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Global Variable Valve Timing System Market in Marine Engines 2016-2020

Global Variable Valve Timing System Market in Marine Engines 2016-2020

About Variable Valve Timing System

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. Japanese OEMs namely Yamaha, Suzuki, and Honda are the main volume players employing VVT systems in their marine engines.

Technavio’s analysts forecast the global variable valve timing system market in marine engines to grow at a CAGR of 17.55% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global variable valve timing system market in marine engines for 2016-2020. To calculate the market size, the report discusses the major drivers that influence the growth of the global market.

The market is divided into the following segments based on geography:

  • EMEA
  • ROW
  • US
Technavio's report, Global Variable Valve Timing System Market in Marine Engines 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Delphi
  • Denso
  • Aisin
  • Eaton
  • Hitachi Automotive Systems
Market driver
  • Strong recovery in US market.
  • For a full, detailed list, view our report
Market challenge
  • Non-uniform emission norms for two-stroke and four-stroke outboard engines.
  • For a full, detailed list, view our report
Market trend
  • Traditional fishing boats becoming more powerful.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Variable Valve Timing System Market in Marine Engines 2016-2020

Technavio recognizes the following companies as the key players in the global variable valve timing system market in marine engines: Delphi, Denso, Aisin, Eaton, and Hitachi Automotive Systems.

Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is rise in number of VVT-equipped mid-output power marine engines. USEPA and CARB emission standards followed by the US mandates marine engine OEMs to use technologies like VVT systems and direct injection in their engines to control emissions. The cost of adding direct injection and VVT systems to high-power output engines justifies prices of high-power output engines. VVT systems have a penetration of 14% in the mid-power output marine engines segment of the US as it is not feasible for OEMs to add the transmission system in the mid power range. This will increase the operating cost of the engine in a market that already has a preference for high-power output engines. High-power output marine engines have a VVT systems penetration of 86% in the US.”

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. About 90 million American participants registered for water sports and events in the US in 2013. 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.

Further, the report states that one major challenge in the market is low profitability in low- and mid-power output engines. VVT has the highest penetration of 82% in high-power output engines ranging above 150hp. VVT systems are used by marine engine OEMs for increasing the torque produced by the engine at low rates of rpm. OEMs also use VVTs for limiting emissions from their marine engines and also to improve fuel efficiency. Mid- and low-output engines comprise up to 3 cylinders with a maximum displacement up to 1.60 liters. Low-power output engines, which are highly popular in Europe, have lesser moving parts and are low priced. Europe follows separate emissions regulations for two-stroke and four-stroke marine engines.



Companies Mentioned

Delphi, Denso, Aisin, Eaton, Hitachi Automotive Systems.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Segmentation of global VVT system market in marine engines
    • Market size and forecast
      • Table Global VVT system market in marine engines 2015-2020 (units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by engine power output
    • Segmentation of global VVT system market in marine engines
      • Table Segmentation based on engine power output
    • Global VVT system market in marine engines
      • Table Segmentation of global VVT system market in marine engines by power output (units)
      • Table Segmentation of global VVT system market in marine engines by power output (% share)
    • Global VVT system market by mid-power output marine engines
      • Table Global VVT system market by mid-power output engines (units)
    • Global VVT system market by high-power output marine engines
      • Table Global VVT system market in marine engines by high-power output engines (units)
  • Geographical segmentation
    • Geographical segmentation of VVT system market in marine engines
      • Table Geographical segmentation of VVT system market in marine engines (% share)
      • Table Global VVT system market in marine engines 2015-2020 (units)
    • VVT system market in marine outboard engines in US
      • Table VVT system market in marine engines in US 2015-2020 (units)
    • VVT system market in marine engines in Europe
      • Table VVT system market in marine engines in Europe 2015-2020 (units)
    • VVT system market in marine engines in ROW
      • Table VVT system market in marine engines in ROW 2015-2020 (units)
    • Key leading countries
      • Table Key leading countries in global VVT system market in marine engines
  • Market drivers
    • Growth of boating industry
    • Strong recovery of US market
    • Fall in fuel prices
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Low profitability in low- and mid-power output engines
    • Non-uniform emission norms
    • Highly volatile and unpredictable demand
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Rise in number of VVT-equipped mid-output power marine engines
    • Spread of stringent emission norms
    • Traditional fishing boats becoming more powerful
  • Vendor landscape
    • Competitive scenario
  • Key vendor analysis
    • Delphi
      • Table VVT systems product portfolio
      • Table Delphi business segmentation by revenue 2015
      • Table Delphi geographical segmentation by revenue 2015
    • Denso
      • Table Denso business segmentation by revenue 2015 (% share)
      • Table Denso automotive business segmentation by revenue 2015
      • Table Denso business segmentation by revenue 2014 and 2015 ($ billions)
      • Table Denso geographical segmentation by revenue 2015 (% share)
    • Aisin
      • Table Sales breakdown by product category
      • Table Geographical segmentation by revenue 2015
    • Eaton
      • Table Business segmentation by revenue 2015
      • Table Geographical segmentation by revenue 2015
    • Hitachi Automotive Systems
      • Table Business segmentation by revenue 2015
      • Table Geographical segmentation by revenue 2015
  • Appendix
    • List of abbreviations
  • Explore Technavio

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