GITNUX MARKETDATA REPORT 2024

Automotive Valve Industry Statistics

The automotive valve industry is expected to experience steady growth in the coming years due to increasing vehicle production and technological advancements.

With sources from: reportsandmarkets.com, enrouteeditor.com, verifiedmarketresearch.com, menafn.com and many more

Statistic 1

The global automotive engine valves market size was valued at USD 86.84 billion in 2020.

Statistic 2

The market is anticipated to expand at a CAGR of 3.9% during the forecast period, 2021 to 2028.

Statistic 3

The automotive EGR systems market was valued at $16.96 billion in 2020.

Statistic 4

By 2026, automotive EGR systems market is predicted to reach $25.8 billion.

Statistic 5

The global automotive exhaust valves market size was $907.3 million in 2020.

Statistic 6

The global automotive exhaust valve market size is expected to reach $1.1 billion by 2025.

Statistic 7

Asia Pacific region held a major share of nearly 52.5%in the global automotive engine valves market in 2020.

Statistic 8

The global automotive cylinder head market size was estimated at USD 2.68 billion in 2016.

Statistic 9

Diesel applications accounted for over 68.5% of the total market share in terms of revenue in 2016.

Statistic 10

The expected CAGR for the automotive engine valves market from 2021 to 2025 is 5.39%.

Statistic 11

The valve seat inserts of the automotive engine valves market are expected to expand at a CAGR of 5.0% during the forecast period.

Statistic 12

Passenger cars held the largest share in the automotive engine valves market in 2020.

Statistic 13

The automotive intake valves segment is expected to grow at a CAGR of around 5% during 2021-2028.

Statistic 14

The global automotive vacuum solenoid valve market for commercial vehicles is expected to grow at a CAGR of about 4% by 2023.

Statistic 15

The market for valve lifters, a key element of the automotive valve industry, is expected to reach USD 4.3 billion by 2023.

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In this post, we present an overview of the global automotive valve industry, highlighting key statistics and market trends. From the market size of automotive engine valves to the anticipated growth in various segments, we analyze the current landscape and forecasted developments in this dynamic sector.

Statistic 1

"The global automotive engine valves market size was valued at USD 86.84 billion in 2020."

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Statistic 2

"The market is anticipated to expand at a CAGR of 3.9% during the forecast period, 2021 to 2028."

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Statistic 3

"The automotive EGR systems market was valued at $16.96 billion in 2020."

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Statistic 4

"By 2026, automotive EGR systems market is predicted to reach $25.8 billion."

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Statistic 5

"The global automotive exhaust valves market size was $907.3 million in 2020."

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Statistic 6

"The global automotive exhaust valve market size is expected to reach $1.1 billion by 2025."

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Statistic 7

"Asia Pacific region held a major share of nearly 52.5%in the global automotive engine valves market in 2020."

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Statistic 8

"The global automotive cylinder head market size was estimated at USD 2.68 billion in 2016."

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Statistic 9

"Diesel applications accounted for over 68.5% of the total market share in terms of revenue in 2016."

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Statistic 10

"The expected CAGR for the automotive engine valves market from 2021 to 2025 is 5.39%."

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Statistic 11

"The valve seat inserts of the automotive engine valves market are expected to expand at a CAGR of 5.0% during the forecast period."

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Statistic 12

"Passenger cars held the largest share in the automotive engine valves market in 2020."

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Statistic 13

"The automotive intake valves segment is expected to grow at a CAGR of around 5% during 2021-2028."

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Statistic 14

"The global automotive vacuum solenoid valve market for commercial vehicles is expected to grow at a CAGR of about 4% by 2023."

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Statistic 15

"The market for valve lifters, a key element of the automotive valve industry, is expected to reach USD 4.3 billion by 2023."

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Interpretation

In conclusion, the statistics indicate a positive growth trend in the global automotive valve industry, with market sizes expanding across different valve types and regions. The steady increase in market values and compound annual growth rates forecasted for various segments such as engine valves, EGR systems, exhaust valves, and valve seat inserts reflect a strong demand for automotive valves in the coming years. The dominance of certain regions like Asia Pacific and the significance of passenger cars as key market players further highlight the dynamic nature of this industry. With substantial growth projections for key components like intake valves, vacuum solenoid valves, and valve lifters, the automotive valve sector appears poised for continued expansion and innovation.

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