The global tappet market, valued at USD 9.56 Billion in 2024. It is expected to grow at a CAGR of 3.30% from 2025 to 2034, reaching nearly USD 13.23 Billion by 2034. This growth is driven by the potential for accessing new markets, which can enhance revenue streams and contribute to overall business growth and profitability.
Tappets are key components in automotive engines, playing an important role in ensuring accurate valve timing and the efficient functioning of internal combustion engines. They are part of the valve train system which optimises the flow of the fuel-air mixture and the expulsion of exhaust gases. Moreover, this functionality enhances fuel efficiency, engine performance, and emissions control. As automotive manufacturers strive to improve engine efficiency and longevity, tappets made from advanced materials and innovative designs are becoming increasingly significant for contemporary engines, adherence to stringent emission standards and contributing to superior performance. The rising integration of technology in tappets aims to boost performance, durability, and efficiency. The application of advanced materials, such as specialised coatings, and high-strength alloys greatly enhances wear resistance. Furthermore, innovations like electro-hydraulic tappets and variable valve timing are being incorporated into engine systems, leading to, reduced emissions, improved fuel efficiency, and enhanced overall engine performance.
The rising demand for tappets in North America is driven by the growing automotive sector, especially in high-performance vehicles, and the need for reliable engine components in passenger and commercial vehicles. Additionally, in Europe, demand is fueled by technological advancements, stricter emission standards, and the shift towards electric and hybrid vehicles, which require more efficient engine components.
Furthermore, Latin America's tappet demand is increasing due to higher automotive production and a growing aftermarket, spurred by rising vehicle ownership and improved manufacturing capabilities.
In the Middle East and Africa, demand is rising due to increased automotive sales, industrialisation, and infrastructure development, necessitating robust engine components for both passenger and heavy-duty vehicles.
Other major players in the tappet market are Rane Engine Valve Limited, Crower Cams Equipment Company Inc., Riken Corporation, Wuxi Xizhou Machinery Co. Ltd., SM Motorenteile GmbH, and Tenneco Inc. among others.
Global Tappet Market Report Summary
Market Size 2024
- USD Billion 9.56
Market Size 2034
- USD Billion 13.23
- CAGR 2025-2034
- 3.30%
CAGR 2025-2034 - Market by Region
- Asia Pacific
- 3.7%
CAGR 2025-2034 - Market by Country
- India
- 4.1%
CAGR 2025-2034 - Market by Country
- China
- 3.5%
CAGR 2025-2034 - Market by Type
- Roller Tappet
- 3.9%
CAGR 2025-2034 - Market by Engine Capacity
More than 6 Cylinders Engine
- 3.8%
Market Share by Country 2024
- Germany
- 4.4%
Global Tappet Market Growth
China is the world's largest vehicle manufacturer, producing 3.2 million commercial vehicles and over 23.8 million cars in 2022, thereby leading to a total output of nearly 27 million vehicles. Additionally, the United States ranks as the second-largest car producer, with 8.3 million commercial vehicles and around 1.8 million cars produced in the same year. Furthermore, India is the third-largest automobile market globally, thereby leading to the tappet market expansion.Tappets are key components in automotive engines, playing an important role in ensuring accurate valve timing and the efficient functioning of internal combustion engines. They are part of the valve train system which optimises the flow of the fuel-air mixture and the expulsion of exhaust gases. Moreover, this functionality enhances fuel efficiency, engine performance, and emissions control. As automotive manufacturers strive to improve engine efficiency and longevity, tappets made from advanced materials and innovative designs are becoming increasingly significant for contemporary engines, adherence to stringent emission standards and contributing to superior performance. The rising integration of technology in tappets aims to boost performance, durability, and efficiency. The application of advanced materials, such as specialised coatings, and high-strength alloys greatly enhances wear resistance. Furthermore, innovations like electro-hydraulic tappets and variable valve timing are being incorporated into engine systems, leading to, reduced emissions, improved fuel efficiency, and enhanced overall engine performance.
