Clutch Actuator Module (CAM) Market Analysis, Trends, Growth, Share and Forecast - 2028

The global CAM market is anticipated to grow at a considerable CAGR of 9.7% during the forecast period (2022-2028).

The CAM is a component of clutch assembly in motor vehicles that coordinates between clutch plates and clutch pedal. The CAM can be operated either mechanically or hydraulically. The major factor attributing to the growth of the global CAM market includes the increasing number of motor vehicle production across the globe. According to the 2021 Production Statistics report published by the International Organization of Motor Vehicle Manufacturers (OICA), around 80 million motor vehicles were produced across the globe in 2021. Among these, around 23 million commercial vehicles including light commercial vehicles and heavy commercial vehicles were manufactured and around 57 million passenger cars were produced in 2021. Thus, increasing the installation of CAM in motor vehicles.

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The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instances-

• In April 2021, Heason Technolgy started supplying Electrak LL Series Linear Actuators that are developed and manufactured by Thomson Electrak. LL series linear actuators are high-performance and high-efficiency actuators with brushless motors and integral electronics eliminating the need for standalone controls.

• In December 2020, Vitesco Technologies, international modern drive technology, and electrification solutions manufacturer started supplying actuator modules for Renault's electrifies transmissions. Actuator modules by Vitesco are designed for shifting gears in the hybrid transmission of the Renault E-Tech platform. The actuator module by Vitesco will provide Renauilts electric vehicles with highly efficient mobility.

• In July 2020, Hyundai Motors, a global automobile manufacturer launched "Hyundai Venue". Hyundai Venue is India's first-ever car that offers a clutchless manual transmission known as the "Intelligent Manual Transmission (IMT)". The new IMT will be offered with a gearbox of 2-pedal configuration providing physical manual shifting of a 6-speed manual transmission. IMT comes with a gear lever combined with an intention sensor, TCU, and hydraulic actuator.

A full report of Global Clutch Actuator Module (CAM) Market is available at: https://orionmarketreports.com/clutch-actuator-module-cam-market/110748/

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Transmission Type
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Robert Bosch GmbH, Continental AG, BrogWarner Inc., Infineon Technologies AG, and Mitsubishi Electric Corp., 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 has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global CAM Market Report by Segment

By Transmission Type
• Manual Transmission
• Automatic Transmission
• Automated manual Transmission
• Continuously Variable Transmission

By Application
• Passenger Vehicles
• Commercial Vehicles

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This release was published on openPR.