Press release
Dual-Clutch Transmission Market Worth US$ 52.1 Billion by 2033 | Future Market Insights, Inc.
The dual-clutch transmission market is likely to thrive at a CAGR of 9.8% during the forecast period. The market is anticipated to cross a market share of US$ 52.1 billion by 2033, while it holds a revenue of US$ 20.4 billion in 2023.
- The market demand for dual clutch transmission rises with the companies adopting the latest pair of transmissions to be implemented in the passenger as well as the high-performance vehicles.
- Governments are building their automotive industry while also expanding the research and development programs for smoother, faster, and more efficient mobility. This fuels the sales of dual-clutch transmissions.
- The higher per capita income, along with the increased availability of passenger vehicles at reasonable prices, have pushed end users to rush to grab hands on the steering. Thus, advanced transmission systems such as dual-clutch systems help in making the vehicle more premium.
- Authorities in some parts of the world make this type of transmission mandatory as it saves fuel and enhances the sustainability of automobiles.
Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-428
Key Points
The US market for dual-clutch transmission holds the biggest market share and is expected to cross the biggest anticipated values of US$ 35500 Mn by 2033. The growth rate is rising for the US market as the market thrived at a lower CAGR of 7.1% between 2017 and 2022.
The Indian market for dual-clutch transmission thrives at the highest CAGR of 26.5% during the forecast period while expecting revenue of US$ 18895.05 million by 2033. The regional market thrived at a slightly lower CAGR of 23.6% during the previous forecast period.
The research report of FMI states that the dry clutch segment continues to lead the product type category with a CAGR of 9.1% between 2023 and 2033.
Based on vehicle type, the passenger vehicles segment thrived at a CAGR of 9.6% between 2023 and 2033, while the segment flourished at a higher CAGR of 10.0% between 2017 and 2022.
Request for Customization: https://www.futuremarketinsights.com/customization-available/rep-gb-428
Competitive Landscape
Companies operating in the dual-clutch transmission market are focusing on building trust and reliability between the technology provided and the end user. The lower chances of gearbox damage, faster gear shifts, and increased acceleration are some of the factors that transform the market dynamics. Thus, the user's comfort, trust, and experience come first, while higher penetration ensured through MoU also helps in making the market competition tight and performative.
Key players in the market are ZF Friedrichshafen AG, Getrag, BorgWarner Inc., Eaton, GKN Driveline, and Continental.
Recent Market Developments
Indian tier-1 manufacturers of the automotive component have developed indigenously built automated manual transmission and dual-clutch transmission. These systems are likely to be a part of the upcoming TATA motors.
Magna International has secured business for the installation of next-generation hybrid dual-clutch transmission (HDT) and DCT with the launching in 2025 with Mercedes-Benz.
Ask the Analyst: https://www.futuremarketinsights.com/ask-question/rep-gb-428
Dual-clutch transmission Market by Category
By Vehicle Type:
Passenger Vehicles
Commercial Vehicles
By Product Type:
Dry Clutch
Wet Clutch
By Region:
North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa (MEA)
Explore FMI's Extensive Ongoing Coverage on Automotive Domain
Aircraft Generators Market: https://www.futuremarketinsights.com/reports/aircraft-generators-market
Fifth Wheel Coupling Market: https://www.futuremarketinsights.com/reports/automotive-fifth-wheel-coupling-market
Emission Control Catalyst Market: https://www.futuremarketinsights.com/reports/global-emission-control-catalyst-market
Contact:
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
- The market demand for dual clutch transmission rises with the companies adopting the latest pair of transmissions to be implemented in the passenger as well as the high-performance vehicles.
- Governments are building their automotive industry while also expanding the research and development programs for smoother, faster, and more efficient mobility. This fuels the sales of dual-clutch transmissions.
- The higher per capita income, along with the increased availability of passenger vehicles at reasonable prices, have pushed end users to rush to grab hands on the steering. Thus, advanced transmission systems such as dual-clutch systems help in making the vehicle more premium.
- Authorities in some parts of the world make this type of transmission mandatory as it saves fuel and enhances the sustainability of automobiles.
Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-428
Key Points
The US market for dual-clutch transmission holds the biggest market share and is expected to cross the biggest anticipated values of US$ 35500 Mn by 2033. The growth rate is rising for the US market as the market thrived at a lower CAGR of 7.1% between 2017 and 2022.
The Indian market for dual-clutch transmission thrives at the highest CAGR of 26.5% during the forecast period while expecting revenue of US$ 18895.05 million by 2033. The regional market thrived at a slightly lower CAGR of 23.6% during the previous forecast period.
The research report of FMI states that the dry clutch segment continues to lead the product type category with a CAGR of 9.1% between 2023 and 2033.
Based on vehicle type, the passenger vehicles segment thrived at a CAGR of 9.6% between 2023 and 2033, while the segment flourished at a higher CAGR of 10.0% between 2017 and 2022.
Request for Customization: https://www.futuremarketinsights.com/customization-available/rep-gb-428
Competitive Landscape
Companies operating in the dual-clutch transmission market are focusing on building trust and reliability between the technology provided and the end user. The lower chances of gearbox damage, faster gear shifts, and increased acceleration are some of the factors that transform the market dynamics. Thus, the user's comfort, trust, and experience come first, while higher penetration ensured through MoU also helps in making the market competition tight and performative.
Key players in the market are ZF Friedrichshafen AG, Getrag, BorgWarner Inc., Eaton, GKN Driveline, and Continental.
Recent Market Developments
Indian tier-1 manufacturers of the automotive component have developed indigenously built automated manual transmission and dual-clutch transmission. These systems are likely to be a part of the upcoming TATA motors.
Magna International has secured business for the installation of next-generation hybrid dual-clutch transmission (HDT) and DCT with the launching in 2025 with Mercedes-Benz.
Ask the Analyst: https://www.futuremarketinsights.com/ask-question/rep-gb-428
Dual-clutch transmission Market by Category
By Vehicle Type:
Passenger Vehicles
Commercial Vehicles
By Product Type:
Dry Clutch
Wet Clutch
By Region:
North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa (MEA)
Explore FMI's Extensive Ongoing Coverage on Automotive Domain
Aircraft Generators Market: https://www.futuremarketinsights.com/reports/aircraft-generators-market
Fifth Wheel Coupling Market: https://www.futuremarketinsights.com/reports/automotive-fifth-wheel-coupling-market
Emission Control Catalyst Market: https://www.futuremarketinsights.com/reports/global-emission-control-catalyst-market
Contact:
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
