QYResearch: In 2016, global revenue of automobile engine valve is nearly 3420 M USD

QYResearch: In 2016, global revenue of automobile engine valve is nearly 3420 M USD ●Research Report ● Market Survey and Research ●Industry Analysis

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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.

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In the last several years, global market of automobile engine valve developed smoothly, with an average growth rate of 4%. In 2016, global revenue of automobile engine valve is nearly 3420 M USD; the actual consumption is about 1975 million units.

According to QYResearch, The global average price of automobile engine valve is in the decreasing trend, from 1.82 USD/Unit in 2012 to 1.73 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.

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%.

Automobile engine valve is widely used for passenger vehicle and commercial vehicle. The most proportion of automobile engine valve is passenger vehicle, and the consumption proportion is about 74%.

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%. qyresearchglobal.com

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 highend customers; have been formed in the monopoly position in the industry.

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