Global Automotive Clutch Market Overview:
An Automotive Clutch is used to connect or disconnect the engine and manual transmission or transaxle. The clutch is a mechanism to disconnect the flow of power to the transmission during changing the gear. It is located between the back of the engine and the front of the transmission. Growing consumer preference for semi-automatic and fully-automatic transmission systems is expected to have a positive impact on the automotive clutch market. According to AMA, the Global Automotive Clutch market is expected to see growth rate of 5.7%
- Increasing Production Volume of Passenger Cars
- Replacement of Manual Clutch by Torque Convertor in Automatic Transmission Systems May Hamper the Market
- A Rise in Demand for Passenger Vehicles Owing To Increased Income and Urbanization
Some of the key players profiled in the report are Robert Bosch (Germany), AMS Automotive (United States), ZF Friedrichshafen AG (Germany), BorgWarner Inc. (United States), EXEDY Corporation (Japan), Schaeffler AG (Germany), Eaton Corporation Plc. (Ireland), FCC Co. Ltd. (Japan), Aisin Seiki Co. Ltd. (Japan) and Macas Automotive (India). Additionally, following companies can also be profiled that are part of our coverage like Luk Clutch Systems (United States), Clutch Auto Ltd. (India), NSK Ltd. (India), MK Auto (India), Valeo Service (France), McLeod Racing (United States) and SPEC., Inc. (United States). Analyst at AdvanceMarketAnalytics see United States Vendors to retain maximum share of Global Automotive Clutch market by 2024. Considering Market by Vehicle Type, the sub-segment i.e. Passenger Cars will boost the Automotive Clutch market. Considering Market by Transmission Type, the sub-segment i.e. Manual Transmission will boost the Automotive Clutch market.
In October 2017, Valeo acquired FTE Automotive, a German company specialized in automotive clutch and transmission systems. It has particularly deep expertise in electric actuators used in automatic, dual-clutch and semi-automatic transmissions. With the acquisition of FTE Automotive, Valeo is extending its offering in a strategic high-growth market largely driven by surging demand for vehicles fitted with automatic transmissions as well as for hybrid and electric vehicles.
In July 2018, EXEDY Clutch Europe signed a sales partnership agreement with New Zealand Company, Dodson Motorsport aimed at delivering greater energy transfer efficiency to European drivers of high-performance vehicles. Under the agreement, EXEDY distributed Dodson high-performance transmission components into 53 countries in Europe and adjacent markets. Under the agreement, EXEDY and Dodson funded a team of experienced automotive transmission salespeople with deep experience and top-level connections across the high-performance vehicle sector.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Automotive Clutch market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Automotive Clutch market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Automotive Clutch Manufacturer, Automotive Clutch Distributor & Supplier, Automotive Clutch End-User, Automotive Clutch Downstream Vendors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.