Variable Valve Timing (VVT) and Start-Stop System Market
Variable Valve Timing (VVT) and Start-Stop System Market Size, Share & Trends Analysis Report by Type (VVT and Start-Stop System) and by Application (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles) Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Variable valve timing (VVT) and start-stop system market are anticipated to grow at a CAGR of 18.5% during the forecast period. The growth of the market is attributed to factors such as technological advancements and increasing demand for fuel-efficient vehicles. Further Governments around the globe are imposing strict regulations on fuel economy and emissions, which are driving the adoption of VVT and start-stop system in vehicles. For instance, in April 2022, The US Department of Transportation’s National Highway Traffic Safety Administration revealed new fuel economy standards. The new rules mandate an industry-wide fleet average of approximately 49 mpg for passenger cars and light trucks in the model year 2026. The new standards are anticipated to increase fuel efficiency by 8-10 % for model year 2024-26.
Segmental Outlook
The global variable valve timing (VVT) and start-stop system market are segmented based on their type and application. Based on type, the market is segmented into VVT and a start-stop system. Based on application, the market is categorized into passenger cars, light commercial vehicles, and heavy commercial vehicles. Among these segments, the passenger cars segment is anticipated to hold a prominent market share owing to increased demand across the region.
Variable Valve Timing (VVT) to Register Significant Significant Growth for the Forecast Period
Among the type segment, the VVT sub-segment is anticipated to register significant growth for the forecast period. The growth of the VVT sub-segment is attributed to factors such as improved engine performance, fuel efficiency, and reduced emissions. VVT offers multiple benefits allowing as it helps in modulating the duration and/or the lift of the valves. With the help of VVT valve timings can be tuned to offer fuel efficiency, stronger mid-range, and optimum top-end performance.
Regional Outlooks
The global variable valve timing (VVT) and start-stop system market are further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the North American market is anticipated to cater to a prominent growth over the forecast period. However, the Asia-Pacific region is projected to experience considerable growth in the variable valve timing (VVT) and start-stop system market.
Global Variable Valve Timing (VVT) and Start-Stop System Market Growth, by Region 2023-2030
The North American Region is Anticipated to Hold a Significant Share in the Global Variable Valve Timing (VVT) and Start-Stop System Market
Among the region, the European region is anticipated to hold a significant share in the global variable valve timing (VVT) and start-stop system market. The growth of the market in the region is primarily driven by factors such as stringent emission regulations, government initiatives to promote clean and green transportation, and the presence of major automotive manufacturers. For instance, Volkswagen AG, BMW Group, Daimler AG, and Renault Group are headquartered in Germany, PSA Group is headquartered in France, Fiat Chrysler Automobiles NV is headquartered in London and Volvo Car Group is headquartered in Sweden. These market players act as end-user for variable valve timing (VVT) and start-stop system thereby driving the growth of the market.
Market Players Outlook
The major companies serving the global variable valve timing (VVT) and start-stop system market include Robert Bosch GmbH, Continental AG, BorgWarner Inc., Aisin Seiki Co., Ltd, Valeo S.A, DENSO Corp., Hitachi, Ltd., others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2023, Continental announced that it is strategically realigning its ContiTech group sector to increase effectiveness and efficiency as well as customer and market proximity. To this end, the group sector, which specializes in material-driven solutions, will focus even more strongly on the expansion of its industrial business. ContiTech is also consolidating its automotive business to create synergies.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global variable valve timing (VVT) and start-stop system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Aisin Seiki Co., Ltd.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. BorgWarner Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Continental AG
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. DENSO Corp.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Robert Bosch GmbH
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Variable Valve Timing (VVT) and Start-Stop System Market by Type
4.1.1. VVT
4.1.2. Start-Stop System
4.2. Global Variable Valve Timing (VVT) and Start-Stop System Market by Application
4.2.1. Passenger Cars
4.2.2. Light Commercial Vehicles (LCVs)
4.2.3. Heavy Commercial Vehicles (HCVs)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Valeo S.A
6.2. Hitachi, Ltd.
6.3. Schaeffler AG
6.4. Eaton Corp.
6.5. Mitsubishi Electric Corp.
6.6. Hilite International GmbH
6.7. Toyota Motor Corp.
6.8. Exedy Corp.
6.9. Honda Motor Co., Ltd.
6.10. Hyundai Motor Co.
6.11. Mikuni Corp.
6.12. ZF Friedrichshafen AG
6.13. PMG Holding GmbH
6.14. Stellantis N.V.
6.15. Magna International Inc.
6.16. Cloyes Gear and Products Inc.
6.17. General Motors Co.
1. GLOBAL VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
2. GLOBAL VVT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL START-STOP SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
5. GLOBAL VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM FOR PASSENGER CARS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM FOR LIGHT COMMERCIAL VEHICLES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM FOR HEAVY COMMERCIAL VEHICLES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. NORTH AMERICAN VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
10. NORTH AMERICAN VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
11. NORTH AMERICAN VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
12. EUROPEAN VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
13. EUROPEAN VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
14. EUROPEAN VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
15. ASIA-PACIFIC VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
16. ASIA-PACIFIC VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
17. ASIA-PACIFIC VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
18. REST OF THE WORLD VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
19. REST OF THE WORLD VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
20. REST OF THE WORLD VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
1. GLOBAL VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SHARE BY TYPE, 2022 VS 2030 (%)
2. GLOBAL VVT MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL START-STOP SYSTEM FOR START-STOP SYSTEM MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SHARE BY APPLICATION, 2022 VS 2030 (%)
5. GLOBAL VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM FOR PASSENGER CARS MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM FOR LIGHT COMMERCIAL VEHICLES MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM FOR HEAVY COMMERCIAL VEHICLES MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. US VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
10. CANADA VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
11. UK VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
12. FRANCE VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
13. GERMANY VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
14. ITALY VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
15. SPAIN VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
16. REST OF EUROPE VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
17. INDIA VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
18. CHINA VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
19. JAPAN VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
20. SOUTH KOREA VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
21. REST OF ASIA-PACIFIC VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
22. REST OF THE WORLD VARIABLE VALVE TIMING (VVT) AND START-STOP SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
