Commercial Vehicle Camshaft Market – Global Industry Size, Share, Trends Opportunity, and Forecast, Segmented By Vehicle Type (LCV, M&HCV), By Manufacturing Technology (Cast Camshaft, Forged Camshaft, Assembled Camshaft), By Fuel Type (Gasoline, Diesel), By Region and By Competition, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 4.54 Billion
CAGR (2026-2031)	7.69%
Fastest Growing Segment	LCV
Largest Market	Asia Pacific
Market Size (2031)	USD 7.08 Billion

Market Overview

The Global Commercial Vehicle Camshaft Market will grow from USD 4.54 Billion in 2025 to USD 7.08 Billion by 2031 at a 7.69% CAGR. A commercial vehicle camshaft is a mechanical component within an internal combustion engine responsible for controlling the precise timing and lift of intake and exhaust valves to ensure optimal engine performance. The market is primarily supported by the escalating demand for freight transportation and logistics services which necessitates reliable heavy commercial fleets. Furthermore rigid international emission regulations compel original equipment manufacturers to adopt efficient camshaft technologies that enhance combustion stability and fuel economy. These fundamental drivers provide sustained momentum for high quality engine components distinct from transient industry shifts.

However the market faces a substantial challenge from the accelerating global transition toward electric mobility which eliminates the need for traditional powertrain parts. As the adoption of electric trucks increases the long term reliance on internal combustion engines diminishes. This structural volatility is reflected in recent industrial output figures. According to the European Automobile Manufacturers Association, in 2024, global truck production declined by 8.3 percent. This contraction underscores the significant headwinds legacy automotive manufacturing faces amidst the rise of alternative propulsion technologies.

Key Market Drivers

Rising infrastructure development and construction activities are boosting heavy-duty vehicle demand, specifically within the public transportation sector, creating a resilient channel for component suppliers. As municipal governments prioritize the modernization of transit networks to support urban expansion, the procurement of buses drives the requirement for durable engine assemblies capable of high-cycle operations. This sustained investment in public mobility counters broader market downturns, ensuring a baseline demand for camshafts designed for heavy commercial applications. According to the European Automobile Manufacturers Association, October 2025, in the 'New commercial vehicle registrations: vans, trucks and buses' report, new EU bus registrations rebounded by 3.6 percent in the first three quarters of 2025, highlighting the segment's growth amidst a challenging economic environment.

Concurrently, the implementation of stringent emission norms and fuel efficiency mandates is accelerating the adoption of advanced camshaft technologies. Rather than completely displacing internal combustion engines, these regulations are prompting a shift toward hybrid commercial vehicles, which utilize sophisticated valve timing to optimize fuel combustion and reduce output. This transition sustains the relevance of precision-engineered camshafts within electrified powertrains. According to the European Automobile Manufacturers Association, July 2025, in the 'New commercial vehicle registrations: vans, trucks and buses in H1 2025' report, hybrid van registrations grew by 7.1 percent in the first half of 2025. Furthermore, the global reliance on traditional combustion technology remains vast; according to the China Association of Automobile Manufacturers, in January 2025, exports of traditional fuel vehicles from China rose by 23.5 percent to 4.57 million units in 2024, confirming the continued industrial scale of internal combustion engine production.

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Key Market Challenges

The accelerating global transition toward electric mobility presents a fundamental challenge to the commercial vehicle camshaft market by actively eroding the necessity for internal combustion engine components. Unlike traditional diesel or gasoline engines, electric trucks rely on battery-powered motors that do not require valve trains or camshafts for operation. As original equipment manufacturers redirect capital expenditure toward electric powertrain development, the total addressable market for mechanical engine parts inevitably shrinks. This technological displacement creates a restrictive environment for legacy component suppliers who face declining order volumes despite the broader logistics sector's growth.

This contraction in traditional automotive manufacturing is already impacting major industrial outputs, signalling reduced demand for powertrain ancillaries. According to the China Association of Automobile Manufacturers, in 2024, the annual production of commercial vehicles declined by 5.8 percent, falling to 3.805 million units. This downturn in the world's largest manufacturing market illustrates how the shift away from conventional propulsion technologies is directly hampering the procurement of camshafts, forcing the industry to contend with structurally lower production requirements.

Key Market Trends

The widespread adoption of hollow shaft technology is reshaping manufacturing strategies as OEMs prioritize weight reduction. Unlike solid cast iron components, these assembled camshafts utilize a modular design that lowers rotational mass without compromising integrity. This transition permits high-strength steel usage while reducing material density. The commercial momentum of this approach is evidenced by recent procurement data. According to Thyssenkrupp Automotive Technology, July 2024, in the 'Thyssenkrupp Dynamic Components wins multi-million euro order for truck camshafts at Chemnitz site' press release, the company secured a contract to supply 200,000 efficient drive train components per year, confirming the scale-up of advanced shaft architectures.

