Continuously Variable Transmission Report: Trends, Forecast and Competitive Analysis

Continuously Variable Transmission Market Trends and Forecast

The future of the global continuously variable transmission market looks promising with passenger car, light commercial vehicle, heavy commercial vehicle, and other markets. The global continuously variable transmission market is expected to grow with a CAGR of 5% to 7% from 2023 to 2028. The major drivers for this market are growing demand for vehicles with higher acceleration and power and increasing requirement for environment friendly technologies combined with efficient transmission options, and low emissions.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global continuously variable transmission market report, please download the report brochure.

Continuously Variable Transmission Market by Segment

The study includes a forecast for the global continuously variable transmission market by fuel, type, vehicle type, capacity, end user, and region, as follows:

Continuously Variable Transmission Market by Fuel [Value ($B) Shipment Analysis from 2017 to 2028]:

• Gasoline
• Diesel
• Hybrid

Continuously Variable Transmission Market by Type [Value ($B) Shipment Analysis from 2017 to 2028]:

• Hydrostatic
• Toroidal
• Cone
• Variable geometry
• Variable diameter

Continuously Variable Transmission Market by Vehicle Type [Value ($B) Shipment Analysis from 2017 to 2028]:

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Others

Continuously Variable Transmission Market by Capacity Value ($B) Shipment Analysis from 2017 to 2028]:

• Up to 1.5 L
• 1.5 L to 3.0 L
• Above 3.0 L

Continuously Variable Transmission Market by End User [Value ($B) Shipment Analysis from 2017 to 2028]:

• OEM
• Aftermarket

Continuously Variable Transmission Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Continuously Variable Transmission Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies continuously variable transmission companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the continuously variable transmission companies profiled in this report include.

• TEAM Industries
• Schaeffler
• Endurance Technologies
• NIDEC-SHIMPO
• ZF Friedrichshafen
• STEYR
• Toyota Motor
• Gaokin Industry.
• General Transmissions
• Fallbrook Intellectual Property Company

Continuously Variable Transmission Market Insights

• Lucintel forecasts that hybrid will remain the largest segment and it is expected to witness the highest growth over the forecast period as these are fuel-efficient and delivers maximum speed at low engine speed.
• Within this market, passenger cars is expected to remain the largest segment due to the increase in the demand for utility vehicles along with rise in preference for private transport and buying power of consumers.
• APAC will remain the largest region due to increase in sales of luxury vehicles and rise in demand of eco-friendly vehicles, which are not only fuel-efficient but also provide competent transmission option that delivers lower emissions.

Features of the Continuously Variable Transmission Market

• Market Size Estimates: Continuously variable transmission market size estimation in terms of value ($B)
• Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
• Segmentation Analysis: Continuously variable transmission market size by various segments, such as by fuel, type, vehicle type, capacity, end user, and region in terms of value ($B)
• Regional Analysis: Continuously Variable Transmission market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis on growth opportunities in different by fuel, type, vehicle type, capacity, end user, and regions for the continuously variable transmission market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the continuously variable transmission market.
• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the continuously variable transmission market size?

Answer: The global continuously variable transmission market is expected to reach an estimated $xx billion by 2028.

Q2. What is the growth forecast for continuously variable transmission market?

Answer: The global continuously variable transmission market is expected to grow with a CAGR of 5% to 7% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the continuously variable transmission market?

Answer: The major drivers for this market are growing demand for vehicles with higher acceleration and power and increasing requirement for environmental friendly technologies combined with efficient transmission options, and low emissions.

Q4. What are the major segments for continuously variable transmission market?

Answer: The future of the global continuously variable transmission market looks promising with passenger car, light commercial vehicle, heavy commercial vehicle, and other markets.

Q5. Who are the key continuously variable transmission companies?

Answer: Some of the key continuously variable transmission companies are as follows:

• TEAM Industries
• Schaeffler
• Endurance Technologies
• NIDEC-SHIMPO
• ZF Friedrichshafen
• STEYR
• Toyota Motor
• Gaokin Industry
• General Transmissions
• Fallbrook Intellectual Property Company.

Q6. Which continuously variable transmission segment will be the largest in future?

Answer: Lucintel forecasts that hybrid will remain the largest segment and it is expected to witness the highest growth over the forecast period as these are fuel-efficient and delivers maximum speed at low engine speed.

Q7. In continuously variable transmission market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region due to increase in sales of luxury vehicles and rise in demand of eco-friendly vehicles, which are not only fuel-efficient but also provide competent transmission option that delivers lower emissions.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

• Q.1. What are some of the most promising, high-growth opportunities for the continuously variable transmission market by fuel (gasoline, diesel, and hybrid), type (hydrostatic, toroidal, cone, variable geometry, and variable diameter), vehicle type (passenger cars, light commercial vehicles, heavy commercial vehicles, and others), capacity (up to 1.5 L, 1.5 L to 3.0 L, and above 3.0 L), end user (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?