The Automotive Variable Intake Air Control Valve Market is being driven by Growing demand for gasoline direct injection systems
The Automotive Variable Intake Air Control Valve Market is expected to grow at a CAGR of 6.65% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 2.58 billion. The emergence of FreeValve engines, a groundbreaking innovation from Koenigsegg's business unit, poses a potential challenge to the growth of the global automotive variable intake air control valve market. These engines, which operate without a camshaft and utilize pneumatic, hydraulic, or electromagnetic actuators for valve control, do not require intake air control valves. However, the significant advantages of FreeValve engines, including a 47% increase in torque, 45% more power, 15% less fuel consumption, and 35% fewer emissions, are anticipated to boost the demand for automotive variable intake air control valves. This is due to the continued production and adoption of conventional engines in the automotive industry, ensuring the market's sustained growth throughout the forecast period.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
167 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.65% |
Market growth 2024-2028 |
USD 2.58 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2023-2024(%) |
5.81 |
Key countries |
US, China, Japan, UK, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Automotive Variable Intake Air Control Valve Market is driven by consumer preferences for fuel-efficient vehicles, sustainability, and emissions reduction. Middle-class consumers prioritize performance and durability in their automotive component choices. Manufacturing technologies, sensors, and real-time adjustments enable engine efficiency and compliance with environmental regulations. Novel materials and eco-friendly automotive solutions are key trends, with a focus on emissions control and engine performance. Technological advancements in engine control systems and emissions regulations influence valve construction and operating conditions. Sustainable practices and materials are essential for manufacturing processes, while artificial intelligence and connectivity enhance production processes and industry dynamics. Electric vehicles and emissions reduction are significant factors, with a growing emphasis on engine parameters, vehicle ownership, and environmental impact.
The Automotive Variable Intake Air Control Valve Market is a significant segment of the global Automotive Parts and Equipment Market, which encompasses organizations producing components and accessories for various automotive sectors, including passenger vehicles, electric vehicles (EVs), commercial vehicles, heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. According to Technavio, market expansion will be fueled by the rise of advanced engine designs, sustainable manufacturing practices, and the integration of smart mobility solutions in next-generation automotive. The increasing demand for electronic control units (ECUs) and other electrical components due to the growing sales of EVs, motorcycles, and passenger cars is another crucial factor driving market growth. The global Automotive Parts and Equipment Market's size is determined by the consolidated revenue generated by manufacturers of automotive components and equipment.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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