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VVT and Start-Stop System Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: September 2024 || SKU: AUTR4701
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Global VVT & Start-Stop System Market is Segmented By Fuel Type (Gasoline, Diesel), By Phaser Type (Hydraulic Cam Phaser, Electric Cam Phaser), By Technology (Belt-driven Alternator Starter, Direct Starter, Enhanced Starter, Integrated Starter Generator), By End-User (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis,  2024-2031.

 

Market Overview

The global VVT & Start-Stop System market size was worth US$ XX Million in 2021 and is estimated to reach US$ XX million by 2028, growing at a CAGR of XX% during the forecast period (2024-2031).

VVT stands for Variable Valve Timing and it is the process of altering the time of the lift of the valve in an internal combustion engine (ICE). Mechanical or electro-hydraulic devices are mainly used to actuate the valves. Every major automotive manufacturer has its proprietary VVT system.

 A start-stop system automatically shuts down and starts up the internal combustion engine to reduce engine idling time, thus reducing fuel consumption and controlling emissions. The VVT system is used to increase performance, improve fuel economy and reduce emissions. Increasingly strict emission norms globally are pushing more and more automotive manufacturers to adopt VVT systems.

Source: DataM Intelligence Analysis (2022)

Market Dynamics

Man-made climate change and global warming have led to a push to decarbonize transportation. While there has been increasing adoption of electric vehicles and research into carbon-free mobility, a complete transition is still many years away. Meanwhile, governments globally have mandated stricter emission control norms, which has created a demand for emission control technologies. It is the primary driving trend for the VVT & start-stop systems market.

Strict emission control norms

Governments globally have adopted stricter emission control norms to combat fossil fuel emission, control pollution and mitigate the effects of man-made climate change. It has prompted automotive manufacturers to research and develop new emission control technologies and modify existing ones. Several automotive manufacturers are starting to incorporate VVT systems into their latest models and upgrading existing ones in their lineups.

Growth in adoption of electric vehicles

Consumers and governments globally are becoming more climate-conscious. A major push is underway to decarbonize transportation to avoid the most severe effects of global warming and man-made climate change. Recently, at the COP26 climate conference in Glasgow in November 2021, many governments have pledged net-zero carbon emission targets for the middle of the century. It is bound to accelerate the adoption of carbon-free mobility solutions such as Electric vehicles (E.V.). Since VVT systems can only be used in conventional diesel and petrol engines, the increasing adoption of E.V.s will present a key challenge to the growth of this market.

COVID-19 impact analysis

The automotive industry experienced sharp declines in production and sales in 2020 due to the COVID-19 pandemic. Governments globally imposed lockdowns to curb the pandemic's spread and many manufacturers had to suspend operations temporarily. Industrial manufacturing is a highly capital-intensive business and thus, many component manufacturers were facing bankruptcy. Vehicle production resumed in a limited Fuel Type after lifting the lockdowns.

The COVID-19 pandemics' knock-on effects on the global supply chains have caused shortages of essential components for the automotive industry. It has led to long lead times and reduced production rates, even after the complete lifting of pandemic-related restrictions. The pandemic will have a negligible impact on the short to medium-term growth of the VVT & start-stop system market since the demand for cars, especially in emerging markets, remains strong and will continue to grow significantly in the coming years.

Market Segment Analysis

The VVT & start-stop system market is segmented into fuel type, phaser type, technology, end-user and region. The global VVT & start-stop system market is segmented into gasoline and diesel based on fuel type. Diesel dominates this segment since most commercial vehicles utilize diesel engines and diesel engine emissions are significantly more polluting than gasoline engines.

Source: DataM Intelligence Analysis (2022)

Geographical Analysis

Asia-Pacific is leading in the global VVT & start-stop system market. The region accounts for the largest market share, primarily due to major emerging markets such as China, India, Indonesia, Malaysia, Thailand and Vietnam and developed automotive markets such as Japan and South Korea. Due to their large domestic automotive industries and the rising sales of mini and medium segment cars, the significant demand for VVT systems comes primarily from China and India.

Source: DataM Intelligence Analysis (2022)

Competitive Landscape

The global VVT & Start-Stop System market is highly competitive due to the availability of a wide variety of proprietary systems from different manufacturers. Some of the major players contributing to the growth in the segment are Robert Bosch GmBH, Continental AG, BorgWarner Inc., Aisin Corporation, Valeo, Denso Corporation, Hitachi Ltd., Schaeffler AG, Eaton Corporation Plc., Mitsubishi Electric Corporation. The significant players adopt several growth strategies such as new product launches, acquisitions, joint ventures and collaborations, contributing to global growth in the industry.

Robert Bosch GmBH

Overview: Robert Bosch GmBH, known as Bosch, is a major engineering conglomerate with interests in mobility solutions, energy and building technology, industrial technology and consumer goods. The company operates nearly 442 subsidiaries and divisions in 60 countries globally and its products are sold in 150 countries. It was founded in 1886 by German engineer Robert Bosch and is headquartered in Gerlingen, Germany.

Product Portfolio

  • Bosch eXchange is a common rail diesel injector that operates up to 2000 bar of injection pressure and can sustain multiple injections of up to 8 per stroke. It is designed to ensure efficient combustion across a wide range of driving scenarios.

Key Developments: In April 2021, Robert Bosch GmbH formed a joint venture with Qingling Motors to explore and develop new mobility solutions for the Chinese market.

Why Purchase the Report?

  • Visualize the composition of the VVT & start-stop system market segmentation by fuel type, phaser type, technology, end-user and region, highlighting the critical commercial assets and players.
  • Identify commercial opportunities in the VVT & start-stop system market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of VVT & start-stop system market-level 4/5 segmentation data points.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the critical product of all major market players

The global VVT & start-stop system market report would provide access to an approx.: 70 market data tables, 70  figures and 180 pages.

Target Audience

  • Automotive component manufacturers
  • Vehicle manufacturers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals

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FAQ’s

  • Robert Bosch GmBH, Continental AG, BorgWarner Inc., Aisin Corporation, Valeo, Denso Corporation, Hitachi Ltd., Schaeffler AG, Eaton Corporation Plc., Mitsubishi Electric Corporation.

  • The segmentation is based on Fuel Type, Phaser Type, Technology, End-User.
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