Concurrently, the integration of Variable Valve Timing (VVT) in heavy-duty diesel engines is accelerating to meet thermal management standards. By dynamically adjusting valve lift, these systems enable cylinder deactivation, which maintains optimal exhaust temperatures for aftertreatment during low-load operations. This technology minimizes pumping losses and enhances thermodynamic efficiency. The operational benefits are quantifiable in real-world logistics. According to DieselNet, July 2024, in the 'Jacobs CDA technology returns 2.76% fuel saving in highway tests' article, standardized testing of a heavy-duty truck equipped with cylinder deactivation technology demonstrated a 2.76 percent reduction in fuel consumption, illustrating the cost advantages driving this integration.

Segmental Insights

The Light Commercial Vehicle (LCV) segment represents the fastest-growing category in the Global Commercial Vehicle Camshaft Market. This expansion is primarily driven by the rapid development of the e-commerce sector and the subsequent rise in logistics activities, necessitating a larger fleet of delivery vans and pickup trucks for last-mile transportation. Furthermore, stringent emission regulations compel manufacturers to integrate advanced camshaft technologies that optimize fuel efficiency and torque, particularly for vehicles operating in stop-and-go urban environments. These factors collectively ensure that the LCV segment outpaces others in market demand and technological adoption.

Regional Insights

Asia Pacific maintains a dominant standing in the Global Commercial Vehicle Camshaft Market, supported by its status as a primary manufacturing hub for the automotive industry. The region benefits from high production volumes of heavy-duty trucks and transport vehicles in major economies like China and India, driven by rapid urbanization and infrastructure expansion. Additionally, rigorous emission standards implemented by authorities such as India’s Ministry of Road Transport and Highways require the integration of precision-engineered engine components to enhance efficiency. This combination of industrial scale and regulatory compliance underscores the region's market leadership.

Recent Developments

• In September 2024, Schaeffler AG unveiled its "iFlexAir" variable valve train system for commercial vehicles at the IAA Transportation trade fair in Hanover. The new system was designed to enhance the efficiency of internal combustion engines, capable of reducing carbon dioxide emissions in diesel engines by up to 5%. Additionally, the technology was optimized for hydrogen combustion engines, where it can improve efficiency by 6% while lowering raw nitrogen oxide emissions. This product launch underscores the supplier’s "technology-open" strategy, supporting both traditional and alternative fuel powertrains in the heavy-duty transport sector.
• In July 2024, ThyssenKrupp Dynamic Components announced that it had secured a ten-year contract to supply truck camshafts to a prominent commercial vehicle manufacturer. The agreement involves the production of approximately 200,000 ready-to-install powertrain components annually at the company’s Chemnitz facility in Germany, with manufacturing scheduled to commence in the summer of 2025. This multi-million euro order reinforces the site’s long-term viability and includes planned investments in new grinding and turning production lines to increase capacity. The deal highlights the continued demand for high-efficiency internal combustion engine components alongside the industry's shift toward electrification.
• In July 2024, Cummins Valvetrain Technologies reported successful on-road testing results for its cylinder deactivation (CDA) technology on heavy-duty trucks. The evaluations, conducted using industry-standard protocols, demonstrated a fuel savings of 2.76% on highway routes and 2% on distribution routes compared to baseline vehicles. This valve actuation technology, developed by the company’s subsidiary Jacobs Vehicle Systems, optimizes engine performance by disabling engine valves in selected cylinders during low-load conditions. The breakthrough validates the technology's potential to reduce carbon dioxide and nitrogen oxide emissions in commercial vehicle diesel engines while improving fuel economy.
• In April 2024, the Liebherr Group showcased its new H964 hydrogen combustion engine at the Intermat trade fair in Paris, demonstrating the viability of internal combustion technology for off-highway commercial applications. The 4-cylinder engine features direct hydrogen injection, a technology that offers higher combustion efficiency and power density compared to port fuel injection. This development is significant for the camshaft market as it confirms the ongoing relevance of valvetrain components in zero-emission hydrogen engines for heavy-duty machinery. The engine was presented as a robust solution for construction equipment, matching the performance and serviceability of conventional diesel engines.

Key Market Players

• Melling Engine Parts
• LACO camshafts
• JBM Industries
• MAHLE GmbH
• Newman Cams
• Meritor
• Piper RS Ltd
• Kautex Textron
• ThyssenKrupp
• Estas Camshaft

By Vehicle Type	By Manufacturing Technology	By Fuel Type	By Region
LCV M&HCV	Cast Camshaft Forged Camshaft Assembled Camshaft	Gasoline Diesel	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Commercial Vehicle Camshaft Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Commercial Vehicle Camshaft Market, By Vehicle Type:

• LCV
• M&HCV

• Commercial Vehicle Camshaft Market, By Manufacturing Technology:

• Cast Camshaft
• Forged Camshaft
• Assembled Camshaft

• Commercial Vehicle Camshaft Market, By Fuel Type:

• Gasoline
• Diesel

• Commercial Vehicle Camshaft Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE