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Thursday, February 8, 2024

Global Automotive Cylinder Head Market is Anticipated to Grow at a CAGR of 2.8% during 2024 to 2030

The future of the global automotive cylinder head market looks promising with opportunities in the commercial vehicle and passenger vehicle markets. The global automotive cylinder head market is expected to reach an estimated $12 billion by 2030 with a CAGR of 2.8% from 2024 to 2030. The major drivers for this market are rising preference for lightweight cylinder head and growing demand for fuel-efficient vehicles.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the automotive cylinder head market by type (cast iron, aluminium, and others), component (head gasket, exhaust, valves, spark plug mounts, camshaft, and others), application (commercial vehicle, passenger vehicle, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, cast iron and aluminium are the major segments of automotive cylinder head market by type. Lucintel forecasts that cast iron will remain the larger segment over the forecast period due to it's superior strength and wear resistance, making it suitable for high-performance engines.

Within this market, commercial vehicle is expected to witness the higher growth over the forecast period.

Download sample by clicking on automotive cylinder head market.

APAC is expected to witness highest growth over the forecast period due to existence of supportive government policies and investments in electric vehicles and expanding automotive production in the region.

KS-Huayu Alutech, Weber Automotive, Linamar, Samyoung Machinery, Double E Europe, Teksid, Raja Automotivve Components, Beijing Funch Autoparts, Ruian Bohong Automobile Parts, and Anhui Zhongjian Machinery Parts are the major suppliers in the automotive cylinder head market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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