Variable Valve Timing (VVT): VVT is an automotive valve train technology that allows a change in lift or timing of the intake or exhaust valves (or both) when the engine is in operation. A VVT system helps improve the gas mileage and allows engine flexibility to achieve peak performance in different driving conditions. Start-Stop System: Start-stop system automatically switches off the engine when the vehicle comes to a halt, and restarts the engine when the driver lifts his foot off the brake in automatic transmission vehicles or engages the clutch in case of manual transmission vehicles. This system reduces the amount of time the engine spends idling, and hence reduces fuel consumption and emission.
Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.
Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.
Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.
Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.