Press release
Global Automotive Clutch Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast - 2022 to 2028
The global automotive clutch market is anticipated to grow at a CAGR of 6.5% during the forecast period (2022-2028).An automotive clutch is a mechanical device used to transfer the rotational power to the wheels from the engine in any manual vehicle. In a manual transmission car, the clutch controls the connection between the shaft arising from the engine and the shafts that is responsible for turning the wheels. The market growth is majorly attributable to the increasing consumer preferences toward semi-automatic or fully automatic transmission systems from manual have also added to the overall market growth.A full report of Global Automotive Clutch Market is available at:https://orionmarketreports.com/global-automotive-clutch-market/40985/
Apart from this, the demand for more convenient modes of transmission as well as the increasing demand for passenger cars in various emerging economies is also projected to provide a major boost to the global car clutch assembly market. For instance, as per the International Organization of Motor Vehicle Manufacturers (OICA), total vehicle sales including the passenger cars and light commercial vehicles, had increased to 92,654,055 units in 2018 from 91,458,490 units in 2016. Such augmented vehicle sales have surged the growth of the global market. This surge in the number of automobile cars all over the globe in recent years is further expected to continue in the future, thereby likely to drive the overall market growth.
Some key players operating in the market include BorgWarner Inc., Valeo S.A., and Aisin Seiki Co., Ltd., among others. The market players are eyeing on strengthening their position in the market by adopting various strategies as mergers and acquisitions, partnerships, collaborations, new product launch and development in the existing product portfolio, and so on. For instance, in May 2019, CK Holdings Co. Ltd, a holding company of Calsonic Kansei Corporation, announced that the completion of its previously announced acquisition of Magneti Marelli SpA from Fiat Chrysler Automobiles NV.
Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Transmission Type
By Vehicle Type
Regions covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape: BorgWarner Inc., Valeo S.A., and Aisin Seiki Co., Ltd., among others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?
Global Automotive Clutch Market Report by Segment
By Transmission Type
Manual
Automatic
Automated Manual Transmission
Others
By Vehicle Type
Passenger Vehicles
Commercial Vehicles
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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