Techno World Automotive-Roller-Tappets-Market | Page 2

and performance through increasing the revolutions per minute (RPM). Owing to its critical
applications in camshafts, increasing adoption of VTEC or VVT is expected to drive the
automotive roller tappets market growth through the forecast period.
Mechanical products are expected to dominate the automotive roller tappets market
share primarily owing to design simplicity and high consumer inclination
The mechanical segment consists of the cylindrical rod incorporated with tappet at the one end.
When placed in between the push rod and cam lobe, it establishes and maintains small gap
amidst the two ends. It pushes the rod for opening or closing the valve, when cam lobe comes in
contact. According to Coherent Market Insights, the mechanical product counterpart is expected
to continue its dominance over the forecast period, owing to its design simplicity and good
performance
over
the
next
few
years.
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Asia Pacific will continue its industry share dominance over the forecast period
High demands for automotive production in major Asia Pacific economies that include prominent
countries such as China, India, Japan, Indonesia, South Korea and Thailand are expected to
provide substantial growth prospects over the next few years. Moreover, establishment of
production facilities in these regions by the major automobile industry participants that include
General Motors, Daimler, and Volkswagen are expected to provide strong growth prospects for
automotive roller tappets market growth.
Industry competition is characterized by versatile presence of local, regional and international
players. Local players are increasingly focusing on differentiating their products through
providing low cost alternatives, wherein are finding difficult to cope up with the quality and
extensive portfolio of the key brands in the industry. Key automotive roller tappets market
participants include MPCams, Lunati, Crower Cams & Equipment, OTICS USA, ISKY Cams, Rane
Engine Valve, Wuxi Xizhou, Yuhuan Huiyu, SM Motorenteile, Jinan, Schaeffler, Johnson lifters,
Morel
Lifters,
NSK,
and
Competition
Cams.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-
ready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.