Automotive valves are mechanical or electromechanical devices that are used to control the flow of gas, liquid, slurry, or other fluid materials. The main types of valves that are used in various systems of the vehicles include engine (inlet & outlet) valves, brake combination valve, A/C expansion valve, thermostat valve, fuel system valve, solenoid valve, exhaust gas recirculation valve, tire valve, and selective catalytic reduction water valve. These valves have been studied in detail in the following report.
The vendor DIVE provides information about the major players that offer automotive valves and outlines the findings and analysis on how well each market vendor performs within the predefined DIVE criteria. The vendor evaluations are based on two broad categories—product offering and business strategy. Each category carries various criteria based on which the vendors are evaluated. The evaluation criteria considered under product offering includes the breadth of offering, product innovation, and market presence (OEM and aftermarket). The evaluation criteria considered under business strategy include reach (by geographic presence), revenue growth, infrastructure and key clients channel, inorganic growth (by partnerships, collaborations, and acquisitions), and organic growth.
The visionary leaders or vanguards have a strong portfolio of devices, solutions, and services offering in the automotive valves market. These vendors have been marking their presence in the automotive valves market by offering highly advanced, customized, and easily deployable solutions for the OEMs, coupled with their robust business strategy to achieve constant growth in the automotive valves market.
The dynamic companies have an innovative portfolio of solutions and services and an extensive network of channel partners to increase the deployment of their solutions across a multitude of vertical markets. Over the years, the dynamic vendors have been consistently generating positive revenue growth in the automotive valves market and their market position is boosted by the organic and inorganic ventures undertaken by them over the period.
The innovators have an innovative portfolio of automotive valves and a robust potential to build strong business strategies for their business growth to be at par with the vanguards. These vendors have been consistently offering an innovative portfolio of automotive valves to customers to fulfill their demands. Innovators have been forefront in deploying innovative solutions in the market.
The majority of the emerging vendors have been undertaking multiple acquisitions and boosting their sales capabilities across various regions to offer integrated solutions, devices, and services to a wide range of clients. The automotive valves market is segmented by application type into engine system, HVAC system, brake system, and others (which include tires, safety, SCR system, and body). The automotive valves are used to control the flow of fluid (gases, liquids, fluidized solids, or slurries) in different systems by opening and closing. Various systems of the vehicle have a number of automotive valves such as engine system (inlet & outlet) valve, fuel valve, automatic transmission valve, EGR valve, and solenoid valve. In the Heat ventilation & air conditioning (HVAC) system, A/C expansion valve, thermostat valve, and solenoid valve are installed in the cooling system of both, the engine and cabin. The brake system contains many solenoid valves and the brake combination valve, which is attached to the master cylinder. The selective catalytic reduction valve, safety valve, tire valve, and body, which includes power windows, doors, trunk, and other interior system of the vehicle, are considered in the same subsegment. The increase in the global vehicle production volume and growing installation of high responsive valves to improve the performance of the vehicle are the key factors fueling the growth of the automotive valves market. The automotive valves market has witnessed positive growth in developing countries along with developed ones.