The new report by Expert Market Research titled, ‘Global Cylinder Deactivation System Market Trends, Price, Share, Size, Report and Forecast 2023-2028’, gives an in-depth analysis of the global cylinder deactivation system market, assessing the market based on its segments like components, number of cylinders, valve actuation methods, fuel types, vehicle types, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2018-2028)
• Historical Market Size (2020): USD 4.7 Billion
• Forecast CAGR (2023-2028): 3.08%
The thriving automotive sector is driving the global market for cylinder deactivation system market. As cylinder deactivation decreases the load on the engine and reduces the harmful emissions of the vehicle, the demand for the product is surging. Therefore, a cylinder deactivation system is becoming necessary in the automotive sector, hence propelling the market growth.
The rising application of the product to cut off fuel supply and ignition is another factor shaping the growth of the market. In addition, deactivating cylinders in an engine can reduce pumping work and increase the amount of electrical energy recovered from the vehicle. It can also prevent oxygen saturation of the exhaust after treatment system. The rising investments from companies enhancing the cylinder deactivation technology is expected to aid the market growth in the forecast period.
Cylinder Deactivation System Industry Definition and Major Segments
Cylinder deactivation is the method of deactivating half or a sufficient number of cylinders which are used to keep the engine balanced while it is running. Cylinder deactivation increases fuel efficiency while decreasing harmful carbon dioxide emissions.
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On the basis of component, the market can be divided into:
• Valve Solenoid
• Engine Control Unit
• Electronic Throttle Control
On the basis of number of cylinders, the market can be categorised into:
• 4 Cylinders
• 6 Cylinders and Above
Based on valve actuation method, the market can be segmented into:
• Pushrod Design
• Overhead Camshaft Design
On the basis of fuel type, the market can be classified into:
On the basis of vehicle type, the market can be divided into:
• Passenger Vehicle
• Light Commercial Vehicle
The regional markets the product include:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
Cylinder Deactivation System Market Trends
The rising prevalence of powerful and fuel efficient vehicle engines across the world is likely to drive the market as the product can save a substantial amount of fuel and can decrease the harmful emissions to a great extent. The price of fuel is rising at a great pace which can enhance the product demand. The increasing efforts by the governments for imposing strict rules for emissions is another factor anticipated to positively influence the growth of the market in the following years.
Moreover, the rapid technological advancements and increasing investments by the key players to develop innovative solutions with advanced features are anticipated to significantly contribute to the market growth.
Key Market Players
The major players in the market are Delphi Technologies, Schaeffler AG, Robert Bosch, Eaton, Continental AG, and Valeo, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Auto Parts Manufacturing Market: https://www.marketwatch.com/press-release/auto-parts-manufacturing-market-size-share-price-trends-growth-analysis-report-forecast-2023-2028-2023-05-16?mod=search_headline
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