Press release
Continuous Variable Transmission Market Growth, Size, Trends, Share Analysis 2018 Global Industry Forecast To 2022 By Key Companies, Segments, And Region
Some of the key players profiled in the report by MRFR are BorgWarner, ZF Friedrichshafen AG, Aisin Seiki, Efficient Drivetrains, Jatco, Punch Powertrain, Toyota Motors, Folsom Technologies International, Hunan Jianglu & Rongda, and Hyundai Motor.
Get Sample Copy Of “Continuous Variable Transmission Market Research Report - Global Forecast to 2023” Report @ https://www.marketresearchfuture.com/sample_request/1832
Global Continuous Variable Transmission Market Analysis:
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.
The replacement of planetary set in the automotive transmission by continuous variable transmission with two variable pulleys and metal belt/chain running between them has propelled the demand in the market. The trend is anticipated to perpetuate over the assessment period.
Continuous variable transmission optimizes fuel efficiency and enhances vehicle performance, which is expected to drive market growth in the foreseeable future. The factor responsible for encouraging continuous variable transmission market proliferation is enhanced driving experience with respect to improved acceleration and auto gear shifting.
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.
Reduction of carbon emissions is the key area of focus for the continuous variable transmission industry leaders. The adoption of continuous variable transmission technology has facilitated the compliance of stringent laws regarding the containment of carbon footprints. This, in turn, is projected to catapult the market on an upward trajectory.
Regional Analysis:
By region, the global continuous variable transmission market has been segmented into Asia Pacific, North America, Europe, and the Rest of the World. North America is likely to have control over the most significant share of the market towards the end of the review period. The boom witnessed in the automotive sector in the region has aided the adoption of the technology there. Also, carbon emission regulations coupled with intense research & development activities are poised to fuel the expansion of the continuous variable transmission market in the region.
Europe is likely to retain the second spot in the global market. The presence of developed economies and the technologically advanced automotive sector has fuelled demand in the continuous variable transmission market in the region. Additionally, the stringent legislations regarding carbon emissions in Europe have further propelled the continuous variable transmission market expansion.
List of Figures:
FIGURE 1 Continuous Variable Transmission Global Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Continuous Variable Transmission Industry
FIGURE 4 Value Chain Of Continuous Variable Transmission Global Market
FIGURE 5 Continuous Variable Transmission Global Market: By Vehicle Type, 2014-2022 (USD Billion)
FIGURE 6 Global Continuous Variable Transmission Industry: By Technology, 2014-2022 (USD Billion)
Continued…
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