Press release
Dual Clutch Transmission Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | Volkswagen AG, General Motors Company, BMW AG, Honda Motor Co Ltd., Hyundai Motor Company, Nissan Motor Co. Ltd., Audi AG, Kia Corporation, ZF Friedr
Dual Clutch Transmission Market Size
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The Surge In Luxury Vehicle Sales Boosts Dct Market Prospects
Rising demand for luxury vehicles is expected to propel the growth of the dual-clutch transmission market going forward. Luxury vehicles use high-quality interiors and have features not available in low-priced models. Dual-clutch transmissions provide quicker and faster gear shifts than manual transmissions and offer greater fuel efficiency. For instance, in April 2022, according to USA Today, a US-based Newspaper, Tesla Inc., a US-based automotive company, delivered 310,000 vehicles in the first quarter of 2022, an increase of nearly 68% from 2021, when 185,000 vehicles were produced. Therefore, the rising demand for luxury vehicles is driving the growth of the dual-clutch transmission market.
Product Innovations To Redefine The Dual-Clutch Transmission Market
Product innovation is a key trend gaining popularity in the dual-clutch transmission market. Major companies operating in the dual-clutch transmission market are developing innovative products to sustain their position in the market. For instance, in March 2022, Punch Powertrain, a Belgium-based auto parts manufacturing company, launched the innovative dual-clutch transmission (DCT) system DT11. The system provided dependable performance and enhanced driving comfort even under the most challenging circumstances, including extremely high ambient temperatures, high altitudes, and difficult driving situations like uneven roads and stop-and-go traffic.
The dual clutch transmission market covered in this report is segmented -
1) By Product: Dry, Wet
2) By Propulsion: ICE (Internal Combustion Engine), Hybrid
3) By Distribution Channel: OEM (Original Equipment Manufacturer), Aftermarket
4) By Application: Passenger Car, Heavy Commercial Vehicles, Light Commercial Vehicles, Motorsport Cars
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Major companies operating in the dual clutch transmission market report are Volkswagen AG, General Motors Company, BMW AG, Honda Motor Co Ltd., Hyundai Motor Company, Nissan Motor Co. Ltd., Audi AG, Kia Corporation, ZF Friedrichshafen AG, AB Volvo, Continental AG, Porsche AG, Magna International Inc, Aisin Seiki Co.,Eaton Corporation, Schaeffler Technologies AG & Co. KG, BorgWarner Inc.,GKN Automotive Limited, Allison Transmission Holdings Inc., Aston Martin Lagonda Global Holdings PLC, Ricardo PLC, Tremec Corporation, Punch Powertrain NV, Getrag Inc, JATCO Ltd.
Contents of the report:
1. Executive Summary
2. Dual Clutch Transmission Market Report Structure
3. Dual Clutch Transmission Market Trends And Strategies
4. Dual Clutch Transmission Market - Macro Economic Scenario
5. Dual Clutch Transmission Market Size And Growth
…..
27. Dual Clutch Transmission Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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