World News: 11:23 GMT Tuesday 14th January 2020. [Research and Markets via Globe Newswire via SPi World News]
Dublin, Jan. 14, 2020 (GLOBE NEWSWIRE) -- The report has been added to offering.The VVT & Start-Stop System market is projected to reach USD 85.2 billion by 2027 from USD 54.7 billion in 2019, with a CAGR of 5.7%. In terms of volume, the VVT & Start-Stop System market is expected to reach 142 million units in 2019 and 234 million units by 2027, with a CAGR of 6.4%.The VVT & start-stop system market comprises major manufacturers such as such as Continental AG (Germany), Denso Corporation (Japan), Delphi Technologies (UK), BorwWarner Inc. (US), Robert Bosch GmbH (Germany), and Hitachi Ltd. (Japan).
The major factors responsible for this region's growth include increasing demand for fuel-saving technologies like turbocharging and VVT & start-stop system. In addition, improving socio-economic conditions in countries such as India, Thailand, and Indonesia have resulted in the growth of the demand for premium passenger cars. This, in turn, has accelerated the market for VVT & start-stop systems in these countries.The function such as automatic start-stop system can save up to fuel and reduce CO2 emissions. This technology is used in a direct-injected internal combustion engine to enable its instant restart. The technology keeps the piston in an optimal position when the vehicle stops, so that instant restart of the engine is possible by injecting fuel into the cylinder. Measurements taken in the New European Driving Cycle (NEDC) proved engine efficiency and fuel savings of up to 5-8%. The direct starter technology holds the largest market in the start-stop systems due to its presence in conventional engines.
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Globe Newswire: 11:23 GMT Tuesday 14th January 2020
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