Automotive Cam Followers Market Expected to Dominate Worldwide by 2027

Automotive Cam Followers Market Expected to
Dominate Worldwide by 2027
May 2017
Report Id : REP-GB-3472
Status : Ongoing
Category : Automotive & Transportation
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Automotive Cam Followers Market
Cam followers are an important part of automotive engine management systems. Cam followers are specialized
bearings that follow cam lobe profiles. They play an important role in ensuring proper valve timing of an engine.
They are guide rollers for cam mechanism and undergo linear motion. Different types of cam followers found in
automotive industry include knife edge followers, roller followers, flat or mushroom followers and flat faced
followers. Proper selection of cam followers, including the related area of product safety, is necessary and is the
responsibility of vehicle manufacturers. Operating and performance requirements and associated issues vary
depending on the use and application of cam followers. The functioning of automotive cam followers can be
affected by the operating environment of the vehicle, lubrication requirements, loading supports and other
factors.
Market for automotive cam followers is expected to maintain positive growth as key manufacturers involved in
manufacturing of such components are continuously focused on developing new technology and products,
either through advancements in material or manufacturing process. The increasing economic and regulatory
pressure on OEMs to develop fuel efficient vehicles is compelling auto manufacturers to invest more in research
and development of products and components related to engine management system. Cam followers are made
from different materials including carbon steel, stainless steel, urethane, etc. However, over time, further
development in cam followers’ material and technology is expected.
Global Automotive Cam Followers Market: Market Dynamics
Mounting pressure on vehicle manufacturers by international regulating authorities such as EPA (Environmental
Protection Agency) to reduce emission levels in a vehicle is driving advancements in engine technologies.
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Automotive Cam Followers Market
Global Automotive Cam Followers Market: Market Dynamics
Mounting pressure on vehicle manufacturers by international regulating authorities such as EPA
(Environmental Protection Agency) to reduce emission levels in a vehicle is driving advancements in
engine technologies. For instance, regulations driving innovations in engine management systems are
anticipated to boost market growth over the forecast period. From a macro-economic point of view,
factors such as rising standard of living, increasing disposable income and decreasing tax rates,
particularly in developing nations, are expected to surge vehicle sales which will eventually lead to
upsurge in sales of automotive cam followers.
Bedsides this, some of the factors such as prevailing economic fluctuations and uncertainty being
experienced by some countries could hamper the growth of the market. Furthermore, high cost of
technology may also act as a factor restraining the adoption of high cost products among end-users.
Investment in product development is anticipated to be a major trend prevailing in the automotive cam
follower market throughout the forecast period.
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Global Automotive Cam Followers Market: Segmentation
The global automotive cam followers market can be segmented based on product type, material type,
vehicle type and sales channel
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Automotive Cam Followers Market
By product type, the automotive cam followers market can be classified into:
• Flat cam follower
• Roller cam follower
• Needle cam follower
By material type, the automotive cam followers market can be classified into:
• Carbon Steel
• Stainless Steel
• Chromium Plated
• Others
By vehicle type, the automotive cam followers market can be classified into:
• Two-wheelers
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Automotive Cam Followers Market
• Passenger Cars
• Commercial Vehicles
By sales channel, the automotive cam followers market can be segmented into:
• OEM
• Aftermarket
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Global Automotive Cam Followers Market: Region-wise Outlook
By region, Asia Pacific is anticipated to dominate the global automotive cam follower market in terms of
market share. Demand from the region is anticipated to remain highest throughout the forecast period as
the region leads vehicle production in the world. China, India, Japan and South Korea, the major
automotive markets in the region, are anticipated to be key contributors to the growth of the automotive
cam followers market in Asia Pacific. With key technology providers based out in the region, Western
Europe is anticipated to be the next significant market for automotive cam followers.
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Automotive Cam Followers Market
Western Europe is expected to emerge as a hub for research and development in the global automotive
cam followers market. In terms of demand for automotive cam followers, North America is expected to
stand after Asia Pacific and Western Europe. Latin America, Eastern Europe and Middle East and Africa
are anticipated to be next big markets, respectively, in terms of demand for cam followers.
Global Automotive Cam Followers Market: Market Participants
Examples of some of the market participants identified in the global automotive cam followers market
are:
• Federal-Mogul LLC
• Carter Manufacturing Ltd.
• RBC Bearings Inc.
• AB SKF
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• Delphi Automotive LLP
• National Precision Bearing Group
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