Key Trends and Developments
The tappet market growth can be attributed to the expansion of the automotive sector, the adoption of technological advancements, the rising production of vehicles and rising aftermarket demand.September 2024
Schaeffler, a German producer of rolling element bearings utilised in aerospace, automotive, and industrial applications entered into a strategic partnership agreement with Alstom, a French company specialising in rolling stock manufacturing, to advance their collaborative efforts in the field of rail transport. This collaboration aims to leverage the strengths of both companies to enhance their joint initiatives within the rail transport sector. By combining Schaeffler's advanced bearing technology and engineering capabilities with Alstom's extensive experience in designing and manufacturing trains and rail systems, the partnership seeks to develop innovative solutions that improve the efficiency, safety, and sustainability of rail transport.May 2024
Eaton, a company dedicated to intelligent power management successfully completed the acquisition of Exertherm, a privately held company based in the United Kingdom that specialises in thermal monitoring solutions for electrical equipment. This acquisition marks a significant step for Eaton as it continues to innovate and lead in the field of intelligent power management, reinforcing its dedication to providing cutting-edge solutions that address the evolving needs of its customers in a rapidly changing technological landscape.January 2022
Eaton, a firm specialising in power management purchased Royal Power Solutions, a United States manufacturer recognised for its high-precision electrical connectivity components used in the energy management, electric vehicle, industrial, and mobility sectors. By leveraging Exertherm's expertise, Eaton is poised to deliver enhanced value to its clients, ensuring that they can operate their electrical systems with greater confidence and efficiency.June 2021
Jesse Crosse, an automotive writer discussed tappet adjustment on classic four-cylinder engines. He explained how pushrod engines operate and the importance of maintaining clearances between rockers and valves to prevent damage. Crosse provided insights for DIY enthusiasts, emphasising the significance of proper valve adjustments for engine performance.Expansion of the Automotive Sector
One of the notable trends in the tappet market is the expansion of the automotive sector. The increase in vehicle production is significantly driving up the demand for tappets in engine systems. As the automotive sector continues to grow, the need for efficient engine components, such as tappets, becomes more critical for optimising fuel efficiency and engine performance. As the automotive sector progresses, the necessity for effective engine components, including tappets, becomes increasingly vital, thereby leading to the expansion of the market on a global scale.Adoption of Technological Advancements
Innovation in tappet materials and design are improving engine performance and efficiency. Additionally, the emergence of new technologies in vehicle manufacturing, including hybrid and electric models, is further boosting the demand for advanced tappet systems designed to meet specific engine requirements. This adaptability can lead to further improvements in performance and efficiency, as well as enhanced vehicle responsiveness. As a result, manufacturers are also investing in research and development to create tappet systems that not only meet current demands but also anticipate future trends in automotive engineering.Rising Production of Vehicles across the World
The rise in the production of vehicles, especially in countries like India and China, is fueling the demand for the tappet market. Furthermore, the growing need for trucks, cars, and motorcycles necessitates high-quality tappets to ensure efficient engine operation. The increasing focus on technological advancements in the automotive sector, such as the integration of advanced engine management systems and the development of electric and hybrid vehicles, is also influencing the tappet market. Manufacturers are now seeking tappets that not only meet traditional performance standards but also align with the evolving requirements of modern engines.Rising Aftermarket Demand
The expansion of the automotive aftermarket, driven by the need for engine replacements and repairs, significantly contributes to the rising demand for tappets. As vehicle owners seek to improve or maintain their engine systems, tappets become key components for ensuring optimal performance and engine longevity. As vehicle owners prioritise the enhancement and maintenance of their engine systems, tappets emerge as essential components that not only guarantee optimal performance but also play a crucial role in extending the lifespan of engines.Global Tappet Market Trends
