Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global Automotive Clutch Disk Market Size is Expected to Grow from USD 8.75 Billion in 2023 to USD 13.35 Billion by 2033, Growing at a CAGR of 4.32% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Automotive Clutch Disk Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Friction Clutch Disk, Wet Clutch Disk, Dry Clutch Disk), By Material Type (Organic, Ceramic, Kevlar, Others), By Sales Channel (OEM, Aftermarket), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, And Africa), Analysis And Forecast 2023 - 2033
The worldwide automotive clutch disk market refers to the industry concerned with the fabrication, sales, and delivery of clutch disks, which are a crucial element of an automobile's gearbox system. Smooth gear shifting and effective power transfer are rendered achievable via these disks, which are essential for turning on and off engine power from the mechanism. Furthermore, a key driver in the market expansion is the aftermarket market for substitution and replacement services. Moreover, developments in automotive technology, the increasing need for fuel-efficient automobiles, and the popularity of electric and hybrid vehicles are some of the factors that influence the market growth. However, the market growth faces several obstacles, like economic uncertainty, fluctuation in raw material prices, and alternative substitutes.
The friction clutch disk segment held the highest share of the global automotive clutch disk market in 2023 and is anticipated to grow at a notable CAGR over the forecast period.
On the basis of the product type, the global automotive clutch disk market is differentiated into friction clutch disk, wet clutch disk, and dry clutch disk. Among these, the friction clutch disk segment held the highest share of the global automotive clutch disk market in 2023 and is anticipated to grow at a notable CAGR over the forecast period. This is because of their cost-effectiveness and efficient performance, and they provide smooth gear shifts. Moreover, with advancements in friction materials, such as organic and ceramic compositions, the performance and durability make them a preferred choice for many manufacturers, which exceeds the market growth.
The Kevlar segment held a significant share of the global automotive clutch disk market in 2023 and is anticipated to grow at a rapid pace over the forecast period.
On the basis of material type, the global automotive clutch disk market is categorized into organic, ceramic, Kevlar, and others. Among these, the Kevlar segment held a significant share of the global automotive clutch disk market in 2023 and is anticipated to grow at a rapid pace over the forecast period. This is because of their exceptional durability and reliability, excellent performance having synthetic fiber, and exceptional wear and thermal resistance. Moreover, it provides long-lasting performance and lessens the need for frequent repairs that making preferable choice and reducing the consumer budget calculations.
The OEM segment accounted for the largest share of the global automotive clutch disk market in 2023 and is anticipated to grow at a significant CAGR over the forecast period.
On the basis of the sales channel, the global automotive clutch disk market is segmented into OEM and aftermarket. Among these, the OEM segment accounted for the largest share of the global automotive clutch disk market in 2023 and is anticipated to grow at a significant CAGR over the forecast period. This is due to the need for guaranteed adherence to safety regulations and performance specifications. Moreover, the adoption of sophisticated technology accelerates the segment growth.
Asia Pacific is projected to hold the largest share of the global automotive clutch disk market over the forecast period.
Asia Pacific is expected to hold the greatest share of the global automotive clutch disk market over the forecast period. The regional market is propelling due to the existence of top automobile manufacturers and an increasing need for both passenger and commercial vehicles due rising need for logistics and high financial freedom among the regional consumers. Moreover, the regional market for automobile clutch disks is centered in China, India, and Japan, with their strong infrastructure of the automotive industry. The local market is growing as a result of growing emphasis on strict safety requirements and rules, and growing customer awareness of vehicle safety.
North America is anticipated to grow at the fastest CAGR of the global automotive clutch disk market over the forecast period. The market's expansion throughout the region is further accelerated due to advancements in technology and proficiency in the automotive industry. Further, the auto business is expanding due to the presence of top automakers and this region. Moreover, a robust automobile manufacturing base, especially in nations like Germany, France, and the United Kingdom, boosts the regional market.
Company Profiling
Major vendors in the global automotive clutch disk market are ZF Friedrichshafen AG, Schaeffler AG, BorgWarner Inc., Aisin Seiki Co., Ltd., Exedy Corporation, F.C.C. Co., Ltd., Eaton Corporation, Clutch Auto Limited, Setco Automotive Limited, Schaeffler India Limited, Valeo India Private Limited, Luk India Private Limited, Makino Auto Industries Pvt. Ltd., Raicam Clutch Limited, NSK Ltd., Nexteer Automotive, Magna International Inc., Mitsubishi Electric Corporation, Hitachi Automotive Systems Ltd., and others.
Key Target Audience
Recent Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global automotive clutch disk market based on the below-mentioned segments:
Global Automotive Clutch Disk Market, By Product Type
Global Automotive Clutch Disk Market, By Material Type
Global Automotive Clutch Disk Market, By Sales Channel
Global Automotive Clutch Disk Market, By Regional
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