About Double Clutch Transmission
Dual Clutch Transmission is also known as a dual-clutch transmission, it is a part of automobile equipment. These are used to separate gears from odd to even ones. Moreover, it also enables to offers the function of two manual gearboxes in one providing better comfort to the driver for shifting its gears. A dual-clutch gearbox, by transmission, uses two clutches but has no clutch pedal for odd and even ones. In addition to that many key companies are having their own version or versions, but only selectively use them across their ranges of vehicles. For example, the Volkswagen group is the most invested in its implementation of DCT. Hence, the rising consumption of four-wheeler vehicles is one of the most prominent factors for this industry.
Attributes | Details |
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Study Period | 2019-2029 |
Base Year | 2023 |
High Growth Market | Asia-Pacific |
Unit | Value (USD Million) |
CAGR | 5.1% |
The global market for DCT is highly fragmented by various key players include IAV Automotive Engineering, Aisin Seiki Co, Getrag Corporate Group, Magna International, Inc., Allison Transmission, Jatco Limited and many more. The Majority of car manufacturers in this market DCT under their trademark had manufactured DCT system to ensure their market stability in such competitive nature namely DSG by Volkswagen Group, Powershift by Ford and Volvo, Ecoshift by Hyundai, S-Tronic by Audi, TC-SST by Mitsubishi, PDK by Porsche and Speedshift by Mercedes. Analyst at AMA Research estimates that Germany Vendors will contribute the maximum growth to Global Double Clutch Transmission 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.
Continental AG (Germany), Aisen Seiki Company ltd. (Japan), Borgwarner Inc. (United States), Fiat Powertrain Technologies (Italy), Volkswagen Group (Germany), Bayerische Motoren Werke AG (Germany), FEV Europe GmbH (Germany), Magna PT (Germany), LuK (Germany) and Eaton Plc. (Republic of Ireland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Bosch (Germany), Delphi Automotive (Ireland), ZF TRW (Germany), Infineon Technologies (Germany), Magneti Marelli (Italy), Allison Transmission (United States), Wabco (France), DENSO CORPORATION (Japan) and Magna International Inc. (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Double Clutch Transmission market by Type (Wet Dual Clutch Technology and Dry Dual Clutch Technology), Application (Passenger Vehicle and Commercial Vehicle) and Region.
On the basis of geography, the market of Double Clutch Transmission 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). Europe region held largest market share in the year 2023. If we see Market by Lubrication Type, the sub-segment i.e. Dry will boost the Double Clutch Transmission market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vehicle Type , the sub-segment i.e. Passenger Cars will boost the Double Clutch Transmission market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. OEM will boost the Double Clutch Transmission market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adopting Trend for Low Carbon Footprint Technologies for DCT in Automobiles and Acceptance of Automatic and Semi-Automatic DCT Systems in Automobiles
Market Growth Drivers:
Increasing Number of Automobiles Globally is Expected to be the key driving factor for the Double-Clutch Transmission and Owing to the Rising Population and Improving Regulatory Standards
Challenges:
Lack of Awareness about DCT may Challenge the market growth over the forecast period and Issue Related to Low penetration of DCT System in the High Ended Market
Restraints:
High Cost of Adoption and Frequent Maintenance of Advanced Transmission Systems and High Cost Associated With the Installation of these DCT
Opportunities:
Growing Opportunity of this Market in Developing Economies such as India, Japan, China, Owing to the Increase in Automobile Sector and Increasing Expectations of Engine Performance and Better Driving Experience in Both Developed and Developing Countries
Market Leaders and their expansionary development strategies
In December 2023, Magna International Inc. has completed its acquisition of the GETRAG Group of Companies, one of the world’s leading independent suppliers of automotive transmissions. this acquisition, continue to demonstrate focus on a refined portfolio of strategic automotive product lines.”
On 22nd Feb 2019, MG will offer a dual-clutch automatic transmission on the Hector SUV. Alongside a 6-speed manual, a 6-speed dual-clutch automatic gearbox developed in-house by MG-SAIC will also be available with the Hector’s 1.5-litre turbo-petrol engine.
Analyst View
The global market of DCT is taking a slow and steady growth pace in 2019, but is expected to witness a high growth rate in upcoming years. As from the demand side the growth is attributed to Hassle-free driving experiences offered by dual clutch transmissions (DCT). And from the supply side of this market growth is seen by increasing stringent regulations about carbon footprints in this industry. Hence making this market to foreseen in forecasted years.
Key Target Audience
DCT OEMs, DCT Suppliers, DCT Manufacturers Associations, DCT Distributors, End-Users 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.