Press release
Automotive Clutch Material Market is Expected to Witness Significant Growth Over the Period of Forecast 2016 - 2026
Automotive Clutch Market Segmentation:
Automotive clutch market is segmented on the basis of transmission type, clutch type and clutch size. Based on different transmission type, the automotive clutch market is segmented into manual transmission, automated manual transmission, automatic transmission and continuously variable transmission. Consumer inclination in countries such as China and India is towards affordable cars with AMT systems, this is resulting in growth of AT system in these countries. On the basis of clutch type, the automotive clutch market is segmented into dog clutch, friction clutch, centrifugal clutch, semi centrifugal clutch, hydraulic clutch, vacuum clutch and electro-magnetic clutch. Friction clutch is further sub-segmented into single plate clutch, multi-plate clutch and cone clutch. On the basis of clutch size, the automotive clutch market is segmented into below 9 inches disc, 9 to 10 inches disc, 10 to 11 inches disc and 11 inches and above disc.
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Geographically, the automotive clutch market is segmented into seven regions including Japan, Middle East and Africa, Eastern Europe, Asia Pacific excluding Japan, Western Europe, Latin America and North America. With increasing vehicle production in countries such as India and China coupled with manufacturers focus on increasing production capacity, demand for automotive clutch is anticipated to grow significantly, thus increase in the market growth. North America is expected to hold second position in terms of automotive clutch market growth. This is attributed to increasing vehicle purchase primarily in the U.S. followed by Mexico.
Rising demand for automobiles in countries such as South Korea, Japan, China and India has led automotive parts manufacturers to develop improved systems. This is driving the demand for efficient automotive parts and thus, fuelling the automotive clutch market growth globally. In addition, macro factors such as GDP impact on sales of commercial vehicles, low cost of manual clutch as compared to advanced transmission systems, growing urbanisation, developing infrastructure are driving the automotive clutch market growth at broader level are fuelling the automotive clutch market growth. However, growing penetration of automatic transmission vehicles that offer enhanced driving experience is hampering the automotive clutch market growth. This is due to growing consumer awareness regarding green environment and more energy efficient vehicles.
Some of the prominent players in the automotive clutch market include Schaeffler AG., Exedy Corporation, Eaton Corporation PLC, Borgwarner Inc., Clutch Auto Limited, ZF Friedrichshafen AG., NSK Ltd., Aisin Seiki Co., Ltd., Valeo S.A. and F.C.C. Co., Ltd. Other players in the automotive clutch market are Alto Products, APLS Automotive Industries, Centerforce, Changchun Yidong Clutch, Autoclutch, AMS Automotive, Mahindra Sona, Makino Auto Industries, Linamar, Robert Bosch (Bosch Auto Parts), Zhejiang Asia-Pacific Mechanical & Electronic and others. Automotive clutch manufacturers are focused on developing efficient and enhanced products in order to meet automobile manufacturer’s specifications regarding particular vehicle.
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