Automotive Camshaft Market

An automotive camshaft is a vital component in an automobile’s engine. It finds
immense application in the internal combustion engine. In an automobile, internal
combustion engine occurs by allowing small amounts of fuel and air mixture into
various parts of an engine at different times through a number of valves. The
camshaft is a metal shaft, which rotates continuously and pushes protruding parts
such as lobes against the valves carrying the fuel and air mixture. As the camshaft
rotates, the movement of the lobes open the valves. The lobes are generally round
teardrop shaped or oval. There is one lobe in the camshaft for every valve as each
valves are positioned differently to push open each and every specific valves at
different times. In order to have a better performance of a vehicle, it is extremely
important to have camshafts that can time the opening of valves perfectly. The two
major materials used for the manufacturing of camshafts are chilled iron castings
and billet steel.
Increasing production of vehicles and rising demand for passenger vehicles is a
major driving factor for the automotive camshaft market. In addition, rising trend of
engine downsizing and stringent automobile standards are the other major factors
motivating the growth for advanced and light-weight camshafts globally. Moreover,
growth in the automotive sector and rising investments in automotive camshaft
manufacturing companies across the world is set to influence the market
significantly during the forecast period.
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The automotive camshaft market can be classified by manufacturing technology, by
application and by geography. The manufacturing technology segment can be
classified into cast camshaft, forged steel camshaft and assembled camshaft. By
application, the market can be segregated as passenger vehicles, light commercial
vehicles and heavy commercial vehicles. By geography, the market can be
segmented into North America, Europe, Asia Pacific, Middle East and Africa and
Latin America.
In the automotive camshaft market, Asia Pacific holds the largest market share in
terms of revenue followed by Europe, North America, Latin America and, Middle East
and Africa (MEA). In the Asia Pacific region, countries such as China and India has
been witnessing heavy demand and production for passenger vehicles. This in turn
is increasing the demand of camshafts in passenger vehicles of above mentioned
countries. In Europe, Germany is the most significant market and the largest
contributor to the automotive camshaft market in the region because of the
presence of major automobile manufactures in Germany. In North America, the U.S.
is the largest market for automotive camshaft. The U.S. is the second largest
manufacturer of automobiles in the world. The growth rate of automotive camshaft
market in Latin America, and Middle East and Africa is low considering the less
usage and production of vehicles in the aforementioned regions. However, with the
growth in the automotive sector and investments in automobile companies of Latin

America and Middle East and Africa, the market for automotive camshaft is
expected to improve in the coming years.
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The report also provides company market share analysis of the various industry
participants. Acquisition is the main strategy being widely followed by leading
market players. In case of an acquisition, the acquirer takes advantage of existing
synergies. As a result, both companies are expected to emerge more profitable and
stronger than before. Key players in the global automotive camshaft market have
been profiled and their company overview, financial overview, business strategies
and recent developments have been covered in the report. Major market
participants profiled in this report include: MAHLE GmbH, Kautex Textron GmbH &
Co. KG, ThyssenKrupp, Estas Camshaft, J-Cam Engineering Corporation, Melling
Engine Parts, LACO camshafts, JBM Industries, Nilax Overseas, Camshaft Machine
Company, Newman Cams, Meritor, Inc., Piper RS Ltd., and Schrick Camshaft among
others.
The report offers a comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections about market size. The
projections featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report serves as a
repository of analysis and information for every facet of the market, including but
not limited to: Regional markets, technology, types, and applications.
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