Variable Valve Timing Market Develops with Need for Increased Fuel Efficiency of Power Backup Equipment

Transparency Market Research’s new report on the global variable valve timing market presents a detailed analysis of the developments of the market for the forecast period from 2016 to 2023. The report, titled “Variable Valve Timing (VVT) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2023” forecasts growth trends and technological advancements based on past performance and current growth indices. The projections presented in the report are derived using validated research methodologies and assumptions.

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Variable valve timing (VVT) refers to a process used in internal combustion engines for varying the valve timings. VVT is used for improved engine performance and also for reduced emissions, apart from reduced fuel consumption. As a result, VVT helps in increasing power and torque of internal combustion engines.

Worldwide, the demand for VVT is on the rise due to the increasing demand to attain the highest degree of fuel economy for internal combustion engines. Moreover, stipulations related to reduced emissions is having a positive impact on the demand for VVT technology as it helps to lower emissions. Furthermore, the increasing sales of automobiles is also boosting the growth of the VVT market.

However, the market faces certain growth impediments as well. The emergence of competing technologies such as start-stop system is limiting the use of VVT technology. In addition, fault recognition constraints of VVT technology and high replacement cost has been hampering the market’s growth. Also, limited after-market support of VVT system is restraining the market’s growth.

Nevertheless, the market is expected to be benefitted due to some of the developmental trends that are expected to come to the fore. A number of automobile manufacturers are involved in serious research and development for complete computerization of the process, which allows valve timing to be variable infinite times and also for improved engine output. The research also involves experimentation with angles and position of cam shaft with the objective of further bettering the system.

The global variable valve timing market can be segmented by technology and geography. In terms of technology, the market can be broadly divided into: cam-changing VVT, cam changing and cam phasing VVT, cam-phasoing VTT, and others. By geography, the market can be studied with respect to the North America, Asia Pacific, Europe, and Rest of the World.

Some of the top companies that operate in the global VVT market are Aisin Seiki Co. Ltd., Denso Corporation, Hitachi Automotive Systems, Mitsubishi Electric Corporation, Schaeffler AG, Continental AG, Hilite International Inc., Johnson Controls Inc., Robert Bosch GmbH, and Valeo SA among others.

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