#VVT and Start-Stop System Market Analysis

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Impact of COVID-19 on VVT and Start-Stop System in the Automotive Industry

COVID-19 Impact on VVT and Start-Stop System in the Automotive Industry

Overview:

VVT and start-stop systems are systems in most modern cars that stop the engine when the vehicle is stationary or idling, reducing greenhouse gas emissions and fuel consumption. When the brake is released or the clutch is engaged, the engine is restarted. The VVT & start-stop system detects when the vehicle is stationary or out of gear and automatically stops it. The latest automotive innovations, such as intuitive infotainment, self-driving capabilities, and electrification, rely more on software quality, execution, and integration than on mechanical ingenuity. This transformation is occurring at such a rapid pace that automotive OEMs and other industry stakeholders are finding it difficult to keep up. The exorbitant cost of integrating and upgrading consumer features for various end services.

COVID-19 and the lockdown have certainly slowed down the business and economic pace across sectors. People have become more aware of the importance of clean energy and environmentally friendly alternatives as a result of the COVID-19 pandemic and lockdown. The main customer for the electric three-wheeler market is in Asia and South East Asia. It has also had an impact on the EV market, with NEV sales in China, the world's largest EV hub, reaching an all-time low. When the lockdown was announced, the Indian auto industry, which was already dealing with the BS-VI emission norms deadline, was dealt a double blow. India, the world's fourth-largest market, has ground to a halt, with all manufacturing operations halted under the guidance issued by the government. The pandemic has caused widespread disruption to supply bases, assembly plant closures, and a further shift to declining consumer demand. The reliance on Chinese imports, recent Bharat Stage VI Regulations (emission standards established by the government to primarily regulate the output of air pollutants from petrol and diesel vehicles), and restrictions on migrant laborer movement have all contributed to this situation.

China is the epicenter of the COVID-19 virus had put on hold the various business operating segment leading to a downfall for the sale of three-wheeler electric vehicles. People have also become more cost-conscious as essential items have become more important. The electric three-wheeler companies have been working hard for their customers during the lockdown period. With deliveries and lease becoming critical during the pandemic and the lockdown, the maker stepped up and made sure deliveries of essentials were done. In a nutshell, all of these factors would lead to an increase in the demand for EVs because they provide environmentally friendly alternatives as well as lower delivery costs.

For Instance,

The Indian automotive sector was already struggling Before the Covid-19 crisis. During 2019, it experienced an 18% decrease in overall growth.

Impact on Demand & Supply Chain:

During the short term, there could be difficulty in fundraising for startups in the mobility and battery compound segment. However, M&A/fund raising activities are likely to pick up in the medium and long term considering these startups are crucial for developing the EV sector.

The demand for three-wheelers for passenger transportation will remain low for the next two to three months, owing to lower movement of people in urban areas, a lack of preference for shared mobility, and the non-operation of mass transit such as metro and trains, which typically required three-wheelers for the last mile.

However, due to increased demand for e-commerce delivery, there is a significant increase in demand for three-wheelers designed for cargo, particularly electric ones. Electric three-wheelers are being introduced into cargo operations by e-commerce companies and their logistics divisions.

As people become more homebound in the "new normal," there is a greater demand for home delivery of everything from groceries to essentials to non-essentials, which is driving up demand for e-cargo fleets.

The people have become more aware of the importance of clean energy and environmentally friendly alternatives as a result of the COVID-19 pandemic and lockdown. People have also become more cost-conscious as essential items have become more important.

COVID had the greatest impact on three-wheeler sales, which fell from 140,683 units in fiscal 2020 to 88,378 units in fiscal 2021. Two- and four-wheelers, on the other hand, bucked the trend, registering impressive growth during the year, albeit from a small base.

The COVID-19 can have both favorable as well as unfavorable bearing on the EV segment with short to -mid-term favorable bearing includes Recent BSVI regulations increasing costs of petrol and diesel vehicles, making EVs possibly slightly more attractive, shift from the usage of public transport and shared mobility resulting in a surge in demand of two-wheelers including EV. An increase in demand from the rental/subscription model for EVs may also be possible. Whereas in the long term the favorable conditions include a shift in consumer mindsets toward eco-friendly vehicle models.

