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Global Automotive Clutch Market Size To Grow At A CAGR Of 6.30% In The Forecast Period Of 2024-2032

According to a new report by Expert Market Research titled, “Global Automotive Clutch Market Growth, Size, Share, Report and Forecast 2024-2032″, The global automotive clutch market size reached a value of almost USD 12.44 billion in 2023. Aided by the increasing production and sales of vehicles globally, the market is expected to grow at a CAGR of 6.30% over the forecast period of 2024-2032 to attain a value of around USD 21.60 billion by 2032.

The global automotive clutch market is a crucial segment within the broader automotive components industry, encompassing a range of devices used to transmit power from a vehicle’s engine to its transmission system. The clutch plays an essential role in the operation of manual and semi-automatic transmission vehicles, allowing the driver to engage and disengage the engine from the wheels smoothly. This ensures that the vehicle can change gears, start, stop, and maneuver effectively. The market for automotive clutches is driven by the continuous demand for vehicles worldwide, particularly in regions where manual transmission vehicles remain prevalent. As a vital component of the drivetrain, the automotive clutch is subject to ongoing innovation aimed at enhancing performance, durability, and efficiency.

The global automotive clutch market growth is significantly influenced by the increasing production and sales of vehicles globally. Despite the rise of automatic and electric vehicles, manual transmission vehicles still hold a substantial share of the automotive market, particularly in regions like Asia-Pacific and Europe. In these regions, the preference for manual transmission is often driven by factors such as fuel efficiency, lower maintenance costs, and a more engaging driving experience. This sustained market demand for manual transmission vehicles directly contributes to the continued need for automotive clutches, driving market expansion and ensuring that clutch manufacturers remain integral to the automotive supply chain.

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One of the key global automotive clutch market trends is the shift towards lightweight and high-performance materials. As automotive manufacturers strive to meet stringent fuel efficiency and emissions regulations, there is a growing emphasis on reducing vehicle weight. This has led to the development of clutches made from advanced materials such as carbon composites and high-strength alloys, which offer the necessary durability while contributing to overall vehicle weight reduction. The use of these materials not only improves the performance and longevity of clutches but also aligns with the broader industry trend of enhancing vehicle efficiency and reducing environmental impact. This trend is driving market development as manufacturers invest in research and development to create next-generation clutch systems that meet these evolving standards.

Additionally, the global automotive clutch market is experiencing a growing demand for automated and dual-clutch transmission (DCT) systems. DCT systems, which feature two clutches to manage odd and even gear sets separately, offer faster gear shifts and improved fuel efficiency compared to traditional manual transmissions. As consumers increasingly prioritize driving comfort and efficiency, the adoption of DCT systems is rising, particularly in high-performance and luxury vehicles. This shift towards more advanced transmission systems is influencing market trends, with manufacturers focusing on developing clutches that can accommodate the unique requirements of these systems while maintaining reliability and performance.

The global automotive clutch market expansion of automotive clutches is also being driven by the increasing adoption of electric vehicles (EVs). While EVs typically use single-speed transmissions and do not require traditional clutches, the hybrid vehicle segment, which combines internal combustion engines with electric propulsion, continues to rely on clutches to manage the transition between power sources. This has led to the development of specialized clutches designed for hybrid vehicles, which must operate seamlessly in a more complex powertrain environment. As the global market for hybrid and electric vehicles grows, the demand for innovative clutch solutions is expected to rise, contributing to the overall market value of the automotive clutch industry.

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In terms of regional market trends, Asia-Pacific remains the largest and most significant market for automotive clutches, driven by the high production and sales volumes of vehicles in countries like China, India, and Japan. The region’s large population, growing middle class, and increasing urbanization are fueling the demand for both personal and commercial vehicles, which in turn supports the market for automotive clutches. Europe also represents a significant market, with a strong preference for manual transmission vehicles in certain countries and a well-established automotive industry that continues to innovate in clutch technology.

The global automotive clutch market value is expected to see steady growth in the coming years, supported by the continued production of vehicles with manual and semi-automatic transmissions, the adoption of advanced materials and technologies, and the rise of hybrid vehicles. Additionally, the competitive landscape of the automotive industry is driving manufacturers to continuously innovate, offering more efficient, durable, and reliable clutch systems to meet the evolving needs of consumers and regulatory requirements. This ongoing innovation is essential for maintaining market relevance and capturing market share in a rapidly changing automotive environment.

Market Segmentation

The global automotive clutch 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

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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