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Clutch Market Size, Share, Trends & Industry Growth Analysis Report to 2024-2032

The global clutch market size was evaluated at $11.45 billion in 2023 and is slated to hit $19.55 billion by the end of 2032 with a CAGR of nearly 6.12% between 2024 and 2032.

The study examines the factors that drive and restrain the automotive clutch market, as well as the effect these factors will have on demand throughout the forecast period.

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A clutch is a mechanical device that establishes a connection between the driving shaft and the shaft being driven, allowing the driver to initiate or terminate the driven shaft without requiring the driver to halt the driving shaft. The clutch facilitates a continuous linkage between the two shafts in motion.

The expanding innovation within the automotive sector has resulted in a substantial expansion of the global clutch market for automobiles. A clutch facilitates shaft movement, prevents transmission overload, enables a seamless start, and reduces the effect of torsional vibrations. The demand for fuel-efficient vehicles and stringent carbon emission regulations are substantial factors driving the expansion of the clutch market for automobiles on a global scale. Furthermore, it is expected that advancements in dual clutch transmission technology will further propel the worldwide clutch market for the automotive industry. It is anticipated that the increased availability of inexpensive manual transmission clutches relative to torque converters with automated transmission capabilities will further stimulate this worldwide market.

In addition, the market is anticipated to be further propelled during the forecast period due to the increasing demand for passenger vehicles in developing economies and the preference of consumers for more convenient modes of transmission. Increasing adoption of automatic transmission vehicles, on the other hand, could potentially impede the automotive clutch market.

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The Global Clutch Market is segmented based on product, application and region

Global Clutch Market: Product Segment Analysis

● Wet Clutch
● Dry Clutch

Global Clutch Market: Application Segment Analysis

● Commercial
● Passenger

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The global Clutch market profiles key players such as:

● Schaeffler AG
● Robert Bosch GmbH
● Secto Automotive
● Valeo
● BorgWarner Inc
● ZF Friedrichshafen AG
● F.C.C. Co., Ltd
● EXEDY Corporation
● FTE Automotive
● AMS Automotive

By region, Asia-Pacific is anticipated to account for a substantial portion of the global automotive clutch market. In the Asia-Pacific region, market demand is anticipated to increase significantly over the forecast period due to the substantial investments being made in the automotive industry by developing nations like China and India. In addition, the rising prevalence of automation and the improvement in living standards of individuals are factors propelling the clutch market for automobiles in the region.

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