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4th December, 2018- A specific kind of roller or needle bearing that is specially prepared to abide by the cam lobe profiles is called a Cam Follower. It is known that the cam followers are available in wide variety of configurations. The most defining property is the process that the cam follower employs while mounting to its mating part. On the other hand, the stud style cam followers utilize a stud whereas the yoke style consists of a hole through the middle.  It is also popularly known as a track follower. Cam followers are usually prepared from a wide range of materials entailing carbon steel, stainless steel, and urethane. The market will experience a significant upsurge in the next couple of years as most of the leading manufacturers engaged in the production of such components are giving more emphasis towards advancing modern technology and products with the assistance of improvements in material or manufacturing process.

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The factors that are acting as major obstacles in the growth of the market include recurring economic fluctuations and uncertainty. In addition, soaring cost of technology is also hampering the adoption of high cost products among end-users. It has been observed that currently the market is undergoing a major trend of investment in product development and it is estimated that the trend will go on continuing in the market in the near future. On the basis of product type, Automotive Cam Followers Market can be segmented into Flat cam follower, Roller cam follower, and Needle cam follower.

 

On the basis of material type, Automotive Cam Followers Market can be segmented into Carbon Steel, Stainless Steel, Chromium Plated, and Others. On the basis of vehicle type, Automotive Cam Followers Market can be segmented into Two-wheelers, Passenger Cars, and Commercial Vehicles. On the basis of sales channel, Automotive Cam Followers Market can be segmented into OEM, and Aftermarket. On the basis of geography, Automotive Cam Followers Market can be segmented into North America, Asia Pacific, Europe, and Rest of the World. As far as the geography is concerned, Asia Pacific is currently the dominating region and it is simultaneously accounting for the largest share in the market. It has been projected that the demand from the particular region will remain the highest until the next couple of years, the reason being high scale of vehicle production. The major contributors in Asia Pacific include countries like China, India, Japan and South Korea.

 

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