Clutch Disc Market 2021 | Global Industry Trends, Future Development, Outlook, Growth Analysis and 2027 Forecast

The global automotive clutch disc market is likely to gain momentum from the increasing traffic congestion worldwide. People are nowadays looking for fuel efficient vehicles that would provide comfortable driving experience. This information is given by Fortune Business Insights™ in a recent report, titled, “Clutch Disc Market for Automotive Size, Share & Industry Analysis, By Transmission Type (Manual Transmission, Automatic Transmission, Automated Manual Transmission, and Others), By Vehicle Type (Passenger Cars and Commercial Vehicles) and Regional Forecasts, 2019-2026.” As per the report, the automotive clutch disc market size was USD 3980.6 million in 2018 and is projected to reach USD 5285.9 million by 2026, exhibiting a CAGR of 3.60% during the forecast period.

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Fortune Business Insights™ lists out the names of all the companies operating in the automotive clutch disc market. They are as follows:

  • ZF Friedrichshafen AG
  • Schaeffler Technologies AG
  • Aisin Seiki Co., Ltd.
  • BorgWarner Inc.
  • Valeo S.A.
  • Exedy Corporation
  • C.C. Co., Ltd.
  • Eaton Corporation PLC

Drivers & Restraints-

Rising Urbanization to Augment Growth

Rapid industrialization, improvements in road infrastructures, and rising urbanization are few of the crucial factors responsible for the automotive clutch disc market growth worldwide. Apart from that, these factors are gradually driving the construction, mining, IT, and logistics industry. In addition to that, the growing population is upsurging the demand for commercial vehicles across the globe. In case of the automated manual transmission, the driver can either sift to the manual gear system or use the automatic transmission as per their requirement. It is possible just by pulling the gear lever backward for downshift and pushing it for upshift. It is also equipped with a gearbox as the clutch pedal is missing. This dual clutch system provides a better performance in terms of swift throttle response and smooth gearshift. However, the rising shift of the masses towards zero emission vehicles may hinder market growth in the coming years.

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Competitive Landscape-

Key Players Engage in Joining Hands with Other Companies to Intensify Competition

The market consists of numerous enterprises that are persistently striving to keep up with the latest trends for fulfilling the needs of their growing consumer bases. To do so, they are singing new contracts and agreements with the other reputed companies for delivering them unique products. Below is one of the key industry developments:

November 2019: BorgWarner teamed up with ChangAn to provide the latter with its highly integrated compact triple clutch P2 drive module and electro-hydraulic control unit. These will be used in the latter’s cutting-edge hybrid transmission technology.

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