Steps to be taken by the vendor to boost the sale:

The EV vehicle maker has to form a business partnership with leading e-commerce companies like BigBasket, Ecom Express, Udaan, MilkBasket, and others that can help in providing electric mobility stack as a service. Fleet owners and ecommerce players have realized the benefits of EV for their inter-city movement.

In order to meet the increased demand for last-mile deliveries, the vendor should work on the software capabilities of the vehicle on the backend to enhance the capabilities of the battery pack with the controller to enable better range and load-bearing capacity for the vehicles.  Further, with essential practices of social distancing, the company realized that fleet owners will now need connected vehicles to manage their fleet. The company has been working around adding several software features on the backend that helps the fleet managers to streamline their operations and be prepared for eventualities. The vehicles should be inbuilt with new features for optimizing fleet operations with real-time updates, updates on battery operations, and preventive maintenance.

The Lack of retail finance is a factor that had a negative impact on sales for electric three-wheelers. Due to Covid-19, many financiers financing electric three-wheelers (E3Ws) faced difficulties in the recovery of the loans extended, as the passenger 3W movement had halted or drastically reduced during the lockdown. In fact, last-mile connectivity for public transport, such as metro trains and buses, has been a key driver of demand for e-rickshaws and when public transport had been shut, this has severely impacted the movement of E3W and earnings of the drivers. As a result, financiers have been in “recovery mode” and reluctant to extend new loans. Therefore, the role of financing should be the priority to boost the sale by the vendor

Conclusion:

COVID-19, though ravaged the automotive market in an unprecedented manner during April 2020, which was possibly the first time in history that car manufacturers clocked 'zero sales' but had some silver linings. In many ways, the valuation of EV startups could become more attractive in the short term compared to -pre-COVID-19 era.

The major auto players have announced an increase in spending on the EV segment. While COVID-19 might impact the lending capability of financial institutions in the short- to mid-term, funding from strategic tie-ups and investments could possibly increase to achieve the pre-set goals and targets. The pandemic has caused widespread disruption to supply bases, assembly plant closures, and a further shift to declining consumer demand. The reliance on Chinese imports, recent Bharat Stage VI Regulations (emission standards established by the government to primarily regulate the output of air pollutants from petrol and diesel vehicles), and restrictions on migrant laborer movement have all contributed to this situation.

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Latest Trends to Impel Automotive VVT & Start-Stop System Market’s Growth by 2030 – Robert Bosch GmbH, BorgWarner, Inc.

Latest Trends to Impel Automotive VVT & Start-Stop System Market’s Growth by 2030 – Robert Bosch GmbH, BorgWarner, Inc.

Asia Pacific region emerged as the largest market for the global automotive VVT & start-stop system market, with a 36.4% share of the market revenue in 2021. NEWARK, UNITED STATES, September 16, 2022 /EINPresswire.com/ — The Global Automotive VVT & Start-Stop System Market report recently published by the The Brainy Insights provides a detailed analysis of the market along with the availability…

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Who are the Active Players in VVT & Start-Stop System Market ?  “ VVT & Start-Stop System Market 2021 This Newly added report provided by Straits Research VVT & Start-Stop System market Presents an Analysis of Market Situation and Challenges. Experts have studied the historical data and compared it with the Current Market Situation- 2021. The Research Report covers all the necessary information…

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Variable Valve Timing (VVT) Market Synopsis and Highlights, Key Findings, Major Companies Analysis and Forecast to 2023

Global Variable Valve Timing (VVT) Market Information Report By Technology type , By fuel type By engine size , by application (Passenger Cars, Commercial Vehicles and Others) and By Region - Forecast To 2023

Market Synopsis:

Market Research Future (MRFR) notes that the global Variable Valve Timing (VVT) Market has observed significant growth in recent years and can achieve a CAGR of 7% during the forecast period (2017-2023).

