Segmentation:

The global automotive valve market is segmented based on product, function, application, and vehicle type.

Regional Analysis:

The global automotive valves market is segmented by region into North America, Europe, Asia Pacific, and rest of the world.

Asia Pacific is expected to be the major driving force in the global automotive valves market over the forecast period due to the rapid growth in automotive production in the region. Countries such as China have come up rapidly in the global automotive industry in recent years to emerge as leading players, and automotive producers have been quick to make the most of this boom and set up production plants in Asia Pacific countries. China is likely to remain the leader in the global automotive valves market due to the rapid pace of automotive production in the country. Passenger vehicle sales in the country have almost quadrupled since 2008, in addition to a steady demand for commercial vehicles, and since 2009, the country has produced more cars than the U.S. and Japan put together. This is likely to be a major driver for the automotive valves market in Asia Pacific over the forecast period.

India is also likely to play a key role in the development of the automotive valve market in the coming years. The automotive industry in India has grown steadily over the last decade, due to a steady rise in passenger car sales as well as the increasing efforts of successive governments to make India a highly lucrative business environment for automotive industry players.

North America is likely to remain the second largest regional market for automotive valves behind Asia Pacific.

Competitive Analysis:

Leading players in the global automotive valves market include Continental AG, Denso Corporation, Cummins Inc., Robert Bosch GmbH, Federal-Mogul, Automotive Valves Pvt. Ltd., AVR Valves Pvt. Ltd., SMB Engine Valves, Nextech Engineering, SSV Valves, Johnson Electric Group, Aisin Seiki Co. Ltd., Valeo SA, Delphi Automotive, and BorgWarner.

Industry Updates:

In December 2018, Eberspaecher Exhaust Technology developed a new generation of acoustic valves claimed to provide a smoother, noise-free ride. The valves are electrically operated and extremely lightweight, allowing a reduction in the overall muffler volume.