Global Cylinder Deactivation System Market Price 2024, Forecast To 2033
19 Sep, 2024
The cylinder deactivation system market has seen steady growth, rising from $3.50 billion in 2023 to $3.69 billion in 2024, with a CAGR of 5.4%. Growth is driven by the demand for fuel-efficient vehicles, hybridization, and engine downsizing. The market is projected to reach $4.61 billion by 2028, supported by increased vehicle ownership, production, and consumer focus on fuel efficiency. Key trends include AI and machine learning integration, solenoid technology, and hybrid powertrain advancements.
Major Driver In The Cylinder Deactivation System Market
The rise in vehicle production is anticipated to boost the cylinder deactivation system market. These systems are integrated into vehicles to improve fuel efficiency and reduce emissions. The Global Association of European Automobile Manufacturers (ACEA) reported a global production of approximately 85.4 million vehicles in May 2023, marking a 3% increase from the previous year. This trend is driving the cylinder deactivation system market, projected to reach $XX billion in 2023, with further growth to $XX billion in 2024 and $XX billion by 2028.
Request A Free Sample Of The Cylinder Deactivation System Market ReportCylinder Deactivation System Market Competitive Landscape
Toyota Motor Corporation, Volkswagen AG, Ford Motor Company, Bayerische Motoren Werke AG (BMW), Continental AG, Robert Bosch GmbH, Hitachi Ltd., Audi AG, DENSO Corporation, ZF Group, Mitsubishi Electric Corporation, Aisin Group, Eaton Corporation, Tenneco Inc., BorgWarner Inc., FEV Europe GmbH, Hilite International Inc., PMG Inter, Delphi Technologies, Tula Technology Inc., Hyundai KEFICO Corporation, Chrysler
Key Cylinder Deactivation System Market Trend
Companies in the cylinder deactivation system market are innovating products to improve fuel efficiency for heavy-duty diesel engines. In November 2022, Jacobs Vehicle Systems (JVS), a US-based manufacturer, introduced cylinder deactivation (CDA) technology specifically designed for low-load conditions. This system enhances performance by allowing engines to deactivate cylinders during low-speed operation, optimizing fuel efficiency while meeting stringent emissions standards.
Purchase The Global Cylinder Deactivation System Market Report Directly And Get A Swift Delivery
Cylinder Deactivation System Market Segmentation
The cylinder deactivation system market covered in this report is segmented –
1) By Component: Valve Solenoid, Engine Control Unit, Electronic Throttle Control
2) By Actuation Method: Overhead Camshaft design, Pushrod Design
3) By End-User: Passenger cars, Light Commercial Vehicles
By Geography:The regions covered in the cylinder deactivation system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the cylinder deactivation system market in 2023.
The Cylinder Deactivation System Global Market Report 2024 furnishes information about the global cylinder deactivation system market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.