PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1567179
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1567179
Automotive VVT System Market, By Valve Train, By Vehicle Type (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles), By Sales Channel (Original Equipment Manufacturers and Aftermarket), By Geography
The Global Automotive VVT System Market is estimated to be valued at USD 68.46 Bn in 2024 and is expected to reach USD 102.14 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2024: | US$ 68.46 Bn |
| Historical Data for: | 2019 to 2023 | Forecast Period: | 2024 to 2031 |
| Forecast Period 2024 to 2031 CAGR: | 5.90% | 2031 Value Projection: | US$ 102.14 Bn |
The global automotive VVT system market has been witnessing significant growth over the past decade owing to the increasing demand for fuel-efficient and high-performance vehicles. Variable Valve Timing (VVT) systems help to optimize the engine performance by adjusting the timing of the intake and exhaust valves. This technology improves the fuel efficiency by up to 20% and boosts the engine's low-end and mid-range torque. Over the years, automakers have been incorporating advanced VVT systems like dual VVT or continuously variable valve timing to comply with stringent emission norms. With rising environmental concerns, growth in electric vehicles and the adoption of alternative fuels, the automotive VVT system market is expected to continue its expansion trajectory over the coming years.
Market Dynamics:
The global automotive VVT system market growth is driven by factors such as tightening fuel efficiency norms, demand for low emission vehicles, and advances in engine technology. Stringent emission standards laid down by regulatory bodies across countries are compelling automakers to integrate more efficient engine technologies. VVT systems play a vital role in improving the fuel economy without comprising on the drivability and performance of vehicles. However, high initial costs associated with VVT systems and shift towards electric vehicles could hamper the market growth. Meanwhile, product innovations like multi-valve technology, fully flexible VVT systems, and dual or continuously variable VVT are fueling new opportunities. OEMs are focusing on lightweight and compact VVT designs to maximize fuel savings.
Key features of the study:
This report provides in-depth analysis of the global automotive VVT system market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global automotive VVT system market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Aisin Seiki Co., Ltd., Bosch (Robert Bosch GmbH), Delphi Technologies, Denso Corporation, Eaton Corporation, Halla Visteon Climate Control Corporation, Hyundai Mobis, JTEKT Corporation, Johnson Electric, Mitsubishi Electric Corporation, Nok Corporation, Renesas Electronics Corporation, Schaeffler AG, Tenneco Inc., and Valeo SA
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global automotive VVT system market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive VVT system market.
Detailed Segmentation-
- By Valve Train Insights (Revenue, USD Bn, 2019 - 2031)
- Dual VVT
- Single VVT
- Continuously Variable Valve Timing (CVVT)
- By Vehicle Type Insights (Revenue, USD Bn, 2019 - 2031)
- Passenger Cars
- Light Commercial Vehicles (LCVs)
- Heavy Commercial Vehicles (HCVs)
- By Sales Channel Insights (Revenue, USD Bn, 2019 - 2031)
- Original Equipment Manufacturers (OEMs)
- Aftermarket
- By Regional Insights (Revenue, USD Bn 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Aisin Seiki Co., Ltd.
- Bosch (Robert Bosch GmbH)
- Delphi Technologies
- Denso Corporation
- Eaton Corporation
- Halla Visteon Climate Control Corporation
- Hyundai Mobis
- JTEKT Corporation
- Johnson Electric
- Mitsubishi Electric Corporation
- Nok Corporation
- Renesas Electronics Corporation
- Schaeffler AG
- Tenneco Inc.
- Valeo SA
Table of Contents
1. RESEARCH OBJECTIVES AND ASSUMPTIONS
- Research Objectives
- Assumptions
- Abbreviations
2. MARKET PURVIEW
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Automotive VVT System Market, By Valve Train
- Global Automotive VVT System Market, By Vehicle Type
- Global Automotive VVT System Market, By Sales Channel
- Global Automotive VVT System Market, By Region
3. MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Automotive VVT System Market, By Valve Train, 2024-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Dual VVT
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Single VVT
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Continuously Variable Valve Timing (CVVT)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
5. Global Automotive VVT System Market, By Vehicle Type, 2024-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Passenger Cars
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Light Commercial Vehicles (LCVs)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Heavy Commercial Vehicles (HCVs)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Global Automotive VVT System Market, By Sales Channel, 2024-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Original Equipment Manufacturers (OEMs)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Aftermarket
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
7. Global Automotive VVT System Market, By Region, 2019 - 2031, Value (USD Bn)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2019 - 2031, Value (USD Bn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Valve Train, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Sales Channel , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Valve Train, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Sales Channel, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Valve Train, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Sales Channel, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Valve Train, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Sales Channel, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Valve Train, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Sales Channel, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Valve Train, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Sales Channel, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- South Africa
- North Africa
- Central Africa
8. COMPETITIVE LANDSCAPE
- Aisin Seiki Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Bosch (Robert Bosch GmbH)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Delphi Technologies
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Denso Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Eaton Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Halla Visteon Climate Control Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Hyundai Mobis
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- JTEKT Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Johnson Electric
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Mitsubishi Electric Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Nok Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Renesas Electronics Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Schaeffler AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Tenneco Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Valeo SA
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. References and Research Methodology
- References
- Research Methodology
- About us
