Growing Vehicle Production & Sales to Drive the Tappet Market for Automotive

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Tappet Market for Automotive by Type (Flat, and
Roller), End User (Economic, Mid-priced, and
Luxury passenger cars), Engine Capacity (lt4
cylinders, 4-6 cylinders, and gt6 cylinders),
Vehicle Type, and Region - Global Forecast to 2025
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The key factor driving the growth of the tappet
market for automotive is an increase in passenger
vehicles production. Also, the growth of the
commercial vehicles segment, which can be
attributed to the improving business environment
for fleet operators and a rise in demand from the
construction and mining sectors, drives the
growth of the automotive tappet market. The flat
tappets segment is estimated to be the largest
segment in the Tappet Market for Automotive The
flat tappets segment is estimated to have the
largest share in the tappet market for
automotive. The flat tappet is widely used in
economic and mid-priced vehicles as well as
commercial vehicles because of its
cost-effectiveness and fuel-efficient
characteristics. However, this market is
projected to decline after 2022 because of the
increasing adoption of battery electric vehicles,
which do not have valves and tappets in their
assembly. PDF Brochure https//www.marketsandm
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The tappet market for automotive is projected to
grow at a CAGR of 3.36 from 2017 to 2025, to
reach a market size of USD 10.11 Billion by 2025.
The market growth is primarily driven by an
increase in passenger vehicles production. Also,
the growth of the commercial vehicles segment,
which can be attributed to the improving business
environment for fleet operators and a rise in
demand from the construction and mining sectors,
drives the growth of the automotive tappet
market. Roller tappets are estimated to be the
fastest growing segment of the global tappet
market for automotive. The growing trend of
engine downsizing without compromising the
performance of the engine is driving the market
for roller tappets. Request for Customization
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The 46 cylinder segment is estimated to be the
largest segment of the tappets market for
automotive, by engine capacity. Stringent
emission regulations in several regions and the
demand for high-performance vehicles with the
smaller engine are the major factors driving the
growth of the 46 cylinders segment. Luxury
passenger cars are estimated to be the fastest
growing segment of the tappet market for
automotive, by end user type. The growth of this
segment can be attributed to a significant number
of luxury vehicles in Europe and North America
and increasing demand for these vehicles in Asia
Pacific owing to increasing purchasing power and
demand for more powerful vehicles. Request
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Asia Pacific Largest region in Tappets Market
for Automotive Asia Pacific is estimated to be
the largest and fastest growing market for
automotive tappets, in terms of volume and value.
The Asia Pacific region is estimated to be the
most promising market for automotive tappet in
the next five years. This region, which is known
for small and cost-effective cars, has witnessed
higher growth than the matured markets of Europe
and North America. The market growth can be
attributed to the low production cost and easy
availability of cheap labor in the region. The
rise in automotive production is positively
impacting the automotive tappet market in the
region. Speak to analyst _at_
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Market Ecosystem The ecosystem of the tappet
market for automotive consists of automotive
tappet manufacturers such as Schaeffler
(Germany), SKF (Sweden), Eaton (Ireland),
Federal-Mogul (US), Otics Corporation (Japan),
and NSK (Japan). These manufacturers supply
tappets to automotive OEMs such as Nissan
(Japan), General Motors (US), Daimler AG
(Germany), and others. Buy Now
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Browse gtgt 64 market data
tables 45 figures
121 pages and in-depth TOC  "Tappet
Market for Automotive by Type (Flat, and Roller),
End User (Economic, Mid-priced, and Luxury
passenger cars), Engine Capacity (lt4 cylinders,
4-6 cylinders, and gt6 cylinders), Vehicle Type,
and Region - Global Forecast to 2025 Early
buyers will receive 10 customization on this
report. This study answers several questions
for the stakeholders, primarily which market
segments to focus on in the next two to five
years to prioritize efforts and investments.
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