Market Research Future published a research report on “Global Automotive Clutch Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
Market Highlights
The growth in automotive industry directly translates into increasing demand in the automotive Clutch market. Factors such as Low cost, Growth in global vehicle production, need for fuel efficiency and stringent emission norms are driving the market of automotive clutch market. Moreover, manufacturer’s focuses on developing improved systems, such as the dual clutch transmission system, manual transmission systems are some of the major market drivers for the growth of automotive clutch. Automotive Clutch production is consequently high in Asia-pacific, with China and India expected to be the most promising markets. Moreover, Technological advancement and heavy investments are helping automotive Clutch to grow. However, increasing demand for sophisticated and reliable electric vehicles is acting as restraining factors for the automotive clutch market.
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Company focuses on high-quality products as well as changing lifestyle of consumers and increasing spending power enhance the growth of the clutch market for automotive. Low cost of manual clutch as compared to advanced transmission systems and growing consumer awareness regarding green environment and more energy efficient vehicles are driving automotive clutch market. Moreover, Strong global presence as well as Technological developments driving the market of Asia-Pacific.
The report has analyzed the market based on the four segments: transmission Type, Clutch type, Vehicle type and end-use in the regions of North America, Europe, A.PAC and rest of the world. On the basis of Transmission Type it includes manual, automated. Automated transmission holding the largest share. On the basis of Clutch Type it includes Dog clutch, friction clutch, hydraulic clutch and other. Moreover, on the basis of Vehicle Type It includes Passenger car, Commercial vehicle. Commercial vehicle holding the largest share in the clutch market. Whereas Asia pacific region shows growth in automotive Clutch in the light and heavy commercial vehicles. The scope of the market has widened over many years owing to the flourishing markets of Asia pacific .
The prominent players in the automotive Clutch includes – Eaton Corporation, Magneti Marelli, Valeo, Aisin Seiki, EXEDY, FCC, Schaeffer, BorgWarner Clutch Auto Limited and ZF Friedrichshafen.
Market Research Future Analysis:
Asia pacific is leading the market of automotive Clutch. Moreover, the market and trends shows that cars equipped with automated manual transmission systems due to its lower cost and minimal effect on mileage is gaining popularity among consumers in countries such as India and other. Increasing production capacity and commencing new production facility to cater the demand are driving the market of automotive clutch market. Moreover, increasing demand for electronic vehicle, and subsidies offered by government driving the market of automotive clutch market.
Target Audience
- Organizations
- Manufacturer
- Research Institute / Education Institute
- Potential Investors
Asia pacific will be the largest market
Currently, Asia pacific is dominating the market with increasing vehicle production in countries such as India and China and focuses on to increase production capacity driving the market for automotive clutch. Moreover, high production of vehicles, low manufacturing cost and availability of cheap labors are some of the factors which boom the market of Asia pacific. Moreover customer preference shifted towards manual to automated transmission system driving the market for automotive clutch.
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