The flat tappets segment is projected to account for the largest market share in the automotive
tappet market, owing to increasing demand for flat tappet due to its cost effective and fuel-
efficient characteristics, which is propelling its demand in economic and mid-priced vehicles as
well as commercial vehicles.
Global Automotive Tappet Market: Key Trends
High-performance vehicles or racing car engines require high RPM, a standard mechanical
camshaft that inadvertently impacts the output capacity of the engine. Thus camshaft
manufacturers are adopting new methods and technologies that help in converting the
conventional mechanical movements of the camshaft to dynamic cam rotations as per the
engine requirement. Therefore, automakers are inclined towards Hydraulic Flat Tapper
Camshaft (HFTC), a camshaft used in the high-performance vehicles. Hydraulic tappets
camshafts work with an internal cushion of pressurized oil. After initial preload at installation, a
hydraulic camshaft & tappets setup adjusts itself automatically. Moreover, the HFTC provide
6,500 rpm, which in turn help to provide high efficiency to the engine as compared to
conventional camshaft. This factor has led to increased adoption of HFTC over the conventional
cam shaft.
Global Automotive Tappet Market: Regional Insights
The automotive tappets market is projected to witness significant growth in Asia Pacific region
during the forecast period (2018 – 2026). Emerging countries such as India and China are major
growth engine of the market, owing to increasing sales of passenger and commercial vehicles,
which is driving growth of the market in this region. For instance, according to the Organisation
Internationale des Constructeurs d’Automobiles (OICA), the total number of passenger cars sold
in India was 2,966,637 units in 2016, and it increased to 3,227,701 units in 2017. Similarly, in
India the total number of commercial vehicles was 702,640 units in 2016, and it increased to
789,838 units in 2017. Thus, increasing sales of vehicles is expected to fuel growth of the market
in this region.
Global Automotive Tappet Market: Competitive Landscape