Automotive Variable Valve Timing (VVT) and Start-Stop System Global Market Report 2022: Market is Expected to Grow to $81.03 Billion in 2026 – Long-term Forecast to 2031 – ResearchAndMarkets.com
[Staff, 2022-12-20 04:03:00,
DUBLIN–(BUSINESS WIRE)–The “Automotive Variable Valve Timing (VVT) and Start-Stop System Global Market Report 2022: Ukraine-Russia War Impact” report has been added to ResearchAndMarkets.com’s offering.
The global automotive variable valve timing (VVT) and start-stop system market is expected to grow from $37.97 billion in 2021 to $40.63 billion in 2022 at a compound annual growth rate (CAGR) of 7.0%.
The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe.
The automotive variable valve timing (VVT) and start-stop system market is expected to grow to $81.03 billion in 2026 at a CAGR of 18.8%.
The automotive variable valve timing (VVT) and start-stop systems market consists of the sale of automotive variable valve timing (VVT) and start-stop systems services by entities (organizations, sole traders, and partnerships) that are used to improve performance, fuel economy, or emissions and is widely used in combination with variable valve lift systems.
Variable valve timing (VVT) and start-stop systems refer to a process of altering the timing of a valve lift event. With variable valve timing, the valves are open for shorter periods during idling or light acceleration, so less air-fuel mixture goes into…
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