A rocker arm assembly consists of several rocker arms including rocker shaft, spacers, rocker arm brackets, and support. These components are assembled in such a way that the system can be directly mounted on the engine head.
Rise in demand for high performance vehicles is offering opportunities to improve vehicle engine efficiency. Rise in disposable income and reduction in tax rates on passenger and commercial vehicles due to the coronavirus pandemic are prompting consumers to own vehicles. Rise in consumer preference for lightweight and fuel-efficient vehicles is estimated to boost the automotive rocker arm assembly market across the globe.
Rise in government initiatives for the reduction of vehicle emission across North America and Europe is projected to fuel the use of rocker arm in vehicle engines across these regions, which in turn is likely to boost the automotive rocker arm assembly market in these regions
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Europe is projected to account for a significant share of the global automotive rocker arm assembly market due to stringent rules and regulations regarding vehicle emission norms enacted across the region. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers who have major facilities that undertake research & development regarding the rocker arm, which is likely to propel the automotive rocker arm assembly market across the globe.
Followed by Europe, Asia Pacific is projected to account a significant share of the global automotive rocker arm assembly market due to an increase in sale of vehicles across the region. Rising demand for fuel-efficient vehicles across Asia Pacific is likely to drive the automotive rocker arm assembly market in the region.
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Key Players Operating in Automotive Rocker Arm Assembly Market
Schaeffler Technologies AG
Federal Mogul LLC
Crower Cams & Equipment
Hitchiner Manufacturing Co. Inc.
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