The new report by Expert Market Research titled, ‘Global Automotive Clutch Market Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the global automotive clutch market, assessing the market based on its segments like applications, manufacturing process and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): USD 10.4 billion
- Forecast CAGR (2023-2028): 6%
- Forecast Market Size (2028): USD 15 billion
The global automotive clutch industry is projected to expand significantly over the forecast period owing to advances in automobile technology and the demand for electric cars. The global industry is expected to benefit from the rising trend and evolving customer demand for manual to semi-automatic or fully automatic transmission systems. Furthermore, rising customer disposable income has fueled car purchases and is projected to accelerate demand in the automobile industry.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/automotive-clutch-market/requestsample
The availability of improved clutches, such as the Dual Clutch Transmission (DCT) system, further aids the growth of the industry. Original equipment manufacturers (OEMs) are expanding their manufacturing capacities by implementing advanced technologies to satisfy customer demand, which further aiding the growth of the market. The automated clutch market is expected to achieve the highest growth rate due to the rising demand from emerging economies.
Industry Definition and Major Segments
The clutch is a vehicle component that links two or more spinning shafts. The clutch in a transmission car governs the linkage between the engine shaft and the shafts that drive the wheels. Clutches require a mode of actuation to sever the transfer of torque. It is an essential aspect of the car’s operating machinery because the motor produces electricity and has components that rotate continuously, but the wheels do not. The role and purpose of a clutch are to transfer torque from a spinning driving motor to the transmission.
By vehicle type, the market is divided into:
- Passenger Vehicles
- Commercial Vehicles
By transmission type, the market is divided into:
- Manual Transmission
- Automatic Transmission
- Automated Manual Transmission (AMT)
- Others
By Clutch type, the market is divided into:
Other Post You May Be Interested In
- North Carolina Corn Mazes: Perfect Fall Fun for the Family
- Типы мобильных приложений
- Advertising Through Seo – Rising Over The Ranks
- Популяризация интернет-площадки статьями
- Lumina Grand Showflat Tour: Discover What Luxury Really Means
- How to Secure Your Spot in Singapore’s Most Coveted EC: Lumina Grand
- American Shifting & Storage, Inc In Alamogordo, New Mexico, 88310 United Van Traces ® In New Mexico
- North Dakota Transferring Corporations Get Shifting Companies From Movers In Nd
- The Rise of Men’s Jersey Pajamas: Comfort and Style Combined
- Taskrabbit: Similar Day Handyman, Transferring & Delivery Providers
- Stop Wasting Time And start News Online
- Global Metal Cans Market Share, Industry Trends and Forecast 2023-2028
- Top Famous Sights and Attractions in Dubai to Explore
- Wood Pellet Market Size, Price Forecast & Industry Demand 2023-2028
- Discovering Heritage: Deceased Search for Ancestry Exploration
- Top Places to Visit in India Related to Hindu Religion
- What is Zopiclone?
- Unveiling the Top PEB Companies in Delhi NCR: Spotlight on Willus Infra
- Understanding the Basics of International Oil Trading : A Comprehensive Guide
- Want to apply for credit card online? Read more
- Empowering Growth: Unleashing the Potential of eCommerce App Development
- Aumente la eficiencia de su trabajo: revelando el poder de la consultoría en productividad
- Why Are Loan Statements Important, and How Do You Download Them Online?
- Exploring Luxury and Convenience: Property for Rent in Dubai and Rental Properties Near Me
- Top Benefits Of Choosing a Mobile App Development Company…!
- Industrial Air Blower Market Size, Share, Price, Analysis, Report, Forecast 2023-2028
- Hershesons Discount Codes for Hair Extensions and Accessories
- Food Service Market Size to Worth Around US$ 3,787.4 Billion by 2028 | IMARC Group
- Drive More Traffic and Sales with Technosys Inc – Your Expert Digital Marketing Agency in Delhi NCR
- Best Dating Apps in Seattle: Connecting in the Emerald City
- Built For Success: The Hidden Costs of Not Having Life Insurance – Don’t Put Your Family at Risk
- The Role of PRO Services in Dubai Business Environment
- Global Coconut Derivatives Market Share, Size, Price, Analysis, Outlook, Research Report and Forecast 2023-2028
- What is the best bank for small businesses in Chicago?
