Automotive VVT & Start-Stop System Market 2023 Future Scenario and Major Growth by Key Players - Robert Bosch GmbH, BorgWarner

As per the report published by The Brainy Insights, the global automotive VVT & start-stop system market is expected to grow from USD 48.2 billion in 2021 to USD 103.8 billion by 2030, at a CAGR of 8.9% during the forecast period 2022-2030. Asia Pacific region emerged as the largest market for the global automotive VVT & start-stop system market, with a 36.4% share of the market revenue in 2021. The Asia Pacific currently dominates the automotive VVT & start-stop system market due to an increase in the disposable income of consumers, which has led to a rise in demand for hybrid vehicles. Asia-Pacific is expected to rise in the forecast period due to the adoption of new policies by the government, which is encouraging the production and consumption of hybrid vehicles.

𝐆𝐫𝐚𝐛 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭- https://www.thebrainyinsights.com/enquiry/sample-request/12684

Automotive VVT & Start-Stop System Market Size by Technology (Cam-Phasing & Cam-Phasing Plus Changing), Valvetrain (Dual Over Head Cam & Single Over Head Cam), Starter Type, Vehicle Type, Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2022 to 2030

Leading companies in the industry include Robert Bosch GmbH, BorgWarner, Inc., Continental AG, Hitachi, Ltd., Aisin Seiki Co., Ltd., DENSO Corporation, Johnson Controls International PLC, Valeo S.A, Mitsubishi Electric Corporation, and APTIV PLC, among others which are offering more significant opportunities and are continuously focused on new product developments and venture capital investments to obtain market share.

The technology segment is divided into cam phasing & cam phasing plus changing. The cam phasing segment dominated the market, with a market share of around 65% in 2021. The valvetrain segment is divided into dual overhead cam & single overhead cam. Over the forecast period, the dual overhead cam segment is expected to grow at the fastest CAGR of 9.5%. The starter type segment is divided into direct starter, belt-driven alternator starter, enhanced starter & integrated starter. In 2021, the direct starter segment dominated the market, accounting for around 35% of global revenue. The vehicle type segment can be divided into passenger vehicles, light commercial vehicles & heavy commercial vehicles. The passenger vehicles segment dominated the market in 2021, accounting for around 53% of the market share. The increasing demand for passenger vehicles in the developing economies owing to the rise in disposable income of the passengers has contributed to the dominance of this segment in the market.

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Increasing concern about climate change has led to a shift in government policies becoming more environment-friendly and sustainable. Hybridization of vehicles has become the need of the hour; hybridization will improve fuel efficiency. The exhaust from these vehicles increases carbon emissions resulting in temperature rise. Government policies aimed at promoting & encouraging the adoption of hybrid vehicles by providing subsidies & incentives are driving the sale of hybrid vehicles globally. Over the past few years, the hybridization of vehicles has increased, indicating the expansion of the global automotive VVT & start-stop system market.

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