Global Clutch Market Size is estimated to expand rapidly in coming years, at a CAGR of 9.6 % from 2018 to 2025. In 2017, the global market valuation was USD 12.9 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. The clutch transmits motor energy to the gearbox without interrupting the engine's operation and allows ongoing transmission while selecting a gear. Generally speaking, sometimes the wheels have to be disconnected from the engine because the engine spins all the time, but the wheels don't. Clutches are used to smoothly connect a spinning engine to a non-spinning transmission to disconnect the engine. Increasing car sales, client inclination towards more convenient transmission methods including semi-automatic and fully automated transmission systems, and growing demand for advanced and reliable electric vehicles are the main factors driving the demand for automotive clutches. However, growing demand for advanced and reliable electric vehicles acts as limiting factors for the car clutch industry.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global clutch market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global clutch market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
By Type Insights: On the basis of type, global clutch market has been segmented into manual transmission, AT, AMT & CVT. Among which AT segment has accounted for largest share in the global market of clutch. A rise in vehicle demand is anticipated in Asia-Oceania nations, primarily in China, India, South Korea, and Japan, in the coming years. As they form an essential portion of the transmission system, this is expected to increase the demand for automotive clutches. Sustainable growth in the automotive clutch industry will rely mainly on fully automated transmission penetration, replacing clutches with torque converters.
The clutch market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. It is anticipated that the automotive clutch industry in APAC areas will develop at a greater pace due to increased passenger car manufacturing volume. OEMs are also increasing their present manufacturing ability and starting new manufacturing facilities to meet increasing demand in these areas. This has driven the automotive industry's development, leading to a substantial rise in the region's demand for automotive clutches.
The demand for automatic transmission systems is increasing at a quicker pace and is also outnumbering the demand for manual transmission on the North American market and is increasing significantly in the United States owing to the rise in customer purchasing power. In the mature European market, demand for automatic transmission cars is greater compared to manually transmitted cars.
Global Clutch Market Size, Share Analysis by Region 2017
Global Clutch Market Study Objective.
1. To forecast the market size of clutch market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of clutch market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of clutch market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of clutch market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the clutch market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
ZF Friedrichshafen AG, BorgWarner Inc., Schaeffler AG, Valeo S.A., and EXEDY Corporation are some of the key players in the market of clutch.
Global Clutch Market Study Report Offer You!
The global clutch market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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