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Continuously Variable Transmission Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global continuously variable transmission systems market reached a value of US$ 18.6 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor. 

A continuously variable transmission (CVT) system refers to an automatic transmission system that changes through an uninterrupted range of different gear ratios. It has a two-pulley mechanism with variable diameters connected on either end of the engine and the wheels by a belt or chain. Also known as stepless transmission, pulley transmission and single-speed transmission, the CVT system effectively replaces gears with two variable-diameter pulleys. As a result, it offers useable power and driving convenience as compared to automatic transmission systems. Moreover, the CVT system is extremely fuel-efficient and provides maximum speed at low engine speed. They are also light-weighted, compact-sized, and consist of fewer moving parts, making them suitable for diverse automotive applications.

Continuously Variable Transmission Systems Market Trends:

The global CVT system market is driven by various advantages, such as a smooth driving experience and quick acceleration for users. It also offers more useable power and consumes less fuel than conventional and manual transmission systems. As a result, the CVT system finds applications in tractors, snowmobiles, motor scooters, go-carts, and mix harvesters. Nowadays, consumers are shifting toward eco-friendly vehicles, which utilize CVT systems. It also consists of enhanced hydraulic systems, microprocessors, high-strength steel metal belts, and high-speed sensors, which help boost the handling capacity of the engine. Furthermore, several manufacturers, like Toyota, are producing hybrid, electric mid-sized hatchback models, which are equipped with power-split CVT technology. It offers a fixed gear ratio and higher torque handling capability, which are expected to escalate the demand for CVT systems.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global continuously variable transmission market, along with forecasts for growth at the global and regional levels from 2021-2026. Our report has categorized the market based on region, type, vehicle type, fuel, capacity, and end user.

Breakup by Vehicle Type:

  • Passenger cars
  • Light commercial vehicles
  • Heavy commercial vehicles
  • Others

 Amongst these, passenger cars represent the most preferred vehicle type.

Breakup by Type:

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

On the basis of the type, hydrostatic systems are the most popular type of CVT systems.

Breakup by Fuel:

  • Gasoline
  • Diesel
  • Hybrid

At present, gasoline accounts for the majority of the global market share.

Breakup by Capacity:

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

Based on the capacity, the report finds that CVT systems with up to 1.5L capacity hold the biggest market share.

Breakup by End User:

  • OEM
  • Aftermarket

OEM currently exhibits a clear dominance in the market.

Regional Insights:

  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America

Region-wise, Asia Pacific holds the leading position in the market.

Competitive Landscape:

