The global variable valve timing (VVT) and start-stop system market is anticipated to grow at a CAGR of 18.5% during the forecast period. VVT is the process of altering the timing of a valve lift event and is often used to improve performance, fuel economy, or emissions. By adjusting the valves, it can make the engine more efficient. It means the car can go faster or use less fuel. When the valves are open and close at the right time, the engine can perform better and use less energy. The start-stop system helps automatically turn off the engine when the car is stopped and starts again when the user wants to go. The start/stop system allows savings of 5% to 10% in fuel consumption in heavy traffic when compared to a conventional starter. With this system, the vehicle is strategically turned off in stop situations as soon as the brake pedal is pressed, which helps save fuel and reduces pollution. The growth of the market is attributed to the rising demand for fuel efficient vehicles.
Browse the full report description of “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)” at https://www.omrglobal.com/industry-reports/variable-valve-timing-vvt-and-start-stop-system-market
According to International Energy Agency, cars and vans accounted for about 8% of global direct CO2 emissions in 2021. The need for more fuel-efficient vehicles is increasing owing to various steps taken by governments and organizations across the region. For instance, in Europe, the EU Commission has proposed to bring the CO2 emission standard for new cars to zero by 2035. Also, the growth of electric vehicles across the region is fueling the VVT and start-stop system market. For instance, According to International Energy Agency, a total of 3 million electric cars were sold in 2020 and the number of electric cars sold doubled in 2021 to reach 6.6 million units. This represents a significant increase in market share in recent years. The growth of electric and hybrid vehicles is becoming more popular and VVT and a start-stop system are critical to extending their range and improving their performance.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Robert Bosch GmbH, Continental AG, BorgWarner Inc., Aisin Seiki Co., Ltd., Valeo S.A, DENSO Corp., Hitachi, Ltd., and others
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Variable Valve Timing (VVT) and Start-Stop System Market Report Segment
By Type
By Application
Global Variable Valve Timing (VVT) and Start-Stop System Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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