Global Automotive Camshaft Market to Reach USD 4.2 Billion by 2033, Impelled by Escalating Demand for High-Performance Vehicles

January 13, 2025 | Automotive Industry

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The latest report by IMARC Group, titled "Automotive Camshaft Market Report by Manufacturing Technology (Cast Camshaft, Forged Steel Camshaft, Assembled Camshaft), Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle), Distribution Channel (OEM, Aftermarket), and Region 2025-2033," finds that the global automotive camshaft market size reached USD 3.1 Billion in 2024. An automotive camshaft is a rod-like structure that rotates in conjunction with the crankshaft to turn rotational motion into linear motion. It controls the input of fuel and expulsion of exhaust fumes in an internal combustion engine with the help of shaped lobes positioned along with it. It also assists in controlling the amount of air-fuel mixture that has a drastic effect on engine performance at varying speeds. Owing to these properties, automotive camshafts find extensive applications in the automobile industry across the globe.

Global Automotive Camshaft Market Trends:

The market is primarily driven by the rising production of automobiles and escalating demand for high-performance vehicles. Nowadays, leading automotive companies such as BMW, Audi, Volkswagen and Mercedes-Benz are incorporating the variable valve (VVT) technology in their latest car models, which is escalating the demand for camshafts across the globe. In addition, the implementation of stringent automobile standards introduced by the governing authorities in various countries and the emerging trend of engine downsizing represent another major growth-inducing factor. Moreover, with the increasing investments in infrastructure development, particularly in developing countries, manufacturers are widely producing heavy motor vehicles. This, coupled with the rising popularity of motor-powered electric vehicles (EVs), is positively influencing the market growth. Looking forward, IMARC Group expects the market to reach USD 4.2 Billion by 2033, exhibiting a CAGR of 3.5% during 2025-2033.

Market Summary:

Based on manufacturing technology, the market has been classified into cast, forged steel, and assembled camshafts.
On the basis of the vehicle type, the market has been segregated into passenger cars, light commercial vehicle, and heavy commercial vehicle.
Based on the distribution channel, the market has been bifurcated into OEMs and aftermarkets.
Region-wise, the market has been divided into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Manufacturing Technology, Vehicle Type, Distribution Channel, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered	Mahle GmbH, JD Norman Industries, Inc., Thyssenkrupp AG, Linamar Corporation, Estas Camshaft & Chilled Cast, Crance Cams Inc., Aichi Forge USA Inc., Engine Power Components Inc., Hirschvogel Holding GmbH, Kautex Textron Gmbh & Co. KG, Shadbolt Cams, Comp Performance Group, Precision Camshafts Ltd., Varroc Group and Camshaft Machine Company
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Automotive Camshaft Market to Reach USD 4.2 Billion by 2033, Impelled by Escalating Demand for High-Performance Vehicles

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