Sun, 25 Jul 2021

The new report by Expert Market Research titled, 'Global Automotive Clutch Market Report and Forecast 2021-2026', gives an in-depth analysis of the global automotive clutch market, assessing the market based on its segments like applications, manufacturing process and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter's Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/automotive-clutch-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 10.4 billion
  • Forecast CAGR (2021-2026): 6%
  • Forecast Market Size (2026): USD 15 billion

The global automotive clutch market is projected to expand significantly over the forecast period owing to advances in automobile technology and the demand for electric cars. The global industry is expected to benefit from the rising trend and evolving customer demand for manual to semi-automatic or fully automatic transmission systems. Furthermore, rising customer disposable income has fueled car purchases and is projected to accelerate demand in the automobile industry. The availability of improved clutches, such as the Dual Clutch Transmission (DCT) system, further aids the growth of the industry. Original equipment manufacturers (OEMs) are expanding their manufacturing capacities by implementing advanced technologies to satisfy customer demand, which further aiding the growth of the market. The automated clutch market is expected to achieve the highest growth rate due to the rising demand from emerging economies.

Read Latest News on Automotive Clutch Market@ https://www.expertmarketresearch.com/pressrelease/global-automotive-clutch-market

Industry Definition and Major Segments

The clutch is a vehicle component that links two or more spinning shafts. The clutch in a transmission car governs the linkage between the engine shaft and the shafts that drive the wheels. Clutches require a mode of actuation to sever the transfer of torque. It is an essential aspect of the car's operating machinery because the motor produces electricity and has components that rotate continuously, but the wheels do not. The role and purpose of a clutch are to transfer torque from a spinning driving motor to the transmission.

By vehicle type, the market is divided into:

  • Passenger Vehicles
  • Commercial Vehicles

By transmission type, the market is divided into:

  • Manual Transmission
  • Automatic Transmission
  • Automated Manual Transmission (AMT)
  • Others

By Clutch type, the market is divided into:

  • Friction Clutch
  • Dog Clutch
  • Hydraulic Clutch
  • Others

Based on clutch disk/plate size, the industry can be segmented into:

  • Below 9 Inches
  • 9 Inches to 10 Inches
  • 10 Inches to 11 Inches
  • 11 Inches and Above
  • Others

By distribution channel, the market is categorised into:

  • Aftermarket
  • OEM

By Clutch type, the market is divided into:

  • Ceramic
  • Organic
  • Others

By region, the industry is categorised into:

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • The Middle East and Africa

Market Trends

There is an increasing need for high-performance systems in the motorsport industry to provide total power density, boosting the market growth for automotive clutch market. Though, the latest outbreak of COVID-19 will limit the growth of the automotive transmission industry. Lockdowns in major economies culminated in closing industrial plants and a halt in the production and import of car products. Furthermore, the poor fuel efficiency of vehicles with automated clutch systems is expected to hinder the growth of the industry slightly. The demand is also projected to be driven by the availability of low-cost manual transmission clutches versus torque converters with automatic transmission. Customer preference for more convenient modes of travel and the demand for passenger cars in developing markets are projected to boost consumer demand over the forecast period.

North America is projected to be the most dominant regional automotive clutch market over the forecast period owing to the rising demand for electric cars. Furthermore, over the projected period, strong vehicle demand in emerging economies such as China and India are expected to fuel growth across the Asia Pacific market. Electric vehicle demand is growing in Asia-Pacific countries such as Japan and China, two of the region's largest automotive hubs. The Indian automotive clutch market is expected to rise due to improving economic conditions in the country, increasing disposable income, and a preference for automatic transmissions, especially AMT technology. Further pushing the market would be stricter emission norms and fuel-efficiency requirements in Bharat Stage VI, which will see lighter and more fuel-efficient clutch models produced. The clutch market in Mexico is expected to rise in response to increasing domestic demand for personal vehicles. Due to difficult economic conditions, Latin America is projected to have a low growth rate; however, Brazil is expected to be an increasing potential market.

Key Market Players

The major players in the market are Magneti Marelli, Schaeffler Grou, ZF Friedrichshafen, Aisin Seiki, Valeo, BorgWarner, among Others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Also Read@ https://expertmarketresearch-emr.blogspot.com/2021/06/automotive-clutch-market.html

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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Contact Information:

Company Name: EMR Inc.

Contact Person: Matt Johnson, Corporate Sales Specialist

Email: sales@expertmarketresearch.com

Toll Free Number: +1-415-325-5166 | +44-702-402-5790

Address: 30 North Gould Street, Sheridan, WY 82801, USA

Twitter: https://twitter.com/expertmresearch

Facebook: https://www.facebook.com/expertmarketresearch

LinkedIn: https://www.linkedin.com/company/expert-market-research

Website: https://www.expertmarketresearch.com

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