Global Idle Air Control Valve Market, By Type (Pulse Solenoid Valve Type, Rotary Solenoid Valve Type, Stepping Motor Type), Sales Channel (Original Equipment Manufacturers (OEM), Aftermarket), End Use (Light Commercial Vehicles, Heavy Commercial Vehicles, Passenger Cars, Two and Three Wheelers, Sports Cars), 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 Idle Air Control Valve Market
Idle air control valve market is expected to reach USD 15,094.23 million by 2028 witnessing market growth at a rate of 13.90% in the forecast period of 2021 to 2028. Data Bridge Market Research report on 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.
When the engine of a stationary vehicle is operating, an idle air control valve, abbreviated as IAC, modifies the amount of air flowing through the engine. It is commonly known as idling to run the engine while the vehicle is not in motion. Typically, this happens while waiting for others, stopping at a traffic light. Technically speaking, the engine operates without any cargo other than engine accessories at the time of idling.
Increasing expansion of production in the automobile sector across the globe, rise in the number of research and development initiatives that lead to the development of new products and increase the scope of end-use applications, growing focus of companies on decreasing the overall weight of automobiles by integrating electronic components in place of manual components are some of the major as well as vital factors which will likely to augment the idle air control valve market in the projected timeframe of 2021-2028. On the other hand, increasing levels of disposable income of the people along with growing number of initiatives by the government to attract foreign direct investment and rising production of the product which will further contribute by generating massive opportunities that will lead to the growth of the idle air control valve market in the projected timeframe mentioned above.
Lesser air density will likely to act as a market restraint factor for the growth of the idle air control valve in the above mentioned projected timeframe. 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 localised 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.
Global Idle Air Control Valve Market Scope and Market Size
Idle air control valve market is segmented on the basis of type, sales channel and end use. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Idle air control valve market on the basis of type has been segmented as pulse solenoid valve type, rotary solenoid valve type, and stepping motor type.
- On the basis of sales channel, the idle air control valve market has been segmented into original equipment manufacturers (OEM), and aftermarket.
- Idle air control valve has also been segmented on the basis of end use into light commercial vehicles, heavy commercial vehicles, passenger cars, two and three wheelers, and sports cars.
Global Air Control Valve Market Country Level Analysis
Idle air control valve market is analysed and market size, volume information is provided by country, type, sales channel and end use as referenced above.
The countries covered in the idle air control valve market report are 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 will dominate the idle air control valve market due to the prevalence of prominent original equipment manufacturers (OEM) along with increasing growth of the automotive sector in the region while Asia-Pacific region will expect to grow in the idle air control valve market during the forecast period of 2021-2028 due to the increasing levels of per capita income of the people along with rising number of initiatives by the government to attract foreign direct investment and rising production of the product in 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 Idle Air Control Valve Market Share Analysis
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 Robert Bosch GmbH; BorgWarner Inc.; Continental AG; EDELBROCK, LLC.; GB Remanufacturing, Inc.; DENSO CORPORATION.; Hitachi Automotive Systems, Ltd.; Kinsler Fuel Injection; Tenneco Inc.; RUIAN CITY YANGYU MOTOR VEHICLE PARTS Co.,Ltd.; 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.; 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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