Global Automotive Clutch Market Growth 2023-2029

Global Automotive Clutch Market Growth 2023-2029

Automotive clutch, located between the engine and the transmission, is an isolated part transmitting power from engine to the gearbox, and it allows transmission to be interrupted while a gear is selected to move off from a stationary position, or when gears are changed while the car is moving. An automotive clutch can help the driver enjoy a smooth start and facilitate shaft. It can also prevent the transmission overload and reduce the impact of torsional vibration.
Vehicles with manual transmissions (MT), automated manual transmissions (AMT) and dual clutch transmissions (DCT) use automotive clutches to transmit power from engine to the gearbox. However, in automatic transmissions (AT) and continuously variable transmissions (CVT) vehicles, the torque converter takes the place of the mechanical clutch to transmit power.
An automotive clutch assembly consists of many small parts, but there are five major components: the clutch flywheel, the clutch pressure plate, the clutch disc, the throw-out clutch bearing and release system.
LPI (LP Information)' newest research report, the “Automotive Clutch Industry Forecast” looks at past sales and reviews total world Automotive Clutch sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Clutch sales for 2023 through 2029. With Automotive Clutch sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Clutch industry.
This Insight Report provides a comprehensive analysis of the global Automotive Clutch landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Clutch portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Clutch market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Clutch and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Clutch.
The global Automotive Clutch market size is projected to grow from US$ 9004.8 million in 2022 to US$ 9961.1 million in 2029; it is expected to grow at a CAGR of 9961.1 from 2023 to 2029.
Global Automotive Clutch key players include Schaeffler (Luk), ZF (Sachs), Valeo, F.C.C., Exedy, etc. Global top five manufacturers hold a share nearly 55%.
Europe is the largest market, with a share over 45%, followed by Asia-Pacific, and North America, both have a share about 50 percent.
In terms of product, Dry Friction Clutch is the largest segment, with a share about 80%. And in terms of application, the largest application is Commercial Vehicle, followed by Passenger Vehicle.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Clutch market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Wet Friction Clutch
Dry Friction Clutch
Electromagnetic Clutch
Segmentation by application
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Schaeffler (Luk)
ZF (Sachs)
Valeo
F.C.C.
Exedy
Borgwarner
Eaton
Aisin
CNC Driveline
Zhejiang Tieliu
Ningbo Hongxie
Hubei Tri-Ring
Chuangcun Yidong
Wuhu Hefeng
Rongcheng Huanghai
Guilin Fuda
Hangzhou Qidie
Dongfeng Propeller
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Clutch market?
What factors are driving Automotive Clutch market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Clutch market opportunities vary by end market size?
How does Automotive Clutch break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.