Authored By: Sarah
12 Dec 2023

Tappets in Motion: Zooming into a USD 1.81 Billion Engine Boom by 2027 

The Automotive Tappets market is a dynamic sector that revolves around essential components vital for engine functionality. Tappet Manufacturers play a pivotal role in producing Engine Valve Lifters, including Hydraulic Valve Lifters and Solid Lifters, which are integral parts of the valve train.

Between 2023 and 2027, the automotive tappets market is projected to expand with an estimated Compound Annual Growth Rate (CAGR) of 3.95%.  The market is expected to witness a rise of USD 1.81 billion in size. Propelled by rapid urbanization and rising disposable incomes, there's an escalating requirement for engine components, including tappets, valve lifters, hydraulic systems, and other vital valve train components, crucial for engine functionality.

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Snapshot of Automotive Tappets Market

The automotive industry is rapidly expanding in countries like India and China due to heightened consumer demand, resulting in an upsurge in vehicle requirements. Consequently, Tappet Manufacturers have escalated their production capacities to meet this demand, creating a greater need for high-quality tappets. This shift is poised to propel market growth in the coming years. Notable entities in this domain include AB SKF, COMP Cams, Crower Cams and Equipment Co. Inc., Cummins Inc., Decora Auto Forge Pvt. Ltd, Eaton Corp. Plc, Garima Global Pvt Ltd., Johnson Lifters L.L.C, Lunati LLC, NSK Ltd., Power Industries., Rane Holdings Ltd., RMW International, and RSR Industries. Dive further into this thriving industry to explore the innovations molding the future of Automotive Tappets Market

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