The competitive landscape of the market has been analyzed, with some of the leading players being TEAM Industries Inc., Schaeffler AG, Endurance Technologies Limited, NIDEC-SHIMPO, ZF Friedrichshafen AG, STEYR, Toyota Motor Corporation, Gaokin Industry Co. Ltd., General Transmissions, and Fallbrook Intellectual Property Company LLC.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Vehicle Type, Type, Fuel, Capacity, End-User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered TEAM Industries, Inc., Schaeffler AG, Endurance Technologies Limited, NIDEC-SHIMPO, ZF Friedrichshafen AG, STEYR, Toyota Motor Corporation, Gaokin Industry Co., Ltd, General Transmissions and Fallbrook Intellectual Property Company LLC
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 1999
Five User License: US$ 2999
Corporate License: US$ 3999
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global continuously variable transmission systems market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global continuously variable transmission systems industry?
  • What has been the impact of COVID-19 on the global continuously variable transmission systems industry?
  • What is the breakup of the global continuously variable transmission systems market on the basis of vehicle type?
  • What is the breakup of the global continuously variable transmission systems market on the basis of type?
  • What is the breakup of the global continuously variable transmission systems market on the basis of fuel?
  • What is the breakup of the global continuously variable transmission systems market on the basis of capacity?
  • What is the breakup of the global continuously variable transmission systems market on the basis of end-user?
  • What are the various stages in the value chain of the global continuously variable transmission systems market?
  • What are the key driving factors and challenges in the global continuously variable transmission systems market?
  • What is the structure of the global continuously variable transmission systems market and who are the key players?
  • What is the degree of competition in the global continuously variable transmission systems market?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Continuously Variable Transmission Systems Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Vehicle Type
    5.5    Market Breakup by Type
    5.6    Market Breakup by Fuel 
    5.7    Market Breakup by Capacity 
    5.8    Market Breakup by End-User 
    5.9    Market Breakup by Region 
    5.10    Market Forecast 
6    Market Breakup by Vehicle Type 
    6.1    Passenger Cars 
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Light Commercial Vehicles  
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Heavy Commercial Vehicles 
        6.3.1    Market Trends
        6.3.2    Market Forecast
    6.4    Others 
        6.4.1    Market Trends
        6.4.2    Market Forecast
7    Market Breakup by Type 
    7.1    Hydrostatic 
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Toroidal  
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Cone  
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Variable Geometry 
        7.4.1    Market Trends
        7.4.2    Market Forecast
    7.5    Variable Diameter 
        7.5.1    Market Trends
        7.5.2    Market Forecast
    7.6    Others 
        7.6.1    Market Trends
        7.6.2    Market Forecast
8    Market Breakup by Fuel 
    8.1    Gasoline 
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Diesel  
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Hybrid  
        8.3.1    Market Trends
        8.3.2    Market Forecast
9    Market Breakup by Capacity 
    9.1    Upto 1.5 L 
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    1.5 L to 3.0 L  
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    Above 3.0 L  
        9.3.1    Market Trends
        9.3.2    Market Forecast
10    Market Breakup by End-User 
    10.1    OEM 
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    Aftermarket  
        10.2.1    Market Trends
        10.2.2    Market Forecast
11    Market Breakup by Region 
    11.1    Asia Pacific 
        11.1.1    Market Trends
        11.1.2    Market Forecast
    11.2    North America 
        11.2.1    Market Trends
        11.2.2    Market Forecast
    11.3    Europe 
        11.3.1    Market Trends
        11.3.2    Market Forecast
    11.4    Middle East and Africa
        11.4.1    Market Trends
        11.4.2    Market Forecast
    11.5    Latin America
        11.5.1    Market Trends
        11.5.2    Market Forecast
12    SWOT Analysis 
    12.1    Overview 
    12.2    Strengths
    12.3    Weaknesses 
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis 
14    Porters Five Forces Analysis 

    14.1     Overview 
    14.2     Bargaining Power of Buyers
    14.3     Bargaining Power of Suppliers 
    14.4     Degree of Competition
    14.5     Threat of New Entrants
    14.6     Threat of Substitutes
15    Price Analysis 
16    Competitive Landscape

    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    TEAM Industries, Inc.    
        16.3.2    Schaeffler AG 
        16.3.3    Endurance Technologies Limited  
        16.3.4    NIDEC-SHIMPO 
        16.3.5    ZF Friedrichshafen AG 
        16.3.6    STEYR 
        16.3.7    Toyota Motor Corporation 
        16.3.8    Gaokin Industry Co.,Ltd 
        16.3.9    General Transmissions 
        16.3.10      Fallbrook Intellectual Property Company LLC 

