Global Automotive Clutch Market Outlook 2018-2023

As per the report on global automotive clutch market is predicted to witness substantial growth in the forecast period owing to the high demand for compact SUVs, premium cars, crossovers, and others in emerging economies. An automotive clutch is a device that activates and deactivates power transmission from driving shaft to the driven shaft in vehicles. In short, an automotive clutch connects and disconnects two driving shafts. Among the two shafts, one is attached to the engine or to the power unit and other delivers power output. 

Since the engine spins continuously, but the car wheels do not, automotive clutch is an extremely important device in an automobile. It smoothly engages a spinning engine to non-spinning transmission by managing the slippage among them. Automobiles use friction clutch run by either hydraulic fluid or by a commonly used cable.

The major driving factors of the automotive clutch market include increasing consumers’ preference towards fully-automatic or semi-automatic transmission systems, rise in demand for passenger cars, increase in demand for heavy commercial vehicles, rise in disposable income of consumers, and increase in technological enhancements, such as automated manual transmission systems and dual clutch transmission system. Furthermore, changing consumers’ lifestyle and rise in number of new entrants is fueling the automotive clutch market growth. However, the rise in electric vehicles and automatic transmission vehicles is hampering the market growth.

Increasing focus by manufacturers on improved systems is trending in the industry. Increase in production of affordable automobiles equipped with AMT (Automatic Manual Transmission) is an opportunity for the manufacturers to strengthen automotive clutch market presence.

The automobile manufacturers are increasingly investing in improved mobility options, such as car-sharing and ride-sharing erodes an individual automobile ownership in few places. The investment aims to increase the revenue and maintain the tech-driven transport trends. OEMs are also researching to allow customers’ participation in their cars as well as into dealerships like vehicle-subscription services. Above 20 dealerships in the United States presently implement Clutch’s Single-Vehicle Subscription platform. President of Clutch, Vince Zappa said that most dealer customers drove used cars, loaner cars, and rental cars and requested for subscription platform for these kind of multiple vehicles.

The prominent players in the automotive clutch market include BorgWarner Inc., EXEDY Corporation, Schaeffler Technologies AG & Co. KG, FTE Automotive, F.C.C. Co., Ltd., Aisin Seiki, ZF Friedrichshafen AG, and Valeo.

Global Market for automotive clutch to 2023 offers detailed coverage of automotive clutch industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading automotive clutch producers to provide exhaustive coverage of the automotive clutch.

Report contents include
- Analysis of the automotive clutch market including revenues, future growth, market outlook
- Historical data and forecast
- Regional analysis including growth estimates
- Analyzes the end user markets including growth estimates.
- Profiles on automotive clutch including products, sales/revenues, and market position
- Market structure, market drivers and restraints.

Key regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
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