Automotive Transmission and Clutch Technologies Market Trends and Analysis by Technology, Companies and Forecast to 2028
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Automotive Transmission and Clutch Technologies Market Report Overview
The automotive transmission and clutch technologies market was valued at 172.9 million units. The market will grow at a CAGR of more than 2% during 2023-2028. Benefits offered by the automatic transmission such as smooth driving for all drivers ensure the growth of the market. The APAC region had a significant share of the automotive transmission and clutch technologies market in 2023.
Automotive Transmission and Clutch Technologies Market Outlook, 2023-2028 (Million Units)
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The automotive transmission and clutch technologies market research report provides a comprehensive overview of the global automotive transmission and clutch technologies sector including an analysis of the current sector scenario regarding the future outlook in terms of key trends and drivers. The report also provides a detailed overview of technological developments and innovations, PESTER analysis, deep-dive analysis of the global market covering volume growth, regional overview, and leading component suppliers at a global and regional level. It also analyzes the recent product innovations and key strategic initiatives taken by the companies and provides an overview of patent filings in the sector across regions, countries, and top applicants.
Market Size (2023) | 172.9 million units |
CAGR (2023-2028) | >2% |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Key Sectors | Clutches-Automatic, Clutches-Manual, OE Automatic Transmissions, and OE Manual Transmissions |
Key Regions | Asia-Pacific, Europe, North America, South America, and MEA |
Key Companies | Suzuki, Force, Aisin, ZF Friedrichshafen, Jatco, and Toyota |
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Automotive Transmission and Clutch Technologies Market Trends
The major trend driving the automotive transmission and clutch technologies market is increasing demand for fuel-efficient and high-performance vehicles. One of the key technologies in the automotive transmission market is the continuously variable transmissions. This type of transmission uses a belt or chain to change the gear ratio, allowing for infinite variability between the highest and lowest ratios.
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Automotive Transmission and Clutch Technologies Market Segmentation by Regions
Asia-Pacific is leading the automotive transmission and clutch technologies market in 2023.
The key regions in the automotive transmission and clutch technologies market are Asia-Pacific, Europe, North America, South America, and MEA. Asian countries are at the forefront of electric transmission and dedicated hybrid transmission adoption which in turn drives the demand for transmission and clutches sector. Factors such as economic expansion; technological advancements; and evolving consumer preferences drive market growth in the region.
Automotive Transmission and Clutch Technologies Market Analysis by Regions, 2023 (%)
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Automotive Transmission and Clutch Technologies Market - Competitive Landscape
Suzuki led the global automated manual transmission market in 2021, followed by Force.
The top companies operating in the automotive transmission and clutch technologies market are:
- Suzuki
- Force
- Fiat
- Tata Motors
- Aisin
- ZF Friedrichshafen
Suzuki has developed a new twin clutch automatic gearbox and added it to the European version of the Suzuki S-Cross. The twin clutch transmission is completely designed by Suzuki in-house and is also the first such transmission by the company. Moreover, Suzuki Motor Corporation has signed a joint development agreement with Inmotive Inc. for the development of a 2-speed EV transmission for a future Suzuki electric vehicle.
Automated Manual Transmission Market Analysis by Companies, 2021 (%)
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Automotive Transmission and Clutch Technologies Market Segmentation by Sectors
In 2023, OE automatic transmissions and automatic clutches have an equal market share
The key sectors in the automotive transmission and clutch technologies market are clutches-automatic, clutches-manual, OE automatic transmissions, and OE manual transmissions, among others.
Automotive Transmission and Clutch Technologies Market Analysis by Sectors, 2023 (%)
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Automotive Transmission and Clutch Technologies Market - Latest Developments
A few of the lastest developments in the automotive transmission and clutch technologies industry are:
- October 2023: Important leaders in the Polish defence sector have collaborated with Allison Transmission Ghrupa Zbrojeniowa and Allison Transmission to sign a memorandum of understanding (MOU).
- September 2023: ADC Energy USA and NASA have collaborated to release a validation of alternating direct current (ADC), an AI-enabled technology that is a new means of energy transfer.
Segments Covered in the Report
Automotive Transmission and Clutch Technologies Sector Outlook (Value, Million Units, 2018-2028)
- Clutches-Automatic
- Clutches-Manual
- OE Automatic Transmissions
- OE Manual Transmissions
Automotive Transmission and Clutch Technologies Regional Outlook (Value, Million Units, 2018-2028)
- Asia-Pacific
- Europe
- North America
- South America
- MEA
Scope
It includes an analysis of the following –
- Trends & Drivers: Provides an overview of current sector scenario regarding the future outlook in terms of key trends and drivers of the sector.
- Technological Developments: Provides a detailed overview of technological developments and innovations in the sector.
- PESTER Analysis: Provides a detailed understanding of various factors such as political, economic, social, technological, environmental, and regulatory impacting the sector.
- Sector Forecast: Provides deep-dive analysis of the global market covering volume growth during 2018–2028, and spot estimates for 2023 and 2028. The analysis also covers regional overview across four regions-Asia-Pacific, Europe, North America, and South America, and MEA-highlighting sector size, and growth drivers for the region.
- Competitive Landscape: Provides an overview of leading component suppliers at a global and regional level, besides analyzing the recent product innovations and key strategic initiatives taken by the companies.
- Patent Analysis: Provides an overview of patent filings in the sector across regions, countries, and top applicants.
Reasons to Buy
- The report provides OEMs and component suppliers’ latest information on market evolution to help formulate sales and marketing strategies.
- The report provides its readers with up-to-date information and analysis to uncover emerging opportunities for growth within the sector.
- The report analyzes regions and competitive landscape that can help companies gain insight into the region-specific nuances.
- The report assesses the key trends that drive customer choice and the future opportunities that can be explored in the region. Actionable insights on trends can help companies in revenue expansion.
- The report helps gain competitive intelligence about leading component suppliers in the region with information about their market share and growth rates.
Hyundai
Volkswagen
ZF Friedrichshafen
Toyota.
Table of Contents
Table
Figures
Frequently asked questions
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What was the automotive transmission and clutch technologies market size in 2023?
The transmission and clutch technologies market was estimated at 172.9 million units in 2023.
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What will the growth rate of the automotive transmission and clutch technologies market be during 2023-2028?
The transmission and clutch technologies market will grow at a CAGR of more than 2% during 2023-2028.
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Which was the leading sector in the automotive transmission and clutch technologies market?
OE automatic transmissions and automatic clutches were the leading sectors in the automotive transmission and clutch technologies market in 2023.
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Which was the leading region in the automotive transmission and clutch technologies market?
Asia-Pacific was the leading region in the automotive transmission and clutch technologies market in 2023.
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Who are the key players operating in the automotive transmission and clutch technologies market?
The top companies operating in the automotive transmission and clutch technologies market are Suzuki, Force, Aisin, ZF Friedrichshafen, Jatco, and Toyota, among others.
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