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VVT and Start-Stop Systems Market is Expected to Reach $ 52,064.7 Million by 2025

02-11-2019 10:25 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

VVT and Start-Stop Systems Market

VVT and Start-Stop Systems Market

VVT and Start-Stop System Market was valued at $ 25,330.6 million in 2017, and is projected to reach $ 52,064.7 million by 2025, registering a CAGR of 9.2% from 2018 to 2025.

The start-stop system installed in the vehicle cuts the fuel to the engine and stops the spark plug when the vehicle comes to halt. When the clutch or brake is engaged, the ECU allows the supply of plug and spark plug ignites the fuel. Start-stop system improves the fuel-efficiency of vehicle and reduces emission of harmful gases in the environment. The VVT and start-stop systems is expected to experience exponential growth in the market. This market is in its nascent stage and is contributing to a good fraction of revenue for the overall automotive industry. This user-friendly technology has increasingly become popular amidst end-users. In addition to the advantages, increase in demand for hybrid vehicle fuels rapid growth during the forecast period.

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Increase in demand for fuel-efficient vehicle, stringent government rules for emission, and rise in demand for hybrid vehicle are the key factors that boost the growth of the global VVT and start-stop systems market. However, high cost of start-stop system and wear of engine due to increase in start-stop cycle hinder the market growth.

Among the analyzed geographical regions, currently, Europe is the highest revenue contributor. However, by the end of the forecast period, Asia-Pacific is expected to garner highest revenue in the global market, followed by Europe, North America, and LAMEA. This is attributed to rise in demand for fuel efficient vehicle in Europe.

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Key Findings of the VVT and Start-Stop Systems Market:
• Based on camshaft type, the DOHC segment generated the highest revenue in 2017.
• Based on starter type, the integrated starter generator segment was the highest revenue contributor in 2017.
• By fuel type, the gasoline segment generated the highest revenue in 2017.
• Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
• In 2017, Europe contributed the highest market revenue, followed by Asia-Pacific, North America and LAMEA.

Key operating players in the VVT & start-stop system market are Continental AG, Mitsubishi Electric Corporation, Robert Bosch Gmbh, Delphi Automotive PLC, Denso Corporation, Borgwarner Inc., Valeo S.A., Johnson Controls, Inc, Hitachi Ltd., and Aisin Seiki Co. Ltd.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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