toward personal transportation. Internationally, there is an increasing emphasis on curtailing vehicle emissions to tackle environmental issues and adhere to rigorous regulations. Camshafts play a pivotal role in optimizing combustion processes, thereby aiding in emission reduction. This significance is especially pronounced in the context of passenger cars, aligning with the industry's emphasis on environmentally sustainable and fuel-efficient vehicle models.

Based on the Sales Channel, the Automotive Camshaft Market has been segmented into Original Equipment Manufacturer (OEM), and Aftermarket. The original equipment manufacturer (OEM) segment was expected to hold the largest market share in 2022. Original Equipment Manufacturers (OEMs) play a pivotal role in the automotive supply chain by directly furnishing components for the manufacturing of new vehicles. Specifically concerning camshafts, OEMs supply these crucial engine components to vehicle manufacturers for seamless integration into their latest models throughout the assembly process. This strategic collaboration ensures the efficient production of high-quality vehicles.

Regional Analysis

The global Automotive Camshaft Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Automotive Camshaft Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Automotive Camshaft Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Automotive Camshaft Market comprises of Middle East, Africa, and Latin America.

The largest market share for the Automotive Camshaft Market was maintained by the North American regional sector. The North American market exhibits a significant demand for high-performance vehicles, with approximately 75 percent of the U.S. population having personal vehicle access and an additional 20 percent accessing company or family cars as of March 2023. This robust demand for motor vehicles propels a thriving automotive industry, which has rebounded swiftly, generating over 1.53 trillion U.S. dollars in revenue from road vehicle and parts retail trade after recovering from the impact of the COVID-19 pandemic. The Automotive Camshaft Market benefits from this demand as camshafts, crucial for influencing engine power and efficiency, play an integral role in meeting consumers' expectations for performance-oriented vehicles, thereby contributing to market growth.

Moreover, the Europe market has been persistently growing over the forecast period. The European automotive industry is distinguished by its emphasis on innovation, technological progress, and environmental sustainability. As of December 2022, the total number of new passenger car registrations in the European market exceeded eleven million units. Notably, Germany accounted for 2.65 million registrations, while the United Kingdom saw 1.6 million new car registrations in the same period. The industry's commitment to cleaner and more efficient vehicles is in line with stringent emission standards and regulations across European countries. In this landscape, camshafts, essential for optimizing engine performance and meeting emission requirements, assume a pivotal role.

The Asia-Pacific region is witnessing a surge in demand for advanced camshaft technologies as countries prioritize the adoption of cleaner and more fuel-efficient automotive solutions. The market for innovative camshaft solutions is particularly growing in response to the increasing popularity of electric and hybrid vehicles in the region. In 2022, the electric vehicle (EV) market in China experienced remarkable growth, with sales soaring by 154 percent compared to the previous year. The total number of EV units sold reached 3.3 million in 2021, a significant increase from 1.3 million in 2020 and 1.2 million in 2019. This surge in electric vehicle adoption underscores the need for cutting-edge camshaft solutions to optimize engine performance and contribute to meeting stringent emission standards.

Furthermore, the rest of the world's Automotive Camshaft Market is divided into the Middle East, Africa, and Latin America. The increasing urbanization, economic development, and rising disposable incomes in these regions have led to a surge in demand for vehicles, contributing to the growth of the automotive industry. As more consumers in these regions aspire to own cars, the demand for automotive camshafts has risen.

Key Findings of the Study

• The global Automotive Camshaft Market is expected to reach USD 5.99 billion by 2032, at a CAGR of 5.20% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market because Government initiatives and regulations promoting environmental sustainability are also influencing the adoption of advanced automotive technologies in the Asia-Pacific region. The push for cleaner and greener transportation solutions aligns with the role of camshafts in optimizing combustion processes and reducing emissions.


• Based on product type, the cast camshaft segment was attributed to holding the largest market in 2022, with an approximate market share of 55–60%.


• Mahle GmbH, JD Norman Industries, Inc., Thyssenkrupp AG, Linamar Corporation, ESTAS CAMSHAFT & CHILLED CAST, Crance Cams Inc., Aichi Forge USA Inc., Engine Power Components Inc., Hirschvogel Holding GmbH, KAUTEX TEXTRON GmbH & Co. KG, Shadbolt Cams, Comp Performance Group, Precision Camshafts Ltd., Varroc Group, Camshaft Machine Company