Tappet Market to Reach Approximately USD 12 Bn by 2027
The global Tappet Market Size is anticipated to around USD 12 Bn by 2027 and the market is anticipated to grow with 4.8% CAGR during the forecast time period.
The report has highlights of global key players present in this market. Top global players are analyzed completely along with their financials, technological innovations, key developments, apart from future strategies, SWOT analysis, acquisitions & mergers, and market footprint.
Growing technologies, rising sales of vehicles and an increasing number of buyers are among the factors that contribute to the growth of the demand in the tappet industry. The use of state-of β the-art technologies in the car industry has produced enhanced automobile tappet production. Various types of tappets, such as roller tappets, have been designed to boost vehicle performance, improving overall vehicles production capacity. In the future, the growth of the tappets industry is projected to increase due to rising development of passenger and commercial vehicles. Increasing vehicle production is expected to contribute to augment demand for tappet, resulting in growth of the industry over the next couple of years. The customers seem to have high vehicle efficiency, which is expected to improve tappet demand.
One of the key factors restraining growth of the car tappet industry is the growing demand for electric cars and hybrid vehicles. These electric vehicles require no valve or tappet assembly to boost the efficiency of their motors. Owing to decreased emissions of the atmosphere and increased fuel quality, electric and hybrid cars are facing a high demand of customers.
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Regional Outlook
Asia Pacific held highest global market share for vehicle tappets. Asia Pacific is the main automotive market that covers developing markets like China and India, as well as developed countries like Japan and South Korea. The area has been a center of car development in recent years. Asia Pacific, known for its compact and cost-effective vehicles, has seen greater growth than the matured European and North American markets. The low cost to manufacture and readily available cheap labor in the area can be attributed to demand growth. The increase in the production of automobiles has a positive impact on the car tappet demand in the region.
The continentβs rise in Europe, North America and the Middle East is generating car demand. Thanks to this, the car tappet demand in the aforementioned regions is expected to rise in the coming years.
About the Market
The tappet is a small tool that interposes the valve lift mechanism, also known as the cam trailer or the lifting valve, for any camshaft lobe. A tappet is a projection that transmits a linear movement within a system to some other part. The tappet resides in the interest of the motors and is driven by spinning cams. This in effect corresponds to push rods at the top of the engines. It is offset by the rockers, which open valves at the end of the cylinder. The return valve mechanism will be in contact with the cam lobe directly without tappets. The tapped is used specifically to explicitly neglect the interaction of the spring value mechanism and the cam lobe. Within a car there are various types of tappet. Hydraulic tappets are the most commonly encountered. Automatically change the hydraulic tappets that have a plunger in the main car frames.
Key Players & Strategies
Participants include major global players such as Schaeffler AG, Eaton, NSK Ltd., Federal-Mogul LLC., AC Delco, Otics Operation, TRW, Competition Cams, Inc., Rane Engine Valve Limited, and Lunati, Others.
NSK Ltd. has produced a low torque tappet for Keihin, which increases fuel efficiency and eliminates traction loss, with chrome plating for the diesel engine.
In order to retain automotive fuel saving manufacturers have built state-of β the-art valve technologies including Toyota Variable Valves Timing (VVT), Honda VTech and Mitsubishi MIVEC. The tappets are operated by the ECU to adjust the time of the valve, to postpone or sustain the valve operation, resulting in proper combustion in the cylindrical system, decreasing emission rates and fuel consumption. Hydraulic tapestries work more softly, function well and retain valve clearance. The self-adjustable tapping strategy and the arrangement to maintain the valve clearance optimum were in the interests of the future market.
