The global automotive tappets market exhibited moderate growth during 2015-2020. An automotive tappet, also known as valve lifter or cam follower, is a small automotive component inserted between the tappet lifting mechanism and camshaft lobe in the engines. It is used to eliminate side thrust and facilitate vertical motion to lift the valve. Tappets are manufactured using light-metal material that is formed in a die to mold the cylindrical body and connect the tappet body with the cam through a receiving plate in the top wall. They enhance the power output, efficiency, performance and revolution per minute (RPM) of the vehicle. As a result, automotive tappets are primarily used in racing cars and high-performance vehicles that require various components of the machine to function with proper coordination and accurate timing without having any effect on the engine.
The increasing demand for and production of automobiles is the key factor driving the growth of the market. In addition to this, the rising inclination of consumers for vehicles with increased efficiency and power output is expanding the product demand. Automotive tappets improve the performance through variations in valve timings and changing the duration of valves while the engine is working. Also, the incorporation of these tappets allows integration of multiple camshafts using mechanical linking systems that further enhances the power output. Furthermore, manufacturers are adopting innovative technologies and methods to produce Hydraulic Flat Tappet Camshaft (HFTC) to meet the fuel efficiency demand for high-performance vehicles, thus driving the demand for automotive tappets globally. Other factors contributing significantly to the market growth include innovations in the lubricant technology that enhances the overall engine durability. Looking forward, the publisher expects the global automotive tappets market to grow at a CAGR of around 4% during 2021-2026.
The report has also analysed the competitive landscape of the market with some of the key players being Schaeffler Group, SKF, Crower Cams & Equipment Company, Federal-Mogul, Lunati, SM Motorenteile GmbH, Yuhuan Huiyu Tappets Company, Eaton, Competition Cams, Rane Engine Valve Limited, Wuxi Xizhou Machinery Company, NSK, SSV Valve, RSR Industries, etc.
Key Questions Answered in This Report:
How has the global automotive tappets market performed so far and how will it perform in the coming years?
What are the key regional markets in the global automotive tappets industry?
What has been the impact of COVID-19 on the global automotive tappets industry?
What is the breakup of the market based on the product?
What is the breakup of the market based on the engine?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the end-user?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the global automotive tappets industry?
What are the key driving factors and challenges in the global automotive tappets industry?
What is the structure of the global automotive tappets industry and who are the key players?
What is the degree of competition in the global automotive tappets industry?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4 Introduction 4.1 Overview 4.2 Key Industry Trends
5 Global Automotive Tappets Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Breakup by Product 5.5 Market Breakup by Engine 5.6 Market Breakup by Vehicle Type 5.7 Market Breakup by End-User 5.8 Market Breakup by Distribution Channel 5.9 Market Breakup by Region 5.10 Market Forecast
11 Market Breakup by Region 11.1 North America 11.1.1 Market Trends 11.1.2 Market Forecast 11.2 Europe 11.2.1 Market Trends 11.2.2 Market Forecast 11.3 Asia Pacific 11.3.1 Market Trends 11.3.2 Market Forecast 11.4 Middle East and Africa 11.4.1 Market Trends 11.4.2 Market Forecast 11.5 Latin America 11.5.1 Market Trends 11.5.2 Market Forecast