Automotive Clutch Market By Clutch Type (Dry Clutch, Wet Clutch, Hydraulic Clutch), Vehicle Type (Passenger Cars, Commercial Vehicles), Transmission Type (Manual Transmission, Automatic Transmission), & Region for 2024-2031

Automotive Clutch Market Valuation – 2024-2031

The automotive clutch market is witnessing a surge in demand, driven by several factors. Rising urbanization and disposable wealth in emerging economies are driving up car demand, increasing the requirement for clutches. The market size surpass USD 23.85 Billion valued in 2024 to reach a valuation of around USD 40.46 Billion by 2031.

Furthermore, the increasing inclination for automatic transmission automobiles, combined with technological developments in clutch systems, is propelling the market. As automobile manufacturers continue to focus on improving fuel efficiency and lowering emissions, demand for more efficient and durable clutches is projected to increase. The rising demand for cost-effective and efficient automotive clutch is enabling the market grow at a CAGR of 6.83% from 2024 to 2031.

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Automotive Clutch Market: Definition/ Overview

An automotive clutch is a mechanical device that engages and disengages the power transfer between the engine and the drivetrain of a vehicle. It enables the driver to effortlessly shift gears, and start and stop the vehicle without blocking the engine. The clutch uses friction plates to connect the engine’s flywheel to the gearbox input shaft, allowing the vehicle to transfer power from the engine to the wheels. When the clutch pedal is pressed, the friction plates disengage, halting power flow and allowing the driver to swap gears.

Automotive clutches are most commonly seen in automobiles with manual gearboxes, where precise control over gear shifting is necessary. They’re also employed in motorcycles, trucks, and other high-performance automobiles. With the growing demand for automated manual transmissions (AMTs) and dual-clutch transmissions (DCTs), clutches are improving to provide more efficient and smoother gear transfers. Future opportunities for automotive clutches include the development of more modern materials for increased durability and heat resistance, as well as the integration of electronic control systems to improve performance. The proliferation of hybrid and electric vehicles creates opportunities for clutch technology innovation, especially in terms of energy economy and adaptability to new powertrain architectures.

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How Will the Rising Demand for Commercial Vehicles Drive the Growth of the Automotive Clutch Market?

The growing demand for commercial vehicles is boosting the automotive clutch market. As the commercial vehicle industry grows, as demonstrated by a 2.7% increase in EU commercial vehicle registrations in 2022, there is a higher demand for dependable and long-lasting clutch systems to withstand the higher loads and frequent gear shifts associated with these vehicles. The increase in commercial vehicle registrations to 1.6 million units is driving up demand for heavy-duty clutches, which are essential for guaranteeing performance and endurance in challenging operational situations.

The shift to electric vehicles is fueling the expansion of the automotive clutch market. Despite the perception that electric vehicles will reduce the need for traditional clutches, the rise in electric car sales—6.6 million by 2021, according to the International Energy Agency (IEA)—is driving demand for specialized clutches in hybrid and electric vehicles with multi-speed transmissions. This transformation is driving innovation in clutch technology to address the specific needs of these vehicles, ensuring efficient power transfer and improving performance in an ever-changing automotive landscape.

The expanding vehicle manufacturing is driving the expansion of the automotive clutch market. According to the International Organization of Motor Vehicle Manufacturers (OICA), global motor vehicle production will reach 80.1 million units in 2021, up 3% from 2020. Demand for automotive clutches is increasing. This increase in vehicle production has a direct impact on the demand for dependable clutch systems, which are critical for maintaining efficient performance and durability across a wider range of cars, hence supporting market expansion.

How Do the Increasing Costs Affect the Growth of the Automotive Clutch Market?

Increased costs are projected to impede the expansion of the automotive clutch market. Rising raw material prices, particularly for metals and complex composites used in clutch manufacturing, can drive up production costs. Vehicle clutch prices may rise, potentially limiting demand as manufacturers and customers seek less expensive alternatives. Supply chain interruptions and inflationary pressures can put further strain on profit margins, making it more difficult for manufacturers to maintain competitive pricing, thus impeding market growth.

Rising fuel efficiency rules will most certainly have an impact on the automotive clutch market’s growth. As automakers work to fulfill higher fuel economy rules, they are progressively implementing technology such as automated manual transmissions (AMTs) and dual-clutch transmissions (DCTs) that enhance fuel efficiency while preserving performance. These complex transmission systems frequently necessitate specialized clutches, which increases demand for novel clutch technology. However, the transition to alternative drivetrains, such as electric vehicles, which do not require traditional clutches, may counterbalance part of this growth, resulting in a more complex influence on the entire industry.

Category-Wise Acumens

Will the Cost-Effectiveness Fuel the Dry Clutch Segment for the Automotive Clutch Market?

The dry clutch segment of the automotive clutch market is growing due to its cost-effectiveness. Dry clutches are often less expensive to build and maintain than wet clutches, making them an appealing option for both producers and consumers seeking cost-effective solutions. Their basic design, which does not require lubrication, lowers maintenance costs and increases fuel efficiency by limiting energy loss, adding to their attractiveness. Dry clutches are becoming more popular, especially in mass-market and economy automobiles, due to their low cost and adequate performance for various vehicle types.

