Automotive Dual Clutch Transmission (DCT) Market

Automotive Dual Clutch Transmission (DCT) Market Outlook 2030 -

The dual clutch of transmission (DCT) has two manual transmissions, one transmission works for even-numbered gears, and other transmission works for odd-numbered gears. These two separate transmission systems helps avoid power loss and hence leads to better efficiency of the gearbox. Also, dual clutch transmission (DCT) offers a better fuel economy, as power flow in the powertrain i.e., from the engine to transmission is not interrupted. A six-speed dual clutch transmission (DCT) provides a better fuel efficiency than the auto transmission system due to reduced loss of power during the transmission. It results in more comfortable gear shifts. Entire transmission systems are going through a transition phase. It is evolving from manual transmission to automatic transmission. DCT technology in the automotive industry has led to a hassle-free driving experience. A dual clutch transmission has unique characteristic as it helps in keeping the engine in engaged mode all the time. The benefits of the DCT system typically include faster transmission, lower power loss, and greater fuel economy compared to other transmission types. Consumers are increasingly interested in vehicle specifications & on-road performance, which are becoming increasingly important to manufacturers to keep their vehicles performance efficient. Pushed by consumer demand coupled with a reduction in the cost of technology, the industry is witnessing an increasing penetration from sports cars to passenger vehicles.

Market scope and structure analysis:

COVID-19 Impact analysis

COVID-19 had a devastating impact on the automotive dual clutch transmission (DCT) market owing to a massive dip in commercial activities and retail spending. The contagious spread of the disease has mandated countries across the globe to formulate new rules and regulations, resulting in strict countrywide lockdown and the formation of micro-containment zones to stop the virus from spreading. Suspending economic activities was the earliest move taken by several governments to reduce the risk of virus spread, resulting in a massive fall in automobile sales followed by a dip in consumer confidence. Many consumers have also delayed their automotive purchase, and some cancelled their existing orders owing to changing proprieties to essential buying. With the establishment of government Standard Operating Procedures (SOPs) and guidelines, trade & travel across globe are expected to resume in a limited capacity, providing a positive outlook for the automobile sector.

Top Impacting Factors

• Higher fuel efficiency, lower carbon footprint, and increasing demand for automatic manual transmission (AMT) system will drive the growth of dual clutch transmission system market.
• Higher cost of DCT, coupled with the high maintenance cost is expected to hamper the growth of the market.
• Rising technological development, increasing penetration of sports cars, and rising disposable income can be seen as an opportunity for the market investments.

The automotive dual clutch transmission trends are as follows:

Increasing penetration of sports cars

Sports car will witness steady growth owing to ongoing technological progressions in the dual-clutch transmissions. Whole automobile industry is buyer centric and major automobile companies are fulfilling the growing demand of customers. For instance, in October 2019, Chevrolet division of General Motors Company announced the launch of 2020 Corvette Convertible with eight speed dual-clutch transmission. Also, in October 2019, BMW has partnered with Magna International to manufacture vehicles with dual clutch transmission system. The company claimed that DCT technology will enhance drivability while simultaneously providing optimal levels of efficiency. Increasing consumer inclination towards the product for drag and racing competitions will further propel the market of automotive dual clutch transmission.

Key segments covered:

Key benefits of the report:

• This study presents the analytical depiction of the automotive dual clutch transmission along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with challenges of the automotive dual clutch transmission.
• The current market is quantitatively analyzed from 2020 to 2030 to highlight the automotive dual clutch transmission growth scenario.
• The report provides a detailed automotive dual clutch transmission analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the automotive dual clutch transmission research report:

• Which are the leading market players active in the automotive dual clutch transmission?
• What would be the detailed impact of COVID-19 on the market?
• What current trends would influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the automotive dual clutch transmission?
• What are the projections for the future that would help in taking further strategic steps?

 Automotive Dual Clutch Transmission (DCT) Market Report Highlights