The North America Tappet Market should witness market growth of 2.9% CAGR during the forecast period (2022-2028).
High RPM is necessary for high-performance automobiles or racing car engines, which unintentionally reduces the engine's output. As a result, camshaft producers are using new techniques and technologies to transform the traditional mechanical motions of the camshaft into dynamic cam rotations following engine demands. Therefore, the hydraulic flat tapper camshaft (HFTC), a camshaft utilized in high-performance automobiles, is preferred by manufacturers.
Camshafts with hydraulic tappets operate with an internal oil cushion under pressure. A hydraulic camshaft & tappets combination adjusts itself automatically after installing the first preload. The HFTC offers 6,500 rpm, which helps the engine run more efficiently compared to a standard camshaft. Because of this, HFTC is now more often used than traditional camshafts.
The region's automotive demand is continuously changing due to growing quantities of trade in commodities and resources, increasing globalization of value chains, developments in driving technology, and a focus on driver and passenger safety. The transportation industry directly affects Canadians' safety, security, economic, and social well-being by transporting enormous and increasing quantities of people and products. Until November 2021, there were around 25 million registered road cars in Canada. Consequently, there will be tremendous development potential for the suppliers in the North American tappet market as the region's demand for automobiles grows.
The US market dominated the North America Tappet Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,070.6 million by 2028. The Canada market is poised to grow at a CAGR of 5.2% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 4.3% during (2022-2028).
Based on End-user, the market is segmented into Economic Passenger Cars, Luxury Passenger Cars and Mid-priced Passenger Cars. Based on Engine Capacity, the market is segmented into < 4 Cylinders, 4-6 Cylinders and >6 Cylinders. Based on Type, the market is segmented into Flat and Roller. Based on Vehicle Type, the market is segmented in to Light Duty Vehicles and Heavy Commercial Vehicles. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Eaton Corporation PLC, NSK Ltd., Schaeffler AG, Otics Corporation, Tenneco, Inc. (Federal-Mogul Holdings), Rane Engine Valve Limited (Rane Holdings Limited), Wuxi Xizhou Machinery Co. Ltd., GM Holden Ltd (ACDelco), ZF Friedrichshafen AG (TRW), and COMP Cams (Edelbrock Group).
High RPM is necessary for high-performance automobiles or racing car engines, which unintentionally reduces the engine's output. As a result, camshaft producers are using new techniques and technologies to transform the traditional mechanical motions of the camshaft into dynamic cam rotations following engine demands. Therefore, the hydraulic flat tapper camshaft (HFTC), a camshaft utilized in high-performance automobiles, is preferred by manufacturers.
Camshafts with hydraulic tappets operate with an internal oil cushion under pressure. A hydraulic camshaft & tappets combination adjusts itself automatically after installing the first preload. The HFTC offers 6,500 rpm, which helps the engine run more efficiently compared to a standard camshaft. Because of this, HFTC is now more often used than traditional camshafts.
The region's automotive demand is continuously changing due to growing quantities of trade in commodities and resources, increasing globalization of value chains, developments in driving technology, and a focus on driver and passenger safety. The transportation industry directly affects Canadians' safety, security, economic, and social well-being by transporting enormous and increasing quantities of people and products. Until November 2021, there were around 25 million registered road cars in Canada. Consequently, there will be tremendous development potential for the suppliers in the North American tappet market as the region's demand for automobiles grows.
The US market dominated the North America Tappet Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,070.6 million by 2028. The Canada market is poised to grow at a CAGR of 5.2% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 4.3% during (2022-2028).
Based on End-user, the market is segmented into Economic Passenger Cars, Luxury Passenger Cars and Mid-priced Passenger Cars. Based on Engine Capacity, the market is segmented into < 4 Cylinders, 4-6 Cylinders and >6 Cylinders. Based on Type, the market is segmented into Flat and Roller. Based on Vehicle Type, the market is segmented in to Light Duty Vehicles and Heavy Commercial Vehicles. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Eaton Corporation PLC, NSK Ltd., Schaeffler AG, Otics Corporation, Tenneco, Inc. (Federal-Mogul Holdings), Rane Engine Valve Limited (Rane Holdings Limited), Wuxi Xizhou Machinery Co. Ltd., GM Holden Ltd (ACDelco), ZF Friedrichshafen AG (TRW), and COMP Cams (Edelbrock Group).
