Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Variable Valve Timing (VVT) Systems Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.8% during the review period (2022 to 2027).
The growing penetration of commercial vehicles and passenger cars is causing escalating vehicular emissions across the world, becoming a foremost concern towards producing automobiles with fuel-efficient systems. To meet the stringent emission norms and sustainability concerns, the Original Equipment Manufacturers (OEMs) are concentrating on developing new engine technology that can improve the engine's performance.
One of the major focuses on accomplishing this objective is to control the valve’s timing within the engine control unit with the help of VVT systems. VVT system is an essential system of an engine control unit with a combination of mechanical and electrical systems, which controls the lift and duration of the valve.
Recent Development:
Johnson Controls Annual Energy Efficiency Indicator Survey Reveals Investments In Sustainability Have Rebounded To Pre-Pandemic Levels, Yet Challenges Remain
Ireland, April 12, 2022 Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, today announced findings from the 15th annual Energy Efficiency Indicator Survey, which revealed that 62 percent of organizations surveyed expect to increase investments in energy efficiency, renewable energy, or smart building technology in 2022, indicating a return to pre-pandemic levels.
By Type, it is segmented into
By Applications, it is segmented into
Variable Valve Timing (VVT) Systems Market Regional Analysis
Asia Pacific region is likely to account for a considerable variable valve timing (VVT) market share in the global market due to the rise of the automobile industries and rising production of vehicles in developing countries such as China, Japan, India, South Korea, Australia, and the rest of Asia-Pacific. The governing authorities of the European region are planning to reach a 20% reduction in carbon emission by the end of 2020. The increased numbers of transport industries in major countries of Europe such as Germany, France, the UK, Italy, Spain, Austria, and the rest of Europe are the major factor for the growth of the variable valve timing (VVT) market revenue in this region.
The Variable Valve Timing (VVT) Systems market has been studied across North America, Europe, Asia Pacific, Latin America, the Middle East & Africa. The Asia Pacific is expected to dominate the most significant market owing to rising demand for natural gas mainly across the countries like India, China, and Japan among others. China has the fastest-growing investment in LNG stations, as its focus on cleaner energy for industrial and commercial transportation is anticipated to drive the market across the region. Following Asia-Pacific, Europe, and North America and have implemented stringent laws to reduce emissions & are more focused on renewable energy projects and energy-efficient sectors the rise in commercial and industrial transportation has led to the expansion of LNG stations across the region, and are the second-largest region in the global Variable Valve Timing (VVT) Systems market. In Latin America government has reduced the importation tariffs for LNG-powered vehicles, enhancing the market landscape of Variable Valve Timing (VVT) Systems positively.
Report Attributes | Report Details |
Report Title | Variable Valve Timing (VVT) Systems Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Aisin Seiki (Aisin Seiki Co. Ltd. (Stuttgart:AKN.SG)), Denso (DENSO Corporation (Tokyo :6902.T)), Hitachi Automotive Systems, Johnson Controls, Inc.(Johnson Controls International plc (NYSE :JCI) |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.8 % during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Aisin Seiki (Aisin Seiki Co. Ltd. (Stuttgart:AKN.SG)), Denso (DENSO Corporation (Tokyo :6902.T)), Hitachi Automotive Systems, Johnson Controls, Inc.(Johnson Controls International plc (NYSE :JCI) |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 167 |
Customization Available | Yes, the report can be customized as per your needs |
Key Takeaways from this Variable Valve Timing (VVT) Systems Report
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Glass Variable Valve Timing (VVT) Systems Market is studied from 2017 - to 2027.
What is the growth rate of the Glass Variable Valve Timing (VVT) Systems Market?
The Glass Variable Valve Timing (VVT) Systems Market is growing at a CAGR of 4.8% over the next 5 years.
Who are the key players in Glass Variable Valve Timing (VVT) Systems Market?
Aisin Seiki Co. Ltd. (Stuttgart:AKN.SG), Denso, Hitachi Automotive Systems, Johnson Controls, Inc., Hilite International, Schaeffler, Mitsubishi Electric, Valeo, Robert Bosch
What regions does this Glass Variable Valve Timing (VVT) Systems Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Glass Variable Valve Timing (VVT) Systems Market?
Vane-type VVT, Gear-type VVT, Others
What are the major end-use applications of Glass Variable Valve Timing (VVT) Systems Market?
OEMs, Aftermarket, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
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EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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