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Engine Valve Market Trends

Report ID: GMI10561
Published Date: Aug 2024
Report Format: PDF

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Engine Valve Market Trends

The engine valve industry has experienced significant growth in recent years. Stringent emission regulations are accelerating market growth. These regulations require advanced valve technologies to reduce emissions and improve fuel efficiency, increasing demand for high-performance valves. Companies like Federal-Mogul and Eaton have introduced low-friction valve technologies and lightweight materials to meet regulatory standards to enhance engine performance and ensure compliance, fostering innovation and boosting production.

Additionally, the surge in electric and hybrid vehicles is spurring innovation in valve technology. These vehicles demand specialized valves for tasks like cooling and lubrication. Consequently, the industry is witnessing a wave of new designs and materials, specifically crafted to meet the distinct requirements of these advanced vehicles.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of engine valve was worth about USD 6.3 million in 2023 and is expected to register over 2.8% CAGR from 2024 to 2032, owing to the increased vehicle production worldwide.

Engine valve industry from the hollow valve segment is expected to reach USD 3.6 million by 2032, due to being significantly lighter than solid valves and reducing the engine's overall weight.

Asia Pacific engine valve industry is expected to record USD 3.09 million by 2032, due to the automotive boom in countries like China, India, Japan, and South Korea in the region.

AVR (Vikram) Valves, Bosch, Continental AG, Denso, Eaton Corporation, Federal-Mogul, Fuji Oozx, Grindtech, Hitachi Ltd, Knorr-Bremse AG, Mahle GmbH, Omkar Auto Products, Rane, Shriram Pistons & Rings Ltd., and Tenneco, are some of the engine valve companies worldwide.