Global Automotive Tappet Market, Size, Trends, By Product (Flat Tappets, Roller Tappets), By Vehicle Type (Heavy Commercial Vehicles, Light Duty Vehicles), By End User (Economic Passenger Cars, Luxury Passenger Cars, Mid-Priced Passenger Cars) and By Region (North America, Latin America, Europe, Asia Pacific, Central America and Africa): Global Opportunity Analysis and Industry forecast, 2023-2030.
Global Automotive Tappet Market
With a CAGR of 3.02 % from 2023 to 2030, the Global Automotive Tappet Market is expected to grow from its estimated value of US$ 9.37 Bn in 2022 to US$ 12.37 Bn by 2030.
A small automotive part put in engines between the tappet lifting mechanism and the camshaft lobe is called an automobile tappet, also known as a valve lifter or cam follower. To prevent side thrust and enable vertical motion to raise the valve, it serves this function. Light metal is used to make the cylindrical body of the tappets, which are then manufactured in a die and attached to the cam via a receiving plate in the top wall. The power production, effectiveness, performance, and revolutions per minute (RPM) of the vehicle are all improved.
Market Drivers
The main driver of market expansion is the rising demand for the production of automobiles. Demand for products is also rising as consumers' preferences for automobiles with greater efficiency and power output develop. By adjusting valve timing and duration while the engine is operating, automotive tappets enhance engine performance. Additionally, the use of several camshafts via mechanical connecting systems is made possible by the introduction of these tappets, which improves power output even more.
Hydraulic Flat Tappet Camshafts (HFTC) are being produced by manufacturers using state-of-the-art technology and production methods, which is driving up demand for automobile tappets worldwide. To achieve the fuel economy requirements for high-performance cars, HFTCs are necessary. Innovations in lubricant technology that have improved engines' overall durability are other important market growth drivers.
Market Restraints
The rise in demand for camless actuation and the inclination for hybrid and electric vehicles would probably restrain the expansion of the automotive tappet market over the projected timeframe. The main obstacles to market expansion will be the rising popularity of engines that run on alternate fuels and environmental awareness.
Market Segmentation
The scope of the Global Automotive Tappet Market covers segmentation based on By Product, By Vehicle Type, By End User and By Region.
By Product, the market is segmented into Flat Tappets, Roller Tappets. By Vehicle Type, the market is segmented into Heavy Commercial Vehicles, Light Duty Vehicles. By End User, the market is segmented into Economic Passenger Cars, Luxury Passenger Cars, Mid-Priced Passenger Cars.
Regional Analysis
The Global Automotive Tappet Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Asia-Pacific is anticipated to account for a sizeable portion of the automotive tappet market in terms of long-term growth. The demand for cars is rising, which is boosting the market for automotive tappets. Developing nations like China and India are contributing significantly to this trend.
Demand for automobile tappets worldwide is also being driven by automation and technological improvements. Growth in the Middle East, North America, Africa, Europe, and other regions is driving up demand for automobiles. As a result, it is anticipated that in the upcoming years, the automotive tappet market in the aforementioned regions would expand.
Key Players
Schaeffler AG, SKF, Eaton, Federal-Mogul, NSK Ltd., COMP Cams., Lunatipower.com., RSR Industries, SSV Technocrates., Yuhuan Huiyu Tappets Co. Ltd.
Market Taxonomy
By Product
• Flat Tappets
• Roller Tappets
By Vehicle Type
• Heavy Commercial Vehicles
• Light Duty Vehicles
By End User
• Economic Passenger Cars
• Luxury Passenger Cars
• Mid-Priced Passenger Cars
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Global Automotive Tappet Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Automotive Tappet Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn.
