A recent market intelligence report that is published by Data Insights Partner on the global Dual Clutch Transmission Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Dual Clutch Transmission Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Dual Clutch Transmission Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Dual Clutch Transmission Market is offered. In accordance with the report, the global Dual Clutch Transmission Market is projected to expand at a CAGR of 4.4 % over the period of forecast.
Market Insight, Drivers, Restraints& Opportunity of the Market:
A Dual Clutch Transmission (DCT) is sometimes referred to as a double-clutch transmission, twin-clutch transmission or multi clutch transmission system. The dual clutch provides manual driving mode as well as automatic driving mode. The clutch used in dual clutch transmission is operated by computer controlled actuators and is a fast shifting transmission generally used in sports car.
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The computer controlled actuators engage one clutch, while disengaging the other, which allows for continuous power delivery while driving, thus minimizing the gear shift lag. This has led to growing demand for such high end and luxury vehicles. Consumers increasing preference for better and exhilarating driving experience and growing inclination towards sports car and sports activities is likely to boost the Dual Clutch Transmission market in the forecast period. Dual Clutch Transmission also helps in improving the fuel efficiency and power requirement. An increase in number of automobiles is expected globally which will be a key factor for an increase in demand for this market.
Increasing support of government initiatives proposed for use of Electric Vehicle and low diffusion of dual clutch transmission in high volume market may restrain the growth of this market in the forecast period. Also, lack of awareness amongst consumers and high cost involved may also hinder the growth of Dual Clutch Transmission market globally.
With an increase in number of automobile manufacturers, rising population and improved regulatory standards in countries like India, China & Japan, region in Asia Pacific is expected to grow at a considerable rate over the forecast period. Manufacturers are expanding their product portfolio to gain an edge and strengthen their foothold in this industry, by increasing their spending on research & development and new product development and innovation. For example: TREMEC announced the launch of TR9070 dual clutch transmission which would provide high performance and enhanced torque capacity. In 2019, Magna International Inc. also introduced dual clutch with 8 speed transmission for Ferrari to increase torque transfer and reduce emission and weight.
This market intelligence report on the global Dual Clutch Transmission Market encompasses market segments based on clutches, transmission, distribution channel, vehicle, and country/regions.
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In terms of clutches, the global Dual Clutch Transmission Market is segregated into :
- Dry Single Plate Clutches
- Wet Multi Plate Clutches
In terms of transmission, the global Dual Clutch Transmission Market is segregated into :
In terms of distribution channel, the global Dual Clutch Transmission Market is segregated into :
By vehicle, the global Dual Clutch Transmission Market is also classified into :
- Passenger Cars
ü Economy Car
ü Mid-size Car
ü Full-size Car
- Commercial Vehicle
ü Light Commercial Vehicle
ü Heavy Commercial Vehicle
- Sports Car
By country/region, the global Dual Clutch Transmission Market has been divided into :
- North America (the U.S., Canada),
- Latin America (Brazil, Mexico, Argentina and other countries),
- Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
- Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
- Middle East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as
- BorgWarner Inc.
- ZF Friedrichshafen AG
- Continental AG
- Allison Transmission
- Magna International Inc.
- Punch Powertrain Nanjing
- GKN Automotive
- Schaeffler Technologies AG & Co.
- Magneti Marelli
- FeV GmBH
- Volkswagen Group
- Kia Motor Corporation
- Ford Motor Company
- General Motors
- Aisin Seiki Co.
- Fiat Powertrain Technologies
- Jatco Ltd.
- Eaton Corporation and many more
Others players have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Dual Clutch Transmissionrelated investment & spending and developments by major players of the market are tracked in this global report.
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter's five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Ø This study offers comprehensive yet detailed analysis of the Dual Clutch TransmissionMarket, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Dual Clutch TransmissionMarket is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø Leading market players covered this report comprise names such as BorgWarner Inc., Getrag, ZF Friedrichshafen AG, Continental AG, Allison Tranmission, Magna International Inc., Valeo, Punch Powertrain Nanjing, GKN Automotive, Schaeffler Technologies, Magneti Marelli, FeV, Ricardo, Volswagen Group, Kia Motor Corporation, Ford Motor Company, General Motors, Aisin Seiki Co., AVL, Fiat Powertrain Technologies, Jatco Ltd, Eaton Corporation and many more.
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Dual Clutch TransmissionMarket caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Dual Clutch TransmissionMarket. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
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v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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