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The automotive clutch actuator market size is estimated to grow at a CAGR of 11.68% between 2023 and 2028. The market size is forecast to increase by USD 7,601.28 million. The growth of the market depends on several factors such as the rise in demand for automatic transmission systems, the increasing adoption of DCTs, and the growing demand for premium and high-performance vehicles.
This automotive clutch actuator market report extensively covers market segmentation by application (passenger cars and commercial vehicles), type (mechanical and hydraulic), and geography (North America, APAC, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018 - 2022.
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Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
One of the key factors driving the automotive clutch actuator market growth is the growing demand for premium and high-performance vehicles. There is a growing demand for premium and high-performance vehicles in the global automotive clutch actuator market. In addition, several factors, including consumer preferences for enhanced driving experiences, technological advancements, and the pursuit of superior vehicle performance, fuel this trend.
Moreover, the increasing demand for these vehicles is directly influencing the global automotive clutch actuator market, as these advanced vehicles require high-quality actuators to optimize clutch engagement and disengagement. In addition, premium and high-performance vehicles often come equipped with advanced transmission systems that require sophisticated clutch actuation mechanisms. Furthermore, these vehicles aim to provide exceptional acceleration, power delivery, and precise control. Hence, such factors drive the market growth during the forecast period.
A key factor shaping the automotive clutch actuator market growth is the advancements in actuator technology. The advent of advancements in actuator technology is fuelling significant developments in the global automotive clutch actuator market. In addition, the actuators play a vital role in the efficient operation of clutch systems, enabling smooth gear shifts and optimal power transfer.
Moreover, as automotive technology continues to evolve, manufacturers are focusing on enhancing actuator technology to meet the increasing demands for performance, precision, and reliability. In addition, the main advancement is the integration of intelligent control units, sensors, and actuators with high-response capabilities which enable improved clutch engagement and disengagement, leading to smoother gear transitions and enhanced driving experiences. Hence, such factors drive the market growth during the forecast period.
Preference for cars with manual transmission in European economies is one of the key challenges hindering the automotive clutch actuator market growth. Due to the emergence of advancements in technologies, several types of automatic transmission systems have become efficient and better in terms of design, performance, and reliability. However, several developed economies still do not support automatic transmissions due to the perception that automatic transmission systems take away the actual experience of driving a vehicle.
Moreover, some developed economies still prefer manually operated vehicles. Even though there is a high penetration rate of automatic transmission vehicles in North American countries, Japan, and Australia, several countries in the European Union (EU) have been hesitant to adopt automatic transmission vehicles as manual transmissions are more appealing to customers there. Hence, such factors hinder the market growth during the forecast period.
The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Automotive Clutch Actuator Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ATESTEO GmbH and Co. KG: The company offers automotive clutch actuators for use in test benches for transmissions, gearboxes, drivetrains, and powertrains.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The passenger cars segment is estimated to witness significant growth during the forecast period. The high penetration of automatic transmissions in the passenger car segment is significantly contributing to the growth of this segment. In addition, the adoption of electronics in passenger car transmission systems is growing rapidly due to the strong demand for automatic transmission passenger vehicles.
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The passenger cars segment was the largest segment and was valued at USD 6,658.31 million in 2018. Moreover, passenger vehicles facilitate the average transportation needs of individuals and households, while heavy commercial vehicles (HCVs) and light commercial vehicles (LCVs) are restricted to commercial purposes and are mainly used by contractors and freight companies. In addition, the passenger vehicles market is dominated by emerging economies in APAC such as India, China, and Indonesia, which are seeing a rise in disposable incomes. As a result, there is a significant demand for transmission electronics in this segment, especially in APAC countries. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.
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North America is estimated to contribute 32% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The main factor that is significantly contributing to the growth of the market in North America is the presence of prominent automotive brands such as General Motors and Ford Motor. The US and Canada are the main countries in North America which is significantly contributing to the market growth in the region. In addition, several automakers in the region are becoming more efficient at incorporating advancements in power trains. Furthermore, the improvements in fuel efficiency and refinements in transmission technology have fuelled the adoption of vehicles equipped with automated gearboxes. Hence, such factors drive the market growth in North America during the forecast period.
In 2020, during the COVID-19 pandemic, the growth of the global automotive clutch actuator market witnessed a significant slowdown due to the temporary closure of several automotive component manufacturing plants, including clutch actuators in North America. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to the restoration of operations in manufacturing units. Such factors are expected to drive the market during the forecast period.
The automotive clutch actuator market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
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Automotive Clutch Actuator Market Scope |
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Report Coverage |
Details |
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Page number |
176 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 11.68% |
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Market Growth 2024-2028 |
USD 7,601.28 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
10.55 |
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Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
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Performing market contribution |
North America at 32% |
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Key countries |
US, China, Japan, Germany, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ATESTEO GmbH and Co. KG, AVTEC Ltd., BorgWarner Inc., Buhler Motor GmbH, Continental AG, CTS Corp., Eaton Corp. Plc, Infineon Technologies AG, Johnson Electric Holdings Ltd., Kendrion NV, Knorr Bremse AG, Kongsberg Automotive ASA, Magna International Inc., Nidec Corp., Robert Bosch GmbH, Schaeffler AG, Taizhou Juhang Automation Equipement Technology Co. Ltd., Valeo SA, ZF Friedrichshafen AG, and Wabtec Corp. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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