Market Overview:
The global continuously variable transmission systems market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for fuel-efficient vehicles and rising awareness about CVTs among consumers. The belt-chain drive CVT segment is expected to dominate the market during the forecast period, owing to its high efficiency and low cost. However, the planetary CVT segment is projected to grow at a higher CAGR due to its superior performance and fuel efficiency as compared with belt-chain drive CVTs.
Product Definition:
A continuously variable transmission system (CVT) is a type of automatic transmission that can change gears seamlessly, allowing the engine to run at its ideal speed. CVTs are often used in vehicles with small engines because they can help improve fuel economy.
Belt-Chain Drive CVT:
Belt-chain drive CVT is a type of continuously variable transmission that uses a chain to transmit power from the engine to drive the vehicle's forward motion. The belt-chain design offers several advantages over conventional designs, such as fewer parts and lower maintenance costs. In addition, it requires less torque for shifting which results in improved fuel efficiency and low emissions.
Planetary CVT:
Planetary CVT is a continuously variable transmission system that changes gears automatically without driver intervention. It can be used in both conventional and electric vehicles. The main objective of this technology is to increase fuel efficiency by reducing engine speed, thus minimizing the heat generated within the engine.
The major advantage of using PVT over a standard automatic transmission is that it requires significantly less power from the battery, which results in improved driving range with same charge level as compared to manual transmission counterparts.
Application Insights:
The application segment includes below 1.5 L, 1.5L-3L, Above 3 L and others. Below 1.5 L is estimated to be the fastest-growing segment over the forecast period owing to increasing demand for economy cars with low fuel consumption and emission levels as well as improved performance in terms of acceleration and deceleration characteristics when compared with traditional automatic transmission vehicles¢â‚¬â„¢ engines are capable of operating at lower speeds without causing any harm to the engine or other parts of the vehicle¢â‚¬â€œbelt drive continuously variable transmission system (BDCVT).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030 owing to increasing demand for fuel-efficient vehicles and growing population in developing countries such as India, Indonesia, and China. The European region dominated the industry in terms of revenue share in 2017 owing to high demand for premium products from Germany, France, Italy, and other major economies within the region.
Growth Factors:
- Increasing demand for fuel-efficient vehicles: The global market for CVTs is expected to grow at a CAGR of over 9% from 2016 to 2024, owing to the increasing demand for fuel-efficient vehicles. CVTs offer better fuel economy as compared to traditional automatic transmissions and are hence becoming popular among consumers.
- Rising popularity of hybrids and electric vehicles: The popularity of hybrids and electric vehicles is also aiding the growth of the CVT market, as these types of vehicles require transmissions that offer high efficiency and low noise levels. CVTs are ideal for such applications as they provide seamless gear shifts without any jerks or bumps.
- Technological advancements: Continuous technological advancements in CVT design and manufacturing are helping expand their application areas beyond automobiles into sectors such as aerospace & defense, marine, agriculture, construction equipment, etc., thereby boosting the overall growth prospects of this market.
- Growing automotive industry in developing countries: The automotive industry is growing rapidly in developing countries such as China and India due to rising income levels and changing consumer preferences towards luxury cars & SUVs . This is providing a major impetus to the growth of the globalCVT market . 5) Stringent emission norms worldwide: Stringent emission norms being implemented by various governments across different regions are compelling automakers to equip their new models with advanced transmission technologies like CVTs that help improve fuel efficiency while reducing emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Continuously Variable Transmission Systems Market Research Report
By Type
Belt-Chain Drive CVT, Planetary CVT
By Application
Below 1.5 L, 1.5 L - 3 L, Above 3 L
By Companies
BorgWarner, Jatco, Punch Powertrain, Toyota Motors, ZF, Aisin Seiki, Honda, CVTCorp, Hyundai Motor, Fuji Heavy Industries, Kohler Engines, Subaru, Oerliokon Grazino, Hunan Jianglu & Rongda, Zhejiang Wanliyang Co., Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Continuously Variable Transmission Systems Market Report Segments:
The global Continuously Variable Transmission Systems market is segmented on the basis of:
Types
Belt-Chain Drive CVT, Planetary CVT
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Below 1.5 L, 1.5 L - 3 L, Above 3 L
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BorgWarner
- Jatco
- Punch Powertrain
- Toyota Motors
- ZF
- Aisin Seiki
- Honda
- CVTCorp
- Hyundai Motor
- Fuji Heavy Industries
- Kohler Engines
- Subaru
- Oerliokon Grazino
- Hunan Jianglu & Rongda
- Zhejiang Wanliyang Co., Ltd
Highlights of The Continuously Variable Transmission Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Belt-Chain Drive CVT
- Planetary CVT
- By Application:
- Below 1.5 L
- 1.5 L - 3 L
- Above 3 L
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Continuously Variable Transmission Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A continuously variable transmission system (CVT) is a type of automatic transmission that uses an electric motor to change the gear ratio in response to the driving conditions. CVTs are often found in hybrid and electric vehicles because they offer increased fuel efficiency and reduced emissions.
