Market Overview:
The global automotive fuel vent valves market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to register a CAGR of 5.1% over the forecast period (2018–2030) to reach a value of US$ 2,023.4 Mn by 2030. The growth of the global automotive fuel vent valves market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. In addition, stringent emission norms are also fuelling the demand for automotive fuel vent valves globally. The in-line valves segment is expected to account for a major share of the global automotive fuel vent valves market in 2018 owing to its high adoption rate across all vehicle segments. However, with increasing focus on lightweighting technologies and development of advanced valve systems, tank mount valves are expected to witness higher growth rates during the forecast period. Passenger vehicles are anticipated to account for a larger share of the global automotive fuel vent valves market than commercial vehicles during 2018–2030 owingtothe growing demand for these vehicles across regions such as North America, Latin America, Europe and Asia Pacific . However , with rising sales o f commercial ve hicles i n emerging markets such as MEA an d APAC , th e co mmercial vehi cles segment i s expec ted t o record highe r growt h rat es du ring th e foreca st per iod .
Product Definition:
An automotive fuel vent valve is a device that allows fuel vapors to escape from the fuel system. These valves are important because they help prevent gas buildup in the system, which could lead to a fire or explosion.
In-Line Valves:
In-line valves are also known as internal or integrated valves. They are used to control the flow of a liquid in an enclosed system such as a fuel line, heating oil lines, cooling water circuits or air conditioning systems. In-line Valves can be manual or automatic and can operate on the pressure principle (manual) or flow principle (automatic).
Tank Mount Valves:
Tank mount valves are used in automotive fuel vent valves. They are also known as deck mounted or panel mounted valves and they are installed on the tank side of the gas pump. The primary function of these devices is to control the flow rate of fuel from its storage tanks to an engine's carburetor or injection nozzle, thereby controlling how much gasoline gets into a vehicle's engine.
Application Insights:
The passenger vehicle segment led the global automotive fuel vent valves market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for passenger vehicles across various regions, including Asia Pacific, Europe and Middle East & Africa. In addition, technological advancements coupled with stringent government regulations regarding emission are expected to drive the product demand in this segment over the coming years.
Commercial vehicles are anticipated to witness significant growth on account of rising industrialization levels across developing countries such as India and China along with stringent environmental norms adopted by governments across developed countries such as U.S., Germany and France concerning exhaust emissions from commercial vehicles; these factors are likely to propel industry expansion over the coming years. In addition, growing concerns about increased risks associated with gasoline fumes inside commercial vehicle cabs resulting in increased exposure for drivers and passengers is further anticipated to boost industry penetration on a larger scale eventually benefitting market growth worldwide.
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for passenger cars and commercial vehicles, especially in China, India, South Korea, Japan and Australia. This growth can be attributed to rising disposable income of consumers as well as increased government initiatives such as “Make in India†campaign that encourage domestic manufacturing activities across various sectors including automotive.
The European region captured a significant market share owing to stringent emission norms prescribed by governments across Europe that have compelled manufacturers operating within the region to incorporate eco-friendly features into their products thereby driving product adoption rate over the forecast period. North America is also estimated to witness steady growth due to growing preference towards lightweight materials used during vehicle construction coupled with technological advancements pertaining fuel efficiency of vehicles thus enabling customers opting for new car purchases or lease offers from various OEMs at attractive prices thus positively impacting regional growth rate over the next eight years.
Growth Factors:
- Increasing demand for fuel-efficient vehicles: The global automotive market is witnessing a shift towards fuel-efficient vehicles. This is driving the demand for automotive fuel vent valves, as they help in improving the efficiency of the vehicle by reducing emissions.
- Stringent emission norms: Stringent emission norms are being implemented across various countries, which is driving the demand for automotive fuel vent valves that help in reducing emissions from vehicles.
- Technological advancements: The development of new technologies such as electric and hybrid vehicles is leading to an increase in the adoption of automotive fuel vent valves worldwide. These valves play an important role in controlling emissions from these types of vehicles.
