Global Automotive Idle Air Control Valve Market, By Type (Pulse Solenoid Valve Type, Rotary Solenoid Valve Type, Stepping Motor Type), End Use (Light Commercial Vehicles, Heavy Commercial Vehicles, Passenger Cars, Two and Three Wheelers, Sports Cars), Distribution Channel (Original Equipment Manufacturers (OEM), Aftermarket), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Automotive Idle Air Control Valve Market
The automotive idle air control valve market is expected to witness market growth at a rate of 13% in the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive idle air control valve market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for various automotive vehicles globally is escalating the growth of automotive idle air control valve market.
An idle air control valve, also known as IAC, refers to the type of equipment that assists in altering the amount of air flowing into the engine when the engine of a stationary vehicle is running. Idling is when the automobile is not in motion, but the engine is running. This generally happens when the car is stopped for brief moments, such as stopping at a traffic light. During this time, the engine runs without any load other than engine accessories.
The expansion of production in the automobile sector across the globe acts as one of the major factors driving the growth of idle air control valve market. The rise in the number of research and development initiatives leading to the development of new products and high focus of companies on reducing the overall weight of automobiles by integrating electronic components in place of manual components accelerate the market growth. The high usage in the end-use applications of the technology and automotive idle air control valve is playing an integral component in all vehicles further influence the market. Additionally, expansion of automotive sector, change in lifestyle, surge in disposable income, and increase in the sales and production of automobile vehicles positively affect the idle air control valve market. Furthermore, advancements in the automotive technology extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, technical issues such as irregular idle speed are expected to obstruct the market growth. Concerns regarding lesser air density are projected to challenge the idle air control valve market in the forecast period of 2021-2028.
This idle air control valve market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on idle air control valve market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive Idle Air Control Valve Market Scope and Market Size
The idle air control valve market is segmented on the basis of type, end use and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the idle air control valve market is segmented into pulse solenoid valve type, rotary solenoid valve type, and stepping motor type.
- On the basis of end-use, the idle air control valve market is segmented into light commercial vehicles, heavy commercial vehicles, passenger cars, two and three wheelers, and sports cars.
- On the basis of distribution channel, the idle air control valve market is segmented into original equipment manufacturers (OEM) and aftermarket.
Global Automotive Idle Air Control Valve Market Country Level Analysis
The idle air control valve market is analyzed, and market size, volume information is provided by country, type, end use and distribution channel as referenced above.
The countries covered in the global idle air control valve market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe is expected to dominate the idle air control valve market due to the well-developed infrastructure and high disposable income within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the increase in per capita income of countries and government initiatives in countries such as India and China.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Idle Air Control Valve Market Share Analysis
The idle air control valve market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to idle air control valve market.
The major players covered in the idle air control valve market report are AISIN SEIKI Co., Ltd., Mikuni Corporation., NINGBO MIDLAND AUTO PARTS CO.,LTD, Guangzhou Marvine Auto Parts Co., Ltd., Jiangsu Great Industrials (Group) Corp.Ltd., Tridon Australia, Ruian Fanwei Auto Parts Co.,Ltd., Wenzhou Guocheng Electrical Parts Co.,ltd., Ruian Kingway Auto Parts Manufacturing Co.,Limited, PUCHENG SENSORS(SHANGHAI)CO., LTD., Robert Bosch GmbH, BorgWarner Inc., Continental AG, EDELBROCK, LLC., GB Remanufacturing, Inc., DENSO CORPORATION., Hitachi Automotive Systems, Ltd., Kinsler Fuel Injection, Tenneco Inc., and RUIAN CITY YANGYU MOTOR VEHICLE PARTS Co.,Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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