Air Inject Check Valve Market Analysis

Posted by Trupti on May 28th, 2021

Inject air check valves are one way check valves which prevent exhaust gases from entering the engine’s system. However, if the vale fails to operate, it reduces engine efficiency drastically by changing the air-to-fuel ratio in the engine. Thus, it is recommended by car manufactures to replace the air inject check valve after an indication given by the vehicle’s engine. Air inject check valves are made of aluminum.

Market Dynamics

Technological advancements in terms of material and manufacturing have increased the average operational age of vehicles. For instance, in 2018, according to Coherent Market Insights’ analysis, over the next five years the number of vehicles aged over 12 years is expected to increase by 15%; and the number of vehicles that are 16-24 years old increased 1.3X in 2018 compared to 2000. Moreover, as the average life of the vehicle is increasing it is expected to increase repair and replacement of components, thus boosting the global air inject check valve market growth.

Furthermore, authorized service dealers offer replacements and repair services at significantly higher costs compared to local shop owners. For instance, companies such as General Motors Company, Bayerische Motoren Werke AG (BMW), and other vehicle companies provide a one-year standard warranty on the air inject check valve which comes with the vehicle. After completion of the warranty period, customers need to spend around US$ 50 to US$ 500 on the air inject check valve depending upon the company and car model if purchased from an authorized dealer. On the other hand, local repairing shops charge much less compared to authorized service centers. Thus, authorized service dealers are typically preferred by new vehicle owners as they have their vehicle under warranty period.

Market Taxonomy

This report segments the global air inject check valve market on the basis of application, service provider, market type, and region. On the basis of application, the global air inject check valve market is segmented into passenger vehicles and commercial vehicles. On the basis of service provider, the global air inject check valve market is segmented into authorized service dealer and local service provider. On the basis of market type, the global air inject check valve market is segmented into OEM market and aftermarket. On the basis of region, the global air inject check valve market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East and Africa.

Key features of the study:

• This report provides an in-depth analysis of the global air inject check valve market and provides market size (US$ billion) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the global air inject check valve market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered in the global air inject check valve market are ACDelco (General Motors Company), Auto Parts Warehouse., Dorman Products (Ford Motor Company), Motorcraft, JC Whitney, Advance Auto Parts, Tomco, AutoTrust Platinum, Pierburg (Rheinmetall Automotive AG), Acura (Honda Motor Company, Ltd.), Smart Parts Online Pvt. Ltd., AutoKartz Internet (P) Ltd., Catalyst Retail Pvt. Ltd. and others.
• The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
• The global air inject check valve market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global air inject check valve market.

Detailed Segmentation:

• Global Air Inject Check Valve Market, By Application:
• Passenger Vehicles
• Commercial Vehicles
• Global Air Inject Check Valve Market, By Service Provider:
• Authorized Service dealer
• Local Service Provider
• Global Air Inject Check Valve Market, By Market Type:
• OEM Market
• Aftermarket
• Global Air Inject Check Valve Market, By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
• Company Profiles
• ACDelco (General Motors Company)*
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments
• Future Plans
• Auto Parts Warehouse
• Dorman Products (Ford Motor Company)
• Motorcraft
• JC Whitney
• Advance Auto Parts
• Tomco
• AutoTrust Platinum
• Pierburg (Rheinmetall Automotive AG)
• Acura (Honda Motor Company, Ltd.)
• Smart Parts Online Pvt. Ltd.
• AutoKartz Internet (P) Ltd.
• Catalyst Retail Pvt. Ltd.