Continuous variable transmission is a type of automotive transmission, changes gears perfectly through an infinite number of effective gear ratios. CVT has replaced planetary gear set in the automotive transmission with two variable pulleys and metal belt/chain running between them. Automotive industry is focusing on transmission systems to comply with the emission norms and to get fuel efficient system and CVT system has emerged to provide fuel efficiency and enhanced driving experience with respect to auto gear shifting & improved acceleration. Moreover, CVT engines are demandable in automotive industry as it provides better fuel economy, more power, and convenient driving experience than traditional automotive transmission systems.
Study Objectives of Global Continuous variable transmission Market
Regional Analysis of Global Continuous variable transmission Market
North American and European region has stringent emissions and fuel efficiency regulations. Manufacturer and supplier are developing a transmission system to comply with the emission norms in the market. CVT systems are fuel efficient & provide more power is expected to drive the market in the North America. Also the higher technological development in the region is also a driving factor for the growth of continuous variable transmission market.
Continuous variable transmission Market, by Region (USD Million)
The key players of Global Continuous variable transmission Market report include- BorgWarner, Jatco, Punch Powertrain, Toyota Motors, ZF Friedrichshafen AG, Aisin Seiki, Efficient Drivetrains, Folsom Technologies International, Hunan Jianglu & Rongda, and Hyundai Motor.
The report covers brief analysis of country level market information –
The report for Global Continuous variable transmission Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Frequently Asked Questions (FAQ) :
The continuous variable transmission market can surge at a rapid pace by 2022, states MRFR.
The continuous variable transmission market can achieve lucrative valuation by 2022.
Hunan Jianglu & Rongda, Folsom Technologies International, and Hyundai Motor are some reputed names in the continuous variable transmission market.
The automobile industry is extensively deploying continuous variable transmission solutions that can impel the market expansion.
The growing need to comply with environment regulations can boost the continuous variable transmission market growth in Europe.