This document summarizes a report about the global continuously variable transmission systems market. It grew to $18.6 billion in 2020. CVT systems provide smoother driving and better fuel efficiency than conventional transmissions. The market is expected to grow at 6% annually through 2026. Key players include TEAM Industries, Schaeffler, and Toyota. The report analyzes the market by vehicle type, fuel, capacity, end user, and region.
2. Report Description
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3. Report Description
Report Description and Highlights
Global Continuously Variable Transmission Systems Market Outlook 2026:
According to the latest report by IMARC Group, titled “Continuously Variable Transmission System
Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global
continuously variable transmission systems market reached a value of US$ 18.6 Billion in 2020.
A continuously variable transmission (CVT) is a type of automatic transmission system in which the
ratio of the rotational speeds of two shafts vary continuously within a given range, providing an infinite
number of possible ratios.It has a two-pulley mechanism which have variable diameters and are
connected by a belt or a chain with one end connected to the engine and the other to the wheels.
Over the past few years, the latest developments in gear reduction and manufacturing have reduced
the cost and increased the performance of CVTs, thereby making them suitable for more diverse
automotive applications.
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4. Report Description
Report Description and Highlights
Global Continuously Variable Transmission Systems Market Trends:
CVT systems provide a smoother driving experience, more useable power, better fuel economy,
quicker acceleration and consume lesser fuel than conventional automatic or manual transmission
system. Further, there is a wide variety of CVT systems which are used in tractors, snowmobiles and
motor scooters, go-karts and mix harvesters.
Growing demand for these vehicles boosted the sales of CVTs across the globe. Moreover, design and
application engineers are focusing on the development and implementation of advanced CVT
technologies. For instance, TEAM Industries, an engineering and manufacturing company, is designing
and fabricating flyweights, springs and helixes using the latest toroidal traction technology required in
the CVT systems for optimum performance.
Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026.
5. Market Summary:
Breakup by Vehicle Type:
• Passenger cars
• Light commercial vehicles
• Heavy commercial vehicles
Breakup by Fuel:
• Gasoline
• Diesel
• Hybrid
Breakup by Capacity:
• Up to 1.5 L
• 1.5 L to 3.0 L
• Above 3.0 L
Report Description
Report Description and Highlights
6. Breakup by End User:
• OEM
• Aftermarket
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Middle East and Africa
• Latin America
Report Description
Report Description and Highlights
7. Competitive Landscape With Key players:
• TEAM Industries Inc
• Schaeffler AG
• Endurance Technologies Limited
• NIDEC-SHIMPO
• ZF Friedrichshafen AG
• STEYR
• Toyota Motor Corporation
• Gaokin Industry Co. Ltd
• General Transmissions
• Fallbrook Intellectual Property Company LLC
View Report TOC, Figures and Tables: https://www.imarcgroup.com/continuously-variable-
transmission-systems-market
Report Description
Report Description and Highlights
8. A partial List of our Clients
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world's leading corporates, governments, and
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Partial List of Clients
9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients