The North America Tappet Market would witness market growth of 2.9% CAGR during the forecast period (2022-2028).
High RPM is necessary for high-performance automobiles or racing car engines, which unintentionally reduces the engine's output. As a result, camshaft producers are using new techniques and technologies to transform the traditional mechanical motions of the camshaft into dynamic cam rotations following engine demands. Therefore, the hydraulic flat tapper camshaft (HFTC), a camshaft utilized in high-performance automobiles, is preferred by manufacturers.
Camshafts with hydraulic tappets operate with an internal oil cushion under pressure. A hydraulic camshaft & tappets combination adjusts itself automatically after installing the first preload. The HFTC offers 6,500 rpm, which helps the engine run more efficiently compared to a standard camshaft. Because of this, HFTC is now more often used than traditional camshafts.
The region's automotive demand is continuously changing due to growing quantities of trade in commodities and resources, increasing globalization of value chains, developments in driving technology, and a focus on driver and passenger safety. The transportation industry directly affects Canadians' safety, security, economic, and social well-being by transporting enormous and increasing quantities of people and products. Until November 2021, there were around 25 million registered road cars in Canada. Consequently, there will be tremendous development potential for the suppliers in the North American tappet market as the region's demand for automobiles grows.
The US market dominated the North America Tappet Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,070.6 million by 2028. The Canada market is poised to grow at a CAGR of 5.2% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 4.3% during (2022 - 2028).
Based on End User, the market is segmented into Economic Passenger Cars, Luxury Passenger Cars and Mid-priced Passenger Cars. Based on Engine Capacity, the market is segmented into <4 Cylinders, 4-6 Cylinders and >6 Cylinders. Based on Type, the market is segmented into Flat and Roller. Based on Vehicle Type, the market is segmented in to Light Duty Vehicles and Heavy Commercial Vehicles. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Tappet Market is Estimated to reach $10.3 Billion by 2028, at a CAGR of 3.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Eaton Corporation PLC, NSK Ltd., Schaeffler AG, Otics Corporation, Tenneco, Inc. (Federal-Mogul Holdings), Rane Engine Valve Limited (Rane Holdings Limited), Wuxi Xizhou Machinery Co. Ltd., GM Holden Ltd (ACDelco), ZF Friedrichshafen AG (TRW), and COMP Cams (Edelbrock Group).
Scope of the Study
Market Segments Covered in the Report:
By End User
- Economic Passenger Cars
- Luxury Passenger Cars
- Mid-priced Passenger Cars
By Engine Capacity
- <4 Cylinders
- 4-6 Cylinders
- >6 Cylinders
By Type
By Vehicle Type
- Light Duty Vehicles
- Heavy Commercial Vehicles
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Eaton Corporation PLC
- NSK Ltd.
- Schaeffler AG
- Otics Corporation
- Tenneco, Inc. (Federal-Mogul Holdings)
- Rane Engine Valve Limited (Rane Holdings Limited)
- Wuxi Xizhou Machinery Co. Ltd.
- GM Holden Ltd (ACDelco)
- ZF Friedrichshafen AG (TRW)
- COMP Cams (Edelbrock Group)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Tappet Market, by End User
1.4.2 North America Tappet Market, by Engine Capacity
1.4.3 North America Tappet Market, by Type
1.4.4 North America Tappet Market, by Vehicle Type
1.4.5 North America Tappet Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Tappet Market by End User
3.1 North America Economic Passenger Cars Market by Country
3.2 North America Luxury Passenger Cars Market by Country
3.3 North America Mid-priced Passenger Cars Market by Country
Chapter 4. North America Tappet Market by Engine Capacity
4.1 North America <4 Cylinders Market by Country
4.2 North America 4-6 Cylinders Market by Country
4.3 North America >6 Cylinders Market by Country
Chapter 5. North America Tappet Market by Type
5.1 North America Flat Market by Country
5.2 North America Roller Market by Country
Chapter 6. North America Tappet Market by Vehicle Type
6.1 North America Light Duty Vehicles Market by Country
6.2 North America Heavy Commercial Vehicles Market by Country
Chapter 7. North America Tappet Market by Country
7.1 US Tappet Market
7.1.1 US Tappet Market by End User
7.1.2 US Tappet Market by Engine Capacity
7.1.3 US Tappet Market by Type
7.1.4 US Tappet Market by Vehicle Type
7.2 Canada Tappet Market
7.2.1 Canada Tappet Market by End User
7.2.2 Canada Tappet Market by Engine Capacity
7.2.3 Canada Tappet Market by Type
7.2.4 Canada Tappet Market by Vehicle Type
7.3 Mexico Tappet Market
7.3.1 Mexico Tappet Market by End User
7.3.2 Mexico Tappet Market by Engine Capacity
7.3.3 Mexico Tappet Market by Type
7.3.4 Mexico Tappet Market by Vehicle Type
7.4 Rest of North America Tappet Market
7.4.1 Rest of North America Tappet Market by End User
7.4.2 Rest of North America Tappet Market by Engine Capacity
7.4.3 Rest of North America Tappet Market by Type
7.4.4 Rest of North America Tappet Market by Vehicle Type
Chapter 8. Company Profiles
8.1 Schaeffler AG
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.5.2 Geographical Expansions:
