New York, March 21, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Automotive Variable Valve Timing (VVT) and Start-Stop System Global Market Report 2023" - https://www.reportlinker.com/p06433776/?utm_source=GNW
The global automotive variable valve timing (vvt) and start-stop system market grew from $41.32 billion in 2022 to $50.95 billion in 2023 at a compound annual growth rate (CAGR) of 23.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The automotive variable valve timing (vvt) and start-stop system market is expected to grow to $100.79 billion in 2027 at a CAGR of 18.6%.
The variable valve timing (VVT) and start-stop systems market consists of sales of variable valve timing (VVT) and start-stop systems using technology including belt-driven alternator starter, enhanced starter, direct starter, and integrated starter generator.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers.
The value of goods in this market includes related services sold by the creators of the goods.
Variable valve timing (VVT) and start-stop systems refer to a process of altering the timing of a valve lift event.With variable valve timing, the valves are open for shorter periods during idling or light acceleration, so less air-fuel mixture goes into the engine and helps reduce emissions.
The automotive variable valve timing (VVT) and start-stop systems are used to improve performance, fuel economy, or emissions and is widely used in combination with variable valve lift systems.
Asia-Pacific was the largest region in the automotive variable valve timing (VVT) and start-stop systems market in 2022. The regions covered in this automotive variable valve timing (VVT) and start-stop system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The main types of automotive variable valve timing (VVT) and start-stop systems are diesel VVT systems and gasoline VVT systems.A diesel VVT system is the technique of changing the timing of a valve lift event, and it’s frequently done to increase efficiency, reduce emissions, or all three.
It is employed in several vehicle types, such as passenger cars, light commercial vehicles, and heavy commercial vehicles types.The various technology types include cam-phasing and cam-phasing plus changing.
The types of valvetrains include SOHC and DOHC valvetrains.
Rising demand for fuel-efficient vehicles is expected to propel the growth of the automotive variable valve timing (VVT) and start-stop system markets going forward.Fuel-efficient vehicles are vehicles or engines that give better mileage per gallon of fuel than other less efficient models.
A technology called valve-timing, which regulates the timing of a valve lift event, is frequently applied to increase performance, fuel efficiency, or pollution.For instance, in February 2021, According to KAPSARC, a Saudi Arabia-based advisory in the Saudi energy sector, consumer adoption of electric vehicles (EVs)—including hybrids, plug-in hybrids, and pure battery electric vehicles—is a critical step toward improving energy use and lowering emissions in the transportation industry.
Electric car sales have reached a record of 3 million in 2020, up 40% from previous year. Further, according to the Net Zero Emissions, United Nations, by 2050 Scenario, 300 million electric vehicles will be on the road by 2030, making up more than 60% of all new automobile sales, up from just 4.6 percent in 2020. Therefore, rising demand for fuel-efficient vehicles is driving the automotive variable valve timing (VVT) and start-stop system market.
Technological innovations and advancements have emerged as key trends in the automotive variable valve timing (VVT) and start-stop system market.Major companies operating in the automotive variable valve timing (VVT) and start-stop system markets are developing new technologies to strengthen their position in the market.
For instance, in December 2021, Eaton Corporation plc, an Ireland-based multinational power management company, introduced a complete portfolio of variable valve actuation (VVA) technologies in order to assist Chinese commercial vehicle manufacturers in meeting emissions regulations.Eaton’s VVA solutions consist of two building blocks including a rocker with a switchable capsule and a split rocker for full deactivation.
VVA strategies can be implemented using these two building blocks in virtually any engine architecture, including single overhead cams, dual overhead cams, and cam-in-block engines with engine displacements ranging from 2.0 liters to 15.0 liters.
In August 2021, Analog Devices, Inc., a US-based company for the design and manufacturing of analog, mixed-signal, and DSP integrated circuits, acquired Maxim Integrated Products, Inc. for an undisclosed amount. This acquisition is expected to strengthen ADI’s position as a high-performance analogue semiconductor company and puts us well positioned to develop even more complete, cutting-edge solutions for customers. Maxim Integrated Products, Inc. is a US-based company that develops innovative analogue ICs for the automotive, industrial, healthcare, mobile consumer, and cloud data centre markets.
The countries covered in the automotive variable valve timing (VVT) and start-stop system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The automotive variable valve timing (VVT) and start-stop system market research report is one of a series of new reports that provides automotive variable valve timing (VVT) and start-stop system market statistics, including global market size, regional shares, competitors with an automotive variable valve timing (VVT) and start-stop system market share, and detailed AutThis automotive variable valve timing (VVT) and start-stop system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
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