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Growing Vehicle Production & Sales to Drive the Tappet Market for Automotive

Growing Vehicle Production & Sales to Drive the Tappet Market for Automotive

The key factor driving the growth of the tappet market for automotive is an increase in passenger vehicles production. Also, the growth of the commercial vehicles segment, which can be attributed to the improving business environment for fleet operators and a rise in demand from the construction and mining sectors, drives the growth of the automotive tappet market.

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37 views • 3 slides
Rising Vehicle Demand and Production to Drive the Tappet Market for Automotive

Rising Vehicle Demand and Production to Drive the Tappet Market for Automotive

The flat tappets segment is estimated to have the largest share in the tappet market for automotive. The flat tappet is widely used in economic and mid-priced vehicles as well as commercial vehicles because of its cost-effectiveness and fuel-efficient characteristics. However, this market is projected to decline after 2022 because of the increasing adoption of battery electric vehicles, which do not have valves and tappets in their assembly.

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32 views • 3 slides
Rising Vehicle Demand and Production to Drive the Tappet Market for Automotive

Rising Vehicle Demand and Production to Drive the Tappet Market for Automotive

The key factor driving the growth of the tappet market for automotive is an increase in passenger vehicles production. Also, the growth of the commercial vehicles segment, which can be attributed to the improving business environment for fleet operators and a rise in demand from the construction and mining sectors, drives the growth of the automotive tappet market.

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34 views • 3 slides

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