The global automotive proportioning valves market is currently valued at USD 195.1 million and is projected to reach USD 285.4 million by 2032, growing at a strong CAGR of 11.8% between 2022 and 2032. These valves are integral to vehicle braking systems, as they regulate brake fluid pressure to different axle sets. They connect the brake system to the master cylinder, helping to balance the braking force between the front and rear wheels. This distribution prevents the rear tires from locking, enhancing overall safety and braking performance.
The increasing demand for automotive proportioning valves is largely due to their role in optimizing brake force distribution. This optimization helps avoid the “nose dive” effect during emergency braking, providing smoother, more controlled stops. Manufacturers are also using a variety of materials, such as copper, carbon steel, aluminum, stainless steel, brass, and cast iron, to ensure the reliability and effectiveness of these valves, particularly in high-speed braking situations.
Additionally, the decreasing cost of electric vehicle batteries is expected to lower overall vehicle costs, which could drive the demand for advanced components like automotive proportioning valves. However, the market may face challenges from the rising adoption of Electronic Brake Proportioning (EBP) systems, which offer features like anti-lock braking, electronic stability control, and traction control, potentially reducing the need for traditional proportioning valves.
A recent report by Future Market Insights, “Automotive Proportioning Valves Market,” explores these market dynamics. The report is based on a combination of primary, secondary, and tertiary research methods to provide a detailed analysis of market trends and future projections.
In-Depth Market Analysis: A Complete Report
Key insights include:
– North America holds the largest market share, driven by increasing demand for electric vehicles in the U.S. and Canada, supported by government incentives and subsidies. The growing interest in mini-electric vehicles also contributes to market growth. In 2021, the U.S. Department of Energy reported a 138% increase in plug-in hybrid electric vehicle (PHEV) sales compared to the previous year, a trend expected to continue.
– The Asia-Pacific region is the second-largest market, fueled by rising passenger car production in countries like Japan, South Korea, India, and China. According to the India Brand Equity Foundation (IBEF), passenger vehicle sales in India grew by around 20% in 2021.
– Europe is expected to experience steady growth in the automotive proportioning valves market during 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
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.
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