Dry Clutch Market: Current Analysis and Forecast (2023-2030)

Report Description

Dry Clutch Market Size & Forecast

The Dry Clutch Market was valued at 5.21 billion in 2022 and is expected to grow at a steady rate of around 5.45 % in the forecasted period (2023-2030).

Dry Clutch Market Analysis

The Global Driver of the Dry Clutch Market is the increasing demand for two-wheelers, light commercial vehicles, and passenger cars worldwide. As populations grow and middle classes expand in emerging economies, people are increasingly opting for private transportation options such as motorcycles and cars. This has led to a rise in the production of these vehicles, creating a higher demand for clutch systems, which are essential components in powertrain systems. Moreover, there is a shift towards cleaner and more efficient vehicles, making fuel economy and environmental performance important considerations when designing vehicles. Dry clutches are known to offer better fuel economy than other types of clutches, which makes them an attractive option for OEMs looking to meet these regulatory requirements. In summary, the global drivers of the dry clutch market include rising demand for private transportation options, emphasis on fuel efficiency and environmental performance, presence of major clutch manufacturers, advancements in technology, and the growing popularity of high-performance vehicles and electric vehicle.

Some of the major players operating in the market are Schaeffler AG, BorgWarner Inc., Honeywell International Inc., DRiV Automotive Inc., TMD FRICTION HOLDINGS GMBH, ZF Friedrichshafen AG, AISIN CORPORATION, Carlisle Brake & Friction, JATCO Ltd, and VALEO. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Dry Clutch Market Trends

“Amongst design type, the shallow water segment held significant growth in the market in 2022.”

Based on design type, the market is segmented into single dry clutch and dual dry clutch. Amongst these, the dual dry clutch segment held a significant growth in the market in 2022 because the dual dry clutch system is commonly used in high-performance vehicles such as supercars and sports bikes, where the ability to shift gears quickly and smoothly is critical. As the demand for these types of vehicles continues to grow, so too will the demand for dual dry clutch systems.

“Amongst vehicle type, the commercial vehicle segment held a significant growth in the market. ’’       

Based on type, the market is segmented into passenger vehicle and commercial vehicle. Among these, the global commercial vehicle market is expected to grow significantly over the next few years due to increasing urbanization, industrialization, and infrastructure development. This growth creates a large market for clutch systems, particularly in emerging economies where the middle class is expanding rapidly. Additionally, Commercial vehicles are subject to strict regulatory requirements associated with low carbon emissions and improved fuel economy. Dry clutches can help meet these requirements, making them attractive options for OEMs looking to meet regulatory standards while also providing cost savings and improved performance.

“Europe held a significant growth in the dry clutch market in 2022.”

Europe has significant growth in the dry clutch market due to various reasons. One of the primary reasons is the increasing demand for high-performance motorcycles and sports cars in the region. These vehicles require advanced clutch systems that can handle high torque loads and provide precise gear changes, making dry clutches an attractive option. Additionally, Europe has strict emissions standards, which make fuel efficiency and environmental performance important considerations when designing vehicles. Dry clutches are known to offer better fuel economy compared to other types of clutches, which makes them more attractive to OEMs looking to meet these regulatory requirements. Furthermore, Europe has a well-established automotive industry with many major manufacturers, including BMW, Audi, Mercedes-Benz, and Porsche. These companies invest heavily in research and development, leading to advancements in technology and materials that improve the performance and durability of dry clutches. Finally, the growing popularity of electric vehicles in Europe is expected to drive the demand for dry clutches as they are used in the transmission systems of some hybrid electric vehicles. The European Union’s push towards reducing carbon emissions and promoting renewable energy will further accelerate this trend. Therefore, all these factors combined contribute to the significant growth of the dry clutch market in Europe.

Dry Clutch Market Report Coverage

Reasons to buy this report:

• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

Customization Options:

The Global Dry Clutch Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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Research Methodology

Research Methodology for the Dry Clutch Market Analysis (2022-2030)

Analyzing the historical market, estimating the current market, and forecasting the future market of the global dry clutch market were the three major steps undertaken to create and analyze the adoption of dry clutch in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global dry clutch market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the dry clutch market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the dry clutch market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as design type and vehicle type. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the dry clutch market. Further, we conducted factor analysis using dependent and independent variables such as increasing vehicle productions.A thorough analysis was conducted of demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the dry clutch market sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global dry clutch market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

• The industry’s market size, in terms of revenue (USD) and the adoption rate of the dry clutch market across the major markets domestically
• All percentage shares, splits, and breakdowns of market segments and sub-segments
• Key players in the global dry clutch market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market.

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global dry clutch market. data was split into several segments & sub-segments after studying various parameters and trends in the areas of vehicle type and technology in the global dry clutch market.

The main objective of the Global Dry Clutch Market Study

The current & future market trends of the global dry clutch market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:

• Analyze the current and forecast market size of the dry clutch market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments.
• Segments in the study include areas of the as design type and vehicle type.
• Define and analyze the regulatory framework for the dry clutch
• Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
• Analyze the current and forecast market size of the dry clutch market for the major region.
• Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World
• Company profiles of the dry clutch market and the growth strategies adopted by the market players to sustain in the fast-growing market.
• Deep dive regional level analysis of the industry

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