Variable Valve Timing (VVT) and Start-Stop System Market 2023 Driving Factors Forecast Research 2029

Variable valve timing (VVT) and start-stop system market are anticipated to grow at a CAGR of 18.5% during the forecast period. The growth of the market is attributed to factors such as technological advancements and increasing demand for fuel-efficient vehicles. Further Governments around the globe are imposing strict regulations on fuel economy and emissions, which are driving the adoption of VVT and start-stop system in vehicles. For instance, in April 2022, The US Department of Transportation's National Highway Traffic Safety Administration revealed new fuel economy standards. The new rules mandate an industry-wide fleet average of approximately 49 mpg for passenger cars and light trucks in the model year 2026. The new standards are anticipated to increase fuel efficiency by 8-10 % for model year 2024-26.

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The global variable valve timing (VVT) and start-stop system market are segmented based on their type and application. Based on type, the market is segmented into VVT and a start-stop system. Based on application, the market is categorized into passenger cars, light commercial vehicles, and heavy commercial vehicles. Among these segments, the passenger cars segment is anticipated to hold a prominent market share owing to increased demand across the region.

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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Variable Valve Timing (VVT) and Start-Stop System Market by Type
o VVT
o Start-Stop System

Global Variable Valve Timing (VVT) and Start-Stop System Market by Application
o Passenger Cars
o Light Commercial Vehicles (LCVs)
o Heavy Commercial Vehicles (HCVs)

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o Valeo S.A
o Hitachi, Ltd.
o Schaeffler AG
o Eaton Corp.
o Mitsubishi Electric Corp.
o Hilite International GmbH
o Toyota Motor Corp.
o Exedy Corp.
o Honda Motor Co., Ltd.
o Hyundai Motor Co.
o Mikuni Corp.
o ZF Friedrichshafen AG
o PMG Holding GmbH
o Stellantis N.V.
o Magna International Inc.
o Cloyes Gear and Products Inc.
o General Motors Co.

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global variable valve timing (VVT) and start-stop system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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