Global VVT & start-stop systems market is estimated to be worth US$64,895.9 by the end of the year 2022.
Albany, NY -- (SBWIRE) -- 10/16/2017 -- Variable Valve timing and start-stop systems are two of the foremost clean energy technologies which are being integrated into the automotive industry increasingly. Recently, a new study projected that the demand for VVT and start-stop systems will increment at a strong CAGR of 9.4% during the forecast period of 2017 to 2022. Rapid amounts of adoption in the automotive industry and increasing awareness among individuals regarding benefits of VVT and Start-Stop systems are some of the primary forces currently driving the market. To provide a detailed analysis of the market structure, analysts have prepared a study titled "VVT & Start-Stop Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022", which has been now published to the online repository of Market Research Hub (MRH). The report provides a close look at the growth trajectory of the global VVT start-stop system market, with close attention paid to factors such as the geographical segmentation of the market and the market's leading contributors.
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At first, the study starts by defining the pacemaker devices market overview. In addition, the subsequent section of the report explores the market dynamics such as drivers, restraints, and opportunities that currently have a strong impact on the VVT and start-stop systems market and could influence the market in the near future. Looking to the overview of VVT and start-stop systems, analysts have identified what are the prime factors booming demand for both technologies. The VVT system is basically integrated in automobiles to increase fuel efficiency; It also ensures that both the intake and the exhaust valves are regulated, creating a more efficient system. On the other hand, Start-Stop systems are clean energy solutions that are used to reduce exhaust emission levels and to improve the performance of the vehicle.
As per the latest statistics, the growing need to increase fuel efficiency as a result of depleting oil reserves, stringent emission norms that have led to higher VVT standards, and hybridization of vehicles are some of the key factors augmenting the demand in the global VVT & start-stop systems market. The report has evaluated that the opportunities in the VVT & start-stop systems market, across the globe, were worth US$41,734.7 mn in 2017, and the revenue will go up to US$64.895.9 mn by 2022. Based on product-type, the global VVT & start-stop systems market has been segmented into dual over-head cam (DOHC) and single over-head cam (SOHC). In the present scenario, the DOHC segment is most profitable, exhibiting an individual CAGR of 9.0% during the forecast period of 2017 to 2022.
The geographical segmentation of the market analyzes the market size and its futuristic prospects for some prime regions including North America, Europe, Asia Pacific except Japan (APEJ), Latin America, and the Middle East & Africa, and Japan. The region of Asia Pacific except Japan (APEJ) is most profitable in the global VVT & start-stop systems market, gaining traction from increased manufacturing of vehicles equipped with these systems as well as increasing disposable income among the urban populations. Moreover, the market has been segmented by technology which includes cam phasing, cam phasing plus changing, belt-driven, direct starter, enhanced starter and integrated starter. Major applications are luxury passenger cars, mid-sized passenger cars, compact passenger cars, premium passenger cars, light commercial vehicles and heavy commercial vehicles.
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Furthermore, key players are also mentioned in the report along with their market positioning, growth strategies and recent developments. Delphi Automotive PLC, Denso Corporation, Aisin Seiki Co. Ltd., Toyota Motors, Robert Bosch GmbH, Continental AG, Magna International Inc., Hitachi Ltd., Johnson Controls, Inc., BMW, Eaton Corporation plc, Valeo S.A. and Schaeffler AG are some of the prominent companies of VVT & start-stop systems market.
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