Product Code: ETC072823 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India automotive camshaft market import shipment demonstrated steady growth with a CAGR of 4.9% from 2020-2024. However, there was a notable decline in growth rate between 2023 and 2024, showing a temporary slowdown. Overall, the market expanded steadily with a slight dip in momentum towards the end of the period.
The automotive camshaft market in India is expected to show tremendous growth during the forecast period, owing to increasing production of vehicles and rising demand for efficient fuel economy. Growing sales of passenger cars and commercial vehicles, increasing safety concerns among consumers and rapid urbanization are some of the major drivers responsible for boosting the automotive camshaft market in India. In addition, automobile manufacturers are focusing on technologically advanced features like variable valve timing (VVT), which uses an automated system such as hydraulic or electric actuators that opens/closes valves based on engine speed & load conditions.
However, high cost associated with these systems may restrain the growth of this market during the forecast period. Furthermore, COVID-19 pandemic has also put a negative impact on the Indian Auto component industry due to lockdown restrictions imposed by government across states from March 2025 till date.
Going forward, growing trend towards vehicle electrification is expected to provide lucrative opportunities for players operating in this space over coming years as new technologies will call for new designs and components which will further boost demand for camshafts . Moreover ,also wide range applications such as heavy duty diesel engines used in mining , construction equipment etc., are creating a positive outlook towards its future growth prospects . Some key companies operating in this sector include Minda Corporation Limited , Kirloskar Oil Engines Ltd , Bharat Forge Limited etc .
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Automotive Camshaft Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Camshaft Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive Camshaft Market - Industry Life Cycle |
3.4 India Automotive Camshaft Market - Porter's Five Forces |
3.5 India Automotive Camshaft Market Revenues & Volume Share, By Manufacturing Technology, 2021 & 2031F |
3.6 India Automotive Camshaft Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 India Automotive Camshaft Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Automotive Camshaft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for high-performance vehicles in India |
4.2.2 Increasing focus on fuel efficiency and emission control regulations |
4.2.3 Technological advancements in automotive camshaft design and manufacturing |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Intense competition among automotive camshaft manufacturers |
4.3.3 Slowdown in the automotive industry due to economic factors |
5 India Automotive Camshaft Market Trends |
6 India Automotive Camshaft Market, By Types |
6.1 India Automotive Camshaft Market, By Manufacturing Technology |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Camshaft Market Revenues & Volume, By Manufacturing Technology, 2021-2031F |
6.1.3 India Automotive Camshaft Market Revenues & Volume, By Cast Camshaft, 2021-2031F |
6.1.4 India Automotive Camshaft Market Revenues & Volume, By Forged Steel Camshaft, 2021-2031F |
6.1.5 India Automotive Camshaft Market Revenues & Volume, By Assembled Camshaft, 2021-2031F |
6.2 India Automotive Camshaft Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Camshaft Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.2.3 India Automotive Camshaft Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.2.4 India Automotive Camshaft Market Revenues & Volume, By Heavy Commercial Vehicle, 2021-2031F |
6.3 India Automotive Camshaft Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Automotive Camshaft Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 India Automotive Camshaft Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 India Automotive Camshaft Market Import-Export Trade Statistics |
7.1 India Automotive Camshaft Market Export to Major Countries |
7.2 India Automotive Camshaft Market Imports from Major Countries |
8 India Automotive Camshaft Market Key Performance Indicators |
8.1 Average age of vehicles in India |
8.2 Adoption rate of advanced camshaft technologies in new vehicle models |
8.3 Investment in RD for automotive camshaft innovations |
8.4 Number of vehicles complying with emission standards |
8.5 Percentage of vehicles in India equipped with turbocharged engines |
9 India Automotive Camshaft Market - Opportunity Assessment |
9.1 India Automotive Camshaft Market Opportunity Assessment, By Manufacturing Technology, 2021 & 2031F |
9.2 India Automotive Camshaft Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 India Automotive Camshaft Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Automotive Camshaft Market - Competitive Landscape |
10.1 India Automotive Camshaft Market Revenue Share, By Companies, 2024 |
10.2 India Automotive Camshaft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |