According to a new market research report published by Market Research Future Variable Valve Timing (VVT) Market Analysis From 2019 to 2023 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, the global Variable Valve Timing Market accounted to hit the notable market value in 2023 and expected to witness 7% CAGR across the forecast period through 2019 to 2023. Report provides comprehensive information on Global Variable Valve Timing (VVT) Market key players, share, Sales, revenue, industry size in terms of volume.
Key Companies Covered:
Denso Corporation (Japan), Hilite International, Inc. (U.S.), HUSCO International (U.S.), Aisin Seiki Co. Ltd (Japan), Robert Bosch GmbH (Germany), Delphi Automotive System Inc (U.S.), Continental AG (Germany), Metaldyne Performance Group Inc. (U.S.), Hitachi (Japan), Mitsubishi Electric Corporation (Japan), Perodua (Malaysia), Johnson Controls, Inc. (Ireland), Eaton Corporation Plc (Republic of Ireland).
Free Sample Copy of Variable Valve Timing Market Research Report Global Forecast to 2023 available at: https://www.marketresearchfuture.com/sample_request/5054
Variable Valve Timing (VVT) Industry Insight:
Variable Valve Timing technology helps bring down friction and enhances the burning process, which benefits the fuel economy. The increasing prices of fuel have given rise to the demand for vehicles that are integrated with advanced VVT technologies. According to Market Research Future (MRFR), the global variable valve timing (VVT) market has been revealed to strike a CAGR of 7% during the forecast period 2019 to 2023. The market is poised to grow substantially owing to the achievement of better efficiency in setting valve timing.
The report offers insights into the leading market players and presents an assessment of their current market position. Company information with regards to revenue, segments, share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the report.
The variable valve timing is being controlled by the engine control units. The global variable valve timing (VVT) market is majorly being driven by their various advantages such as increased fuel economy, increased power output, widen engine power band and decreased emissions. The fuel economy is achieved by the reduction of charge cycle work, optimization of the burning process and the reduction of the friction. The declining quality of air has encouraged the governing authorities to impose stricter vehicle emission norms. It has led to a drastic rise in the adoption rate of VVT systems. The ongoing trend is likely to gain momentum over the next couple of years, thus, augmenting the variable valve timing (VVT) market.
Variable Valve Timing (VVT) Market Segment Analysis:
The worldwide VVT market, according to MRFR report, has been considered for technology type, fuel type, engine size and application.
By Technology type, the global variable valve timing (VVT) market has been segmented into cam-phasing system, variable valve actuation systems and others.
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 respect to the engine size, the Variable Valve Timing (VVT) market has been split into compact size, full-size and mid-size.
By application, the variable valve timing (VVT) market has been segmented into passenger cars, commercial vehicles, and others.
The global Variable Valve Timing (VVT) Market is geographically distributed across the following key regions: Asia Pacific, North America, Europe, and the Rest of the World (RoW).
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.
Europe poses attractive opportunities for growth and is poised to exhibit significant growth through the projection period. The boom witnessed in the automotive sector of the region has paved the way for the technological advancements. These advancements are likely to dominate the growth trajectory of the variable valve timing (VVT) market in the region. Furthermore, strict regulations levied by the European Union for controlling the air quality is expected to propel the expansion of the market in the foreseeable future.
List of Tables:
TABLE 1 MARKET SYNOPSIS
TABLE 2 LIST OF ASSUMPTIONS
TABLE 3 MACRO INDICATORS INFLUENCING THE GLOBAL VARIABLE VALVE TIMING (VVT) MARKET FOR TOP FIVE COUNTRIES
TABLE 4 IMPORT ANALYSIS OF VARIABLE VALVE TIMING (VVT), 2013-2017 (UNITS)
TABLE 5 EXPORT ANALYSIS OF VARIABLE VALVE TIMING (VVT), 2013-2017 (UNITS)
TABLE 6 PROPORTION OF MANUFACTURING COST STRUCTURE
TABLE 7 LABOR COST ANALYSIS
List of Figures:
FIGURE 1 GLOBAL VARIABLE VALVE TIMING (VVT) MARKET: MARKET STRUCTURE 17
FIGURE 2 RESEARCH PROCESS OF MRFR 20
FIGURE 3 TOP-DOWN & BOTTOM-UP APPROACHES 23
FIGURE 4 DROC ANALYSIS OF GLOBAL VARIABLE VALVE TIMING (VVT) MARKET 25
FIGURE 5 INTERNATIONAL TOURIST ARRIVALS, 2016 VS 2017 (MILLION) 26
FIGURE 6 DRIVERS IMPACT ANALYSIS: GLOBAL VARIABLE VALVE TIMING (VVT) MARKET 27
FIGURE 7 RESTRAINTS IMPACT ANALYSIS: GLOBAL VARIABLE VALVE TIMING (VVT) MARKET 28
FIGURE 8 SUPPLY CHAIN: GLOBAL VARIABLE VALVE TIMING (VVT) MARKET 31
FIGURE 9 PORTERS FIVE FORCES MODEL: GLOBAL VARIABLE VALVE TIMING (VVT) MARKET 32
FIGURE 10 MARKETING CHANNEL OF VARIABLE VALVE TIMING (VVT) 40
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