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.