Transmission represents a key function of powertrains in automotive vehicles. A vehicle's transmission is a type of gearbox that directs the power generated from an internal combustion engine to the wheel axle. Typically, an automotive transmission system includes the entire drivetrain, which comprises components such as a gearbox, clutch, prop shaft, drive shafts, and differentials, among others. Different types of transmission systems used in vehicles include manual transmission, HVT, automatic transmission, CVT, and DCT.
The analysts forecast the global automotive hydro-mechanical variable transmission system market to grow at a CAGR of 66.95% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive hydro-mechanical variable transmission system market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of automotive hydro-mechanical variable transmission systems.
The market is divided into the following segments based on geography:
The report, Global Automotive Hydro-mechanical Variable Transmission System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Kinetics Drive Solutions
- Bosch Rexroth St. Jude Medical
- Higher fuel efficiency compared to other transmission systems
- Threat from substitutes: Existing commercially viable transmission technology
- Technological advancements in enhancing HVT systems
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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- Report coverage
- Research methodology
- Economic indicators
- Key market highlights
- Value chain analysis
- Product lifecycle
- Market overview
- Market size and forecast
- Five forces analysis
- Higher fuel efficiency compared to other transmission systems
- Potential use of HVT systems in other applications
- Introduction of Tier 4 and Stage IIIB and Stage IV emission standards to boost adoption of HVT systems in off-road vehicles
PART 08: Market challenges
PART 09: Impact of drivers and challenges
PART 10: Market trends
PART 11: Geographical segmentation
- Global HVT system market by geographical segmentation 2015-2020
- HVT system market in Americas
- HVT system market in Europe
- HVT system market in APAC
- Competitive scenario
PART 14: Appendix
- List of abbreviations
List of Exhibits
Exhibit 01: Report coverage
Exhibit 02: Types of transmission
Exhibit 03: Working principle of HVT
Exhibit 04: HVT value chain
Exhibit 05: Product lifecycle of vehicle transmission system 2015
Exhibit 06: Product lifecycle vehicle transmission system 2020
Exhibit 07: HVT applications
Exhibit 08: Construction equipment industry sales 2015-2020 (millions of units)
Exhibit 09: Global construction tractor market 2015-2016 ($ billions)
Exhibit 10: Global agricultural equipment sales 2015-2020 (millions of units)
Exhibit 11: Global HVT system market 2015-2020 (units)
Exhibit 12: Penetration percentage of HVT in construction and agriculture vehicles
Exhibit 13: Five forces analysis
Exhibit 14: US and EU emission regulations for off-road diesel vehicles
Exhibit 15: Impact of drivers
Exhibit 16: Impact of drivers and challenges
Exhibit 17: Global HVT system market by geography 2015
Exhibit 18: Global HVT system market by geography 2015-2020 (units)
Exhibit 19: HVT system market in the Americas 2015-2020 (units)
Exhibit 20: Total construction start index in US 2014-2016 ($ billions)
Exhibit 21: HVT system market in Europe 2015-2020 (units)
Exhibit 22: Commodity price changes in Germany 2014
Exhibit 23: HVT system market in APAC 2015-2020 (units)
Exhibit 24: Bosch Rexroth: Product mapping
Exhibit 25: Kinetics Drive Solutions: Product and service offerings
Exhibit 26: Kinetics Drive Solutions revenue model
The author of the report recognizes the following companies as the key players in the global automotive hydromechanical variable transmission (HVT) system market: Kinetics Drive Solutions and Bosch Rexroth.
Commenting on the report, an analyst from the research team said: “Technological advancements in enhancing HVT systems will be a key trend for this market. HVT manufacturers are aggressively involved in enhancing the technology and making it more reliable and efficient. For instance, Dana Rexroth has pioneered the concept and is enhancing the product through innovations and development of new products.”
According to the report, one driver bolstering growth in this market is the potential use of HVT systems in other applications. HVT systems have been offered in tractors as a standard fit or as an option. Recently HVT has shown considerable demand from other applications, especially heavy-duty off-road vehicles. The growing need to reduce fossil fuel consumption and vehicular emissions has pushed manufacturers to develop advanced, sophisticated, and efficient propulsion systems. This has led to the development of several automatic transmission technologies, such as AMT and CVT, which help to improve drivability, comfort, and productivity.
Further, the report states that one challenge that will negatively impact market growth will be the high cost and design complexity of HVT systems. HVT systems account for approximately 20% of the entire vehicle's cost. OEMs face difficulties in maintaining profitability because the cost of installing such systems remains high. HVT replacement or repair is always associated with high component and labor costs. In addition, the cost of components used to manufacture HVT systems and the design and quality control costs of HVTs are expensive - these factors add to the overall cost of production.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.