Asia Pacific Variable Valve Timing (VVT) Market Forecast (2017-2025)

Year AUSTRALIA CHINA INDIA JAPAN SOUTH KOREA REST OF ASIA PACIFIC
2017 $ 148.97 $ 3976.44 $ 791.02 $ 1371.7 $ 544.72 $ 487.17
2018 $ 155.21 $ 3937.07 $ 838.01 $ 1434.99 $ 573.84 $ 523.1
2019 $ 161.79 $ 3899.86 $ 888.19 $ 1501.88 $ 604.8 $ 561.94
2020 $ 169.0 $ 3871.24 $ 943.39 $ 1575.24 $ 638.78 $ 604.95
2021 $ 176.88 $ 3850.3 $ 1003.97 $ 1655.39 $ 675.98 $ 652.52
2022 $ 185.28 $ 3832.78 $ 1069.36 $ 1741.13 $ 715.97 $ 704.44
2023 $ 194.94 $ 3832.21 $ 1144.04 $ 1839.4 $ 761.68 $ 763.85
2024 $ 205.14 $ 3832.21 $ 1224.12 $ 1943.51 $ 810.43 $ 828.4
2025 $ 215.9 $ 3832.78 $ 1310.0 $ 2053.82 $ 862.43 $ 898.53
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Asia Pacific Variable Valve Timing (VVT) Market Forecast (2017-2025)

Synopsis
The above chart is Global Variable Valve Timing (VVT) market [2017-2025] by Asia Pacific

Market Dynamics

china accounted for the largest market share in 2018 in the asia pacific variable valve timing (vvt) market, and is expected to reach usd 3832.78 million in 2025 from usd 3937.07 million in 2018. however, rest of asia pacific is the fastest growing market, which is expected to grow at a cagr of 8.14% during the forecast period 2019 - 2025. cam-phasing segment accounted for the largest market share in 2018, this market is expected to reach usd 14889.00 million in 2025 from usd 9659.10 million in 2018. this market is projected to grow at a cagr of 6.47% during the forecast period from 2019 - 2025. however, cam-phasing plus changing segment is the fastest growing market, which is expected to grow at a cagr of 8.77% during the forecast period 2019 - 2025. gasoline segment accounted for the larger market share in 2018, this market is expected to reach usd 18060.10 million in 2025 from usd 11449.90 million in 2018. this market is projected to grow at a cagr of 6.82% during the forecast period from 2019 - 2025. however, diesel segment is the fastest growing market, which is expected to grow at a cagr of 8.06% during the forecast period 2019 - 2025. passenger vehicle segment accounted for the largest market share in 2018, this market is expected to reach usd 17491.80 million in 2025 from usd 11338.50 million in 2018. this market is projected to grow at a cagr of 6.48% during the forecast period from 2019 - 2025. however, heavy commercial vehicle segment is the fastest growing market, which is expected to grow at a cagr of 10.01% during the forecast period 2019 - 2025. dohc segment accounted for the larger market share in 2018, this market is expected to reach usd 19065.00 million in 2025 from usd 12061.10 million in 2018. this market is projected to grow at a cagr of 6.86% during the forecast period from 2019 - 2025. however, sohc segment is the fastest growing market, which is expected to grow at a cagr of 8.19% during the forecast period 2019 - 2025.

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