Automotive water valves are used to switch the different cooling water circuits on and off.
Optimization of the interior temperature of the vehicle in conjunction with the best possible control of the heat input and cooling of the engine and its partial circulatory systems is achieved through successful thermal management. Water valves help to selectively control and regulate water circuit temperatures at central points. As a result, for example, the warm-up phase can be significantly reduced, thus saving fuel and reducing CO2 emissions.
Due to the stable development of the global automotive market, the demand for automotive water valves product is relatively stable. Meanwhile, the demand from the China market was much higher due to the rapid development of the Chinese automotive market.
The global production of automotive water valves reaches over XX million units; the CAGR of global automotive water valves market is around XX% during the last several years.
The concentration degree of automotive water valves market is much lower, though the major manufacturers like Mahle, Hanon System and Borgwarner occupied about considerable market share, there are many other manufacturers due to the mature manufacturing technology.
The global Automotive Water Valves market is valued at XX million US$ and will reach 1500 million US$ by the end of 2025, growing at a CAGR of XX% during 2018-2025.
Global Automotive Water Valves Market Professional Survey Report 2019 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2019 through 2025. Also, a five-year historic analysis is provided for these markets in this 107 pages report.
This market report provides in-depth analytics of the Automotive Water Valves industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
Automotive Water Valves market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
Ningbo Xingci Thermal
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Solenoid Water Valves
Electric Water Valves
Under Pressure Water Valves
By Industrial Application, the market can be split into:
Market Segment by Regions includes:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America
- Middle East and Africa.
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