Lucintel's latest market report analyzed that continuously variable transmission provides attractive opportunities in passenger car, light commercial vehicle, heavy commercial vehicle, and other markets. The continuously variable transmission market is expected to reach $XX billion by 2028 with a CAGR of 5% to 7%. In this market, hybrid is the largest segment by fuel, whereas passenger cars is largest by vehicle type.

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Based on fuel, the continuously variable transmission market is segmented into gasoline, diesel, and hybrid. The hybrid segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, as these are fuel-efficient and delivers maximum speed at low engine speed.

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The Continuously Variable Transmission Market is marked by the presence of several big and small players. Some of the prominent players offering continuously variable transmission include TEAM Industries, Schaeffler, Endurance Technologies, NIDEC-SHIMPO, ZF Friedrichshafen, STEYR, Toyota Motor, Gaokin Industry., General Transmissions, Fallbrook Intellectual Property Company.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

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