The latest report on Automotive Dual Clutch Transmission Market by Infinium Global Research gives complete coverage of the Automotive Dual Clutch Transmission Market by type (wet multiplate clutches, and dry single-plate clutches), vehicle type (passenger vehicle, and commercial vehicle) in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and applications trends in the regional markets of Automotive Dual Clutch Transmission such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
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Better Driving Experience of The Vehicles Is the Key Factor Driving The Automotive Dual Clutch Transmission Industry
Many of the high-class vehicles toady have a dual clutch transmission system in them. Whether it is the latest 2020 Chevrolet Corvette Stingray or the new BMW M3 and M4 or the new Bentley Continental GT, all of them come with the dual clutch transmission system. The dual clutch transmission is very efficient, with a relatively low number of mechanical components, fewer slipping elements than an automatic transmission and lower power consumption than a typical continuously variable transmission. The automotive dual clutch transmission market is consolidated in nature owing to a few number of market players having control over a large part of the market share.
The increase in demand for fuel efficiency and the better driving experience of the vehicles is the key factor driving the automotive dual clutch transmission market. Moreover, the growing awareness among the consumers regarding low carbon footprint technologies is expected to boost the automotive dual clutch transmission market. As the pollution levels due to emission have increased the government as well as the general population is alert about the environment protection and eco-friendly lifestyle.
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The Growing Demand for Hybrid Vehicles Is Expected to Provide Opportunities For Automotive Dual Clutch Transmission Suppliers In The Future.
Furthermore, the high demand for the automatic manual transmission system is further propelling the automotive dual clutch transmission market. Expanding the working population and high disposable income have increased the demand for high-end variants of cars that have features including dual clutch transmission. However, the high implementation cost of DCT is the major factor hampering the growth of the automotive dual clutch transmission market. Additionally, the growing demand for hybrid vehicles is expected to provide opportunities for automotive dual clutch transmission suppliers in the future.
In terms of region, the automotive dual clutch transmission market in Europe generates the highest revenue. The automotive dual clutch transmission market in this region holds a large amount of share of the global market. The domination of the Europe region in the automotive dual clutch transmission market attributes to the stable economic conditions, high per capita income, and low bank interest rates. Moreover, an increase in demand for passenger vehicles and light commercial vehicles is expected to boost the growth of the automotive dual clutch transmission market in Europe. However, the Asia-Pacific market for automotive dual clutch transmission is anticipated to grow at the fastest rates.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Automotive Dual Clutch Transmission.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.