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The Global Vehicle Camshaft Market Size Is Expected To Be USD 2,644.1 Million In 2022 And Is Expected To Reach USD 3,157.2 Million In 2030, With A CAGR Of 3.0% during the forecast period.
Vehicle Camshaft Market Overview:
A vehicle camshaft is a rod-shaped device in an internal combustion engine that controls fuel intake and emissions. It is fueled by the crankshaft and is an important component that affects the overall efficiency of the engine. It is considered one of the most important parts in regulating the current efficiency of the engine. A gear or timing belt is indirectly or directly connected to the car camshaft. The camshaft is also responsible for being able to operate the distributor and attempt to regulate the fuel injectors in the initial fuel injection system of some engines. The vehicle camshaft is an important engine component in the vehicle. Technically speaking, the vehicle camshaft realizes the function of converting the rotational motion of the crankshaft into the swing motion of the follower through the cam profile. The camshaft uses lobes (called cams) to push the valves open as the camshaft rotates; springs on the valves return them to the closed position. This is a vital job that can have a major impact on the engine's performance at different speeds.
Vehicle Camshaft market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Vehicle Camshaft market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we considered the impact of COVID-19 and the Russian-Ukraine war.
Major Segments Covered in the Global Vehicle Camshaft Market:
Market Key Players:
ThyssenKrupp, MAHLE, Kautex Textron (CWC), Seojin Cam, Precision Camshafts, Linamar, Musashi Seimitsu, Zhongzhou Group, Federal-Mogul, Xiyuan Camshaft, Riken, ESTAS, LACO, Tongxin Machinery, Nippon Piston Ring, XILING Power, Shenglong, Schleicher Fahrzeugteile, Hejia Industry
Vehicle Camshaft Market by Types:
Vehicle Camshaft Market by Applications:
Vehicle Camshaft Market by Regions:
The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.
The Asia Pacific Vehicle camshaft market is projected to grow at the fastest CAGR during the forecast timeframe. Asia Pacific is expected to influence the market over the forecast period due to rising production and revenue of passenger vehicles in emerging economies in the region including India and China.
North America is also reported to show significant growth in the automotive camshaft market during the forecast period. The presence of major camshaft manufacturing industries in the region is expected to drive market growth. The region is required to exhibit decent uplift in the automotive camshaft market during the forecast period. Stringent emission regulations in the region are driving the engine downsizing market. This feature is expected to drive market growth in this segment over the forecast period.
Significant Market Dynamics:
The lucrative growth of the vehicle industry will drive the demand for Vehicle camshafts, which in turn will encourage manufacturers to expand their production facilities for Vehiclecamshafts.
In addition, idle funds for the expansion of existing manufacturing facilities as well as the development of new automotive camshaft manufacturing facilities in developing regions to meet the demand for Vehicle camshafts in the automotive industry are expected to boost the production volume of Vehicle camshafts in these regions.
Report Scope of Global Vehicle Camshaft Market:
Points Covered in the Report
Frequently Asked Questions-
What is the CAGR of the Vehicle Camshaft market?
The Vehicle Camshaft Market is growing at a CAGR of 3% During the Forecast Period.
What are the key types and applications of the Vehicle Camshaft market?
- Cast Camshaft, Forged Camshaft, Assembled Camshaft
- Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Others
Who are the key players in the Vehicle Camshaft market?
ThyssenKrupp, MAHLE, Kautex Textron (CWC), Seojin Cam, Precision Camshafts, Linamar, Musashi Seimitsu, Zhongzhou Group, Federal-Mogul, Xiyuan Camshaft, Riken, ESTAS, LACO, Tongxin Machinery, Nippon Piston Ring, XILING Power, Shenglong, Schleicher Fahrzeugteile, Hejia Industry
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Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.