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CVT Belt-Global Market Insights and Sales Trends 2025
Synopsis
The global CVT Belt market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of CVT Belt in various end use industries. The expanding demands from the Passenger Vehicles, Light Commercial Vehicles and Heavy Commercial Vehicles,, are propelling CVT Belt market. Steel Belt, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Plastic Belt segment is estimated at % CAGR for the next seven-year period.
Some driving factors for CVT (Continuously Variable Transmission) belts include:
1. Fuel Efficiency: CVT belts are known for their ability to provide smooth and seamless gear ratio changes, allowing the engine to operate at its most efficient RPM range. This leads to improved fuel efficiency, which is a key driving factor for many vehicle owners.
2. Performance and Acceleration: CVT belts offer better acceleration and performance compared to traditional automatic transmissions. They allow for continuous and stepless gear ratio changes, enabling the engine to provide instant power and smooth acceleration.
3. Driving Comfort: CVT belts provide a smoother and more comfortable driving experience due to the absence of gear shift shocks or jerks. The continuous and seamless gear changes contribute to a more refined and enjoyable driving experience.
4. Maintenance and Durability: CVT belts generally require less maintenance compared to traditional automatic transmission systems. The absence of clutch plates or gear components reduces the need for frequent maintenance or repairs. Additionally, CVT belts are designed to be more durable and withstand higher torque loads.
5. Adaptability to Different Driving Conditions: CVT belts are capable of adjusting gear ratios on the fly, making them suitable for a wide range of driving conditions. They can provide efficient power delivery for both low-speed city driving and high-speed highway cruising.
6. Noise Reduction: CVT belts are often quieter compared to traditional automatic transmissions. The continuous and stepless gear ratio changes eliminate the need for gear shifting noise, contributing to a quieter and more comfortable cabin environment.
7. Compact Size and Weight: CVT belts are typically more compact and lightweight compared to traditional automatic transmissions. This allows for better vehicle packaging, improved fuel efficiency, and enhanced handling characteristics.
8. Integration with Hybrid and Electric Vehicles: CVT belts are commonly used in hybrid and electric vehicles due to their ability to optimize power delivery and efficiency from the internal combustion engine or electric motor. This is an important driving factor as the demand for eco-friendly vehicles continues to grow.
9. Consumer Demand and Expectations: With the increasing popularity of CVT-equipped vehicles in the market, consumer demand and preference play a significant role in driving the adoption of CVT belts. Many consumers appreciate the smoothness, efficiency, and performance benefits offered by CVT-equipped vehicles.
10. Technological Advancements: Continued technological advancements in CVT belt design and manufacturing contribute to the development of more efficient, durable, and high-performance CVT belts. These advancements, driven by research and development efforts, further fuel the adoption of CVT belts in the automotive industry.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for CVT Belt, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global CVT Belt market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global CVT Belt market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, CVT Belt sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of CVT Belt covered in this report include Bosch, JATCO, GETRAG, Chongqing Tsingshan, Aisin, Zhejiang Wanliyang, Shaanxi Fast, Honda and Chery, etc.
The global CVT Belt market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
JATCO
GETRAG
Chongqing Tsingshan
Aisin
Zhejiang Wanliyang
Shaanxi Fast
Honda
Chery
Anhui Xingrui
MOBIS
Continental
Global CVT Belt market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global CVT Belt market, Segment by Type:
Steel Belt
Plastic Belt
Global CVT Belt market, by Application
Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of CVT Belt manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of CVT Belt in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global CVT Belt market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of CVT Belt in various end use industries. The expanding demands from the Passenger Vehicles, Light Commercial Vehicles and Heavy Commercial Vehicles,, are propelling CVT Belt market. Steel Belt, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Plastic Belt segment is estimated at % CAGR for the next seven-year period.
Some driving factors for CVT (Continuously Variable Transmission) belts include:
1. Fuel Efficiency: CVT belts are known for their ability to provide smooth and seamless gear ratio changes, allowing the engine to operate at its most efficient RPM range. This leads to improved fuel efficiency, which is a key driving factor for many vehicle owners.