List of Figures

Figure 1: Global: Continuously Variable Transmission Systems Market: Major Drivers and Challenges
Figure 2: Global: Continuously Variable Transmission Systems Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Continuously Variable Transmission Systems Market: Breakup by Vehicle Type (in %), 2020
Figure 4: Global: Continuously Variable Transmission Systems Market: Breakup by Type (in %), 2020
Figure 5: Global: Continuously Variable Transmission Systems Market: Breakup by Fuel (in %), 2020
Figure 6: Global: Continuously Variable Transmission Systems Market: Breakup by Capacity (in %), 2020
Figure 7: Global: Continuously Variable Transmission Systems Market: Breakup by End-User (in %), 2020
Figure 8: Global: Continuously Variable Transmission Systems Market: Breakup by Region (in %), 2020
Figure 9: Global: Continuously Variable Transmission Systems Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 10: Global: Continuously Variable Transmission Systems Industry: SWOT Analysis
Figure 11: Global: Continuously Variable Transmission Systems Industry: Value Chain Analysis
Figure 12: Global: Continuously Variable Transmission Systems Industry: Porter’s Five Forces Analysis
Figure 13: Global: Continuously Variable Transmission Systems (Passenger Cars) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Continuously Variable Transmission Systems (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Continuously Variable Transmission Systems (Light Commercial Vehicles) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Continuously Variable Transmission Systems (Light Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Continuously Variable Transmission Systems (Heavy Commercial Vehicles) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Continuously Variable Transmission Systems (Heavy Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Continuously Variable Transmission Systems (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Continuously Variable Transmission Systems (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Continuously Variable Transmission Systems (Hydrostatic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Continuously Variable Transmission Systems (Hydrostatic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Continuously Variable Transmission Systems (Toroidal) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Continuously Variable Transmission Systems (Toroidal) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Continuously Variable Transmission Systems (Cone) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Continuously Variable Transmission Systems (Cone) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Continuously Variable Transmission Systems (Variable Geometry) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Continuously Variable Transmission Systems (Variable Geometry) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Continuously Variable Transmission Systems (Variable Diameter) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Continuously Variable Transmission Systems (Variable Diameter) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Continuously Variable Transmission Systems (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Continuously Variable Transmission Systems (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Continuously Variable Transmission Systems (Gasoline) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Continuously Variable Transmission Systems (Gasoline) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Continuously Variable Transmission Systems (Diesel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Continuously Variable Transmission Systems (Diesel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Global: Continuously Variable Transmission Systems (Hybrid) Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Global: Continuously Variable Transmission Systems (Hybrid) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Global: Continuously Variable Transmission Systems (Upto 1.5 L) Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Global: Continuously Variable Transmission Systems (Upto 1.5 L) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Global: Continuously Variable Transmission Systems (1.5 L to 3.0 L) Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Global: Continuously Variable Transmission Systems (1.5 L to 3.0 L) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Global: Continuously Variable Transmission Systems (Above 3.0 L) Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Global: Continuously Variable Transmission Systems (Above 3.0 L) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Global: Continuously Variable Transmission Systems (OEM) Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Global: Continuously Variable Transmission Systems (OEM) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Global: Continuously Variable Transmission Systems (Aftermarket) Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Global: Continuously Variable Transmission Systems (Aftermarket) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Asia Pacific: Continuously Variable Transmission Systems Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Asia Pacific: Continuously Variable Transmission Systems Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: North America: Continuously Variable Transmission Systems Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: North America: Continuously Variable Transmission Systems Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Europe: Continuously Variable Transmission Systems Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Europe: Continuously Variable Transmission Systems Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Middle East and Africa: Continuously Variable Transmission Systems Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Middle East and Africa: Continuously Variable Transmission Systems Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Latin America: Continuously Variable Transmission Systems Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Latin America: Continuously Variable Transmission Systems Market Forecast: Sales Value (in Million US$), 2021-2026

List of Tables

Table 1: Global: Continuously Variable Transmission Systems Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Continuously Variable Transmission Systems Market Forecast: Breakup by Vehicle Type (in Million US$), 2021-2026
Table 3: Global: Continuously Variable Transmission Systems Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 4: Global: Continuously Variable Transmission Systems Market Forecast: Breakup by Fuel (in Million US$), 2021-2026
Table 5: Global: Continuously Variable Transmission Systems Market Forecast: Breakup by Capacity (in Million US$), 2021-2026
Table 6: Global: Continuously Variable Transmission Systems Market Forecast: Breakup by End-User (in Million US$), 2021-2026
Table 7: Global: Continuously Variable Transmission Systems Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 8: Global: Continuously Variable Transmission Systems Market Structure
Table 9: Global: Continuously Variable Transmission Systems Market: Key Players

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