[English Market Research Report] Global Market for Engine Valves
Product ID: 1473901 Publisher: SkyQuest
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The global market size for engine valves was valued at 6.2 billion USD in 2022 and is expected to grow from 6.34 billion USD in 2023 to 7.62 billion USD by 2031, with a projected CAGR of 2.3% during the forecast period (2024-2031). Valves regulate the amount of fuel and exhaust gases entering each cylinder of a combustion engine in vehicles. By controlling the flow of fuel and exhaust gases into and out of the cylinders, engine valves are essential for the efficient operation of automotive engines. The optimal air-fuel ratio for a vehicle is determined by the timing of the engine valves, allowing the engine to operate as efficiently as possible and reduce pollution. The global production of automobiles is on the rise, and the engine valve market is expected to expand accordingly. Regulations on carbon emissions and consumer demand for high-performance engines are driving the growth of the engine valve market. Additionally, there is a demand from manufacturers for energy-saving technologies such as engine downsizing, which is expected to contribute to market growth throughout the forecast period. Furthermore, the increase in automobile production in developed countries and rising disposable incomes are driving the global industry and boosting the demand for high-output engines in vehicles.
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Publication Date: April 27, 2024 Publisher: SkyQuest Page Information: English 223 Pages Table of Contents Executive Summary Research Methodology Analysis of the Parent Market Key Market Insights Market Dynamics and Outlook Global Engine Valve Market: By Engine Valve Type Global Engine Valve Market: By Vehicle Type Global Engine Valve Market: By Function Type Global Engine Valve Market: By Sales Channel Global Engine Valve Market Size: By Region Competitive Landscape Key Company Profiles *The table of contents and prices for this report are as of the time of publication. Please contact us for the latest information.*
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