UK markets close in 2 hours 54 minutes
  • FTSE 100

    7,184.08
    +37.40 (+0.52%)
     
  • FTSE 250

    22,739.76
    -4.75 (-0.02%)
     
  • AIM

    1,249.75
    -1.21 (-0.10%)
     
  • GBP/EUR

    1.1613
    -0.0023 (-0.20%)
     
  • GBP/USD

    1.4066
    -0.0042 (-0.30%)
     
  • BTC-GBP

    28,488.08
    +389.50 (+1.39%)
     
  • CMC Crypto 200

    1,003.46
    +34.62 (+3.57%)
     
  • S&P 500

    4,255.15
    +7.71 (+0.18%)
     
  • DOW

    34,393.75
    -85.85 (-0.25%)
     
  • CRUDE OIL

    71.81
    +0.93 (+1.31%)
     
  • GOLD FUTURES

    1,867.50
    +1.60 (+0.09%)
     
  • NIKKEI 225

    29,441.30
    +279.50 (+0.96%)
     
  • HANG SENG

    28,638.53
    -203.60 (-0.71%)
     
  • DAX

    15,763.79
    +90.15 (+0.58%)
     
  • CAC 40

    6,650.64
    +34.29 (+0.52%)
     

Worldwide Continuously Variable Transmission Systems Industry to 2026 - Featuring Schaeffler, Endurance Technologies and Toyota Among Others - ResearchAndMarkets.com

·5-min read

The "Continuously Variable Transmission Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global continuously variable transmission systems market reached a value of US$ 18.6 Billion in 2020. Looking forward, the publisher expects the global continuously variable transmission systems market to exhibit moderate growth during the next five years.

A continuously variable transmission is a type of automatic transmission that seamlessly changes through a continuous range of different gear ratios. It is also known as stepless transmission, pulley transmission, single-speed transmission, and in case of motorcycles, a twist and go transmission. A CVT system replaces the gears with two variable-diameter pulleys, shaped like a pair of opposing cones along with a metal belt or chain running between them. It offers more useable power and driving convenience as compared to traditional automatic transmission systems.

Moreover, it provides maximum speed at low engine speed and, therefore, is extremely fuel-efficient. Since CVT systems are low-weight, compact in size and have fewer moving parts, they are gaining popularity amongst automotive manufacturers worldwide.

Global Continuously Variable Transmission Systems Market Drivers:

  • The various advantages offered by CVT systems have led to an increase in their sales. For instance, these systems provide quicker acceleration than conventional automatic or manual transmission systems and help in changing the engine speed to access maximum power.

  • The rising demand for eco-friendly vehicles across the globe has created a positive outlook for the CVT systems market. These systems are not only fuel efficient but also represent a competent transmission option which produces lower emissions.

  • CVT systems are relatively durable and require lower maintenance than their counterparts. They have enhanced hydraulic systems, microprocessors, high-strength steel metal belts and high-speed sensors that boost the engine's handling capacity.

  • Several manufacturers like Toyota are producing hybrid, electric mid-sized hatchback models which are equipped with power-split CVT technology. These systems offer several advantages, like fixed gear ratio and higher torque handling capability, which are expected to boost their demand.

Companies Mentioned

  • TEAM Industries Inc

  • Schaeffler AG

  • Endurance Technologies Limited

  • NIDEC-SHIMPO

  • ZF Friedrichshafen AG

  • STEYR

  • Toyota Motor Corporation

  • Gaokin Industry Co. Ltd

  • General Transmissions and Fallbrook Intellectual Property Company LLC

Key Questions Answered in This Report:

  • How has the global continuously variable transmission systems market performed so far and how will it perform in the coming years?

  • What are the key regional markets in the global continuously variable transmission systems industry?

  • What has been the impact of COVID-19 on the global continuously variable transmission systems industry?

  • What is the breakup of the global continuously variable transmission systems market on the basis of vehicle type?

  • What is the breakup of the global continuously variable transmission systems market on the basis of type?

  • What is the breakup of the global continuously variable transmission systems market on the basis of fuel?

  • What is the breakup of the global continuously variable transmission systems market on the basis of capacity?

  • What is the breakup of the global continuously variable transmission systems market on the basis of end-user?

  • What are the various stages in the value chain of the global continuously variable transmission systems market?

  • What are the key driving factors and challenges in the global continuously variable transmission systems market?

  • What is the structure of the global continuously variable transmission systems market and who are the key players?

  • What is the degree of competition in the global continuously variable transmission systems market?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Continuously Variable Transmission Systems Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Breakup by Vehicle Type

5.5 Market Breakup by Type

5.6 Market Breakup by Fuel

5.7 Market Breakup by Capacity

5.8 Market Breakup by End-User

5.9 Market Breakup by Region

5.10 Market Forecast

6 Market Breakup by Vehicle Type

6.1 Passenger Cars

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 Light Commercial Vehicles

6.2.1 Market Trends

6.2.2 Market Forecast

6.3 Heavy Commercial Vehicles

6.3.1 Market Trends

6.3.2 Market Forecast

6.4 Others

6.4.1 Market Trends

6.4.2 Market Forecast

7 Market Breakup by Type

7.1 Hydrostatic

7.2 Toroidal

7.3 Cone

7.4 Variable Geometry

7.5 Variable Diameter

7.6 Others

8 Market Breakup by Fuel

8.1 Gasoline

8.2 Diesel

8.3 Hybrid

9 Market Breakup by Capacity

9.1 Upto 1.5 L

9.2 1.5 L to 3.0 L

9.3 Above 3.0 L

10 Market Breakup by End-User

10.1 OEM

10.2 Aftermarket

11 Market Breakup by Region

11.1 Asia Pacific

11.2 North America

11.3 Europe

11.4 Middle East and Africa

11.5 Latin America

12 SWOT Analysis

13 Value Chain Analysis

14 Porters Five Forces Analysis

15 Price Analysis

16 Competitive Landscape

16.1 Market Structure

16.2 Key Players

16.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/q5iwk5

View source version on businesswire.com: https://www.businesswire.com/news/home/20210511005519/en/

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900