The global market for automotive proportioning valves is currently valued at USD 195.1 million and is projected to reach USD 285.4 million by 2032, reflecting a robust CAGR of 11.8% from 2022 to 2032.
Automotive proportioning valves play a crucial role in vehicle braking systems by regulating the brake fluid pressure applied to different axle sets. They are essential components that connect the brake system to the master cylinder and help adjust the distribution of braking force between the front and rear wheels. This adjustment prevents the rear tires from locking up, enhancing overall braking performance and safety.
The growing demand for automotive proportioning valves is driven by their ability to optimize brake force distribution, which helps prevent nose diving during emergency braking and ensures a smoother, more controlled stop.
Discover How Rising Demand from Key Industries and Robust Growth in Automotive are Driving Automotive Sales. Request Your Sample Report Now to Stay Ahead in this Dynamic Market!
Automakers are now using a variety of materials for these valves, including copper, carbon steel, aluminum, stainless steel, brass, and cast iron. This diverse material usage contributes to the effectiveness and reliability of proportioning valves, particularly in high-speed braking scenarios.
Furthermore, the decreasing cost of electric vehicle batteries is expected to lower the overall cost of vehicles, potentially boosting the demand for advanced components, including automotive proportioning valves.
However, the rise of Electronic Brake Proportioning (EBP) systems in new vehicle models could pose a challenge to the market. EBP systems often come with advanced features such as anti-lock braking systems, electronic stability control, and traction control, which may limit the demand for traditional proportioning valves.
Future Market Insights has explored these dynamics in its latest report, “Automotive Proportioning Valves Market.” The report utilizes a combination of primary, secondary, and tertiary research methods to provide a comprehensive analysis of the market trends and forecasts.
Key Takeaways from Automotive Proportioning Valves Market
- North America holds the largest market share. This could be credited to growing demand for electric vehicles in Canada and the US backed by higher levels of incentives and subsidies made available by the regulatory bodies. The other factor fostering growth of automotive proportioning valves market is upsurge in demand for mini-electric vehicles. The US Department of Energy, in 2021, stated that sales of PHEVs (plug-in hybrid electric vehicles) increased by ~138% in comparison with the previous year. The scenario is expected to remain the same going forward as well.
- The Asia-Pacific holds the second-largest market share due to growing production of the passenger cars in Japan, South Korea, India, and China. As per the IBEF (India Brand Equity Foundation), passenger vehicles’ sales did increase by ~20% in the year 2021.
- Europe is expected to go steady with respect to automotive proportioning valves market in the forecast period.
“The key market participants are into collaborations and partnerships with local players for co-developing novel automotive components for addressing demand from the customers”, – says an analyst from Future Market Insights.
Competitive Valves
- Knorr-Bremse has its Press. Proportioning valve termed as ‘DB2118’.
- ASCO, TESCOM, and AVENTICS proportioning valves, pressure control valves & regulators, and flow control valves do adjust output flow or pressure in a precise manner, that too, with regards to several operating conditions. The intelligent proportioning control valves & regulators do optimize the processes and machinery for enhancing efficiency and manufacturing throughput and lessen usage of energy and raw material.
Key Players
- Wilwood Engineering, Inc.
- Knorr-Bremse AG
- Baer Brakes
- ACDelco
- Veoneer-Nissin Inc.
- Emmerson Electric Co.
- IBARA SEIKI CO., LTD.
- Heidts Automotive LLC
Get the Insights You Need – Connect with Sales to Secure Your Copy of the Report Now!
What does the Report say?
- The research study is based on product type (master cylinder-mounted automotive proportioning valves, load sensing automotive proportioning valves, and combination valve-mounted automotive proportioning valves), by vehicle type (conventional vehicles, passenger car, compact cars, mid-size cars, SUVs, luxury vehicles, light commercial vehicles, heavy commercial vehicles, and electric vehicles), and by sales channel (OEMs and aftermarket).
- The automotive proportioning valves market is driven by an increasing demand for passenger cars.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
