Market Overview:
The global automotive rocker arm assembly market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. Steel is expected to remain the most preferred material type for automotive rocker arm assemblies during the forecast period. However, aluminum alloys are anticipated to witness high growth rates over the forecast period owing to their properties such as light weight and corrosion resistance.
Product Definition:
An automotive rocker arm assembly is a component of an engine that helps to convert the linear motion of the pistons into rotational motion. The assembly includes a rocker arm, pushrod, and lifter. The rocker arm pivots on the engine block and contacts the pushrod, which transfers force from the piston to the valvetrain. The lifter sits on top of the valve and absorbs force from the camshaft.
Steel:
Rocker arms are used in automotive suspension systems to control the movement of vehicle. It is a type of arm, which is mounted at the end of each beam and uses leverage effect to resist or absorb shocks. Rocker arms are manufactured using various materials such as steel, aluminum, polyurethane and polypropylene among others. The material selected depends on factors such as weight preference & cost among other factors.
Anodized Aluminum:
Anodized aluminum is a type of aluminum that has been surface treated by the application of an electrolyte solution. The process gives it a unique color and makes it resistant to corrosion. It also increases the strength and improves the stiffness of the material, making it suitable for use in automotive rocker arm assemblies.
Application Insights:
The passenger vehicle application segment led the global automotive rocker arm assembly 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 among all age groups, especially in developing countries like India and China. Moreover, stringent government regulations regarding reduction in pollution levels will boost industry growth further. For instance, according to Indian Government's norms, the annual production of new cars should not exceed 10 million from 2010 to 2015 which will result into increased demand for commercial vehicles during this time period which will fuel industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is likely to grow at a significant rate over the forecast period. This can be attributed to increasing production facilities, rising disposable income, growing automotive industry, and improving road infrastructure in emerging economies such as China and India. Moreover, favorable government policies are also anticipated to boost demand for automobiles across Asia Pacific countries such as Japan, South Korea & India which will further propel growth during the projected time frame.
Europe was estimated at USD X billion in 2017 owing to high demand from Germany along with other countries including France Italy U K., Spain & Russia that have major automobile manufacturing hubs across Europe are expected drive regional growth through 2030 timeframe).
Growth Factors:
- Increasing demand for automobiles: The global automotive industry is expected to grow at a CAGR of 4.5% from 2016 to 2020, owing to the increasing demand for passenger cars and commercial vehicles. This will result in an increase in the demand for automotive rocker arm assemblies, thereby driving the market growth.
- Technological advancements: Automotive rocker arm assemblies are witnessing technological advancements with respect to design and materials used, which is resulting in their increased adoption by OEMs worldwide. This is further propelling the market growth.
- Rising disposable income: The rising disposable income of consumers across emerging economies is fueling their demand for premium cars, which in turn is boosting the sales of automotive rocker arm assemblies globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Rocker Arm Assembly Market Research Report
By Type
Steel, Anodized Aluminum, Aluminum Alloy, Chrome Steel, Others
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Vektek LLC, COMP Cams, Kalyani Steels, OE Pushrods, Hitchiner Manufacturing Co. Inc., Edelbrock LLC, Lunati LLC, Crower Cams & Equipment, Federal Mogul LLC, Eurocams Ltd, Schaeffler Technologies AG
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Rocker Arm Assembly Market Report Segments:
The global Automotive Rocker Arm Assembly market is segmented on the basis of:
Types
Steel, Anodized Aluminum, Aluminum Alloy, Chrome Steel, 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 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:
- Vektek LLC
- COMP Cams
- Kalyani Steels
- OE Pushrods
- Hitchiner Manufacturing Co. Inc.
- Edelbrock LLC
- Lunati LLC
- Crower Cams & Equipment
- Federal Mogul LLC
- Eurocams Ltd
- Schaeffler Technologies AG
Highlights of The Automotive Rocker Arm Assembly 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:
- Steel
- Anodized Aluminum
- Aluminum Alloy
- Chrome Steel
- Others
- 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 Rocker Arm Assembly 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 rocker arm assembly is a component of the suspension system in a car or truck. It helps to control the movement of the vehicle by providing resistance to motion when it is lifted off of the ground.
Some of the major companies in the automotive rocker arm assembly market are Vektek LLC, COMP Cams, Kalyani Steels, OE Pushrods, Hitchiner Manufacturing Co. Inc., Edelbrock LLC, Lunati LLC, Crower Cams & Equipment, Federal Mogul LLC, Eurocams Ltd, Schaeffler Technologies AG.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Rocker Arm Assembly 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 Rocker Arm Assembly Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Rocker Arm Assembly 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 Rocker Arm Assembly 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 Rocker Arm Assembly Market Size & Forecast, 2020-2028
4.5.1 Automotive Rocker Arm Assembly Market Size and Y-o-Y Growth
4.5.2 Automotive Rocker Arm Assembly 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 Steel
5.2.2 Anodized Aluminum
5.2.3 Aluminum Alloy
5.2.4 Chrome Steel
5.2.5 Others
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 Automotive Rocker Arm Assembly 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 Rocker Arm Assembly 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 Steel
9.6.2 Anodized Aluminum
9.6.3 Aluminum Alloy
9.6.4 Chrome Steel
9.6.5 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 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 Steel
10.6.2 Anodized Aluminum
10.6.3 Aluminum Alloy
10.6.4 Chrome Steel
10.6.5 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 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 Steel
11.6.2 Anodized Aluminum
11.6.3 Aluminum Alloy
11.6.4 Chrome Steel
11.6.5 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 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 Steel
12.6.2 Anodized Aluminum
12.6.3 Aluminum Alloy
12.6.4 Chrome Steel
12.6.5 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 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 Steel
13.6.2 Anodized Aluminum
13.6.3 Aluminum Alloy
13.6.4 Chrome Steel
13.6.5 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) 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 Rocker Arm Assembly Market: Competitive Dashboard
14.2 Global Automotive Rocker Arm Assembly Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vektek LLC
14.3.2 COMP Cams
14.3.3 Kalyani Steels
14.3.4 OE Pushrods
14.3.5 Hitchiner Manufacturing Co. Inc.
14.3.6 Edelbrock LLC
14.3.7 Lunati LLC
14.3.8 Crower Cams & Equipment
14.3.9 Federal Mogul LLC
14.3.10 Eurocams Ltd
14.3.11 Schaeffler Technologies AG
