Variable valve timing (VVT) and start-stop system market are anticipated to grow at a CAGR of 18.5% during the forecast period. The growth of the market is attributed to factors such as technological advancements and increasing demand for fuel-efficient vehicles. Further Governments around the globe are imposing strict regulations on fuel economy and emissions, which are driving the adoption of VVT and start-stop system in vehicles. For instance, in April 2022, The US Department of Transportation’s National Highway Traffic Safety Administration revealed new fuel economy standards. The new rules mandate an industry-wide fleet average of approximately 49 mpg for passenger cars and light trucks in the model year 2026. The new standards are anticipated to increase fuel efficiency by 8-10 % for model year 2024-26.
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The global variable valve timing (VVT) and start-stop system market are segmented based on their type and application. Based on type, the market is segmented into VVT and a start-stop system. Based on application, the market is categorized into passenger cars, light commercial vehicles, and heavy commercial vehicles. Among these segments, the passenger cars segment is anticipated to hold a prominent market share owing to increased demand across the region.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Variable Valve Timing (VVT) and Start-Stop System Market Report Segment
By Type
- VVT
- Start-Stop System
By Application
- Passenger Cars
- Light Commercial Vehicles (LCVs)
- Heavy Commercial Vehicles (HCVs)
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
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global variable valve timing (VVT) and start-stop system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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