Automotive Valves Market: Future Growth And Forecast With Significant Players 2017 - 2022
The global automotive valves market largely features a consolidated vendor landscape due to the presence of a few companies that hold leading market shares, notes Transparency Market Research. Some of the most prominent market players in the market are: Hitachi Ltd., Continental AG, Federal-Mogul, Denso Corporation, Delphi Automobile, FUJI OOZX Inc., and FTE Automotive, amongst several others. As per the report published by TMR, the global automotive valves market is expected to gain a valuation of US$34.2 bn in 2022 through a CAGR of 4.9% between 2017 and 2022. This rise in the market presents a strong growth ever since the valuation was recorded at US$27.0 bn in 2017. Engine Valve to Lead Product Type Segment The automotive valves market on a global front is segmented as per four categories, viz. sales channel, vehicle, product, and function. With the product type on consideration, the automotive market could be segmented in tire valve, AT control valve, engine valv...