What is Clutch Disc Market?
The clutch disk is also known as clutch plate. It is rotating part of the clutch. Friction material is attached to the clutch disk. The clutch torque is generated by friction material on the each side of clutch disk. This disc is mainly used in passenger and commercial vehicles. Its limited efficiency in higher temperature could be challenge for the market. Whereas, increasing demand for ICE vehicle is anticipated to create growth opportunities for the market.
Highlights from Clutch Disc Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Schaeffler AG (Germany), ZF Friedrichshafen AG, Valeo S.A. (France), Eaton Corporation (United States), BorgWarner Inc. (United States), Setco Automotive Limited (India), Westlake (United States), Henan Kathysia Industrial Co., Ltd. (China), Hubei Tri-Ring (United States), Aisin (Japan), ProTec Friction Group (United States), Phoenix Friction Products (Canada), GMP Friction Products (United States), Pyrogenics Group(United States), MAPA Makina Parcalari Endustrisi A.S. (Turkey), S. K. Auto Industries (India) and EXEDY Corporation (Japan) |
Market players are focusing on providing Clutch Disc with higher quality along with complying all regulatory standards to fascinate more end users. They are also focusing on the introduction of numerous advanced & attractive features to further offer secured versions of clutch disc. The market is highly fragmented with number of international and domestic market players. Besides, the numerous industry profitability has led the entry of new players, in turn, increasing the level of rivalry in the already competitive market.
Schaeffler AG (Germany), ZF Friedrichshafen AG, Valeo S.A. (France), Eaton Corporation (United States), BorgWarner Inc. (United States), Setco Automotive Limited (India), Westlake (United States), Henan Kathysia Industrial Co., Ltd. (China), Hubei Tri-Ring (United States), Aisin (Japan), ProTec Friction Group (United States), Phoenix Friction Products (Canada), GMP Friction Products (United States), Pyrogenics Group(United States), MAPA Makina Parcalari Endustrisi A.S. (Turkey), S. K. Auto Industries (India) and EXEDY Corporation (Japan) are some of the key players profiled in the study. Clutch Disc Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Marine Lifting, Textile Processing, Food Conveyor, ICE Vehicles, - Passenger, - Commercial, Consumer Electronics and Others |
Type | Single Plate Clutch, Multiplate Clutch, - Wet Clutch, - Dry Clutch and Others |
Category | Centrifugal,Hydraulic,Electromagnetic,Vacuum,Others |
Sales Channel | OEM,Aftermarket |
Size | < 9 Inches,9 -11 Inches,> 11 Inches |
Transmission Type | Manual,Automated,Hybrid |
On the basis of geography, the market of Clutch Disc has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapid Rise in Electromagnetic Clutch Disc over Others
Market Growth Drivers:
Rising demand for Clutch Disc in Heavy Commercial Vehicles and Increasing Automotive Industrial Manufacturing Expenditure
Challenges:
Risk of Overheating and Presence of Number of Local Players
Restraints:
Higher Manufacturing Cost Involved and Less Efficient for Higher Temperature
Opportunities:
Increasing Demand for Clutch Disc in Passenger Vehicles and Growing Inclination Automatic Transmission created Growth Opportunities
Key Target Audience
Clutch Disc Manufacturer, Clutch Disc Supplier/Distributor, Automotive Industrialist, Industrial Investors, Third Party Payable Providers, New Entrants/Investors and Industrial Associations
Market Leaders & Development Strategies
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.