Lewes, DE -- (SBWIRE) -- 07/05/2016 -- Report forecast the global automotive hydro-mechanical variable transmission system market to grow at a CAGR of 66.95% during the period 2016-2020.

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 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:

- Americas
- APAC
- Europe

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.

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.

key players in the global automotive hydromechanical variable transmission (HVT) system market: Kinetics Drive Solutions and Bosch Rexroth.

Market driver
- Higher fuel efficiency compared to other transmission systems
- For a full, detailed list, view our report

Market challenge
- Threat from substitutes: Existing commercially viable transmission technology
- For a full, detailed list, view our report

Market trend
- Technological advancements in enhancing HVT systems
- For a full, detailed list, view our report

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?

Spanning over 57 pages and 26 Exhibit "Global Automotive Hydro-mechanical Variable Transmission System Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Geographical segmentation, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-automotive-hydro-mechanical-variable-transmission-system-market-2016-2020

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