The automotive variable valve timing (vvt) and start-stop system global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Automotive Variable Valve Timing (VVT) and Start-Stop System Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
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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Scope Of Automotive Variable Valve Timing (VVT) and Start-Stop System Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Automotive Variable Valve Timing (VVT) and Start-Stop System Market Overview
Market Drivers –
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.
Market Trends –
Technological innovations and advancements have emerged as key trends in the automotive variable valve timing (VVT) and start-stop system market. Major companies operating in the automotive variable valve timing (VVT) and start-stop system markets are developing new technologies to strengthen their position in the market. For instance, in December 2021, Eaton Corporation plc, an Ireland-based multinational power management company, introduced a complete portfolio of variable valve actuation (VVA) technologies in order to assist Chinese commercial vehicle manufacturers in meeting emissions regulations. Eaton’s VVA solutions consist of two building blocks including a rocker with a switchable capsule and a split rocker for full deactivation. VVA strategies can be implemented using these two building blocks in virtually any engine architecture, including single overhead cams, dual overhead cams, and cam-in-block engines with engine displacements ranging from 2.0 liters to 15.0 liters.
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
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Regional Insights –
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.
Key Companies –
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.
Table of Contents
1. Executive Summary
2. Automotive Variable Valve Timing (VVT) and Start-Stop System Market Report Structure
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
5. Automotive Variable Valve Timing (VVT) and Start-Stop System Market Size And Growth
…..
27. Automotive Variable Valve Timing (VVT) and Start-Stop System Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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