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(Transportation-News.com, June 18, 2019 ) According to the market research report 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. Technology is creating advanced opportunities in the automotive VVT & start-stop system market, and companies are striving hard to take maximum advantage of the new technology.
The market for VVT systems is estimated to grow at a CAGR of 5.28% from 2017 to 2022, from USD 35.85 Billion in 2017 to USD 46.36 Billion by 2022. Similarly, the market for start-stop systems is estimated to grow at a CAGR of 18.86% from 2017 to 2022, from USD 4.68 Billion in 2017 to USD 11.10 Billion by 2022.
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Robert Bosch operates across different business segments such as mobility solutions, industrial technology, consumer goods, and energy building technologies. In 2015, the company has decided to continue its partnership with DTM (German touring car master series) for another 3 years. Continental AG is one of the leading manufacturers of VVT & start-stop systems in the world and has invested 13.3 USD million for establishing an R&D plant in India in 2015 to boost its R&D capabilities pertaining to its powertrain division. The company is spread across North America, South America, Europe, and Asia-Pacific and focuses on the development of a start-stop solution for commercial vehicles and light trucks.
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Asia-Pacific is estimated to lead the market for VVT systems and North America is estimated to lead the market for start-stop systems in terms of growth rate, which is expected to grow at a CAGR of 5.60% and 22.35%, respectively, in terms of value during the forecast period. The demand is driven by the increased production of VVT systems-equipped vehicles in India, China, and South Korea. Similarly, the demand for start-stop systems in North America is on the rise because of stringent emission norms in the region and increased demand for fuel-efficient vehicles.
Browse and in-depth TOC on VVT & Start-Stop Systems Market
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Another major contributor in the VVT & start-stop system market is Denso Corp., which operates in three segments, namely, automotive components, automotive service parts, and industrial products. The company operates in 28 countries; its R&D capabilities, a wide and innovative product portfolio, and excellent supply network have been the key to its strong position in the market.
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VVT & Start-Stop Systems Market Key Players
The global VVT & start-stop system market is dominated by key manufacturers 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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