Dual Clutch Transmission Market
Dual Clutch Transmission Market Global Industry Assessment & Forecast
Segments Covered
- By Clutches Dry, Wet
- By Transmission ICE, Hybrid
- By Vehicle Type Passenger Car, Commercial Vehicle, Sports Car
- By OEM, Aftermarket
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 27.74 Billion |
Revenue 2028: | 41.36 Billion |
Revenue CAGR (2021 - 2028): | 5.10% |
Fastest Growing Region (2022 - 2028) | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Clutches Analysis: Preview On the basis of Clutches,
the market is segmented into Dry, Wet. Dry held the
leading share in 2020 and is anticipated to grow at a noteworthy CAGR over the
forecast timespan. This is due to the increasing adoption of Dry
in emerging economies in Asia Pacific region. Transmission
Analysis: Preview
Based on Transmission,
the market is segmented into ICE, Hybrid. ICE accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Dual Clutch Transmission Market: Clutches Segment Analysis
-
- Dry
- Wet
Global Dual Clutch Transmission Market: Transmission Segment Analysis
-
- ICE
- Hybrid
Global Dual Clutch Transmission Market: Vehicle Type Segment Analysis
-
- Passenger Car
- Commercial Vehicle
- Sports Car
Global Dual Clutch Transmission Market: Segment Analysis
-
- OEM
- Aftermarket
FAQ
Frequently Asked Question
What is the global demand for Dual Clutch Transmission in terms of revenue?
-
The global Dual Clutch Transmission valued at 27.74 Billion in 2020 and is expected to reach 41.36 Billion in 2028 growing at a CAGR of 5.10%%.
Which are the prominent players in the market?
-
The prominent players in the market are Oerlikon Graziano, BYD AUTO, Getrag, ZF, Schaeffler, Ricardo, EATON, Volkswagen,BorgWarner..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.10%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Dual Clutch Transmission include
- The rising vehicle sale and manufacturing across the globe is anticipated to augment the growth of the dual-clutch transmission market during the forecast period. This is owing to the rapid urbanization, industrialization, rising disposable income of the consumers, and advancement of technologies. Furthermore, the adoption of personal vehicles has also increased the global sales and production of automobiles which is in turn expected to support the growth of the dual-clutch transmission market in the forecast period.
- The increasing demand for fuel efficient vehicles is anticipated to augment the growth of the dual-clutch transmission market during the forecast period. DCTs tend to provide better fuel economy than automatic transmissions and smoother performance than manual transmissions and AMTs. Furthermore, the DCTs also shift smoothly with a high-degree of precision and have often been preferred in the arena of performance driving. These features have led the automobile companies to invest extensively in these systems. Furthermore, the increase in demand for high end and luxury vehicles is also driving the demand for the dual-clutch transmission market.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Dual Clutch Transmission in 2020.