Sunday, May 10, 2020

What's driving Automotive Positive Crankcase Ventilation Valve Market Growth?

The COVID-19 pandemic has caused supply and manufacturing disruptions in the automotive sector creating uncertainties in every aspect. The change in customer behavior in terms of mobility preferences during this crisis is changing the automotive landscape.
This pandemic situation has shut down many production lines owing to the trade restrictions and closed borders, creating a shortage in required parts and limiting the distribution of supplies. Different enforced measures including the closing of workspaces and dismissal of short-time workers have created a depression in the growth rate of the automotive industry.
The growing fear of recession is estimated to decrease overall sales and revenue. A limited supply of parts coupled with a reduced workforce has forced the leading OEMs to shut down their production. A significant drop in demand has restricted the cash inflow which is highly important in payment of salaries to the workforce. With growing uncertainties around the COVID-19 pandemic, the industry leaders are taking measures to adapt to the situation.
Automotive Positive Crankcase Ventilation Valve Market: Introduction
The automotive positive crankcase ventilation valve, or PCVV, system is one of the emission-control devices employed in the vehicles. The Positive Crankcase Ventilation Valve system lures unburned fuel and exhaust gas from the engine block and direct them into the engine through the intake manifold, where they are burned completely in the combustion chambers instead of its resealing into the atmosphere through vehicle exhaust system. The automotive positive crankcase ventilation valve also maintains the optimal level of pressure/vacuum in the crankcase to extract the products of blow-by. It also keep the system free from moisture preventing the appearance of engine corrosion. In general the automobile manufacturer recommends replacement of automotive positive crankcase ventilation valve after every 20,000 to 50,000 miles, which also depends on the vehicle and Grove City driving conditions.
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Automotive Positive Crankcase Ventilation Valve Market: Dynamics
Demand for automotive positive crankcase ventilation valve is estimated to increase over the forecast period due to growing automobile production. Automotive positive crankcase ventilation valve market is highly dependent on the production and sales of automobile across various economies. Attributes, such as rise in per capita income and improving standard of living of the general population are expected to increase the sales of automobile in the developing economies. Also, growing awareness among general population towards the vehicular emersion control is expected to boost the demand for automotive positive crankcase ventilation valve in the present scenario. Also, shifting preference of general population towards the adoption of new technology and innovative products is also expected to fuel the growth of the Automotive Positive Crankcase Ventilation Valve market. Significant growth in in the sales of high-end automobiles has also support the growth of the market of Automotive Positive Crankcase Ventilation Valve and anticipated to fuel the growth of automotive positive crankcase ventilation valve market over the forecast period as well.
However, the factors such as low general awareness can restrain the growth of the automotive positive crankcase ventilation valve market over the forecast period. However, the ongoing trend to use new technology device for batter results will contribute towards the growth of the demand for Automotive Positive Crankcase Ventilation Valve market, during the forecast period.
Automotive Positive Crankcase Ventilation Valve Market: Segmentation
  • Based on the fuel type, the automotive positive crankcase ventilation Valve market can be segmented as follows:
    • diesel engines Automotive Positive Crankcase Ventilation Valve
    • Petrol engines Automotive Positive Crankcase Ventilation Valve
    • Others
  • Based on the sales channel, the automotive positive crankcase ventilation valve market can be segmented as follows:
    • OEM (Original Equipment Manufacturer)
    • Aftermarket
  • Based on the vehicle type, the automotive positive crankcase ventilation valve market can be segmented as follows:
    • Passenger Car
      • Premium
      • Luxury
      • SUV
      • Compact
      • Mid-size
    • Light commercial vehicle
    • Heavy commercial vehicle
Automotive Positive Crankcase Ventilation Valve Market: Regional Outlook
North America, followed by Europe is estimated to contribute to more than half of the global automotive positive crankcase ventilation valve Market and behold it even in the forecast period. Europe is followed by North America owing to presence of prominent OEM manufacturer in this region. The Asia Pacific is expected to be the fastest growing market in the Automotive Positive Crankcase Ventilation Valve market owing to high growth in new vehicle sales in the region. Rest of the world is estimated to account for a relatively small share of the Automotive Positive Crankcase Ventilation Valve market.
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Automotive Positive Crankcase Ventilation Valve Market: Market Participants
Some of the market participants operating across the value chain of the global automotive positive crankcase ventilation valve market are:
  • Federal-Mogul Motorparts Corporation
  • SMP Deutschland GmbH
  • Chongqing Changan Chiyeung Automotive Electrics Co., Ltd
  • The Mann+Hummel Group
  • APA Industries
  • Ford Motor Company
  • ACDelco (General Motors Company)
  • Aisan Industry Co., Ltd.
  • SaviCorp
  • Sankei Giken India Ltd.
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Our competencies go beyond regular market research to deliver tailored solutions in an industry marked with increasing environment regulations, evolving consumer preferences, and a shifting landscape of emerging markets. 
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