Clutch Disk Market Outlook 2028 -
Clutch disk refers to part of a power transmission system that transmits power from engine to the transmission system. Moreover, automobile clutch disk has two sides, one side is attached to the flywheel and the other to the pressure plate to effectively transmit power from one component to other power component. Installation or sale of clutch disks completely depends on purpose or application of a vehicle. For instance, in ordinary vehicles, organic clutch disks are used while for high-performance vehicles, Kevlar-type clutch disks are used to provide high operating efficiency. Severe regulations from governments and standards on raw materials or coating materials for automotive clutch plates are expected to achieve double-digit growth in the global market. Clutch disk enables smooth start up and fast change of gears between flywheel and pressure plate.
COVID-19 scenario Analysis:
Vendors in the clutch disk industry across the globe are affected severely due to restrictions on production as well as lockdowns globally. The pandemic has had a negative impact on the clutch disk market size for the year 2020, a major deviation was noticed in the growth of clutch disk manufacturers due to coronavirus. Majority of clutch disk manufacturers are facing major issues such as closure of factories and unavailability of workforce due to lockdowns, which further affects production of cars and in turn, the market growth.
Top Impacting Factors
- Growing car fleet, coupled with continuous technological upgrading of existing power transmission technology, such as automatic transmissions and automatic manual transmissions are the factors that drive the global clutch disk market.
- Complex design, installation process, and high installation cost of clutches hinders growth of the market.
- Strict government supervision and high adoption of environmentally friendly vehicles is expected to boost growth and open new opportunities for the clutch disk market.
Technological upgradation to flourish the market
Steady transition of advanced vehicles from manual transmissions to semi-automatic and fully automatic transmission systems boost growth of the clutch disk market. In addition, high demand for fuel-efficient automotive systems has increased demand for advanced clutch disk and clutch transmission systems, which promotes growth of the clutch disk market. The growth is mainly attributed to high demand for advancements in the automotive industry and increase in automation research and development activities. In addition, young riders demand for high performance, which promotes development of automatic transmission systems. In 2019, AVTEC Limited launched a new set of automatic transmission disks that allows customized transmission solutions for field applications. In addition, Eaton Corporation launched a new clutch System “Eaton 430mm Clutch” specially designed for Volvo I-Shift.
Moreover, rise in awareness regarding environmentally friendly vehicles has led to widespread adoption of battery electric vehicles in developed regions of the world. The need for advance technological progress in these regions has increased substantially. The increase in production of new vehicles has also increased deployment of these clutch disks in vehicles thereby driving growth of the market.
Key benefits of the report:
- This study presents the analytical depiction of the clutch disk industry 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 clutch disk market.
- The current market is quantitatively analyzed to highlight the clutch disk market growth scenario.
- The report provides a detailed clutch disk market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the clutch disk market research report:
- Which are the leading market players active in the clutch disk market?
- 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 clutch disk market?
- What are the projections for the future that would help in taking further strategic steps?
Clutch Disk Market Report Highlights
By Product Type
By Product Size
By Transmission Type
By Vehicle Type
Key Market Players
Friedrichshafen AG, Setco Automotive Limited, BorgWarner Inc, Westlake, MAPA Makina Parcalari Endustrisi A.S., Schaeffler AG, Kathysia Industrial, Ampy Auto Industries Private Limited, M K Auto Clutch Co., Eaton