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Automotive Tappets Market Trends

  • Report ID: GMI10802
  • Published Date: Aug 2024
  • Report Format: PDF

Automotive Tappets Market Trends

There is a shift towards the integration of advanced valve train technologies in modern engines. This evolution is driving demand for innovative tappets designed to enhance engine performance and efficiency. Manufacturers are focusing on developing tappets that support features such as variable valve timing and turbocharging, aligning with the industry's push for higher efficiency and reduced emissions.
 

For instance, in October 2023, SKF India launched an innovative initiative named "Open Innovation," designed to foster collaboration with startups, small and medium enterprises (SMEs), researchers, and universities. Partnering with IncubateHub, this initiative aims to harness India's dynamic startup ecosystem to develop sustainable solutions for the industrial and automotive sectors, addressing complex challenges and boosting competitiveness in these industries.
 

Moreover, the emphasis on reducing engine friction and improving fuel efficiency is leading to the adoption of specialized tappets. Manufacturers are increasingly incorporating advanced materials and designs, such as those found in roller tappets, to minimize friction and enhance engine longevity. This focus on optimizing engine components supports broader industry goals of improving overall vehicle performance and meeting stringent environmental standards.

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of automotive tappets reached USD 7.3 billion in 2023 and is set to register over 4% CAGR between 2024 and 2032, due to the increasing emphasis on fuel efficiency and emission reduction.

The roller segment held 60% revenue share in 2023, driven by their superior performance and durability compared to traditional flat tappets.

Asia Pacific market accounted for 36% revenue share in 2023, led by rising disposable incomes and increasing automotive ownership in countries.

Schaeffler AG, NSK Ltd., Eaton, SKF, OTICS Corporation, Rane Engine Valve Limited, and ACDelco.

Automotive Tappets Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 300
  • Countries covered: 21
  • Pages: 250
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