Electromagnetic Clutch System Market by Product (Dry, Wet, Magnetic Power) Forecast, 2020-2027

The electromagnetic clutch (EC) system is a power transmission assembly that transmits the power under the effect of the electromagnetic force, as the electromagnetic clutch system does not require any kind of linkage and can be used for the remote application. The electromagnetic clutch system has a wider application in the automotive industry as well as several other industries such as industrial machinery, food & beverages, and agriculture. Hence, the electromagnetic clutch system is rapidly is gaining traction in wireless applications to control or remove the clutch form of power transmission.

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Major Market Players:
Altra Industrial Motion Corp., The Carlyle Johnson Machine Company, LLC, Pethe Industrial Marketing Company Pvt. Ltd., Modimaz Engineers, Ogura Industrial Corp., Yan Co., Ltd., VICTOR GROUP, Samvardhana Motherson Group, Industrial Clutch Parts Ltd, Stearns

The factors such as growth in the automotive industry across the globe and the increased usage of the electromagnetic clutch system in 4-WD vehicles supplement the growth of the market. Moreover, the frequent use of electromagnetic clutch systems can create an overheating problem that can hinder the growth of the market. Furthermore, many leading players are focused to exchange the clutch switches with touch sensors or proximity sensors to make easily gear changing of vehicles so that these sensors can work quickly & fast compared to manual switches are a good opportunity to drive the growth of the electromagnetic clutch market.

The market is expected to see a sudden growth in developing countries across various regions due to the rise in automotive and industrial machinery. In Europe, due to the healthy production of industrial products, packaging machinery, among others, over the coming decades. Along, North America Region due to rising in luxurious vehicles with a growing industry. Keeping all these factors into mind, the forecast period will surely show a growth in the market.

Product
• Dry
• Wet
• Magnetic Power
• Other

Application
• Automotive Industry
• Printing Industry
• Textile Industry
• Packaging Industry
• Machine tools
• Others

Type
• Single Disk Clutch
• Multi-Disk Clutch

There has been increasing in the trend of 4WD vehicles has gone up in many countries, costumers are looking for additional torque/power plus many organization and industries are also buying these vehicles to pull a heavy load at slow speed. The electromagnetic Clutch plays a significant role in these vehicles as it helps in providing more power to all 4 vehicles of an automobile, Hence the growth of these vehicles will show positive growth in the market of the electromagnetic clutch system.

COVID-19 scenario analysis:
• The global market for electromagnetic clutch system is severely impacted by the outbreak of the
COVID-19 pandemic.
• The COVID-19 pandemic saw a decline in the economic growth in almost all the major countries, thus affecting consumer spending patterns.
• Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply-demand gap.
• Thus, insufficiency in raw material supply is expected to hamper the production rate of electromagnetic clutch systems, which negatively impact the market growth.
• However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities.

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