VVT & Start-Stop Systems Market

VVT & Start-Stop Systems Market worth $60.0 and 26.4 billion by 2027

The report "VVT & Start-Stop Systems Market by Technology (Cam Phasing and Direct Starter), Valvetrain (DOHC and SOHC), Vehicle (PC, LCV, and HC), Fuel Type (Gasoline and Diesel), Electric Vehicle (BEV, PHEV, and HEV), and Region - Global Forecast to 2027" The VVT & start-stop system market is projected to grow at a CAGR of 5.3% and 18.9%, respectively, to reach USD 60.0 billion for VVT and 26.4 billion for start-stop system by 2027. The growing consumer awareness and the increasing demand for vehicle economy are propelling the growth of the VVT & start-stop system market. Other factors responsible for the growth of the market are government regulations for reducing emissions levels and the increasing electrification of vehicles.

Browse 68 market data Tables and 75 Figures spread through 164 Pages and in-depth TOC on "VVT & Start-Stop Systems Market by Technology (Cam Phasing and Direct Starter), Valvetrain (DOHC and SOHC), Vehicle (PC, LCV, and HC), Fuel Type (Gasoline and Diesel), Electric Vehicle (BEV, PHEV, and HEV), and Region - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/variable-valve-timing-vvt-market-1206.html

Hybrid electric vehicle to be the largest market for VVT & start-stop system by 2027

As of 2019, HEV segment holds the largest market share and is projected to grow at a significant CAGR. HEVs are the combination of traditional internal combustion vehicles and electrically driven powertrain. This feature makes it suitable for the adoption of VVT & start-stop system. The growth in HEV segment is primarily driven by government initiatives for promoting emission-free technologies. 

Cam phasing plus changing system is estimated to be the fastest growing segment, by technology, from 2019 to 2027

Cam phasing plus changing system segment of the VVT & start-stop system market is estimated to be the fastest growing segment, owing to the increase in performance-oriented fuel-efficient vehicles and the stringent emission regulations in developed regions. The market for VVT systems is estimated to grow further with the rising production levels of economy and mid-sized vehicles in developing countries like India and Brazil.

Asia Pacific to be the largest market for VVT & start-stop system by 2027

Asia Pacific is projected to be the largest market for VVT & start-stop system in 2027. This is due to the increasing vehicle production in countries such as Japan, China, and India and the stringent emission regulations in these countries. The region has the largest share of VVT systems globally due to increased manufacturing of vehicles equipped with VVT systems. India is growing at a very high pace because of increased preference for diesel-powered vehicles, which has resulted in the demand for VVT systems for diesel engines. In addition, upcoming regulations like Bharat Stage-VI (BS VI) will boost the adoption of VVT and start-stop technologies in India.

Many automotive manufacturers are focusing on Asia Pacific owing to various benefits such as easy availability of economic labor, access to advanced machines, lenient regulations for environment and safety, and increased FDIs for the automotive industry in countries like India, South Korea, and China.
The global VVT & start-stop system market is dominated by globally established players such as Continental AG (Germany), Denso (Japan), Delphi Automotive (UK), Robert Bosch (Germany), and Magna International (Canada).

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Report Code
AT 2074
PR Published ON
7/4/2017
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