VVT Market worth 46.36 Billion USD by 2022

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MarketsandMarkets Presents
VVT Market worth 46.36 Billion USD by 2022
http//www.marketsandmarkets.com/Market-Reports/va
riable-valve-timing-vvt-market-1206.html
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• "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
• The VVT start-stop system market is projected
  to grow at a CAGR of 5.28 and 18.86 from 2017
  to 2022, respectively, to reach USD 46.36 Billion
  for VVT and 11.10 Billion for start-stop system
  by 2022. Some of the major factors responsible
  for the growth of the market are government
  regulations for reducing emissions levels and
  increasing electrification of vehicles.
• Browse 76 Market Data Tables and 62 Figures
  spread through 180 Pages and in-depth TOC on "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
• http//www.marketsandmarkets.com/Market-Reports/v
  ariable-valve-timing-vvt-market-1206.html

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• Cam Phasing plus Changing System Adoption of VVT
  Expected to Increase in Developed Regions
• Owing to increase in performance-oriented
  fuel-efficient vehicles and stringent emissions
  regulations in developed regions, the penetration
  of advanced VVT systems such as Cam-Phasing plus
  changing systems is estimated to be higher in
  Asia-Pacific and North America. The market for
  VVT systems is further estimated to increase with
  the increasing production of automobiles
  incorporated with these advanced technologies.
  Owing to customers preferences, the regional
  adoption of these technologies is varied. Europe
  is projected to witness moderate growth for VVT
  systems due to saturation of VVT technology in
  Germany, France, and Spain. High rate of
  technological adoption in regions like China,
  Japan, and South Korea is also a driving factor
  for the growth of these systems in Asian region.
• Plug-in Hybrid and Hybrid Electric Vehicle (BEV)
  Promising Electric Vehicle segment for start-stop
  system
• Electric vehicles are mainly divided into three
  major types on the basis of propulsion
  technology battery electric vehicle (BEV),
  plug-in hybrid electric vehicle (PHEV), and
  hybrid electric vehicle (HEV). BEVs are totally
  powered by batteries, whereas HEVs and PHEVs also
  have the internal combustion engine. As of 2017,
  PHEV and HEV segments hold the largest share and
  are projected to grow at higher CAGR compared to
  other battery electric vehicle segments. The
  growth in PHEV and HEV segment is mainly driven
  by government initiatives for promoting
  emission-free technology.

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• Asia-Pacific The largest market for VVT
  start-stop system
• Asia-Pacific was estimated to be the largest
  market for VVT start-stop system in 2017. This
  is due to the increasing vehicle production in
  countries such as Japan, China, and India and
  stringent emission regulations in these
  countries. The region has the largest share of
  VVT systems globally because of increased
  manufacturing of vehicles equipped with these
  systems. The Indian market is growing at a rapid
  pace because of increased preference for
  diesel-powered vehicles, which has resulted in
  the demand for VVT system for diesel engines. In
  addition, improving socio-economic conditions in
  countries such as India, Thailand, and Indonesia
  have resulted in the growth of demand for premium
  segment passenger cars, which in turn has
  accelerated the market for VVT start-stop
  system in these countries.
• Many automotive manufacturers are focusing on
  Asia-Pacific region because of various benefits
  such as easy availability of economic labor,
  access to advanced machines, lenient regulations
  for environment safety, and growing demand for
  vehicles due to increased FDI for automotive
  industry in countries like India, South Korea,
  and China.
• The report covers all the major players in the
  global VVT start-stop system market, such as
  Continental AG (Germany), Denso Corporation
  (Japan), Delphi Automotive, PLC (U.K.), Robert
  Bosch GmbH (Germany), and Magna International
  Inc. (Canada).

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