Global Variable Valve Timing (VVT) Market By Vehicle Type Forecast (2017-2025)
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Created with Highcharts 11.4.0YearUSD MnChart context menuGlobal Variable Valve Timing (VVT) Market By Vehicle​Type Forecast (2017-2025)31 487.6​31 487.633 239.2​33 239.235 106.7​35 106.737 161.2​37 161.239 415.9​39 415.941 847.2​41 847.244 628.2​44 628.247 605.4​47 605.450 793.2​50 793.222 748.223 937.925 198.926 580.628 09029 708.131 554.633 517.335 603.25 5065 824.96 167.16 545.46 962.97 415.87 935.88 496.49 101.13 233.43 476.43 740.74 035.24 3634 723.35 137.85 591.76 088.9201720182019202020212022202320242025010k20k30k40k50k60k
Year PASSENGER VEHICLE LIGHT COMMERCIAL VEHICLE HEAVY COMMERCIAL VEHICLE
2017 $ 22748.2 $ 5506.0 $ 3233.4
2018 $ 23937.9 $ 5824.9 $ 3476.4
2019 $ 25198.9 $ 6167.1 $ 3740.7
2020 $ 26580.6 $ 6545.4 $ 4035.2
2021 $ 28090.0 $ 6962.9 $ 4363.0
2022 $ 29708.1 $ 7415.8 $ 4723.3
2023 $ 31554.6 $ 7935.8 $ 5137.8
2024 $ 33517.3 $ 8496.4 $ 5591.7
2025 $ 35603.2 $ 9101.1 $ 6088.9
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Global Variable Valve Timing (VVT) Market By Vehicle Type Forecast (2017-2025)

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

Market Dynamics

passenger vehicle segment accounted for the largest market share in the variable valve timing (vvt) market, and is expected to reach usd 35603.20 million in 2025 from usd 23937.90 million in 2018. however, heavy commercial vehicle segment is the fastest growing market, which is expected to grow at a cagr of 8.46% during the forecast period 2019 - 2025.

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