VVT & Start-Stop Systems Market by Technology (Cam Phasing and Direct Starter), Valvetrain (DOHC and SOHC), Vehicle (PC, LCV, and HC), Fuel Type (Gasoline and Diesel), Electric Vehicle (BEV, PHEV, and HEV), and Region - Global Forecast to 2022
LONDON, July 20, 2017 /PRNewswire/ -- "Stringency of vehicle emission legislations in developed regions, improving socioeconomic conditions in developing regions, and growing demand for electric vehicles across the globe to fuel the demand for Start-Stop and VVT system"
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The global VVT & start-stop system market is projected to grow at a CAGR of 5.28% and 18.86% from 2017 to 2022, to reach USD 46.36 billion and USD 11.10 billion by 2022, respectively. The major factors responsible for the growth of this market include the stringent emission regulations and fuel-efficiency standards enforced by different legislative bodies across the globe. However, increasing preference for electric vehicles over traditional vehicles is expected to hamper the growth of the market to some extent.
"Asia-Pacific: High growth potential market for start-stop system"
The Asia-Pacific market for VVT & start-stop system is projected to witness the highest CAGR from 2017 to 2022. The major factors responsible for the market growth in the region include the increasing demand for fuel saving technologies like turbocharging, VVT and start-stop system, and government laws favoring the implementation of these systems in passenger cars, especially in developed countries such as Japan and South Korea.
These countries have stringent emission control regulations. In addition, improving socioeconomic conditions in countries such as India, Thailand, and Indonesia have resulted in increased demand for premium segment passenger cars, which in turn has boosted the market for VVT & start-stop system in these countries.
"Dual Overhead Cam (DOHC) for VVT and Integrated Starter Generator (ISG): Technology for present and future"
Dual Overhead Cam (DOHC) technology is expected to grow at a faster rate in passenger cars, LCVs, and HCVs due to better fuel efficiency, valve timing, and valve contact as compared to single overhead cams (SOHC). In case of start-stop systems, the integrated starter generator (ISG) is expected to show the highest growth rate due to increased efficiency of the engine, leading to less fuel wastage.
The study contains insights provided by various industry experts, ranging from material suppliers to Tier-1 companies and OEMs.
The break-up of the primaries is as follows:
• By Company Type: Tier-1—75%, Tier-2—15%, and Tier-3—10%
• By Designation: C Level—55%, Manager Level—25%, and Director Level–20%
• By Region: North America—15%, Europe—35%, and Asia-Pacific—40%, and RoW 10%
The VVT & start-stop system market is dominated by globally established players such as Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive, PLC (U.K.), Robert Bosch GmbH (Germany), and Magna International Inc. (Canada). The key growth strategies adopted by these players include expansion and new product development.
The report includes detailed profiles of the following companies:
- Continental AG
- Denso Corporation
- Delphi Automotive, PLC
- Robert Bosch GmbH
- Valeo S.A
- Schaeffler AG.
- Hitachi Ltd
- Aisin Seiki Co., Ltd.
- BorgWarner Inc.
- Johnson Controls Inc.
- Mitsubishi Electric Corporation
- Eaton Corporation PLC
Research Coverage:
The report segments the VVT & start-stop system market by valvetrain type, technology, fuel type, vehicle type, electric vehicle type, and region. The report defines and forecasts the market size of VVT & start-stop system in key countries for passenger cars and commercial vehicles.
Reasons to Buy the Report:
This report contains various levels of analysis, including industry analysis (industry trends, Porter's Five Forces), supply chain analysis, and company profiles, which together comprise and discuss the basic views on the emerging and high-growth segments of the VVT & start-stop system market, competitive landscape, high-growth regions and countries, government initiatives, and market dynamics such as drivers, restraints, opportunities, and challenges.
The report enables new entrants and smaller firms as well as established firms to understand the market better to help them to acquire a larger market share. Firms purchasing the report could use any one or a combination of the below-mentioned four strategies (market development, product development/innovation, market diversification, and competitive assessment) to strengthen their position in the market.
The report provides insights with reference to the following points:
- Market Development: The report offers comprehensive information about lucrative emerging markets. The report analyzes the markets for VVT & start-stop system across regions.
- Product Development/Innovation: The report offers detailed insights into R&D activities, upcoming technologies, and new product launches in the global VVT & start-stop system market.
- Market Diversification: The report provides detailed information about untapped markets, investments, new products, and recent developments in the global VVT & start-stop system market.
- Competitive Assessment: The report includes an in-depth assessment of strategies, products, and manufacturing capabilities of leading players in the global VVT & start-stop system market.
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