Global Automotive Timing Chain Market : Industry Analysis and forecast 2020 – 20Posted by maximizenetworkid on December 17th, 2020 Global Automotive Timing Chain Market size was valued US$ XX Mn. in 2019 and the total revenue is expected to grow about CAGR 5.2% from 2020 to 2027, reaching nearly US$ XX Mn.
Global Automotive Timing Chain Market: Overview The Global Automotive Timing Chain Market is used in high performance engine; the luxury vehicle and premium vehicle uses the timing chain for controlling valve timing. The automotive valve timing plays a vital role in vehicle engine performance. The automotive valve timing belt gets elongated and causes slippage and the geared valve timing causes inertia problem during operation. The timing chain is capable to provide slip free and timing chain life can be estimated as the life of engine. The valve timing chain is lubricated by the engine lubricating oil and it is placed in engine case, this automotive timing chain is driven by camshaft and controls valve timing. Global Automotive Timing Chain Market: Technological Development The Global Automotive Timing Chain Market is technologically divided into two type: roller type chain and silent chain, the silent chain is used in Luxury vehicle and Premium vehicle. This vehicle demands improved performance with silent operation. The increasing sports utility market expected to increase roller type chain market for better vehicle performance. Global Automotive Timing Chain Market: Drivers and Restraints The Automotive Timing Chain offers reduction in friction than the valve timing belt which is accounted about 25%. The automotive timing chain gives more lifespan than the automotive valve timing belt, this chain can be used for entire engine life. This chain offers reliable performance and thus, the manufacturers are preferring timing chain over the timing belt. The improved engine performance with fuel economy improvement is demanded by customer, this is increasing the demand which will increase Global Automotive Timing Chain Market. The passenger vehicle market is increasing in Asia Pacific region, the government is also mandating manufacturers to improve vehicle performance to reduce emission and increase fuel economy, thus manufacturers are trying to do improvement in every area of vehicle. This increases Global Automotive Timing Chain Market due to advantages it offers. The Automotive Timing Chain is lighter than the timing gear which also provides inertia free operation for reduction of engine weight. Global Automotive Timing Chain Market1 Global Automotive Timing Chain Market: Regional Overview Global Automotive Timing Chain Market is segmented region-wise into Asia Pacific, North America, Europe, South America, and Middle East & Africa. Asia Pacific region is expected to be the largest market for Automotive Timing Chain, owing to the dominance of passenger vehicle and increasing performance demand in passenger vehicle which will drive future of Global Automotive Timing Chain Market in the forecasted period. North America and European region are the main market for Luxury Vehicle and Premium Vehicle along with sports vehicle is driving Automotive Timing Chain Market in this region. The report also helps in understanding Automotive Timing Chain Market dynamics, structure by analyzing the market segments and projects the Automotive Timing Chain Market size. Clear representation of competitive analysis of key players By Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Automotive Timing Chain Market make the report investor’s guide. Automotive Timing Chain Market, By Vehicle Type • Passenger Vehicle • Roller Chain • Asia Pacific • Tsubakimoto Europe B.V About Us: Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact info: Like it? Share it! More by this author |
