PUBLISHER: The Business Research Company | PRODUCT CODE: 1924311
PUBLISHER: The Business Research Company | PRODUCT CODE: 1924311
A tappet is a crucial element within an internal combustion engine, transforming the rotational movement of the camshaft into linear motion that exerts pressure on the engine's valve stems, resulting in the opening of the valves. The tappet serves the purpose of minimizing the gap between the camshaft and the rocker arm, eliminating the necessity for component alterations, as it responds to hydraulic pressure during engine startup. It plays a vital role in ensuring the smooth and effective functioning of the machinery.
The primary variations of tappets encompass flat tappets, roller tappets, and hydraulic tappets. A flat tappet, found in internal combustion engines, converts the camshaft's rotary motion into the linear motion of the valves, either directly or indirectly. It is applicable across diverse engine capacities, such as those with less than 4 cylinders, 4-6 cylinders, and more than 6 cylinders, and is utilized in heavy-duty commercial vehicles and light-duty commercial vehicles. These products are distributed through various channels, including original equipment manufacturers (OEM) and the aftermarket, catering to a wide range of end-users, including economic passenger cars, luxury passenger cars, and mid-priced passenger cars.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs on steel alloys, precision machined components and automotive engine parts have increased production and procurement costs for tappet manufacturers, particularly impacting OEMs and aftermarket suppliers dependent on imported materials from Asia. Heavy duty and light commercial vehicle segments in North America and Europe face heightened pricing pressure and longer replacement cycles. However, tariffs are also stimulating regional investments in metal processing, localized machining capabilities and improved supply chain resilience, creating selective opportunities for domestic component manufacturers.
The tappet market research report is one of a series of new reports from The Business Research Company that provides tappet market statistics, including tappet industry global market size, regional shares, competitors with a tappet market share, detailed tappet market segments, market trends and opportunities, and any further data you may need to thrive in the tappet industry. This tappet market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The tappet market size has grown steadily in recent years. It will grow from $9.75 billion in 2025 to $10.13 billion in 2026 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to growth in internal combustion engine production, increasing adoption of hydraulic tappet technology, rising demand for durable engine valve train components, advancements in metallurgical processes, expansion of commercial vehicle manufacturing.
The tappet market size is expected to see steady growth in the next few years. It will grow to $12.29 billion in 2030 at a compound annual growth rate (CAGR) of 5.0%. The growth in the forecast period can be attributed to shift toward improved fuel efficiency standards, rising demand for high performance passenger vehicles, increasing focus on reducing engine noise and vibration, advancements in lightweight tappet materials, growth in aftermarket demand for precision engine components. Major trends in the forecast period include increasing adoption of precision engine component manufacturing, growing integration of automated production technologies in tappet manufacturing, rising use of smart monitoring in engine component performance, shift toward lightweight and durable materials for tappets, advancements in high efficiency internal combustion engine designs.
The rising demand for racing cars is expected to drive the growth of the tappet market going forward. Racing cars refer to specially designed and modified vehicles built for competitive motorsports. In racing cars, tappets play a key role in optimizing valve timing for maximum power and efficiency, which is essential for achieving high speeds and responsive performance on the racetrack. For example, in May 2023, according to the corporate and financial report released by Ferrari S.p.A., an Italy-based luxury sports car manufacturer, 3,567 Ferrari units were shipped in Q1 2023, representing a 9.7% increase from Q1 2022. Net revenues reached $1.54 billion in Q1 2023, a 20.5% increase from the previous year. Therefore, the rising demand for racing cars is fueling the growth of the tappet market.
The rising demand for passenger cars is expected to drive the growth of the tappet market going forward. Passenger cars are vehicles designed primarily for transporting people and typically accommodate between one and five passengers. In passenger cars, tappets play a crucial role in ensuring that valves open and close at the correct time, supporting efficient engine operation and preventing potential engine damage. For example, in July 2023, according to the Society of Motor Manufacturers and Traders, a UK-based trade association, Honda Motor Co. Ltd.'s sales increased from 1,678 units in 2022 to 1,925 units in 2023, reflecting a growth of 14.75%. Additionally, Nissan Motor Co. Ltd.'s car sales rose from 4,662 units in 2022 to 6,087 units in 2023, an increase of 30.57%. Therefore, the rising demand for passenger cars is fueling the growth of the tappet market.
Major companies in the tappet market are prioritizing investments in manufacturing plants to enhance production capabilities, improve supply chain efficiencies, and meet the increasing demand for advanced automotive technologies. This strategic initiative enables them to streamline operations, adopt more sustainable practices, and effectively respond to the changing requirements of the automotive industry, especially with the rise of electric vehicles (EVs). For example, in February 2024, Schaeffler AG, a Germany-based manufacturer of tappets, invested over $230 million in a greenfield manufacturing facility. This facility will focus on producing electric axles for light and medium-duty vehicles, aligning with Schaeffler's commitment to advancing electric mobility solutions. This expansion reflects Schaeffler's ambition to strengthen its presence in the Americas and support the growing EV market. Additionally, the facility's location is advantageous due to its proximity to major automotive OEMs and suppliers.
Major companies operating in the tappet market are Aisin Seiki Co. Ltd., Eaton Corporation PLC, Schaeffler AG, SKF Group, NSK Ltd., Mahle GmbH, Delphi Technologies, ElringKlinger AG, Federal-Mogul Goetze, Nittan Valve Co. Ltd., Otics Corporation, Elgin Industries, Melling Engine Parts, Wuxi Xizhou Machinery Co. Ltd., Crower Cams & Equipment Company LLC, Sac Engine Components, Rane Engine Valve Ltd., Lunati, Howards Cams, SM Motorenteile GmbH, Johnson Lifters, Kent Cams, Iskenderian Racing Cams, Shri Ram International, RSR Industries
Asia-Pacific was the largest region in the tappet market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the tappet market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the tappet market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The tappet market consists of sales of valve springs, pushrods, valve seals, valve retainers, and locks. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Tappet Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses tappet market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for tappet ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The tappet market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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