세계의 무단변속기(CVT) 시장 - 규모, 점유율, 성장 및 산업 분석 : 유형별, 용도별, 지역별 인사이트 및 예측(2024-2032년)

Growth Factors of Continuous Variable Transmission (CVT) Market

The global Continuous Variable Transmission (CVT) market was valued at USD 20.22 billion in 2024, is projected to reach USD 21.95 billion in 2025, and is anticipated to grow to USD 43.90 billion by 2032, registering a robust CAGR of 10.4% during the forecast period (2025-2032).

A Continuous Variable Transmission (CVT) is an automatic transmission system that provides an infinite range of gear ratios for seamless power delivery. Unlike traditional gear-based transmissions, CVTs use a belt and pulley mechanism that maintains the engine's optimal speed, enhancing fuel efficiency, acceleration smoothness, and driving comfort. Owing to their ability to reduce mechanical losses and improve mileage, CVTs are increasingly used in compact cars, SUVs, and hybrid vehicles.

The market's expansion is primarily driven by rising demand for fuel-efficient and eco-friendly vehicles, regulatory emission targets, and technological innovation in transmission systems. Leading companies such as Toyota Motor Corporation, Honda Motor Co., Ltd., JATCO Ltd., Aisin Corporation, and Punch Powertrain dominate the global CVT industry through continuous R&D investments in lightweight, efficient, and hybrid-compatible CVT systems.

Market Trends

A defining trend in the CVT industry is the shift toward advanced, lightweight CVT designs. Innovations such as JATCO's CVT-XS, launched in October 2023, exemplify this evolution. Designed for small and mid-size front-wheel-drive vehicles, the CVT-XS achieves 90% transmission efficiency and incorporates a downsized mechanical oil pump, multi-plate clutch, and twin oil-pump system for smoother performance and reduced friction losses.

This lightweight design trend aligns with global emission mandates, such as the U.S. GHG/CAFE targets and the EU's "Fit for 55" plan, which emphasize reducing carbon emissions and improving fuel economy. Automakers are thus developing compact, high-efficiency CVT units that meet both performance and environmental goals.

Market Dynamics

Drivers - Rising Demand for Fuel Efficiency and Emission Compliance

The CVT market is expanding due to stringent global CO2 regulations and consumer demand for fuel-efficient vehicles. In Europe, the "Fit for 55" initiative mandates a 55% reduction in average CO2 emissions by 2030, while in the U.S., the EPA's 2024 rules call for nearly a 50% cut in fleet-average greenhouse gas emissions by 2032.

CVTs directly support these goals by optimizing engine RPM, reducing fuel consumption, and improving vehicle efficiency by up to 4% compared to traditional automatics. Automakers such as Nissan and Toyota are integrating CVTs in both ICE and hybrid vehicles to meet corporate sustainability targets. For instance, Nissan and JATCO's $50 million investment in a U.K. EV powertrain facility will combine CVT technology with electric components for hybrid and mild-hybrid vehicles by 2026.

Restraints - Limited Torque Handling for Large Vehicles

Despite efficiency benefits, CVTs face challenges in high-torque and performance applications, such as heavy-duty SUVs and sports cars. The friction-based belt or chain mechanisms can overheat under high loads, leading to wear and slippage. Automakers like Subaru have implemented enhanced cooling systems to mitigate this, but the technology remains best suited for light-duty and mid-range vehicles.

Opportunities - Integration in High-Performance and Hybrid Vehicles

Advances in chain materials, lubrication systems, and electronic control units are expanding CVT applicability to performance and luxury vehicles. Innovations such as Bosch's CVT4EV project (2023)-featuring a steel belt that handles 400+ Nm torque-and ZF Friedrichshafen's "CVT-Sport" software (2024), which simulates stepped gear shifts for sporty driving, are revolutionizing the segment.

The growth of e-CVTs in hybrid and plug-in hybrid vehicles (PHEVs) presents additional opportunities. By 2027, 43% of hybrid vehicles in Europe are expected to use CVT-based drivetrains, supported by Euro 7 norms and Japan's Green Vehicle Promotion Council initiatives that position CVTs as a key transitional technology toward electrification.

Segmentation Insights

By Vehicle Type

The passenger vehicle segment, particularly SUVs, dominates the market due to global consumer preference for spacious, fuel-efficient vehicles. Automakers such as Ford and Toyota continue integrating advanced CVTs in crossovers and family cars. Light commercial vehicles are also adopting CVTs to meet fuel economy norms, while heavy commercial vehicles employ hydrostatic CVTs, valued at USD 3 billion in 2024, for industrial and agricultural use.