Manual and automatic gearboxes are driving the dry clutch segment of the automotive clutch market. Dry clutches are often used in manual gearboxes because they are simple, inexpensive, and reliable, making them suitable for a wide range of automobiles. Furthermore, with developments in automatic transmissions, particularly automated manual transmissions (AMTs) and dual-clutch transmissions (DCTs), demand for dry clutches has surged due to improved performance and fuel efficiency in these systems. Dry clutches’ adaptability and cost benefits, paired with their efficacy in both manual and some types of automatic transmissions, are driving their acceptance across a wide range of vehicle categories.

Will the Lower Initial Costs Propel the Manual Transmission Segment for the Automotive Clutch Market?

Manual transmissions have consistently dominated the automotive market. Lower beginning costs are propelling the manual transmission segment of the automotive clutch industry. Manual transmissions are often less expensive to manufacture and acquire than automatic transmissions due to their simpler design, fewer components, and lack of complicated electronics or hydraulic systems. This cost advantage makes manual transmissions appealing to budget-conscious consumers and manufacturers trying to save production expenses. The lower beginning costs of manual transmissions promote demand for manual transmission clutches, particularly in economy and entry-level automobiles where affordability is a critical factor.

The demand for a more engaging and immersive driving experience is propelling the manual transmission segment of the automotive clutch market. Manual transmissions are frequently preferred by driving enthusiasts due to the greater control they provide over gear changes, resulting in a more hands-on and connected driving experience than automated transmissions. This driving engagement appeals to a specific group of consumers who value the expertise and satisfaction of using a manual transmission. Demand for manual transmission clutches remains high among those wanting a more engaging and joyful driving experience, ensuring the segment’s survival despite the general shift toward automated transmissions.

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Country/Region-wise Acumens

Will the Rapid Urbanization Lead the Asian Pacific Region for the Automotive Clutch Market?

Asia-Pacific has emerged as the leading market for automotive clutches. Rapid urbanization will drive Asia Pacific’s automotive clutch market. The region’s metropolitan population is expected to grow significantly, from 2.3 billion in 2019 to 3.5 billion by 2050, driving up demand for personal and public transit vehicles. This urban development, with cities predicted to house 60% of the world’s urban population by 2030, particularly in fast-developing countries such as China and India, drives the demand for additional vehicles. Increases in vehicle sales, such as the 26.28 million units reported in China in 2021, directly impact the need for automotive clutches, driving the market as more vehicles require both new clutch systems and replacements for existing ones.

Major automotive will drive the Asia Pacific automotive clutch market. The region’s huge production volume—46.7 million vehicles in 2021, with China, India, and Japan leading the way—creates a high demand for automotive components such as clutches. China’s position as the world’s largest automobile market, India’s expected automotive industry growth of $300 billion by 2026, and Japan’s significant vehicle production and export focus all contribute to this demand. The shift to electric and hybrid vehicles, which are expected to account for 4.8 million sales in the region by 2021, is driving clutch technology innovation. The strong presence of these producers not only sustains high demand but also promotes technological breakthroughs in clutches, boosting the market even further.

Will the Government Initiatives Expand the Automotive Clutch Market in the Middle East & Africa Region for?

The Middle East and Africa area is witnessing the fastest growth in the automotive clutch market. Government measures will drive the automotive clutch market in the Middle East and Africa. In the Middle East and Africa, strategic plans such as Morocco’s Plan d’Accélération Industrielle, Egypt’s Vision 2030, the UAE’s Vision 2021 and Abu Dhabi Economic Vision 2030, and South Africa’s Automotive Masterplan 2035 are significantly increasing automotive production and local component manufacturing. These activities involve boosting car production and improving local integration of automotive components, especially clutches. As these areas’ automotive sectors grow, they provide robust markets for automotive clutches, which benefits the region through increasing trade and technology exchange.

The Middle East and Africa’s emerging economies will drive the region’s automotive clutch market, and their rise will have an impact on the larger market. The World Bank and the African Development Bank report a strong economic boom, with MENA GDP expanding by 5.7% in 2022 and Africa’s GDP growing by 3.8%, which supports higher consumer spending power and vehicle demand. This increase in vehicle production and ownership not only boosts the current market but also creates future growth potential, which benefits the automotive clutch industry throughout the region.

Competitive Landscape

The automotive clutch market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.

The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the automotive clutch market include:

• Aisin Seiki Co., Ltd.
• BorgWarner, Inc.
• Eaton Corporation plc
• Exedy Corporation
• C. Co., Ltd.
• JK Technosoft Ltd.
• Magneti Marelli S.p.A.
• Mitsubishi Heavy Industries, Ltd.
• Robert Bosch GmbH
• Schaeffler AG

Latest Developments

• In November 2023, Honda’s revolutionary E-Clutch technology, which will be available as an optional feature on the 2024 CBR650R and CB650R, will provide precise clutch control for seamless gear shifting starting. Weighing under 2 kg, this unique system combines the best of quickshifters, manual clutches, and DCT technology. It removes the need for a clutch lever, enabling smooth gear changes and improving the sports riding experience.
• In February 2020, Z.F. Friedrichshafen AG (Z.F.) reported in the international market that it had completed the purchase of WABCO Holdings Inc. by acquiring all outstanding shares of WABCO for USD 136.50 per share in an all-cash transaction with an equity value of more than USD 7 billion. This global purchase is focused on the development of clutches, dampers, chassis components, and systems for automotive applications, as well as other related components.

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