Press release
Clutch Disc Market Outlook By 2029 |Apple Inc.; Garmin; Fitbit; Motorola; Sony Corporation; Samsung Electronics
The Global Clutch Disc Market Report 2022-2029 provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, restraints, and competitive landscape that are playing a substantial role in the Clutch Disc market. The increasing consumer demand & spending on Clutch Disc market is expected to drive the enormous growth over the forecast years. The comprehensive Clutch Disc Market Report will help clients to comprehend the market ups-downs and numerous different angles.The global clutch disc market for automotive size was USD 3.98 billion in 2018 and is projected to reach USD 5.28 billion by 2026, exhibiting a CAGR of 3.60% during the forecast period.
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Market Overview-
Clutch discs are the vital mechanical devices that are used for engagement and disengagement of the transmission from driving as well as the driven shafts. The clutch is present in manual as well as in automatic vehicles. Manual transmission vehicles consist of a single clutch, whereas automatic transmission vehicles have multiple clutches. The vehicles with manual transmission and automated manual transmission use mechanical clutches to transfer power from engine to the gearbox, while the automatic transmission vehicles consist of a torque converter to transmit power.The automatic transmission and automated manual transmission are gaining high popularity among passenger cars and commercial vehicles owing to technological advancement, affordable prices, and high fuel efficiency. The increasing urbanization, expansion in industrialization, logistics, and rise in the disposable income of people are augmenting the growth of the market. Moreover, the original equipment manufacturers (OEMs) are expanding their production capabilities by adopting and developing innovative technologies to meet the growing demand of the customers. Regions such as Asia Pacific and North America are the leading adopters of automatic transmission and automated manual transmission in vehicles.
Key Market Trends-
September 2017 - ZF Friedrichshafen AG Develops Innovative Clutch Technology for TraXon: ZF innovated the single disc clutch for its new automatic commercial vehicle transmission. The clutch system features economical operations, new torsional dampers to lower the speed, and uses powerful pneumatic actuators for clutch actuation.
November 2019 - BorgWarner Offers P2 Hybrid Solutions for ChangAn's New Transmission: BorgWarner collaborated with the leading Chinese original equipment manufacturer ChangAn Automobile to supply the highly integrated electro-hydraulic control unit and compact triple clutch P2 drive module for ChangAn's next-generation hybrid transmission technology.
Global Clutch Disc Market: Segmentation Analysis-
Clutch Disc Market, By Type-
Below 9 Inches
9 Inches To 11 Inches
Above 11 Inches
Clutch Disc Market, By Application-
Friction Clutch
Electromagnetic Clutch
Key Players In Clutch Disc Market-
Schaeffler (Luk), ZF (Sachs), Valeo, Exedy, F.C.C., Borgwarner, Aisin, Eaton, Zhejiang Tieliu, Ningbo Hongxie, Chuangcun Yidong, Rongcheng Huanghai, China and Caton, Wuhu Hefeng, Hubei Tri-Ring
The study accurately predicts the size and volume of the Clutch Disc market in the present and the future. The report offers a comprehensive study of the Clutch Disc and information about the expected future trends that will have a significant impact on the growth of the market.
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https://www.marketinsightsreports.com/reports/12234443812/china-clutch-disc-market-report-forecast-2021-2027?MODE=126
Regional Analysis-
Asia-Pacific is Dominating the Home Appliances Market
Asia Pacific holds the largest share in the global market owing to the high volume of vehicles in this region. Developing economies such as India and China consist of the maximum number of automotive manufacturers, thus propelling the growth of the market in this region. The increasing urbanization, expansion in industrialization, improved infrastructures, and rise in the purchasing capacity of people are ultimately leading to the growth of the market. Moreover, the governments are taking various initiatives and providing subsidies to promote the sales of vehicles in the region. The rapid adoption of automatic transmission in vehicles is also leveraging the growth of the market in the region.North America is expected to show exponential growth during the forecast period owing to the high volume of commercial vehicles in this region. The rapid adoption of automated manual transmission in the commercial vehicles is expected to boost the market in this region. Moreover, the automotive manufacturing companies are working towards developing fuel-efficient, high performance, and better convenience vehicles to meet the growing demand of their customers.
Our Clutch Disc market analysis also concludes a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with the SWOT analysis.
Reasons to Purchase this Report-
Includes an in-depth analysis of the Clutch Disc market of various perspectives through Porter's five forces analysis.
Provides insight into the Clutch Disc market through Value Chain Analysis.
Clutch Disc Market dynamics scenario, along with growth opportunities of the market in the years to come.
6-month post-sales analyst support.
Here's how Market Insights Reports helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures.
Perfect Market Size Estimations: The report analyses the demographics, growth potential, and capability of the Clutch Disc market through the forecast period.
This factor leads to the estimation of the Clutch Disc market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular Clutch Disc market that will help the stakeholders to be aware of the current investment scenario across the market.
Customization of the Report-
In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
Contact Us:
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us-
MarketInsightsReports delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses with various verticals like Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.
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