Global Tappet
Market Report
2025
Global Tappet market size was USD 8.97 Billion in 2022 and it is forecasted to reach USD 10.52 Billion by 2030. Tappet Industry's Compound Annual Growth Rate will be 2.9 % from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Tappet Market Report 2025.
Global Tappet market size was USD 8.97 Billion in 2022 and it is forecasted to reach USD 10.52 Billion by 2030. Tappet Industry's Compound Annual Growth Rate will be 2.9 % from 2023 to 2030.
2021 | 2025 | 2033 | CAGR | |
---|---|---|---|---|
Global Tappet Market Sales Revenue | 121212 | 121212 | 121212 | 2.9% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
|
Market Split by End User |
|
Market Split by Engine Capacity |
|
Market Split by Vehicle Type |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Market Drivers:
| |
Market Restrains:
|
Report scope is customizable as we have a huge database of Tappet industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Tappet Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The tappet is the machine component, which is motion transfer from one component to another, most markedly component of the internal combustion engine transmits motion from the camshaft to the drive valves and rods. This is present in the engine valve and moves by rotating cams. Tappet is mainly used to provide direct disrespect for the contact between the cam lobe and spring valve system and is used in several types of vehicles. Furthermore, this common type is the hydraulic tappet is self-adjusting with an inside plunger in the key automobile body.
Increasing demand for tappets for high vehicle performances is the key factor expected to drive the growth of the tappet market. Moreover, increasing demand for high engine power such as V-8, and V-6 is likely to boost the demand for the tappet market.
Key Driver of Tappet market
The global automotive tappet market is being heavily driven by the rising manufacture of vehicles worldwide. The rising demand for vehicles, such as passenger vehicles and commercial vehicles, is boosting the demand for automotive tappets. Automakers are continuously increasing their manufacturing capacity to meet the growing demand from consumers, particularly in emerging economies.
For Instance, as reported by ACEA in 2024, vehicle sales across the world were 74.6 million units, a 2.5% rise from 2023 and vehicle sales in the European Union increased by 0.8% in 2024 with total vehicle sales standing at 10.6 million units.
(Source: - https://www.acea.auto/publication/economic-and-market-report-global-and-eu-auto-industry-full-year-2024/#:~:text=In%202024%2C%20global%20car%20sales,region%20recording%20a%203.8%25%20growth. )
This growth results in increased installation of engines, thus bringing about a parallel demand for automotive tappets. Additionally, the surge of electric and hybrid cars also adds to the demand for tappets since these cars need internal combustion engines in their hybrid powertrain configurations. Additionally, the continuation of advancements in automotive production methods as well as economies of scale allows for increased production levels, driving the growth of the automotive tappet market.
The development of the economy and rising disposable income will present growth opportunities for the tappet market. In addition, the growing automotive sector across the globe and improvement in the tappet is projected to create growth opportunities for the tappet market in the forecast period.
Key Restraint of Tappet Market
One of the primary restraining factors for the growth of the automotive tappet industry is the growing need for electric and hybrid vehicles. Electric vehicles are likely to minimize air pollution, greenhouse gas, and other toxic gas emissions considerably. electric vehicles (EVs) do not need valve and tappet assemblies since they are propelled by electric motors, not internal combustion engines. Internal combustion engines use valves and tappets to manage the intake and exhaust of combustion gases, something that is not required in electric vehicles. Hybrid and electric vehicles are increasingly popular among consumers because of lower pollution and better vehicle efficiency.
For Instance, as per the International Energy Agency (IEA), In the first quarter of 2024, electric vehicle sales increased by approximately 25% over the first quarter of 2023, as in the year-on-year increase in the same quarter in 2022.
(Source:https://www.iea.org/reports/global-ev-outlook-2024/executive-summary )
Due to this, the market is likely to reflect strong growth decline by increasing sales of electric vehicles.
Increasing demand for hybrid and electric vehicles is a major factor anticipated to hamper the growth of the tappet market.
We have various report editions of Tappet Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
The Tappet market's competitive landscape offers a thorough examination of the dynamics of the Automobile and Transportation industry, exposing the ways in which prominent firms interact, compete, and position themselves strategically. The distribution of market share among top companies, the identification of market leaders, and the elements influencing their dominance are all included in this analysis.The study explores the competitive tactics used by these companies, which are crucial to preserving or improving their market position. These tactics include product differentiation, creative pricing schemes, joint ventures, mergers and acquisitions (M&A), and strategic alliances. In order to help businesses keep ahead of the competition, the competitive landscape research also includes the most recent company advancements, such as plans for global expansion, new product launches, and cutting-edge technical advancements.
