Dual Clutch Transmission Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

Dual clutch transmission market is anticipated to grow at a significant CAGR of 5.1 % during the forecast. Rising awareness of low carbon footprint technologies is expected to grow the dual clutch transmission market. Dual clutch transmission systems are effectively improving driver’s experience and are effective for people who are living in congested and unfavorable tracks. Government across the countries is pushing manufacturers to develop fuel-efficient dual clutches. Additionally, the Government in different countries are taking initiatives and focusing on integrating fuel-efficient technologies into their vehicles to meet climate deadlines and obligations. For instance, in November 2021, the UK Government collaborated with International Energy Agency (IEA) catering to develop automotive products that are more energy efficient to prevent environmental degration. Due to increasing public awareness of environmental issues, the supplier invests in greening efforts to provide raw materials for fuel-efficient cars. Moreover, the car manufacturer improves the level of fuel-efficient technology and the greening efforts of the supplier are increased. Additionally, the amount of fuel consumption in the internal market is reduced and the fuel manufacturer can export more fuel to the external market.

The global dual clutch transmission market is segmented based on the clutches, transmission, vehicle type, and distribution channel. Based on clutches, the market is bifurcated into dry and wet clutches. Based on transmission, the market is divided into ICE and hybrid. Based on vehicle type, the market is sub-segmented into passengers cars, commercial vehicles, and sports cars. Based on distribution channels, the market is augmented into OEM and aftermarket. Among all segments, the ICE segment is expected to grow the dual clutch transmission market during the forecast of 2021-2027. The adoption of Internal combustion engines (ICE) in hybrid vehicles, as well as in existing and new vehicles sales, is expected to give healthy growth to the dual clutch transmission market.

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Dual Clutch Transmission Market Segmentation

By Clutches

·        Dry 

·        Wet 

 By Transmission

·        Internal Combustion Engine (ICE)

·        Hybrid 

By Vehicle Type

·        Passenger Car

·        Commercial Vehicle 

·        Sports Car

By Distribution Channel

·        Original Equipment Manufacturer (OEM)

·        Aftermarket 

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Regional Analysis

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

Company Profiles 

·        Aisin Corp.

·        Allison Transmission Inc.

·        BorgWarner Inc.

·        Eaton Corp. PLC

·        Getrag Corp.

·        Gkn Automotive

·        JATCO Ltd.(Japan Automatic Transmission CO.)

·        Lumax Technologies Ltd.

·        Magneti Marelli S.p.A

·        Punch Powertrain NV

·        Schaefflar AG

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