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In order to meet stringent carbon emission norms and reduce transmission power response time, automobile manufacturers are continuously undertaking research efforts to improve vehicle performance, which are leading to improvement of transmission systems.
Transmission systems selected for study include dual clutch transmission (DCT) and continuously variable transmission (CVT). The report provides market volume (000 units) and revenue ($ million) forecast for DCT and CVT from 2012 to 2018 for regions such as Asia-Pacific, North America, Europe, and Rest of the World (ROW); respective major countries, and vehicle types such as passenger cars and commercial vehicles. Profiles of the leading companies in the design, development, and manufacturing of DCT and CVT systems for automobiles are also included.
Different user preferences and requirements have led to diversified market conditions for DCT and CVT across various regions. For instance, DCTs are expected to have higher installation rates and CVTs are expected to phase out in Europe. On the other hand, in North America and Asia CVTs are predominantly used over DCT.
The global DCT market is expected to reach 7.15 million units by 2018, Europe is expected to lead the market followed by Asia-Pacific, and North America and the global CVT market is expected to reach 11.55 million units by 2018, where Asia-Pacific is expected to lead the market followed by North America and Europe.
The burning issues identified in the market are lower installation rates of these technologies and high cost constraints. The winning imperatives for manufacturers are identified as facility expansions, technical collaborations, and long term supply contracts.
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.