About Fan Clutch
A fan clutch is a thermostatic mechanism that acts according to temperature; at lower temperatures, the fan freewheels, relieving the machine's load. The clutch engages and cools the engine as the temperature rises. The fan clutch is placed in front of the water pump, which is connected to the crankshaft of the engine through a belt and pulley. A viscous material is blended with a bimetallic sensing system to create the fan clutch. The device's viscosity causes the fluid to resist flow, while the sensing system is made up of layers of iron and copper. The market for fan clutches is expected to be driven by consumer demand for fuel-efficient and noise-free automobiles. Installation in new vehicle units, as well as aftermarket sales, are projected to drive market growth for fan clutches.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The demand for Fan Clutch is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes Hayden Automotive, Kendrion Markdorf GmbH, Robert Bosch GmbH and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders demonstrate a market-defining vision of how fan clutch can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings. Analyst at AMA Research estimates that Germany Vendors will contribute the maximum growth to Global Fan Clutch market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Hayden Automotive (United States), APDTY (United States), ACDelco (United States), Aisin Seiki (Japan), Mahle Behr GmbH & Co. Kg (Germany), Kendrion Markdorf GmbH (Germany), Robert Bosch GmbH (Germany), Guangzhou Fengming Auto Parts Co., Ltd. (China), Jinan Bestar INC. (China) and Germax Automotive Parts Co., Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Prillinger Gesellschaft m.b.H. (Austria), CERAMET Sp. z o.o. (Poland), Anhui Ekofil Autoparts Company Limited (China), Ningbo TSY Auto Technology Co Ltd (China) and Xuernuo Industrial Co., Limited (China).
Segmentation Overview
AMA Research has segmented the market of Global Fan Clutch market by Type (Friction, Hysteresis and Toothed), Application (Passenger Car and Commercial Vehicle) and Region.
On the basis of geography, the market of Fan Clutch has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Operation Type, the sub-segment i.e. Electromagnetic will boost the Fan Clutch market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. OEMs will boost the Fan Clutch market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Cast iron will boost the Fan Clutch market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Demand for Hi-tech Fan Clutches
Market Growth Drivers:
Growing Demand in Efficient and Noiseless Vehicles and Increasing Awareness for Low Fuel Consumption among People
Challenges:
Decrease in Power, Acceleration, and Fuel Efficiency and Vehicle Overheating
Restraints:
Excessive Speed and Force Stop of Vehicle Can Damage the Fan Clutch
Opportunities:
Increasing Demand in High-Performance Racing Cars Leads to the Growth of Noiseless Fan Clutches over the Forecast Period.
Key Target Audience
Fan clutch Manufacturers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, End-Use Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.