Press release
Automotive Variable Valve Timing (VVT) and Start-Stop System Market 2024 - Growth by Regional Segments, Upcoming Business Strategies, Industry Revenue And Forecast by 2033
The new report published by The Business Research Company, titled ""Automotive Variable Valve Timing (VVT) and Start-Stop System Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, 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 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%.
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Surge In Fuel-Efficient Vehicle Demand Boosts Automotive Variable Valve Timing (VVT) And Start-Stop System Market
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.
Technological Breakthroughs Propel Innovations In Automotive Vvt And Start-Stop System Market
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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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.
Contents of the report:
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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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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