According to the latest report by IMARC Group, titled “Continuously Variable Transmission System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market reached a value of US$ 18.6 Billion in 2020. The global continuously variable transmission systems market share to grow at a CAGR of around 6% during 2021-2026. A continuously variable transmission (CVT) is a type of automatic transmission system in which the ratio of the rotational speeds of two shafts vary continuously within a given range, providing an infinite number of possible ratios. It has a…

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