By Type

The belt-driven CVT segment led the market in 2024, favored for its cost-efficiency, simplicity, and smooth power delivery. It remains the most widely used configuration in passenger vehicles. Meanwhile, the chain-driven CVT segment is growing fastest, supported by demand for high-torque, performance-oriented vehicles such as SUVs.

By Component

Pulleys hold the largest market share, as they are central to adjusting transmission ratios for optimal performance. Belts/chains follow, with new steel and carbon-fiber designs improving durability and torque handling. Control units represent the fastest-growing component, driven by increasing adoption of smart CVT control software featuring adaptive algorithms and real-time diagnostics.

By Propulsion

The Internal Combustion Engine (ICE) segment remains dominant in 2025, as CVTs are extensively used in compact and mid-size gasoline vehicles for fuel optimization. The Hybrid Electric Vehicle (HEV) segment, however, is expanding rapidly as e-CVTs support seamless transitions between combustion and electric power. Though smaller, the Battery Electric Vehicle (BEV) segment is exploring CVTs for smoother power delivery and improved efficiency in specific applications.

Regional Insights

Asia Pacific

Asia Pacific leads the market with a valuation of USD 8.32 billion in 2024, driven by robust automotive manufacturing in Japan, China, and India. Japan remains the hub of CVT innovation, with Toyota, Nissan, and Honda spearheading adoption. China's emissions targets and rising demand for small fuel-efficient cars further strengthen the region's dominance.

North America

North America holds a significant share, led by the U.S., where Nissan, Subaru, and Honda employ CVTs extensively to meet CAFE fuel economy standards. Growth in hybrid SUVs and sedans continues to drive regional expansion, with steady adoption in Canada and Mexico.

Europe

Europe's CVT market is expanding under strict Euro 6 and Euro 7 emission regulations. Germany, France, and the U.K. lead in compact and hybrid CVT-equipped vehicles. The region's fastest-growing segment is hybrid CVTs, which help automakers comply with CO2 reduction targets.

Rest of the World

In Latin America and the Middle East, CVT adoption is moderate but rising, with Brazil showing interest in budget-friendly CVT models. The Middle East & Africa market remains small, favoring traditional automatics for SUVs. However, hybrid-friendly policies may stimulate gradual adoption.

Competitive Landscape

The global CVT market is consolidated, led by JATCO Ltd., Aisin Corporation, ZF Friedrichshafen AG, and BorgWarner Inc..

• JATCO Ltd. dominates as the world's largest CVT manufacturer, with a global network supplying Nissan, Mitsubishi, and Renault. Its CVT8, CVT9, and e-CVT series offer superior fuel efficiency and smooth performance.
• Aisin Corporation, a Toyota Group company, specializes in precision-engineered CVTs and e-CVTs, widely used in Toyota Prius and Corolla Hybrid.
• Other notable players include Hyundai Transys, Getrag, Eaton, and GKN Automotive.

Recent Developments:

• January 2025: Subaru launched the Crosstrek Hybrid featuring a next-gen e-CVT.
• July 2024: Nissan reintroduced the X-Trail in India with 3rd-gen Xtronic CVT.
• December 2024: Alter Ego unveiled the world's first geared CVT, offering 10% higher efficiency than traditional designs.
• August 2023: Nidec Powertrain Systems developed a new electric oil pump to support CVTs in idling-stop hybrid systems.

Conclusion

The global CVT market is on a strong growth trajectory through 2032, supported by regulatory pressure for fuel efficiency, hybrid vehicle proliferation, and continuous innovation in transmission design. While torque limitations and performance constraints remain, advancements in chain materials, control electronics, and e-CVT architectures are expanding the technology's relevance across all vehicle classes.

