VVT & Start-Stop Systems Market

Market Leader - VVT & Start-Stop Systems Market

The global automotive VVT & start-stop system market size, in terms of value, is estimated to grow at a CAGR of 5.28% and 18.86% from 2017 to 2022, respectively. The automotive market of VVT systems in North America, Asia-Pacific, and Europe regions is expected to grow at a promising growth rate, given the increasing demand for fuel-efficient vehicles and stringent emission norms. This increased demand for vehicles equipped with energy saving systems is consequently fuelling the demand for VVT and start-stop systems in these regions. Asia-Pacific is estimated to lead the market for VVT systems and North America is estimated to lead the market for start-stop systems in terms of growth rate, which is expected to grow at a CAGR of 5.60% and 22.35%, respectively, in terms of value during the forecast period. The demand is driven by the increased production of VVT systems-equipped vehicles in India, China, and South Korea. Similarly, the demand for start-stop systems in North America is on the rise because of stringent emission norms in the region and an increased demand for fuel-efficient vehicles.

The automotive VVT and start-stop system market is dominated by a few global key players, including Robert Bosch GmBH (Germany), Denso Corporation (Japan), Delphi Automotive PLC (U.K.), Continental AG (Germany), and Schaeffler AG (Germany).

Robert Bosch operates across different business segments such as mobility solutions, industrial technology, consumer goods, and energy building technologies. In 2015, the company has decided to continue its partnership with DTM (German touring car master series) for another 3 years. Continental AG is one of the leading manufacturers of VVT & start-stop systems in the world, and has invested 13.3 USD million for establishing an R&D plant in India in 2015 to boost its R&D capabilities pertaining to its powertrain division. The company is spread across North America, South America, Europe, and Asia-Pacific and focuses on development of start-stop solution for commercial vehicles and light trucks.

Another major contributor in VVT & start-stop system market is Denso Corp., which operates in three segments, namely, automotive components, automotive service parts, and industrial products. The company operates in 28 countries; its R&D capabilities, wide and innovative product portfolio, and excellent supply network have been the key to its strong position in the market. The company has been further strengthening its position in the VVT & start-stop systems market through expansion into new start-ups for pursuing new innovative solutions for the developing automotive markets, such as Brazil and Mexico. The company is one of the largest suppliers of VVT & start-stop systems to various OEMs, including General Motors (U.S.), Honda (Japan), Mazda (Japan), Mitsubishi (Japan), Nissan (Japan), and Infiniti (Japan).

Related Reports:

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 2022

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Report Code
AT 2074
Published ON
Jul, 2017
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