[324 Pages Report] The global VVT actuators market size is anticipated to be valued at US$ 2,134.3 Million in 2022 and is projected to surpass US$ 3,630 Million by 2032. The demand for VVT actuators is projected to rise at a steady CAGR of 5.5% during the forecast period.
The VVT actuators market share is anticipated to grow as they enable mechanisms like advancing or retarding valve timings, changing or overlapping valves, and in some situations, even lifting valves. VVT solenoid actuator aids in many ways. For example, it precisely changes the opening and closing timing of the intake and exhaust valves in accordance with the demands of driving conditions. Due to these factors, the sales of VVT actuators are rising rapidly over the forecast period.
VVT actuators regulate VVT actuator symptoms valve timing and greatly enhance fuel efficiency and reduce emissions. These actuators commonly use oil pressure and hydraulics to adjust the position of a phaser mechanism. As a result of the rising demand, VVT actuator replacement cost is anticipated to rise during 2022-2032.
| Attribute | Details |
|---|---|
| VVT Actuators Market Value (2022) | US$ 2,134.3 Million |
| VVT Actuators Market Anticipated Value (2032) | US$ 3,630.0 Million |
| VVT Actuators Projected Growth Rate (2022 to 2032) | 5.5% |
The VVT actuators market research suggests that Problems related to engine performance or valve timing-related fault codes are resolved with the help of VVT actuators. Without the necessary equipment, such conditions might be difficult to diagnose. Variable valve timing (VVT) actuators help to improve the engine's volumetric efficiency and reduce the number of exhaust gases the car produces. Due to these factors, the demand for VVT actuators is projected to witness a sharp rise throughout the forecast period.
Manufacturers of VVT actuators are continuously trying to make their products long-lasting so that technicians can activate a variable valve timing actuator using an actuator test and then listen for changes in the engine's auditory note and/or speed.
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Rising automation in the automotive industry is one of the primary factors driving the sales of VVT actuators. Over the projection period, it is anticipated that the global automotive market is poised to grow steadily due to increased disposable income. As a result of this, it is projected that a sizable portion of demand for VVT actuators is anticipated to come from emerging economies.
The VVT actuators market size is anticipated to rise due to the growing emphasis on enhancing fuel efficiency and implementing automation for improved control. Furthermore, the demand is rising as a result of the increased use of VVT actuators by regional and local automakers. The sales of VVT actuator is likely to witness swift growth as many nations are likely to make it mandatory for VVT actuators to be used in passenger cars due to rising fuel efficiency. This factor is likely to have a positive impact on the global VVT actuators market.
Additionally, the demand for VVT actuators has increased with the development of autonomous automobiles, and this factor is anticipated to drive the global VVT actuators market throughout the forecast period. The rising cost of VVT Actuators, however, keeps the technology limited to expensive cars.
During the Actuator Test, Normal Idle
The waveform can be used to verify the proper operation of the variable valve timing circuit mechanically, hydraulically, and electrically. VVT actuators are essential for testing the engine's dynamic valve timing, which is another factor anticipated to boost the demand during the forecast period.
Tests of In-Cylinder Pressure
With the engine running, the in-cylinder conditions can be examined using a pressure transducer. This test can check the valve timing and look for problems with cylinder sealing.
Principal Consultant
During the forecast period, North America is expected to hold the second largest share of 12.0% in the global VVT actuators market. The growth in the region is owing to the presence of some of the most cutting-edge automotive automation technology and the high rate of technological adoption.
Demand for VVT actuators in the USA is predicted to soar by the conclusion of the projection period as more businesses enter the autonomous vehicle market. Furthermore, it is anticipated that over the projection period, Latin America is projected to increase its demand for automobiles, which is likely to increase the region's sales of VVT actuators.
Europe is projected to hold the largest share of 22% in the VVT actuators market during the forecast period. Due to the presence of some of the most well-known manufacturers in this region, the demand for VVT actuators has increased. The majority of passenger buses and cars in the European areas have VVT actuators, which encourage fuel efficiency.
Furthermore, VVT Actuators are witnessing high demand in Eastern Europe, not just from the automotive and marine industries but also from the aerospace industry.
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Installing twin VVT actuators in compact-size passenger car engines is one of the most recent innovations that are likely to take off in the global VVT actuators market. The startups in the VVT actuators market are concentrating on giving tiny-size cars dual VVT systems in order to increase their fuel efficiency and engine power output.
Furthermore, OEMs are increasingly working on downsizing engines to lower the overall curb weight and increase mileage numbers as customers are being compelled by fluctuating fuel prices to purchase fuel-efficient vehicles. In the forecast period, the VVT actuators market is projected to expand as a result of consumer demand for fuel-efficient automobiles since dual VVT systems provide a lightweight, affordable solution for increasing fuel efficiency and controlling emissions.
Few well-known companies dominate the global VVT actuators market. The major players in the market are concentrating on expanding their clientele and boosting their R&D expenditures. The level of competition in the market is likely to increase due to advancements in technology and governmental laws.
