Latest News- Automotive Dual Variable Valve Timing Market: Passenger cars is expected to lead the Application segment during 2024-2028

The Automotive Dual Variable Valve Timing Market is being driven by Increasing demand for fuel-efficient vehicles

The Automotive Dual Variable Valve Timing Market is expected to grow at a CAGR of 6.69% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 13383 million. In the global automotive market, the adoption of electric dual variable valve timing (eDVVT) technology is a significant trend. eDVVT represents a groundbreaking advancement in the realm of variable cam timing, offering automakers a more efficient and dynamic solution compared to traditional hydraulic DVVT systems. eDVVT systems provide precise control over valve timing through the use of electric actuators, resulting in enhanced engine performance and improved fuel efficiency. This technology enables faster and more accurate adjustments to valve timing, optimizing engine combustion and minimizing energy losses. The adoption of eDVVT technology is poised to revolutionize the automotive industry by delivering superior engine performance and fuel efficiency. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Passenger cars
  • Commercial vehicles
• Type
  • Hydraulic cam phaser
  • Electric cam phaser
• Geography
  • APAC
    • China
    • Japan
  • Europe
    • Germany
    • France
  • North America
    • US
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing demand for fuel-efficient vehicles
• Adoption of stringent emission regulations globally
• Growing demand for performance-oriented vehicles

However, the market also witnesses some limitations, which are as follows:

• Increasing focus on adoption of EVs globally
• Declining demand for diesel vehicles
• Compatibility and integration issues associated with dual VVT systems

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Market Scope in Automotive Dual Variable Valve Timing Market Research Report

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Research Analysis Overview

The Automotive Dual Variable Valve Timing (VVT) market encompasses the use of advanced VVT systems in gasoline and petrol-powered passenger vehicles and commercial vehicles, as well as battery-powered electric vehicles. These systems reduce emissions of greenhouse gases, such as methane and carbon dioxide, by optimizing valve operation during idling and light acceleration. Regulatory bodies mandate their use in passenger cars and light commercial vehicles. VVT systems include cam-phasing and cam-phasing plus changing, and are applied in both diesel and gasoline engines to enhance efficiency. Start-stop systems are also integrated with VVT technology to further minimize emissions.

Market Research Overview

The global automotive components and equipment market encompasses businesses producing parts and accessories for various vehicle types, including passenger cars (PCs), electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. According to Technavio, market size is determined by the consolidated revenue of automotive components and equipment manufacturers. Factors fueling growth in this sector include the rising demand for electronic components in automobiles, such as electronic control units (ECUs), due to the increasing sales of EVs, motorcycles, and PCs, as well as regulatory pressures to reduce greenhouse gas emissions through technologies like Dual Variable Valve Timing (VVT) systems in gasoline and petrol engines, and the adoption of battery-powered vehicles to decrease methane and carbon dioxide emissions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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