- Rising consumer awareness: There has been a rise in consumer awareness about the benefits of using automotive fuel vent valves, which is aiding their growth globally. Consumers are now more inclined towards purchasing cars that come equipped with these devices to improve performance and reduce emissions levels.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Fuel Vent Valves Market Research Report
By Type
In-Line Valves, Tank Mount Valves
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Crown Automotive Sales Co. Inc, Eaton, Fraenkische Rohrwerke Gebr. Kirchner GmbH & Co. KG, Fuel Safe Systems, Newton Equipment Ltd, Perko Inc, Raval, Rheinmetall Automotive AG, Stant Corporation, UNICK CORPORATION, Vitesco Technologies
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Fuel Vent Valves Market Report Segments:
The global Automotive Fuel Vent Valves market is segmented on the basis of:
Types
In-Line Valves, Tank Mount Valves
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:
- Crown Automotive Sales Co. Inc
- Eaton
- Fraenkische Rohrwerke Gebr. Kirchner GmbH & Co. KG
- Fuel Safe Systems
- Newton Equipment Ltd
- Perko Inc
- Raval
- Rheinmetall Automotive AG
- Stant Corporation
- UNICK CORPORATION
- Vitesco Technologies
Highlights of The Automotive Fuel Vent Valves 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:
- In-Line Valves
- Tank Mount Valves
- 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 Automotive Fuel Vent Valves 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?
Automotive fuel vent valves are used to allow air and fuel to escape from the engine while it is running.
Some of the major players in the automotive fuel vent valves market are Crown Automotive Sales Co. Inc, Eaton, Fraenkische Rohrwerke Gebr. Kirchner GmbH & Co. KG, Fuel Safe Systems, Newton Equipment Ltd, Perko Inc, Raval, Rheinmetall Automotive AG, Stant Corporation, UNICK CORPORATION, Vitesco Technologies.
The automotive fuel vent valves market is expected to grow at a compound annual growth rate of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Fuel Vent Valves 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 Fuel Vent Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Fuel Vent Valves 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 Fuel Vent Valves 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 Fuel Vent Valves Market Size & Forecast, 2018-2028
4.5.1 Automotive Fuel Vent Valves Market Size and Y-o-Y Growth
4.5.2 Automotive Fuel Vent Valves Market Absolute $ Opportunity
Chapter 5 Global Automotive Fuel Vent Valves 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 Fuel Vent Valves Market Size Forecast by Type
5.2.1 In-Line Valves
5.2.2 Tank Mount Valves
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Fuel Vent Valves 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 Fuel Vent Valves 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 Automotive Fuel Vent Valves 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 Fuel Vent Valves 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 Fuel Vent Valves Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Fuel Vent Valves 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 Fuel Vent Valves Market Size Forecast by Type
9.6.1 In-Line Valves
9.6.2 Tank Mount Valves
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 Fuel Vent Valves 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 Automotive Fuel Vent Valves Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Fuel Vent Valves 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 Fuel Vent Valves Market Size Forecast by Type
10.6.1 In-Line Valves
10.6.2 Tank Mount Valves
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 Fuel Vent Valves 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 Automotive Fuel Vent Valves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Fuel Vent Valves 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 Fuel Vent Valves Market Size Forecast by Type
11.6.1 In-Line Valves
11.6.2 Tank Mount Valves
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 Fuel Vent Valves 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 Automotive Fuel Vent Valves Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Fuel Vent Valves 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 Fuel Vent Valves Market Size Forecast by Type
12.6.1 In-Line Valves
12.6.2 Tank Mount Valves
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 Fuel Vent Valves 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) Automotive Fuel Vent Valves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Fuel Vent Valves 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 Fuel Vent Valves Market Size Forecast by Type
13.6.1 In-Line Valves
13.6.2 Tank Mount Valves
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 Fuel Vent Valves 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 Automotive Fuel Vent Valves Market: Competitive Dashboard
14.2 Global Automotive Fuel Vent Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Crown Automotive Sales Co. Inc
14.3.2 Eaton
14.3.3 Fraenkische Rohrwerke Gebr. Kirchner GmbH & Co. KG
14.3.4 Fuel Safe Systems
14.3.5 Newton Equipment Ltd
14.3.6 Perko Inc
14.3.7 Raval
14.3.8 Rheinmetall Automotive AG
14.3.9 Stant Corporation
14.3.10 UNICK CORPORATION
14.3.11 Vitesco Technologies
