Overview of the global automotive DCT system market
According to Technavio’s analysts, the global automotive DCT system market is anticipated to grow at a steady rate and will post a CAGR of close to 10% during the forecast period. The increasing demand for automatic manual transmission (AMT) system will drive the growth prospects for the global automotive DCT system market until the end of 2021. One of the major factors responsible for the growing preference for automatic transmission vehicles is the effortless driving and the congested stop-and-go driving conditions provided by AMT vehicles. It incorporates the technology that eliminates the use of clutches and gear-shifts to reduce the strain wielding on the driver. Also, several automakers are offering AMT gearbox in some of the entry level vehicles to meet the growing demand for automatic transmission vehicles.
The advancements in dual-clutch transmission (DCT) technology will increase the demand for cars equipped with automotive DCT systems and drive the growth prospects for the global automotive DCT system market for the next four years. For instance, modern DCT systems utilize advanced electronics in terms of software as well as components contained in the engine control unit (ECU).
Competitive landscape and key vendors
The global automotive DCT system market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. According to the industry research reports, these vendors are increasingly focusing on expanding their geographical reach and widen their customer base.
Key vendors in this market are -
- BorgWarner
- Eaton
- Schaeffler
- ZF
Other prominent vendors in the market include AVL and GETRAG.
Segmentation by vehicle type and analysis of the automotive DCT system market
- Passenger cars
- Commercial vehicles
The passenger cars segment accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. One of the major factors responsible for the market segment’s growth is the high penetration rate and demand for automatic and automated manual transmission gearboxes in passenger cars.
Segmentation by geography and analysis of the automotive DCT system market
In terms of geography, EMEA accounted for the majority market share during 2016 and will continue to dominate the market during the forecasted period. Some of the major factors compelling the growth of automated gearboxes in the region include advancements in automotive transmission technology, new marketing strategies, and changing driving dynamics.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global automotive dual-clutch transmission (DCT) system market?
- What are the key market trends impacting the growth of the global automotive dual-clutch transmission (DCT) system market?
- What are the challenges to market growth?
- Who are the key vendors in the global automotive dual-clutch transmission (DCT) system market?
- What are the market opportunities and threats faced by the vendors in the global automotive dual-clutch transmission (DCT) system market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global automotive dual-clutch transmission (DCT) system market?
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