The automotive camshaft market is expected to grow from USD 3.12 billion in 2020 to USD 4.48 billion by 2028, at a CAGR of 4.6% during the forecast period 2021-2028.
The camshaft of the car works to activate the opening and control the period before closing the intake and exhaust valves. In addition, it provides a drive for both the ignition distributor and the mechanical fuel pump. The camshaft ensures the existence of the cycle of events at the correct time in association with the movement of the pistons. It also ensures, simultaneously, the sequential operations of each valve according to the firing order. The function of the camshaft is to convert the rotary movement of the crankshaft into an oscillating movement of the camshaft by means of the camshaft profile. The shape of the cam profile defines the lift of the valve and is, therefore, a fundamental setting parameter in the design of the gas exchange and, therefore the combustion process.
Important factors impacting the growth of the automotive camshaft market are an increase in the sale of motor vehicles and the expansion of automobile manufacturing facilities. The demand for large, high-powered diesel engines is increasing in end-uses such as racing cars and recreational vehicles. Additionally, manufacturers are focusing on the use of pushrods in V-8 and high-speed engines. This is anticipated to be a significant driver of the automotive camshaft pushrod market during the forecast period. A camshaft pushrod system is generally installed on large diesel engines to transfer the lubricating oil to the cylinder head. The camshaft acts as an important component of the engine. Therefore, an increase in car sales is expected to result in further growth of the camshaft market in the coming years. In addition, the presence of local suppliers in the market and high-cost services hamper the growth of the automotive camshaft market. In addition, the development of high-performance camshafts for racing and sports cars and an increase in demand for diesel and high-power engines are expected to drive the growth of the automotive camshaft market.
This study delivers a comprehensive analysis of manufacturing technology, vehicle type, sales and region. The manufacturing technology segment includes cast camshaft, forged steel camshaft and assembled camshaft. The forged steel camshaft segment held the largest market share in 2020, owing to their higher strength than their cast counterparts. The vehicle type segment includes passenger vehicles, light commercial vehicles and heavy commercial vehicles. The passenger vehicles segment holds the largest market share in 2020, owing to the increased sales of cars in developing countries. The sales segment includes OEM and aftermarket. The OEM segment held the largest market share in 2020, owing to their durability and high strength, which lowers the replacement cost.
The market has been divided into North America, Asia-Pacific, Europe, Middle East & Africa, and South America. The Asia Pacific holds the largest market share in the year 2020, owing to the presence of key manufacturers in Asian countries, including China, India, and Japan. Growth in the number of automotive vehicles registration and the growing middle-class population is supposed to pave the way for the growth of the Asia Pacific automotive camshaft market. Europe and North America are also expected to show significant growth in the forecast period due to Germany and the U.S. being the largest contributor to the automotive camshaft market in their respective regions.
Some of the key players in the market are Melling Engine Parts, JBM Industries, Estas Camshaft, MAHLE GmbH, Newman Cams, LACO camshafts, Meritor, Inc., Piper RS Ltd., Kautex Textron GmbH & Co. KG, ThyssenKrupp, Nilax Overseas, J- Cam Engineering Corporation, Camshaft Machine Company, and Schrick Camshaft. Most of these companies concentrate on providing advanced and technologically driven products to enhance their product offerings in the market.
Automotive Camshaft Market Analysis and Forecast, Manufacturing Technology
Automotive Camshaft Market Analysis and Forecast, Vehicle Type
Automotive Camshaft Market Analysis and Forecast, Sales
Automotive Camshaft Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Manufacturing Technology
4.3.2. Market Attractiveness Analysis By Vehicle Type
4.3.3. Market Attractiveness Analysis By Sales
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increase in sale of automotive vehicles
5.2.2. Rising investments in automotive camshaft manufacturing companies
5.3. Restraints
5.3.1. Availability of low-quality camshaft
5.3.2. Presence of local vendors
6. Global Automotive Camshaft Market Analysis and Forecast, By Manufacturing Technology
6.1. Segment Overview
6.2. Cast Camshaft
6.3. Forged Steel Camshaft
6.4. Assembled Camshaft
7. Global Automotive Camshaft Market Analysis and Forecast, By Vehicle Type
7.1. Segment Overview
7.2. Passenger Vehicles
7.3. Light Commercial Vehicles
7.4. Heavy Commercial Vehicles
8. Global Automotive Camshaft Market Analysis and Forecast, By Sales
8.1. Segment Overview
8.2. OEM [Original Equipment Manufacturer]
8.3. Aftermarket
9. Global Automotive Camshaft Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Automotive Camshaft Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Automotive Camshaft Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Melling Engine Parts
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. LACO camshafts
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. JBM Industries
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. MAHLE GmbH
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Newman Cams
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Meritor, Inc.
