Flat Tappets to Witness Significant Growth in Japan Tappet Market During Forecast Period
Increasing demand for high performance vehicles and growth in
passenger vehicle production to drive the growth of Japan tappet market
According
to TechSci Research report, “Japan Tappet Market By Type, By Engine
Capacity, By Vehicle Type, By Distribution Channel, Competition, Forecast &
Opportunities, 2024”, the Japan tappet market is expected to grow at a steady
CAGR during the forecast period owing to the ongoing infrastructural
developments in the country which have raised the demand for commercial
vehicles and passenger cars. However, rising popularity of electric and hybrid
vehicles can hamper the growth of market during forecast period.
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market data Tables and Figures spread through
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The Japan tappet market is segmented based on type, engine capacity,
vehicle type, distribution channel, company and regional distribution. Based on
type, the market can be divided into flat and roller. The flat type is expected
to register significant growth during the forecast period attributable to the increasing
production of passenger cars in the country. Based on engine capacity, the
market can be categorized into <4 cylinders, 4–6 cylinders and >6
cylinders. The 4–6 cylinders segment is expected to dominate the market during
forecast period owing to the stringent rules for emission control in several
regions and growing demand for fuel efficient and performance vehicles.
Otics Corporation, NSK Ltd., Eaton
Industries (Japan) Ltd., Schaeffler Japan Co., Ltd., SKF Japan Ltd, RIKEN,
Jinan Worldwide Auto-Accessory and others are some of the leading players
operating in Japan tappet market.
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“Japan
tappet market is anticipated to witness steady growth during the forecast
period owing to the increasing demand for passenger and commercial vehicles. The demand for automotive tappets is directly linked
to the vehicle production and consumer demand in the country. Additionally, favorable
government policies for the automotive manufacturers, infrastructural
developments and presence of key automotive players in the country are further expected
to propel the market during the forecast period.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Japan Tappet Market By Type, By Engine Capacity, By
Vehicle Type, By Distribution Channel, Competition, Forecast &
Opportunities, 2024” has
evaluated the future growth potential of Japan tappet market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers to take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in Japan tappet market.
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