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Automotive Cylinder Head Market Size, Share, and COVID-19 Impact Analysis, By Engine Type (Straight or Inline Engine and V-Type Engine), By Material Type (Cast Iron, Aluminum, and Others), By Sales Channel Type (OEM Aftermarket), By Vehicle Type (Passenger Cars and Commercial Vehicles), and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI107971 | Status : UpcomingAn automotive cylinder head is a component of an internal combustion engine (ICE) that sits on the top of the engine block and creates the combustion chamber's top. It seals the combustion chamber and houses several other engine components, including valves, spark plugs, and fuel injectors. The cylinder head is also responsible for controlling the passage of air, fuel, and exhaust gases into and out of the engine. The demand for automotive cylinder heads is primarily driven by the demand for new vehicles and the need for replacement parts in the aftermarket. The growing demand for high-performance vehicles and the rising focus on fuel efficiency is also expected to drive market growth.
Most countries across the globe are slowly shifting towards electric vehicles to reduce carbon emissions. This increasing popularity of EVs will eventually reduce the demand for ICE vehicles leading to a reduced demand for automotive cylinder heads. This might be a restraining factor for the automotive cylinder head market.
Impact of COVID-19 on the Automotive Cylinder Head Market
The COVID-19 pandemic heavily impacted the automotive industry, including the cylinder head market. The widespread supply chain disruptions, factory closures, and transportation restrictions had a negative impact on the production and sales of vehicles, including engine components such as cylinder heads.
In April 2020, for instance, Honda, Toyota, and Nissan suspended production in the United States, decreasing demand for automotive components such as cylinder heads. In Europe, major automakers like Volkswagen, Renault, and BMW were forced to close down their production facilities, affecting the supply of automotive cylinder heads. In addition, the decline in consumer demand for vehicles during the pandemic resulted in a decrease in the production of new vehicles, which impacted the demand for automotive cylinder heads. The pandemic also caused a shortage of qualified labor, negatively impacting automobile cylinder heads' production.
Key Insights
The report will cover the following key insights:
- Key Industry Developments – Mergers, Acquisitions, and Partnerships.
- Porter's Five Forces Analysis.
- Technological Developments.
- Impact of COVID-19 on the Automotive Cylinder Head Market.
Regional Analysis
The automotive cylinder head market is expected to be dominated by the Asia Pacific. This is owing to a variety of factors, including the significant growth of the automotive industry, especially in China, India, and Vietnam. In India, the number of passenger vehicles produced in 2022 increased significantly than 2021.
As the demand for commercial vehicles in Latin America, the Middle East, and Africa is increasing, the market for automotive cylinder heads is expected to grow at a moderate rate. However, instability in the economy and political unrest in some countries in this region might hurt the growth of these markets.
Key Players Covered
The report includes profiles of key players such as Sandvik Coromant, Nemak, Linamar, ThyssenKrupp, All-heads Services, Brodix Inc., Cooper Corporation, ElringKlinger AG, Federal-Mogul, Parker Hannifin, Albert Weber GmbH, Teksid S.p.A, and others.
Segmentation
By Engine Type | By Material Type | By Sales Channel Type | By Vehicle Type | By Geography |
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Key Industry Developments
- From 2024, Renault will stop buying cylinder heads from Nissan as a part of their cost-saving plan. Renault Group also mentioned that they had found another supplier of engine cylinder heads that would start working with them in 2024.
- In February 2021, Vedanta Ltd. developed a new aluminum cylinder head alloy; this alloy is said to increase internal combustion engine efficiency and improve performance on emission control, which are in line with BS-VI and CAFÉ (Corporate Average Fuel Efficiency/Economy) norms.
- Global
- 2023
- 2019-2022