During the forecast period, the global VVT & start-stop systems market is anticipated to grow at a significant CAGR. The need for improving fuel efficiency and performance is the key driver for the growth of this market, along with government initiatives worldwide aimed at implementing strict vehicle emissions regulations. Furthermore, the increasing production of vehicles is expected to further bolster market growth over the next few years.
The global VVT & start-stop systems market is segmented by vehicle type, camshaft type, fuel type, starter type, company, and region. Vehicle type categorizations include passenger cars, light commercial vehicles, and heavy commercial vehicles, with passenger cars expected to be the largest segment during the forecast period due to increasing purchasing power in developing Asian countries. Regionally, the Asia Pacific region is estimated to be the largest market for VVT & start-stop systems during the forecast period, attributed to the presence of growing markets such as India and China, the two most populated countries globally.
The major players operating in the VVT & start-stop systems market is Robert Bosch GmbH, Continental AG, Borgwarner Inc., Aisin Seiki Co., Ltd., Valeo, Denso Corporation, Hitachi Ltd., Schaeffler AG., Delphi Technologies, Eaton Corporation and others.
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The aim of this study was to:
- Analyze and estimate the global VVT & start-stop systems market size from 2018 to 2021.
- Estimate and forecast the global VVT & start-stop systems market size from 2022 to 2028 and predict the growth rate until 2028.
- Classify and forecast the global VVT & start-stop systems market based on vehicle type, camshaft type, fuel type, starter type, company, and regional distribution.
- Identify the dominant region or segment in the global VVT & start-stop systems market.
- Identify the drivers and challenges for the global VVT & start-stop systems market.
- Examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global VVT & start-stop systems market.
- Conduct a pricing analysis for the global VVT & start-stop systems market.
- Identify and analyze the profiles of the leading players operating in the global VVT & start-stop systems market.
- Identify the key sustainable strategies adopted by market players in the global VVT & start-stop systems market.
For this study, TechSci Research conducted both primary and exhaustive secondary research. Initially, TechSci Research sourced a list of manufacturers from around the world. Subsequently, TechSci Research conducted primary research surveys with the identified companies. During the interviews, the respondents were also asked about their competitors. Through this technique, TechSci Research was able to include the manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and the presence of all major players worldwide.
The market size of the global VVT & Start-Stop Systems market was calculated using a bottom-up approach, wherein data for various end-user segments were recorded and forecasted for future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications to obtain an appropriate overall market size. Various secondary sources, such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports, were also studied by TechSci Research.
Key Target Audience:
- VVT & start-stop systems manufacturers
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to VVT & start-stop systems
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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About TechSci Research:
TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.
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