Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Throttle Valves Market by Type (Automatic Throttle Valve, Manual Throttle Valve, Others), By Application (Passenger Cars, Commercial Vehicles) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Throttle Valves Market by Type (Automatic Throttle Valve, Manual Throttle Valve, Others), By Application (Passenger Cars, Commercial Vehicles) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156404 3300 Machinery & Equipment 377 243 Pages 4.7 (38)

Market Overview:

The global throttle valves 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 cars and commercial vehicles across the globe. Additionally, factors such as rising disposable income, technological advancements, and growing awareness about fuel-efficient vehicles are also contributing to the growth of this market. The global throttle valves market is segmented on the basis of type, application, and region. On the basis of type, it is divided into automatic throttle valve (ATV), manual throttle valve (MTV), and others (including electronic control unit [ECU], accelerator pedal position sensor [APPS], etc.). The ATV segment dominates this market owing to its advantages such as fuel efficiency and low emissions over MTVs. On the basis of application, it is classified into passenger cars and commercial vehicles segments. Passenger cars dominate this sector owing to their high demand across different regions worldwide.

Global Throttle Valves Industry Outlook

Product Definition:

Throttle valves are a type of valve used in fluid dynamics to control the flow rate. They are placed in a pipeline and can be opened or closed to change the fluid's velocity.

Automatic Throttle Valve:

An automatic throttle valve is a device that regulates and controls the flow of a fluid by opening and closing an valve according to the demands of an engine. It is mainly used in automotive fuel delivery systems, where it helps control carburetor float bowl venting as well as injectors. An automatic throttle valve can be seen on both sides of the engine; typically mounted on top or at side depending upon its location in an intake or exhaust system respectively.

Manual Throttle Valve:

Manual throttle valve is a manually operated valve that controls the flow of a fluid. It is installed in the intake or exhaust system of an internal combustion engine and allows controlling the air or fuel mixture entering into an engine cylinder. The device works as per user-defined settings, which can be opened by lifting up a lever arm at its base, located on either side of the opening.

Application Insights:

Passenger cars application segment accounted for the largest share of over 50.0% in 2017 and is expected to continue its dominance over the forecast period. The growing demand for passenger cars as a result of increasing disposable income levels coupled with rising employment rates across various regions is expected to be a major factor driving growth during the forecast period.

The commercial vehicles application segment is estimated to witness significant growth during the forecast period, owing to increased government spending on infrastructure development along with industrialization & urbanization projects in developing countries such as China, India and Brazil which are likely to increase investments in heavy-duty trucks resulting into higher demand for throttle valves among other engine components thereby fueling market growth during the projected time frame.

Other applications include marine engines wherethrottle valves are used together with fuel injection systems or carburetors respectively.

Regional Analysis:

Europe dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to stringent government regulations regarding vehicular emissions and fuel consumption coupled with high demand for passenger cars and commercial vehicles. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to increasing disposable income, improving economic conditions, rising vehicle production, and favorable government policies aimed at promoting automotive sales in emerging countries such as India and China. Moreover, growing investments by major players for developing new products will drive product demand further.

Growth Factors:

  • Increasing demand for throttle valves from the automotive industry as they help in improving fuel efficiency and controlling emissions.
  • Growing popularity of electric vehicles which require throttle valves for efficient power management.
  • Rising demand for industrial automation to improve process efficiency and reduce manufacturing costs.
  • Technological advancements that have led to the development of new and innovative throttle valve designs, helping to improve performance and reliability.

Scope Of The Report

Report Attributes

Report Details

Report Title

Throttle Valves Market Research Report

By Type

Automatic Throttle Valve, Manual Throttle Valve, Others

By Application

Passenger Cars, Commercial Vehicles

By Companies

Woodward, Bosch, Ishimitsu Manufacturing, Jidosha Buhin Kogyo, Keihin Nasu, Mikuni, Rheinmetall Automotive

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Throttle Valves Market Report Segments:

The global Throttle Valves market is segmented on the basis of:


Automatic Throttle Valve, Manual Throttle Valve, 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.


