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Automotive Clutch Release Bearing Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR40672
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The automotive clutch release bearing market size has the potential to grow by USD 51.45 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 1.42%. 

This report provides a detailed analysis of the market by type (passenger cars and commercial vehicles) and geography (APAC, Europe, North America, South America, and MEA). 

Market Overview

Automotive-Clutch-Release-Bearing-Market-Market-Size-2020-2025

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • AB SKF
  • GMB Co. Ltd.
  • KG International FZCO
  • National Engineering Industries Ltd
  • Schaeffler AG
  • Tata Steel Ltd.
  • The Timken Co.
  • Tilton Engineering Inc.
  • Valeo SA
  • ZF Friedrichshafen AG

 

The automotive clutch release bearing market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as high preference for manual transmission systems in Europe to achieve growth opportunities. However, factors such as vehicle recall due to defects in clutch or clutch components will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the automotive clutch release bearing market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This automotive clutch release bearing market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Automotive Clutch Release Bearing Market: Key Drivers and Trends

  • The primary reasons for the low adoption of automatic transmission systems and the high preference for manual transmission systems in Europe include high fuel price, regulations on applying and receiving driver licenses, and dynamic topography.
  • The price of fuel is very high in European countries, which increases the need for fuel-efficient vehicles. Since manual transmission vehicles have higher fuel efficiency than automatic transmission vehicles, the preference for manual transmission vehicles is high in the region.
  • Most of the European city roads are narrow and congested. Thus, driving on European city roads while ensuring efficient fuel consumption requires a vehicle with a manual transmission.
  • The high preference for manual transmission vehicles is driving the demand for automotive clutch release bearings, both from OEMs and the aftermarket sectors. 
  • Increasing awareness about the need to reduce vehicular emissions has compelled automobile manufacturers and automotive component manufacturers to focus on light-weighting components such as clutch release bearings.
  • Vendors are manufacturing clutch release bearings made from plastic, forged steel, and hardened deep-drawn steel, which are lighter than conventional steel and cast iron.
  • The rising need for efficient optimization of drivelines has led to design improvements in clutch release bearings, which is one of the critical automotive clutch release bearing market trends.
  • Although there are no disruptive improvements in the automotive clutch release bearing market, minor improvements in terms of their design and functionality have enhanced the efficiency and lifespan of clutch release bearings.

 

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Automotive Clutch Release Bearing Market: Segmentation by Geography

Automotive-Clutch-Release-Bearing-Market-Market-Share-by-Region-2020-2025

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56% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for automotive clutch release bearings in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The high preference among buyers for vehicles with manual transmission will facilitate the automotive clutch release bearing market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Automotive Clutch Release Bearing Market: Segmentation by Type

Automotive-Clutch-Release-Bearing-Market-Market-Share-by-Type-2020-2025

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The automotive clutch release bearing market share growth by the passenger cars segment will be significant during the forecast period. The increasing replacement demand for clutch components is expected to have a positive impact on the passenger cars segment of the automotive clutch release bearing market during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive clutch release bearing market size.

 

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Key Highlights of the Automotive Clutch Release Bearing Market Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive automotive clutch release bearing market growth during the next five years
  • Precise estimation of the automotive clutch release bearing market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive clutch release bearing industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive clutch release bearing market vendors

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Automotive Clutch Release Bearing Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 1%

Market growth 2021-2025

$ 51.45 million

Market structure

Fragmented

YoY growth (%)

0.67

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 56%

Key consumer countries

China, US, Japan, Germany, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AB SKF, GMB Co. Ltd., KG International FZCO, National Engineering Industries Ltd, Schaeffler AG, Tata Steel Ltd., The Timken Co., Tilton Engineering Inc., Valeo SA, and ZF Friedrichshafen AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

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.

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Passenger cars - Market size and forecast 2020-2025
    • Commercial vehicles - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • AB SKF
      • GMB Co. Ltd.
      • KG International FZCO
      • National Engineering Industries Ltd
      • Schaeffler AG
      • Tata Steel Ltd.
      • The Timken Co.
      • Tilton Engineering Inc.
      • Valeo SA
      • ZF Friedrichshafen AG

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      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.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      Automotive Clutch Release Bearing market growth will increase by $40.50 million during 2019-2024.
      The automotive clutch release bearing market is expected to grow at a CAGR of 0.98% during 2019-2024.
      Technavio has segmented the automotive clutch release bearing market by type (Passenger cars and Commercial vehicles) ,other 1 (Lead generation, Brand awareness, Thought leadership, and Others) , and geographic (APAC, Europe, North America, and South America).
      AB SKF, GMB Corp., KG International FZCO, National Engineering Industries Ltd., Schaeffler AG, Tata Steel Ltd., The Timken Co., Tilton Engineering Inc., Valeo SA, ZF Friedrichshafen AG are a few of the key vendors in the automotive clutch release bearing market.
      Europe will register the highest growth rate of 35.28% among the other regions. Therefore, the automotive clutch release bearing market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the automotive clutch release bearing market growth are:
      • High cost of CVT spurs the adoption of automatic transmission vehicles
      • Integration of EHRs with electronic data collection systems
      The automotive clutch release bearing market vendors should focus on grabbing business opportunities from the passenger cars segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
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