Global Automotive Clutch Market 2015-2019
About automotive clutches
Automotive clutches are an integral part of the automotive drivetrain system. They transfer power from the engine to the gearbox. They also ensure continuous transmission while changing the gears. Growing need for fuel efficiency and enactment of stringent emission norms has prompted automotive clutch and transmission manufacturers to focus on developing improved systems, such as the dual clutch transmission (DCT) system. In addition, rising demand for automobiles in countries such as India, China, South Korea, and Japan, is also expected to boost market growth. Moreover, affordable cars equipped with AMT systems are gaining popularity among consumers in countries such as India, as they are cheaper compared to cars equipped with AT.
Technavio's analysts forecast the global automotive clutch market to grow at a CAGR of 7.28% over the period 2014-2019.
Covered in this report
Based on type, the global automotive clutch market can be segmented into manual transmission and automatic transmission.Technavio's report, Global Automotive Clutch Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, the Americas, and EMEA; it also covers the global automotive clutch market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Automotive Clutch Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Automotive Clutch Market: Aisin Seiki, EXEDY, FCC, Schaeffler, Valeo and ZF Friedrichshafen
Other Prominent Vendors in the market are: Alto Products, AMS Automotive, APLS Automotive Industries, Autoclutch, BorgWarner, Centerforce, Changchun Yidong Clutch, Clutch Auto, ELITE ENGINEERS, FTE Automotive, GK Group, Linamar, MACAS Automotive, Mahindra Sona, Makino Auto Industries, NSK, RAICAM Industrie SRL, RAM Clutches, Robert Bosch (Bosch Auto Parts), San Yes Automotive Technology, Setco Automotive UK and Zhejiang Asia-Pacific Mechanical & Electronic
Commenting on the report, an analyst from Technavio’s team said: “To meet the requirements of corporate average fuel economy (CAFE) — a set of US regulations designed to improve fuel economy — as well as exhaust emissions standards, manufacturers are designing and developing advanced drivetrain and transmission systems. These systems reduce gas emissions and enhance the overall driving experience. One of the approaches to improve the driving experience is to reduce the effort of changing gears. This has increased the demand for technologically advanced clutch and transmission systems like DCT and electronically operated clutches.”
According to the report, improvements in economic conditions combined with the improved financial status of consumers in emerging markets have accelerated the production of automobiles. The demand for automobiles has also increased after the recovery of the automotive industry in North America and Europe from the economic recession of 2008-2009.
Further, the report states that the increasing penetration of electric vehicles (EVs), especially battery electric vehicles (BEVs), hinders market growth.
Aisin Seiki, EXEDY, FCC, Schaeffler, Valeo, ZF Friedrichshafen, Alto Products, AMS Automotive, APLS Automotive Industries, Autoclutch, BorgWarner, Centerforce, Changchun Yidong Clutch, Clutch Auto, ELITE ENGINEERS, FTE Automotive, GK Group, Linamar, MACAS Automotive, Mahindra Sona, Makino Auto Industries, NSK, RAICAM Industrie SRL, RAM Clutches, Robert Bosch (Bosch Auto Parts), San Yes Automotive Technology, Setco Automotive UK, Zhejiang Asia-Pacific Mechanical & Electronic