Dual Clutch Transmission Market Size, Share, and COVID-19 Impact Analysis, By Vehicle Type (IC Engine Vehicles (Passenger Vehicles and Commercial Vehicles), and HEV), By Type (Dry Plate Clutch and Wet Plate Clutch), By Sales Channel (OEM and Aftermarket), and by Regional Forecast, 2024-2032

The DCT market has witnessed significant growth in emerging economies, particularly in Asia Pacific. Countries such as China and India, with their growing middle-class population and increasing vehicle sales, have become key markets for DCTs. A Dual clutch transmission (DCT) is a vehicle component responsible for changing the speed and torque of the engine to the wheels. It's a complex mechanical system that transfers power from the engine to the wheels through a series of gears that are engaged and disengaged by the driver of the vehicle's computer system. Dual Clutch Transmission or DCT is an automatic clutch used in automatic vehicles for improved fuel efficiency and high performance. DCT uses two clutches instead of one, allowing quick shifting between gears without less input lag.

The global automotive industry has witnessed a rise in vehicle production and sales. As consumer preferences shift towards vehicles with improved performance, fuel efficiency, and driving experience, the demand for DCT-equipped vehicles has increased. This has driven the growth of the DCT market.

Impact of COVID-19 on the Automotive Dual Clutch Transmission Market

COVID-19 had a significant impact on the Automotive segment. The pandemic caused a shift in consumer priorities, with many individuals focusing on essential needs rather than purchasing new vehicles. As a result, the demand for DCT-equipped vehicles decreased, affecting the market growth of DCTs.

With the automotive industry gradually recovering from the impacts of the pandemic and consumer demand on the rise, the DCT market is anticipated to experience a similar recovery. The resumption of vehicle production, the introduction of new models, and an improvement in consumer sentiment will all play key roles in driving the recovery of the DCT market. The local market conditions and the effectiveness of recovery efforts in each region will shape the future growth of the DCT market.

Key Insights

The report will cover the following key insights:

• Key Industry Developments – Mergers, Acquisitions, and Partnerships.


• Porter's Five Forces Analysis.


• Technological Developments.


• Impact of COVID-19 on Automotive DCT Clutch Market.

Analysis by Vehicle and Clutch Type

The passenger vehicle is anticipated to hold a high growth rate owing to the low production rate of these clutches. These automatic DCT vehicles have less maintenance than manuals, so they have fewer breakdowns and failure chances. DCT dry plate clutches are adopted increasingly to ensure less cycle service time, prevent breakout, and can be customized to specific output rates, whether a sports car or a normal passenger car.

DCT transmission with dry plate clutch is expected to hold the lead regarding market penetration. They are becoming more advanced and sophisticated with features like electronic control modules, pedal shifting, and torque converters. These advancements make dry plate clutch DCT transmission more reliable, efficient, and user-friendly, driving further demand.

Analysis by Sales Channel

The OEM market will lead the segment, and the automotive DCT market can be analyzed based on OEM and aftermarket. OEM DCT transmissions are installed during the production and assembly of the vehicle; these transmission clutches are produced by significant players in the market and supplied to automotive manufacturers for direct installation.

These DCT materials and fabrication processes have the highest quality and strict quality control. Suppliers with long-term contracts with manufacturers dominate the OEM market. The OEM segment is highly competitive and requires a high level of technical expertise for manufacturing. As the market grows and new technology is introduced, an increase in automatic DCTs will occur, driving future growth for automotive DCT manufacturers.

Analysis by Region

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The Asia Pacific region holds significant potential for the dual-clutch transmission (DCT) market. The Asia Pacific region is home to some of the world's largest automotive markets, including China, India, Japan, and South Korea. These countries have experienced robust growth in their automotive sectors, driving the demand for advanced transmission technologies like DCTs. Rising disposable incomes, expanding middle-class populations, and improving living standards have increased vehicle ownership in Asia Pacific. As consumers seek vehicles with better performance, fuel efficiency, and driving experience, the demand for DCT-equipped vehicles has increased. The Asia Pacific region is expected to play a significant role in driving the growth of the DCT market, presenting opportunities for DCT manufacturers and suppliers in the region.

Key Players Covered

Magna International (Canada), Continental AG (Germany), ZF Friedrichshafen AG (Germany), BorgWarner Inc.(U.S.), Allison Transmission Inc. (U.S.), Aisin Seiki Co. Ltd (Japan), Eaton Corporation (Ireland), Valeo SA (France).

Segmentation

Key Industry Developments

• January 2023: Tata AutoComp announced plans to establish a new plant to meet India's increasing demand for cars equipped with automatic transmissions. With an initial production capacity of 100,000 units, the company aims to gain a first-mover advantage in the market.


• August 2021: BorgWarner partnered with Chinese automaker Great Wall Motors to supply its advanced dual-clutch transmission (DCT) technology.