How Much Is The Rocker Arm Assembly Industry Worth? March 15, 2022
According to the report, the global rocker arm assembly market is projected to surpass US$ 23 Bn mark by 2030, expanding at a CAGR of ~1% during the forecast period. Rapid urbanization owing to an increase in population seeking employment, development of road and infrastructure, and expansion of the construction industry are expected to fuel the demand for transportation. Furthermore, growth of the eCommerce industry coupled with rapid expansion of the logistics industry across the globe and rise in demand for heavy duty vehicles for cargo transport and shipment are anticipated to propel the demand for heavy commercial vehicles. All these factors are anticipated to increase the production of automobiles during the forecast period and consequently, drive the global rocker arm assembly market.
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Expansion of Rocker Arm Assembly Market
The rise in government initiatives for reduction of vehicle emission across the globe is expected to fuel the use of rocker arms in vehicle engines globally, which in turn is likely to boost the automotive rocker arm assembly market growth. Engine modification is the adjustment or tuning of the internal combustion engine (ICE) to yield optimal performance, and increase the engine’s power output, fuel economy, and durability. Tuning the rocker arms in an engine in terms of higher ratio of rocker arms enables the same cam lobe profile to produce the total valve lift, resulting in increased power output. Aftermarket players also introduced roller rocker arms to replace stamped steel stock rocker arms in the older vehicle models to increase their performance. Performance rockers contain a roller bearing center fulcrum and a roller on the valve end of the arm to reduce friction. These are huge improvements over the stock rockers, which enable performance at higher rpms with reduced friction. According to some manufacturers, changing from stud mounted rockers to shaft mounted rockers produces 10 to 15 more horsepower owing to increased valve train stability. Therefore, trends toward engine modification are expected to propel the