Automotive Clutch Market Segmentation,Dynamics,Key players:
An automotive clutch provides connection and disconnection between manual transmission and engine. Basically, a clutch is used in automobile for power transmission between two shafts. Since, engine of an automobile spins all the time, wheel needs to be disconnected in order to offer synchronisation between spinning engine to non-spinning transmission. Clutches are used to disconnect the engine from wheels. With growing automobile sales, consumer demand for efficient transmission modes and sophisticated automobiles, demand for automotive drivetrain system is anticipated to increase significantly in the near future. This is turn will lead to development of automotive clutch and thus, growth in the automotive clutch market worldwide. For instance, automated manual transmission (AMT) offers ease of use to the driver to change gear either fully automatically or sequentially without using the clutch. Clutch manufacturers across the globe are engaged in developing high quality products mitigating specific technical specifications by automobile manufacturers.
Automotive clutch market is segmented on the basis of transmission type, clutch type and clutch size. Based on different transmission type, the automotive clutch market is segmented into manual transmission, automated manual transmission, automatic transmission and continuously variable transmission. Consumer inclination in countries such as China and India is towards affordable cars with AMT systems, this is resulting in growth of AT system in these countries. On the basis of clutch type, the automotive clutch market is segmented into dog clutch, friction clutch, centrifugal clutch, semi centrifugal clutch, hydraulic clutch, vacuum clutch and electro-magnetic clutch. Friction clutch is further sub-segmented into single plate clutch, multi-plate clutch and cone clutch. On the basis of clutch size, the automotive clutch market is segmented into below 9 inches disc, 9 to 10 inches disc, 10 to 11 inches disc and 11 inches and above disc.
Geographically, the automotive clutch market is segmented into seven regions including Japan, Middle East and Africa, Eastern Europe, Asia Pacific excluding Japan, Western Europe, Latin America and North America. With increasing vehicle production in countries such as India and China coupled with manufacturers focus on increasing production capacity, demand for automotive clutch is anticipated to grow significantly, thus increase in the market growth. North America is expected to hold second position in terms of automotive clutch market growth. This is attributed to increasing vehicle purchase primarily in the U.S. followed by Mexico.
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Rising demand for automobiles in countries such as South Korea, Japan, China and India has led automotive parts manufacturers to develop improved systems. This is driving the demand for efficient automotive parts and thus, fuelling the automotive clutch market growth globally. In addition, macro factors such as GDP impact on sales of commercial vehicles, low cost of manual clutch as compared to advanced transmission systems, growing urbanisation, developing infrastructure are driving the automotive clutch market growth at broader level are fuelling the automotive clutch market growth. However, growing penetration of automatic transmission vehicles that offer enhanced driving experience is hampering the automotive clutch market growth. This is due to growing consumer awareness regarding green environment and more energy efficient vehicles