Middle East & Africa Automotive Engine Valve Market Size & Outlook
The automotive engine valve market in Middle East & Africa is expected to reach a projected revenue of US$ 207.9 million by 2030. A compound annual growth rate of 2.7% is expected of Middle East & Africa automotive engine valve market from 2024 to 2030.
Revenue, 2023 (US$M)
$172.6
Forecast, 2030 (US$M)
$207.9
CAGR, 2024 - 2030
2.7%
Report Coverage
Middle East & Africa
Middle East & Africa automotive engine valve market, 2018-2030 (US$M)
MEA automotive engine valve market highlights
- The MEA automotive engine valve market generated a revenue of USD 172.6 million in 2023.
- The market is expected to grow at a CAGR of 2.7% from 2024 to 2030.
- In terms of segment, hollow was the largest revenue generating type in 2023.
- Hollow is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 172.6 million |
| Market revenue in 2030 | USD 207.9 million |
| Growth rate | 2.7% (CAGR from 2023 to 2030) |
| Largest segment | Hollow |
| Fastest growing segment | Hollow |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hollow |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.3% of the global automotive engine valve market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,087.8 million by 2030.
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Automotive Engine Valve Market Scope
Automotive engine valve market segmentation & scope
Vehicle Type
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Distribution Channel
OEMs
Aftermarket
Material
Steel
Titanium
Nickel Alloy
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Sweden
Denmark
Norway
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
China
India
Japan
Australia
South Korea
Thailand
Automotive Engine Valve Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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