Global Automotive Continuously Variable Transmission System Market by Type (Belt-Chain Drive CVT, Planetary CVT), By Application (Passenger Cars, commercial Vehicles) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global automotive continuously variable transmission system market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for fuel-efficient vehicles and rising awareness about the benefits of CVT systems over traditional gear transmissions. The belt-chain drive CVT segment is expected to account for a major share of the global automotive continuously variable transmission system market during the forecast period. This can be attributed to its high efficiency and low cost as compared to other types of CVTs. The planetary CVT segment is projected to grow at a higher CAGR during the forecast period, owing to its superior performance characteristics as compared with other types of CVTs. Passenger cars are expected to account for a majority share of the global automotive continuously variable transmission system market during the forecast period. This can be attributedtothe increasing demand for fuel-efficient vehicles across all regions.



Get Free Sample Report

Product Definition:

The automotive continuously variable transmission system is a type of transmission that uses a pair of pulleys connected by a belt or chain to change the gear ratio. The importance of the automotive continuously variable transmission system is that it can provide more power and better fuel economy than traditional transmissions.

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 the driveshaft. The system was developed by Honda in the late 1960s, and patented under their HVT series designation. Since then, numerous automotive manufacturers have used or adopted BCD CVT technology for their vehicle models across different segments such as economy car/suv and premium car/convertible segment.

Planetary CVT:

Planetary CVT is a continuously variable transmission system that has no mechanical connection with the engine. It works by altering the ratio of two or more gears, without any interruption in speed. The system varies its gear ratio to optimize efficiency and performance depending on driving conditions such as load, road surfaces, and engine characteristics.

Application Insights:

The passenger cars segment dominated the market in 2017 and is expected to maintain its lead over the forecast period. The growing demand for vehicles as a mode of transportation, especially in developing countries such as India and China, is anticipated to have a positive impact on the growth of this segment. On the other hand, stringent government regulations regarding reduction in vehicle emissions are projected to drive technological advancements that result in reduced engine size and subsequently lower fuel consumption and emission levels. This factor will further enhance industry growth over the coming years.

The commercial vehicles segment was valued at USD 1,227.5 million in 2017 owing to increasing utilization of CVs across heavy-duty applications such as trucks & buses across various regions globally including North America and Europe Pacific rim countries Latin America Asia Pacific Middle East & Africa Countries (excluding China).

Regional Analysis:

Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing demand for passenger cars and commercial vehicles. The growing population in countries such as China, India, and Japan is expected to boost automotive sales in this region. Furthermore, rising disposable income coupled with changing consumer preferences towards fuel-efficient vehicles will further propel the market growth over the coming years.

The European market accounted for a share of more than 20% in 2017 owing to stringent government regulations regarding carbon emissions from internal combustion engines.

North America held a substantial share due its large presence of auto manufacturers including Ford Motors Company; General Motors Company; Fiat Chrysler Automobiles N.V.; BMW AG; Nissan Motor Corporation etc.

Growth Factors:

Increasing demand for fuel-efficient vehicles: The global automotive market is witnessing a shift towards fuel-efficient vehicles. This is driving the demand for CVTs, as they offer better fuel efficiency than traditional automatic transmissions.
Rising popularity of hybrids and electric vehicles: Hybrid and electric vehicles are becoming increasingly popular due to their superior performance and low emissions. CVTs are particularly well suited for these types of vehicles, as they offer seamless acceleration and improved efficiency.
Growing demand for luxury cars: The global luxury car market is growing rapidly, driven by rising income levels in developing countries such as China and India. CVTs are becoming increasingly popular in this segment, as they provide a smoother ride quality than traditional automatic transmissions.


Get Free Sample Report
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Continuously Variable Transmission System Market Research Report
By Type
Belt-Chain Drive CVT, Planetary CVT
By Application
Passenger Cars, commercial Vehicles
By Companies
JATCO, Aisin AW, Bosch, Honda, TOYOTA, Subaru Corporation, Punch, Wanliyang, Jianglu and Rongda, Fallbrook, JATCO, Torotrak
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.

Global Automotive Continuously Variable Transmission System Market Report Segments:
The global Automotive Continuously Variable Transmission System 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
Passenger Cars, commercial Vehicles
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:
JATCO
Aisin AW
Bosch
Honda
TOYOTA
Subaru Corporation
Punch
Wanliyang
Jianglu and Rongda
Fallbrook
JATCO
Torotrak



Get Free Sample Report

Highlights of The Automotive Continuously Variable Transmission System 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:
Passenger Cars
commercial Vehicles
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 Automotive Continuously Variable Transmission System 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
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



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?