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Continuously Variable Transmission Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

January 2023 | 110 pages | ID: CEBC7C77F74EN
IMARC Group

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The global continuously variable transmission systems market size reached US$ 21.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 29.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.47% during 2023-2028.

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 systems market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on 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 majority of the total global market.

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 1.5 L to 3.0 L 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.

Key Questions Answered in This Report
1. What was the size of the global continuously variable transmission systems market in 2022?
2. What is the expected growth rate of the global continuously variable transmission systems market during 2023-2028?
3. What are the key factors driving the global continuously variable transmission systems market?
4. What has been the impact of COVID-19 on the global continuously variable transmission systems market?
5. What is the breakup of the global continuously variable transmission systems market based on the vehicle type?
6. What is the breakup of the global continuously variable transmission systems market based on the type?
7. What is the breakup of the global continuously variable transmission systems market based on the fuel?
8. What is the breakup of the global continuously variable transmission systems market based on the capacity?
9. What is the breakup of the global continuously variable transmission systems market based on the end user?
10. What are the key regions in the global continuously variable transmission systems market?
11. Who are the key players/companies 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 TABLES

Table 1: Global: Continuously Variable Transmission Systems Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Continuously Variable Transmission Systems Market Forecast: Breakup by Vehicle Type (in Million US$), 2023-2028
Table 3: Global: Continuously Variable Transmission Systems Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 4: Global: Continuously Variable Transmission Systems Market Forecast: Breakup by Fuel (in Million US$), 2023-2028
Table 5: Global: Continuously Variable Transmission Systems Market Forecast: Breakup by Capacity (in Million US$), 2023-2028
Table 6: Global: Continuously Variable Transmission Systems Market Forecast: Breakup by End-User (in Million US$), 2023-2028
Table 7: Global: Continuously Variable Transmission Systems Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Continuously Variable Transmission Systems Market Structure
Table 9: Global: Continuously Variable Transmission Systems Market: Key Players

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$), 2017-2022
Figure 3: Global: Continuously Variable Transmission Systems Market: Breakup by Vehicle Type (in %), 2022
Figure 4: Global: Continuously Variable Transmission Systems Market: Breakup by Type (in %), 2022
Figure 5: Global: Continuously Variable Transmission Systems Market: Breakup by Fuel (in %), 2022
Figure 6: Global: Continuously Variable Transmission Systems Market: Breakup by Capacity (in %), 2022
Figure 7: Global: Continuously Variable Transmission Systems Market: Breakup by End-User (in %), 2022
Figure 8: Global: Continuously Variable Transmission Systems Market: Breakup by Region (in %), 2022
Figure 9: Global: Continuously Variable Transmission Systems Market Forecast: Sales Value (in Billion US$), 2023-2028
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$), 2017 & 2022
Figure 14: Global: Continuously Variable Transmission Systems (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Continuously Variable Transmission Systems (Light Commercial Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Continuously Variable Transmission Systems (Light Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Continuously Variable Transmission Systems (Heavy Commercial Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Continuously Variable Transmission Systems (Heavy Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Continuously Variable Transmission Systems (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Continuously Variable Transmission Systems (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Continuously Variable Transmission Systems (Hydrostatic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Continuously Variable Transmission Systems (Hydrostatic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Continuously Variable Transmission Systems (Toroidal) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Continuously Variable Transmission Systems (Toroidal) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Continuously Variable Transmission Systems (Cone) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Continuously Variable Transmission Systems (Cone) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Continuously Variable Transmission Systems (Variable Geometry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Continuously Variable Transmission Systems (Variable Geometry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Continuously Variable Transmission Systems (Variable Diameter) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Continuously Variable Transmission Systems (Variable Diameter) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Continuously Variable Transmission Systems (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Continuously Variable Transmission Systems (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Continuously Variable Transmission Systems (Gasoline) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Continuously Variable Transmission Systems (Gasoline) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Continuously Variable Transmission Systems (Diesel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Continuously Variable Transmission Systems (Diesel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Continuously Variable Transmission Systems (Hybrid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Continuously Variable Transmission Systems (Hybrid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Continuously Variable Transmission Systems (Upto 1.5 L) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Continuously Variable Transmission Systems (Upto 1.5 L) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Continuously Variable Transmission Systems (1.5 L to 3.0 L) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Continuously Variable Transmission Systems (1.5 L to 3.0 L) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Global: Continuously Variable Transmission Systems (Above 3.0 L) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Global: Continuously Variable Transmission Systems (Above 3.0 L) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Global: Continuously Variable Transmission Systems (OEM) Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Global: Continuously Variable Transmission Systems (OEM) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Global: Continuously Variable Transmission Systems (Aftermarket) Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Global: Continuously Variable Transmission Systems (Aftermarket) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Asia Pacific: Continuously Variable Transmission Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Asia Pacific: Continuously Variable Transmission Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: North America: Continuously Variable Transmission Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: North America: Continuously Variable Transmission Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Europe: Continuously Variable Transmission Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Europe: Continuously Variable Transmission Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Middle East and Africa: Continuously Variable Transmission Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Middle East and Africa: Continuously Variable Transmission Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Latin America: Continuously Variable Transmission Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Latin America: Continuously Variable Transmission Systems Market Forecast: Sales Value (in Million US$), 2023-2028


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