- Global Load Bank Market Size, Share, Growth, Analysis, Growth, Research Report and Forecast 2023-2028
- How to Convert YouTube Videos to MP3 [Easiest and Fastest]
- Global Liver Cancer Screening Market Size, Share, Growth, Trends, Analysis, Research Report andReport and Forecast 2023-2028
- Point Of Sale Materials (PoSM) Market Size, Share, Growth, Report, Forecast 2023-2028
- Interactive BX Solutions: 7 Steps to Streamline Your Business Processes for Maximum Efficiency
- Unlock Your Creative Potential with BA in Performing Arts
- Enhanced Features and Tools in Microsoft Office 2019
- The Best Med Spa in Las Vegas offering Advanced Treatment
- Advanced Laser Hair Removal in Las Vegas
- Get the Best Sales negotiation training
- The Advantages of Pre-Fabricated Steel Buildings in India: A Closer Look at Willus Infra’s Innovative Solutions
- Large Volume Parenteral (LVP) Market Size, Share, Growth & Industry Report 2023-2028
- Empowering Women’s Health: Navigating Hormonal Imbalances and Cultivating Self-Care
- How to clear your mind and feel less stress
- Comprehensive Commercial Tree Services And Expert Tree Removal In Edmond
- Orange County To Colorado Transferring Company
- Best 11 Food Ideas for Parties in San Jose, CA
- Oklahoma City Tree Service: Enhancing Your Landscape With Professional Care
- Dengue Testing Market Share, Size, Price, Growth, Analysis, Report, Forecast 2023-2028
- Mobile App Development: Empowering Businesses for Success
- Bitcoineer Review 2023: A Comprehensive Guide and User Experience
- Cracking the Code: Finding Reliable Assignment Help in the UK
- Empowering Your Brand: Unleash Success With Expert Content Marketing Services In North Carolina
- Movable Walls Market Share, Size, Key Players, Industry Insights, Opportunity and Forecast 2023-2028
- The Power of Managed VPS Server: Using Perfect Performance
- How Trimming Can Prevent Trees From Spreading Fungal Infection?
- How School Email Lists Can Help Students Stay Informed and Engaged
- Choose A Proficient Supply Chain Design Consultant
- Global Heat Recovery Steam Generator Market Size, Share, Price, Trends, Growth, Report And Forecast 2023-2028
- Breath of Life: The Surprising Breathing Exercise to a Happy and Healthy You
- A Ride Towards the Successful Bike Taxi App Development of Rapido Clone App
- Unlock Your Mac’s Full Gaming Potential With a 3D Emulator!
- Top 10 most beautiful National Parks in the USA
- Boat Insurance: Navigating the Waters of Protection
- Global Smart Plug Market Size To Grow At A CAGR Of 27.40% In The Forecast Period Of 2023-2028
- Types Of Toto Toilets
- Permanent Magnet Motor Market Growth, Size, Share, Price, Report, Forecast 2023-2028
- Common Obstacles in Manufacturing Electrical Control Panels
- 1-Stop Solution to Remote Team Building
- Nutanix Certification : Take Advantage from NCP-MCI-6.5 Exam Questions
- India Quenched And Tempered Steel Market Size, Share, Price, Trends, Report And Forecast 2023-2028
- Global Water Soluble Polymers Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2023-2028
- Do the Results of Teeth Whitening Last Long-Term?
