Clutch is a mechanical device that is used for engagement and disengagement of transmission from the driving shaft to the driven shaft. The primary function of the clutch is to transmit the torque from the engine side to the drivetrain. The clutch operates quietly and mitigates the drive-related vibration during its operation. Several friction materials are utilized to manufacture a clutch in order to ensure smooth engagement of gears, offer resistance, and providing strength. Organic friction materials are commonly used as friction material for clutch facing, as they offer a perfect combination of smooth engagement, wear resistance, and cost-effectiveness, as compared to others friction materials.
Dual clutch transmission and automated manual transmission are gaining popularity among car manufacturers as these systems offer all the convenience of the conventional automatic transmission, but at a lower price and without hampering fuel efficiency. These factors are likely to drive the demand for automotive clutch considerably during the forecast period.
Increase in demand for SUVs, crossovers, compact SUVs, and premium cars across the globe, especially in countries in Asia is a primary factor that is estimated to drive the clutch market during the forecast period. Increase in industrialization, which is boosting the logistics industry, expansion of the IT industry, especially in metropolitan areas, increased population, and migration toward urban areas for better job opportunities, thereby augmenting daily commutation are all driving the production of commercial vehicles. Heavy commercial vehicles have been witnessing the adoption of automatic transmission owing to several advantages such as fuel economy and easier driving training for drivers.
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These factors are likely to boost the overall market during the forecast period. Increased disposable income and spending capacity of the public, primarily in developing countries, on account of significant revenue opportunities, have propelled the demand for vehicles that are forming the critical necessity for commutation. However, increase in automatic transmission vehicles and electric vehicles are likely to hamper the clutch market for automotive during the forecast period. The global clutch market for automotive is expected to expand at a CAGR of about 5% between 2018 and 2026.
The report provides the estimated market size of automotive clutch for 2017 and forecast for the next nine years. The global market size of automotive clutch has been provided in terms of revenue and volume. Market numbers have been estimated based on key clutch type, transmission type, material type, sales channel, vehicle, and regional segments of clutch market for automotive. Market size and forecast for each major type and vehicle have been provided in terms of global and regional/country markets.
In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
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Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, National government documents, statistical databases, and market reports, American Automobile Association, European Automobile Manufacturers Association, Automotive Research Association of India, Organization International des Constructeurs d’Automobile (OICA), Factiva, etc.
