Overview and Scope
Variable valve timing (VVT) and start-stop systems refer to a process of altering the timing of a valve lift event. With variable valve timing, the valves are open for shorter periods during idling or light acceleration, so less air-fuel mixture goes into the engine and helps reduce emissions. The automotive variable valve timing (VVT) and start-stop systems are used to improve performance, fuel economy, or emissions and are widely used in combination with variable valve lift systems.
Sizing and Forecast
The automotive variable valve timing (vvt) and start-stop system market size has grown rapidly in recent years. It will grow from $49.25 billion in 2023 to $58.82 billion in 2024 at a compound annual growth rate (CAGR) of 19.4%. The growth in the historic period can be attributed to rise in demand for fuel-efficient and eco-friendly vehicles, increase in automotive production and sales, enhanced safety and security requirements, rise in international trade.
The automotive variable valve timing (vvt) and start-stop system market size is expected to see rapid growth in the next few years. It will grow to $109.33 billion in 2028 at a compound annual growth rate (CAGR) of 16.8%. The growth in the forecast period can be attributed to electrification of vehicles, rising autonomous vehicles, economic market growth, rising urbanization, rising disposable income. Major trends in the forecast period include electrification synergy, dual vvt systems, cylinder deactivation, intelligent start-stop, use of lightweight and high-performance material.
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The automotive variable valve timing (vvt) and start-stop system market covered in this report is segmented –
1) By Fuel Type: Diesel VVT System, Gasoline VVT System
2) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle
3) By Technology: Cam-Phasing, Cam-Phasing Plus Changing
4) By Valvetrain: SOHC, DOHC
Asia-Pacific was the largest region in the automotive variable valve timing (VVT) and start-stop systems market in 2023. The regions covered in the automotive variable valve timing (vvt) and start-stop system market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
Rising demand for fuel-efficient vehicles is expected to propel the growth of the automotive variable valve timing (VVT) and start-stop system markets going forward. Fuel-efficient vehicles are vehicles or engines that give better mileage per gallon of fuel than other less efficient models. A technology called valve-timing, which regulates the timing of a valve lift event, is frequently applied to increase performance, fuel efficiency, or pollution. For instance, in February 2021, According to KAPSARC, a Saudi Arabia-based advisory in the Saudi energy sector, consumer adoption of electric vehicles (EVs)—including hybrids, plug-in hybrids, and pure battery electric vehicles—is a critical step toward improving energy use and lowering emissions in the transportation industry. Electric car sales reached a record of 3 million in 2020, up 40% from the previous year. Further, according to the Net Zero Emissions, United Nations, by 2050 Scenario, 300 million electric vehicles will be on the road by 2030, making up more than 60% of all new automobile sales, up from just 4.6 percent in 2020. Therefore, rising demand for fuel-efficient vehicles is driving the growth of the automotive variable valve timing (VVT) and start-stop system market.
Key Industry Players
Major companies operating in the automotive variable valve timing (vvt) and start-stop system market include Bosch Sanayi Ve Ticaret A.S, Continental AG, BorgWarner Inc., Aisin Corporation, Valeo India Pvt. Ltd., DENSO CORPORATION, Hitachi Ltd., Robert Bosch GmbH, Schaeffler Group, Mitsubishi Electric Corporation, Tenneco Inc., EXEDY Corporation, Fiat Società per Azioni, Toyota Motor Corporation, Sensata Technologies, Eaton Corporation Plc, Delphi Technologies, Infineon Technologies AG, Panasonic Corporation, ZF Friedrichshafen AG, Siemens AG, Honeywell International Inc., Rockwell Collins Inc., General Electric Company, Wabtec Corporation, Alstom SA, Autoliv Inc., Magna International Inc., Hella KGaA Hueck & Co., Hyundai Mobis, NXP Semiconductor Inc.
The automotive variable valve timing (vvt) and start-stop system market report table of contents includes:
1. Executive Summary
2. Automotive Variable Valve Timing (VVT) and Start-Stop System Market Characteristics
3. Automotive Variable Valve Timing (VVT) and Start-Stop System Market Trends And Strategies
4. Automotive Variable Valve Timing (VVT) and Start-Stop System Market – Macro Economic Scenario
….
31. Global Automotive Variable Valve Timing (VVT) and Start-Stop System Market Competitive Benchmarking
32. Global Automotive Variable Valve Timing (VVT) and Start-Stop System Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Automotive Variable Valve Timing (VVT) and Start-Stop System Market
34. Automotive Variable Valve Timing (VVT) and Start-Stop System Market Future Outlook and Potential Analysis
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