The global Tappet market is segmented as below:
Market Segmentation
Tappet Market By Type
- Roller Tappet
- Flat Tappet
Tappet Market By Capacity
- More than 6 Cylinder
- 4-6 Cylinder
- Less than 4 Cylinder Engine
Tappet Market By Vehicle Type
- Commercial Vehicles
- Passenger Cars
Tappet Market By Geography
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
TABLE OF CONTENT
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Tappet
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Tappet Market By Type
1.2.2.1. Global Tappet Market Revenue and Growth Rate Comparison By Type (2015-2026)
1.2.2.2. Global Tappet Market Revenue Share By Type in 2018
1.2.2.3. Roller Tappet
1.2.2.4. Flat Tappet
1.2.3. Tappet Market By Capacity
1.2.3.1. Global Tappet Market Revenue and Growth Rate Comparison By Capacity (2015-2026)
1.2.3.1.1. More than 6 Cylinder
1.2.3.1.2. 4-6 Cylinder
1.2.3.1.3. Less than 4 Cylinder Engine
1.2.4. Tappet Market By Vehicle Type
1.2.4.1. Global Tappet Market Revenue and Growth Rate Comparison By Vehicle Type (2015-2026)
1.2.4.2. Commercial Vehicles
1.2.4.3. Passenger Cars
1.2.5. Tappet Market By Geography
1.2.5.1. Global Tappet Market Revenue and Growth Rate Comparison By Geography (2015-2026)
1.2.5.2. North America Tappet Market Revenue and Growth Rate(2015-2026)
1.2.5.3. Europe Tappet Market Revenue and Growth Rate(2015-2026)
1.2.5.4. Asia-Pacific Tappet Market Revenue and Growth Rate(2015-2026)
1.2.5.5. Latin America Tappet Market Revenue and Growth Rate(2015-2026)
1.2.5.6. Middle East and Africa (MEA)Tappet Market Revenue and Growth Rate(2015-2026)
CHAPTER 2. MARKET DYNAMICSAND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porterβs Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Tappet Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Tappet Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Tappet Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Tappet Major Manufacturers in 2018
CHAPTER 4. TAPPET MARKET BY TYPE
4.1. Global Tappet Revenue By Type
4.2. Roller Tappet
4.2.1. Market Revenue and Growth Rate, 2015 β 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 β 2026 ($Million)
4.3. Flat Tappet
4.3.1. Market Revenue and Growth Rate, 2015 β 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 β 2026 ($Million)
CHAPTER 5. TAPPET MARKET BY CAPACITY
5.1. Global Tappet Revenue By Capacity
5.2. More than 6 Cylinder
5.2.1. Market Revenue and Growth Rate, 2015 β 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 β 2026 ($Million)
5.3. 4-6 Cylinder
5.3.1. Market Revenue and Growth Rate, 2015 β 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 β 2026 ($Million)
5.4. Less than 4 Cylinder Engine
5.4.1. Market Revenue and Growth Rate, 2015 β 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 β 2026 ($Million)
CHAPTER 6. TAPPET MARKET BY VEHICLE TYPE
6.1. Global Tappet Revenue By Vehicle Type
6.2. Commercial Vehicles
6.2.1. Market Revenue and Growth Rate, 2015 β 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 β 2026 ($Million)
6.3. Passenger Cars
6.3.1. Market Revenue and Growth Rate, 2015 β 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 β 2026 ($Million)
CHAPTER 7. NORTH AMERICA TAPPET MARKET BY COUNTRY
7.1. North America Tappet Market Revenue and Growth Rate, 2015 β 2026 ($Million)
7.2. North America Tappet Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Tappet Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
7.3.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
7.3.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
7.4.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
7.4.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
CHAPTER 8. EUROPETAPPET MARKET BY COUNTRY
8.1. Europe Tappet Market Revenue and Growth Rate, 2015 β 2026 ($Million)
8.2. Europe Tappet Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
8.3.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
8.3.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
8.4.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
8.4.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
8.5.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
8.5.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
8.6.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
8.6.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
8.7.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
8.7.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
CHAPTER 9. ASIA-PACIFICTAPPET MARKET BY COUNTRY
9.1. Asia-Pacific Tappet Market Revenue and Growth Rate, 2015 β 2026 ($Million)
9.2. Asia-Pacific Tappet Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
9.3.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
9.3.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
9.4.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
9.4.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
9.5.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
9.5.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
9.6.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
9.6.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
9.7.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
9.7.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
9.8.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
9.8.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
CHAPTER 10. LATIN AMERICATAPPET MARKET BY COUNTRY
10.1. Latin America Tappet Market Revenue and Growth Rate, 2015 β 2026 ($Million)
10.2. Latin America Tappet Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
10.3.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
10.3.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
10.4.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
10.4.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
10.5.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
10.5.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICATAPPET MARKET BY COUNTRY
11.1. Middle East & AFRICA Tappet Market Revenue and Growth Rate, 2015 β 2026 ($Million)
11.2. Middle East & AFRICA Tappet Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
11.3.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
11.3.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
11.4.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
11.4.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
11.5. Rest of Middle East & AFRICA
11.5.1. Market Revenue and Forecast By Type, 2015 β 2026 ($Million)
11.5.2. Market Revenue and Forecast By Capacity, 2015 β 2026 ($Million)
11.5.3. Market Revenue and Forecast By Vehicle Type, 2015 β 2026 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Schaeffler AG
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Type Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Eaton
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Type Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. NSK Ltd.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Type Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Federal-Mogul LLC.
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Type Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. AC Delco
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Type Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Otics Operation
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Type Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. TRW
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Type Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Competition Cams, Inc.
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Type Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Rane Engine Valve Limited
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Type Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Lunati
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Type Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Type Portfolio
12.11.5. Key Developments
12.11.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
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