Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Continuously Variable Transmission Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Continuously Variable Transmission Market?
The market size of the continuously variable transmission has seen a consistent increase over the years. It is projected to expand from a market value of $21.2 billion in 2024 to $22.11 billion in 2025, with a compound annual growth rate (CAGR) of 4.3%.
What Is the Forecasted CAGR for the Continuously Variable Transmission Market by 2029?
The Continuously Variable Transmission Global Market Report 2025 projects that by 2029, the market size will have grown to $26.55 billion. This represents a compound annual growth rate (CAGR) of 4.7%.
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What Are the Market Drivers in the Continuously Variable Transmission Industry?
The key drivers in the continuously variable transmission market are:
• Increased production of automobiles globally
• Rising demand for eco-friendly vehicles
• The advent of more local manufacturers in the market
• Increased awareness regarding environmental pollution and the role of automobiles in it.
What Is the Segment-Wise Breakdown of the Continuously Variable Transmission Market?
The continuously variable transmission market covered in this report is segmented –
1) By Type: Belt-Chain Drive Continuously Variable Transmission, Planetary Continuously Variable Transmission
2) By Capacity: Up To 1.5 L, 1.5 L To 3.0 L, Above 3.0 L
3) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Other Vehicles
4) By End-Use: Original Equipment Manufacturer, After market
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Which Emerging Trends Are Driving Growth in the Continuously Variable Transmission Sector?
The key trends in the continuously variable transmission market are:
• Technological advancements in the Continuously Variable Transmission (CVT) market are a prominent emerging trend.
• The increasing adoption of CVT in luxury vehicles indicates a significant future trend.
• Start-stop systems are becoming more prevalent in the CVT market.
• Integration of CVT with hybrid and electric vehicles is an emerging trend shaping the industry.
Which Companies Are Dominating the Continuously Variable Transmission Market in Terms of Revenue?
Major players in the continuously variable transmission market are:
• Toyota Motor Corporation
• Honda Motor Co. Ltd.
• Hyundai Motor Company
• Robert Bosch GmbH
• Kia Motors
• Renault S.A.
• ZF Friedrichshafen AG
• Aisin Corporation
• Mazda Motor Corporation
• Subaru Corporation
• Geely Automobile
• Nidec-Shimpo Corporation
• Chery Automobile Co. Ltd.
• BorgWarner Inc.
• Peugeot S.A.
• Endurance Technologies Limited
• Team Industries Inc.
• IAV GmbH
• JATCO Ltd.
• Steyr Motors GmbH
• Gaokin Industry Co. Ltd.
• Wanliyang Co. Ltd.
What Are the Regions Driving Demand in the Continuously Variable Transmission Market?
Asia-Pacific was the largest region in the continuously variable transmission market in 2024