The market is experiencing consistent growth, fuelled by an increasing demand for high-performance vehicles and advancements in automotive engine technology. As automotive manufacturers strive to lower emissions, enhance fuel efficiency, and improve engine durability, there is a significant trend towards creating tappets that emphasise both precision and longevity. Furthermore, the growing automotive aftermarket is also boosting the demand for tappets for engine replacements and maintenance. Stricter emission regulations worldwide are also prompting manufacturers to design tappets that facilitate cleaner engine performance.Global Tappet Industry Segmentation
The report titled “Global Tappet Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:Breakup by Type
- Flat Tappet
- Roller Tappet
Breakup by Engine Capacity
- Less than 4 Cylinders Engine
- 4-6 Cylinders Engine
- More than 6 Cylinders Engine
Breakup by Vehicle Type
- Heavy Commercial Vehicle
- Light Duty Vehicles
Breakup by End User
- Economic Passenger Car
- Luxury Passenger Cars
- Mid-Priced Passenger Cars
Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
CAGR 2025-2034 - Market by
- Country
- India
- 4.1%
- China
- 3.5%
- Mexico
- 3.4%
- Canada
- 3.3%
- Saudi Arabia
- 3.3%
- USA
- Germany
- 3.1%
- France
- Italy
- Japan
- Australia
- Brazil
- UK
- 3.0%
Global Tappet Market Share
Based on the region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The growing application of tappets in the Asia-Pacific is largely driven by the expansion of the automotive sector, especially in countries like India, China, and Japan. The increase in vehicle sales and production, along with increasing consumer demand for improved engine performance, is boosting the demand for advanced tappet systems. Furthermore, the expansion of the automotive aftermarket is further enhancing the demand for tappets, particularly for engine repair and maintenance in the region.The rising demand for tappets in North America is driven by the growing automotive sector, especially in high-performance vehicles, and the need for reliable engine components in passenger and commercial vehicles. Additionally, in Europe, demand is fueled by technological advancements, stricter emission standards, and the shift towards electric and hybrid vehicles, which require more efficient engine components.
Furthermore, Latin America's tappet demand is increasing due to higher automotive production and a growing aftermarket, spurred by rising vehicle ownership and improved manufacturing capabilities.
In the Middle East and Africa, demand is rising due to increased automotive sales, industrialisation, and infrastructure development, necessitating robust engine components for both passenger and heavy-duty vehicles.
Leading Companies in the Global Tappet Market
Key players in the tappet market are concentrating on adopting technological advancements to secure a competitive advantage. The incorporation of innovative technologies in tappet manufacturing includes precision engineering, automation, and the use of advanced materials. These developments contribute to increased production efficiency, improved product quality, minimised wear and tear, and enhanced reliability in engine performance.Schaeffler AG
Established in 1946 and headquartered in Herzogenaurach, Germany, Schaeffler AG is a prominent global supplier in the industrial and automotive sectors, focusing on precision components such as clutches, bearings, and tappets. The company caters to various sectors, including aerospace, automotive, and energy.AB SKF
Established in 1907 and headquartered in Gothenburg, Sweden, AB SKF is a key producer of seals, bearings, and lubrication systems. The company delivers innovative solutions across various sectors, including aerospace, automotive, and energy, with an emphasis on improving fostering sustainability and operational efficiency.Eaton Corporation
Established in 1911 and headquartered in Dublin, Ireland, Eaton Corporation is a versatile industrial company that specialises in the management of hydraulic, electrical, and mechanical power systems. It provides energy-efficient solutions tailored for aerospace, automotive, and industrial applications.NSK Ltd.
Founded in 1916 and headquartered in Tokyo, Japan, NSK Ltd. is a major manufacturer of automotive and bearings components. The company produces high-precision machinery parts for key sectors such as industrial machinery, automotive, and electronics.Other major players in the tappet market are Rane Engine Valve Limited, Crower Cams Equipment Company Inc., Riken Corporation, Wuxi Xizhou Machinery Co. Ltd., SM Motorenteile GmbH, and Tenneco Inc. among others.
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Tappet Market Analysis
6 North America Tappet Market Analysis
7 Europe Tappet Market Analysis
8 Asia Pacific Tappet Market Analysis
9 Latin America Tappet Market Analysis
10 Middle East and Africa Tappet Market Analysis
11 Market Dynamics
12 Competitive Landscape
Companies Mentioned
- Schaeffler AG
- AB SKF
- Eaton Corporation
- NSK Ltd.
- Rane Engine Valve Limited
- Crower Cams Equipment Company Inc.
- Riken Corporation
- Wuxi Xizhou Machinery Co. Ltd.
- SM Motorenteile GmbH
- Tenneco Inc.