Global Crankcase Ventilation (CV) Market - 2024-2031

Overview

Global Crankcase Ventilation Market reached US$ 24.6 Billion in 2023 and is expected to reach US$ 36.7 Billion by 2031, growing with a CAGR of 5.2% during the forecast period 2024-2031.

Globally, the growing need for emission control technology as a result of the global automotive industry's general expansion, which is demonstrated by rising vehicle production and sales. CV systems are becoming more important as the automobile market grows. The advanced and efficient crankcase ventilation systems have been developed as a result of ongoing improvements in vehicle technology. To improve the functionality and performance of these systems, manufacturers spend money on research and development activities.

Major key players in the region launched new products in the market that helped to boost the market growth of the global crankcase ventilation market. For instance, on December 04, 2023, Hengst launched transmission oil pans and crankcase ventilation systems in the market. Hengst expanded their portfolio of aftermarket products to include quality gearbox oil pans for dual-clutch and automatic transmissions.

Due to the fast expansion of the automobile sector, North America leads the world in the crankcase ventilation market. Customers in the area tend to spend their money on cars and other automobiles equipped with modern technology, such as efficient pollution control systems. The use of pollution control systems is further accelerated in U.S. by government programs and incentives such as tax credits for environmentally friendly automobiles. Customers are incentivized to select cars with CV systems because of these incentives.

Dynamics

Growing Automotive Industry Globally

Global vehicle manufacturing is rising significantly in the automotive sector. The growing demand for hydraulic systems develops in line with the number of automobiles on the road. In many automobile applications, such as hydraulic systems, power steering, brakes and suspension, are essential. Maintaining these vital automotive systems' dependability and efficiency helps to boost the market growth of Crankcase Ventilation.

Due to the expansion in industrial activity and logistics, there is a growing need for commercial vehicles such as buses and trucks. To increase performance, these vehicles' hydraulic systems need efficient filtering technological advances. According to the data given by AZO Materials in 2022, one of the largest sectors in the world is the automotive industry. Around 60 million automotive vehicles are manufactured annually. Around 3% of the global GDP was made up of the automobile sector. With 7% of the global GDP coming from the automobile sector, China and India are significant rising markets.

Growing Regulatory Requirements for Emissions

Globally, government regulatory agencies are putting more and more restrictions on automobile emissions. Major key players of automobiles are required to abide by the emission limits established by local regulatory bodies. Crankcase Ventilation systems aid in achieving compliance. Emission standards are subject to periodic updates and amendments. Regulatory bodies continuously assess the environmental impact of vehicle emissions and tighten standards over time. The ongoing evolution of regulations sustains the demand for advanced emission control technologies like CV systems.

Idle emission limits were the initial set of emission laws in India, going into force in 1989. In 2010, Bharat Stage III Emission Norms for 4-wheelers for the entire country whereas Bharat Stage - IV (Eq. to Euro IV) for Thirteen cities namely; National Capital Region and the cities of Mumbai, Kolkata, Chennai, Bangalore, Hyderabad including Secunderabad, Ahmedabad, Pune, Surat, Kanpur, Agra, Sholapur and Lucknow.

High Cost Of Crankcase Ventilation (CV) Systems

Advanced CV systems often incorporate sophisticated technologies, such as coalescing filters, cyclonic separators and pressure control valves, to enhance their efficiency. The complexity of these technologies contributes to higher manufacturing and development costs. Meeting stringent emission standards requires the integration of advanced technologies in crankcase ventilation systems. Major key players globally invest in research and development to ensure compliance with these standards, contributing to increased production costs.

Continuous innovation and the development of new technologies to enhance crankcase ventilation systems involve substantial research and development expenditures. Manufacturers recoup these costs, leading to higher product prices. CV systems required to undergo rigorous testing and certification processes to ensure their effectiveness, durability and compliance with regulatory standards. The testing and certification procedures contribute to the overall cost of bringing a CV system to market.

Segment Analysis

The global crankcase ventilation market is segmented based on component, product, vehicle, engine, material and region.

Growing Adoption of Advanced CV Systems Globally

Based on the product, the crankcase ventilation market is segmented into traditional CV systems and Advanced CV Systems. The advanced CV Systems segment is growing globally over the forecast period. globally emission regulations are becoming more and more strict, which means that sophisticated emission control systems must be developed and implemented. Modern CV systems assist cars meet stringent environmental standards by improving the effectiveness of gas separation and emissions reduction.

Growing product launches of crankcase ventilation systems by the major key players help to boost segment growth over the forecast period. For instance, on October 14, 2021, Mitsubishi Electric launched 'CV Series' of 3D CO2 Laser Processing Systems for Cutting CFRP. By achieving high productivity and processing quality significantly better than current methods, Mitsubishi Electric's CV Series will overcome several obstacles and make it possible to produce CFRP goods in large quantities at a level that was previously unattainable.