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:

  1. Woodward
  2. Bosch
  3. Ishimitsu Manufacturing
  4. Jidosha Buhin Kogyo
  5. Keihin Nasu
  6. Mikuni
  7. Rheinmetall Automotive

Global Throttle Valves Market Overview

Highlights of The Throttle Valves Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Automatic Throttle Valve
    2. Manual Throttle Valve
    3. Others
  1. By Application:

    1. Passenger Cars
    2. Commercial Vehicles
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Throttle 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:

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Global Throttle Valves Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Throttle valves are a type of valve that open and close to control the flow of air or fuel into an engine.

Some of the major players in the throttle valves market are Woodward, Bosch, Ishimitsu Manufacturing, Jidosha Buhin Kogyo, Keihin Nasu, Mikuni, Rheinmetall Automotive.

The throttle valves market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Throttle Valves Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Throttle Valves Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Throttle Valves Market - Supply Chain
   4.5. Global Throttle Valves Market Forecast
      4.5.1. Throttle Valves Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Throttle Valves Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Throttle Valves Market Absolute $ Opportunity

5. Global Throttle Valves Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Throttle Valves Market Size and Volume Forecast by Type
      5.3.1. Automatic Throttle Valve
      5.3.2. Manual Throttle Valve
      5.3.3. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Throttle Valves Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Throttle Valves Market Size and Volume Forecast by Application
      6.3.1. Passenger Cars
      6.3.2. Commercial Vehicles
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Throttle Valves Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Throttle Valves Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Throttle Valves Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Throttle Valves Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Throttle Valves Demand Share Forecast, 2019-2026

9. North America Throttle Valves Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Throttle Valves Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Throttle Valves Market Size and Volume Forecast by Application
      9.4.1. Passenger Cars
      9.4.2. Commercial Vehicles
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Throttle Valves Market Size and Volume Forecast by Type
      9.7.1. Automatic Throttle Valve
      9.7.2. Manual Throttle Valve
      9.7.3. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Throttle Valves Demand Share Forecast, 2019-2026

10. Latin America Throttle Valves Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Throttle Valves Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Throttle Valves Market Size and Volume Forecast by Application
      10.4.1. Passenger Cars
      10.4.2. Commercial Vehicles
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Throttle Valves Market Size and Volume Forecast by Type
      10.7.1. Automatic Throttle Valve
      10.7.2. Manual Throttle Valve
      10.7.3. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Throttle Valves Demand Share Forecast, 2019-2026

11. Europe Throttle Valves Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Throttle Valves Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Throttle Valves Market Size and Volume Forecast by Application
      11.4.1. Passenger Cars
      11.4.2. Commercial Vehicles
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Throttle Valves Market Size and Volume Forecast by Type
      11.7.1. Automatic Throttle Valve
      11.7.2. Manual Throttle Valve
      11.7.3. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Throttle Valves Demand Share, 2019-2026

12. Asia Pacific Throttle Valves Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Throttle Valves Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Throttle Valves Market Size and Volume Forecast by Application
      12.4.1. Passenger Cars
      12.4.2. Commercial Vehicles
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Throttle Valves Market Size and Volume Forecast by Type
      12.7.1. Automatic Throttle Valve
      12.7.2. Manual Throttle Valve
      12.7.3. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Throttle Valves Demand Share, 2019-2026

13. Middle East & Africa Throttle Valves Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Throttle Valves Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Throttle Valves Market Size and Volume Forecast by Application
      13.4.1. Passenger Cars
      13.4.2. Commercial Vehicles
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Throttle Valves Market Size and Volume Forecast by Type
      13.7.1. Automatic Throttle Valve
      13.7.2. Manual Throttle Valve
      13.7.3. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Throttle Valves Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Throttle Valves Market: Market Share Analysis
   14.2. Throttle Valves Distributors and Customers
   14.3. Throttle Valves Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Woodward Overview Financials Developments Strategic Outlook
      14.4.2. Bosch Overview Financials Developments Strategic Outlook
      14.4.3. Ishimitsu Manufacturing Overview Financials Developments Strategic Outlook
      14.4.4. Jidosha Buhin Kogyo Overview Financials Developments Strategic Outlook
      14.4.5. Keihin Nasu Overview Financials Developments Strategic Outlook
      14.4.6. Mikuni Overview Financials Developments Strategic Outlook
      14.4.7. Rheinmetall Automotive Overview Financials Developments Strategic Outlook
      14.4.8. COMPANY8 Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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