Press release
Market Growth of Automotive Clutch Material to Remain Sluggish During 2016 - 2026
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Clutches are used to disconnect the engine from wheels. With growing automobile sales, consumer demand for efficient transmission modes and sophisticated automobiles, demand for automotive drivetrain system is anticipated to increase significantly in the near future. This is turn will lead to development of automotive clutch and thus, growth in the automotive clutch market worldwide. For instance, automated manual transmission (AMT) offers ease of use to the driver to change gear either fully automatically or sequentially without using the clutch. Clutch manufacturers across the globe are engaged in developing high quality products mitigating specific technical specifications by automobile manufacturers.
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Automotive Clutch Market Dynamics:
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.
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Automotive Clutch Market Key players:
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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