Scope of the Study
By End-user
- Economic Passenger Cars
- Luxury Passenger Cars
- Mid-priced Passenger Cars
By Engine Capacity
- < 4 Cylinders
- 4-6 Cylinders
- >6 Cylinders
By Type
- Flat
- Roller
By Vehicle Type
- Light Duty Vehicles
- Heavy Commercial Vehicles
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Eaton Corporation PLC
- NSK Ltd.
- Schaeffler AG
- Otics Corporation
- Tenneco, Inc. (Federal-Mogul Holdings)
- Rane Engine Valve Limited (Rane Holdings Limited)
- Wuxi Xizhou Machinery Co. Ltd.
- GM Holden Ltd (ACDelco)
- ZF Friedrichshafen AG (TRW)
- COMP Cams (Edelbrock Group)
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- Exhaustive coverage
- The highest number of Market tables and figures
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- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Tappet Market, by End User
1.4.2 North America Tappet Market, by Engine Capacity
1.4.3 North America Tappet Market, by Type
1.4.4 North America Tappet Market, by Vehicle Type
1.4.5 North America Tappet Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Tappet Market by End User
3.1 North America Economic Passenger Cars Market by Country
3.2 North America Luxury Passenger Cars Market by Country
3.3 North America Mid-priced Passenger Cars Market by Country
Chapter 4. North America Tappet Market by Engine Capacity
4.1 North America < 4 Cylinders Market by Country
4.2 North America 4-6 Cylinders Market by Country
4.3 North America >6 Cylinders Market by Country
Chapter 5. North America Tappet Market by Type
5.1 North America Flat Market by Country
5.2 North America Roller Market by Country
Chapter 6. North America Tappet Market by Vehicle Type
6.1 North America Light Duty Vehicles Market by Country
6.2 North America Heavy Commercial Vehicles Market by Country
Chapter 7. North America Tappet Market by Country
7.1 US Tappet Market
7.1.1 US Tappet Market by End User
7.1.2 US Tappet Market by Engine Capacity
7.1.3 US Tappet Market by Type
7.1.4 US Tappet Market by Vehicle Type
7.2 Canada Tappet Market
7.2.1 Canada Tappet Market by End User
7.2.2 Canada Tappet Market by Engine Capacity
7.2.3 Canada Tappet Market by Type
7.2.4 Canada Tappet Market by Vehicle Type
7.3 Mexico Tappet Market
7.3.1 Mexico Tappet Market by End User
7.3.2 Mexico Tappet Market by Engine Capacity
7.3.3 Mexico Tappet Market by Type
7.3.4 Mexico Tappet Market by Vehicle Type
7.4 Rest of North America Tappet Market
7.4.1 Rest of North America Tappet Market by End User
7.4.2 Rest of North America Tappet Market by Engine Capacity
7.4.3 Rest of North America Tappet Market by Type
7.4.4 Rest of North America Tappet Market by Vehicle Type
Chapter 8. Company Profiles
8.1 Schaeffler AG
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.5.2 Geographical Expansions:
8.2 NSK Ltd.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.3 Eaton Corporation PLC
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental Analysis
8.3.4 Research & Development Expense
8.4 Rane Engine Valve Limited (Rane Holdings Limited)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expenses
8.5 ZF Friedrichshafen AG (TRW)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.6 Wuxi Xizhou Machinery Co. Ltd.
8.6.1 Company Overview
8.7 GM Holden Ltd (ACDelco)
8.7.1 Company Overview
8.8 Tenneco, Inc. (Federal-Mogul Holdings)
8.8.1 Company Overview
8.9 COMP Cams (Edelbrock Group)
8.9.1 Company Overview
8.10. OTICS Corporation
8.10.1 Company Overview
Companies Mentioned
- Eaton Corporation PLC
- NSK Ltd.
- Schaeffler AG
- Otics Corporation
- Tenneco, Inc. (Federal-Mogul Holdings)
- Rane Engine Valve Limited (Rane Holdings Limited)
- Wuxi Xizhou Machinery Co. Ltd.
- GM Holden Ltd (ACDelco)
- ZF Friedrichshafen AG (TRW)
- COMP Cams (Edelbrock Group)
Methodology
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