Global Vehicle Camshaft Market is Projected to Reach 3.3 billion USD by 2025

Vehicle Camshaft is an important engine component in an automobile, from a technical standpoint, a Vehicle Camshaft fulfills the function of converting rotatory motion of crankshaft to oscillating motion of follower, through a cam profile. The camshaft uses lobes (called cams) that push against the valves to open them as the camshaft rotates; springs on the valves return them to their closed position. This is a critical job, and can have a great impact on an engine’s performance at different speeds.

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The vehicle camshaft is expected to grow at a CAGR of 2.47% from 2.7 billion USD in 2017 to reach 3.3 billion USD by 2025 in global market. The vehicle camshaft market is very concerted market; the revenue of top nineteen players accounts about 80% of the total revenue in 2017. The high-end products mainly come from USA and Europe.

The players mainly are ThyssenKrupp, MAHLE, Kautex Textron (CWC), Seojin Cam and Precision Camshafts. ThyssenKrupp is the largest player; its revenue of global market exceeds 23% in 2017. The next is MAHLE and Kautex Textron (CWC).

Geographically, the global vehicle camshaft market has been segmented into North America, Europe, China, Japan, Korea, India and other The Europe held the largest share in the global market, its revenue of global market exceeds 30% in 2017. The next is China and North America.

More importantly, the Vehicle Camshaft industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

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