Automotive Tappet Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
The Automotive Tappet Market is projected to grow at a CAGR of over 3% during forecast period 2022-2028. An automotive tappet also called a valve lifter or cam follower is a small automotive part that is inserted between the engine’s tappet lifting mechanism and the camshaft lobe. Used to lift valves by eliminating lateral thrust and facilitating vertical movement. Tappets are manufactured using a light metal material formed in a die to form a cylindrical body and connect the tappet body with a cam through a receiving plate on the top wall. Improves the vehicle’s power, efficiency, performance, and revolutions per minute (RPM). As a result, automotive tappets are primarily used in race cars and high-performance vehicles that require various components of the machine to operate with proper coordination and precise timing without affecting the engine.
Company Profile
Some of the key players in the automotive tappet market are Schaeffler (Germany), SKF (Sweden), Eaton (Ireland), Federal-Mogul (US), and NSK (Japan), Crower Cams & Equipment Company, Inc. (U.S.), Competition Cams Inc. (U.S.), SM Motorenteile GmbH (Germany), Lunati (U.S.), Jinan Hongjitang Pharmaceutical Co Ltd (China), Rane Engine Valve Limited (India), Wuxi Xizhou Machinery Co., Ltd (China), YuhuanHuiyu Tappets Co. Ltd (China), RSR Industries (India), and SSV Valve (India).
Market Segmentation
By Product Type
- Flat Tappet
- Roller Tappet
By Engine Capacity Analysis
- <4 Cylinder Engine
- 4-6 Cylinder
- >6 Cylinder
By Vehicle Type
- Heavy Commercial Vehicle
- Light Duty Vehicle
Scope of the Report
The research study analyzes the Automotive Tappet Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Tappet Market Report
- What was the Automotive Tappet Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Automotive Tappet Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Automotive Tappet Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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