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Piper RS Ltd.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Kautex Textron GmbH & Co. KG
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. ThyssenKrupp
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Estas Camshaft
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. J- Cam Engineering Corporation
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Nilax Overseas
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Camshaft Machine Company
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Schrick Camshaft
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
List of Table
1. Global Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
2. Global Cast Camshaft, Automotive Camshaft Market, By Region, 2018-2028 (USD Billion)
3. Global Forged Steel Camshaft, Automotive Camshaft Market, By Region, 2018-2028 (USD Billion)
4. Global Assembled Camshaft, Automotive Camshaft Market, By Region, 2018-2028 (USD Billion)
5. Global Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
6. Global Passenger Vehicles, Automotive Camshaft Market, By Region, 2018-2028 (USD Billion)
7. Global Light Commercial Vehicles, Automotive Camshaft Market, By Region, 2018-2028 (USD Billion)
8. Global Heavy Commercial Vehicles, Automotive Camshaft Market, By Region, 2018-2028 (USD Billion)
9. Global Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
10. Global OEM [Original Equipment Manufacturer], Automotive Camshaft Market, By Region, 2018-2028 (USD Billion)
11. Global Aftermarket, Automotive Camshaft Market, By Region, 2018-2028 (USD Billion)
12. North America Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
13. North America Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
14. North America Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
15. U.S. Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
16. U.S. Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
17. U.S. Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
18. Canada Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
19. Canada Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
20. Canada Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
21. Mexico Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
22. Mexico Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
23. Mexico Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
24. Europe Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
25. Europe Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
26. Europe Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
27. Germany Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
28. Germany Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
29. Germany Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
30. France Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
31. France Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
32. France Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
33. U.K. Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
34. U.K. Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
35. U.K. Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
36. Italy Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
37. Italy Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
38. Italy Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
39. Spain Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
40. Spain Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
41. Spain Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
42. Asia Pacific Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
43. Asia Pacific Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
44. Asia Pacific Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
45. Japan Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
46. Japan Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
47. Japan Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
48. China Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
49. China Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
50. China Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
51. India Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
52. India Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
53. India Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
54. South America Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
55. South America Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
56. South America Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
57. Brazil Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
58. Brazil Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
59. Brazil Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
60. Middle East and Africa Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
61. Middle East and Africa Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
62. Middle East and Africa Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
63. UAE Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
64. UAE Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
65. UAE Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
66. South Africa Automotive Camshaft Market, By Manufacturing Technology, 2018-2028 (USD Billion)
67. South Africa Automotive Camshaft Market, By Vehicle Type, 2018-2028 (USD Billion)
68. South Africa Automotive Camshaft Market, By Sales, 2018-2028 (USD Billion)
List of Figures
1. Global Automotive Camshaft Market Segmentation
2. Global Automotive Camshaft Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Automotive Camshaft Market Attractiveness Analysis By Manufacturing Technology
9. Global Automotive Camshaft Market Attractiveness Analysis By Vehicle Type
10. Global Automotive Camshaft Market Attractiveness Analysis By Sales
11. Global Automotive Camshaft Market Attractiveness Analysis By Region
12. Global Automotive Camshaft Market: Dynamics
13. Global Automotive Camshaft Market Share By Manufacturing Technology (2021 & 2028)
14. Global Automotive Camshaft Market Share By Vehicle Type (2021 & 2028)
15. Global Automotive Camshaft Market Share By Sales (2021 & 2028)
16. Global Automotive Camshaft Market Share By Regions (2021 & 2028)
17. Global Automotive Camshaft Market Share By Company (2020)
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