Clutch Market Overview
Clutch Market size is forecast to reach $16.2 billion by 2026, after growing at a CAGR of 6.7% during 2021-2026. One of the most important factor contributing towards the rapid growth of the clutch market is the rising demand of electric and increasing advancement in the automotive industry. The steady shift from the manual transmission to semiautomatic and fully automatic transmission system in the advanced vehicles is contributing the growth of the clutch market. Moreover, the high demand of fuel efficient automotive systems has enhanced the demand of the advanced clutches Dual Clutch Transmission system, thereby contributing towards the growth of the clutch industry during forecast period.
The report: “Clutch Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Clutch Market.
By Transmission Type: Manual Transmission, Automatic Transmission, Automated Manual Transmission, Continuously Variable Transmission.
By Clutch Size: Below 9 Inches Disc, 9 to 10 Inches Disc, 10 to 11 Inches Disc and 11 Inches and Above Disc.
By Vehicle Type: Passenger Vehicles, Light Commercial Vehicles and Heavy Commercial Vehicles.
By Geography : North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle East and Africa).
- North America seems to dominate the clutch market in the forecast period owing to the high demand of electric vehicles in US and Canada.
- The global increase in the demand of automatic transmission system in vehicles is contributing towards the growth of the market.
- Stringency in government regulation coupled with high adoption of the environmental friendly vehicles is anticipated to uplift the growth of the clutch market during forecast period.
Clutch Market Segment Analysis - By Transmission Type
Automatic transmission systems is estimated to have the largest market share in the clutch market in the year 2020. The growth is majorly attributed to the high demand towards the advancement made in the automotive industry and increasing R&D activities in automation. Moreover, the growing demand of high-performance and easy transmission among the young bikers is enhancing the growth of the automatic transmission systems. In 2019, AVTEC Limited launched a new set of automatic transmission (HD transmission) that allows customized transmission solutions for the field application. The growing launch of advanced products is anticipated to raise the growth of the market during forecast period.
Clutch Market Segment Analysis - By Geography
North America dominated the Clutch market with a share of more than 42.78% which is followed by APAC. The predominance of the North America on the clutch market is majorly attributed to the growing demand of electric vehicles in regions such as United States and Canada. In the third quarter of 2019, the total number electric vehicles sold in Canada was 18,000 which was a rise of 16.6% since the third quarter of 2018, according to FleetCarma. The significant growth in sale of electric vehicles and growing deployment of clutches in the newly manufactured vehicle is anticipated to uplift the growth of the Clutch market in North America during forecast period.
Clutch Market Drivers
Growing demand of Electric vehicles (particularly Battery Electric Vehicles) across the Globe
The increasing awareness towards the environmental friendly vehicles has allowed heavy adoption of the Battery Electric vehicles in the developed parts of the world such as United States, Canada, Germany, U.K and other such areas. The heavy growth in the technological advancements in these regions. The increase in production of new vehicles has also increased the deployment of these clutches in these vehicles thereby driving the growth of the market.
Implementation of Stringent Environment Regulations
Governments across all nations are majorly focusing on boosting the fuel economy and creating awareness towards healthy environment in order to remove pollution across the globe. Strict government regulation coupled with high adoption of the environment friendly vehicles has increased the deployment of clutches in the new vehicles, thereby contributing towards the growth of the market.
Clutch Market Challenges
One of the major factor hindering the growth of the Clutch market is the complex design and highly complex installation process. Moreover, once damaged and has to be replaced. Also the high complexity coupled with high installation cost of clutches is majorly hindering the growth of the market.
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Clutch market. In 2018, the market of fuel additives has been consolidated by the top five players accounting for 46% of the share. Major players in the Clutch Market are Aisin Seiki Co., Ltd., Borgwarner Inc., Clutch Auto Limited, Eaton Corporation PLC, Exedy Corporation., F.C.C. Co., Ltd., among others.
- In 2018, Eaton Corporation launch a new clutch System “Eaton 430mm Clutch” specially designed for Volvo I-Shift. The launch of new products is anticipated to raise the growth of the market during forecast period.
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1. Clutch Market - Overview
1.1 Definitions and Scope
2. Clutch Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Clutch Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Clutch Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Clutch Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Clutch Market Forces
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Clutch Market - Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Clutch Market - By Transmission Type (Market Size -$Million / $Billion)
8.1 Manual Transmission
8.2 Automatic Transmission
8.3 Automated Manual Transmission
8.4 Continuously Variable Transmission
9. Clutch Market By Clutch Disc Size (Market Size -$Million / $Billion)
9.1 Below 9 Inches Disc
9.2 9 to 10 Inches Disc
9.3 10 to 11 Inches Disc
9.4 11 Inches & Above Disc
10. Clutch - By Application Type (Market Size -$Million / $Billion)
10.1 Segment type Size and Market Share Analysis
10.2 Application Revenue and Trends by type of Application
10.3 Application Segment Analysis by Type
11. Clutch- By Geography (Market Size -$Million / $Billion)
11.1 Clutch Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
188.8.131.52 Rest of North America
11.3 Clutch- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
184.108.40.206 Costa Rica
220.127.116.11 Rest of South America
11.5 Clutch- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
18.104.22.168 Rest of Europe
11.7 Clutch - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
22.214.171.124 South Korea
126.96.36.199 Hong kong
188.8.131.52 Rest of APAC
11.9 Clutch - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
184.108.40.206 Saudi Arabia
11.10.6 Africa Segment Analysis
220.127.116.11 South Africa
18.104.22.168 Rest of Middle East & Africa
12. Clutch Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Clutch Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at a global level - Top 10 companies
13.1.6 Best Practises for companies
14. Clutch Market - Key Company List by Country Premium
15. Clutch Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Aisin Seiki Co., Ltd.
15.3 Borgwarner Inc.
15.4 Clutch Auto Limited
15.5 Eaton Corporation PLC
15.6 Exedy Corporation
15.7 F.C.C. Co., Ltd.
15.8 NSK Ltd.
15.9 Schaeffler AG.
15.10 Valeo S.A.
15.11 ZF Friedrichshafen AG.
15.12 Company 11
15.13 Company 12 & More
*Financials would be provided on a best efforts basis for private companies
16. Clutch Market - Appendix
17. Clutch Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends