Market Overview:
The global automotive idle speed control valve 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), according to a new study by Transparency Market Research (TMR). The growth of the global automotive idle speed control valve market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. In addition, rising awareness about fuel efficiency among consumers is also expected to boost the demand for automotive idle speed control valves during the forecast period. Based on type, bronze/brass segment is anticipated to account for a major share of revenue in global automotive idle speed control valve market during 2018-2030. This segment accounted for more than 50% share of total revenue generated by type segment in 2017 and is expected witness highest CAGR over next 10 years owing growing preference for these valves among OEMs on account of their properties such as durability and corrosion resistance. Cast iron segment held second largest share in terms value contribution followed by ductile iron segments in 2017; however, ductile iron are anticipated grow at highest rate over next 10 years due its high strength-to-weight ratio which makes it suitable material choice for manufacturing ISCV’s as compared with other two types segments aforementioned .
Product Definition:
The automotive idle speed control valve is a device that helps regulate the engine's idle speed. It does this by allowing air to bypass the throttle plate when it is closed, which increases the engine's idle speed. This valve is important because it helps keep the engine running smoothly, and also helps reduce emissions.
Bronze/Brass:
The global bronze/brass, it's usage and growth factor in the automotive idle speed control valve market size was valued at USD 4.0 billion in 2016. The increasing demand for fuel efficient engines is expected to drive market growth over the forecast period.
Cast Iron:
Cast iron is a type of metal that is obtained from melting cast bars in the presence of high heat and pressure. It has a higher melting point than steel and hence it can be used as an effective heat conductor. Cast iron also has good mechanical properties such as strength, hardness, durability, ductility & weldability at low temperatures which makes it suitable for manufacturing various automotive components including engine valves & covers.
Application Insights:
The passenger cars segment dominated the global automotive idle speed control valve market in 2017 and is expected to maintain its dominance over the forecast period. The increasing number of young population, especially in countries such as India and China, has led to a sharp rise in demand for passenger vehicles. This trend is expected to continue over the forecast period thus driving product demand.
Commercial vehicles are also estimated to witness significant growth owing to rising industrialization and urbanization which have resulted in an increased need for commercial transportation services across various regions of the world. Furthermore, stringent government regulations regarding road safety coupled with growing awareness about vehicle maintenance are likely drive industry growth further. These factors are anticipated to increase product penetration across various applications including trucks/lorries, buses/coaches among others thereby propelling market growth during the study period.
Regional Analysis:
Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing automobile production in China, India, Japan, and South Korea. Moreover, rising disposable income coupled with government initiatives such as “Make in India†are expected to fuel regional demand during the forecast period.
Europe was another major contributor towards idle speed control valve industry growth owing to stringent emission norms implementation by various governments across European countries such as U.K., Germany, France among others which resulted into increased demand for Idle Control Valve (ICV) systems across Europe region from 2016-2017 till 2018-2019 academic year respectively.
Growth Factors:
- Increasing demand for fuel-efficient vehicles
- Stringent emission norms by regulatory authorities
- Rising demand for luxury and premium cars
- Development of advanced technologies to improve fuel economy and reduce emissions
- Growing popularity of electric and hybrid vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Idle Speed Control Valve Market Research Report
By Type
Bronze/Brass, Cast Iron, Ductile Iron, Others
By Application
Passenger Cars, Commercial Vehicles
By Companies
Aisin Keikinzoku (Japan), MIKUNI (Japan), Bosch (Germany), Schrader (USA), Aisin Keikinzoku (Japan)
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 Idle Speed Control Valve Market Report Segments:
The global Automotive Idle Speed Control Valve market is segmented on the basis of:
Types
Bronze/Brass, Cast Iron, Ductile Iron, Others
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 Cars, Commercial Vehicles
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:
- Aisin Keikinzoku (Japan)
- MIKUNI (Japan)
- Bosch (Germany)
- Schrader (USA)
- Aisin Keikinzoku (Japan)
Highlights of The Automotive Idle Speed Control Valve 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:
- Bronze/Brass
- Cast Iron
- Ductile Iron
- Others
- By Application:
- Passenger Cars
- Commercial Vehicles
- 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 Idle Speed Control Valve 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 automotive idle speed control valve is a device that regulates the speed of an engine when it is not in use. It allows the engine to idle at a lower RPM, which reduces fuel consumption and emissions.
Some of the key players operating in the automotive idle speed control valve market are Aisin Keikinzoku (Japan), MIKUNI (Japan), Bosch (Germany), Schrader (USA), Aisin Keikinzoku (Japan).
The automotive idle speed control valve 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 Idle Speed Control Valve 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 Idle Speed Control Valve Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Idle Speed Control Valve 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 Idle Speed Control Valve 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 Idle Speed Control Valve Market Size & Forecast, 2018-2028
4.5.1 Automotive Idle Speed Control Valve Market Size and Y-o-Y Growth
4.5.2 Automotive Idle Speed Control Valve Market Absolute $ Opportunity
Chapter 5 Global Automotive Idle Speed Control Valve 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 Idle Speed Control Valve Market Size Forecast by Type
5.2.1 Bronze/Brass
5.2.2 Cast Iron
5.2.3 Ductile Iron
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Idle Speed Control Valve 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 Idle Speed Control Valve Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Idle Speed Control Valve 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 Idle Speed Control Valve 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 Idle Speed Control Valve Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Idle Speed Control Valve 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 Idle Speed Control Valve Market Size Forecast by Type
9.6.1 Bronze/Brass
9.6.2 Cast Iron
9.6.3 Ductile Iron
9.6.4 Others
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 Idle Speed Control Valve Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
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 Idle Speed Control Valve Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Idle Speed Control Valve 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 Idle Speed Control Valve Market Size Forecast by Type
10.6.1 Bronze/Brass
10.6.2 Cast Iron
10.6.3 Ductile Iron
10.6.4 Others
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 Idle Speed Control Valve Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
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 Idle Speed Control Valve Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Idle Speed Control Valve 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 Idle Speed Control Valve Market Size Forecast by Type
11.6.1 Bronze/Brass
11.6.2 Cast Iron
11.6.3 Ductile Iron
11.6.4 Others
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 Idle Speed Control Valve Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
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 Idle Speed Control Valve Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Idle Speed Control Valve 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 Idle Speed Control Valve Market Size Forecast by Type
12.6.1 Bronze/Brass
12.6.2 Cast Iron
12.6.3 Ductile Iron
12.6.4 Others
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 Idle Speed Control Valve Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
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 Idle Speed Control Valve Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Idle Speed Control Valve 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 Idle Speed Control Valve Market Size Forecast by Type
13.6.1 Bronze/Brass
13.6.2 Cast Iron
13.6.3 Ductile Iron
13.6.4 Others
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 Idle Speed Control Valve Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
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 Idle Speed Control Valve Market: Competitive Dashboard
14.2 Global Automotive Idle Speed Control Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aisin Keikinzoku (Japan)
14.3.2 MIKUNI (Japan)
14.3.3 Bosch (Germany)
14.3.4 Schrader (USA)
14.3.5 Aisin Keikinzoku (Japan)
