Global Automotive Hydro-mechanical Variable Transmission System Market 2016-2020 - Potential Use of HVT Systems in Other Applications to Drive the Market - Research and Markets

DUBLIN, July 12, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Automotive Hydro-mechanical Variable Transmission System Market 2016-2020" report to their offering.

The global automotive hydro-mechanical variable transmission system market to grow at a CAGR of 66.95% during the period 2016-2020.

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. To calculate the market size, the report considers the revenue generated from the sales of automotive hydro-mechanical variable transmission systems.

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.

Key vendors

- Kinetics Drive Solutions

- Bosch Rexroth St. Jude Medical

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market drivers

Part 07: Impact of drivers

Part 08: Market challenges

Part 09: Impact of drivers and challenges

Part 10: Market trends

Part 11: Geographical segmentation

Part 12: Vendor landscape

Part 13: Key vendor analysis

Part 14: Appendix

For more information visit http://www.researchandmarkets.com/research/kcq5mq/global_automotive

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