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Two-Wheelers Continuously Variable Transmission Market to Exceed $7.2 Billion due to Rising Demand for Low-Capacity Bikes, Growing at 6% CAGR through 2028

06-03-2024 04:02 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Dataintelo

/ PR Agency: Dataintelo
Dataintelo

Dataintelo

Dataintelo has recently released a new report on the continuously variable transmission (CVT) for the two wheelers market. According to the study, this burgeoning market was valued at a substantial $7.2 billion in 2018, and is anticipated to witness major growth over the next decade. The report forecasts the market to reach an impressive value by 2028, with a Compound Annual Growth Rate (CAGR) of 6% during this period.

The growth of the CVT for the two wheelers market is primarily attributed to the increasing demand for low-capacity bikes across household two-wheeler applications. This rise in demand is particularly notable in the Asia Pacific region, where urban and suburban consumers are turning to two wheelers for their daily transportation needs. The adoption of CVT in two wheelers provides smoother and more fuel-efficient rides, making it an attractive feature for new buyers.

The continuous variable transmission technology allows an infinite number of ratios between maximum and minimum values, which makes two wheelers with CVT more efficient in terms of fuel consumption. This has led to growing acceptance of CVT amongst leading two wheeler manufacturers and consumers alike. Enhanced ride comfort and improved fuel economy offered by CVT are the main factors driving its acceptance in the two wheelers market.

Dataintelo's report provides a comprehensive analysis of the market size, demand, growth rate, and forecast for the continuously variable transmission for two wheelers market. It also highlights major market players, their strategies for growth, and the trends shaping the future of the market.

The data and insights provided in the report will be invaluable for manufacturers, investors, stakeholders, and policymakers closely monitoring the CVT for the two wheelers market. This data can assist key decision-makers in creating effective marketing strategies, pioneers in identifying new market avenues and understanding the direction in which the market is heading towards.

Interestingly, the Asia Pacific region, owing to its large population and increasing disposable income, stands out as an influential player in this growth story. The ever increasing demand for two wheelers in countries such as India and China, paired with the rising acceptance of CVT in these vehicles, supports a constructive scenario for market growth in the region.

Dataintelo's report is a valuable resource for anyone interested in understanding the dynamics of the continuously variable transmission for two wheelers market. Its detailed data and insights will enable decision makers and industry leaders to anticipate future market trends, make informed business decisions, and identify prospective growth areas

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/290220

๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The continuously variable transmission for two wheelers sales market has been segmented on the basis of๐“๐ฒ๐ฉ๐ž
โ— High-capacity
โ— Low-capacity
โ— Mid-capacity

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
โ— Household Two-Wheelers
โ— Commercial Two-Wheelers

๐‘๐ž๐ ๐ข๐จ๐ง
โ— Asia Pacific
โ— North America
โ— Latin America
โ— Europe
โ— Middle East & Africa

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ— Honda
โ— Yamaha
โ— TVS
โ— Piaggio
โ— Suzuki
โ— Hero



Segment Analysis:

The continuously variable transmission for two-wheelers sales market is divided based on different types of capacities and applications. Starting with capacities, the market is split into high, mid, and low capacity. High-capacity transmissions are normally installed in high-end or professional-grade two-wheelers, designed to endure heavy loads and long distances without overheating or losing efficiency. Mid-capacity transmissions are common in regular or consumer-focused bikes designed for daily commuting and moderate usage, providing a mix of performance and economy. Lastly, low-capacity transmissions are usually seen in entry-level or budget two-wheelers, which focus on fuel efficiency and affordability over power or speed.

In terms of application, the market is bifurcated into household and commercial two-wheelers. Household two-wheelers such as motorbikes, scooters, and mopeds are mainly used for personal transportation and leisure activities. On the other hand, commercial two-wheelers encompass an array of vehicles used for business or professional purposes, such as delivery bikes, taxi bikes, and patrol bikes. These varying applications lead to different transmission requirements, hence, affecting the sales of continuously variable transmission.

