# Automotive Camshaft Market to Receive Overwhelming Hike in Revenues by 2027 | TMR Insights
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2021-11-18
Category: Research Reports
Category URL: https://financedigest.com/category/research-reports
Meta Title: Global Camshaft Market Growth Analysis and Trends
Meta Description: Discover key insights into the global automotive camshaft market, projected to exceed US$ 27 billion by 2027. Learn about market trends, regional analysis, and
URL: https://financedigest.com/automotive-camshaft-market-to-receive-overwhelming-hike-in-revenues-by-2027-tmr-insightshtml

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**Camshaft Market: Introduction**

According to the report, the global [**automotive camshaft market**](https://www.transparencymarketresearch.com/automotive-camshaft-market.html) is projected to surpass ~ **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](https://www.financedigest.com/forging-lubricants-market-is-estimated-to-expand-at-a-cagr-of-5-6-over-the-forecast-period-of-2021-2031.html "Forging Lubricants Market is estimated to expand at a CAGR of 5.6% over the forecast period of 2021-2031").

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[**Expansion of Camshaft Market**](https://www.financedigest.com/dehydrated-vegetables-market-to-discern-steadfast-expansion-during-2018-2028.html "Dehydrated Vegetables Market to Discern Steadfast Expansion During 2018-2028")

Increased adoption of double overhead camshaft (DOHC) engines in order to achieve more power is expected to [drive the camshaft market](https://www.financedigest.com/discrete-digitization-to-drive-the-chromatographic-separation-resins-market.html "Discrete digitization to drive the Chromatographic Separation Resins 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](https://www.financedigest.com/ceramic-and-porcelain-tiles-market-projected-to-garner-significant-revenues-by-2024.html "Ceramic and Porcelain Tiles Market Projected to Garner Significant Revenues by 2024"). The expansion of the [automotive industry](https://www.financedigest.com/automotive-lighting-market-opportunity-analysis-and-industry-forecast-up-to-2031.html "Automotive Lighting Market: Opportunity Analysis and Industry Forecast up to 2031") 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](https://www.financedigest.com/will-mays-new-minister-percy-keep-the-northern-powerhouse-on-track-post-brexit.html "WILL MAY’S NEW MINISTER PERCY KEEP THE NORTHERN POWERHOUSE ON TRACK POST BREXIT?") over the organization of trade agreements among the EU and U.K. Emerging economies in Rest of Africa, such as Nigeria, Kenya, Uganda, and Tanzania, are expected to offer [opportunities for new vehicle sales, thereby providing new opportunities to the automotive](https://www.financedigest.com/automotive-carbon-brake-rotors-market-overview-cost-structure-analysis-growth-opportunities-and-forecast-to-2026.html "Automotive Carbon Brake Rotors Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2026") industry and consequently, propel the camshaft market in Middle East & Africa.

Based on engine type, the inline engine segment held a [notable share of the market](https://www.financedigest.com/fragrance-diffuser-market-notable-developments-geographical-outlook.html "Fragrance Diffuser Market: Notable Developments & Geographical Outlook") in **2018**. It is anticipated to lead the [market during the forecast](https://www.financedigest.com/sales-forecast-of-hiking-footwear-market-analysis-and-forecast-report-till-2031.html "Sales Forecast of Hiking Footwear Market , Analysis, and Forecast Report till 2031") period. Inline engines such as L4 and L6 are extensively utilized type of engines worldwide. L3 engines are also being increasingly used in compact cars. The V engine segment is estimated to expand at a considerable pace, owing to a rise in the demand for [luxury cars; however, the major demand for camshaft is estimated to be from inline engines](https://www.financedigest.com/mercedes-benz-lifts-profit-forecast-as-luxury-cars-boom.html "Mercedes-Benz lifts profit forecast as luxury cars boom").

**Regional** [Analysis of Camshaft Market](https://www.financedigest.com/veggie-meals-market-2022-outlook-current-and-future-industry-landscape-analysis-2031.html "Veggie Meals Market 2022 Outlook, Current and Future Industry Landscape Analysis 2031")

In terms of region, the [global camshaft market](https://www.financedigest.com/skin-replacement-market-trends-analysis-future-demand-global-industry-insights-2025.html "Skin Replacement Market Trends Analysis, Future Demand & Global Industry Insights 2025") has been segregated into North America, Europe, Asia Pacific, and Rest of World. During **2018**, [Asia Pacific held a leading share](https://www.financedigest.com/asia-shares-ease-euro-slugged-by-energy-crisis.html "Asia shares ease, euro slugged by energy crisis") of the global camshaft market in **2018**, owing to high volume production of vehicles in China, India, and Japan. Asia Pacific is anticipated to hold a dominant share given the large consumer base in the region. Furthermore, several automakers have outsourced their [production to China and India due](https://www.financedigest.com/apple-likely-to-cut-iphone-13-production-due-to-chip-crunch-bloomberg-news.html "Apple likely to cut iPhone 13 production due to chip crunch -Bloomberg News") to low manufacturing charges, which in turn is further expected to boost the camshaft market in Asia Pacific.

Asia Pacific is followed by Europe and North America, in [terms of share of the global market](https://www.financedigest.com/chemical-injection-metering-pumps-valves-market-to-surge-at-a-robust-pace-in-terms-of-revenue-over-2021-2031.html "Chemical Injection Metering Pumps & Valves Market to Surge at a Robust Pace in Terms of Revenue over 2021 – 2031"). In terms of volume, the [market in Latin America is projected to expand](https://www.financedigest.com/non-ionizing-radiation-emf-detection-measurement-and-safety-market-is-projected-to-expand-at-a-cagr-of-4-57-from-2016-to-2024-tmr.html "Non-ionizing Radiation/EMF Detection, Measurement, and Safety Market is projected to expand at a CAGR of 4.57% from 2016 to 2024 – TMR") significantly, owing to the entry of foreign manufacturers in Mexico and Brazil, which in turn is estimated to boost the demand for camshaft. Prominent players operating in the [global camshaft market](https://www.financedigest.com/endoscopic-mucosal-resection-market-global-leading-companies-analysis-revenue-trends-and-forecasts-2027.html "Endoscopic Mucosal Resection Market Global Leading Companies Analysis, Revenue, Trends and Forecasts 2027") include **COMP Performance Group, Hirschvogel Holding GmbH, JBM Industries, JD Norman Industries, Inc., Kautex, MAHLE GmbH, Meritor, Inc., PCL India, Pipers RS Ltd., and Schrick Camshaft.**

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**[Global Camshaft Market:](https://www.financedigest.com/global-rebar-processing-equipment-market-expected-to-reach-us-1-07-bn-by-2026-tmr-study.html "Global Rebar Processing Equipment Market Expected To Reach US$ 1.07 Bn By 2026 – TMR Study") Segmentation**

- **Camshaft Market, by Vehicle Type**
  - Passenger Vehicle
  - Commercial Vehicle
- **Camshaft Market, by Fuel Type**
  - Gasoline
  - Diesel
- **Camshaft Market, by Engine Type**
  - Inline Engine
  - V-engine
  - Others
- **Camshaft Market, by Manufacturing Technology**
  - Cast Camshaft
  - Forged Camshaft
  - Assembled Camshaft
- **Camshaft Market, by Sales Channel**
  - OEM
  - Aftermarket

**[Explore](https://www.financedigest.com/3d-printed-electronics-market-in-asia-pacific-may-see-a-big-move-explores-the-latest-report-by-tmr.html "3D Printed Electronics Market in Asia Pacific May See a Big Move, Explores the Latest Report by TMR") Latest Reports by TMR:**

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