Market Share of Automotive Valves Industry
The global automotive valves market is dominated by key players such as Rober Bosch (Bosch Auto Parts), Hitachi Astemo, BorgWarner, Denso Corporation, and Eaton Corporation among others. Many companies have opted for the merger and acquisition strategy to cater to the expected huge demand for valves from both conventional internal combustion engine vehicles and the new electric vehicles. For instance,
- In April 2022, Eaton Corporation expanded its business segments to vehicle groups and e-mobility across Europe. The company established a new office and research center in Karlsruhe, Germany. This expansion will complement existing engineering and manufacturing sites in Montrottier, France, and Tczew, Poland.
- In January 2022, VOSS Automotive acquired Henzel Automotive GmbH. Through this acquisition, HENZEL Automotive operated under the new name VOSS Automotive Valves and Actuators GmbH.
Automotive Valves Market Leaders
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Denso Corporation
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Hitachi Astemo
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BorgWarner Inc.
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Robert Bosch GmbH
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Eaton Corporation
*Disclaimer: Major Players sorted in no particular order