Market Size Overview:

• 2024: USD 20.22 Billion
• 2025: USD 21.95 Billion
• 2032: USD 43.90 Billion
• CAGR (2025-2032): 10.4%

Segmentation By Type

• Belt-driven CVT
• Chain-driven CVT
• Toroidal CVT
• Hydrostatic CVT
• Others

By Component

• Pulleys
• Belts/Chains
• Control Units

By Vehicle Type

• Hatchback/Sedan
• SUV
• LCV
• HCV

By Propulsion Type

• ICE
• HEV
• BEV

By Region

• North America (By Type, By Vehicle Type, By Component, By Propulsion Type, and by Country)
  • U.S. (By Vehicle Type)
  • Canada ( By Vehicle Type )
  • Mexico ( By Vehicle Type )
• Europe ( By Type, By Vehicle Type, By Component, By Propulsion Type, and by Country )
  • Germany ( By Vehicle Type )
  • France ( By Vehicle Type )
  • U.K. ( By Vehicle Type )
  • Italy ( By Vehicle Type )
  • Spain ( By Vehicle Type )
  • Rest of Europe ( By Vehicle Type )
• Asia Pacific ( By Type, By Vehicle Type, By Component, By Propulsion Type, and by Country )
  • China ( By Vehicle Type )
  • India ( By Vehicle Type )
  • Japan ( By Vehicle Type )
  • South Korea ( By Vehicle Type )
  • Rest of Asia Pacific ( By Vehicle Type )Rest of the World (By Type, By Vehicle Type, By Component, By Propulsion Type, and by Country)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities
• 3.4. Market Trends

4. Key Insights

• 4.1. Key Industry Developments - Mergers, Acquisitions & Partnerships
• 4.2. Latest Technological Advancements
• 4.3. Porters Five Forces Analysis
• 4.4. Suppliers Outlook (Who Supply Whom)
• 4.5. Patent Analysis
• 4.6. Impact of Tariff on Global Continuous Variable Transmission Market

5. Global Continuous Variable Transmission Market Analysis, Insights and Forecast, 2019-2032

• 5.1. Key Findings / Definition
• 5.2. Market Analysis, Insights and Forecast - By Type
  • 5.2.1. Belt-driven CVT
  • 5.2.2. Chain-driven CVT
  • 5.2.3. Toroidal CVT
  • 5.2.4. Hydrostatic CVT
  • 5.2.5. Others
• 5.3. Market Analysis, Insights and Forecast - By Component
  • 5.3.1. Polleys
  • 5.3.2. Belts/Chains
  • 5.3.3. Control Units
• 5.4. Market Analysis, Insights and Forecast - By Vehicle Type
  • 5.4.1. Hatchback/Sedan
  • 5.4.2. SUV
  • 5.4.3. LCV
  • 5.4.4. HCV
• 5.5. Market Analysis, Insights and Forecast - By propolsion Type
  • 5.5.1. ICE
  • 5.5.2. HEV
  • 5.5.3. BEV
• 5.6. Market Analysis, Insights and Forecast - By Region
  • 5.6.1. North America
  • 5.6.2. Europe
  • 5.6.3. Asia Pacific
  • 5.6.4. Rest of the World

6. North America Continuous Variable Transmission Market Analysis, Insights and Forecast, 2019-2032

• 6.1. Market Analysis, Insights and Forecast - By Type
  • 6.1.1. Belt-driven CVT
  • 6.1.2. Chain-driven CVT
  • 6.1.3. Toroidal CVT
  • 6.1.4. Hydrostatic CVT
  • 6.1.5. Others
• 6.2. Market Analysis, Insights and Forecast - By Component
  • 6.2.1. Polleys
  • 6.2.2. Belts/Chains
  • 6.2.3. Control Units
• 6.3. Market Analysis, Insights and Forecast - By Vehicle Type
  • 6.3.1. Hatchback/Sedan
  • 6.3.2. SUV
  • 6.3.3. LCV
  • 6.3.4. HCV
• 6.4. Market Analysis, Insights and Forecast - By propolsion Type
  • 6.4.1. ICE
  • 6.4.2. HEV
  • 6.4.3. BEV
• 6.5. Market Analysis, Insights and Forecast - By Country
  • 6.5.1. S.
    • 6.5.1.1. Market Analysis, Insights and Forecast - By Vehicle Type
  • 6.5.2. Canada
    • 6.5.2.1. Market Analysis, Insights and Forecast - By Vehicle Type
  • 6.5.3. Mexico
    • 6.5.3.1. Market Analysis, Insights and Forecast - By Vehicle Type

