To lower the braking fluid pressure applied to each axle set of the brake system, automotive proportioning valves are employed in the vehicle’s brake system. A crucial part of the brake system linking the master cylinder to the rest of the braking system is the automotive proportioning valve. The automotive proportioning valve operates on a spring. Automotive Proportioning Valves assist in changing the brake force distribution between the front and back wheels, preventing the rear tires from locking up as a result. The market for automotive proportioning valves is anticipated to expand significantly over the next few years as a result of rising auto sales and fleet sizes. This is then anticipated to support the expanding global market for automotive proportioning valves during the forecast period.
In 2032, the market for automotive proportioning valves is expected to be worth US$ 285.4 Million.
The analysis projects that sales in the global market for automotive proportioning valves will reach US$ 195.1 Million in 2022 and rise steadily at a CAGR of 11.8 percent over the forecast period (2022-2032).
Automotive Proportioning Valves Market- Segment
Based on Product type:
- Master Cylinder-Mounted Automotive Proportioning Valves
- Load Sensing Automotive Proportioning Valves
- Combination Valve-Mounted Automotive Proportioning Valves
Based on vehicle type:
- Conventional Vehicles
- Passenger Car
- Compact Cars
- Mid-size cars
- SUVs
- Luxury Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Electric Vehicles
Based on Sales Channel:
- Original Equipment Manufacturer (OEM)
- Aftermarket
Key Participants:
- ACDelco
- Knorr-Bremse AG
- Emmerson Electric Co.
- Wilwood Engineering, Inc.
- Heidts Automotive LLC
- Veoneer-Nissin Inc
- IBARA SEIKI CO., LTD.
- Baer Brakes