2. Performance and Acceleration: CVT belts offer better acceleration and performance compared to traditional automatic transmissions. They allow for continuous and stepless gear ratio changes, enabling the engine to provide instant power and smooth acceleration.
3. Driving Comfort: CVT belts provide a smoother and more comfortable driving experience due to the absence of gear shift shocks or jerks. The continuous and seamless gear changes contribute to a more refined and enjoyable driving experience.
4. Maintenance and Durability: CVT belts generally require less maintenance compared to traditional automatic transmission systems. The absence of clutch plates or gear components reduces the need for frequent maintenance or repairs. Additionally, CVT belts are designed to be more durable and withstand higher torque loads.
5. Adaptability to Different Driving Conditions: CVT belts are capable of adjusting gear ratios on the fly, making them suitable for a wide range of driving conditions. They can provide efficient power delivery for both low-speed city driving and high-speed highway cruising.
6. Noise Reduction: CVT belts are often quieter compared to traditional automatic transmissions. The continuous and stepless gear ratio changes eliminate the need for gear shifting noise, contributing to a quieter and more comfortable cabin environment.
7. Compact Size and Weight: CVT belts are typically more compact and lightweight compared to traditional automatic transmissions. This allows for better vehicle packaging, improved fuel efficiency, and enhanced handling characteristics.
8. Integration with Hybrid and Electric Vehicles: CVT belts are commonly used in hybrid and electric vehicles due to their ability to optimize power delivery and efficiency from the internal combustion engine or electric motor. This is an important driving factor as the demand for eco-friendly vehicles continues to grow.
9. Consumer Demand and Expectations: With the increasing popularity of CVT-equipped vehicles in the market, consumer demand and preference play a significant role in driving the adoption of CVT belts. Many consumers appreciate the smoothness, efficiency, and performance benefits offered by CVT-equipped vehicles.
10. Technological Advancements: Continued technological advancements in CVT belt design and manufacturing contribute to the development of more efficient, durable, and high-performance CVT belts. These advancements, driven by research and development efforts, further fuel the adoption of CVT belts in the automotive industry.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for CVT Belt, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global CVT Belt market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global CVT Belt market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, CVT Belt sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of CVT Belt covered in this report include Bosch, JATCO, GETRAG, Chongqing Tsingshan, Aisin, Zhejiang Wanliyang, Shaanxi Fast, Honda and Chery, etc.
The global CVT Belt market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
JATCO
GETRAG
Chongqing Tsingshan
Aisin
Zhejiang Wanliyang
Shaanxi Fast
Honda
Chery
Anhui Xingrui
MOBIS
Continental
Global CVT Belt market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global CVT Belt market, Segment by Type:
Steel Belt
Plastic Belt
Global CVT Belt market, by Application
Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of CVT Belt manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of CVT Belt in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 CVT Belt Market Overview
1.1 CVT Belt Product Overview
1.2 CVT Belt Market Segment by Type
1.2.1 Steel Belt
1.2.2 Plastic Belt
1.3 Global CVT Belt Market Size by Type
1.3.1 Global CVT Belt Market Size Overview by Type (2018-2029)
1.3.2 Global CVT Belt Historic Market Size Review by Type (2018-2023)
1.3.3 Global CVT Belt Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America CVT Belt Sales Breakdown by Type (2018-2023)