8.2 NSK Ltd.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.3 Eaton Corporation PLC
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental Analysis
8.3.4 Research & Development Expense
8.4 Rane Engine Valve Limited (Rane Holdings Limited)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expenses
8.5 ZF Friedrichshafen AG (TRW)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.6 Wuxi Xizhou Machinery Co. Ltd.
8.6.1 Company Overview
8.7 GM Holden Ltd (ACDelco)
8.7.1 Company Overview
8.8 Tenneco, Inc. (Federal-Mogul Holdings)
8.8.1 Company Overview
8.9 COMP Cams (Edelbrock Group)
8.9.1 Company Overview
8.10. OTICS Corporation
8.10.1 Company Overview
TABLE 1 North America Tappet Market, 2018 - 2021, USD Million
TABLE 2 North America Tappet Market, 2022 - 2028, USD Million
TABLE 3 North America Tappet Market by End User, 2018 - 2021, USD Million
TABLE 4 North America Tappet Market by End User, 2022 - 2028, USD Million
TABLE 5 North America Economic Passenger Cars Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Economic Passenger Cars Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Luxury Passenger Cars Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Luxury Passenger Cars Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Mid-priced Passenger Cars Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Mid-priced Passenger Cars Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Tappet Market by Engine Capacity, 2018 - 2021, USD Million
TABLE 12 North America Tappet Market by Engine Capacity, 2022 - 2028, USD Million
TABLE 13 North America <4 Cylinders Market by Country, 2018 - 2021, USD Million
TABLE 14 North America <4 Cylinders Market by Country, 2022 - 2028, USD Million
TABLE 15 North America 4-6 Cylinders Market by Country, 2018 - 2021, USD Million
TABLE 16 North America 4-6 Cylinders Market by Country, 2022 - 2028, USD Million
TABLE 17 North America >6 Cylinders Market by Country, 2018 - 2021, USD Million
TABLE 18 North America >6 Cylinders Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Tappet Market by Type, 2018 - 2021, USD Million
TABLE 20 North America Tappet Market by Type, 2022 - 2028, USD Million
TABLE 21 North America Flat Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Flat Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Roller Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Roller Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Tappet Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 26 North America Tappet Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 27 North America Light Duty Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Light Duty Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Heavy Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Heavy Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Tappet Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Tappet Market by Country, 2022 - 2028, USD Million
TABLE 33 US Tappet Market, 2018 - 2021, USD Million
TABLE 34 US Tappet Market, 2022 - 2028, USD Million
TABLE 35 US Tappet Market by End User, 2018 - 2021, USD Million
TABLE 36 US Tappet Market by End User, 2022 - 2028, USD Million
TABLE 37 US Tappet Market by Engine Capacity, 2018 - 2021, USD Million
TABLE 38 US Tappet Market by Engine Capacity, 2022 - 2028, USD Million
TABLE 39 US Tappet Market by Type, 2018 - 2021, USD Million
TABLE 40 US Tappet Market by Type, 2022 - 2028, USD Million
TABLE 41 US Tappet Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 42 US Tappet Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 43 Canada Tappet Market, 2018 - 2021, USD Million
TABLE 44 Canada Tappet Market, 2022 - 2028, USD Million
TABLE 45 Canada Tappet Market by End User, 2018 - 2021, USD Million
TABLE 46 Canada Tappet Market by End User, 2022 - 2028, USD Million
TABLE 47 Canada Tappet Market by Engine Capacity, 2018 - 2021, USD Million
TABLE 48 Canada Tappet Market by Engine Capacity, 2022 - 2028, USD Million
TABLE 49 Canada Tappet Market by Type, 2018 - 2021, USD Million
TABLE 50 Canada Tappet Market by Type, 2022 - 2028, USD Million
TABLE 51 Canada Tappet Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 52 Canada Tappet Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 53 Mexico Tappet Market, 2018 - 2021, USD Million
TABLE 54 Mexico Tappet Market, 2022 - 2028, USD Million
TABLE 55 Mexico Tappet Market by End User, 2018 - 2021, USD Million
TABLE 56 Mexico Tappet Market by End User, 2022 - 2028, USD Million
TABLE 57 Mexico Tappet Market by Engine Capacity, 2018 - 2021, USD Million
TABLE 58 Mexico Tappet Market by Engine Capacity, 2022 - 2028, USD Million
TABLE 59 Mexico Tappet Market by Type, 2018 - 2021, USD Million
TABLE 60 Mexico Tappet Market by Type, 2022 - 2028, USD Million
TABLE 61 Mexico Tappet Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 62 Mexico Tappet Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 63 Rest of North America Tappet Market, 2018 - 2021, USD Million
TABLE 64 Rest of North America Tappet Market, 2022 - 2028, USD Million
TABLE 65 Rest of North America Tappet Market by End User, 2018 - 2021, USD Million
TABLE 66 Rest of North America Tappet Market by End User, 2022 - 2028, USD Million
TABLE 67 Rest of North America Tappet Market by Engine Capacity, 2018 - 2021, USD Million
TABLE 68 Rest of North America Tappet Market by Engine Capacity, 2022 - 2028, USD Million
TABLE 69 Rest of North America Tappet Market by Type, 2018 - 2021, USD Million
TABLE 70 Rest of North America Tappet Market by Type, 2022 - 2028, USD Million
TABLE 71 Rest of North America Tappet Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 72 Rest of North America Tappet Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 73 Key Information – Schaeffler AG
TABLE 74 Key Information – Nsk ltd.
TABLE 75 key information – Eaton Corporation PLC
TABLE 76 Key Information – Rane Engine Valve Limited
TABLE 77 Key Information – ZF Friedrichshafen AG
TABLE 78 Key Information – Wuxi Xizhou Machinery Co. Ltd.
TABLE 79 Key Information – GM Holden Ltd
TABLE 80 Key Information – Tenneco, Inc.
TABLE 81 Key Information – COMP Cams
TABLE 82 Key Information – OTICS Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Schaeffler AG