Rocker Arm Assembly - Global Market Outlook (2020-2028)

Rocker Arm Assembly - Global Market Outlook (2020-2028)

According to Stratistics MRC, the Global Rocker Arm Assembly Market is accounted for $20.82 billion in 2020 and is expected to reach $26.38 billion by 2028 growing at a CAGR of 3.0% during the forecast period. Factors such as the increasing number of residential and commercial construction projects, agricultural mechanization, and rise in government initiatives for the reduction in vehicle emission are driving the growth of the market. However, the raw material shortage caused by corona pandemic across the world is hampering the growth of the market.

A rocker arm assembly is a collection of several rocker arms, a rocker shaft, rocker arm brackets, spacers, springs and supports. These components are pre-assembled into groups to facilitate the system to be mounted directly on the engine head.

Based on the application, the automotive segment is anticipated to expand at a rapid pace during the forecast period owing to the development of road and infrastructure coupled with rapid expansion of the logistics industry. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the increase in vehicle production along with the rise in disposable income of the population across the region.

Some of the key players profiled in the Rocker Arm Assembly Market include Deere & Company, Atlas Copco, General Motors, Volkswagen, Eaton, Mahindra, Caterpillar, Toyota, Volvo Group, AGCO Corporation, Mitsubishi Heavy Industries, CNH Global NV, Fiat Chrysler, Nissan, and Hyundai.

Applications Covered:
• Automotive
• Marine
• Agriculture
• Rolling Stock Diesel Engine
• Construction & Mining Equipment
• Stationary Engines

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances