LONDON–(BUSINESS WIRE)–The global automotive positive crankcase ventilation valve market 2019-2023 is expected to post a CAGR of close to 4% during the forecast period, according to the latest market research report by Technavio.
Increasing economic activities in emerging countries have led to the growth of per capita income in these countries. This has also resulted in the growth of the major cities and rising urbanization. As most governments in emerging economies are unable to meet public transport needs, most of the urban commuters end up purchasing new vehicles for convenience. This has resulted in the robust growth of the automotive industry in emerging countries, which in turn will increase the demand for automotive PCV valves, as they play a vital role in ensuring the efficient working of automotive engines.
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As per Technavio, the development of camless