10:01 AM Automotive Cylinder Head Market Size to Grow at a CAGR of 2.9% by 2022 |
| Automotive Cylinder Head Marketis expected to grow at a CAGR of 2.9% during 2017-22, according to a newly added report by Stratview Research. Organic growth in the automobile production, owing to increasing disposable income and growing urbanization and increasing demand for the lightweight cylinder head to reduce the overall vehicle weight for achieving stringent government regulations, such as CAFE Standards, are the major growth drivers of the global automotive cylinder head market.
The report offers detailed insights in relevant market segments, their growth rates, latest market trends, forecasts, and other important details. The market has been segmented in five ways and the report has more than 150 figures and tables providing the most comprehensive information about the market segments and their growth prospects for the forecast period of 2017-2022.
Request a sample of the report here As per the report, among different vehicle types, The passenger car is expected to remain the dominant segment of the global automotive cylinder head market during the forecast period of 2017 to 2022, driven by higher production of passenger cars than LCVs and MHCVs. The vehicle type is also likely to witness the highest growth during the same period. Based on the material type, the global automotive cylinder head market is segmented as Aluminum Cylinder Head and Iron Cylinder Head. Aluminum is projected to remain the most dominant material type in the global automotive cylinder head market over the next five years. There would be a continuous shift from iron to aluminum cylinder heads because of several factors including lightweight. Stringent regulations imposed by governments of many countries are putting pressure on the automakers to curb the overall vehicle weight to increase fuel efficiency or reduce emissions. Cylinder head could not escape itself from such regulations and experienced a significant change in the selection of materials over the period. The auto industry is rapidly moving towards lightweight materials in most of its components including cylinder head to make the final component light in weight without sacrificing overall performance. Based on the source type, the global automotive cylinder head market is segmented as In-house Manufacturing and Independent Manufacturing. In-house manufacturing is expected to remain the largest segment of cylinder head market in the global automotive industry over the next five years, whereas Independent manufacturing is likely to remain the fastest-growing segment during the same period. All the leading auto OEMs, such as General Motors Company, Ford Motor Company, Toyota Motor Corporation, and Volkswagen AG, are manufacturing cylinder heads in-house for most of their engine models. View the Table of Contents here Asia-Pacific is expected to remain the largest cylinder head market during the forecast period. The region is also expected to experience the highest growth during the same period. Increasing automobile production, especially passenger car is driving the demand for cylinder head in the region. Europe is expected to remain the second largest automotive cylinder head market during the same period. Read the Full Report Description here The report further mentions about the key manufacturing players Ford Motor Company, Toyota Motor Corporation, General Motors Company, Nemak, S.A.B. de C.V., Linamar Corporation, Weber Automotive GmbH, and Teksid S.p.A. who are emerging fast and their roles in the growing market. It also portraits the important mergers, acquisitions, and other current happenings in the Automotive Cylinder Head Market that can be helpful for the interested clients in analysing the market and taking right decisions accordingly. Salient Features of the Report The report on Automotive Cylinder Head Market is a well-researched work after analysing of various data from different reliable sources. The report included some of the salient features such as:
About Stratview Research: Stratview Research is a global research company offering custom research and marker research reports for interested client in different sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Healthcare & Life Sciences, and Oil & Gas. All the reports generated are based on proper data collected from reliable sources and are scrutinized carefully before releasing so that the interested clients and companies can make the most out of it. For inquiries, Contact: Ritesh Gandecha Stratview Research E-mail: sales@stratviewresearch.com Direct: +1-313-307-4176 |
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