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Continuously Variable Transmissions System Market in APAC 2016-2020

  • Published: Jun 2016
  • Pages: 71
  • SKU: IRTNTR8932
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This market research report presents a detailed segmentation of the continuously variable transmissions (CVT) system market in APAC by vehicle type and includes sub-segments like passenger cars and commercial vehicles. The key leading vendors in this market are Aisin AW, Punch Powertrain, IAV, and JATCO.

Overview of the continuously variable transmissions (CVT) system market in APAC

Technavio’s market research analyst predicts that the continuously variable transmissions (CVT) system market in APAC will grow impressively at a CAGR of just over 12% during the forecast period. Rising health and environmental concerns have led to the implementation of stringent emission norms, which in turn is expected to drive the prospects for growth in this market over the next few years. Besides this factor, the globalization of the auto industry will have a big impact on the APAC region.  Earlier, such regulations were mostly prevalent in developed countries such as US, Germany, UK and Canada. However, various countries from APAC have adopted emission regulations in a bid to control the harmful impact on the natural environment. Such legislations mandate the use of efficient technologies that help to reduce emissions and improve fuel economy. With more countries adopting emission norms, the OEMs are expected to drive the adoption of CVT system at a rapid pace until the end of 2020.

In this industry research report, the analysts have estimated factors such as advances in the powertrain technology to contribute to the growth of this market over the forecast period. Early transmission systems comprised of multiple mechanical components, which were replaced with electronic components. The incorporation of electronic components will not only help to reduce the weight of the vehicle but also ensure higher accuracy in operations.Recent advances in powertrain technology have also led to the introduction of transmission systems that have higher internal pressures and greater instantaneous forces. Such technological advances enable seamless gear shifts without the loss of tractive force. Since these advances have made quite an impression on manufacturers and consumers, it will lead to the extensive use of CVT technologies until the end of 2020.

Segmentation by vehicle type and analysis of the CVT system market in APAC

  • Passenger cars
  • Commercial vehicles

The passenger car segment dominated the market and accounted for a market share of more than 84% during 2015. The APAC region is the largest market for passenger cars in the world and is also the fastest technology adopter. With the introduction of strict regulations pertaining to safety, emissions, and fuel economy, many automakers have been compelled to introduce AT and CVT in many of their models. CVT technologies are also used in hybrid vehicles as they have the ability to use electrical and fuel power simultaneously.

Competitive landscape and key vendors

The CVT system market in APAC is highly consolidated and is dominated by the four leading vendors. The market is characterized by innovation and the development of advanced CVT systems. The complex nature of the automotive industry is having an impact on CVT system manufacturers as they face cost restrictions and pressure from OEM suppliers. The top four vendors account for over 80% of the total market share in APAC.

Key vendors in the market are -

  • Aisin AW
  • Punch Powertrain
  • IAV
  • JATCO

Other prominent vendors in the market include BorgWarner, Chery Automobile, LuK, and TEAM.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the CVT system market in APAC?
  • What are the key market trends impacting the growth of the CVT system market in APAC?
  • What are the challenges to market growth?
  • Who are the key vendors in the CVT system market in APAC?
  • What are the market opportunities and threats faced by the vendors in the CVT system market in APAC?
  • Trending factors influencing the market shares in APAC.
  • What are the key outcomes of the five forces analysis of the CVT system market in APAC?

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Continuously variable transmissions (CVT) is a form of automatic transmission which technically doesn't have gears, and hence, the driver doesn't feel gear shifts experienced in a standard mechanical transmission. Vehicles equipped with CVT systems have an above-average fuel economy and an efficient power delivery. Such vehicles reduce the effort on the gear shift and add to the convenience of the driver. These vehicles have a high demand in regions such as APAC, which experience massive traffic congestions.

The report, continuously variable transmissions system market in APAC, is part of Technavio’s automotive research portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as auto accessories, automotive components, automotive electronics, automotive manufacturing, automotive services, powertrain, and wheels and tires. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.

Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of  the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights
  • Value chain analysis
  • Product life cycle
  • Regulatory frameworks

PART 05: Market landscape

  • Market segmentation by vehicle type
  • CVT market in APAC for passenger cars
  • CVT market in APAC for commercial vehicles
  • Five forces analysis

PART 06: Key leading countries

PART 07: Market drivers

  • Fuel efficiency benefits
  • Globalization of automotive industry to increase demand for CVT
  • High growth of compact, sports, and crossovers launches
  • Stringent emission norms

PART 08: Impact of drivers

PART 09: Market challenges

PART 10: Impact of drivers and challenges

PART 11: Market trends

PART 12: Vendor landscape

  • Competitive scenario
  • Market share analysis
  • Competitive benchmarking
  • Other prominent vendors

PART 13: Key vendor analysis

  • Aisin AW
  • Punch Powertrain
  • IAV
  • JATCO

PART 14: Appendix

  • List of abbreviations

PART 15: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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