Lewes, DE -- (SBWire) -- 09/15/2015 --Report forecast the global continuously variable transmission system market to grow at a CAGR of 7.39% over the period 2014-2019.
CVT is a form of automatic transmission that helps change gears perfectly through an infinite number of effective gear ratios. CVT replaces the planetary gear set of a standard automatic transmission with two variable-diameter pulleys, each shaped like a pair of opposing cones, with a metal belt or chain running between them. CVT systems provide more power, better fuel economy, and a convenient driving experience compared to traditional automatic transmission systems.
This report covers the present scenario and the growth prospects of global continuously variable transmission system market for the period 2015-2019. The market size has been calculated based on the unit production of CVT for light vehicles globally. The report presents five key vendors and a detailed analysis of these vendors. We have geographically segmented the market into APAC, EMEA, and the Americas. We also discuss market growth drivers, the challenges faced by vendors and the industry as a whole, as well as key trends emerging in the market.
Global Continuously Variable Transmission System Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the global continuously variable transmission system market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
According to the report, the demand for electric vehicles (EV) and hybrid vehicles has been high in the automotive industry during the past few years. Some of the factors contributing to this increase are growing environmental concerns, need to reduce CO² emissions, and increased efforts to make vehicles more fuel efficient. Additionally, this segment is expected to grow at significantly as newer models are likely to be launched during the forecast period owing to increased demand for hybrid and electric vehicles. For instance, Nissan and Toyota have a range of hybrid vehicles in the market, which include a broad range of CVT offerings. We envisage the demand for CVT to complement the growth in the global hybrid vehicles market during the forecast period.
Key players in the Global Continuously Variable Transmission Systems: BorgWarner, Jatco, Punch Powertrain, Toyota Motors and ZF
Other Prominent Vendors in the market are: Aisin Seiki, Efficient Drivetrains, Folsom Technologies InternationalHunan Jianglu & Rongda, Hyundai Motor, IAV, Kohler Engines, Oerliokon Grazino and Subaru
Market driver
- Improved fuel efficiency
- For a full, detailed list, view our report
Market challenge
- Operational Issues
- For a full, detailed list, view our report
Market trend
- Power split CVT
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 83 pages "Global Continuously Variable Transmission Systems 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Global automotive market landscape, Global automotive market segmentation by vehicle type, Supply chain analysis of the automotive industry, Global CVT systems market landscape, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-continuously-variable-transmission-systems-2015-2019
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