Global Variable Valve Timing (VVT) Systems in Marine Engines Market to Reach 500.5 Thousand Units by 2030
The global market for Variable Valve Timing (VVT) Systems in Marine Engines estimated at 131.7 Thousand Units in the year 2022, is projected to reach a revised size of 500.5 Thousand Units by 2030, growing at a CAGR of 18.2% over the analysis period 2022-2030. Mid-Power Output Marine Engines, one of the segments analyzed in the report, is projected to record 12.2% CAGR and reach 135.5 Thousand Units by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the High-Power Output Marine Engines segment is readjusted to a revised 21.3% CAGR for the next 8-year period.The U.S. Market is Estimated at 39 Thousand Units, While China is Forecast to Grow at 17.3% CAGR
The Variable Valve Timing (VVT) Systems in Marine Engines market in the U.S. is estimated at 39 Thousand Units in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 84.7 Thousand Units by the year 2030 trailing a CAGR of 17.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.7% and 16% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.5% CAGR.Select Competitors (Total 58 Featured) -
- Aisin
- Delphi Automotive PLC
- Denso Corporation
- Eaton Corporation PLC
- Hitachi Automotive Systems Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aisin
- Delphi Automotive PLC
- Denso Corporation
- Eaton Corporation PLC
- Hitachi Automotive Systems Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 202 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value in 2022 | 131.7 Thousand Units |
Forecasted Market Value by 2030 | 500.5 Thousand Units |
Compound Annual Growth Rate | 18.2% |
Regions Covered | Global |