The majority of market developments are a result of the increase in sales of mid and full-size passenger cars, and manufacturers are gradually adding cruise control and VVT systems with the help of VVT actuators to compact cars to boost their performance and fuel economy.
The key market players profiled in the report include Mikuni American Corporation, Autorun, Delphi Automotive LLP, Mitsubishi Electric Corporation, Metal Seal Precision, Ltd., and Zhejiang DiMa Vehicle Industry Company.
Recent Developments in the VVT Actuators Market:
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 5.5% from 2022 to 2032 |
| Base Year for Estimation | 2022 |
| Historical Data | 2016 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in US$ million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
The VVT actuators market is predicted to register a CAGR of 5.5% from 2022-to 2032.
Europe is anticipated to lead the VVT actuators market during the forecast period.
The VVT actuators market is likely to hold a valuation of US$ 3,630.0 Mn by 2032.
Intake side segment dominates VVT actuators market.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global VVT Actuators Market Analysis 2017-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021 4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global VVT Actuators Market Analysis 2017-2021 and Forecast 2022-2032, By Placement Side 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Placement Side, 2017-2021 5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Placement Side, 2022-2032 5.3.1. Intake Side 5.3.2. Exhaust Side 5.3.3. Others 5.4. Y-o-Y Growth Trend Analysis By Placement Side, 2017-2021 5.5. Absolute $ Opportunity Analysis By Placement Side, 2022-2032 6. Global VVT Actuators Market Analysis 2017-2021 and Forecast 2022-2032, By Implementation method 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Implementation method, 2017-2021 6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Implementation method, 2022-2032 6.3.1. Cam Switching 6.3.2. Cam Phasing 6.3.3. Oscillating Cam 6.3.4. Eccentric cam drive 6.3.5. Three-dimensional cam lobe 6.3.6. Two shaft combined cam lobe profile 6.3.7. Coaxial two shaft combined cam lobe profile 6.3.8. Helical camshaft 6.3.9. Camless engines 6.4. Y-o-Y Growth Trend Analysis By Implementation method, 2017-2021 6.5. Absolute $ Opportunity Analysis By Implementation method, 2022-2032 7. Global VVT Actuators Market Analysis 2017-2021 and Forecast 2022-2032, By End-Use 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By End-Use, 2017-2021 7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By End-Use, 2022-2032 7.3.1. Automotive 7.3.2. Aerospace & Avionics 7.3.3. Marine 7.3.4. Others 7.4. Y-o-Y Growth Trend Analysis By End-Use, 2017-2021 7.5. Absolute $ Opportunity Analysis By End-Use, 2022-2032 8. Global VVT Actuators Market Analysis 2017-2021 and Forecast 2022-2032, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021 8.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. Asia Pacific 8.3.5. MEA 8.4. Market Attractiveness Analysis By Region 9. North America VVT Actuators Market Analysis 2017-2021 and Forecast 2022-2032, By Country 9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. U.S. 9.2.1.2. Canada 9.2.2. By Placement Side 9.2.3. By Implementation method 9.2.4. By End-Use 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Placement Side 9.3.3. By Implementation method 9.3.4. By End-Use 9.4. Key Takeaways 10. Latin America VVT Actuators Market Analysis 2017-2021 and Forecast 2022-2032, By Country 10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Placement Side 10.2.3. By Implementation method 10.2.4. By End-Use 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Placement Side 10.3.3. By Implementation method 10.3.4. By End-Use 10.4. Key Takeaways 11. Europe VVT Actuators Market Analysis 2017-2021 and Forecast 2022-2032, By Country 11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. U.K. 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By Placement Side 11.2.3. By Implementation method 11.2.4. By End-Use 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Placement Side 11.3.3. By Implementation method 11.3.4. By End-Use 11.4. Key Takeaways 12. Asia Pacific VVT Actuators Market Analysis 2017-2021 and Forecast 2022-2032, By Country 12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.1.4. Malaysia 12.2.1.5. Singapore 12.2.1.6. Australia 12.2.1.7. New Zealand 12.2.1.8. Rest of APAC 12.2.2. By Placement Side 12.2.3. By Implementation method 12.2.4. By End-Use 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Placement Side 12.3.3. By Implementation method 12.3.4. By End-Use 12.4. Key Takeaways 13. MEA VVT Actuators Market Analysis 2017-2021 and Forecast 2022-2032, By Country 13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. GCC Countries 13.2.1.2. South Africa 13.2.1.3. Israel 13.2.1.4. Rest of MEA 13.2.2. By Placement Side 13.2.3. By Implementation method 