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The future of The VVT & start-stop systems market looks promising with opportunities in the compact passenger cars, mid-sized passenger cars, premium passenger cars, luxury passenger cars, light commercial vehicles, and heavy commercial vehicles. The VVT and start-stop systems market is expected to grow with a CAGR of 9% from 2019 to 2024. The major drivers for this market are higher fuel prices, stringent government regulations on fuel economy, increasing need for fuel-efficient technologies, and increasing demand for luxury and semi-luxury vehicles. Factors such as increasing adoption of alternative fuels, high product cost, and substantial maintenance cost will remain the challenges for this industry.
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