ADVERTISEMENT

Automotive Head Gasket Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Demand for Silicon Rubber Gaskets to boost the Market Growth | Technavio

LONDON--(BUSINESS WIRE)--Sep 1, 2020--

Technavio has been monitoring the automotive head gasket market and it is poised to grow by 15.43 million units during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200901005073/en/

Technavio has announced its latest market research report titled Global Automotive Head Gasket Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • Based on segmentation by application, which is the leading segment in the market?
  • The passenger vehicle segment is expected to be the leading segment in the global market during the forecast period.
  • What are the major trends in the market?
  • Utilization of performance MLS with the LaserWeld technology for performance improvement in engines is one of the major trends in the market.
  • At what rate is the market projected to grow?
  • Growing at a CAGR of almost 3%, the incremental growth of the market is anticipated to be 15.43 million units.
  • Who are the top players in the market?
  • AB SKF, Dana Inc., Datwyler Holding Inc., ElringKlinger AG, Flowserve Corp., Freudenberg SE, Parker Hannifin Corp., Smiths Group Plc, Tenneco Inc., and Trelleborg AB. are some of the major market participants.
  • What are the key market drivers and challenges?
  • Demand for silicon rubber gaskets is one of the major factors driving the market. However, the high repair costs restraints the market growth.
  • How big is the APAC market?
  • The APAC region will contribute 56% of market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AB SKF, Dana Inc., Datwyler Holding Inc., ElringKlinger AG, Flowserve Corp., Freudenberg SE, Parker Hannifin Corp., Smiths Group Plc, Tenneco Inc., and Trelleborg AB are some of the major market participants. The demand for silicon rubber gaskets will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Automotive Head Gasket Market 2020-2024: Segmentation

Automotive Head Gasket Market is segmented as below:

  • Application
    • Passenger Vehicles
    • Commercial Vehicles
  • Geography
    • APAC
    • Europe
    • North America
    • South America
    • MEA
  • Distribution channel
    • OEM
    • Aftermarket

To learn more about the global trends impacting the future of market research, download a free sample:https://www.technavio.com/talk-to-us?report=IRTNTR43646

Automotive Head Gasket Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive head gasket market report covers the following areas:

  • Automotive Head Gasket Market Size
  • Automotive Head Gasket Market Trends
  • Automotive Head Gasket Market Analysis

This study identifies the utilization of performance MLS with the LaserWeld technology for performance improvement in engines as one of the prime reasons driving the automotive head gasket market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform

Automotive Head Gasket Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist automotive head gasket market growth during the next five years
  • Estimation of the automotive head gasket market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive head gasket market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive head gasket market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application by Volume

  • Market segments
  • Comparison by Application by volume
  • Passenger vehicles - Market size and forecast 2019-2024 (million units)
  • Commercial vehicles - Market size and forecast 2019-2024 (million units)
  • Market opportunity by Application by volume

Market Segmentation by Distribution channel by Volume

  • Market segments
  • Comparison by Distribution channel by volume
  • OEM - Market size and forecast 2019-2024 (million units)
  • Aftermarket - Market size and forecast 2019-2024 (million units)
  • Market opportunity by Distribution channel by volume

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • AB SKF
  • Dana Inc.
  • Datwyler Holding Inc.
  • ElringKlinger AG
  • Flowserve Corp.
  • Freudenberg SE
  • Parker Hannifin Corp.
  • Smiths Group Plc
  • Tenneco Inc.
  • Trelleborg AB

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

     

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200901005073/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:[email protected]

Website:www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: AUTOMOTIVE GENERAL AUTOMOTIVE

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 09/01/2020 04:30 AM/DISC: 09/01/2020 04:31 AM

http://www.businesswire.com/news/home/20200901005073/en

Bg pattern light

UPGRADE TO PREMIUM

Subscribe to Samoa Observer Online

Enjoy access to over a thousand articles per month, on any device as well as feature-length investigative articles.

Ready to signup?