Automotive technology

The global automotive clutch market will be driven by advancements in automotive technology and growing consumer demand during the forecast period 2021-2026

Expert Market Research’s new report titled ‘Global Automotive Clutch Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global market automotive clutch market, assessing the market based on its segments such as applications, manufacturing process, and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

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Key highlights of the report include:

Market Overview (2016-2026)

  • Historical market size (2020): $10.4 billion
  • Forecast CAGR (2021-2026): 6%
  • Projected market size (2026): 15 billion USD

The global automotive clutch market is expected to expand significantly over the forecast period owing to advancements in automotive technology and demand for electric cars. The global industry stands to benefit from the upward trend and changing customer demand for manual to semi-automatic or fully automatic transmission systems. Additionally, rising consumer disposable income has boosted car purchases and is expected to accelerate demand in the automotive industry. The availability of improved clutches, such as the Dual Clutch Transmission (DCT) system, further contributes to the growth of the industry. Original equipment manufacturers (OEMs) are expanding their manufacturing capabilities by implementing advanced technologies to satisfy customer demand, which further contributes to the growth of the market. The automated clutch market is expected to achieve the highest growth rate owing to the growing demand from emerging economies.

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Industry definition and major segments

The clutch is a vehicle component that connects two or more rotating shafts. The clutch in a transmission car governs the connection between the motor shaft and the shafts that drive the wheels. Clutches require a mode of actuation to break the torque transfer. It is an essential aspect of the car’s operating mechanisms because the engine generates electricity and has components that are constantly rotating, but the wheels do not. The role and purpose of a clutch is to transfer torque from a spinning drive motor to the transmission.

By Vehicle Type, the market is split into:

  • Passenger vehicles
  • Commercial vehicles

By Transmission Type, the market is split into:

  • Manual transmission
  • Automatic transmission
  • Automated Manual Transmission (AMT)
  • Others

By Clutch Type, the market is split into:

  • Friction clutch
  • Dog Clutch
  • Hydraulic clutch
  • Others

Based on clutch disc/plate size, the industry can be segmented into:

  • Below 9 inches
  • 9 inches to 10 inches
  • 10 inches to 11 inches
  • 11 inches and over
  • Others

By distribution channel, the market is classified into:

By Clutch Type, the market is split into:

By region, the industry is classified into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa

Market trends

There is a growing need for high performance systems in the motorsports industry to deliver full power density, driving the growth of the automotive clutch market. However, the latest COVID-19 outbreak will limit the growth of the automotive transmission industry. Lockdowns in major economies have resulted in the closure of industrial plants and the halting of production and import of automotive products. Additionally, the low fuel efficiency of vehicles equipped with automated clutch systems is expected to slightly hamper the growth of the industry. Demand is also expected to be driven by the availability of low cost manual transmission clutches compared to torque converters with automatic transmission. Customer preference for more convenient modes of transportation and demand for passenger cars in developing markets are expected to drive consumer demand over the forecast period.

North America is expected to be the most dominant regional automotive clutch market over the forecast period owing to the growing demand for electric cars. Additionally, during the projected period, strong demand for vehicles in emerging economies such as China and India is expected to fuel the growth in the Asia-Pacific market. Demand for electric vehicles is growing in Asia-Pacific countries like Japan and China, two of the region’s biggest automotive hubs. The Indian automotive clutch market is expected to grow owing to improving economic conditions in the country, increasing disposable income, and a preference for automatic transmissions, especially AMT technology. Pushing the market further would be tougher emission standards and fuel efficiency requirements in Bharat’s Phase VI, which will see the production of lighter and more fuel-efficient clutch designs. The clutch market in Mexico is expected to grow in response to growing domestic demand for personal vehicles. Due to difficult economic conditions, Latin America is expected to experience a low growth rate; however, Brazil is expected to be a growing potential market.

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Main market players

Major players in the market are Magneti Marelli, Schaeffler Grou, ZF Friedrichshafen, Aisin Seiki, Valeo, BorgWarner, among others. The report covers market shares, capacities, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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