Clutch Market Worth over USD 15,571 Million by 2025: ZMR Report

Global Clutch Market For Automotive Is Anticipated To Reach Around USD 15,571 Million By 2025

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Sarasota, FL -- (SBWire) -- 04/09/2019 --Zion Market Research has published a new report titled "Clutch Market for Automotive By Type (Wet Clutch and Dry Clutch), By Transmission Type (Automatic, Manual, Automated Manual, and Dual Clutch), By Material Type (Ceramic, Organic, and Others), By Sales Channel (Aftermarket and OEM), and By Vehicle Type (Commercial and Passenger): Global industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025''. According to the report, the global clutch market for automotive was valued at around USD 9,913 million in 2018 and is expected to reach approximately USD 15,571 million by 2025, at a CAGR of 6.7% between 2019 and 2025.

A mechanical device that connects the driving shaft to the shaft that is driven to start or stop the driven shaft according to the driver without stopping the driving shaft is called a clutch. The clutch provides an uninterrupted connection between the two rotating shafts.

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The growing innovation within the automotive industry has led to significant growth in the clutch market for automotive globally. Stringent carbon emission norms and a need for fuel-efficient vehicles are contributing significantly toward the growth of the clutch market for automotive globally. Moreover, technological advancements with the dual clutch transmission technology are also anticipated to drive the global clutch market for automotive. However, increasing penetration of automatic transmission vehicles may hinder the clutch market for automotive.

By transmission type, the clutch market for automotive is divided into automatic, manual, automated manual, and dual clutch. The Dual-Clutch Transmission (DTC) technology is also referred to as twin-clutch transmission that is a type of manual transmission. By type segment, the market is segmented into the wet clutch and dry clutch. The dry clutch segment is expected to dominate the market, owing to the various advantages that it offers in comparison to wet clutches, such as the ability to handle more power than a wet clutch, high coefficient of friction, and reduced transmission power loss.

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The material type segment is segmented into ceramic, organic, and others. The ceramic segment consists of tin, iron, copper graphite, and bronze. Ceramic can withstand heat up to 1000°F and thus they are used for various applications, such as high-end racing bikes. On the other hand, organic material is stronger than molded facing, which translates to better life and performance for clutches. It can withstand less heat and is wear-resistant, it is meant for performance (smooth engagement and strength) and not racing. The ceramic segment will grow substantially and contribute notably toward the clutch market for automotive globally. By vehicle type, the clutch market for automotive includes commercial and passenger vehicles.

By region, Asia Pacific is projected to hold a significant share of the clutch market for automotive globally. Over the projected time period, the market demand in the Asia Pacific region is anticipated to accelerate tremendously, owing to the increasing investments made in the automotive sector of developing countries, such as India and China. Furthermore, the increasing standards of living of people and growing inclination toward automation are also driving the region's clutch market for automotive.

Some key participants operating in the global clutch market for automotive are Schaeffler AG, Robert Bosch GmbH, Secto Automotive, Valeo, BorgWarner Inc., AISIN SEIKI, ZF Friedrichshafen AG, F.C.C. Co., Ltd., EXEDY Corporation, FTE Automotive, and AMS Automotive.

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This report segments the global clutch market for automotive into:

Clutch Market for Automotive: Type Analysis

Wet Clutch
Dry Clutch
Clutch Market for Automotive: Transmission Type Analysis

Automatic
Manual
Automated Manual
Dual Clutch
Clutch Market for Automotive: Material Type Analysis

Ceramic
Organic
Others
Clutch Market for Automotive: Sales Channel Analysis

Aftermarket
OEM
Clutch Market for Automotive: Vehicle Type Analysis

Commercial
Passenger

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