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Commercial Vehicle Clutch Market to grow at a CAGR of 0.54% during 2017-2021: BorgWarner, Eaton, Schaeffler, and ZF Friedrichshafen

12-08-2017 08:03 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Research Nest

/ PR Agency: Market Research Nest
Commercial Vehicle Clutch market

Commercial Vehicle Clutch market

MarketResearchNest.com adds “Global Commercial Vehicle Clutch Market 2017-2021” new report to its research database. The report spread across 65 pages with table and figures in it.

Research analysts forecast the global commercial vehicle clutch market to grow at a CAGR of 0.54% during the period 2017-2021.

About Commercial Vehicle Clutch
The automotive clutch is an essential part of the automotive drivetrain system. It transfers the power of the engine to the gearbox, ensuring continuous function of the engine. The enactment of stringent emission regulations and the growing demand for commercial vehicles have compelled automotive and transmission manufacturers to develop improved clutch and transmission systems such as dual clutch transmission (DCT) systems.

Covered in this report
The report covers the present scenario and the growth prospects of the global commercial vehicle clutch market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Browse full table of contents and data tables at
https://www.marketresearchnest.com/global-commercial-vehicle-clutch-market-2017-2021.html

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Commercial Vehicle Clutch Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Technavio recognizes the following companies as the key players in the global commercial vehicle clutch market: BorgWarner, Eaton, Schaeffler, and ZF Friedrichshafen.

Other Prominent Vendors in the market are: Valeo, EXEDY, Aisin Seiki, NSK, Clutch Auto, and FCC.

Commenting on the report, an analyst from Research team said: “One trend in the market is advances in powertrain with higher number of gears in transmissions. The main purpose of an automotive transmission is to provide power to the vehicles. The powertrain involves the transmission, engine, and the drivetrain of an automobile. As a result of rapid technological advances, the mechanical components in the transmission systems have been replaced with electronic components, which increase the overall efficiency of the transmission systems.”

Order a Purchase Report Copy at https://www.marketresearchnest.com/purchase.php?reportid=285030

According to the report, one driver in the market is increasing use of LCVs for last mile distribution. The global retail e-commerce sales are expected to reach almost $2 trillion and are expected to rise to almost $4 trillion by 2020. Such trends in the e-commerce channel sales drive the market for commercial vehicles as logistics play a vital role in e-commerce. Recently, the e-commerce channel has become one of the trusted channel sales. Online sales are rapidly rising as a percentage of total retail sales, which is slowly becoming the preferred channel sales method. This growth in the e-commerce market is driving the demand for delivery vehicles such as LCVs.

Further, the report states that one challenge in the market is growing demand for commercial electric vehicles. The demand for electric vehicles is growing at a rapid pace across the world. The use of electric vehicles will reduce the dependency on gasoline and diesel-based automobiles. These vehicles are not equipped with transmission systems. The torque generated by the electric motor has a much greater range than the internal combustion engine does. The electric motor provides instant torque, and it does not require reverse gear as the motor can run in the reverse direction by switching the phase. Electric motors have a much wider torque curve when compared to the internal combustion engines and offer high torque even at low RPMs. This is one of the major reasons for not having a transmission in electric vehicles. Hence, the clutch is not required in electric vehicles.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;

Enquiry before Buying at
https://www.marketresearchnest.com/enquirybuy.php?reportid=285030

About us:
MarketResearchNest.com is the most comprehensive collection of market research products and services on the Web. We offer reports from almost all top publishers and update our collection on daily basis to provide you with instant online access to the world’s most complete and recent database of expert insights on industries, organizations, products, and trends.

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Mr. Jeet Jain
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