Top Drivers and Primary Challenges

The global VVT market demand is continuously rising, mainly owing to the soaring demand for fuel economy of engines, along with power and torque. Several regulations with regard to emissions also boost demand for advanced VVT technology as it helps bring down emissions.

A number of law enforcement authorities now ensure that the automakers create engines that generate the lowest possible emissions, which is resulting in developments in the VVT technology. Moreover, the worldwide surge in automobile Market also works in favor of the VVT market.

Having said that, competing technologies like start-stop system give tough competition to the VVT technology in the market. However, rising inclination towards diesel operated passenger cars will ensure smooth progress of the market in the coming years. It is also believed that increasing household income and infrastructural developments can have a positive analysis on the variable valve timing market in the forthcoming years.

 Market Segmentation

The primary segments with respect to which the global Variable Valve Timing (VVT) Market has been described in the report include technology type, fuel type, engine size, and application.

The market, considering the technology, includes cam-phasing system, variable valve actuation systems, and others. Between these, cam phasing systems had been the leading segment in the market in 2016, revenue-wise. The segment’s top position in the market is the result of the simplicity and the ability to modify the timing of closing and opening in cam phasing systems.

Depending on the fuel type, the market caters to Diesel Variable Valve Timing Systems and Gasoline Variable Valve Timing Systems. The Gasoline Variable Valve Timing System segment can have significant growth over the assessment period, on account of the high demand for gasoline engines, given the rising production of passenger cars. In addition, boosted demand for luxury and semi-luxury vehicles in emerging countries like India, Brazil and China also propels the position of the segment.

In terms of the engine size, the Variable Valve Timing (VVT) Market includes compact size, full-size and mid-size.

Application-based segments in the Variable Valve Timing (VVT) Market are passenger cars, commercial vehicles, and others.

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 Regional Outlook

The regional study of the global Variable Valve Timing (VVT) Market includes North America, Europe, Asia Pacific (APAC), and also the Rest of the World (RoW).

The VVT market in North America is expected to gain the highest traction during the evaluation period. High Market of special utility vehicles as well as cross-over models, primarily in the passenger cars segment is one of the main drivers of the market growth in the region. The hike in the demand for fuel economy coupled with growing advancement of in-vehicle technologies also favors the regional market. Some additional factors that promote market growth in the region include depletion of oil reserves and rising need for fuel-efficient technologies.

Europe exhibits a host of attractive opportunities for growth and can have a remarkable growth during the projection period. The thriving automotive sector in the region has given way to numerous technological advancements. These advancements are most likely to have a profound effect on the growth trajectory of the Variable Valve Timing (VVT) Market in Europe. Over and above that, stringent regulations implemented by the European Union to maintain air quality will result in further market expansion in the years ahead.

APAC is touted to demonstrate the fastest growth in the global market, with backing from factors like emission norms levied by governments in India and China. Also, considerable investments by original equipment manufacturers in the manufacturing process of bigger cars that have advanced emission control equipment are believed to be a deciding factor in the fate of the market during the review period.

Top Players

Top players in the variable valve timing market are Hilite International, Inc. (U.S.), Robert Bosch GmbH (Germany), Eaton Corporation Plc (Republic of Ireland), Delphi Automotive System Inc (U.S.), Hitachi (Japan), Denso Corporation (Japan), Continental AG (Germany), Mitsubishi Electric Corporation (Japan), Perodua (Malaysia), Metaldyne Performance Group Inc. (U.S.), Aisin Seiki Co. Ltd (Japan), Johnson Controls, Inc. (Ireland), HUSCO International (U.S.), to name a few.

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VVT & Start-Stop Systems Market Size By Technology By Operating Principle By End-Use, Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2024 VVT & Start-Stop Systems Market Report The report offers an overview of the VVT & Start-Stop Systems with the help of application segments and geographical regions (United States, Europe, China, Japan, Southeast Asia, India, Central & South America, ROW) that govern the market currently.

