This report provides exclusive insights into the COVID-19 impact on the Automotive Dual Clutch Transmission Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Automotive Dual Clutch Transmission Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Automotive Dual Clutch Transmission Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on the automotive dual clutch transmission market provides in-depth analysis of segments and sub-segments in the global as well as regional automotive dual clutch transmission market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional automotive dual clutch transmission market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global automotive dual clutch transmission market. According to the report, the global automotive dual clutch transmission market is projected to grow at a CAGR of 9.68% over the forecast period of 2019-2025.
Many of the high-class vehicles toady have a dual clutch transmission system in them. Whether it is the latest 2020 Chevrolet Corvette Stingray or the new BMW M3 and M4 or the new Bentley Continental GT, all of them come with the dual clutch transmission system. The dual clutch transmission is very efficient, with a relatively low number of mechanical components, fewer slipping elements than an automatic transmission and lower power consumption than a typical continuously variable transmission. The automotive dual clutch transmission market is consolidated in nature owing to a few number of market players having control over a large part of the market share.
The increase in demand for fuel efficiency and the better driving experience of the vehicles is the key factor driving the automotive dual clutch transmission market. Moreover, the growing awareness among the consumers regarding low carbon footprint technologies is expected to boost the automotive dual clutch transmission market. As the pollution levels due to emission have increased the government as well as the general population is alert about the environment protection and eco-friendly lifestyle. Furthermore, the high demand for the automatic manual transmission system is further propelling the automotive dual clutch transmission market. Expanding the working population and high disposable income have increased the demand for high-end variants of cars that have features including dual clutch transmission. 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.
In terms of region, 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. However, the Asia-Pacific market for automotive dual clutch transmission is anticipated to grow at the fastest rates.
The report on global automotive dual clutch transmission market covers segments such as clutch type, and vehicle type. On the basis of clutch type, the sub-markets include wet multiplate clutches, and dry single-plate clutches. On the basis of vehicle type, the sub-markets include passenger vehicle, and commercial vehicle.
The report provides profiles of the companies in the market such as BorgWarner Inc., ZF Friedrichshafen AG, Eaton Corporation Inc, Magna International Inc., Schaeffler Technologies AG & Co. KG, Continental AG, AVL List GmbH, Allison Transmission Inc., Fiat Powertrain Technologies, Aisin Seiki Co., Ltd., and Other Companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of automotive dual clutch transmission market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.