report published by Infinium Global Research on automotive VVT system market
provides in-depth analysis of segments and sub-segments in the global as well
as regional automotive VVT system market. The study also highlights the impact
of drivers, restraints, and macro indicators on the global and regional
automotive VVT system market over the short term as well as long term. The
report is a comprehensive presentation of trends, forecast and dollar values of
global automotive VVT system market. According to the report, the global
automotive VVT system market is projected to grow at a CAGR of 4.26% over the
forecast period of 2019-2025.
valve timing (VVT) system helps the vehicle to improve performance, fuel
economy, and control emission. Many of the car manufacturers including Toyota,
Renault, Proton, and Hyundai have integrated VVT systems into the engines of
their recently launched cars. The VVT system is evolving as the technology is
advancing. Cloyes Gear & Products, one of the leading automobile component
supplier launched timing chain kits with VVT actuators. The adoption of the VVT
system in cars has increased as the cars became more fuel-efficient.
from IC engines produce greenhouse gasses including carbon dioxide, carbon
monoxide, and methane, which pollutes the air. A rise in the level of pollution
has led the regulatory bodies to enforce strict norms on vehicle emissions. The
stringent emission regulations are the major factor that contributes to the
growth of the automotive VVT system market. Moreover, the booming automobile
industry is another factor that boosts the growth of the automotive VVT system
market. Around 86 million cars were sold in the top 54 world markets in 2018
alone, while SUVs were popular worldwide. Advantages of VVT system such as
improved performance, fuel economy and lower emission of the engine of vehicle
contributed to the increasing demand for automotive VVT system. However, the
sale of IC engine vehicle is declining due to the growing demand for electric
vehicles, which is expected to hamper the growth of automotive VVT system.
Additionally, as technology advances, new and innovative products are being
launched in the market. This is expected to offer lucrative growth
opportunities for the players in the automotive VVT system market.
geographies, Asia-Pacific generated the highest revenue in the automotive VVT system market. The domination of the Asia-Pacific automotive VVT system market
attributes to growing production and demand for vehicles, an increased in the
per capita income and low-interest rates of the car loan. Along with
Asia-Pacific, Europe accounts for the second-largest share in the market owing
to stringent emission norms.
The report on
global automotive VVT system market covers segments such as technology, valve
train, fuel, and vehicle type. On the basis of technology, the sub-markets
include VVT-I, VVT-iE, and VVT-IW. On the basis of valve train, the sub-markets
include single overhead cam (SOHC), and double overhead cam (DOHC). On the
basis of fuel, the sub-markets include gasoline, and diesel. On the basis of
vehicle type, the sub-markets include passenger vehicle, and commercial
provides profiles of the companies in the market such as Aisin Seiki Co., Ltd.,
DENSO Corporation, Robert Bosch GmbH, BorgWarner Inc., Schaeffler Group,
Continental AG, Eaton Corporation PLC, Hitachi, Ltd., Johnson Controls
International Plc, Mitsubishi Electric Corporation, and Other Companies.
provides deep insights into the demand forecasts, market trends, and micro and
macro indicators. In addition, this report provides insights into the factors
that are driving and restraining the growth in this market. Moreover, The
IGR-Growth Matrix analysis given in the report brings an insight into the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter's five
forces analysis and DRO analysis of automotive VVT system market. Moreover, the
study highlights current market trends and provides forecast from 2019-2025. We
also have highlighted future trends in the market that will affect the demand
during the forecast period. Moreover, the competitive analysis given in each
regional market brings an insight into the market share of the leading players.