This report comprises comprehensive information on VVT Market Forecast data up to 2023, with historic and current market information. Variable Valve Timing Industry analysis done by Technology type (Cam-Phasing System, Variable Valve Actuation Systems and Others), fuel type (Gasoline Variable Valve Timing System and Diesel Variable Valve Timing System) engine size (compact size, full-size and mid-size), application (Passenger Cars, Commercial Vehicles and Others) and Region.
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Variable Valve Timing Market Key Companies Studied in this report are:
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) and others.
Global Variable Valve Timing Market Highlights:
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 has 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.
Questions Answered in Report:
Which region going to dominate Variable Valve Timing (VVT) Market In Coming Years?
What will be the market size, share forecast?
What are the drivers and challenges of the market?
What are the upcoming trends in the Variable Valve Timing (VVT) market?
Which are the key vendors operating in the market?
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. 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.
Market Segments Analysis:
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.
Based on engine size, the market has been segmented as compact size, full-size and mid-size. The mid-size segment is expected to contribute the most in the growth of the variable valve market owing to factors such as increase in disposable income of the people in the developing nations. This, will increase the demand for automobiles. The increasing demand for automobiles is driving the growth for the variable valve timing systems.
Based on applications, the market has been segmented as passenger cars, commercial vehicles and others. The passenger vehicles segment is expected to grow with highest CAGR over the forecast period. The original equipment manufacturers are equipping the passenger cars with variable valve timing for improving fuel efficiency and increasing the output of the engine power. The increasing competition in automotive industry is leading the original equipment manufacturers in the region to upgrade to new models of passenger cars with performance boosting equipment.
Based On Region 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.
Research Methodology:
Market Research Future (MRFR) employs innovative statistical algorithms for gathering impactful market insights that can drive business decisions. An in-depth analysis of constantly evolving market trends combined with a study of historical data is leveraged for providing accurate competitive intelligence. The statistical observations made in our reports are backed by data procured through extensive primary and secondary research which include interviews with stakeholders, SEC filings, whitepaper references, annual reports of key players, etc. Top-down and bottom-up approaches are employed for authenticating the credibility of the market foresight delivered. A multi-layer verification process reaffirms the market size and revenue estimation. MRFR strives to provide reliable and transparent information that helps clients in developing growth strategies.
The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Stud
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4.1 Introduction
4.2 Forward Collision Warning
4.3 Dynamic Brake Support
4.4 Crash Imminent Braking
Continued…
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