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Automotive Camshaft Market Analysis Highlights the Impact of COVID-19 (2021-2027) – KSU


US$ 27 Bn by
2027, expanding at a CAGR of
~3% during the forecast period. Asia Pacific and Latin America are anticipated to witness high growth in vehicle production and subsequently, estimated to boost the camshaft market during the forecast period.
Expansion of Camshaft Market
Increased adoption of double overhead camshaft (DOHC) engines in order to achieve more power is expected to drive the camshaft market. The DOHC type engine utilizes two camshafts per cylinder block, i.e., 2 camshafts in an inline engine and 4 camshafts in v engine. Increase in the number of camshafts per engine, owing to a rise in the demand for DOHC engine is projected to drive the camshaft market. The expansion of the automotive industry in developing countries such as China, India, Brazil and Mexico is boosting the camshaft market. Vehicle sales are expected to improve in Europe post the tailwind of Brexit over the organization of trade agreements among the EU and U.K. Emerging economi ....

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