Market Overview:
The global automotive camshaft followers market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to register a CAGR of 5.1% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). The oscillating camshaft follower type segment is expected to account for a major share of the global automotive camshaft followers market in 2018. This segment is anticipated to expand at a CAGR of 5.5% during the forecast period. Passenger vehicles are anticipated witness highest adoption of automotive camshaft followers and account for majority revenue share in 2018.
Product Definition:
A cam follower, also known as a tappet, is a specialized type of roller bearing used in automotive engines to follow the cam profile and thus transfer motion from the camshaft to the valvetrain. The importance of automotive cam followers is that they act as a critical link between the camshaft and valves, ensuring that both open and close at precisely the right time.
Oscillating Camshaft Follower:
Oscillating Camshaft Follower (OCF) is a type of valve actuation system used in automotive camshafts. It consists of a flexible rubber diaphragm, mounted between the stationary and moving parts, which creates an oscillating motion around its centerline.
As the engine speed increases, so does the follower’s movement; however at some point it will reach its maximum position.
Translating Camshaft Follower:
The camshaft follower is a small metal or plastic gear that is mounted on the end of each camshaft. It helps in synchronizing the rotational speed of each cylinder and ensures smooth functioning of engines. The main role played by a Camshaft Follower (CF) is to reduce friction between the followers and lobes, which prevents them from binding and causing damage to both engine components.
A typical automotive engine has four valves per cylinder, two exhausts.
Application Insights:
The trucks and trailer segment led the global automotive camshaft followers market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to rising demand for commercial vehicles, such as trucks, from various industries, including construction, mining and transportation. Furthermore, technological advancements in engine design are expected to increase the utilization of camshaft followers in future years.
Passenger vehicle application is estimated to be one of the prominent segments witnessing growth during the forecast period owing to increasing consumer disposable income levels across various regions coupled with growing demand for passenger cars among young adults and middle-aged population groups around the world. Moreover, stringent government regulations regarding emission control are anticipated to drive product demand over next eight years or so throughout most major economies worldwide; this trend is likelyto positively influence industry growth over time frame mentioned above.
Regional Analysis:
Asia Pacific is expected 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, China and Japan coupled with rising disposable income of consumers in these countries. Furthermore, stringent government regulations regarding fuel economy are expected to drive the demand for more powerful engines over the forecast period.
Europe accounted for over 25% market share in terms of revenue in 2017 owing to high demand from passenger cars and commercial vehicles applications across major European economies including Germany, France Italy and U.K., among others. North America also held a significant market share due Camshaft Followers Market Size To Owing Large Engine Displacement Vehicles Such As Buses And Trucks & Trailers To Be More Efficiently Maintained Over The Long Term By Automating routine maintenance tasks that are typically performed by hand thereby reducing overall cost per vehicle component rotation cycle (TCRC).
Growth Factors:
- Increasing demand for automobiles: The global automotive industry is expected to grow at a CAGR of around 4% during the forecast period. This will lead to an increase in demand for cam followers, which will in turn drive the market growth.
- Rising popularity of diesel engines: Diesel engines are becoming increasingly popular due to their high efficiency and low emissions levels. This is likely to boost the demand for cam followers, as they are used in diesel engines.
- Growing focus on fuel economy: Automotive manufacturers are focusing on fuel economy as a key parameter while designing new vehicles models. Cam followers play an important role in improving fuel economy and this is likely to spur market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Camshaft Followers Market Research Report
By Type
Oscillating Camshaft Follower, Translating Camshaft Follower
By Application
Passenger Vehicle, Commercial Vehicle, Trucks & Trailers, Others
By Companies
AB SKF, Carter Manufacturing Ltd., Crower Cams & Equipment Company, Inc., Delphi Automotive LLP, Federal-Mogul LLC, Magneti Marelli, Mann+Hummel, National Precision Bearing Group, RBC Bearings Inc., Schaeffler Technologies AG & Co. KG, THK CO., LTD.
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
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Camshaft Followers Market Report Segments:
The global Automotive Camshaft Followers market is segmented on the basis of:
Types
Oscillating Camshaft Follower, Translating Camshaft Follower
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, Trucks & Trailers, Others
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:
- AB SKF
- Carter Manufacturing Ltd.
