Global Automotive Rocker Arm Market 2017-2021

Overview of the global automotive rocker arm market

The sales of automotive rocker arms depend on the demand of passenger vehicles as these vehicles are mostly equipped with rocker arms. Passenger car segment is witnessing humungous sales in the Chinese and the US market which is driving the demand for rocker arms. Technavio's market research report has identified growth in automotive sales across the world as one of the primary factors that will fuel the growth of the automotive rocker arm market in the coming years. The economic growth of countries such as Brazil, Russia, India, and China have propelled the growth of automotive industry. Factors like increased vendor competition and saturated markets have compelled the manufacturers to focus on these countries as the market potential in these countries are very high. Moreover, with the increasing number of LCVs adoption in countries such as China and India, the automotive rocker arm market is set to witness steady growth in the next five years. Technavio's market research analysts predict that this global market will post a revenue of more than USD 25 billion by 2021.

Increasing use of titanium rocker arms is one of the key trends contributing towards the automotive rocker arm market. Various materials are used in manufacturing of rocker arms such as steel, aluminum, and chrome-moly. However, rocker arm market is witnessing extensive use of titanium for manufacturing rocker arms. Reasons for titanium gaining more traction is because titanium is stronger more durable, less dense, and has a high resistant to elevated temperatures and corrosion than steel. These characteristics of titanium is making it the most preferred material in the auto rocker market. Titanium has edge over steel due to which it is expected to acquire major market share in the next five years.

Competitive landscape and key vendors

The automotive rocker arm market is highly fragmented due to the presence of several international, regional and local players. The local and regional players offer products which are cost effective but lacks additional features and functionalities, but the international players focus on several parameters like quality, features, safety, and price. Apart from this, the international players are expanding their customer base and heavily investing on R&D and hence the competitive environment in the auto rocker market is expected to intensify during the forecast period.

The leading vendors in the market are-

• COMP Cams
• Crower Cams & Equipment
• Lunati
• Schaeffler

The other prominent vendors in the market are HITCHINER, Pioneer Automotive Industries, and Federal-Mogul Powertrain and Federal-Mogul Motorparts.

Segmentation by vehicle type and analysis of the automotive rocker arm market

• Light commercial vehicles
• Heavy commercial vehicles
• Passenger vehicles

During 2016, passenger vehicle segment accounted for the major shares of the automotive rocker arm market. The rocker arm market is driven by the growth of sales in the passenger vehicles. The demand for passenger vehicles is increasing in the emerging economies in APAC which is propelling the growth of the market. Moreover, racing championship is also triggering the growth of this auto rocker market.

Segmentation by geography and analysis of the automotive rocker arm market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the auto rocker market throughout the forecast period. Owing to the economic growth in the emerging economies such as China, India, and South Korea, the demand for passenger vehicles is increasing which in turn will increase the demand for rocker arm.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global automotive rocker arm market?
• What are the key market trends impacting the growth of the global automotive rocker arm market?
• What are the challenges to global automotive rocker arm market growth?
• Who are the key vendors in the market?
• What are the market opportunities and threats faced by the vendors in the global automotive rocker arm market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive rocker arm market?

Technavio also offers customization on reports based on specific client requirement.

The upcoming report on the global automotive rocker arm market is an integral part of Technavio's automotive portfolio under the fast-growing subdivision like automotive components. This report identifies the latest trends and drivers that may influence the growth of the automotive components industry in the near future.  

Our market research analysis comprises extensive primary and secondary research techniques like telephone and online surveys, vendor briefings, webinars, and podcasts, and industry journals and publications to help clients develop active growth strategies and keep pace with the regularly changing market landscape. This upcoming report covers vendors like Pioneer Automotive, Schaeffler Technologies, HITCHINER, OE Pushrods, Decora Auto, and Dove Manufacturing to offer an in-depth understanding of the competitive landscape of the automotive rocker arm market. 

Moreover, geographies like the Americas, APAC, and EMEA are also covered by this report on the global automotive rocker arm market to offer clients the scope to identify potential market opportunities and expand their presence in niche markets. The upcoming industry report also offers insights into fast-growing segments within the automotive industry, including sectors like automotive electronics and automotive services. Additionally, this report also presents insights into the varying competitive landscape to give clients a realistic picture of the future direction of the industry.