A better understanding of the performance of individual companies and the dynamics of the market is provided by the report, which also offers insights into financial performance measures such as revenue, gross margin, and market share for major players from 2021 to 2024. Each significant rival has a SWOT analysis that highlights its advantages, disadvantages, opportunities, and threats. This helps investors and organizations make well-informed decisions by providing a comprehensive understanding of the competitive dynamics at work. Additionally, the research evaluates how businesses have handled difficulties like the COVID-19 epidemic, emphasizing their initiatives for digital transformation, cost reduction, and increased operational efficiency.
(For detailed financial insights and company-specific analysis, request sample pages or consult with our experts.)
Top Companies Market Share in Tappet Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Europe Tappet Market accounted for the largest share in 2022!
Europe has the largest revenue share in the tappet market. This is due to increasing consumer disposable levels and rising vehicles sales and production in the region is anticipated to drive the market in the region
The current report Scope analyzes Tappet Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Tappet Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Tappet Industry growth. Tappet market has been segmented with the help of its Type, End User Engine Capacity, and others. Tappet market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on type, the flat tappet segment has the major share in the tappet market. This is due to the flat tappet engine component, which controls the flow from the oil to all other engine parts. This is used in modern engines due to outperforming the poppet valve in terms of reliability and performance expected to boost the growth of the target market.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Tappet Industry. Request a Free Sample PDF!
Based on end users, the economic passenger car segment held the largest share in the tappet market. This is attributed to economy passenger road motorized vehicles, designed to transport passengers, and no more than nine seats. Furthermore, the economic car is lightweight, inexpensive, and small to purchase and produce is likely to fuel the growth of the target market.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
By Engine Capacity, the <4 cylinders engine segment has the largest revenue share in the tappet market, in 2022
Based on engine capacity, the <4 cylinders engine segment has the largest revenue share in the tappet market. This is owing to strict emission regulations in various regions and demand for high-performance vehicles with small engines is propelling the demand for this segment in the target market.
By Vehicle Type, the light-duty vehicles segment has dominated the tappet market, in 2022
Based on vehicle type, the light-duty vehicles segment has dominated the tappet market. This is attributed to light passenger vehicles designed for people’s transportation which have less than ten seats, without motorcycles, and buses. Light vehicles such as light commercial vehicles and passenger cars.
Research Associate at Cognitive Market Research
Sumedha Gosavi is a Research Analyst with a specialized focus on the automobile and transportation sectors. With over two years of experience, she excels in conducting in-depth secondary research, competitive analysis, and market forecasting to deliver actionable insights that drive strategic decision-making.
In her current role, Sumedha leads research initiatives in the dynamic fields of automotive and transportation, identifying key trends, technological advancements, and market opportunities. Her ability to craft tailored research methodologies and distill complex data into clear, impactful strategies has been instrumental in enhancing her organization’s competitive edge.
With a deep passion for innovation in mobility and a commitment to continuous learning, Sumedha remains at the forefront of industry developments. Her expertise and analytical acumen make her an invaluable asset in navigating the ever evolving landscape of automobile and transportation research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Tappet Market is witnessing significant growth in the near future.
In 2023, the Roller Tappet segment accounted for noticeable share of global Tappet Market and is projected to experience significant growth in the near future.
The Mid-Priced Passenger Car segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Schaeffler, Tenneco(Federal-Mogul) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Roller Tappet, Flat Tappet |
End User | Mid-Priced Passenger Car, Luxury Passenger Car, Economic Passenger Car |
Engine Capacity | >6 Cylinder Engine, <4 Cylinders Engine, 4-6 Cylinders Engine |
Vehicle Type | Light Duty Vehicles, Heavy Commercial Vehicle |
List of Competitors | Schaeffler, Eaton, Tenneco(Federal-Mogul), Rane Engine Valve, NSK, SKF, Otics, Riken, Comp Cams, SM Motorenteile, Lunati, Jinan Worldwide Auto-Accessory |
This chapter will help you gain GLOBAL Market Analysis of Tappet. Further deep in this chapter, you will be able to review Global Tappet Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Tappet. Further deep in this chapter, you will be able to review North America Tappet Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Tappet. Further deep in this chapter, you will be able to review Europe Tappet Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Tappet. Further deep in this chapter, you will be able to review Asia Pacific Tappet Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Tappet. Further deep in this chapter, you will be able to review South America Tappet Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Tappet. Further deep in this chapter, you will be able to review Middle East Tappet Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Tappet. Further deep in this chapter, you will be able to review Middle East Tappet Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Tappet. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End User Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Engine Capacity Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Vehicle Type Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Tappet market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Roller Tappet have a significant impact on Tappet market? |
What are the key factors affecting the Roller Tappet and Flat Tappet of Tappet Market? |
What is the CAGR/Growth Rate of Mid-Priced Passenger Car during the forecast period? |
By type, which segment accounted for largest share of the global Tappet Market? |
Which region is expected to dominate the global Tappet Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|