Press release
Global Automotive Hydro-mechanical Variable Transmission System Market to grow at a CAGR of 66.95% during 2016-2020
Albany, NY, April 25, 2017: Transmission represents 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, among others. Different types of transmission systems used in vehicles include manual transmission, HVT, automatic transmission, CVT, and DCT.The global automotive hydro-mechanical variable transmission system market to grow at a CAGR of 66.95% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global automotive hydro-mechanical variable transmission system market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of automotive hydro-mechanical variable transmission systems.
The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
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Technavio's report, Global Automotive Hydro-mechanical Variable Transmission System Market 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.
Key vendors
- Kinetics Drive Solutions
- Bosch Rexroth St. Jude Medical
Market driver
- Higher fuel efficiency compared to other transmission systems
- For a full, detailed list, view our report
Market challenge
- Threat from substitutes: Existing commercially viable transmission technology
- For a full, detailed list, view our report
Market trend
- Technological advancements in enhancing HVT systems
- For a full, detailed list, view our report
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Key questions answered in this report
- What will the market size be in 2020 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?
Browse more details at: http://www.researchmoz.us/global-automotive-hydro-mechanical-variable-transmission-system-market-2016-2020-report.html
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