The global tappet market size is expected to reach around US$ 12 Bn by 2027 and is anticipated to grow at a CAGR of around 4.8% in terms of revenue during the estimated period 2020 to 2027.
The tappet is part of the valve train following the camshaft to allow valve opening and closing. The tappet is a small part, which transforms the movement of the cam into linear movement to open and close the motor valve. The tappet industry is powered by strict regulatory constraints on emissions and demand for better fuel economy. Tappets improve flexibility, productivity, and gives desired results. Their major use in camshaft would push the tappet market further. A tappet consists of the cylindrical pin, which is connected to the tappet.
The report provides analysis of global Tappet market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.
Market Dynamics
Increasing vehicle production and demand are among the key factors that speed up the rise of tappets in the global market. The consumer's tendency towards improved performance and vehicle production has contributed to an increase on the world market in demand for car tappets. It is expected that these elements will drive the global automotive tappet industry over the forecast period. The global automotive tappet market relies heavily on the automobile industry. The decline in car numbers is expected to have a strong impact on the global demand for vehicle tappets. Besides, rising disposable income allows the tappet market to expand. However, the growing automobile industry worldwide and advancement in the tappet, such as Machined Tappet launch, are expected to establish different growth opportunities for the tappet market.
Regional Stance
The Asia-Pacific region held significant market share in 2019 and anticipated to continue its dominance in the global tappet market over the predicted time span. In developing countries, such as India, China, and Japan, is expected to dominate the automotive tappet market during the timeframe projected. Emerging countries like India and China are the manufacturing base for the automobile industry and have expanded passenger and commercial vehicle demand. The 4-cylinder engine is the most commonly known motor model with a simplicity price and steady architecture. Increase demand in emerging countries like India, China, and Brazil for compact and medium sized vehicles is expected to extend over the projected period of the tappet. North America is the second largest region on the world tappet market. Throughout North America, the production of commercial vehicles has been heavily invested by OEM producers. The investment in the production of commercial vehicles would mean that automotive tappets will be used gradually in the transportation network.
Report coverage
The market research study on “Tappet Market (Tappet Market By Type: Roller Tappet, Flat Tappet, Tappet Market By Capacity: More than 6 Cylinder, 4-6 Cylinder, Less than 4 Cylinder Engine; Tappet Market By Vehicle Type: Commercial Vehicles, Passenger Cars) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global tappet market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report covers global Tappet market size, and segment markets by type, capacity, vehicle type, and geography along with the information on companies operating in the market. The Tappet market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
The global Tappet market is segmented as below:
Market Segmentation
Tappet Market By Type
- Roller Tappet
- Flat Tappet
Tappet Market By Capacity
- More than 6 Cylinder
- 4-6 Cylinder
- Less than 4 Cylinder Engine
Tappet Market By Vehicle Type
- Commercial Vehicles
- Passenger Cars
Tappet Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Players and Market Situation
Participants include major global players such as Schaeffler AG, Eaton, NSK Ltd., Federal-Mogul LLC., AC Delco, Otics Operation, TRW, Competition Cams, Inc., Rane Engine Valve Limited, and Lunati, Others.
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Tappet
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Tappet Market By Type
1.2.2.1. Global Tappet Market Revenue and Growth Rate Comparison By Type (2020-2027)
1.2.2.2. Global Tappet Market Revenue Share By Type in 2019
1.2.2.3. Roller Tappet
1.2.2.4. Flat Tappet
1.2.3. Tappet Market By Capacity
1.2.3.1. Global Tappet Market Revenue and Growth Rate Comparison By Capacity (2020-2027)
1.2.3.1.1. More than 6 Cylinder
1.2.3.1.2. 4-6 Cylinder
1.2.3.1.3. Less than 4 Cylinder Engine
1.2.4. Tappet Market By Vehicle Type
1.2.4.1. Global Tappet Market Revenue and Growth Rate Comparison By Vehicle Type (2020-2027)
1.2.4.2. Commercial Vehicles
1.2.4.3. Passenger Cars
1.2.5. Tappet Market By Geography
1.2.5.1. Global Tappet Market Revenue and Growth Rate Comparison By Geography (2020-2027)
1.2.5.2. North America Tappet Market Revenue and Growth Rate(2020-2027)
1.2.5.3. Europe Tappet Market Revenue and Growth Rate(2020-2027)
1.2.5.4. Asia-Pacific Tappet Market Revenue and Growth Rate(2020-2027)
1.2.5.5. Latin America Tappet Market Revenue and Growth Rate(2020-2027)
1.2.5.6. Middle East and Africa (MEA)Tappet Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICSAND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Tappet Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Tappet Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Tappet Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Tappet Major Manufacturers in 2019
CHAPTER 4. TAPPET MARKET BY TYPE
4.1. Global Tappet Revenue By Type
4.2. Roller Tappet
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Flat Tappet
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. TAPPET MARKET BY CAPACITY
5.1. Global Tappet Revenue By Capacity
5.2. More than 6 Cylinder
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. 4-6 Cylinder
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Less than 4 Cylinder Engine
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. TAPPET MARKET BY VEHICLE TYPE
6.1. Global Tappet Revenue By Vehicle Type
6.2. Commercial Vehicles
6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3. Passenger Cars
6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA TAPPET MARKET BY COUNTRY
7.1. North America Tappet Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. North America Tappet Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Tappet Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
CHAPTER 8. EUROPETAPPET MARKET BY COUNTRY
8.1. Europe Tappet Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Europe Tappet Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFICTAPPET MARKET BY COUNTRY
9.1. Asia-Pacific Tappet Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Asia-Pacific Tappet Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
CHAPTER 10. LATIN AMERICATAPPET MARKET BY COUNTRY
10.1. Latin America Tappet Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Latin America Tappet Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICATAPPET MARKET BY COUNTRY
11.1. Middle East & AFRICA Tappet Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Middle East & AFRICA Tappet Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
11.5. Rest of Middle East & AFRICA
11.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Capacity, 2020 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Schaeffler AG
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Type Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Eaton
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Type Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. NSK Ltd.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Type Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Federal-Mogul LLC.
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Type Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. AC Delco
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Type Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Otics Operation
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Type Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. TRW
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Type Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Competition Cams, Inc.
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Type Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Rane Engine Valve Limited
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Type Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Lunati
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Type Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Type Portfolio
12.11.5. Key Developments
12.11.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope