In 2032, the market for Automotive spacer rings is projected to be worth US$853.2 million.
According to a survey by FMI, the global market for automotive spacer rings is expected to reach US$ 421.7 Million in 2022. In the projection period from 2022 to 2032, the market is anticipated to rise steadily at a CAGR of 15.8%.
An automobile space ring maintains a precise spacing between two intermediary vehicle parts so they can function effectively when that is necessary. A secondary automotive component called an automotive spacer ring is made to physically separate two sections of a car by a defined amount to provide the desired result. Automotive spacer rings are used to place an automobile precisely for operating stability and to shield the parts from damage. The size of the gap that needs to be filled determines the size of the automotive ring spacer. Most automotive spacer rings are utilized in the twin-pipe exhaust system, wheel mounting, and camshaft.
Key Players:
- WADE Drains
- Mondello Performance Products, Inc.
- Eaton Corporation
- Sick AG
- KnitMesh Technologies
- L. Huyett (Shims)
- ARaymond
- SPIROL
- COMPcams
- Crane cams
