Variable valve timing(VVT)system is used in marine engines to increase the efficiency of engines to produce more power at lower rates of rotations per minute (rpm) using optimum amounts of fuel. The VVT system in marine engines gives an increase of about 5% in fuel efficiency. VVT controls the timing of the intake valves so that sufficient amount of air is taken in to burn the fuel, enabling complete combustion and higher power output. Currently, VVT systems have more concentration among high-power output engines. High-power output engines in marine boats usually tend to have more power at high rates of rpm. Hence, OEMs have started adding VVT systems to efficiently bring power to low rates of rpm.
According to the report, one of the primary drivers in the market is growth of boating industry. Sales of powerboats in the US has increased about 80% in 2014. Wakeboard/ski boats, personal watercraft, aluminum fishing boats, pontoon boats, and fiberglass runabouts consisted the majority of the powerboat sales in the US. One of the main drivers for the same is the increase in the number of boat shows in the US and the rise in the number of American participants for the same. The boating industry in the US has been positively affected by the recovery of the US economy, stronger job market, and decrease in fuel prices.
The Variable Valve Timing (VVT)System in Marine Engines market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Variable Valve Timing (VVT)System in Marine Engines.
This report presents the worldwide Variable Valve Timing (VVT)System in Marine Engines market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Hitachi Automotive Systems
Variable Valve Timing (VVT)System in Marine Engines Breakdown Data by Type
Mid-Power Output Marine Engines
High-Power Output Marine Engines
Variable Valve Timing (VVT)System in Marine Engines Breakdown Data by Application
Variable Valve Timing (VVT)System in Marine Engines Production by Region
Variable Valve Timing (VVT)System in Marine Engines Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Variable Valve Timing (VVT)System in Marine Engines status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Variable Valve Timing (VVT)System in Marine Engines manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Variable Valve Timing (VVT)System in Marine Engines :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Variable Valve Timing (VVT)System in Marine Engines market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.