Variable valve timing (VVT) Market Analysis 2018 To 2023: Global Industry Size, Share, Trends, Growth, Key Players, and Regional Forecast

Variable valve timing (VVT) Market Research Report 2018 of 111 pages expands comprehensive information on Variable valve timing (VVT) Market By Technology type (Cam-Phasing System, Variable Valve Actuation Systems and Others), By fuel type (Gasoline Variable Valve Timing System and Diesel Variable Valve Timing System) By engine size (compact size, full-size and mid-size), by application (Passenger Cars, Commercial Vehicles and Others) and By Region with Forecast To 2023.

Report studies Variable valve timing (VVT) Market key players, providing a six-year annual trend analysis that highlights market size, volume, sales, growth, and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW).

Variable valve timing (VVT) Market Overview:

The global variable valve timing (VVT) market is very dynamic, and is expected to witness significant growth over the forecast period. Variable Valve Timing System facilitates change of lift, or timing of the intake or exhaust valves, while the engine is in operation. The use of variable valve timing systems have a significant impact on engine performance and emissions. Variable valve timing is one of the most important parts of a vehicle, which is gradually gaining a lot of attention from vehicle manufacturers as it improves fuel efficiency. The market is largely influenced by the increased sales in automotive industry and is, thus, majorly driven by the increase in the production of automobiles. The market is also driven by other factors such as VVT systems lowering emissions, technological advancements, and emerging economies.

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Delphi Automotive System Inc (U.S.), Denso Corporation (Japan), Aisin Seiki Co. Ltd (Japan), Eaton Corporation Plc (Republic of Ireland), Hitachi (Japan), Perodua (Malaysia), Metaldyne Performance Group Inc. (U.S.), HUSCO International (U.S.), Continental AG (Germany), Hilite International, Inc. (U.S.), Johnson Controls, Inc. (Ireland), Mitsubishi Electric Corporation (Japan), Robert Bosch GmbH (Germany) are some of the prominent players profiled in Analysis and are at the forefront of competition in the Global Variable valve timing (VVT) Market.

Variable valve timing (VVT) Market Segmentation: The global variable valve timing (VVT) market has been segmented based on technology type, fuel type, engine size, application and region. On the basis of technology, the market has been segmented as cam-phasing system, variable valve actuation systems and others. Among these, cam phasing systems has been expected to dominate the global market, by technology type, in 2016 in terms of market revenue. This growth is due to the simplicity of the cam phasing systems and their ability to vary the timing of their opening and closing. Based on fuel type, the market has been segmented as Gasoline Variable Valve Timing System and Diesel Variable Valve Timing Systems. The Gasoline Variable Valve Timing System segment is expected to grow significantly, over the forecast period owing to the increase in demand for gasoline engines with the increase in production of passenger cars, and increase in demand for luxury and semi-luxury vehicles in emerging markets such as India, China, and Brazil.

Variable valve timing (VVT) Market Regional Analysis:

Geographically, the global variable valve timing (VVT) market has been divided into four major regions as North America, Europe, Asia Pacific and Rest of the World. North America region is expected to dominate the global variable valve timing market over the forecast period. However, the Asia Pacific region is expected to grow with the highest CAGR owing to the boom in the automobile industry in the region. In the region, the variable valve timing technology has very high adoption rate due to the increased emission norms majorly in countries such as China and Japan.

The global variable valve timing (VVT) market has witnessed remarkable growth and, its demand in future is expected to grow with the CAGR of 7%. The market is expected to see huge potential during the forecast period due to an increase in investment by the original equipment manufacturers in manufacturing bigger cars with advanced emission control equipment. Furthermore, the increasing inclination towards the diesel operated passenger cars, is driving the growth of the market. The other factors driving the growth of the market are increase in the number of vehicle manufacturers, and the introduction of various regulations for controlling vehicular emissions.

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