Automotive Clutch Market Size, Share & Industry Analysis, By Transmission Type (Manual Transmission, Automatic Transmission, Automated Manual Transmission (AMT), Others), By Vehicle Type (Passenger Vehicle, Commercial Vehicle), By Clutch Disk/Plate Size (Below 9 Inches, 9 Inches to 10 Inches, 10 Inches to 11 Inches, 11 Inches and Above) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105772 | Status : Ongoing

KEY MARKET INSIGHTS

A clutch is a motorised device that disconnects and connects the power transmission from one driving shaft to another driven shaft. The automotive clutch is an essential part of the automotive vehicle that is used for power transmission between two shafts. An automotive clutch provides disconnection and connection between the engine and manual transmission. Since the engine of an automobile rotates all the time during the movement of the vehicle, the wheel needs to be disconnected to offer a systematic balance between the non-spinning transmission to the spinning engine. Clutches are also used to disconnect the engine from the wheels.

The growth in urbanization and increase in demand for development in the automobiles industry is anticipated to propel the demand for an automotive clutch over the forecast period. The availability of torque converters with automatic transmission against cheap manual transmission clutches is anticipated to drive the growth of the market. Additionally, an increase in demand for passenger cars in emerging economies and customer attraction towards more convenient modes of transportation are expected to drive the market. The factors such as replacement of manual clutch by torque converter in automatic transmission systems and low fuel efficiency of vehicles equipped with automotive clutches are anticipated to hamper the growth of the market.

Key Market Driver -

the need for fuel efficient automotive systems and ever-growing automotive industry are major drivers for the market.

Key Market Restraint -

replacement of manual clutch by torque convertor in automatic transmission systems and low fuel efficiency of vehicles equipped with automotive clutches are some of the major restraints.

Market Segmentation:

The automotive clutch market t can be segmented by Transmission Type, by vehicle type, by clutch disk/plate size, and by region. Based on transmission type the market is sub-segmented into a manual transmission, automatic transmission, automated manual transmission (AMT) and others. The manual transmission segment is anticipated to account for the highest market share during the forecast period. Due to the cheap cost of manual transmission in automotive vehicles, there is a bulk usage and demand for manual transmission in the overall automotive sales, especially in the developing economies.

Based on vehicle type the market is sub-segmented into passenger vehicles and commercial vehicles. The market is anticipated to be dominated by the passenger vehicles segment during the forecast. This can be attributed due to the high demand and comparatively high production of passenger vehicles in the market. Based on Clutch Disc/Clutch Plate Size, the market is further sub-segmented into Below 9 Inches, 9 Inches to 10 Inches, 10 Inches to 11 Inches, 11 Inches and above. The 10 inches to 11 inches sub-segment is expected to account for the largest market share during the forecast period. The rise in the demand for electric vehicles is one of the major factors driving the growth of the market.

Key Players:

Some of the prominent players in the global automotive clutch market are Aisin Seiki, Magneti Marelli, Schaeffler Group, ZF Friedrichshafen, BorgWarner, Valeo, Eaton Corporation, WABCO, EXEDY Corporation, F.C.C. Company, NSK, AMS Automotive, APLS Automotive Industries, Jatco, Allison Transmission, FTE automotive, etc. These are the major players of the market along with other competitors in the market.

Key Insights

New Advancements in Automotive Clutch Market.

Segmentation of Automotive Clutch Market.

New Products and Key Players.

Regional Analysis:

On the basis of geography, the market is categorised into Asia Pacific, Europe, North America, and the Rest of the World. Asia-Pacific holds the largest market share among all the other regions which can be attributed to the growing demand for vehicles in emerging economies such as India and China. Additionally, the presence of a large number of manual transmission vehicles in south-east Asia is one of the factors 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.

North America is expected to account for a major market share in the market and it is anticipated to grow rapidly during the forecast period. The factors such as the increase in demand and rapid adoption of electric vehicles in the countries such as the USA and Canada with developed automotive infrastructure in the region are anticipated to drive the growth of the market.

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Segmentation

ATTRIBUTE	DETAILS
By Transmission Type	Manual Transmission Automatic Transmission Automated Manual Transmission (AMT) Others
By Vehicle Type	Passenger Vehicle Commercial Vehicle
By Clutch Disk/Plate Size	Below 9 Inches 9 Inches to 10 Inches 10 Inches to 11 Inches 11 Inches and Above.
By Region	Asia Pacific Europe North America Rest of the World

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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