The ‘Global Automotive Camless Engine Market Size, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global automotive camless engine market, assessing the market based on its segments like types, applications, sales channels, and regions.
Automotive Camless Engine Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
• Forecast CAGR (2023-2028): 22.60%
A camless piston engine can be defined as an automotive engine that consists of poppet valves driven with the help of electromagnetic, or hydraulic actuators, a substitute of traditional cams. As a replacement for traditional cams, camless engines are fitted with actuators that are used to unlock and lock valves, or along with unlocking valves they lock by springs or other methods. These engines provide more control on the valvetrain of engine. They facilitate better economy, lightweight engine, and high-level performance.
Rising demands for luxury cars or sports cars are creating considerable requirement for improved and innovative automotive parts and equipment. Today the international automotive camless engine producers are likely to have substantial prospects as there is high demand for enhanced features and high-quality performance automotive engines, in turn driving the global automotive camless engine market.
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To control carbon emissions, government guidelines and rules have indirectly compelled the automotive producing companies to invest in research and development of automotive camless engine technology. Thus, electronically operated vehicle device and light weight engines are being produced at a large number. With the ever-increasing demand for reducing carbon emissions and developing superior performance efficiency vehicles, it is anticipated that the automotive camless engine market would witness a substantial growth in the upcoming years
Automotive Camless Engine Industry Definition and Major Segments
A camless engine is a kind of engine which does not have camshaft and hence, its poppet valves are controlled with the support of hydraulic, electromagnetic, or pneumatic actuators. It is also known by the name of free-valve piston engine. Camless engines are primarily utilised in power stations and for marine purposes, however, these are being progressively put to use for automotives. The camless engine model provides higher optimisation for the complete engine performance through the various phases of running. Also, the timing of exhaust and fuel injected are managed by the engine control unit, which can be replaced and modified without stopping the engine.
Based on type, the automotive camless engine market can be segmented into:
• Diesel Engine
• Gasoline Engine
On the basis of application, the market has been classified into:
• Passenger Vehicles
• Commercial Vehicles
On the basis of sales channel, the market has been classified into:
• Manufacturer/Distributor/Service Provider
• Aftermarket
Based on regions, the market is segmented into:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
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Automotive Camless Engine Market Trends
The leading global automotive camless engine market players are performing research and development activities to enhance the performance and fuel productivity of automotive engines to bring down the carbon emissions. Besides, stringent government laws and policies to regulate pollution levels have been promoting investments by manufacturers towards the expansion of improved technology for automotive camless engines.
Camless engine has proved to be a big asset in eradicating mechanical malfunctions, hence improving the safety of vehicles by using computer system to control the functioning. Computer systems also supports in regulating the fuel injections.
Additionally, gasoline engines are anticipated to hold a significant share in the global automotive camless engine market, as it is commonly utilised for automobiles specifically in regions like North America. Nevertheless, diesel engines are estimated to grow at a faster rate in the future years owing to the extensive use of diesel engines in automotives mostly in Europe and the Asia Pacific.
Globally, various companies have already started to experiment with automotive camless engines applications in diesel. Moreover, diesel engines provide higher fuel efficiency that is anticipated to be further augmented by camless engines.
The Asia Pacific is positioned well in the automotive camless engine market and is projected to progress further in the upcoming years. This is mainly because of the increasing export and manufacturing of automotives and automotive components in nations like China and India.
Key Market Players
The major players in the global automotive camless engine market report are Freevalve AB, Musashi Engineering, Inc., BorgWarner, ElringKlinger AG, and Parker Hannifin Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.
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