DUBLIN--(BUSINESS WIRE)--The "Automotive Variable Valve Timing Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The Automotive Variable Valve Timing market is anticipated to register a CAGR of about 7%, during the forecast period (2020 - 2025).
Companies Mentioned
- Denso
- Schaeffler
- Delphi
- Hitachi Automotive
- Valeo
- Eaton
- Borgwarner
- Aisin Seiki
- Bosch
Key Market Trends
Increasing Adaption of Electric Vehicles is a Restraint for the Market
Due to increasing global pollution levels across the world and government giving financial benefits to those who are purchasing Electric vehicles, end users are preferring electric vehicles over gasoline engines which use Variable valve timing. Also, the maintenance cost of internal combustion engines is also a reason why people are switching to electric vehicles. Sales of electric vehicles grew at a CAGR of 53% over the period of 2012-2018.
The governments around the world are providing incentives for EV sales and are also spending heavily on increasing the necessary infrastructure for charging stations. For instance, the Norway government provides exemption of road tax, no import and export tax, exemption from 25% VAT for electric vehicles adopters and others. The Norway government aims at 100% EVs on roads by 2025.
Asia-Pacific is Expected to be the Fastest Growing Region
Asia-pacific accounts for almost 60% of the world's population and hence, the demand for vehicles is expected to be the highest in the region for the forecasted period. Also, the government regulations are becoming strict in the region. For instance, BS-VI standards have been enforced by Govt. of India to regulate the expelled pollutants from motor vehicles.
With considerable expectation of sales during the forecast period in the region, it is expected that people will prefer cars with advanced technology because the area consists of two major developing nations India and China.
The income level of people is also increasing in the region, so people are more inclining towards technological advanced vehicles. The players in the region are investing heavily in research and development to provide OEMs with products that enhance the engine performance and increases the fuel efficiency of the engine. For instance, in April 2018, BorgWarner developed variable cam timing system that delivers improved engine efficiency and fuel economy for the new Hyundai Gamma engine.
Key Topics Covered:
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porters Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Phaser Type
5.1.1 Hydraulic Cam Phaser
5.1.2 Electric Cam Phaser
5.2 Vehicle Type
5.2.1 Passenger Cars
5.2.2 Commercial vehicles
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Rest of North America
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 India
5.3.3.2 China
5.3.3.3 Japan
5.3.3.4 South Korea
5.3.3.5 Rest of Asia-Pacific
5.3.4 Rest of the World
5.3.4.1 Brazil
5.3.4.2 Mexico
5.3.4.3 United Arab Emirates
5.3.4.4 Other Countries
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Denso
6.2.2 Schaeffler
6.2.3 Delphi
6.2.4 Hitachi Automotive
6.2.5 Valeo
6.2.6 Eaton
6.2.7 Borgwarner
6.2.8 Aisin Seiki
6.2.9 Bosch
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/75jasw