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Automotive Tappet Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Automotive Tappet Market Share Analysis, By Product
5.3 Global Automotive Tappet Market Size and Forecast, By Product
5.3.1 Flat Tappets
5.3.2 Roller Tappets
6 Global Automotive Tappet Market, By Vehicle Type
6.1 Y-o-Y Growth Comparison, By Vehicle Type
6.2 Global Automotive Tappet Market Share Analysis, By Vehicle Type
6.3 Global Automotive Tappet Market Size and Forecast, By Vehicle Type
6.3.1 Heavy Commercial Vehicles
6.3.2 Light Duty Vehicles
7 Global Automotive Tappet Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Automotive Tappet Market Share Analysis, By End User
7.3 Global Automotive Tappet Market Size and Forecast, By End User
7.3.1 Economic Passenger Cars
7.2.2 Luxury Passenger Cars
7.2.3 Mid-Priced Passenger Cars
8 Global Automotive Tappet Market, By Region
8.1 Global Automotive Tappet Market Share Analysis, By Region
8.2 Global Automotive Tappet Market Size and Forecast, By Region
8.3 Global Automotive Tappet Market Trends and Forecast, By Region
9 North America Automotive Tappet Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Automotive Tappet Market Share Analysis, By Product
9.3 North America Automotive Tappet Market Size and Forecast, By Vehicle Type
9.4 North America Automotive Tappet Market Size and Forecast, By End User
9.5 North America Automotive Tappet Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1. Market Size and Forecast, By Product
9.5.1.2 Market Size and Forecast, By Vehicle Type
9.5.1.3. Market Size and Forecast, By End User
9.5.2 Canada
9.5.2.1. Market Size and Forecast, By Product
9.5.2.2 Market Size and Forecast, By Vehicle Type
9.5.2.3. Market Size and Forecast, By End User
9.5.3 Mexico
9.5.3.1. Market Size and Forecast, By Product
9.5.3.2 Market Size and Forecast, By Vehicle Type
9.5.3.3. Market Size and Forecast, By End User
10 Europe Automotive Tappet Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Automotive Tappet Market Share Analysis, By Product
10.3 Europe Automotive Tappet Market Size and Forecast, By Vehicle Type
10.4 Europe Automotive Tappet Market Size and Forecast, By End User
10.5 Europe Automotive Tappet Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1. Market Size and Forecast, By Product
10.5.1.2 Market Size and Forecast, By Vehicle Type
10.5.1.3. Market Size and Forecast, By End User
10.5.2 France
10.5.2.1. Market Size and Forecast, By Product
10.5.2.2 Market Size and Forecast, By Vehicle Type
10.5.2.3. Market Size and Forecast, By End User
10.5.3 UK
10.5.3.1. Market Size and Forecast, By Product
10.5.3.2 Market Size and Forecast, By Vehicle Type
10.5.3.3. Market Size and Forecast, By End User
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Product
10.5.4.2 Market Size and Forecast, By Vehicle Type
10.5.4.3. Market Size and Forecast, By End User
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Product
10.5.5.2 Market Size and Forecast, By Vehicle Type
10.5.5.3. Market Size and Forecast, By End User
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Product
10.5.6.2 Market Size and Forecast, By Vehicle Type
10.5.6.3. Market Size and Forecast, By End User
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Product
10.5.7.2 Market Size and Forecast, By Vehicle Type
10.5.7.3. Market Size and Forecast, By End User
11 Asia Pacific Automotive Tappet Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Automotive Tappet Market Share Analysis, By Product
11.3 Asia Pacific Automotive Tappet Market Size and Forecast, By Vehicle Type
11.4 Asia Pacific Automotive Tappet Market Size and Forecast, By End User
11.5 Asia Pacific Automotive Tappet Market Size and Forecast, By Country
11.5.1 China
11.5.1.1. Market Size and Forecast, By Product
11.5.1.2 Market Size and Forecast, By Vehicle Type
11.5.1.3. Market Size and Forecast, By End User
11.5.2 Japan
11.5.2.1. Market Size and Forecast, By Product
11.5.2.2 Market Size and Forecast, By Vehicle Type
11.5.2.3. Market Size and Forecast, By End User
11.5.3 India
11.5.3.1. Market Size and Forecast, By Product
11.5.3.2 Market Size and Forecast, By Vehicle Type
11.5.3.3. Market Size and Forecast, By End User
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Product
11.5.4.2 Market Size and Forecast, By Vehicle Type
11.5.4.3. Market Size and Forecast, By End User