1.4.2 Europe CVT Belt Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific CVT Belt Sales Breakdown by Type (2018-2023)
1.4.4 Latin America CVT Belt Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa CVT Belt Sales Breakdown by Type (2018-2023)
2 Global CVT Belt Market Competition by Company
2.1 Global Top Players by CVT Belt Sales (2018-2023)
2.2 Global Top Players by CVT Belt Revenue (2018-2023)
2.3 Global Top Players by CVT Belt Price (2018-2023)
2.4 Global Top Manufacturers CVT Belt Manufacturing Base Distribution, Sales Area, Product Type
2.5 CVT Belt Market Competitive Situation and Trends
2.5.1 CVT Belt Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by CVT Belt Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in CVT Belt as of 2022)
2.7 Date of Key Manufacturers Enter into CVT Belt Market
2.8 Key Manufacturers CVT Belt Product Offered
2.9 Mergers & Acquisitions, Expansion
3 CVT Belt Status and Outlook by Region
3.1 Global CVT Belt Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global CVT Belt Historic Market Size by Region
3.2.1 Global CVT Belt Sales in Volume by Region (2018-2023)
3.2.2 Global CVT Belt Sales in Value by Region (2018-2023)
3.2.3 Global CVT Belt Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global CVT Belt Forecasted Market Size by Region
3.3.1 Global CVT Belt Sales in Volume by Region (2024-2029)
3.3.2 Global CVT Belt Sales in Value by Region (2024-2029)
3.3.3 Global CVT Belt Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global CVT Belt by Application
4.1 CVT Belt Market Segment by Application
4.1.1 Passenger Vehicles
4.1.2 Light Commercial Vehicles
4.1.3 Heavy Commercial Vehicles
4.2 Global CVT Belt Market Size by Application
4.2.1 Global CVT Belt Market Size Overview by Application (2018-2029)
4.2.2 Global CVT Belt Historic Market Size Review by Application (2018-2023)
4.2.3 Global CVT Belt Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America CVT Belt Sales Breakdown by Application (2018-2023)
4.3.2 Europe CVT Belt Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific CVT Belt Sales Breakdown by Application (2018-2023)
4.3.4 Latin America CVT Belt Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa CVT Belt Sales Breakdown by Application (2018-2023)
5 North America CVT Belt by Country
5.1 North America CVT Belt Historic Market Size by Country
5.1.1 North America CVT Belt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America CVT Belt Sales in Volume by Country (2018-2023)
5.1.3 North America CVT Belt Sales in Value by Country (2018-2023)
5.2 North America CVT Belt Forecasted Market Size by Country
5.2.1 North America CVT Belt Sales in Volume by Country (2024-2029)
5.2.2 North America CVT Belt Sales in Value by Country (2024-2029)
6 Europe CVT Belt by Country
6.1 Europe CVT Belt Historic Market Size by Country
6.1.1 Europe CVT Belt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe CVT Belt Sales in Volume by Country (2018-2023)
6.1.3 Europe CVT Belt Sales in Value by Country (2018-2023)
6.2 Europe CVT Belt Forecasted Market Size by Country
6.2.1 Europe CVT Belt Sales in Volume by Country (2024-2029)
6.2.2 Europe CVT Belt Sales in Value by Country (2024-2029)
7 Asia-Pacific CVT Belt by Region
7.1 Asia-Pacific CVT Belt Historic Market Size by Region
7.1.1 Asia-Pacific CVT Belt Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific CVT Belt Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific CVT Belt Sales in Value by Region (2018-2023)
7.2 Asia-Pacific CVT Belt Forecasted Market Size by Region
7.2.1 Asia-Pacific CVT Belt Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific CVT Belt Sales in Value by Region (2024-2029)
8 Latin America CVT Belt by Country
8.1 Latin America CVT Belt Historic Market Size by Country
8.1.1 Latin America CVT Belt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America CVT Belt Sales in Volume by Country (2018-2023)
8.1.3 Latin America CVT Belt Sales in Value by Country (2018-2023)
8.2 Latin America CVT Belt Forecasted Market Size by Country
8.2.1 Latin America CVT Belt Sales in Volume by Country (2024-2029)
8.2.2 Latin America CVT Belt Sales in Value by Country (2024-2029)
