Automotive Camshaft Locking Plates Market – Scope, Growth, Current Trends for Forecast 2019 – 2029

Automotive Camshaft Locking Plates Market: Introduction

Using precise alignment of a datum slot at the end of the camshaft with the top face of the camshaft housing, automotive camshaft locking plates are used to hold the camshaft in the TDC position. When reassembling a cylinder head, the automotive camshaft locking plate can also be used to set the engine’s injection pump or modify the camshaft position.

Automotive camshaft locking plates are a crucial part of the engine assembly since the automotive camshaft assembly is one of the critical components for an engine’s proper operation.

The automobile camshaft locking plates can be made of a variety of materials, including titanium and stainless steel, with a layer of black oxide as a finishing material. Depending on the engine, it can vary in size and weight between passenger cars, light commercial vehicles, and large commercial vehicles.

Additionally, the automotive camshaft locking plates can increase engine performance output, offer balanced strength and durability in the engine, increase engine power, and guarantee the camshaft operates smoothly. However, the removal of the automotive camshaft locking plates from the camshaft assembly may occur as a result of the engines being downsized.

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Dynamics

The automotive industry is growing at a significant rate in the global market supported by the demand of automotive vehicles in the emerging economies. The rising demand is relatively pushing the production of automotive vehicles and components in on the OEM and aftermarket. The continuous growing automotive industry projected to drive the demand for automotive camshaft locking plates in the market over the forecast period.

Additionally, the technological developments introduced in the automotive camshaft locking plates market to optimize its strength as well as decrease the weight of the vehicle increasing its efficiency in the recent years. This may create ample amount of opportunities for automotive camshaft locking plates to grow in the global market.

However, the gradual downsizing of engines may eliminate the automotive camshaft locking plates from the engine. Also, low replacement rate of locking plates anticipated to hamper the growth of automotive camshaft locking plates market over the forecast period.

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Segmentation

On the basis of material

  • Stainless Steel
  • Titanium

On the basis of end use

  • Passenger Cars
  • Light Commercial Vehicles (LCV)
  • Heavy Commercial Vehicles (HCV)

On the basis of sales channel

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

Regional Outlook

Asia Pacific region expected to be the most lucrative region in the market of automotive camshaft locking plates owing to growing automotive industry in the region. Emerging economies in the region such as, China, India, and Japan etc. projected to witness significant growth in the automotive camshaft locking plates market due to rising production and sales of automotive vehicles and growing number of automotive manufacturers in the countries.

The rising demand for engine components in the North America region expected to push the growth of automotive camshaft locking plates in the regional market.

Europe is expected to have promising growth in the automotive camshaft locking plates market owing to growing expansion of automotive industry in the region. Middle East & Africa and Latin America region anticipated to register decent growth in the automotive camshaft locking plates market during the forecast period.

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Market Participants:

  • ASSENMACHER SPECIALTY TOOLS INC.
  • Howards Cams & Racing Components
  • Crane Cams®
  • CTA Manufacturing Corp.
  • Comp Cams®
  • SONIC EQUIPMENT CO LTD
  • KING TONY
  • Lunati
  • Allstar Performance
  • Pioneer Automotive Industries LLC
  • Melling
  • Charles Meglio LLC

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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