An automotive camshaft is a vital component in an automobile’s engine. It finds immense application in the internal combustion engine. In an automobile, internal combustion engine occurs by allowing small amounts of fuel and air mixture into various parts of an engine at different times through a number of valves. The camshaft is a metal shaft, which rotates continuously and pushes protruding parts such as lobes against the valves carrying the fuel and air mixture. As the camshaft rotates, the movement of the lobes open the valves. The lobes are generally round teardrop shaped or oval. There is one lobe in the camshaft for every valve as each valves are positioned differently to push open each and every specific valves at different times. In order to have a better performance of a vehicle, it is extremely important to have camshafts that can time the opening of valves perfectly. The two major materials used for the manufacturing of camshafts are chilled iron castings and billet steel.
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Increasing production of vehicles and rising demand for passenger vehicles is a major driving factor for the automotive camshaft market. In addition, rising trend of engine downsizing and stringent automobile standards are the other major factors motivating the growth for advanced and light-weight camshafts globally. Moreover, growth in the automotive sector and rising investments in automotive camshaft manufacturing companies across the world is set to influence the market significantly during the forecast period.
The automotive camshaft market can be classified by manufacturing technology, by application and by geography. The manufacturing technology segment can be classified into cast camshaft, forged steel camshaft and assembled camshaft. By application, the market can be segregated as passenger vehicles, light commercial vehicles and heavy commercial vehicles. By geography, the market can be segmented into North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
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