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Global Automotive TCU Market Expected to Register Value of US$ 17,100 Mn by the 2027

MRRSE

MRRSE

This research report offers a comprehensive analysis of the “Automotive TCU Market: DCT Anticipated to be the Fastest Growing Application Segment over the Forecast Period: Global Industry Analysis 2012 - 2016 and Opportunity Assessment 2017 - 2027” The main objective of this report is to deliver insightful information and clear-cut facts pertaining to the growth trajectories of the market.

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AT segment by application is estimated to hold more than 50% of the global market value share over the forecast period

The global automotive TCU market deploys various technologies such as Manual, Automatic, Dual Clutch, and CVT, which are the main types of transmission technologies. The normal vehicles nowadays have manual gear changing technology that does not include any kind of automation in the transmission. However, with the rise in inclination towards automation and technological advancements in the global automotive market, there is a remarkable growth in the current AT market.

The Automatic Transmission (AT) segment is expected to lead the global automotive TCU market with the maximum market share during the forecast period. According to the research report, the AT segment is expected to register a market valuation of just under US$ 9,900 Mn in 2017, which will reach a market value of over US$ 17,100 Mn by the end of 2027. The segment is anticipated to grow at a steady CAGR of around 5.6% in terms of value during the forecast period. Many factors are responsible for the lucrative growth of the AT application segment – one of the top factors being an increasing demand from people for luxury vehicles. The current global market for luxury vehicles includes mostly automatic transmission vehicles.

AT segment anticipated to lose market share to the DCT and CVT segments during the course of the forecast period

While the AT application segment is expected to lead the global automotive TCU market with maximum market share currently, the research report gives a surprising outcome for the coming years as the DCT and CVT segments are expected to take over the market share of the AT segment during the forecast period. DCT or Dual Clutch Technology provides two manual transmissions, providing a different torque path for each, whereas CVT is Continuous Variable Transmission technology. There are various benefits of DCT that are contributing to its popularity such as emission control, fuel efficiency and enhanced performance.

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Currently, DCT is the most expensive technology among other technologies but in terms of riding quality, it is considered to be the best. DCT and CVT are considered the best technologies in high performance vehicles and also the technologies of the future. Although DCT technology was introduced in the 1980s, it acquired recognition in the last 10 years as many automotive OEMs have started investing in this technology to increase fuel efficiency and reduce CO2emissions. According to the market forecast presented in this report, the DCT segment will experience exceptional growth in the coming years due to factors such as an increase in the production of high speed DCTs for passenger cars and commercial vehicles and also small size passenger cars.

DCT segment to witness rapid growth in the North America automotive TCU market  

North America is expected to witness the maximum trend of DCT technology in the automotive TCU market. Magna, one of the prominent manufacturers of TCU in the automotive TCU market in North America, has signed a joined venture with Dongfeng GETRAG Transmission Co. Ltd. particularly for the production of dual clutch transmission systems and to meet the growing demand from consumers in the market. North America’s AT market is forecasted to stay the strongest with a market value of just under US$ 6000 Mn by the end of 2027. Yet the DCT market in the region is expected to witness growth at a robust CAGR of over 14% in terms of value, followed by the CVT market at a value CAGR of 13%.

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