The automotive VVT system market comprises variable valve timing or variable valve train systems used in automobile engines to vary the timing of the intake and exhaust valves opening and closing. VVT systems help optimize performance, fuel efficiency, and emissions by enhancing torque, horsepower, and throttle response over a broad rpm range. There are two types of VVT systems — continuous VVT and discrete VVT. Major OEMs are incorporating more sophisticated VVT technologies like dual or multi-step VVT to comply with stringent emission norms.
Key Takeaways
Key players operating in the automotive VVT system are Aisin Seiki Co., Ltd., Bosch (Robert Bosch GmbH), Delphi Technologies, Denso Corporation, Eaton Corporation, Halla Visteon Climate Control Corporation, Hyundai Mobis. Second paragraph is talking about the growing demand in market and third paragraph is talking about global expansion of market.
Key players related content comprises key players related content (Key players operating in the automotive VVT system are Aisin Seiki Co., Ltd., Bosch (Robert Bosch GmbH), Delphi Technologies, Denso Corporation, Eaton Corporation, Halla Visteon Climate Control Corporation, Hyundai Mobis.) Second paragraph is talking about the growing demand in market and third paragraph is talking about global expansion of market.
Market Drivers:
The major driver Automotive VVT System Market Demand is the rising vehicle production across the globe. As per statistics, global passenger car production increased from around 69 million units in 2014 to over 79 million units in 2019. Strict emission regulations stipulated by governments worldwide have also compelled automakers to incorporate more efficient VVT systems in vehicles for improved engine performance and reduced emissions. Increasing demand for downsized turbocharged engines and fuel efficient technologies will further aid the demand for advanced automotive VVT systems over the forecast period.
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