The Infinium Global Research analyzes the Automotive Dual Clutch Transmission Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global automotive dual clutch transmission market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of automotive dual clutch transmission. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the automotive dual clutch transmission market during the period. The global automotive dual clutch transmission market is projected to grow at a CAGR of 9.68% over the forecast period of 2019-2025.
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Increase in Demand for Fuel Efficiency and Better Driving Experience of the Vehicles is the Key Factor Driving the Automotive Dual Clutch Transmission Market
The increase in demand for fuel efficiency and better driving experience of the vehicles is the key factor driving the automotive dual clutch transmission market. Moreover, the growing awareness among consumers regarding low carbon footprint technologies is expected to boost the automotive dual clutch transmission market. Furthermore, the high demand for automatic manual transmission (AMT) system is further propelling the automotive dual clutch transmission market.
However, the high implementation cost of DCT is the major factor hampering the growth of the automotive dual clutch transmission market. Additionally, the growing demand for hybrid vehicles is expected to provide opportunities for automotive dual clutch transmission suppliers in the future.
Automotive Dual Clutch Transmission Market: Segmentation
The automotive dual clutch transmission market is segmented by the clutch type and vehicle type. The clutch type of automotive dual clutch transmission is categorized into wet multiplate clutches and dry single-plate clutches. The wet multiplate clutches segment among the clutch type dominated the market owing to their high thermal robustness and high-end shift quality due to due to low friction and heat dissipation. The vehicle type of the automotive dual clutch transmission market includes passenger vehicle and commercial vehicle. Among the vehicle type, the passenger vehicles segment accounted for the largest market share owing to the high penetration rate and demand for automatic and automated transmission in passenger cars.
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Automotive Dual Clutch Transmission Market in Europe Generates the Highest Revenue
Region-wise, the automotive dual clutch transmission market in Europe generates the highest revenue. The automotive dual clutch transmission market in this region holds a large amount of share of the global market. The domination of the Europe region in the automotive dual clutch transmission market attributes to the stable economic conditions, high per capita income, and low bank interest rates. Moreover, an increase in demand for passenger vehicles and light commercial vehicles is expected to boost the growth of the automotive dual clutch transmission market in Europe.
Automotive Dual Clutch Transmission Market: Competitive Analysis
Majority of the automakers including Volkswagen, Toyota Motor Corporation, Ford Motor Company, General Motors Company, Groupe Renault and others have dual clutch transmission system in their vehicles. The dual clutch transmission system is an innovative system that improves the performance of the vehicle. The automotive dual clutch transmission market is consolidated in nature owing to a few numbers of market players having control over a large part of the market share. The key players in the market including BorgWarner Inc., ZF Friedrichshafen AG, Eaton Corporation Inc, Magna International Inc., Schaeffler Technologies AG & Co. KG, Continental AG and others are focusing on product innovation along with strategic acquisition as growth strategies to maintain their position in the market.
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the automotive dual clutch transmission.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
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