- Crower Cams & Equipment Company, Inc.
- Delphi Automotive LLP
- Federal-Mogul LLC
- Magneti Marelli
- Mann+Hummel
- National Precision Bearing Group
- RBC Bearings Inc.
- Schaeffler Technologies AG & Co. KG
- THK CO., LTD.
Highlights of The Automotive Camshaft Followers 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:
- Oscillating Camshaft Follower
- Translating Camshaft Follower
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Trucks & Trailers
- Others
- 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 Automotive Camshaft Followers 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
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- Consumer Insights
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- Product & Brand Management
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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?
Automotive camshaft followers are a type of valvetrain component that helps control the flow of air and fuel into and out of an engine. They are typically made from metal or plastic, and they have lobes that rotate around a central hub. This motion helps to open and close the valves in the engine, which allows air and fuel to be delivered to the cylinders.
Some of the key players operating in the automotive camshaft followers market are AB SKF, Carter Manufacturing Ltd., Crower Cams & Equipment Company, Inc., Delphi Automotive LLP, Federal-Mogul LLC, Magneti Marelli, Mann+Hummel, National Precision Bearing Group, RBC Bearings Inc., Schaeffler Technologies AG & Co. KG, THK CO., LTD..
The automotive camshaft followers market is expected to register a CAGR of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Camshaft Followers 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 Automotive Camshaft Followers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Camshaft Followers 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 Automotive Camshaft Followers 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 Automotive Camshaft Followers Market Size & Forecast, 2018-2028
4.5.1 Automotive Camshaft Followers Market Size and Y-o-Y Growth
4.5.2 Automotive Camshaft Followers Market Absolute $ Opportunity
Chapter 5 Global Automotive Camshaft Followers 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 Automotive Camshaft Followers Market Size Forecast by Type
5.2.1 Oscillating Camshaft Follower
5.2.2 Translating Camshaft Follower
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Camshaft Followers 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 Automotive Camshaft Followers Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.2.3 Trucks & Trailers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Camshaft Followers 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 Automotive Camshaft Followers 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 Automotive Camshaft Followers Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Camshaft Followers 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 Automotive Camshaft Followers Market Size Forecast by Type
9.6.1 Oscillating Camshaft Follower
9.6.2 Translating Camshaft Follower
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 Automotive Camshaft Followers Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.10.3 Trucks & Trailers
9.10.4 Others
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 Automotive Camshaft Followers Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Camshaft Followers 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 Automotive Camshaft Followers Market Size Forecast by Type
10.6.1 Oscillating Camshaft Follower
10.6.2 Translating Camshaft Follower
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 Automotive Camshaft Followers Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.10.3 Trucks & Trailers
10.10.4 Others
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 Automotive Camshaft Followers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Camshaft Followers 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 Automotive Camshaft Followers Market Size Forecast by Type
11.6.1 Oscillating Camshaft Follower
11.6.2 Translating Camshaft Follower
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 Automotive Camshaft Followers Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.10.3 Trucks & Trailers
11.10.4 Others
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 Automotive Camshaft Followers Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Camshaft Followers 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 Automotive Camshaft Followers Market Size Forecast by Type
12.6.1 Oscillating Camshaft Follower
12.6.2 Translating Camshaft Follower
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 Automotive Camshaft Followers Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.10.3 Trucks & Trailers
12.10.4 Others
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) Automotive Camshaft Followers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Camshaft Followers 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) Automotive Camshaft Followers Market Size Forecast by Type
13.6.1 Oscillating Camshaft Follower
13.6.2 Translating Camshaft Follower
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) Automotive Camshaft Followers Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.10.3 Trucks & Trailers
13.10.4 Others
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 Automotive Camshaft Followers Market: Competitive Dashboard
14.2 Global Automotive Camshaft Followers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AB SKF
14.3.2 Carter Manufacturing Ltd.
14.3.3 Crower Cams & Equipment Company, Inc.
14.3.4 Delphi Automotive LLP
14.3.5 Federal-Mogul LLC
14.3.6 Magneti Marelli
14.3.7 Mann+Hummel
14.3.8 National Precision Bearing Group
14.3.9 RBC Bearings Inc.
14.3.10 Schaeffler Technologies AG & Co. KG
14.3.11 THK CO., LTD.
