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Automotive valve lifter is also known as a tappet or cam follower. The valve lifter has become a vital automotive component interposed between the camshaft lobe and valve lifting mechanism. The valve lifter is situated in the engines and moved with the action of rotating camshafts which produces vertical and side thrust. As the side thrust is not required, the valve lifter removes it so that the vertical motion can lift up the valve. The centre of the valve lifter is fixed in such a manner that it allows the camshaft to rotate the valve lifter that is connected to the lobe, which enables the valve lifter to spread over a large space of the cross section. High performance vehicles and racing cars needs swift changing and high performance timing of valve lifters without disturbing the functioning of the engine. The valve lifters not only enhance the efficiency and power output but also performance and revolution per minute (RPM) of the camshafts. The valve lifter is mounted on the cylindrical rod. When a valve lifter is fitted between the push rod and the camshaft lobe, it makes a small gap between the two ends. These valve lifters pushes the rod, which enables the valve lifters to open and close. The valve lifters are managed by the ECU so as to fluctuate the valve time and hold the valve function, which creates appropriate combustion in the cylinder, thereby reducing the fuel emission and attaining high efficiency. Hydraulic valve lifters operate effectively, run quieter and sustain valve clearance. These are usually utilized in racing cars and high performance vehicles. The manufacturing companies are also focusing more towards innovating technologies and systems to appraise the movement of the valve lifters. Thus, the application of valve lifters in camshaft is expected to boost the valve lifter market over the forecast period.
Globally, some of the main features fuelling the growth of automotive valve lifters in the global market include growing production and sales of vehicles. Rising inclination of people towards high performance and enhanced efficiency of the vehicle has created high demand for automotive valve lifters in the global market. All these factors are projected to drive the automotive valve market over the forecast period. On the contrary, the rising demand as well as the shift of automotive industry towards electrification in vehicles may hamper the growth of the market in the coming years.
Key Market Driver -
Rising inclination towards high performance and enhanced efficiency in vehicles and also increasing sales of vehicles is expected to drive the growth of automotive valve lifter market in the forecast period.
Key Market Restraint -
Increasing demand for electric vehicles may hamper the growth of the automotive valve lifter market in the forecast period.
Globally, the automotive valve lifter market is segmented by valve lifter type, by vehicle, and by geographic coverage. The valve lifter type is bifurcated into roller valve lifters and flat valve lifters. The roller valve lifters are gaining high popularity in the global automotive market owing to their enhanced output performance and high efficiency. Roller valve lifters have small wheels at the bottom that ride on the camshaft lobe and reduce fiction. They can function at high engine rpms ranging from 1500 to 2000. The vehicle type is segmented into passenger cars and commercial vehicles. The passenger car segment holds the largest share of the global automotive valve lifters market and is expected to uphold its leading position in the forecast period. The increasing urbanization, improvement in the standard of living, developing infrastructures, and rise in the disposable income are some of the major reasons for the boost in the passenger car market across the globe. The trend of high performance cars is specially attracting the attention of young population as well as the increasing demand for private vehicles is creating high penetration of automotive valve lifters in passenger cars across the world.
Major players operating in the global automotive valve lifter market include Tenneco Inc., Wuxi Xizhou Machinery Co., SM Motorenteile GmbH, NSK Ltd., Crower Cams & Equipment Co., Inc., Schaeffler AG, Eaton, Lunatipower.com., Rane Holdings Limited, and COMP Cams among others.
Geographically, the automotive valve lifter is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific has the maximum hold on the global automotive valve lifter market and is expected to maintain its dominance over the forecast period. Some of the developing economies such as India and China manufactures high volume of automobiles which is eventually boosting the growth of automotive valve lifter market in this region. The upgradation of technology and rapid adoption of advance systems is fuelling the demand for valve lifters in the market. Moreover, the stringent regulations imposed by the government to reduce air pollution is compelling the automotive companies to manufacture low emission and high performance vehicles which is fuelling the demand for valve lifters that increases the power output, efficiency and overall performance of the vehicles.
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