Market Overview:
The global automobile engine camshaft market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. Additionally, factors such as rising disposable income and technological advancements are also contributing to the growth of this market. Cast steel camshafts are expected to dominate the global automobile engine camshaft market during the forecast period from 2018 to 2030. This can be attributed to their low cost as compared with forged steel camshafts.
Product Definition:
The camshaft is a cylindrical shaft that has lobes, or cams, along its length. The cams on the camshaft interact with the valves in the engine to open and close them.
Cast Steel Camshaft:
Cast steel camshaft is a type of valve actuation system used in automotive engines. It has been witnessing an increasing demand from the automobile industry over the past few years and this trend is expected to continue over the forecast period. The major factor that attributes towards this growth includes high durability, efficiency along with low maintenance cost associated with cast steel camshafts as compared to their counterparts made up of aluminum or other metals.
Forged Steel Camshaft:
The camshaft is a cylindrical component that is installed in the engine block of an automobile. It has several lobes or lands which are designed to receive and hold the valves. These lobes or lands are used to adjust the lift and duration of each valve as per requirements. The camshafts have different sizes, shapes, and numbers of lands depending upon vehicle models & engines it may be forged steel or aluminum alloyed according to consumer demand.
Application Insights:
The passenger vehicle segment accounted for the largest revenue share of over 60% in 2017. The demand is generally higher for camshafts in passenger vehicles as compared to commercial vehicles. This is due to the former being driven more frequently and at a higher speed, which results in a greater number of engine failures. In addition, these engines are installed on two-wheelers, three-wheelers and four-wheelers that travel shorter distances daily resulting in lesser wear and tear on these components.
Commercial vehicle application segment comprises trucks, buses etc., where durability plays an important role as they are used continuously throughout the year without much variation or changeover of seasons driving conditions etc.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing region, registering a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing automobile production in countries such as India and China. In 2017, Asia Pacific produced 33.7 million units of passenger vehicles and commercial vehicles respectively which accounted for 53% of total global production capacity for both categories combined, as per OICA statistics published in 2018 edition of World Car-Truck Planner (WCP).
The growing demand for automobiles has led major manufacturers including Toyota Motor Corporation; Suzuki Motor Corporation; Honda Motors Co., Ltd.; Hyundai Motor Company; Tata Motors Limited; Nissan Diesel Udyog Limited.; Volkswagen Group GmbH & Co., Ltd.; Skoda Auto Company Ltd.; Fiat Chrysler Automobiles N.V.
Growth Factors:
- Increasing demand for automobiles: The global automobile industry is growing at a rapid pace. This is expected to drive the demand for camshafts in the coming years.
- Technological advancements: Camshaft manufacturers are constantly innovating and introducing new technologies to meet the changing needs of consumers. This is likely to boost the growth of the market in the near future.
- Rising disposable income: A rise in disposable income has led to an increase in consumer spending, especially on luxury items such as automobiles. This is likely to fuel demand for camshafts in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Engine Camshaft Market Research Report
By Type
Cast Steel Camshaft, Forged Steel Camshaft
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
ThyssenKrupp, MAHLE, Kautex Textron (CWC), Seojin Cam, Linamar, Musashi Seimitsu, Precision Camshafts, Riken, Zhongzhou Group, Hejia Industry, ESTAS, JD Norman, Nippon Piston Ring, XILING Power, Schleicher Fahrzeugteile, Shenglong, Xiyuan Camshaft, Tongxin Machinery
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Engine Camshaft Market Report Segments:
The global Automobile Engine Camshaft market is segmented on the basis of:
Types
Cast Steel Camshaft, Forged Steel Camshaft
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ThyssenKrupp
- MAHLE
- Kautex Textron (CWC)
- Seojin Cam
- Linamar
- Musashi Seimitsu
- Precision Camshafts
- Riken
- Zhongzhou Group
- Hejia Industry
- ESTAS
- JD Norman
- Nippon Piston Ring
- XILING Power
- Schleicher Fahrzeugteile
- Shenglong
- Xiyuan Camshaft
- Tongxin Machinery
Highlights of The Automobile Engine Camshaft Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cast Steel Camshaft
- Forged Steel Camshaft
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automobile Engine Camshaft Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automobile engine camshaft is a component of the engine that controls the timing and duration of each intake and exhaust cycle. It also affects valve opening, which in turn affects fuel economy and performance.
Some of the major players in the automobile engine camshaft market are ThyssenKrupp, MAHLE, Kautex Textron (CWC), Seojin Cam, Linamar, Musashi Seimitsu, Precision Camshafts, Riken, Zhongzhou Group, Hejia Industry, ESTAS, JD Norman, Nippon Piston Ring, XILING Power, Schleicher Fahrzeugteile, Shenglong, Xiyuan Camshaft, Tongxin Machinery.
The automobile engine camshaft market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automobile Engine Camshaft Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automobile Engine Camshaft Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automobile Engine Camshaft Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automobile Engine Camshaft Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automobile Engine Camshaft Market Size & Forecast, 2020-2028 4.5.1 Automobile Engine Camshaft Market Size and Y-o-Y Growth 4.5.2 Automobile Engine Camshaft Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cast Steel Camshaft
5.2.2 Forged Steel Camshaft
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automobile Engine Camshaft Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automobile Engine Camshaft Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cast Steel Camshaft
9.6.2 Forged Steel Camshaft
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cast Steel Camshaft
10.6.2 Forged Steel Camshaft
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cast Steel Camshaft
11.6.2 Forged Steel Camshaft
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cast Steel Camshaft
12.6.2 Forged Steel Camshaft
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cast Steel Camshaft
13.6.2 Forged Steel Camshaft
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automobile Engine Camshaft Market: Competitive Dashboard
14.2 Global Automobile Engine Camshaft Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ThyssenKrupp
14.3.2 MAHLE
14.3.3 Kautex Textron (CWC)
14.3.4 Seojin Cam
14.3.5 Linamar
14.3.6 Musashi Seimitsu
14.3.7 Precision Camshafts
14.3.8 Riken
14.3.9 Zhongzhou Group
14.3.10 Hejia Industry
14.3.11 ESTAS
14.3.12 JD Norman
14.3.13 Nippon Piston Ring
14.3.14 XILING Power
14.3.15 Schleicher Fahrzeugteile
14.3.16 Shenglong
14.3.17 Xiyuan Camshaft
14.3.18 Tongxin Machinery