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Value Development of VVT and Start-Stop System Market Trends During Forecast Period  2018-2025

KD Market research has presented a detailed report on  “VVT and Start-Stop System Market” which includes the major application, advantages, and key market trends that are fostering the growth of the market during the forecasted span of 6 years. The research takes a step forward and analyzes the key competitors and global regions that are holding the market share of VVT and Start-Stop System Market in terms of revenue.

Inlet and exhaust valves are used in an engine to control the movement of charge and exhaust gases in cylinders in relation to the piston positions. The process of changing the timing of valve open event to improve the fuel efficiency, vehicle performance, and reduce the emission of harmful gases in environment. Both inlet and exhaust ports are shaped to move upwards and downwards emerging from one or both sides of the cylinder head. Start-stop system is a technology that shuts down the working of an engine when the vehicle is idle and restarts the internal combustion when the accelerator is engaged to improve fuel efficiency and thus, prevent unnecessary fuel combustion.

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The VVT and start-stop systems market has witnessed growth over years owing to increased demand for fuel-efficient vehicles.

The global VVT and start-stop systems market is segmented based on camshaft type, starter type, fuel type, and region. Duel overhead camshaft (DOHC) and single overhead camshaft are studied under the camshaft segment. Based on starter type, the market is segregated into belt-driven alternator starter, enhanced starter, direct starter, and integrated starter generator. Based on fuel type, it is divided into gasoline, diesel, and electric. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players analyzed in the VVT and start-stop systems market include Continental AG, Mitsubishi Electric Corporation, Robert Bosch Gmbh, Delphi Automotive PLC, Denso Corporation, Borgwarner Inc., Valeo S.A., Johnson Controls, Inc, Hitachi Ltd., and Aisin Seiki Co. Ltd.

Key Benefits for VVT And Start-Stop System Market:

– This study comprises the analytical depiction of the global VVT and start-stop systems market along with the current trends and future estimations to depict the imminent investment pockets.

– The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.

– The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.

– The current market is quantitatively analyzed from 2018 to 2025 to highlight the financial competency of the market.

– Porter’s five forces analysis illustrates the potency of the buyers and suppliers.

VVT And Start-Stop System Key Market Segments:

By Camshaft Type – DOHC, SOHC

By Starter Type –  Belt-Driven Alternator Starter, Enhanced Starter,  Direct Starter, Integrated Starter Generator

By Fuel Type  –  Gasoline, Diesel, Electric

By Region  – North America - U.S., Canada, Mexico

Europe – UK, Germany,  France, Italy, Rest of Europe,

Asia-Pacific – China,  Japan, India,  Australia, Rest of Asia-Pacific

LAMEA – Latin America, Middle East, Africa

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Table of Content

CHAPTER 1: INTRODUCTION

1.1. Report description 1.2. Key benefits for stakeholders 1.3. Key market segments 1.4. Research methodology

1.4.1. Primary research 1.4.2. Secondary research 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope 3.2. Key findings

3.2.1. Top impacting factors 3.2.2. Top investment pockets 3.2.3. Top winning strategies

3.3. Porters five forces analysis 3.4. Market share analysis (2017) 3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Increase in demand for Fuel-Efficient vehicle 3.5.1.2. Stringent government rules for emission 3.5.1.3. Rise in demand for hybrid vehicle

3.5.2. Restraints

3.5.2.1. High cost of start stop system 3.5.2.2. Wear of engine due to increase in start-stop cycle

3.5.3. Opportunities

3.5.3.1. Production of Start/stop system for bikes 3.5.3.2. Government initiatives for emission reduction in developing nations.

