Press release
During the Period 2016-2020, Continuously Variable Transmissions System Market in APAC to Grow at a CAGR of 12.42%
Transmission is a key function of powertrains in automotive vehicles. A vehicle's transmission is a type of gearbox that directs the power generated from an internal combustion engine to the wheel axle.Typically, an automotive transmission system includes the entire drivetrain, which comprises components such as a gearbox, clutch, prop shaft, drive shafts, and differentials. Currently, different types of transmissions like manual transmission (MT), AT, CVT, and DCT are used in vehicles.
Technavios analysts forecast the Continuously Variable Transmissions System Market in APAC to grow at a CAGR of 12.42% during the period 2016-2020.
Covered
The report covers the present scenario and the growth prospects of the Continuously Variable Transmissions System Market in APAC for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of continuously variable transmissions systems globally.
Continuously Variable Transmissions System Market in APAC 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Aisin AW
Punch Powertrain
IAV
JATCO
Other prominent vendors
BorgWarner
Chery Automobiles
LuK
TEAM
Key driver
Globalization of automotive industry to increase demand for CVT
For a full, detailed list, view our report
Key challenge
Operational issues in CVT technology
For a full, detailed list, view our report
Key trend
Growing adoption of power-split CVT systems
For a full, detailed list, view our report
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