Global Car Clutch Assembly Market Size, Share & Trends Analysis Report, By Type (Automated Manual Transmission (AMT), Continuous Variable Transmission (CVT), and Others), By Application (Pre-Installed and Aftermarket), Forecast (2022-2028)
The global car clutch assembly market is anticipated to grow at a CAGR of 4.1% during the forecast period (2022-2028). Car clutch assembly typically includes a friction disc that rides on the transmission input shaft and a spring-loaded pressure plate that squeezes the friction disc to the flywheel to engage the engine to the transmission. The market growth is majorly attributable to the rising trend and shifting consumer preference towards semi-automatic or fully automatic transmission systems from manual to ones. Apart from this, customer preference for more convenient modes of transmission as well as the increasing demand for passenger cars in various emerging economies are also projected to provide a major boost to the global car clutch assembly market.
Adding to this, a surge in the number of automobile cars all over the globe in recent years as a result of growth in per capita income, increased urbanization and industrialization, growth in the living standards, and change in consumer preferences have also augmented the demand for car clutch assembly. For instance, as per the International Organization of Motor Vehicle Manufacturers (OICA), total vehicle sales including the passenger cars and light commercial vehicles, had increased to 92,654,055 units in 2018 from 91,458,490 units in 2016. Such augmented vehicle sales have surged the growth of the global market
Some key players operating in the market include BorgWarner Inc., Eaton Corp., and Aisin Seiki Co., Ltd., among others. The market players are eyeing on strengthening their position in the market by adopting various strategies as mergers and acquisitions, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in November 2019, BorgWarner collaborated with the Chinese original equipment manufacturer ChangAn automobile to supply the highly integrated electro-hydraulic control unit and compact triple clutch P2 drive module for ChangAn’s next-generation hybrid transmission technology.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape: BorgWarner Inc., Eaton Corp., and Aisin Seiki Co., Ltd., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Car Clutch Assembly Market Report by Segment
By Type
- Automated Manual Transmission (AMT)
- Continuous Variable Transmission (CVT)
- Others
By Application
- Pre-Installed
- Aftermarket
Global Car Clutch Assembly Market Report by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East and Africa
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