CHAPTER 4: VVT & START-STOP SYSTEMS MARKET, BY CAMSHAFT TYPE

4.1. Overview 4.2. DUAL OVERHEAD CAMSHAFT

4.2.1. Key market trends, growth factors and opportunities 4.2.2. Market size and forecast, by region 4.2.3. Market analysis by country

4.3. SINGLE OVERHEAD CAMSHAFT

4.3.1. Key market trends, growth factors, and opportunities 4.3.2. Market size and forecast, by region 4.3.3. Market analysis by country

CHAPTER 5: VVT & START-STOP SYSTEMS MARKET, BY STARTER TYPE

5.1. Overview 5.2. Belt-Driven Alternator Starter

5.2.1. Key market trends, growth factors and opportunities 5.2.2. Market size and forecast, by region 5.2.3. Market analysis by country

5.3. Enhanced Starter

5.3.1. Key market trends, growth factors, and opportunities 5.3.2. Market size and forecast, by region 5.3.3. Market analysis by country

5.4. Direct Starter

5.4.1. Key market trends, growth factors, and opportunities 5.4.2. Market size and forecast, by region 5.4.3. Market analysis by country

5.5. Integrated Starter Generator

5.5.1. Key market trends, growth factors, and opportunities 5.5.2. Market size and forecast, by region 5.5.3. Market analysis by country

CHAPTER 6: VVT & START-STOP SYSTEMS MARKET, BY FUEL TYPE

6.1. Overview 6.2. Gasoline

6.2.1. Key market trends, growth factors and opportunities 6.2.2. Market size and forecast, by region 6.2.3. Market analysis by country

6.3. Diesel

6.3.1. Key market trends, growth factors, and opportunities 6.3.2. Market size and forecast, by region 6.3.3. Market analysis by country

6.4. Electric

6.4.1. Key market trends, growth factors, and opportunities 6.4.2. Market size and forecast, by region 6.4.3. Battery Electric Vehicle 6.4.4. Hybrid Electric Vehicle, 6.4.5. Plug-in Hybrid Electric Vehicle 6.4.6. Market analysis by country

CHAPTER 7: VVT & START-STOP SYSTEMS MARKET, BY REGION

7.1. Overview 7.2. North America

7.2.1. Key market trends, growth factors, and opportunities 7.2.2. Market size and forecast, by Camshaft type 7.2.3. Market size and forecast, by Starter Type 7.2.4. Market size and forecast, by Fuel Type 7.2.5. Market analysis by country

7.2.5.1. U.S.

7.2.5.1.1. Market size and forecast, by Camshaft type 7.2.5.1.2. Market size and forecast, by Starter Type 7.2.5.1.3. Market size and forecast, by Fuel Type

7.2.5.2. Canada

7.2.5.2.1. Market size and forecast, by Camshaft type 7.2.5.2.2. Market size and forecast, by Starter Type 7.2.5.2.3. Market size and forecast, by Fuel Type

7.2.5.3. Mexico

7.2.5.3.1. Market size and forecast, by Camshaft type 7.2.5.3.2. Market size and forecast, by Starter Type 7.2.5.3.3. Market size and forecast, by Fuel Type

7.3. Europe

7.3.1. Key market trends, growth factors, and opportunities 7.3.2. Market size and forecast, by Camshaft type 7.3.3. Market size and forecast, by Starter Type 7.3.4. Market size and forecast, by Fuel Type 7.3.5. Market analysis by country

7.3.5.1. UK

7.3.5.1.1. Market size and forecast, by Camshaft type 7.3.5.1.2. Market size and forecast, by Starter Type 7.3.5.1.3. Market size and forecast, by Fuel Type

7.3.5.2. Germany

7.3.5.2.1. Market size and forecast, by Camshaft type 7.3.5.2.2. Market size and forecast, by Starter Type 7.3.5.2.3. Market size and forecast, by Fuel Type

7.3.5.3. France

7.3.5.3.1. Market size and forecast, by Camshaft type 7.3.5.3.2. Market size and forecast, by Starter Type 7.3.5.3.3. Market size and forecast, by Fuel Type

7.3.5.4. Italy

7.3.5.4.1. Market size and forecast, by Camshaft type 7.3.5.4.2. Market size and forecast, by Starter Type 7.3.5.4.3. Market size and forecast, by Fuel Type

7.3.5.5. Rest of Europe

7.3.5.5.1. Market size and forecast, by Camshaft type 7.3.5.5.2. Market size and forecast, by Starter Type 7.3.5.5.3. Market size and forecast, by Fuel Type