9 Middle East and Africa CVT Belt by Country
9.1 Middle East and Africa CVT Belt Historic Market Size by Country
9.1.1 Middle East and Africa CVT Belt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa CVT Belt Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa CVT Belt Sales in Value by Country (2018-2023)
9.2 Middle East and Africa CVT Belt Forecasted Market Size by Country
9.2.1 Middle East and Africa CVT Belt Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa CVT Belt Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Bosch
10.1.1 Bosch Company Information
10.1.2 Bosch Introduction and Business Overview
10.1.3 Bosch CVT Belt Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Bosch CVT Belt Products Offered
10.1.5 Bosch Recent Development
10.2 JATCO
10.2.1 JATCO Company Information
10.2.2 JATCO Introduction and Business Overview
10.2.3 JATCO CVT Belt Sales, Revenue and Gross Margin (2018-2023)
10.2.4 JATCO CVT Belt Products Offered
10.2.5 JATCO Recent Development
10.3 GETRAG
10.3.1 GETRAG Company Information
10.3.2 GETRAG Introduction and Business Overview
10.3.3 GETRAG CVT Belt Sales, Revenue and Gross Margin (2018-2023)
10.3.4 GETRAG CVT Belt Products Offered
10.3.5 GETRAG Recent Development
10.4 Chongqing Tsingshan
10.4.1 Chongqing Tsingshan Company Information
10.4.2 Chongqing Tsingshan Introduction and Business Overview
10.4.3 Chongqing Tsingshan CVT Belt Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Chongqing Tsingshan CVT Belt Products Offered
10.4.5 Chongqing Tsingshan Recent Development
10.5 Aisin
10.5.1 Aisin Company Information
10.5.2 Aisin Introduction and Business Overview
10.5.3 Aisin CVT Belt Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Aisin CVT Belt Products Offered
10.5.5 Aisin Recent Development
10.6 Zhejiang Wanliyang
10.6.1 Zhejiang Wanliyang Company Information
10.6.2 Zhejiang Wanliyang Introduction and Business Overview
10.6.3 Zhejiang Wanliyang CVT Belt Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Zhejiang Wanliyang CVT Belt Products Offered
10.6.5 Zhejiang Wanliyang Recent Development
10.7 Shaanxi Fast
10.7.1 Shaanxi Fast Company Information
10.7.2 Shaanxi Fast Introduction and Business Overview
10.7.3 Shaanxi Fast CVT Belt Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Shaanxi Fast CVT Belt Products Offered
10.7.5 Shaanxi Fast Recent Development
10.8 Honda
10.8.1 Honda Company Information
10.8.2 Honda Introduction and Business Overview
10.8.3 Honda CVT Belt Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Honda CVT Belt Products Offered
10.8.5 Honda Recent Development
10.9 Chery
10.9.1 Chery Company Information
10.9.2 Chery Introduction and Business Overview
10.9.3 Chery CVT Belt Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Chery CVT Belt Products Offered
10.9.5 Chery Recent Development
10.10 Anhui Xingrui
10.10.1 Anhui Xingrui Company Information
10.10.2 Anhui Xingrui Introduction and Business Overview
10.10.3 Anhui Xingrui CVT Belt Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Anhui Xingrui CVT Belt Products Offered
10.10.5 Anhui Xingrui Recent Development
10.11 MOBIS
10.11.1 MOBIS Company Information
10.11.2 MOBIS Introduction and Business Overview
10.11.3 MOBIS CVT Belt Sales, Revenue and Gross Margin (2018-2023)
10.11.4 MOBIS CVT Belt Products Offered
10.11.5 MOBIS Recent Development
10.12 Continental
10.12.1 Continental Company Information
10.12.2 Continental Introduction and Business Overview
10.12.3 Continental CVT Belt Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Continental CVT Belt Products Offered
10.12.5 Continental Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 CVT Belt Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 CVT Belt Industrial Chain Analysis
11.4 CVT Belt Market Dynamics
11.4.1 CVT Belt Industry Trends
11.4.2 CVT Belt Market Drivers
11.4.3 CVT Belt Market Challenges
11.4.4 CVT Belt Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 CVT Belt Distributors
12.3 CVT Belt Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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