London, 27 October 2015: Technavio, the independent tech-focused global research firm, has published a report on the global automotive tappets market 2015-2019, which is expected to grow at a CAGR of 3.67% during the forecast period of 2014-2019.
The technological advancement in tappets, would significantly help to drive the growth of the automotive tappets market. Tappet manufacturers are developing technologies in the fields of manufacturing and designing of tappets that would help improve the overall performance of the engine, while complying with the stringent emission norms.
“Camshaft manufacturers are exploring new methods and technologies to convert the conventional and standard mechanical moment of the camshaft to more dynamic cam rotations as per the engine requirements,” says Faisal Ghaus, Vice President of Technavio.
“Hydraulic tappets, which are used for these camshafts, operate with an internal cushion of pressurized oil. These tappets help maintain zero valve clearance in internal combustion engines.”
Key Market Drivers
- Increase in demand for high-performance vehicle
- Increase in use of roller tapets
- Lower steel prices
Key Market Trends
- Production shift to low-cost countries
- Shift towards hydraulic tappets
- Growing adoption of VVT technologies
Key Market Vendors
- Crower
- Comp Cams
- Lunati Cams and Cranks
- Schaeffler
- SM Motorenteile
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Automotive Tappets Market 2015-2019, please send an e-mail to media@TechNavio.com.
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