What is Racing Clutches Market?
A Clutch is a mechanical gadget that explicitly connects with and separates the power transmission from the driving shaft to the determined shaft. The race clutches limits the drivers' ability to slip without overheating the disc. For instance, in December 2019, AP racing debuted their new Dual Band Clutches, to bring a slew of performance modifications that make racer salivate. As it uses Radical design philosophy and software with its calliper range, the main purpose of these clutches to pull as much weight out of the housing. The growing enthusiasm for teenage towards the on-road off-road racing sports is rising the demand for the racing clutch in the market.
Highlights from Racing Clutches Market Study
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | AP Racing (United Kingdom), EXEDY Corporation (Japan), ZF (Germany), Schaeffler Group (Germany), Valeo (France), SPEC (United States), Helix Autosport Ltd (United Kingdom), Ace Racing Clutches (United States), Advanced Clutch Technology (United States) and Tilton Engineering(United States) |
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Racing Clutches market throughout the forecasted period.
AP Racing (United Kingdom), EXEDY Corporation (Japan), ZF (Germany), Schaeffler Group (Germany), Valeo (France), SPEC (United States), Helix Autosport Ltd (United Kingdom), Ace Racing Clutches (United States), Advanced Clutch Technology (United States) and Tilton Engineering(United States) are some of the key players profiled in the study. Racing Clutches Market Segmentation:
Scope | Sub-Segments |
---|
Application / End User | Aftermarkets and OEMs |
Type | Eco-performance and High-performance |
Components | Driving member,Driven Member,Operating Member |
Types | Basic friction,Wet and dry,Multiplate,Dual-clutch systems,Others |
Material | Carbon,Cerametallic,Metallic,Others |
On the basis of geography, the market of Racing Clutches 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The friction-less engine coupling with the drive system
Market Growth Drivers:
Growing Popularity of Motors Sports
Challenges:
Unregulated Aftermarket and Availability of Substitute for Racing Clutches
Restraints:
Racing Clutches Are Expensive
Opportunities:
Design & Technological Advancements of Racing Clutches Is Growing Factor
Market Leaders & Development Strategies
August 2019 United State based McLeod Racing’s Paul Lee company has acquired FTI Performance Converters to lead the aftermarket and racing industry with automatic transmission drivetrain components and manual, torque converters. This new debut acquisition and partnership with the ability to represent both the brands to their consumer by offering those top products and best service. This will help the manufacturer to expand its business globally.
For Instance, In May 2019 TVS Launches Its New Racing Clutch Named Race Tuned (RT) Slipper Clutch On The TVS Apache RR 310 To Enhance The Riding Experience Of Rider. Encompassing With This Help in the Progression and Performance of the Bike.
Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others