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Stage

Loan | Alive

Total Raised

$7.5M

Last Raised

$7.5M | 4 yrs ago

About GT Technologies

GT Technologies is a global supplier of performance-critical valvetrain components within the automotive and industrial sectors. The company specializes in the design, development, and manufacturing of valvetrain systems and various precision machined and stamped components. GT Technologies provides solutions that cater to a diverse range of applications, including automotive OEMs, heavy-duty diesel engines, and high-performance automotive needs. It is based in Westland, Michigan.

Headquarters Location

5859 Executive Dr.

Westland, Michigan, 48185,

United States

734-467-8371

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GT Technologies Patents

GT Technologies has filed 18 patents.

The 3 most popular patent topics include:

  • engine components
  • engine technology
  • engine fuel system technology
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/9/2021

5/10/2022

Engine technology, Engine components, Engine valves, Motorcycle engines, Piston engine configurations

Grant

Application Date

7/9/2021

Grant Date

5/10/2022

Title

Related Topics

Engine technology, Engine components, Engine valves, Motorcycle engines, Piston engine configurations

Status

Grant

Latest GT Technologies News

Global Tappet Market 2023-2028: Roller Tappets Take the Lead: NSK Ltd., GT Technologies, and OTICS Corp. Revolutionize Engine Efficiency

Aug 31, 2023

Market Overview Tappets, also known as cam followers, play a crucial role in internal combustion engines by converting camshaft rotational motion into vertical movement to control the opening and closing of engine valves. This precise valve timing impacts engine performance, efficiency, and power generation. Market Dynamics Increased consumer interest in high-performance automobiles is driving the demand for enhanced engine components like tappets. High-performance vehicles require resilient engine parts like tappets to withstand higher loads while optimizing power production. To cater to this demand, manufacturers are developing innovative tappet solutions, contributing to market growth. The industrial sector's growth is also contributing to tappet demand, as sturdy and reliable machinery is required. Tappets find applications in various industrial equipment, including construction machinery, generators, and agricultural gear, where precise valve movement ensures efficient engine operation. Market Segmentations The market is segmented based on Product Type (Flat Tappet, Roller Tappet), Vehicle Type (Heavy Commercial Vehicle, Light Duty Vehicle), Engine Capacity (< 4 Cylinder, 4-6 Cylinder, > 6 Cylinder), and End User (Economic Passenger Cars, Luxury Passenger Cars, Mid-Priced Passenger Cars). Roller tappets dominate the market due to their superior performance and durability, reducing friction and wear, enhancing engine efficiency and lifespan. In terms of vehicle type, Light Duty Vehicles (LDVs) hold a significant market share, given their higher sales volume. Among engine capacity categories, 4-6 cylinder engines are preferred for their balance between performance and fuel efficiency. Mid-priced passenger cars lead the end-user segment due to their broad appeal. Recent Developments Recent developments include Melling's acquisition of Sigma Engineering and Eaton's acquisition of Royal Power Solutions, indicating industry players' efforts to strengthen their position and expand capabilities. Conclusion The global Tappet market is primed for growth, driven by factors like the demand for high-performance vehicles, increasing industrial applications, and the pursuit of improved vehicle efficiency. While challenges exist, such as fluctuations in the automotive sector and the rise of alternative fuel engines, opportunities arise from technological advancements and the quest for optimal engine performance. Companies Mentioned Eaton Corp. Lunati cams Inc.

GT Technologies Frequently Asked Questions (FAQ)

  • Where is GT Technologies's headquarters?

    GT Technologies's headquarters is located at 5859 Executive Dr., Westland.

  • What is GT Technologies's latest funding round?

    GT Technologies's latest funding round is Loan.

  • How much did GT Technologies raise?

    GT Technologies raised a total of $7.5M.

  • Who are the investors of GT Technologies?

    Investors of GT Technologies include Paycheck Protection Program, Patriot Capital, Industrial Opportunity Partners and American Securities Capital Partners.

  • Who are GT Technologies's competitors?

    Competitors of GT Technologies include RWT and 4 more.

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