Press release
Automotive Clutch Market Size Share - Industry Trends and Forecast 2017 - 2025
This exclusive report will provide you with the market size and forecast (US$ Mn) for the global market and its segments for the period from 2015 to 2025 along with the growth rate (CAGR) from 2017 to 2025, considering 2016 as base year. In addition, drivers, restraints and opportunities, competitive landscape have also been covered under the current proposed table of contents, which will in due course help you to take strategic decisions with respect to the market.
A clutch is a mechanical device operated by the clutch pedal, which engages and disengages the transmission from the driving shaft to the driven shaft in order to maintain smooth engagement of gears. The clutch assembly consists of a flywheel, friction plate, pressure plate, releasing spring, and cover. The main functions of a clutch is to transmit the torque, smooth transfer of power from the engine to drive the wheels, ensure smooth transmission, and reduce torsional vibrations.
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Increase in demand for fuel efficiency, stringent emission norms enacted by governments, rise in demand for passenger and commercial vehicles across the globe, continuous research & development in clutch technology, and increase in demand for dual cultch transmission systems and automated manual transmission systems are major factors that are likely to drive the automotive clutch market during the forecast period. Continuous development in the field of autonomous vehicles and electric vehicles is anticipated to hamper the automotive clutch market during the forecast period.
The automotive clutch market can be segmented based on transmission, clutch type, vehicle type, sales channel and region. Based on transmission, the market can be classified into automatic transmission and manual transmission. Increasing demand for automatic transmission, owing to fuel efficiency, safety, driving comfort, and low emission is likely to drive the automotive clutch market during the forecast period. Rising demand for dual clutch transmission systems and automated manual transmission systems is likely to drive the automotive clutch market during the forecast period.
Based on clutch type, the automotive clutch market can be classified into dog clutch, friction clutch, hydraulic clutch, and others. Every type of clutch has its own characteristics, and according to the requirement and the functions, different types of clutches are utilized in vehicles.
Based on vehicle type, the automotive clutch market can be segregated into passenger vehicles and commercial vehicles. There has been an increase in demand for passenger vehicles across the globe. Countries in North America and Europe having stable economic conditions, high percentage of urbanization, and increase in per capita income. These factors are anticipated to drive the passenger vehicle market across the globe. Developed countries are witnessing an increase in demand for automated manual transmission in light vehicles, owing to their high fuel efficiency and advanced technology. Considering all these factors, the passenger vehicles segment is anticipated to dominate the automotive clutch market during the forecast period.
Based on sales channel, the automotive clutch market can be segmented into OEMs and aftermarket. Aftermarket segment is likely to dominate the clutch market owing to number of major suppliers are providing their service. Cost, quick service and availability is also drive the aftermarket segment in forecast period.
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Based on region, the automotive clutch market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America holds a major share of the global automotive clutch market. After North America, Asia Pacific holds a major share of the global automotive clutch market. In terms of revenue, Asia Pacific is anticipated to hold a major share of the global automotive clutch market during forecast period, owing to the high production of passenger vehicles in the region. Increase in demand for automated manual transmission and automatic transmission in countries such as India and China is likely to drive the automotive clutch market in this region during the forecast period. The automotive clutch market in Europe and North America is likely to expand at a steady pace during the forecast period, owing to the high rate of adoption of automated manual transmission systems.
Key players operating in the global automotive Clutch market include Schaeffler AG, ZF Friedrichshafen AG, BorgWarner Inc., EXEDY Corporation, Eaton Corporation Plc., CLUTCH AUTO LIMITED, Setco Automotive Ltd., MKAUTOINDIA, APLS Automotive Industries Pvt. Ltd., and COMPETITION CLUTCH.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
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The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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