Automotive Engine Valves Market Size was valued at USD 30.05 Billion in 2023. The Automotive Engine Valves market industry is projected to grow from USD 31.25 Billion in 2024 to USD 41.13 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.49% during the forecast period (2024–2032). The growth of the automotive engine Valves market is the need for high- performance engines and carbon emission requirements the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Market CAGR for automotive engine Valves s being driven by the electrification and hybridization. The rise of electrification poses challenges for traditional engine valve manufacturers. Internal combustion engines in conventional vehicles use Valves to control the intake and exhaust of air-fuel mixtures, but electric and hybrid vehicles require different valve technologies. As electrification accelerates, opportunities arise for manufacturers to develop specialized Valves for electric and hybrid power trains. Solutions like thermal management Valves , which control coolant flow in EV batteries, and exhaust gas recirculation Valves in hybrid engines for better efficiency, are gaining traction. Traditional engine valve manufacturers face the need to diversify their product offerings and explore partnerships or acquisitions to enter the electric vehicle valve market. This trend has led to consolidation in the industry, with some companies merging or forming strategic alliances to stay competitive.
Additionally, titanium Valves have gained popularity due to their lightweight properties and excellent mechanical strength. They reduce reciprocating mass and allow engines to operate at higher RPMs, improving overall performance. SMA Valves are another emerging trend, with materials that can change shape in response to temperature variations. These Valves offer precise control over timing and lift, enhancing engine efficiency and reducing emissions. Manufacturers are increasingly adopting advanced coatings and surface treatments for Valves to improve wear resistance and reduce friction. Diamond-like carbon coatings and various thermal barrier coatings are some examples that prolong valve life and enhance performance.
Automated production lines with loT-connected sensors and robotics enable real-time monitoring and data analysis, enhancing production efficiency and product quality. Predictive maintenance techniques can also reduce downtime and enhance productivity. Advanced simulation tools allow manufacturers to design and optimize engine Valves virtually. This reduces the need for physical prototypes, shortens development cycles, and cuts costs. Digitalization facilitates better communication and collaboration between suppliers and manufacturers, streamlining the supply chain and reducing lead times. This ensures a steady flow of high-quality materials and components for engine valve production.
the automotive engine Valves market is undergoing significant transformations due to the rise of electrification, the adoption of lightweight materials, and the integration of digital technologies. Engine valve manufacturers must adapt to these trends by diversifying their product offerings, exploring advanced materials, and embracing digitalization to stay competitive in this evolving landscape. As the automotive industry continues to evolve, engine valve technologies will play a vital role in shaping the future of mobility. It drives the Automotive Engine Valves market revenue.
The global Automotive Engine Valves market segmentation, based on type includes Tappet Valves , Spring Return Valves , Desmodromic Valves , Quattrovalvole Valves . The spring return Valves segment dominated the market, accounting for 35% of market revenue (78.48 Billion). These Valves are driven by a camshaft or rocker arm, but unlike tappet Valves , they rely on springs to return them to the closed position. When the camshaft or rocker arm presses down on the valve stem, it compresses the spring, allowing the valve to open. When the pressure is released, the spring returns the valve to the closed position. Spring return Valves offer better performance at higher engine speeds and can be finely tuned for specific applications.
The global Automotive Engine Valves market segmentation, based on fuel type, includes Gasoline and Diesel. The gasoline category generated the most income (70.4%). Gasoline engines use spark ignition to combust the air-fuel mixture. The Valves in these engines play a crucial role in regulating the intake and exhaust gases to optimize combustion efficiency.
The global Automotive Engine Valves market segmentation, based on vehicle type, includes Passenger Car and Commercial Vehicle. The passenger car category will dominate the market. This segment includes cars, SUVs, and other vehicles designed primarily for the transportation of passengers. The demand for fuel- efficient and high-performance engines in passenger vehicles drives the engine valve market in this segment.
