OEMs was the Major User Segment capturing more than Half of the demand for India Engine Valves and Parts Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Manufacturing companies such as Rane Engine Valve Limited, Shriram Pistons and others operating in the organized sector are ISO 9000, ISO 14001 and TS 16949 certified, thus maintaining good quality standards and following Just in Times (JIT) approach to successfully supply the final product to OEMs in India engine valves and parts market. The report titled “India Engine Valves and Parts Market Outlook to 2022 – Organized Sector will Continue to Penetrate the Market in the Future” by Ken Research suggested a five year positive CAGR of 2.7% in revenue of total engine valves and parts in India for the projected period FY’2018-FY’2022. India is poised to be one of the fastest growing engine valves and parts markets worldwide, thus catering to the needs of both global and domestic players such as OEMs and aftermarket. Substantial investments was proposed in automotives, sector in the 12th five year plan (FY’2012-FY’2017) and was one of the major driving forces responsible for growth of engine valves and parts market in India. OEM user segment is one of the major consumers of engine valves and parts and dominates the sales of engine valves and parts with revenue share of 70.0% in FY’2017. The automotive segment majorly comprises of passenger and commercial vehicles, two wheelers, three wheelers and other LCV, HCV and MUVs. In the recent decade, the government of India took various initiatives and launched programmes to improve the automotive segment and to ensure that its economy continues to grow. The second hand vehicle market or the used car segment has became organized with the entry of several OEMs such as Maruti Suzuki, Ford India and Mahindra & Mahindra with Maruti Suzuki leading India’s pre-owned car business and contributing towards high share of organized sector. India is gaining traction in terms of quality of valve manufacturing with the production of titanium valves in India engine valve market. Titanium offers the highest strength-to-weight ratio of any known metal. Moreover, rising demand of engine valves for CNG based vehicles because of increasing availability of natural gas in India. Around 85.0% of the demand of engine valves and parts is fully met, while the left 15.0% is imported in India. In India, spark ignition engine valves, inlets and exhaust make up 61.3% of total imports and compression engine valves, inlets and exhaust accounted for remaining 38.7% of total imports for the year ending FY’2016. Key Topics Covered in the Report Industrial Valve Market in India India Engine Valve Manufacturers Tappet Engine Valve Component Automotive Valves Market Trends Valve Guides and Tappets Manufacturers India Auto Parts Industry in India Auto Components Market in India To know more about the research report: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/india-engine-valve-parts-market/126974-100.html Related Reports by Ken Research https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/india-premium-car-exchange-market-report/80168-100.html https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/india-multi-brand-car-servicing-report/10745-100.html https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/india-preowned-two-wheelers-market-report/6912-100.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204 Tags: Aftermarket Engine Valve Industry, Aftermarket Engine Valve Industry India, Auto Components Market in India, Auto Parts Industry In India, Automotive Engine Valve Market in India, Automotive Valve Market in India, Automotive Valves Market Trends, Domestic Manufacturing Engine Valve India, Engine Valve Competition India, Engine Valve Guide Market, Engine Valve Guides Market, Engine Valve Guides Tappet Industry, Engine Valve Industry Growth, Engine Valve Market Leader in India, Future Engine Valve in India, Future Engine Valve Market, Growth Drivers Engine Valve India, Import Engine Valve India, India Automotive Valves Market Trends, India Engine Valve Guide Market, India Engine Valve Guides Tappet Industry, India Engine Valve Manufacturers, India Engine Valve Market, India Market Developments Engine Valve, India Market Trends Rotary Valve Engine, India Oem Market Engine Valve, Industrial Valve Market in India, Market Developments Engine Valve, Market Trends Rotary Valve Engine, New Engine Valve Launched In India, Oem Market Engine Valve, Rane Engine Valve Market Share India, Revenue Engine Valve India, Sales Engine Valve in India, Shree Ram Piston Competitive Engine Valve, Tappet Engine Valve Component, Value Chain Engine Valve India, Valve Guides and Tappets Manufacturers India