Automotive Clutch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Automotive Clutch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview 2023-2028:

The global automotive clutch market size reached US$ 12.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 16.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.

An automotive clutch is a mechanical device that is located between the engine and transmission system of a vehicle and is placed to transfer power from the engine and assist the user in shifting gears. The clutch engages and disengages the engine using a gearbox that rotates at varying speeds. The basic clutch mechanism consists of numerous components such as pilot bushing, crankshaft, flywheel, clutch disk, pressure plate and a throw-out bearing. Clutches are a part of both manual and automatic vehicles. A manually operated gearbox consists of a single clutch, whereas an automatic transmission vehicle has multiple clutches. It prevents the generation of friction between gears and any damage that might be caused by it.

Automotive Clutch Market Trends:

A growing automotive industry coupled with the rising demand for electric vehicles are the key factors driving the growth of the market. The requirement for the automotive clutch is increased by advancements in the automotive industry and shifting preference from manual to semi-automatic or fully automatic transmission systems in vehicles. Furthermore, extensive research and development (R&D) activities and the growing need for fuel-efficient automotive systems have catalyzed the development of improved and advanced clutches such as Dual Clutch Transmission (DCT) system, which is expected to create a positive outlook for the market. In addition to this, original equipment manufacturers (OEM) are expanding their production capacities by introducing innovative facilities to meet the growing demand of the consumers. Other factors positively influencing the market growth include increasing purchasing power, a rise in the standards of living and rapid urbanization in the emerging nations.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive clutch market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on vehicle type, transmission type, clutch type, clutch disk/plate size, distribution channel and material type.

Breakup by Vehicle Type:

Passenger Vehicles
Commercial Vehicles


Breakup by Transmission Type:

Manual Transmission
Automatic Transmission
Automated Manual Transmission (AMT)
Others


Breakup by Clutch Type:

Friction Clutch
Dog Clutch
Hydraulic Clutch
Others


Breakup by Clutch Disk/Plate Size:

Below 9 Inches
9 Inches to 10 Inches
10 Inches to 11 Inches
11 Inches and Above


Breakup by Distribution Channel:

Aftermarket
OEM


Breakup by Material Type:

Ceramic
Organic
Others


Breakup by Region:

Asia Pacific
Europe
North America
Middle East and Africa
Latin America


Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Aisin Seiki Co., Ltd., Magneti Marelli S.p.A., Schaeffler Group AG & Co., ZF Friedrichshafen AG, BorgWarner Inc., Valeo, Eaton Corporation Inc., WABCO Holdings Inc., EXEDY Corporation, F.C.C. Co. Ltd., NSK Ltd., AMS Automotive LLC, APLS Automotive Industries Pvt. Ltd., JATCO Ltd., Allison Transmission, Inc., and FTE automotive GmbH.

Key Questions Answered in This Report:

How has the global automotive clutch market performed so far and how will it perform in the coming years?
What are the key regional markets in the global automotive clutch industry?
What has been the impact of COVID-19 on the global automotive clutch industry?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the transmission type?
What is the breakup of the market based on the clutch type?
What is the breakup of the market based on the clutch disk/plate size?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the material type?
What are the various stages in the value chain of the global automotive clutch industry?
What are the key driving factors and challenges in the global automotive clutch industry?
What is the structure of the global automotive clutch industry and who are the key players?
What is the degree of competition in the global automotive clutch industry?