Global Automotive Roller Tappets Market 2017-2021
About Automotive Roller Tappets
A tappet is a small cylindrical component used in all ICEs (internal combustion engines) along with the camshaft for opening and closing the inlet and exhaust valves. It is placed in between the camshaft and the push rod. Roller tappets have a small roller bearing at one end to reduce friction and increase the valve open or close timing. In each ICE, the number of roller tappets will be equal to the number of valves.
Technavio’s analysts forecast the global automotive roller tappets market to grow at a CAGR of 6.61% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive roller tappets market for 2017-2021. To calculate the market size, the report considers new production and installations of the roller tappets in automotive and excludes the aftermarket roller tappets.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Roller Tappets Market 2017-2021
Technavio recognizes the following companies as the key players in the global automotive roller tappets market: COMPCams, Crower Cams & Equipment, Lunati, SM Motorenteile, Schaeffler, and NSK.
Other Prominent Vendors in the market are: Jinan, Rane Engine Valve, Wuxi Xizhou, Yuhuan Huiyu, Morel Lifters, ISKY Cams, Johnson lifters, and OTICS USA.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is introduction of roller bearing in roller tappets. The conventional roller tappets are used both in mechanical and hydraulic type. The roller tappets use a conventional sliding bearing which comes in contacts with the cam lobe.”
According to the report, one driver in the market is increasing demand for high-performance vehicles. The popular car racing series, such as the Formula One, National Association for Stock Car Auto Racing (NASCAR), and other motorbike races attract sponsorships. Vehicles, such as SUVs, dirt bikes, monster trucks, solar cars, sprint cars, and touring cars, which have various engine sizes also participate in the racing events. The rising number of racing championships has led to an increase in the demand for high-performance vehicles.
Further, the report states that one challenge in the market is increasing prices of steel. Steel is a key component of an automotive roller tappet. Any fluctuation in the price of steel has a direct impact on the manufacturing cost. The global steel market will grow if the producers find the right balance between globalization and customization. It is estimated that the hike in the price of coking coal will increase the manufacturing cost of steel.
COMPCams, Crower Cams & Equipment, Lunati, SM Motorenteile, Schaeffler, NSK, Jinan, Rane Engine Valve, Wuxi Xizhou, Yuhuan Huiyu, Morel Lifters, ISKY Cams, Johnson lifters, and OTICS USA.
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