Press release
Global Automotive Pressure Plate Market Worth $73.19 Billion by 2029, Growing at 4.8% CAGR
Automotive Pressure Plate Market Size
Automotive Pressure Plate Market Outlook: What Size And CAGR Are Anticipated By 2025?
The market size of the automotive pressure plate sector has shown robust growth in recent years. It is expected to surge from $57.7 billion in 2024 to $60.62 billion in 2025 with a compound annual growth rate (CAGR) of 5.1%. The rise in the historical period can be ascribed to the expansion of the automotive industry, growing rates of vehicle ownership, escalating mileage driven, the increasing demand for fuel-efficient vehicles and the internationalization of automotive supply chains.
What Is the Expected CAGR for the Automotive Pressure Plate Market Growth Through 2029?
Expectations indicate that the automotive pressure plate industry will experience a consistent increase in size over the upcoming years, eventually reaching a market size of $73.19 billion in 2029 with a 4.8% compound annual growth rate. The projected growth during this period can be ascribed to the rise in the use of lightweight materials, greater application of dual-clutch transmissions, ever stricter emission regulations and heightened environmental awareness, increased demand in up-and-coming automotive markets, and ongoing enhancements in manufacturing methods. Looking ahead, the future trends likely to define this period are the creation of lightweight yet high-performance materials, the incorporation of cutting-edge friction materials, an emphasis on modularity and serviceability in pressure plate designs, utilization of self-adjusting pressure plate technology, and the implementation of finite element analysis (fea) for improved design optimization.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/automotive-pressure-plate-global-market-report
What Are the Primary Drivers Behind Automotive Pressure Plate Market Growth?
The rise in passenger car demand is predicted to fuel the automotive pressure plate market's expansion. Passenger cars, primarily designed to transport people and usually accommodating between one to five individuals, necessitate an automotive pressure plate, a key component of the car's clutch system. It's tasked with putting pressure on the clutch disc to ensure a smooth transition of power from the engine to the transmission. For example, in February 2023, the Belgium-based European Automobile Manufacturers Association reported that over 68 million passenger cars were produced globally in 2022, showing a growth of 7.9% compared to the previous year. Additionally, according to data from the International Organization of Motor Vehicle Manufacturers, based in France, global passenger car sales saw an uptick from 56,473,803 units in 2021 to 57,485,378 units in 2022, signifying a 1.79% growth. Hence, the escalating demand for passenger cars is spurring on the automotive pressure plate market.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13379&type=smp
What Are the Key Segments Driving Automotive Pressure Plate Market Growth?
The automotive pressure plate market covered in this report is segmented -
1) By Product Type: Coil Spring Type, Diaphragm Type
2) By Clutch Type: Single Plate Friction Clutch, Multiplate Friction Clutch, Cone Clutch
3) By Vehicle Type: Passenger Car, Light Commercial Vehicles, Heavy Commercial Vehicles
4) By Distribution Channel: Original Equipment Manufacturer (OEM), After market
Subsegments:
1) By Coil Spring Type: Single Coil Spring Pressure Plate, Multi Coil Spring Pressure Plate
2) By Diaphragm Type: Flat Diaphragm Pressure Plate, Conical Diaphragm Pressure Plate
What Are the Technological Trends Impacting the Automotive Pressure Plate Market?
Significant players in the automotive pressure plate industry are focusing on bringing innovative, advanced products to the market, such as the ADC-12 Alloy, to enhance both longevity and functioning under demanding conditions. ADC-12 Alloy, a high-grade aluminium alloy, has widespread application in die-casting, primarily in the automotive industry. As an application of this, in November 2023, Niterra India Private Limited, an Indian firm offering automotive components, unveiled its NTK Clutch Plates for two-wheeler motorcycles. Utilizing Aluminum ADC-12 alloy for these clutch plates provides superior strength and thermal conductivity, which ultimately results in enhanced durability, smoother gear changes, and overall performance improvements. Specifically engineered to minimize wear and tear, these clutch plates have an extended lifespan. These clutch plates ensure smooth performance, higher torque, improved acceleration and enhanced mileage. Furthermore, they assist in reducing clutch lever vibrations, making the riding experience more pleasant.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=13379&type=smp
Who Are the Major Competitors in the Global Automotive Pressure Plate Market?
Major companies operating in the automotive pressure plate market report are ZF Friedrichshafen AG, Aisin Seiki Co. Ltd., Valeo, Schaeffler AG, BorgWarner Inc., EXEDY Corporation, ANAND Group, OS Giken, Twin Disc Inc., ASK Automotive Pvt. Ltd., Raicam Clutch Ltd., Setco Automotive Ltd., AP Racing, Speedway Motors Inc., RSM Autokast Ltd., AMS Automotive LLC, McLeod Racing, Quarter Master, Advanced Clutch Technology, Apls Automotive Industries Pvt. Limited, California Custom Clutch Corporation, Clutch Masters, Fidanza Performance, Phoenix Friction Products, RAM Clutches, SPEC Clutches, Hays Clutches, Centerforce Clutches, Macas Automotive Ltd.
Which Region Dominates the Automotive Pressure Plate Market Share in 2025?
