Continuous Variable Transmission Market Size

Continuous Variable Transmission Market Size

The global continuous variable transmission market size was valued at USD 9.8 billion in 2024 and is projected to grow at a CAGR of 6.4% between 2025 and 2034. Consumer preference for a smoother driving experience significantly drives the growth of the market. Unlike traditional automatic or manual transmissions that shift between fixed gear ratios, CVTs provide a seamless transition across an infinite number of gear ratios. This feature eliminates the jerky or noticeable gear shifts that many drivers find disruptive, resulting in a smoother and more comfortable ride, particularly in stop-and-go traffic.

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For many drivers, especially in urban areas, the smoothness of a CVT substantially enhances the overall driving experience. In congested cities with frequent traffic, the ease of acceleration without gear shift interruptions makes driving less stressful and more enjoyable.
 

For instance, in May 2024, Nissan launched the Magnite Geza CVT Special Edition in India. This new variant celebrates the first anniversary of the Geza Edition and is available exclusively with a turbo-petrol CVT configuration. The vehicle is powered by a 1.0-litre turbo-petrol engine that produces 99 bhp and 152 Nm of peak torque, paired with a CVT for smooth driving.
 

The increasing demand for fuel-efficient vehicles is another factor driving the growth of the market. As consumers become more environmentally conscious and fuel prices rise, there is a growing preference for vehicles that offer superior fuel economy. CVTs are essential in meeting this demand, as they enable the engine to operate at its most efficient RPM (revolutions per minute), regardless of the vehicle's speed.
 

Unlike traditional automatic or manual transmissions, which shift between fixed gear ratios, CVTs provide an infinite range of gear ratios. This allows the engine to remain within its optimal power band, thereby improving fuel efficiency and reducing unnecessary fuel consumption.