PUBLISHER: The Business Research Company | PRODUCT CODE: 1658814
PUBLISHER: The Business Research Company | PRODUCT CODE: 1658814
Automotive valves are mechanical components produced by manufacturers specializing in automotive valves. These components find application in internal combustion engines, regulating the flow of gas or fluid between cylinders or combustion compartments during engine operation. The performance of critical systems, including engine valves and ignition systems, relies directly on the proper functioning of automotive valves.
Key product types within the realm of automotive valves include engine valves, air-conditioner valves, brake valves, thermostat valves, fuel system valves, solenoid valves, exhaust gas recirculation valves, tire valves, and AT control valves. Engine valves, as an example, are mechanical devices crucial for controlling the inflow and outflow of gas or liquid within the cylinders or combustion chambers of internal combustion engines during operation. These valves play a pivotal role in various vehicle types, such as passenger cars, light commercial vehicles, buses, and trucks, powering both internal combustion engines (ICE) and electric vehicles. Applications of automotive valves span across engine systems, HVAC systems, brake systems, and other critical automotive functionalities.
The automotive valves market research report is one of a series of new reports from The Business Research Company that provides automotive valves market statistics, including automotive valves industry global market size, regional shares, competitors with automotive valves market share, detailed automotive valves market segments, market trends, and opportunities, and any further data you may need to thrive in the automotive valves industry. This automotive valve market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The automotive valves market size has grown steadily in recent years. It will grow from $31.44 billion in 2024 to $32.89 billion in 2025 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to rising global vehicle production, stringent emission standards, climate change awareness, growing adoption of electric vehicles, demand for fuel-efficient vehicles.
The automotive valves market size is expected to see strong growth in the next few years. It will grow to $41.35 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to transition to electric and hybrid vehicles, advancements in autonomous vehicles, focus on lightweighting and material innovations, integration of smart valve technologies, global sustainability initiatives. Major trends in the forecast period include focus on lightweighting and material innovations, integration of smart valve technologies, global sustainability initiatives, digitalization and industry 4.0 impact.
The increasing adoption of hybrid electric vehicles (HEVs) is anticipated to drive the growth of the automotive valves market in the future. A hybrid electric vehicle (HEV) combines an internal combustion engine (ICE) propulsion system with an electric propulsion system. Automotive valves utilized in both internal combustion engine (ICE) and battery electric vehicles (BEV) are also employed in HEVs, including HVAC valves, solenoid valves, brake combination valves, and tire valves. These automotive valves are essential for the smooth operation of HEVs. For instance, in January 2024, a report published by the U.S. Energy Information Administration indicated that in 2023, hybrids, plug-in hybrids, and BEVs made up 16.3% of total new light-duty vehicle (LDV) sales, an increase from 12.9% in 2022. The share of these vehicles peaked at 17.9% of total LDV sales in the latter half of 2023. Thus, the growing adoption of hybrid electric vehicles (HEVs) is driving the expansion of the automotive valves market.
The increase in automobile production is expected to further stimulate the growth of the automotive valves market. Higher production levels in the automotive sector often indicate industry expansion, which leads to a greater demand for components like automotive valves that are vital for the proper functioning of vehicles. For example, in December 2023, motor vehicle production in the United States was reported at 10,611,555 units, representing a significant rise from 10,052,958 units in December 2022. The production figures for 2023 suggest a positive trend toward pre-pandemic output levels. Furthermore, according to Invest India, an India-based national investment promotion and facilitation agency, the automobile industry in India produced a total of 22.93 million vehicles-including passenger vehicles, commercial vehicles, three-wheelers, two-wheelers, and quadricycles-from April 2021 to March 2022. Consequently, the increased automobile production is positively influencing the growth of the automotive valves market during the forecast period.
Product innovations are a significant trend gaining traction in the automotive valve market. Key players in the automotive valves sector are concentrating on product innovations to maintain their competitive edge. For instance, in June 2024, TLX Technologies, a US-based machinery manufacturer, launched a new range of modular valve products specifically tailored for electric vehicle (EV) thermal management systems. These modular valves are designed to enhance the efficiency of EV cooling systems by providing precise control of coolant flow, which contributes to improved battery performance and overall vehicle safety. The introduction of these modular solutions optimizes thermal management in electric vehicles, boosts energy efficiency, and extends the lifespan of critical components like batteries and electric motors. This innovation underscores TLX's commitment to supporting the expanding EV market with advanced, customizable thermal management solutions.
Leading companies in the automotive valves market are focusing on developing technologically advanced products, such as EGR valves, to secure a competitive advantage. The new EGR valves are engineered to minimize emissions for various engine types, thereby promoting cleaner and more energy-efficient mobility. For example, in February 2022, BorgWarner, a US-based provider of innovative and sustainable mobility solutions for the vehicle market, broadened its product lineup by introducing over 80 new EGR valves. These additions are part of BorgWarner's ongoing effort to address the strong market demand for cleaner and more energy-efficient mobility solutions. They meet the company's stringent OE quality standards and are available to aftermarket customers worldwide. The 80 new EGR part numbers account for 50% of the vehicles in the EU.
In August 2022, Gentherm, a global leader in thermal management technologies, finalized its acquisition of Alfmeier Prazision SE's automotive business. This acquisition is anticipated to enhance Gentherm's capabilities in providing advanced seating solutions and thermal comfort systems, particularly by integrating Alfmeier's expertise in lumbar and massage systems, fluid pumps, and valve systems. This move aligns with Gentherm's strategy to diversify its product offerings and strengthen its position within the automotive sector.
Major companies operating in the automotive valves market are Denso Corporation, Robert Bosch GmbH, Continental AG, Eaton Corporation, Aisin Seiki Co. Ltd., Schaeffler AG, Mahle Group, BorgWarner Inc., Federal-Mogul Holdings LLC, Hitachi Automotive Systems, Johnson Electric, FTE Automotive, Knorr-Bremse AG, Valeo SA, Mikuni Corporation, Hilite International, Rheinmetall Automotive AG, ElringKlinger AG, Magna International Inc., Camshaft Machine Company, GKN Driveline, AVK Holding A/S, Cummins Inc., Tenneco Inc., Dana Incorporated, WABCO Holdings Inc., Rotex Automation, Fujikiko Co. Ltd.
Asia-Pacific was the largest region in the automotive valves market share in 2024. The regions covered in the automotive valves market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive valves market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The automotive valves market consists of sales of poppet valve, sleeve valve, rotary valve and reed valves. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Automotive Valves Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on automotive valves market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for automotive valves ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The automotive valves market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.