Global Automotive Dual Clutch Transmission (DCT) Market Size study & Forecast, by Clutch Type (Dry and Wet), by Vehicle Type (Passenger Carrying Vehicle (PCV), Commercial Vehicle, and Sport Car), by Transmission (ICE and Hybrid), and by Distribution Channel (OEM, and Aftermarket) and Regional Analysis, 2022-2029
Global Automotive Dual Clutch Transmission (DCT) Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Automotive Dual Clutch Transmission (DCT) is a hormone produced by the pancreas that regulates the amount of glucose in the bloodstream at any given time. The Automotive Dual Clutch Transmission (DCT) also known as the semi-automatic transmission, the ""clutchless"" manual transmission and the automated manual transmission is a type of multi-speed vehicle transmission system, which uses two separate clutches for odd and even gear sets. Moreover, in DCT transmission, there are two independent shafts connected to each other. The even gears 2, 4, 6 are responsible by one shaft and the odd gears 1, 3, 5, and R are responsible by the other shaft. The increasing demand for automatic transmission (AT) gearboxes and growing expansion of automotive industry worldwide are key factors driving the market growth.
The increasing adoption of automatic transmission gearbox is contributing towards the growth of the Global Automotive Dual Clutch Transmission (DCT) Market. For instance – in 2019, the Chinese market for automatic transmission (AT) gearboxes for cars was estimated at USD 1.06 billion, which further increased to USD 1.19 billion in 2020, and further USD 1.32 billion in 2021. Additionally, the growing expansion of global automotive industry is another factor driving the market space. For instance – as per Statista – in 2021, the global automotive manufacturing market was valued at USD 2.86 trillion, and as per projections the market would grow to USD 2.95 trillion in 2022. Also, growing advancements in automotive gearbox technology and increasing adoption of sports cars would create lucrative growth prospectus for the market over the forecast period. However, the high initial and maintenance cost of Automotive Dual Clutch Transmission (DCT) stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Automotive Dual Clutch Transmission (DCT) Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the increasing demand for automatic vehicles as well as presence of leading automaker in the region. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising adoption of automotive cars and increasing expansion of automotive manufacturing industry coupled with presence of leading regional market players in the region.
Major market player included in this report are:
Eaton Corporation
GETRAG
ZF Friedrichshafen AG
Schaeffler AG
AVL
Fiat Powertrain Technologies
Aisin Seiki
Continental AG
Magna International
BorgWarner Inc.
Recent Developments in the Market:
In June 2021, BorgWarner and Hyundai Motor Group announced collaboration for Hyundai’s new hybrid vehicles range for production of gearboxes and integrated power electronics.
Global Automotive Dual Clutch Transmission (DCT) Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Clutch Type, Vehicle Type, Transmission, and Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Clutch Type
Dry
Wet
By Vehicle Type
Passenger Carrying Vehicle (PCV)
Commercial Vehicle
Sport Car
By Transmission
ICE
Hybrid
By Distribution Channel
OEM
Aftermarket
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies MentionedEaton Corporation
GETRAG
ZF Friedrichshafen AG
Schaeffler AG
AVL
Fiat Powertrain Technologies
Aisin Seiki
Continental AG
Magna International
BorgWarner Inc.
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