Title: Clutch Market - Forecast(2021 - 2026)
1Clutch Market Forecast, Demand Analysis, Market
Share, Market Report (2021-2026)
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- Clutch Market size is forecast to reach 16.2
billion by 2026, after growing at a CAGR of
6.7 during 2021-2026. - One of the most important factor contributing
towards the rapid growth of the clutch market is
the rising demand of electric and increasing
advancement in the automotive industry. - The steady shift from the manual transmission to
semiautomatic and fully automatic transmission
system in the advanced vehicles is contributing
the growth of the clutch market. Moreover, the
high demand of fuel efficient automotive systems
has enhanced the demand of the advanced clutches
Dual Clutch Transmission system.
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- Key Takeaways
- North America seems to dominate the clutch market
in the forecast period owing to the high demand
of electric vehicles in US and Canada. - The global increase in the demand of automatic
transmission system in vehicles is contributing
towards the growth of the market. - Stringency in government regulation coupled with
high adoption of the environmental friendly
vehicles is anticipated to uplift the growth of
the clutch market during forecast period.
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By Distribution Channel- Segment
Analysis Automatic transmission systems is
estimated to have the largest market share in the
clutch market in the year 2020. The growth is
majorly attributed to the high demand towards the
advancement made in the automotive industry and
increasing RD activities in automation.
Moreover, the growing demand of high-performance
and easy transmission among the young bikers is
enhancing the growth of the automatic
transmission systems. In 2019, AVTEC Limited
launched a new set of automatic transmission (HD
transmission) that allows customized transmission
solutions for the field application.
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- Clutch Market Industry Outlook
- Aisin Seiki
- Borgwarner
- Clutch Auto Limited
- Eaton
- Exedy Corporation
- F.C.C.
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Clutch Market - Forecast(2021 - 2026) Learn More
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- Data Tables
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