Automotive Valves Market Size, Share, Growth, Trends & Forecast 2027
The global automotive valves market is projected to grow at a CAGR of 2.3% from 2022 to 2027, to reach USD 28.2 billion by 2027. The major factors driving the market are demand for HVAC systems, Increase in vehicle production, growing adoption of hybrid electric vehicles (HEVs).
BEV is expected to have fastest growth in automotive valves market
BEVs have been witnessing an increase in their...
Automotive Valves Market Size, Share, Growth & Forecast 2027
The global automotive valves market is projected to grow at a CAGR of 2.3% from 2022 to 2027, to reach a market size of USD 28.2 billion by 2027. The key driving factors behind the growth of automotive valves market are rise in sales of vehicles, demand for HVAC systems, growing emission regulations and increasing adoption of electric vehicle.
Asia-Pacific: Largest market for automotive valves
The...