Figure1: Global Automotive Engine Valves Market, by Vehicle Type, 2022 & 2032(USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Automotive Engine Valves market will have a significant growth this market, owing to the presence of major automotive manufacturers and a thriving aftermarket segment. The region's stringent emission regulations have driven the demand for advanced engine valve technologies that offer improved efficiency and reduced emissions.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure2: Global Automotive Engine Valves Market Share By Region 2022 (Usd Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Automotive Engine Valves market accounts for the second-largest market share due to the region's commitment to reducing carbon emissions have accelerated the adoption of lightweight engine valve materials and technologies. Further, the German Automotive Engine Valves market held the largest market share, and the UK Automotive Engine Valves market was the fastest growing market in the European region
The Asia-Pacific Automotive Engine Valves Market is expected will dominate the CAGR from 2023 to 2032. This is due to rising disposable incomes, expanding urbanization, and a growing middle class have led to an increase in vehicle ownership and production. Moreover, China’s Automotive Engine Valves market held the largest market share, and the Indian Automotive Engine Valves market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Automotive Engine Valves market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Automotive Engine Valves industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Automotive Engine Valves industry to benefit clients and increase the market sector. In recent years, the Automotive Engine Valves industry has offered some of the most significant advantages to medicine. Major players in the Automotive Engine Valves market, including Continental AG (Germany), Aptiv PLC (U.K.), Denso Corporation (Japan), Eaton Corporation PLC (U.S.), Federal-Mogul Holdings Corp (U.S.), FTE Automotive GMBH (Germany) , Hitachi Ltd (Germany), Knorr-Bremse AG (Germany) and others, are attempting to increase market demand by investing in research and development operations.
Continental and Kopernikus Automotive teamed up in 2021 for a technology that is one part of such Safe Infrastructure Solutions. The solution can be integrated into various infrastructure systems for intelligent vehicle maneuvering and has tow use cases. The first one is autonomous maneuvering of, for example, newly produced vehicles at vehicle manufacturers or in logistics areas (Infrastructure Orchestrated Maneuvering) and the other is automated parking in parking garages at airports, train stations or hotels.
Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power - today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we're accelerating the planet's transition to renewable energy and helping to solve the world's most urgent power management challenges. It was 1911 when a young entrepreneur named Joseph Eaton decided to invest in a new idea in transportation - the first gear-driven truck axle. And though we have grown considerably, both organically and by uniting some of the world's most respected names in our industry, we remain dedicated to the spirit of innovation and ideas that inspired him more than 100 years ago.
March 2022: Eaton Corporation has announced that it will supply hollow Valves for Stellantis' engine families in Brazil. The Valves have been built specifically for the Fiat T3 and T4 engine families.
August 2022: Order intake at € 2.2 billion, benefiting from very high demand in the first quarter; order book increases by 18.6% to a record level of € 7.1 billion, and Rail and Commercial divisions contribute to strong growth in sales; consolidated revenues up a significant 14.3% at € 1.9 billion globally.
December 2023: Suzuki has introduced the next-generation Swift in Japan, revealing the specifications of its engines as well as the power outputs. In the Japan-spec Swift, the engine is a 1,197cc DOHC with 12 valves, producing 82 horsepower and 108 Nm of torque. It is paired to a continuously variable gearbox (CVT).
82 horsepower and 108 Nm are produced by the 1,197cc, 12-valve DOHC engine that is included in the Swift that is manufactured in Japan. CVT gearbox is the transmission that is coupled to the power plant. A mild-hybrid option has also been introduced by the company. This variation makes use of a DC synchronous motor, which boosts the power statistics by an extra 3.1 horsepower and 60 Nm of torque. When it comes to the data regarding fuel economy, the regular Swift model and the mild-hybrid Swift model both claim a mileage of 23.4 kilometers per gallon and 24.5 kilometers per gallon, respectively, on the WLTP cycle.
A revamp of the front bumper and a new grille, as well as revised headlights and LED daytime running lights, are among the many style enhancements that have been implemented in the hatchback. Newly designed dual-tone alloy wheels are featured on the sides of the vehicle, and the Suzuki emblem has been redesigned to be shown on the top of the bonnet. Other prominent characteristics include roofs, pillars, and ORVMs that have been completely blacked out. The back end is outfitted with a modified tailgate, which is followed by a new bumper that has a skid plate below it. In addition to that, it is equipped with a rear spoiler that is incorporated with a stop lamp, LED tail lights that have C-shaped daytime running lights, and reflectors that are positioned below.
In India, the next-generation Swift is anticipated to be introduced by Maruti Suzuki in the second half of the year 2024.
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