7. Europe Continuous Variable Transmission Market Analysis, Insights and Forecast, 2019-2032

• 7.1. Market Analysis, Insights and Forecast - By Type
  • 7.1.1. Belt-driven CVT
  • 7.1.2. Chain-driven CVT
  • 7.1.3. Toroidal CVT
  • 7.1.4. Hydrostatic CVT
  • 7.1.5. Others
• 7.2. Market Analysis, Insights and Forecast - By Component
  • 7.2.1. Polleys
  • 7.2.2. Belts/Chains
  • 7.2.3. Control Units
• 7.3. Market Analysis, Insights and Forecast - By Vehicle Type
  • 7.3.1. Hatchback/Sedan
  • 7.3.2. SUV
  • 7.3.3. LCV
  • 7.3.4. HCV
• 7.4. Market Analysis, Insights and Forecast - By propolsion Type
  • 7.4.1. ICE
  • 7.4.2. HEV
  • 7.4.3. BEV
• 7.5. Market Analysis, Insights and Forecast - By Country
  • 7.5.1. UK
    • 7.5.1.1. Market Analysis, Insights and Forecast - By Vehicle Type
  • 7.5.2. Germany
    • 7.5.2.1. Market Analysis, Insights and Forecast - By Vehicle Type
  • 7.5.3. France
    • 7.5.3.1. Market Analysis, Insights and Forecast - By Vehicle Type
  • 7.5.4. Rest of Europe
    • 7.5.4.1. Market Analysis, Insights and Forecast - By Vehicle Type

8. Asia Pacific Continuous Variable Transmission Market Analysis, Insights and Forecast, 2019-2032

• 8.1. Market Analysis, Insights and Forecast - By Type
  • 8.1.1. Belt-driven CVT
  • 8.1.2. Chain-driven CVT
  • 8.1.3. Toroidal CVT
  • 8.1.4. Hydrostatic CVT
  • 8.1.5. Others
• 8.2. Market Analysis, Insights and Forecast - By Component
  • 8.2.1. Polleys
  • 8.2.2. Belts/Chains
  • 8.2.3. Control Units
• 8.3. Market Analysis, Insights and Forecast - By Vehicle Type
  • 8.3.1. Hatchback/Sedan
  • 8.3.2. SUV
  • 8.3.3. LCV
  • 8.3.4. HCV
• 8.4. Market Analysis, Insights and Forecast - By propolsion Type
  • 8.4.1. ICE
  • 8.4.2. HEV
  • 8.4.3. BEV
• 8.5. Market Analysis, Insights and Forecast - By Country
  • 8.5.1. China
    • 8.5.1.1. Market Analysis, Insights and Forecast - By Vehicle Type
  • 8.5.2. Japan
    • 8.5.2.1. Market Analysis, Insights and Forecast - By Vehicle Type
  • 8.5.3. India
    • 8.5.3.1. Market Analysis, Insights and Forecast - By Vehicle Type
  • 8.5.4. South Korea
    • 8.5.4.1. Market Analysis, Insights and Forecast - By Vehicle Type

9. Rest of the World Continuous Variable Transmission Market Analysis, Insights and Forecast, 2019-2032

• 9.1. Market Analysis, Insights and Forecast - By Type
  • 9.1.1. Belt-driven CVT
  • 9.1.2. Chain-driven CVT
  • 9.1.3. Toroidal CVT
  • 9.1.4. Hydrostatic CVT
  • 9.1.5. Others
• 9.2. Market Analysis, Insights and Forecast - By Component
  • 9.2.1. Polleys
  • 9.2.2. Belts/Chains
  • 9.2.3. Control Units
• 9.3. Market Analysis, Insights and Forecast - By Vehicle Type
  • 9.3.1. Hatchback/Sedan
  • 9.3.2. SUV
  • 9.3.3. LCV
  • 9.3.4. HCV
• 9.4. Market Analysis, Insights and Forecast - By propolsion Type
  • 9.4.1. ICE
  • 9.4.2. HEV
  • 9.4.3. BEV

10. Competitive Analysis

• 10.1. Key Industry Developments
• 10.2. Global Market Rank Analysis (2024)
• 10.3. Competitive Dashboard
• 10.4. Comparative Analysis - Major Players
• 10.5. Company Profiles (Overview, Products & Services, SWOT Analysis, Recent Developments, Strategies, Financials (Based on Availability)
  • 10.5.1. JATCO Ltd. (Japan)
  • 10.5.2. Aisin Corporation (Japan)
  • 10.5.3. Honda Motor Co., Ltd. (Japan)
  • 10.5.4. Toyota Motor Corporation (Japan)
  • 10.5.5. ZF Friedrichshafen AG (Germany)
  • 10.5.6. Subaru Corporation (Japan)
  • 10.5.7. Nissan Motor Co., Ltd. (Japan)
  • 10.5.8. Hyundai Transys Inc. (South Korea)
  • 10.5.9. General Motors Company (USA)
  • 10.5.10. Punch Powertrain N.V. (Belgium)