Industry Background:
Variable valve actuation are used to provide flexibility to the engine’s valve train by enabling variable valve event timing, duration. It became more common in recent years as an effective technique for improving fuel economy and exhaust emissions. Its benefits are not limited to only engine output only, it include fuel economy and exhaust emissions. This market has strong potential in Asia-pacific regions due to more number of automobiles manufacturers’ presence.This growth is primarily driven by Increasing demand for fuel economy of engines
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | Million Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Auto Parts & Equipment sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Borgwarner (United States), Schaeffler (Germany), Hilite (United States), Aisin Seiki (Japan), Denso (Japan), Hitachi (Japan), Delphi (United Kingdom), Eaton (Ireland), Jiangsu Hailong (China) and Jacobs Vehicle Systems (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
BorgWarner acquired Remy International, a company that specialized in rotating electrical components and VVA technology. The acquisition gave BorgWarner access to Remy's VVA technology and helped the company expand its product offerings.
In Jul 2018, Jacobs Vehicle Systems announced the launch a new 2-step variable valve actuation system. This will help engine manufacturers further to improve fuel consumption and reduce tailpipe emissions, and also deliver range of many benefits.In this market, major players are focusing towards innovate their products to provide better fuel economy, improved braking power, and many more. This helps to improve in engine packaging, improved valvetrain dynamics. And also players are adopting organic and inorganic growth strategies improve their positions in market.
Regulatory Insights:
In the United States, the Environmental Protection Agency (EPA) sets emissions standards for light-duty vehicles, and these standards are becoming more stringent over time
Influencing Trend:
Increase demand of Gasoline Engine
Market Growth Drivers:
Increasing demand for fuel economy of engines and Rise in automobiles sales
Challenges:
VVA is the cost of development and implementation. The complexity of the system requires advanced engineering and design work, which can be costly for manufacturers. In addition, the use of VVA may require changes to other components in the engine, such as the camshaft, which can also increase costs.
Restraints:
VVA systems require precise engineering to operate correctly. If the system is not designed and manufactured to exact specifications, it may not be durable enough to withstand the high stresses and temperatures of engine operation. This can lead to premature failure of the system, which can be costly to repair.
Opportunities:
Strong opportunity in China region due to the highest consumption of variable valves
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Variable Valve Actuation Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Variable Valve Actuation Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Variable Valve Actuation players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Variable Valve Actuation Study Sheds Light on
The Variable Valve Actuation Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Variable Valve Actuation industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Variable Valve Actuation industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.