Global VVT and Start-Stop System Market Set to Value Over US $ 55 Billion by the End of 2026

  • 09 May 2019

Plug-in hybrids and vehicle hybridization trend are driving the demand for VVT and start-stop systems. Depleting natural fuel resources, rise in demand for fuel-efficient passenger and commercial vehicles, hyped fuel prices, stringent government policies towards vehicle emission control are some of the major factors impacting the positive growth of the global VVT and start-stop systems market. The need to develop novel and advanced products for VVT and start-stop systems would fuel the acquisition of new market entrants by the leading market players. Aggressive strategies are anticipated to be adopted by current market players to expand geographical presence. Expensive manufacturing setup is predicted to continue hindering the emergence of new aspirants in the market.

The global VVT and Start-Stop System market is anticipated to grow at a CAGR of 8.9% during the forecast period 2019 to 2026 and value above US $ 55 billion by the end of 2026.

Factors Restricting the Growth of VVT and Start-Stop System Market
•    High cost associated with the start-stop system setup and maintenance 
•    Risk of degraded durability and bearing of the engine resulting in engine wear due to multiple start-stop cycles
•    Lack of technical expertise to develop innovative solutions
•    Easy availability of alternative solutions like turbochargers
•    Rapid adoption of electric vehicles in developed and emerging economies

Global VVT and Start-Stop System Market, by Starter Type 
+ Belt-Driven Alternator Starter
+ Enhanced Starter
+ Direct Starter
+ Integrated Starter Generator
Belt-driven alternators starter provide cost and performance advantages over the crankshaft-mounted integrated device. Thus belt-driven alternators starter segment is at the forefront and would continue to grow at lucrative CAGR due to its support to improve fuel efficiency and reduce CO2 emissions.

Global VVT and Start-Stop System Market, by Camshaft Type 
+ Dual Overhead Camshaft (DOHC) 
+ Single Overhead Camshaft (SOHC) 
Due to the high performance, ability to run at higher speed and produce high power resulting in volumetric efficiency of engine, Dual Overhead Camshaft (DOHC) segment is widely adopted by the manufacturers. Hence DOHC segment leads in terms of market growth opportunities.

Global VVT and Start-Stop System Market, by Fuel Type 
+ Gasoline 
+ Diesel 
+ Electric
Rise in demand for high-end vehicles, semi-luxury cars, and passenger vehicles is catalysing the growth of gasoline fuel type segment at a strong CAGR. Gasoline fuel type segment is expected to secure the largest market share during forecasted tenure.

Global VVT and Start-Stop System Market, by Region
+ North America 
+ Latin America 
+ Europe 
+ Asia Pacific 
+ Rest of the World 
The global need to control vehicle emission and related stringent norms are to fuel the overall growth of VVT and start-stop market across regions. APAC region is projected to be the largest market share holder of the global VVT and start-stop system market owing to elevated vehicle production and increased per capita income. North America is anticipated to demonstrate the fastest growth of start-stop systems adoption while the APAC region is estimated to grow rapidly in terms of VVT systems adaption during the forecast period.

Competitive Landscape:   
+ Tier 1 players- established companies in the market with a major market share 
+ Tier 2 players  
+ Emerging players which are growing rapidly  
+ New Entrants   

FutureWise Key Takeaways  
+ Growth prospects 
+ SWOT analysis  
+ Key trends  
+ Key data-points affecting market growth  

Objectives of the Study:  
+ To provide an exhaustive analysis on global VVT and Start-Stop System market by starter type, by camshaft type, by fuel type and region
+ To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and + industry-specific restraints) 
+ To evaluate and forecast micro-markets and the overall market  
+ To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East 
+ To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions 
+ Profiling of companies to evaluate their market shares, strategies, financials and core competencies   

 

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