Global Automotive Exhaust Control Valve Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow 8.1% from 2019 to 2027, reaching nearly US$ XX Bn.
Global Automotive Exhaust Control Valve Market
The report study has analyzed the revenue impact of the COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Global Automotive Exhaust Control Valve Market: Market Overview
Automotive valves play an important role in determining the vehicle performance. The automotive exhaust control valve is an emission component that is commonly found on vehicles on road. These control valves are used to recirculate exhaust gas back to the engine and reduce the emission of NOx.
Global Automotive Exhaust Control Valve Market: Market Dynamics
The major factors accelerating the growth of the automotive exhaust control valve market include introduction of advanced technology, manufacturing and electrification of vehicles. The significant growth of automotive industry across the globe, and increasing demand for vehicles, resulting the demand for automotive components has fueled the growth of the market. Rules and regulations enforced by ruling authorities regarding 〖CO〗_2 emission and safety of environment encourage manufacturer to produce eco-friendly and efficient vehicle, in turn increase the demand for automotive exhaust valve in the global market.
Pricing pressure, availability of substitute is the major restraints countering growth of the global automotive exhaust valve market. Fluctuating prices and high cost of technology hinder the growth of the market. Rising demand for electric vehicles as they are emission free will hinder the growth of the market. The strict rules and regulations of government for certification of automotive EGR system also hamper the growth of the market over the forecast period.
Global Automotive Exhaust Control Valve Market: Market Segmentation
The Global Automotive Exhaust Control Valve Market is segmented by Function type, by Vehicle type, by Sales Channel, and by region. The electric automotive exhaust control valve segment of function type is gaining popularity, thereby this segment is likely to gain major share of the automotive exhaust control valve market over the estimated period. Rise in population of emerging nations like India and China, increases the demand for passenger vehicle, so the passenger vehicle segment of vehicle type is subjected to the highest growth rate during the forecast period, while the light vehicle segment growth is moderate. OEMs segment of sales channel is likely to dominate the global automotive exhaust control valve, on other side, removal of EGR valve by the consumers hinder the growth of aftermarket segment.
Global Automotive Exhaust Control Valve Market: Regional Analysis
Asia Pacific is the dominating region in the global Automotive Exhaust Control Valve market due to major sales of automotive. Increase in the number of automotive manufacturing industries in emerging nations such as India and China are driving the Automotive Exhaust Control Valve market during the forecast period. Besides, the high production of passenger vehicles in this region and rapid expansion of automotive industry in countries including South Korea, China and India is likely to drive the market. China VI and BS VI emission norms in China and India enacted by the country’s government propel the growth of the market. Europe holds the largest market share in Automotive Exhaust Control Valve market, after Asia Pacific owing to increasing investment by the manufacturers, EURO VI emission norms were enacted by Europe government.
The objective of the report is to present a comprehensive analysis of the Global Automotive Exhaust Control Valve Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Automotive Exhaust Control Valve Market dynamics, structure by analysing the market segments and projects the Global Automotive Exhaust Control Valve Market size. Clear representation of competitive analysis of key players by Sales Channel, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Automotive Exhaust Control Valve Market make the report investor’s guide.
Scope of the Global Automotive Exhaust Control Valve Market
Global Automotive Exhaust Control Valve Market, by Function type
• Electric control valve
• Mechanical control valve
• Pneumatic control valve
Global Automotive Exhaust Control Valve Market, by Vehicle type
• Light Commercial Vehicle
• Heavy Commercial Vehicle
• Passenger Vehicle
Global Automotive Exhaust Control Valve Market, by Sales Channel
• OEMs
• Aftermarket
Global Automotive Exhaust Control Valve Market, by Region
• Asia Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Vietnam
Rest of Asia
• North America
U.S.
Canada
• Europe
Germany
UK
France
Italy
Spain
Rest of Europe
• South America
Brazil
Mexico
Rest of South America
• Middle East & Africa
GCC
South Africa
Rest of MEA
Global Automotive Exhaust Control Valve Market, Key Players
• Continental AG
• Delphi,
• Hitachi Ltd
• Tenneco Inc BORG Automotive
• Faurecia
• Magna International Inc.
• SSV VALVES
• MAHLE GmbH
• BorgWarner Inc.
• IAV GmbH
• Wells Vehicle Electronics
• DENSO CORPORATION
• Cummins Inc.
• G&S Valves
• Eaton Corporation Plc
• Eberspächer Climate Control Systems GmbH & C
For More Information Visit @:
This Report Is Submitted By : Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This
report can be personalized to meet your requirements. Get in touch with us and our sales team
will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging
opportunities & technologies as well as threats to the companies across the Healthcare,
Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages,
Aerospace and Defense and other manufacturing sectors.
