Industry Background:
Clutches are very useful in the devices which have two rotating shafts. In such devices, one of the shafts is usually driven by a motor or pulley, and the other one drives the alternative device. The clutch mainly connects the two shafts so as to lock them together and spin them at the same speed, or can be decoupled and then spin at altered speeds. Technology has changed drastically over the past few years, in the past vehicles had to rely on heavy Stage 3 style of clutches for the purpose of daily driving. The dual disc clutches are basically designed for the higher horsepower applications, and for high performance. The dual disc set up would ease the issues of shifting gears across the board. One of the major benefits of the dual disc clutches is that a minimal pedal effort is required with a holding capacity which is increased and confines more than that of a single disc option. Dual disc clutches help in spreading the power over a greater surface area. Hence resulting in a much smoother engaging clutch and also a better driving ability for the automotive.This growth is primarily driven by Growing Awareness for Low Carbon Footprint Technologies
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Auto Parts & Equipment sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Schaeffler Group (Germany), Robert Bosch (Bosch Auto Parts) (Germany), Valeo (France), EXEDY (Japan), BorgWarner Clutch Auto Limited (United States), Eaton Corp. (Ireland), Aisin Seiki (Japan), ZF Friedrichshafen AG (Germany), General Motors Company (United States), Centerforce Clutches (United States), Setco Automotive Limited (India) and RAM Clutches (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In June 2022, Bosch acquired the Melbourne, Australia-based MoTeC Group. MoTeC offers a wide range of motorsport technologies for its customer racing market. The company specializes in the development, manufacture, and distribution of motorsport technology for teams in numerous racing series and is well-established in this market.
In October 2019, BorgWarner developed a revolutionary torque vectoring system for electric vehicles that allows the use of just one electric motor instead of the traditional two motors commonly found in electric vehicles. The solution features a cost-effective and compact design, significantly reducing required vehicle space and system weight.The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Influencing Trend:
A Rise in Demand for Passenger Vehicles Owing To Increased Income and Urbanization and The Growing Trend of Digital Evolvement and Advanced Electronics for Faster Gear Shifts
Market Growth Drivers:
Growing Awareness for Low Carbon Footprint Technologies, High Demand for Automatic Manual Transmission (AMT) Systems and The Increasing Number of Automobiles All Around the World
Challenges:
Replacement of Manual Clutch by Torque Converter in the Automatic Transmission and The Low Fuel Efficiency of Vehicles with Automatic Transmission Systems
Restraints:
High Cost of Dual Disc Clutches and Lack of Awareness About Dual Disc Clutches
Opportunities:
Increase in the Demand for Hybrid Vehicles Can Provide Opportunity for the Growth of the Market Near Future and Shifting Of Preference of the Consumers towards Manual or Fully Automatic Transmission in Vehicles
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Automotive Dual Disc Clutch Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Automotive Dual Disc Clutch Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Automotive Dual Disc Clutch players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Automotive Dual Disc Clutch Study Sheds Light on
The Automotive Dual Disc Clutch Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Automotive Dual Disc Clutch industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Automotive Dual Disc Clutch industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.