Continuous Variable Transmission Market Expected to Grow at a CAGR of 8% from 2016-2022

PUNE, India, Nov. 29, 2016 /PRNewswire/ -- /MRFR Press Release/- Market Research Future published a half-cooked research report on Global Continuous Variable Transmission Market. The global market Continuous Variable Transmission is expected to grow at a CAGR of about 8% during the forecast period, 2016 to 2022.

Market Highlights

Continuous variable transmission is a type of transmission, changes gears perfectly through an infinite number of effective gear ratios. CVT has replaced planetary gear set in the automotive transmission with two variable pulleys and metal belt/chain running between them. Automotive industry is focusing on transmission systems to comply with the emission norms and to get fuel efficient system. And CVT system has emerged to provide fuel efficiency and enhanced driving experience with respect to auto gear shifting & improved acceleration. Moreover, CVT engines are demandable in automotive industry as it provides better fuel economy, more power, and convenient driving experience than traditional automotive transmission systems.

Taste the market data and market information presented through more than 85 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on "Global Continuous variable transmission Market Research Report - Forecast to 2022"

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North American and European region has stringent emissions and fuel efficiency regulations. Manufacturer and supplier are developing a transmission system to comply with the emission norms in the market. CVT systems are fuel efficient & provide more power is expected to drive the market in the North America. Also the higher technological development in the region is also a driving factor for the growth of continuous variable transmission market. 

Continuous Variable Transmission Market

The key players of global Continuous variable transmission market report include BorgWarner, Jatco, Punch Powertrain, Toyota Motors, ZF, Aisin Seiki, Efficient Drivetrains, Folsom Technologies International, Hunan Jianglu & Rongda, and Hyundai Motor.

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Scope of the report

This study provides an overview of the global continuous variable transmission industry, tracking market segments across the categorized four geographic regions. The report provides a six-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, and the rest of the world. The scope of the study segments the global continuous variable transmission market based on type, and fuel.

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SOURCE Market Research Future