Regional Analysis:

Regionally, the continuously variable transmission for two-wheelers sales market is grouped into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. The Asia Pacific region, led by countries like India, China, and Japan, holds a significant share in the market due to the high sales and demand for two-wheelers. In North America and Europe, the market growth can be attributed to the increasing popularity of recreational and sports biking.

Latin America is also a potential market with a growing urban population and increasing demand for cost-effective personal transportation. The Middle East & Africa region, despite having a lower market share, shows potential for growth due to rising urbanization and the growing trend of using two-wheelers for commercial purposes. Market growth in these regions is largely driven by key players such as Honda, Yamaha, TVS, Piaggio, Suzuki, and Hero, who are consistently innovating and expanding their product range to meet the diverse needs of the market

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/290220

Market Drivers:

1. Environmental Concerns: With growing environmental concerns, there is an increasing demand for fuel-efficient vehicles. Continuously Variable Transmission (CVT) for two-wheelers provides better fuel efficiency as compared to manual transmission systems, which can drive the market growth.

2. Increasing Demand for Automatic Transmission: There is an increasing preference for automatic transmission among consumers due to the comfort and convenience it offers, especially in urban areas where traffic congestion is a major issue. This can significantly drive the market for CVT for two-wheelers.

3. Technological Advancements: Advancements in technology have led to the development of more refined and efficient CVT systems which offer smoother ride quality and improved performance. This can result in an increased demand for CVT for two-wheelers.

4. Increasing Sales of Two-Wheelers: The rapidly growing two-wheeler market, especially in developing countries like India and China, can fuel the growth of the CVT for two-wheelers market.

Market Opportunities:

1. Rising Demand in Developing Countries: The demand for two-wheelers is significantly high in developing countries. Improving the economic conditions, growing middle-class population, and increasing urbanization are some of the factors that can present lucrative opportunities for the market.

2. Electric Two-Wheelers: With a global push towards electric vehicles, there is a potential for growth in the market for electric two-wheelers. Since CVT plays a crucial role in the performance of electric vehicles, this trend can open new opportunities for the CVT for two-wheelers market.

3. Advanced CVT Systems: There is an ongoing product innovation in the CVT system and companies are continuously working on developing more advanced and efficient systems. This can provide significant growth opportunities for the market.

4. Increase in Motorcycle tourism and Racing events: A surge in motorcycle tourism and increase in popularity of racing events can also offer substantial market potential

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/290220

This report should be purchased by companies, organizations, or individuals interested in data-driven insights to drive their business or research forward. This includes key decision-makers, marketing teams, researchers, business analysts, strategic planners, and even students studying trend analysis or business intelligence.

Dataintelo ensures high quality and accuracy in its reports, making it a reliable source of actionable insights. They offer an extensive range of industry reports, helping users understand market trends, competitive landscapes, and growth opportunities across various sectors.

With Dataintelo, users can make well-informed decisions as their reports are compiled using rigorous primary and secondary research methods. Dataintelo also offers customization of reports to cater to specific needs, thus ensuring maximum utility and satisfaction for its users.

Moreover, Dataintelo offers 24/7 customer support to assist with any questions or concerns, making them a trusted and user-friendly data provider. Their dedication to providing up-to-date, comprehensive market research makes them a strong choice for anyone looking to leverage data for strategic decisions

Contact Us :
Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
Address - 500 East E Street, Ontario, CA 91764, United States.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐š๐ง ๐›๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐.

๐„๐ฆ๐š๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐š๐ฅ๐ž๐ฌ@๐๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ.๐œ๐จ๐ฆ

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ:

๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ boasts extensive experience in creating tailored Market research reports across diverse industry verticals. With in-depth Market analysis, creative business strategies for new entrants, and insights into the current Market scenario, our reports undergo intensive primary and secondary research, interviews, and consumer surveys.

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