Vvt & Start-Stop System Market 2022 - Market Size & Forecast, Industry Trends, Manufacturers Analysis, & Opportunities 2030

Introduction: -

VVT & start-stop systems are basically systems that automatically stop the engine when the vehicle is coming to a halt or is in a stationary position. The engine begins again when the driver is preparing to move. Though the start-stop procedure takes place automatically, the driver can select to activate or deactivate the system by using the start-stop button. The purpose of its functioning is to minimize the emission of greenhouse gases and fuel consumption of vehicles. The global VVT & start-stop system market includes players engaged in developing and launching various VVT & start-stop system technologies and products. The market is estimated to witness growth at a compounded annual growth rate (CAGR) of 6.8% during the forecast period of 2022-2030.

Growth Drivers:

The growing need for energy security, emission reduction, and air quality enhancement across the globe is raising the demand for the production and adoption of hybrid vehicles as they are among the most promising vehicle types for low emissions. They also have the required setup for VVT & start-stop systems. This growing trend and demand for hybridization of vehicles and alternate fuel ICE vehicles for curtailing emissions are projected to augment the production of VVT & start-stop systems and expand the overall market size during the forecast period.

Moreover, the players present in the VVT & start-stop system market are seen to be allocating major emphasis on developing new technologies to enhance existing systems and introduce new and innovative systems into the market. Currently, they are focusing on the development of fuel-efficient engines and energy-saving systems for vehicles. The demand for vehicles equipped with fuel-efficient and energy-saving systems is growing exponentially worldwide, which is set to bolster the growth of the global VVT & start-stop system market during the forecast period.

Furthermore, factors such as the rising concerns regarding the emission of greenhouse gases and fuel consumption, the growing government initiatives for encouraging the purchase of hybrid vehicles, the rising demand for enhancing fuel efficiency and performance, and the escalating stringent emission norms across major regions worldwide are among other primary factors driving the growth of the global VVT & start-stop system market.

However, the augmenting demand for electric vehicles, the high maintenance cost and limited aftermarket supplies of VVT & start-stop systems, and wearing down of engines due increase in the start-stop cycle are major hindrances for the growth of the global VVT & start-stop system market.

VVT & Start-Stop System Market Segmentation:

By Fuel Type:

·         Gasoline

·         Diesel

By Phaser Type:

·         Hydraulic Cam Phaser

·         Electronic Cam Phaser

By Valve Train:

·         Dual Over Head Cam (DOHC)

·         Single Over Head Cam (SOHC)

By Technology:

·         Cam-Phasing

·         Cam-Phasing Plus Changing

By Starter Technology:

·         Belt-driven alternator starter

·         Direct starter

·         Enhanced starter

·         Integrated starter generator

By Vehicle Type:

·         Passenger Cars

·         Light Commercial Vehicles

·         Heavy Commercial Vehicles

By Region:

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East and Africa

VVT & Start-Stop System Market: Vehicle Type Review: -

Based on vehicle type, the global VVT & start-stop system market is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger car segment dominated the market in 2021. The segment is predicted to continue to lead further in the market during the forecast period of 2022-2030. The enhancing purchasing power of people in the emerging economies and the high adoption of VVT & start-stop systems in passenger cars are major drivers attributed to the growth of this segment.

VVT & Start-Stop System Market: Technology Review: -

Based on technology, the global VVT & start-stop system market is segmented into cam-phasing and cam-phasing plus changing. The cam-phasing segment led the market in 2021. The trend is expected to remain unchanged during the forecast period of 2022-2030. The high adoption of the cam-phasing technology due to its low cost and simple application is primarily driving the segment's growth. However, the cam-phasing plus changing segment is expected to register the highest growth in the market during the forecast period.

VVT & Start-Stop System Market: Fuel Type Review: -

Based on fuel type, the global VVT & start-stop system market is segmented into gasoline and diesel. The gasoline segment is estimated to attain the highest growth in the market during the forecast period of 2022-2030.VVT. The growth of this segment is attributable to the high preference for gasoline engine vehicles owing to their lesser particulate emissions and performance advantages over diesel engines.

VVT & Start-Stop System Market: Starter Technology Review: -

Based on starter technology, the global VVT & start-stop system market is segmented into belt-driven alternator starter, direct starter, enhanced starter, and integrated starter generator. The direct starter segment acquired the largest share of the global VVT & start-stop system market in 2021. The segment’s position is expected to remain unchanged during the forecast period of 2022-2030 due to direct starter systems in traditional engines. On the other hand, the integrated starter generator (ISG) segment is anticipated to witness the highest growth in the market during the forecast period of 2022-2030 due to its better emissions benefits and the ability of the integrated starter generator (ISG) technology to replace both the conventional starter and alternator with a single electric device.

VVT & Start-Stop System Market: Valve Train Review: -

Based on valve train, the global VVT & start-stop system market is segmented into dual over head cam (DOHC) and single over head cam (SOHC). The dual over head cam (DOHC) segment is expected to experience the highest growth in the market during the forecast period. This is due to the advantages of efficient use of fuel, noise-free ride, and improved control of valves associated with the dual over head cam (DOHC).

Regional Outlook:

The VVT & start-stop system research report offers detailed analysis and forecasts for five major regions: North America, Europe, Asia Pacific, and Latin America, and the Middle East & Africa.

The Asia Pacific region commanded the largest share of the global VVT & start-stop system market in 2021. The region is expected to follow a similar pattern and achieve the highest growth in the market during the forecast period of 2022-2030. The Asia Pacific region has some of the largest and well-established automotive manufacturing companies in the world. As a result, the production of vehicles equipped with VVT systems in the region is also high, contributing significantly to its large market share. The growing purchasing capacity of people in the region has fueled the sales of the premium segment passenger cars in the region. Moreover, the low cost of raw materials, the easy availability of cheap labor, and the surging demand for vehicles have compelled the leading manufacturers to shift their production units from developed countries to developing countries in the Asia Pacific. All these factors are boosting the adoption of VVT & the start-stop system market in the region. Furthermore, with the increasing number of stringent emission norms and the proliferating demand for fuel-saving technologies, the VVT & start-stop systems market is expected to grow considerably in the next few years in the Asia Pacific. Countries such as India, China, Japan, South Korea, and Thailand are among the leading contributors to the growth of the market in the region.

The report also identifies the country wise market outlook for VVT & start-stop system, covering country-wise market size, growth rate, market share, segmentation, leading players, current trends, and opportunities.

Key Companies in VVT & Start-Stop System Market:

The research report offers a competitive analysis of prominent companies operating in the global VVT & start-stop system market. Some of the leading players profiled in the market research report include:

·         Hilite International

·         Honda Motor Co. Ltd.

·         Hyundai Motor Company

·         Magna International Inc.

·         Robert Bosch GmbH

·         Continental AG

·         Valeo

·         DENSO Corporation

·         BorgWarner Inc.

·         Hitachi Ltd.

·         Aisin Seiki Co. Ltd.

·         BMW Ag

·         Cloyes Gear & Products Inc.

·         Eaton Corporation plc

·         Exedy Corporation

·         General Motors

·         Mikuni Corporation

·         Mitsubishi Electric Corporation

·         Toyota Motor Corporation

·         Other Players