Variable Valve Timing (VVT) Market 2019 Global Outlook, Research, Trends and Forecast to 2028 | Continental AG, Denso Corporation, Delphi Automotive

VVT market is estimated to reach USD XX billion by 2028

This detailed market study focuses on the data obtained from various primary and secondary sources and is analyzed using different tools. It helps in gaining insights about the potential of the market for growth which can facilitate the investors in identifying scope and opportunities. The analysis also provides details of each segment in the global VVT market.

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According to the report due to the increase in the VVT market, growth rate is expected to gain high momentum during the forecast period due to strict emission rules. The key factors driving the VVT market are the demand for fuel efficiency and performance improvements, stringent emission standards and rising vehicle hybridization.
With an emphasis on both organic and inorganic growth strategies there have been several primary developments done by major companies like Continental AG, Denso Corporation, Delphi Automotive, Magna International Inc., Hilite International Inc. and others.

What is VVT?
Variable valve timing (VVT) is the method of modifying valve lift timing in an internal combustion engine and is generally used to boost a vehicle's performance, fuel economy and emissions. When the vehicle is at its high speed, it carries out maximum overlapping to provide maximum power output with lower emissions, while maintaining overlapping at slow speeds as required ensuring good efficiency figures.

On the basis of technology, there are two types cam phasing systems and a variable valve actuating system, among which the cam phasing system dominates the market because of its simple mechanism and better ability to overlap the opening and closing times. Because the VVT engines generate less emission, provide better fuel economy & power, the VVT engines ' global market demand has increased. Strict emission regulations have also had a positive influence on the VVT market.

There are two types of fuel it operates in; VVT petrol and diesel pump. Among them, the gasoline VVT system market is expected to develop at an increasing rate due to growing demand from passenger vehicles powered by the gasoline engine as well as luxury and semi-luxury vehicles. Asia Pacific area is expected to experience the highest demand due to the automobile industry boom.
During the forecast period, passenger car is expected to be the largest market for VVT, by vehicle type. For passenger cars the adoption of the VVT & start-stop systems is projected to be faster than LCVs and HCVs. The rising purchasing power in developing regions is another factor contributing to the growth of the passenger car segment.

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This report provides:

1) an overview of Global VVT Market globally and related technologies.
2) Analysis of global market trends, estimates of each year and annual compound growth rate projections (CAGRs).
3) Identification of new market opportunities and targeted promotion plans for Global VVT market devices
4) Discussion of R&D and demand for new products and new applications
5) Comprehensive company profiles of key industry players.

The researchers have studied the market in depth and have come up with major segments like product type, application, and region. Based on their market share, growth prospects, and CAGR, each and every segment and its sub-segments are studied. Each market segment offers in-depth information on market outlook, both qualitative and quantitative.

Regional segmentation and analysis to understand growth patterns:

The market has been segmented in major regions to understand the global development and demand patterns of this market. During the forecast period, the Asia Pacific region is expected to be the largest VVT market.

With many multinational manufacturers based in that country, North America and Western Europe were major markets for the automotive sector. In these regions, the automotive sector has been competitive across terms of technological advances and product shifts. Some of the main influencing factors have been the need for lightweight materials, lower emissions and renewable fuels in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of the VVT market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for the VVT market in the region.

With the development of the region's automotive sector the Middle East promises a strong market opportunity. Countries including the UAE, Saudi Arabia, Qatar, and Iran have, over the past few decades, diversified the industrial sector to boost the economy. During the forecast period, other regions like Eastern Europe, South America, and Africa are projected at emerging markets with increasing demand.

Market Segmentation:

By Technology:
o Cam Phasing System
o Variable Valve Actuation System

By Fuel Type:
o Gasoline Variable Valve Timing System
o Diesel Variable Valve Timing System

By Vehicle Type:
o Passenger Cars (PC)
o Light Commercial Vehicles (LCV)
o Heavy Commercial Vehicles (HCV)

By Region:

o North America
o By Country (US, Canada, Mexico)
o By Technology
o By Fuel Type
o By Vehicle Type

o Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Technology
o By Fuel Type
o By Vehicle Type

o Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Technology
o By Fuel Type
o By Vehicle Type

o Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Technology
o By Fuel Type
o By Vehicle Type

o Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Technology
o By Fuel Type
o By Vehicle Type

o Rest of the World
o By Region (South America, Africa)
o By Technology
o By Fuel Type
o By Vehicle Type

Reasons to buy this report:

o Market size estimation of VVT market on a regional and global basis
o The unique research design for market size estimation and forecasts
o Profiling of the major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet the specific requirements:

o By segment
o By sub-segment
o By region/ country

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This release was published on openPR.