Geographical Penetration

North America is Dominating the Crankcase Ventilation Market

North America accounted for the largest market share in the global crankcase ventilation market due to the rising government regulations for emissions. The U.S. is the largest producer of vehicles in the region. The growing presence of major automobile manufacturers helps to increase the demand for various automotive components such as those related to emissions control like crankcase ventilation systems.

Regulation entities like the Environmental Protection Agency (EPA) in US and comparable organizations in Canada and Mexico have strict emission rules in place for vehicles operating in North America. Crankcase ventilation systems and other sophisticated emission control technologies have to be used to comply with these rules. According to the data given by Select USA, U.S. is one of the largest Automotive markets in the world. In 2020, U.S. light vehicle sales were 14.5 million units. The U.S. is the world's second-largest market for vehicle production and sales. According to Autos Drive America, foreign manufacturers manufactured 5 million automobiles in US in 2020.

Competitive Landscape

The major global players in the market include Alfdex AB, MAHLE GmbH, MANN+HUMMEL, Metal Textiles, PARKER HANNIFIN, Continental AG, Cummins Filtration Inc, Seaboard Marine LTD, Sogefi and Fleetguard Filters Private Limited.

COVID-19 Impact Analysis

Globally supply chain has been impacted by travel restrictions, lockdowns and alterations in transportation due to the Government's strict regulations. Production delays resulted from difficulties obtaining components and raw materials for manufacturers of crankcase ventilation equipment. Due to health and safety regulations, several manufacturing facilities had to temporarily close or restrict their production capacity. As a result, components of crankcase ventilation items were delayed and productivity was reduced.

Because of the pandemic, demand for hydraulic filtration products varied throughout businesses. While demand for specific applications fell sharply in certain areas, such as aerospace and the automotive sector, it increased in other industries, such as healthcare and several industrial categories. Lockdowns and unstable economic conditions immediately affected industries like construction, manufacturing and automotive which primarily depend on hydraulic equipment. A decline in these industries' activity resulted in a decline in the market growth of Crankcase Ventilation.

Russia-Ukraine War Impact Analysis

Supply chain interruptions caused by geopolitical crises have an impact on the manufacture and delivery of automobile parts, notably those about crankcase ventilation systems. Delays and shortages result from disruptions to important supply chains or production sites. Due to the Russia-Ukraine war raw material prices fluctuate as a result of economic uncertainty brought on by wars or other crises. The automobile industry adopts a variety of materials, price fluctuations could have an impact on manufacturing costs due to this product prices are increased.

Due to the geopolitical instability, there are economic downturns that negatively impacts consumer confidence and purchasing power. It influences the demand for automotive components, affecting the overall market growth. Russia-Ukraine war led to changes in regulatory environments, including emissions standards and trade agreements. Changes in regulations impact the design and production of automotive components, such as crankcase ventilation systems, to meet evolving requirements.

By Component

• Hoses and Tubes
• Filters
• Valves
• Engine Breather
• Others

By Product

• Traditional CV Systems
• Advanced CV Systems

By Vehicle

• Passenger Vehicles
• Commercial Vehicles
• Off-Highway Vehicles

By Engine

• Gasoline Engines
• Diesel Engines

By Material

• Stainless Steel
• Aluminum

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• On March 30, 2023, Melexis completed its PCB-less pressure sensor IC platform. Customers and OEMs will be able to use a single modular technology to make all of their ICE engine management apps greener by using these pressure sensors. The Melexis pressure sensor family's plug-and-play design accommodates all ICE management applications including Fuel vapor and crankcase ventilation, EGR, GPF/DPF, Secondary Air Injection (SAI) and (T)MAP.
• On February 01, 2023, Volvo launched a biogas truck for lowering CO2 on longer transports. The new truck carries long-distance transport tasks and reduce overall CO2 emissions. The gas engines have had a comprehensive overhaul; a new turbo, variable oil pump, crankcase ventilation that manages unfiltered oil and pistons and injectors that reduce friction are all responsible for the improved efficiency.
• On March 08, 2023, Cummins Inc., launched Accelera, a new brand for its New Power business unit. It offers a diverse portfolio of zero-emissions solutions for many of the world's most vital industries empowering customers to accelerate their transition to a sustainable future.

Why Purchase the Report?

• To visualize the global crankcase ventilation market segmentation based on component, product, vehicle, engine, material and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of Crankcase Ventilation market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global crankcase ventilation market report would provide approximately 78 tables, 71 figures and 230 Pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies