In accordance with this study, the Global Automotive Proportioning Valves Market value registered in 2021 was close to USD XX BN and is predicted to outstretch revenue by USD XX BN in 2019 with a CAGR of XX% during the period of 2022-2028.
Automotive proportioning valve is a spring loaded mechanical device and is used in vehicle’s brake system to decrease the brake fluid pressure applied to each axle set of the brake system. It is a vital component of the braking system usually connects the master cylinder to the rest of braking system. It is designed to adjust during braking applications. This valve is known as the adjustable proportioning valve.
Increasing demand for passenger cars is likely to drive the market growth. Growing automotive production and sales especially in emerging economies and across the globe is anticipated to be a key factor fuelling the demand. Rising popularity of an electronic brake proportioning in upcoming vehicles is projected to hamper the market growth.
The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of automotive proportioning valves.
The study offers a decisive view of the global automotive proportioning valves market by segmenting it terms of product type, vehicle type and sales channel. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Product Type
By Vehicle Type
- Master Cylinder-Mounted Automotive Proportioning Valves
- Load Sensing Automotive Proportioning Valves
- Combination Valve-Mounted Automotive Proportioning Valves
By Sales Channel
- Passenger Car
- Electric Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Original Equipment Manufacturer (OEM)
This section covers Automotive Proportioning Valves market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global Automotive Proportioning Valves market along with the individual application segment across all the prominent region.
Global Automotive Proportioning Valves Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global Automotive Proportioning Valves market are ACDelco, Knorr-Bremse AG, Emmerson Electric Co., Wilwood Engineering, Inc., Heidts Automotive LLC, Veoneer-Nissin Inc, IBARA SEIKI CO., LTD., Baer Brakes and others.. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
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