Asia-Pacific was the largest region in the automotive pressure plate market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive pressure plate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Speak With Our Expert:
Saumya Sahay
Americas +1 310-496-7795,
Asia +44 7882 955267 & +91 8897263534,
Europe +44 7882 955267
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Automotive Pressure Plate Market Worth $73.19 Billion by 2029, Growing at 4.8% CAGR here
News-ID: 4175019 • Views: …
More Releases from The Business Research Company
Comprehensive Insights Into The Global Electric Bikes And Scooters Market: Key G …
The electric bikes and scooters report outlines and analyzes the electric bikes and scooters (excluding e-mopeds or 2-wheelers) market, covering the historic period 2019-2024 and the forecast period 2024-2029 and 2034F. The study examines the market across all regions and major regional economies.
The global electric bikes and scooters (excluding e-mopeds or 2 wheelers) market was valued at approximately $43.09310 billion in 2024, reflecting a CAGR of 12.12% since 2019. The…
Geothermal Heat Pump Market Report 2025: Size, Trends, and Key Growth Insights f …
The geothermal heat pump report outlines and analyzes the geothermal heat pump market, covering 2019-2024 as the historic period and 2024-2029, 2034F as the forecast period. The report examines the market across every region and assesses major economies within each region.
The global geothermal heat pump market reached $4.40620 billion in 2024, increasing at a CAGR of 5.70% since 2019. The market is projected to grow from $4.40620 billion in 2024…
Major Growth Driver Identified in 2025 VFX In Advertising Market: The Rise Of So …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
VFX In Advertising Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past several years, the market size of vfx in advertising has seen robust growth. It is expected to expand from $2.8 billion in 2024 to a staggering $3.03 billion in 2025, exhibiting…
Driving Web Content, Search Portals And Social Media Market Growth in 2025: The …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Web Content, Search Portals And Social Media Market Size Growth Forecast: What to Expect by 2025?
The market size for web content, search portals, and social media has seen quick expansion in the past few years. It's projected to expand from $682.14 billion in 2024 to $768.29 billion in…
More Releases for Plate
Aquaculture Vaccines Market Protecting Our Oceans, Plate by Plate Safeguarding A …
Aquaculture Vaccines Market to reach over USD 877.67 million by the year 2030-Exclusive Report by InsightAce Analytic
Market Synopsis-
InsightAce Analytic Pvt. Ltd. announces the release of market assessment report on "Global Aquaculture Vaccines Market By Vaccine Type (Inactivated Vaccine, Attenuated Live Vaccine, DNA Vaccine and Others),
Application (Bacterial Infection, Viral Infections, Combined Bacterial and Viral Infections and Others), Route Of Administration (Immersion Vaccines, Injection Vaccines and Oral Vaccines), Species (Salmon, Seabass…
5083 medium-thick aluminum plate 5083 marine aluminum plate 5083 automotive alum …
5083 aluminum plate（https://www.mingtai-al.com/5083-Aluminum-Sheet.html） is a typical aluminum-magnesium alloy with light weight and high strength. With its excellent performance, it can be widely used in many industries such as automobile manufacturing, shipbuilding and rail transportation. With the vigorous development of lightweight, the demand for 5083 medium-thick aluminum plate in aluminum tank trucks and marine aluminum plates has increased.
5083 medium-thick aluminum plate-5083 marine aluminum plate-5083 automotive aluminum plate manufacturer introduction
In recent years,…
The difference between two plate mould and three plate mould
Injection molding [https://www.dtgplasticmolding.com/popular-design-for-china-custom-cheap-plastic-injection-molding-service-for-auto-parts-product/] is a widely used manufacturing process for producing plastic parts in large volumes. It involves the use of injection molds, which are essential tools for shaping and forming plastic materials into the desired shapes. There are different types of injection moulds, including two plate mould and three plate mould, each with its own unique features and advantages.
Two plate mould and three plate mould are the two main…
Charge Plate Monitor Market 2023
This comprehensive report thoroughly assesses various regions, estimating the volume of the global Charge Plate Monitor market within each region during the projected timeframe. The report is meticulously crafted and includes valuable information on the current market status, historical data, and projected outlook. Furthermore, it presents a detailed market analysis, segmenting it based on regions, types, and applications. The report closely monitors key trends that play a crucial role in…
Paraguay introduces MERCOSUR license plate
Delmenhorst, February 2020. In order to accelerate economic and political development processes, Latin American states joined together at the end of the 20th century to form the Mercado Comun del Sur, or MERCOSUR (Common Market of the South). These currently include Argentina, Brazil, Paraguay and Uruguay, as well as associated countries such as Chile and Peru. In order for the Community to have an impact on vehicles as well, the…
Turbocharger for plate processing
When atoms are supplied with additional energy via collisions or light, they release the excess. This is called ‘light amplification by stimulated emission of radiation’, in short: LASER. Plate processors are interested in speed and flexibility. Complex contours; clean, precise cutting edges; and low changeover times and costs. Thanks to automated loading and unloading, the latest laser systems speed up production. Solvaro GmbH, the manufacturer of metal components based in…