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Product
11.5.5.2 Market Size and Forecast, By Vehicle Type
11.5.5.3. Market Size and Forecast, By End User
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Product
11.5.6.2 Market Size and Forecast, By Vehicle Type
11.5.6.3. Market Size and Forecast, By End User
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Product
11.5.7.2 Market Size and Forecast, By Vehicle Type
11.5.7.3. Market Size and Forecast, By End User
11.5.8. Malaysia
11.5.8.1. Market Size and Forecast, By Product
11.5.8.2 Market Size and Forecast, By Vehicle Type
11.5.8.3. Market Size and Forecast, By End User
11.5.9. Rest of Asia
11.5.9.1. Market Size and Forecast, By Product
11.5.9.2 Market Size and Forecast, By Vehicle Type
11.5.9.3. Market Size and Forecast, By End User
12 Latin America Automotive Tappet Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Automotive Tappet Market Share Analysis, By Product
12.3 Latin America Automotive Tappet Market Size and Forecast, By Vehicle Type
12.4 Latin America Automotive Tappet Market Size and Forecast, By End User
12.5 Latin America Automotive Tappet Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1. Market Size and Forecast, By Product
12.5.1.2 Market Size and Forecast, By Vehicle Type
12.5.1.3. Market Size and Forecast, By End User
12.5.2 Argentina
12.5.2.1. Market Size and Forecast, By Product
12.5.2.2 Market Size and Forecast, By Vehicle Type
12.5.2.3. Market Size and Forecast, By End User
12.5.3. Colombia
12.5.3.1. Market Size and Forecast, By Product
12.5.3.2 Market Size and Forecast, By Vehicle Type
12.5.3.3. Market Size and Forecast, By End User
12.5.4. Peru
12.5.4.1. Market Size and Forecast, By Product
12.5.4.2 Market Size and Forecast, By Vehicle Type
12.5.4.3. Market Size and Forecast, By End User
12.5.5. Chile
12.5.5.1. Market Size and Forecast, By Product
12.5.5.2 Market Size and Forecast, By Vehicle Type
12.5.5.3. Market Size and Forecast, By End User
12.5.6. Venezuela
12.5.6.1. Market Size and Forecast, By Product
12.5.6.2 Market Size and Forecast, By Vehicle Type
12.5.6.3. Market Size and Forecast, By End User
12.5.7. rest of Latin America
12.5.7.1. Market Size and Forecast, By Product
12.5.7.2 Market Size and Forecast, By Vehicle Type
12.5.7.3. Market Size and Forecast, By End User
13 Middle East Automotive Tappet Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Automotive Tappet Market Share Analysis, By Product
13.3 Middle East Automotive Tappet Market Size and Forecast, By Vehicle Type
13.4 Middle East Automotive Tappet Market Size and Forecast, By End User
13.5 Middle East Automotive Tappet Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.1.1. Market Size and Forecast, By Product
13.5.1.2 Market Size and Forecast, By Vehicle Type
13.5.1.3. Market Size and Forecast, By End User
13.5.2 UAE
13.5.2.1. Market Size and Forecast, By Product
13.5.2.2 Market Size and Forecast, By Vehicle Type
13.5.2.3. Market Size and Forecast, By End User
13.5.3 Egypt
13.5.3.1. Market Size and Forecast, By Product
13.5.3.2 Market Size and Forecast, By Vehicle Type
13.5.3.3. Market Size and Forecast, By End User
13.5.4 Kuwait
13.5.4.1. Market Size and Forecast, By Product
13.5.4.2 Market Size and Forecast, By Vehicle Type
13.5.4.3. Market Size and Forecast, By End User
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Product
13.5.5.2 Market Size and Forecast, By Vehicle Type
13.5.5.3 Market Size and Forecast, By End User
13.5.5 Rest of Middle East & Africa
13.5.6.1 Market Size and Forecast, By Product
13.5.6.2 Market Size and Forecast, By Vehicle Type
13.5.6.3 Market Size and Forecast, By End User
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Schaeffler AG
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 SKF
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Eaton
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Federal-Mogul
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 NSK Ltd.
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 COMP Cams.
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Lunatipower.com.
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 RSR Industries
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 SSV Technocrates
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Yuhuan Huiyu Tappets Co. Ltd.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
