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Variable Valve Timing Market and Start-Stop Systems is poised to grow up to 88.8 Million units and $9.8 Billion by 2018 - New Report by MarketsandMarkets
Date:8/23/2013

The market conditions in the region have stabilized after the recent meltdown and presents opportunities for the late entrants in the market to capitalize on the weakened conditions.

Asia-Pacific: Injecting volumes into the market

The Asia-Pacific region is the largest automobile producing region in the world with more than 34 million passenger cars produced in the region over the year 2012. This figure is expected to reach 56 million by the end of 2018. The region is constituted mainly of developing nations with demand for low-cost vehicles. Thus, the market for VVT systems in the region is dominated by the cam-phasing units.

The start-stop systems market in the region is expected to be heavily dominated by the enhanced starter generator technology accounting for a majority share. The VVT & start-stop systems market revenue in the Asia-Pacific region is estimated to grow at highest CAGR of 15.94% from 2013 to 2018. Asia-Pacific is a region where the technology’s penetrations are low but due to the enormous size of the target industry in the region, Asia-Pacific emerges as the market driver. The Asia-Pacific market is driven majorly by the demand for small fuel-efficient cars that are not only easy on the pocket when purchased, but also come with low running costs and both VVT & start-stop systems can find application in these conditions and hence high volume and revenue growth is expected from the region.

North-America: Small but fast

The North-American market is a fast paced market for both the technologies. The market for VVT systems in the region stands at par with its European counterpart while that for start-stop systems is lower. The region represents a market of opportunity with the economy gaining back its glory after the recession. Mexico has proven to be a dream destination for most companies willing to enter the Latin American market. The country has become the hub from where many companies are catering to
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