The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global automotive tappets market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 4% during 2021-2026. An automotive tappet, also known as valve lifter or cam follower, is a small automotive component inserted between the tappet lifting mechanism and camshaft lobe in the engines. It is used to eliminate side thrust and facilitate vertical motion to lift the valve. Tappets are manufactured using light-metal material that is formed in a die to mold the cylindrical body and connect the tappet body with the cam through a receiving plate in the top wall. They enhance the power output, efficiency, performance and revolution per minute (RPM) of the vehicle. As a result, automotive tappets are primarily used in racing cars and high-performance vehicles that require various components of the machine to function with proper coordination and accurate timing without having any effect on the engine.
The increasing demand for and production of automobiles is the key factor driving the growth of the market. In addition to this, the rising inclination of consumers for vehicles with increased efficiency and power output is expanding the product demand. Automotive tappets improve the performance through variations in valve timings and changing the duration of valves while the engine is working. Also, the incorporation of these tappets allows integration of multiple camshafts using mechanical linking systems that further enhances the power output. Furthermore, manufacturers are adopting innovative technologies and methods to produce Hydraulic Flat Tappet Camshaft (HFTC) to meet the fuel efficiency demand for high-performance vehicles, thus driving the demand for automotive tappets globally. Other factors contributing significantly to the market growth include innovations in the lubricant technology that enhances the overall engine durability.
The report has also analysed the competitive landscape of the market with some of the key players being Schaeffler Group, SKF, Crower Cams & Equipment Company, Federal-Mogul, Lunati, SM Motorenteile GmbH, Yuhuan Huiyu Tappets Company, Eaton, Competition Cams, Rane Engine Valve Limited, Wuxi Xizhou Machinery Company, NSK, SSV Valve, RSR Industries, etc.
Key Questions Answered in This Report:
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at