Some of the major players in the continuously variable transmission systems market are BorgWarner, Jatco, Punch Powertrain, Toyota Motors, ZF, Aisin Seiki, Honda, CVTCorp, Hyundai Motor, Fuji Heavy Industries, Kohler Engines, Subaru, Oerliokon Grazino, Hunan Jianglu & Rongda, Zhejiang Wanliyang Co., Ltd.
The continuously variable transmission systems market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Continuously Variable Transmission Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Continuously Variable Transmission Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Continuously Variable Transmission Systems Market - Supply Chain
4.5. Global Continuously Variable Transmission Systems Market Forecast
4.5.1. Continuously Variable Transmission Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Continuously Variable Transmission Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Continuously Variable Transmission Systems Market Absolute $ Opportunity
5. Global Continuously Variable Transmission Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Continuously Variable Transmission Systems Market Size and Volume Forecast by Type
5.3.1. Belt-Chain Drive CVT
5.3.2. Planetary CVT
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Continuously Variable Transmission Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Continuously Variable Transmission Systems Market Size and Volume Forecast by Application
6.3.1. Below 1.5 L
6.3.2. 1.5 L - 3 L
6.3.3. Above 3 L
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Continuously Variable Transmission Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Continuously Variable Transmission Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Continuously Variable Transmission Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Continuously Variable Transmission Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Continuously Variable Transmission Systems Demand Share Forecast, 2019-2029
9. North America Continuously Variable Transmission Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Continuously Variable Transmission Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Continuously Variable Transmission Systems Market Size and Volume Forecast by Application
9.4.1. Below 1.5 L
9.4.2. 1.5 L - 3 L
9.4.3. Above 3 L
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Continuously Variable Transmission Systems Market Size and Volume Forecast by Type
9.7.1. Belt-Chain Drive CVT
9.7.2. Planetary CVT
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Continuously Variable Transmission Systems Demand Share Forecast, 2019-2029
10. Latin America Continuously Variable Transmission Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Continuously Variable Transmission Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Continuously Variable Transmission Systems Market Size and Volume Forecast by Application
10.4.1. Below 1.5 L
10.4.2. 1.5 L - 3 L
10.4.3. Above 3 L
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Continuously Variable Transmission Systems Market Size and Volume Forecast by Type
10.7.1. Belt-Chain Drive CVT
10.7.2. Planetary CVT
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Continuously Variable Transmission Systems Demand Share Forecast, 2019-2029
11. Europe Continuously Variable Transmission Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Continuously Variable Transmission Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Continuously Variable Transmission Systems Market Size and Volume Forecast by Application
11.4.1. Below 1.5 L
11.4.2. 1.5 L - 3 L
11.4.3. Above 3 L
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Continuously Variable Transmission Systems Market Size and Volume Forecast by Typ
11.7.1. Belt-Chain Drive CVT
11.7.2. Planetary CVT
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Continuously Variable Transmission Systems Demand Share, 2019-2029
12. Asia Pacific Continuously Variable Transmission Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Continuously Variable Transmission Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Continuously Variable Transmission Systems Market Size and Volume Forecast by Application
12.4.1. Below 1.5 L
12.4.2. 1.5 L - 3 L
12.4.3. Above 3 L
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Continuously Variable Transmission Systems Market Size and Volume Forecast by Type
12.7.1. Belt-Chain Drive CVT
12.7.2. Planetary CVT
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Continuously Variable Transmission Systems Demand Share, 2019-2029
13. Middle East & Africa Continuously Variable Transmission Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Continuously Variable Transmission Systems Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Continuously Variable Transmission Systems Market Size and Volume Forecast by Application
13.4.1. Below 1.5 L
13.4.2. 1.5 L - 3 L
13.4.3. Above 3 L
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Continuously Variable Transmission Systems Market Size and Volume Forecast by Type
13.7.1. Belt-Chain Drive CVT
13.7.2. Planetary CVT
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Continuously Variable Transmission Systems Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Continuously Variable Transmission Systems Market: Market Share Analysis
14.2. Continuously Variable Transmission Systems Distributors and Customers
14.3. Continuously Variable Transmission Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BorgWarner
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Jatco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Punch Powertrain
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Toyota Motors
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ZF
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Aisin Seiki
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Honda
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CVTCorp
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hyundai Motor
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fuji Heavy Industries
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kohler Engines
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Subaru
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Oerliokon Grazino
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hunan Jianglu & Rongda
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Zhejiang Wanliyang Co., Ltd
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