7.4. Asia-Pacific

7.4.1. Key market trends, growth factors, and opportunities 7.4.2. Market size and forecast, by Camshaft type 7.4.3. Market size and forecast, by Starter Type 7.4.4. Market size and forecast, by Fuel Type 7.4.5. Market analysis by country

7.4.5.1. China

7.4.5.1.1. Market size and forecast, by Camshaft type 7.4.5.1.2. Market size and forecast, by Starter Type 7.4.5.1.3. Market size and forecast, by Fuel Type

7.4.5.2. Japan

7.4.5.2.1. Market size and forecast, by Camshaft type 7.4.5.2.2. Market size and forecast, by Starter Type 7.4.5.2.3. Market size and forecast, by Fuel Type

7.4.5.3. India

7.4.5.3.1. Market size and forecast, by Camshaft type 7.4.5.3.2. Market size and forecast, by Starter Type 7.4.5.3.3. Market size and forecast, by Fuel Type

7.4.5.4. Australia

7.4.5.4.1. Market size and forecast, by Camshaft type 7.4.5.4.2. Market size and forecast, by Starter Type 7.4.5.4.3. Market size and forecast, by Fuel Type

7.4.5.5. Rest of Asia-Pacific

7.4.5.5.1. Market size and forecast, by Camshaft type 7.4.5.5.2. Market size and forecast, by Starter Type 7.4.5.5.3. Market size and forecast, by Fuel Type

7.5. LAMEA

7.5.1. Key market trends, growth factors, and opportunities 7.5.2. Market size and forecast, by Camshaft type 7.5.3. Market size and forecast, by Starter Type 7.5.4. Market size and forecast, by Fuel Type 7.5.5. Market analysis by country

7.5.5.1. Latin America

7.5.5.1.1. Market size and forecast, by Camshaft type 7.5.5.1.2. Market size and forecast, by Starter Type 7.5.5.1.3. Market size and forecast, by Fuel Type

7.5.5.2. Middle East

7.5.5.2.1. Market size and forecast, by Camshaft type 7.5.5.2.2. Market size and forecast, by Starter Type 7.5.5.2.3. Market size and forecast, by Fuel Type

7.5.5.3. Africa

7.5.5.3.1. Market size and forecast, by Camshaft type 7.5.5.3.2. Market size and forecast, by Starter Type 7.5.5.3.3. Market size and forecast, by Fuel Type

CHAPTER 8: COMPANY PROFILES

8.1. Aisin Seiki Co., Ltd.

8.1.1. Company overview 8.1.2. Company snapshot 8.1.3. Operating business segments 8.1.4. Product portfolio 8.1.5. Business performance

8.2. BorgWarner Inc.

8.2.1. Company overview

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United States VVT & Start-Stop Systems Market Report 2017

United States VVT & Start-Stop Systems Market Report 2017

Get Market Research publishes the following report: United States VVT & Start-Stop Systems Market Report 2017

In this report, the United States VVT & Start-Stop Systems market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.

Date Published: 2017-11-30 00:00:00

Pages: 112

Category: Automotive

Geographic…

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Latest Report: VVT & Start-Stop Systems Market Analysis and Outlook to 2022

Latest Report: VVT & Start-Stop Systems Market Analysis and Outlook to 2022

Access Full Report @ https://www.reportsandmarkets.com/reports/global-and-europe-vvt-start-stop-systems-market-analysis-and-outlook-to-2022-1503733 This report presents a comprehensive overview of the VVT & Start-Stop Systems market in Europe, which shares the history data information from 2012 to 2016, and forecast from 2017 to 2022. This report provides a detailed analysis of the market,…

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VVT and Start-Stop Systems Market – Global Industry Analysis and Forecast (2017-2024) - Markets Gazette

VVT and Start-Stop Systems Market – Global Industry Analysis and Forecast (2017-2024)  Markets Gazette http://dlvr.it/RF4PLp