Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Automatic Clutch Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.8% during the review period (2022 to 2027).
An automotive clutch is a mechanical device that transfers the rotating power from the engine to the wheels in any manual vehicle. In a manual transmission car, the clutch controls the connection among the shaft coming from the engine and the shafts which turn the wheels. The possibility of the report covers segmentation based on transmission type, vehicle type, and geography.
The development of the global EV market has been due to their relatively low maintenance cost and growing environmental concerns. It is also fuelled by the shift toward sustainable transportation, which is expected to help reduce fossil fuel dependency. The demand for EVs is ever-growing in countries like Japan and China, which are two of the biggest automotive hubs in the Asia-Pacific.
An increase in the demand for vehicles is predictable in coming years in the countries of Asia-Oceania mainly in China, India, South Korea, and Japan. This is anticipated to increase the demand for automotive clutches, as they form an integral part of the transmission system. Maintainable growth in the automotive clutch market will mainly depend on the penetration of fully automated transmissions, which replace clutches with torque converters.Emerging cities have been the main centers of learning, culture, and innovation throughout the decades. Rapid increase in the population in many countries has resulted in rapid urbanization over the globe as more people are shifting to developed cities of their respective countries to get better opportunities. This has increased the tourism industry for years and is expected to drive the automotive clutch market over the forecast period.
The Automatic Clutch Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Schaeffler, NSK Ltd. (Tokyo:6471.T), EXEDY Corporation (Tokyo:7278.T), Valeo, F.C.C. Co., Ltd. (Tokyo:7296.T)., Aisin Seiki Co. Ltd. (Stuttgart :AKN.SG), Clutch Auto, Eaton Corporation plc (NYSE:ETN), ZF Friedrichshafen, BorgWarner Inc. (NYSE:BWA)
Industry News:
BorgWarner Supplies Next-Generation Triple-clutch P2 Drive Module to HYCET Transmission
September 28, 2021 – BorgWarner has extended its cooperation with HYCET Transmission Technology Hebei Co., Ltd. by supplying BorgWarner’s triple-clutch P2 drive module and hydraulic control unit to Great Wall's Haval and WEY brands. As a leading supplier in the global HEV market, BorgWarner supports the world's first 9-speed P2 9HDCT hybrid transmission for HYCET "I-Era 2.0" powertrain. The hybrid transmission features nine gears and a parking lock function for greater vehicle efficiency and performance.
What are the major Applications, Types and Regions for Automatic Clutch Market?
Automatic Clutch Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Applications, it is segmented into
Region, Asia-pacific holds the major market share among all the other regions which can be attributed to the rising demand for vehicles in emerging economies such as India and China. Moreover, the presence of a large number of manual transmission vehicles in south-east Asia is one of the aspects affecting the growth of the market. Further, Europe is the second-largest region for the market and it is anticipated to grow steadily during the forecast period. Factors such as increased demand for premium cars, implementation of convenient powertrain systems in the vehicles and investments made by major companies in the market is expected to drive the growth of the market.
The Automatic Clutch Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Automatic Clutch Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 6.8% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Schaeffler, NSK Ltd. (Tokyo:6471.T), EXEDY Corporation (Tokyo:7278.T), Valeo, F.C.C. Co., Ltd. (Tokyo:7296.T)., Aisin Seiki Co. Ltd. (Stuttgart :AKN.SG), Clutch Auto, Eaton Corporation plc (NYSE:ETN), ZF Friedrichshafen, BorgWarner Inc. (NYSE:BWA) |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 132 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Automatic Clutch Market is studied from 2017 - 2027.
What is the growth rate of Automatic Clutch Market?
The Automatic Clutch Market is growing at a CAGR of 6.8% over the next 5 years.
Who are the leading key players in Automatic Clutch Market?
Schaeffler, NSK Ltd. (Tokyo:6471.T), EXEDY Corporation (Tokyo:7278.T), Valeo, F.C.C. Co., Ltd. (Tokyo:7296.T)., Aisin Seiki Co. Ltd. (Stuttgart :AKN.SG), Clutch Auto, Eaton Corporation plc (NYSE:ETN), ZF Friedrichshafen, BorgWarner Inc. (NYSE:BWA)
What regions regions does this Automatic Clutch Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Automatic Clutch Market?
Mechanical Motor Automatic Clutch, Hydraulic Automatic Clutch
What are the significant Applications of Automatic Clutch Market?
Passenger Car, Commercial Vehicle
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SECONDARY RESEARCH
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PRIMARY RESEARCH
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MARKET ENGINEERING
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