Automotive Camshaft Industry Overview:
The latest report by IMARC Group titled, “Automotive Camshaft Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the automotive camshaft market size. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global automotive camshaft market size reached US$ 2.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4% during 2023-2028. 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.
Competitive Landscape with Key Players:
- Precision Camshafts Ltd. (PRECAM.NS) Mahle LINAMAR CORP (LNR.TO)
- THYSSENKRUPP AG (TYEKF)
- Aichi Forge USA Inc.
- VARROC ENGINEERING (VARROC.NS)
- JD Norman Industries, Inc.
- Estas Camshaft & Chilled Cast
- Crance Cams Inc.
- Engine Power Components Inc.
- Hirschvogel Holding GmbH
- Kautex Textron Gmbh & Co. KG
- Shadbolt Cams
- Comp Performance Group
- Camshaft Machine Company
The report has also analysed the competitive landscape of the market with some of the key players being 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, Camshaft Machine Company, etc.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive camshaft market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on manufacturing technology, vehicle type and distribution channel.
Manufacturing Technology:
- Cast Camshaft
- Forged Steel Camshaft
- Assembled Camshaft
Based on manufacturing technology, the market has been classified into cast, forged steel, and assembled camshafts.
Vehicle Type:
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
On the basis of the vehicle type, the market has been segregated into passenger cars, light commercial vehicle, and heavy commercial vehicle.
Distribution Channel:
- OEM
- Aftermarket
Based on the distribution channel, the market has been bifurcated into OEMs and aftermarkets.
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Region-wise, the market has been divided into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America.
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| 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 |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| 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) |
Key Questions Answered in This Report:
- How has the global automotive camshaft market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global automotive camshaft industry?
- What has been the impact of COVID-19 on the global automotive camshaft industry?
- What is the breakup of the market based on the manufacturing technology?
- What is the breakup of the market based on the vehicle type?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the global automotive camshaft industry?
- What are the key driving factors and challenges in the global automotive camshaft industry?
- What is the structure of the global automotive camshaft industry and who are the key players?
- What is the degree of competition in the global automotive camshaft industry?
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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