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Download Free sampleThe global Automobile Engine Valve market was valued at 3717.1 Million USD in 2021 and will grow with a CAGR of 2.53% from 2021 to 2027, based on Research newly published report.
The prime objective of Automobile Engine Valve Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Automobile Engine Valve Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Automobile engine valve is a valve typically used to control the timing and quantity of gas or fuel flow into or flow out of an engine. Both gasoline engine and diesel engine need the valve and it is usually made of special steel and alloy powder.The classification of automobile engine valve includes gasoline engine valve and diesel engine valve, and the proportion of gasoline engine valve in 2016 is about 79%. Europe region is the largest consumption place, with a consumption market share nearly 26% in 2016. Following Europe, China is the second largest consumption place with the consumption market share of 22%. Market competition is intense. Federal-Mogul, Eaton, Mahle, Fuji Oozx, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
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