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According to the latest report by IMARC Group,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.
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Global Continuously Variable Transmission Systems Market Research Report and Forecast 2021-2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description 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. Request for a free sample: https://www.imarcgroup.com/continuously-variable-transmission-systems- market/requestsample
Report Description and Highlights Report Description 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.
Report Description and Highlights Report Description 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 and Highlights Report Description Breakup by End User: • OEM • Aftermarket Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America
Report Description and Highlights Report Description 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
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