Automotive Clutch Market Outlook
According to the report by Expert Market Research (EMR), the global automotive clutch market size reached a value of almost USD 11.69 billion in 2023. Aided by the thriving automotive sector and growing car sales, the market is projected to further grow at a CAGR of 6.40% between 2024 and 2032 to reach a value of around USD 16.85 billion by 2032.
The automotive clutch, a quintessential component in manual transmission vehicles, is responsible for transferring the rotational power from the engine to the transmission. It also allows the gearbox to change gears without grinding. Given its pivotal role in vehicle function, it is evident that advancements in this sector mirror those of the broader automotive industry.
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Growing shift towards dual clutch systems, particularly in high-performance vehicles has become one of the major automotive clutch market trends. These systems, by enabling quicker gear changes and smoother operation, enhance the driving experience. The demand for hydraulic clutches, known for their self-adjusting mechanism and reduced manual intervention, has also witnessed a significant rise.
Furthermore, the automotive clutch market growth is fuelled by innovations that aim to enhance fuel efficiency and reduce carbon emissions. Light weighting is a prime strategy, with manufacturers vying to develop clutches that are lighter, more durable, and more efficient. This focus on optimisation is vital, especially due to stringent emission regulations worldwide.
The automotive clutch market demand is also bolstered by the increasing popularity of sports and luxury cars, especially in the affluent sections of emerging economies. These vehicles, often equipped with high-torque engines, necessitate advanced clutch systems to manage the power effectively and ensure smooth drives.
Moreover, the burgeoning automotive industry in countries like India, China, and Brazil is further boosting the clutch market growth. As automobile production rises up in these nations, ancillary sectors, including the clutch market, are expected to grow considerably.
The automotive clutch market analysis highlights the continued dominance of manual transmissions in certain geographies. In regions like Africa, parts of Asia, and South America, manual vehicles are preferred due to their cost-effectiveness, fuel efficiency, and the driving control they offer. This prevalence naturally bolsters the market for automotive clutches.
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Automotive Clutch Market Segmentation
The market can be divided based on vehicle type, transmission type, clutch type, clutch disk/plate size, distribution channel, material type, and region.
Market Breakup by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
Market Breakup by Transmission Type
- Manual Transmission
- Automatic Transmission
- Automated Manual Transmission (AMT)
- Others
Market Breakup by Clutch Type
- Friction Clutch
- Dog Clutch
- Hydraulic Clutch
- Others
Market Breakup by Clutch Disk/Plate Size
- Below 9 Inches
- 9 Inches to 10 Inches
- 10 Inches to 11 Inches
- 11 Inches and Above
Market Breakup by Distribution Channel
- Aftermarket
- OEM
Market Breakup by Material Type
- Ceramic
- Organic
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Automotive Clutch Market Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global automotive clutch market. Some of the major players explored in the report by Expert Market Research are as follows:
- Magneti Marelli
- Schaeffler Group
- ZF Friedrichshafen
- Others
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