Global Clutch Market Is Anticipated To Reach Around $19.55 Bn By 2032

11-Mar-2024 | Zion Market Research

Zion Market Research has published a new report titled “Clutch Market 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), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032’’. According to the report, the global clutch market was evaluated at $11.45 billion in 2023 and is slated to hit $19.55 billion by the end of 2032 with a CAGR of nearly 6.12% between 2024 and 2032.

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.

Browse the full “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), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032 Report at https://www.zionmarketresearch.com/report/clutch-market

Global Clutch Market for Automotive

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.

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.

Clutch Market: Competitive Space

The global clutch market profiles key players such as:

  • Schaeffler AG
  • Robert Bosch GmbH
  • Secto Automotive
  • Valeo
  • BorgWarner Inc
  • AISIN SEIKI
  • ZF Friedrichshafen AG
  • F.C.C. Co., Ltd
  • EXEDY Corporation
  • FTE Automotive
  • AMS Automotive

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

Clutch Market for Automotive: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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