13.2.4. By End-Use 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Placement Side 13.3.3. By Implementation method 13.3.4. By End-Use 13.4. Key Takeaways 14. Key Countries VVT Actuators Market Analysis 14.1. U.S. 14.1.1. Pricing Analysis 14.1.2. Market Share Analysis, 2021 14.1.2.1. By Placement Side 14.1.2.2. By Implementation method 14.1.2.3. By End-Use 14.2. Canada 14.2.1. Pricing Analysis 14.2.2. Market Share Analysis, 2021 14.2.2.1. By Placement Side 14.2.2.2. By Implementation method 14.2.2.3. By End-Use 14.3. Brazil 14.3.1. Pricing Analysis 14.3.2. Market Share Analysis, 2021 14.3.2.1. By Placement Side 14.3.2.2. By Implementation method 14.3.2.3. By End-Use 14.4. Mexico 14.4.1. Pricing Analysis 14.4.2. Market Share Analysis, 2021 14.4.2.1. By Placement Side 14.4.2.2. By Implementation method 14.4.2.3. By End-Use 14.5. Germany 14.5.1. Pricing Analysis 14.5.2. Market Share Analysis, 2021 14.5.2.1. By Placement Side 14.5.2.2. By Implementation method 14.5.2.3. By End-Use 14.6. U.K. 14.6.1. Pricing Analysis 14.6.2. Market Share Analysis, 2021 14.6.2.1. By Placement Side 14.6.2.2. By Implementation method 14.6.2.3. By End-Use 14.7. France 14.7.1. Pricing Analysis 14.7.2. Market Share Analysis, 2021 14.7.2.1. By Placement Side 14.7.2.2. By Implementation method 14.7.2.3. By End-Use 14.8. Spain 14.8.1. Pricing Analysis 14.8.2. Market Share Analysis, 2021 14.8.2.1. By Placement Side 14.8.2.2. By Implementation method 14.8.2.3. By End-Use 14.9. Italy 14.9.1. Pricing Analysis 14.9.2. Market Share Analysis, 2021 14.9.2.1. By Placement Side 14.9.2.2. By Implementation method 14.9.2.3. By End-Use 14.10. China 14.10.1. Pricing Analysis 14.10.2. Market Share Analysis, 2021 14.10.2.1. By Placement Side 14.10.2.2. By Implementation method 14.10.2.3. By End-Use 14.11. Japan 14.11.1. Pricing Analysis 14.11.2. Market Share Analysis, 2021 14.11.2.1. By Placement Side 14.11.2.2. By Implementation method 14.11.2.3. By End-Use 14.12. South Korea 14.12.1. Pricing Analysis 14.12.2. Market Share Analysis, 2021 14.12.2.1. By Placement Side 14.12.2.2. By Implementation method 14.12.2.3. By End-Use 14.13. Malaysia 14.13.1. Pricing Analysis 14.13.2. Market Share Analysis, 2021 14.13.2.1. By Placement Side 14.13.2.2. By Implementation method 14.13.2.3. By End-Use 14.14. Singapore 14.14.1. Pricing Analysis 14.14.2. Market Share Analysis, 2021 14.14.2.1. By Placement Side 14.14.2.2. By Implementation method 14.14.2.3. By End-Use 14.15. Australia 14.15.1. Pricing Analysis 14.15.2. Market Share Analysis, 2021 14.15.2.1. By Placement Side 14.15.2.2. By Implementation method 14.15.2.3. By End-Use 14.16. New Zealand 14.16.1. Pricing Analysis 14.16.2. Market Share Analysis, 2021 14.16.2.1. By Placement Side 14.16.2.2. By Implementation method 14.16.2.3. By End-Use 14.17. GCC Countries 14.17.1. Pricing Analysis 14.17.2. Market Share Analysis, 2021 14.17.2.1. By Placement Side 14.17.2.2. By Implementation method 14.17.2.3. By End-Use 14.18. South Africa 14.18.1. Pricing Analysis 14.18.2. Market Share Analysis, 2021 14.18.2.1. By Placement Side 14.18.2.2. By Implementation method 14.18.2.3. By End-Use 14.19. Israel 14.19.1. Pricing Analysis 14.19.2. Market Share Analysis, 2021 14.19.2.1. By Placement Side 14.19.2.2. By Implementation method 14.19.2.3. By End-Use 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Placement Side 15.3.3. By Implementation method 15.3.4. By End-Use 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. Mitsubishi Electric Corporation 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.1.5.2. Product Strategy 16.1.1.5.3. Channel Strategy 16.1.2. Camcraft, Inc. 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.2.5.2. Product Strategy 16.1.2.5.3. Channel Strategy 16.1.3. Metal Seal Precision, Ltd. 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.3.5.2. Product Strategy 16.1.3.5.3. Channel Strategy 16.1.4. Mikuni American Corporation 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.4.5.2. Product Strategy 16.1.4.5.3. Channel Strategy 16.1.5. Zhejiang DiMa Vehicle Industry Company 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.5.5.2. Product Strategy 16.1.5.5.3. Channel Strategy 16.1.6. Autorun 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.6.5.2. Product Strategy 16.1.6.5.3. Channel Strategy 16.1.7. GOGO Automatic Company Ltd 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.7.5.2. Product Strategy 16.1.7.5.3. Channel Strategy 16.1.8. Delphi Automotive LLP 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.8.5.2. Product Strategy 16.1.8.5.3. Channel Strategy 16.1.9. DiMa Vehicle Industry 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.9.5.2. Product Strategy 16.1.9.5.3. Channel Strategy 16.1.10. Johnson Controls, Inc. 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 16.1.10.5.2. Product Strategy 16.1.10.5.3. Channel Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
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VVT Actuators Market
