AUTOMOTIVE VVT SYSTEM MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In May 2022, Toyota, a renowned Japan-based automotive manufacturer known for its innovation in vehicle technology, equipped the Highlander with a new turbocharged engine. This engine features a Variable Valve Timing-intelligent system utilizing an electric motor (VVT-iE) on the intake camshaft and VVT-i on the exhaust camshaft.
• In February 2022, Schaeffler, a leading global supplier of automotive components and systems, introduced its Hydraulic Cam Phaser solution for passenger vehicles through its Indian subsidiary, Schaeffler India. The Hydraulic Cam Phaser allows for variable valve timing, optimizing engine performance and efficiency while meeting stringent emission regulations.
• In December 2021, Mikuni Corporation, a Japan-based manufacturer specializing in automotive components such as fuel injection systems and variable valve timing actuators, expanded its production facilities in India to develop an intake variable valve timing actuator.
• In March 2021, Eaton Corporation, a power management company that specializes in electrical, hydraulic, and mechanical power solutions, announced that its Vehicle Group had introduced next-generation sodium-filled hollow-head valves. These valves enhance fuel economy, reduce emissions, and improve performance in gas-powered engines, featuring a unique design that lowers cylinder chamber temperature and mitigates engine knock.