India Engine Valves and Parts Market Outlook to 2022: Ken Research
The report titled “ India Engine Valves and Parts Market Outlook to 2022 – Organized Sector will continue to penetrate the Market in the Future � provides a comprehensive analysis of engine valves and parts in India. The report focuses on overall market size for engine valves and parts sold in India, market segmentation by OEM and aftermarket, by market structure (organized sector and unorganized sector), by type of engine valves and parts (valves, guides and tappets), by deployment (automotive segment and non-automotive segment), by type of vehicles (passenger and commercial vehicles, two wheelers, LCV and HCV and others) and by type of valves (rotary valve, poppet valve and sleeve valve).
The report also covers company profile of major players, market share; trade scenario; decision making process, trends and developments and issues and challenges. The report concludes with porter five forces analysis, market projection for future and analyst recommendations highlighting the major opportunities and cautions. Market Size for Engine Valves and Parts in India India engine valves and parts market generated revenue worth INR ~ million in FY’2017 exhibiting a five year CAGR of ~% from FY’2012 to FY’2017. The market for sales bounced back at INR ~ million in FY’2015 after registering a decline of (~%) and (~%) in FY’2013 and FY’2014, respectively due to decrease in sales of three wheelers and passenger and commercial vehicles, collectively. India is poised to be one of the fastest growing engine valves and parts markets worldwide, thus catering to the needs of both global and domestic players such as OEMs and aftermarket. Substantial investments was proposed in automotives, sector in the 12th five year plan (FY’2012FY’2017) and was one of the major driving forces responsible for growth of engine valves and parts market in India.
India Engine Valves and Parts Market Segmentation By OEMs and Aftermarket Original Equipment Manufacturers (OEMs) dominate the purchase volumes of engine valves and parts with revenue share worth ~% in FY’2017. The aftermarket parts in India are usually less expensive in comparison with OEM parts. The aftermarket companies reverse engineer the particular part in order to handle its weaknesses. By Market Structure The organized sector caters to the need of OEMs, thus dominating the India engine valves and parts market with revenue share worth ~% in FY’2017. On the other hand, the unorganized sector made its presence felt in the market by capturing revenue share worth ~% in FY’2017 by fulfilling the needs of aftermarket coupled with increasing replacement demand of valves and spare parts in the sector.
By Type of Engine Valves and Parts Valves have mammoth share worth ~% in revenue generated from sale of engine valves and parts in FY’2017. On the other hand, valve guides was ranked second in market with revenue share worth ~% majorly due to high demand for motorcycle engine valves in India engine valves and parts market in FY’2017. At last, tappets were able to capture minimum revenue share of ~% in FY’2017. By Type of Vehicles Based on type of vehicles, engine valves and parts market can be classified into two wheelers, passenger and commercial vehicles, LCV and HCV and others. The passenger and commercial vehicles segment dominated with revenue share worth ~% in FY’2017 owning to development of valve actuation technologies to optimize control of engine air flow. Two wheelers segment was witnessed to generate ~% revenue share in FY’2017 majorly due to increasing demand of mobility in India. The remaining share of ~% was collectively captured by LCV, HCV and other vehicles.
By Type of Valves Based on type of valves; engine valves and parts market can be classified into rotary, sleeve and poppet valves. The rotary valve segment dominated the India engine valve and parts market by capturing revenue share of ~% in FY’2017. Future Outlook Over the forecast period, India engine valves and parts market will prepare itself to meet the future demand expected from the substantial investment proposed in key segments such as automotives and industrial sector. Initiatives are taken by the Ministry of Petroleum & Natural Gas to introduce CNG as a fuel source for two wheelers to curb rising air pollution in India, thus leading to increase in demand for fuel emission control valves for two wheelers. The passenger cars segment in India is expected to dominate more than half of the India engine valves and parts market with revenue share worth ~% by FY’2022. The two wheelers segment followed passenger cars with
an expectation to attain revenue share of ~% by FY’2022. Several automobile manufacturers from global players such as Audi to domestic manufacturers such as Maruti Suzuki, Mahindra & Mahindra are trying to discover the chances of introducing driverless self-driven cars in India. LCV and HCV segment are expected to capture minimal share of ~% in India engine valves and parts market by FY’2022. Key Topics Covered in the Report India Engine Valves and Parts Market Overview and Genesis Value Chain Analysis of India Engine Valves and Parts Market India Engine Valves and Parts Market Size India Engine Valves and Parts Market Segmentation End User Analysis for Buying Engine Valves And Parts In India Trade Scenario for Engine Valves in India Trends and Development in India Engine Valves and Parts Market
Issues and challenges in India Engine Valves and Parts market Porter’s Five Forces Analysis in India Engine Valves and Parts Market
Market Share of Major Players in India Engine Valves and Parts Market Company Profile of Major Players in India Engine Valves and Parts Market India Engine Valves and Parts Market Future Outlook and Projections Macro Factors Affecting India Engine Valves and Parts Market Domestic Manufacturing Engine Valve India Tappet Engine Valve Component Automotive Valves Market Trends Oem Market Engine Valve India Engine Valve Market Engine Valve Guides Market Valve Guides and Tappets Manufacturers India Market Developments Engine Valve Industrial Valve Market in India India Engine Valve Manufacturers Rane Engine Valve Market Share India Revenue Engine Valve India Engine Valve Industry Growth
Growth Drivers Engine Valve India Engine Valve Market Leader in India To know more about the research report: https:// www.kenresearch.com/automotive-transportation-and-warehousing/auto motive-and-automotive-components/india-engine-valve-parts-market/1 26974-100.html Related Reports by Ken Research https:// www.kenresearch.com/automotive-transportation-and-warehousing/aut omotive-and-automotive-components/india-premium-car-exchange-mark et-report/80168-100.html https://www.kenresearch.com/automotive-transportation-and-warehousi ng/automotive-and-automotive-components/india-multi-brand-car-servi cing-report/10745-100.html
https://www.kenresearch.com/automotive-transportation-and-wareh ousing/automotive-and-automotive-components/india-preowned-twowheelers-market-report/6912-100.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204