- Global Sugar Free Mints Market Size, Share, Price, Trends, Report And Forecast 2023-2028
- Why Modalert 200 is the Best Choice for Battling Sleepiness
- Global Footwear Sole Material Market Share, Price, Trends, Analysis, Key Players, Report, Forecast 2023-2028
- Global Specialty Insurance Market Size, Share, Price, Trends, Growth, Report And Forecast 2023-2028
- Global Cable Assembly Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2023-2028
- Hydro Turbine Market Growth 2023- Global Industry Share, Revenue, Upcoming Trends, Growing Demand, Business Challenges, Opportunities and Future Competition Report 2033: SPER Market Research
- Preventing Foot Deformities: Tips for Healthy Feet
- Global Compliance Management Software Market Share, Size, Growth, Analysis, Report, Forecast 2023-2028
- Global Power Management System Market Share, Price, Trends, Growth, Analysis, Report, Forecast 2023-2028
- Global Aloe Vera Gel Market Size, Share, Trends, Growth, Analysis, Report, Forecast 2023-2028
- Plywood Market Size, Trends, Global Industry Overview, Analysis, Latest Insights and Forecast 2023-2028
- Benefits of Custom CRM Development for Businesses
- Making the Switch to LED Lighting for HDB Apartments
- Avocado Oil Processing Plant Project Report 2023: Investment Opportunities, Project Details and Cost Analysis
- Express Printing in Mecklenburg: Get Noticed in No Time Without Breaking the Bank
- Global Rainwear Market Size, Share, Price, Trends, Report And Forecast 2023-2028
- Using Custom Award Plaques to Show Appreciation
- Why Magento Retail and eCommerce Solutions are Profitable for Omnichannel Experience in 2023?
- How to Play Papa’s Games– A Complete Guide
- Friction Clutch
- Dog Clutch
- Hydraulic Clutch
- Others
Based on clutch disk/plate size, the industry can be segmented into:
- Below 9 Inches
- 9 Inches to 10 Inches
- 10 Inches to 11 Inches
- 11 Inches and Above
- Others
By distribution channel, the market is categorised into:
- Aftermarket
- OEM
By Clutch type, the market is divided into:
- Ceramic
- Organic
- Others
By region, the industry is categorised into:
- North America
- Europe
- The Asia Pacific
- Latin America
- The Middle East and Africa
Market Trends
There is an increasing need for high-performance systems in the motorsport industry to provide total power density, boosting the market growth for automotive clutch market. Though, the latest outbreak of COVID-19 will limit the growth of the automotive transmission industry. Lockdowns in major economies culminated in closing industrial plants and a halt in the production and import of car products. Furthermore, the poor fuel efficiency of vehicles with automated clutch systems is expected to hinder the growth of the industry slightly. The demand is also projected to be driven by the availability of low-cost manual transmission clutches versus torque converters with automatic transmission. Customer preference for more convenient modes of travel and the demand for passenger cars in developing markets are projected to boost consumer demand over the forecast period.
North America is projected to be the most dominant regional automotive clutch market over the forecast period owing to the rising demand for electric cars. Furthermore, over the projected period, strong vehicle demand in emerging economies such as China and India are expected to fuel growth across the Asia Pacific market. Electric vehicle demand is growing in Asia-Pacific countries such as Japan and China, two of the region’s largest automotive hubs. The Indian automotive clutch market is expected to rise due to improving economic conditions in the country, increasing disposable income, and a preference for automatic transmissions, especially AMT technology.
Further pushing the market would be stricter emission norms and fuel-efficiency requirements in Bharat Stage VI, which will see lighter and more fuel-efficient clutch models produced. The clutch market in Mexico is expected to rise in response to increasing domestic demand for personal vehicles. Due to difficult economic conditions, Latin America is projected to have a low growth rate; however, Brazil is expected to be an increasing potential market.
Key Market Players
The major players in the market are Magneti Marelli, Schaeffler Grou, ZF Friedrichshafen, Aisin Seiki, Valeo, BorgWarner, among Others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
More Reports
Automotive Blind Spot Detection Market- https://www.expertmarketresearch.com/reports/automotive-blind-spot-detection-market
Chlorinated Polyethylene Market- https://www.expertmarketresearch.com/reports/chlorinated-polyethylene-market
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Media Contact:
Company Name: Claight Corporation
Contact Person: Sophia Grace, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com