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According to Technavio’s market research report, the global automotive roller tappets market will grow at a CAGR of close to 7% during the forecast period. The increasing adoption of variable valve timing (VVT) or dual VVT engines will drive the growth prospects for the market until the end of 2021. The VVT technology is highly incorporated in high-performance vehicles and racing cars. This technology enhances the valve timing and changes the duration of the valve while the engine is still running. These systems improve the engine efficiency and increase the revolutions per minute (RPM). Variable valve timing and lift electronic control (VTEC) is an advanced VVT technology that allows engine to have multiple camshafts using electronic and mechanical systems. The tappets are highly used in these camshafts. The growing adoption of VTEC will have a direct influence on the demand for tappets.
The introduction of roller bearing in roller tappets is one of the key trends that will gain traction in the automotive roller tappets market. The adoptonof roller bearings improves the durability of the needle rollers or roller tappets because the shaft of the tappet with roller bearing is covered with chrome plating. The replacement of the conventional roller tappet with sliding bearing with roller bearing also improves the efficiency of automobile diesel engines.
The automotive roller tappet market is characterized by the presence of well-diversified international, regional, and local players. The market is quite competitive as local and regional vendors in the market increasingly focus on offering cost-effective roller tappets that have limited functionalities. Local vendors are finding it difficult to compete against international players in terms of quality and variety. A large number of international vendors are increasingly taking efforts to expand their global presence and are also focusing on increasing the production rate to generate more revenues.
Key vendors in this market are -
Other prominent vendors in the market include Jinan, Rane Engine Valve, Wuxi Xizhou, Yuhuan Huiyu, Morel Lifters, ISKY Cams, Johnson lifters, and OTICS USA.
A mechanical roller tappet comprises a cylindrical rod that has a roller at one end of the tappet. When the tappet is placed in between the cam lobe and push rod, it maintains a small gap on both the ends. When the cam lobe comes in contact with the tappet, the tappet pushes the rod to either open or close the valve. According to this market research report, the automotive mechanical roller tappet segment contributed the majority of shares during 2016. The demand for mechanical roller tappet will continue to increase during the estimated period and this will mainly account to their simple design.
The increase in the production of the automobiles in countries such as China and India is driving the growth of the automotive roller tappets market. GM, Ford, Volkswagen, and Daimler Chrysler have relocated their production units to the developing countries, which will further boost vehicle production in this region.
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The tappet is a valve lifter, a component that runs on the camshaft. Automotive roller tappets can accelerate quickly and provide more velocity than a flat tappet since the friction of a roller tappet is be comparatively lower than the flat tappet. In addition, a roller lifter can tolerate a small degree of misalignment in the position and angle of the tappet about its respective lifter. Technavio’s industry reports for the automotive industry cover a range of product markets like automotive components, automotive electronics, and automotive manufacturing. Technavio’s reports also include a detailed list of all the prominent vendors, their entire range of products and services, and the competitive analysis for the automotive industry.
By pursuing a combination of primary and secondary data research methodology and considering many factors such as the growing demand for various products across different geographical regions, industry research analysts at Technavio accurately predict the automotive industry’s growth outlook. This upcoming report on the global automotive roller tappets market for the forecast period of 2017 to 2021 projects valuable insights derived from data collected from reliable sources of intelligence like channel partners, stakeholders, manufacturers, and various regulatory bodies.
The upcoming report on the global automotive roller tappets market also considers the growth of similar markets such as automotive shocks and struts and automotive variable geometry turbocharger, which are expected to grow at a CAGR of about 4% and close to 21%, respectively for the forecast period of 2017 to 2021. According to our industry experts, the increase in the demand for racing vehicles will propel the growth of the automotive components market in the coming few years.
This upcoming industry research report for the global automotive roller tappets market identifies the prominent market drivers and major trends coupled with the challenges currently experienced by vendors in the automotive components sector. Moreover, it also offers insights into the automotive services and auto accessories market.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product type
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
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