Dual-clutch transmissions market is expected to record prominent growth on account of burgeoning adoption of automated technologies in vehicle transmission systems. Increasing emphasis on improving user’s driving experience has led to the development of new vehicles with automated gear shifting technology. DCT is one such technology that efficiently utilizes engine power and enhances transmission efficiency.
Surging adoption of automated technologies in vehicle transmission may fuel dual-clutch transmissions market growth. Increasing emphasis towards offering enhanced driving experience to car owners has led to the development and incorporation of advanced vehicular features. To improve passenger comfort, automakers are developing vehicles with automated gear shifting technology.
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It is vital to mention that major companies operating in this industry are undertaking several organic and inorganic growth strategies to strengthen their business presence across the globe. Industry players have aligned their focus on developing advanced cost-effective products.
Technology plays a pivotal role in developing cutting-edge sports vehicles. Ongoing technological advancements in the dual-clutch transmissions may drive the sales of sports cars in the future. Customers worldwide are opting for sports cars for taking part in racing competitions.
To cope up with surging customer demand for such vehicles, industry players are rolling out advanced sport vehicles that are equipped with efficient gear transmission technology. For instance, in Oct. 2019, Chevrolet announced the launch of the 2020 Corvette Convertible equipped with eight-speed dual-clutch transmission. Development of such advanced sports vehicles may fuel the demand for dual-clutch market growth.
Studies suggest that OEMs hold a significant share in dual-clutch transmissions market. These firms have aligned their focus towards integrating advanced products in vehicles to aid efficient gear transmission and driving comfort. Citing an instance to highlight the same, Hyundai, in April 2019, launched a subcompact SUV dubbed Venue which was equipped with dual-clutch transmission. Initiatives like these could significantly drive the growth trajectory of dual-clutch transmission industry over the forecast period.
North America is expected to offer prominent growth opportunities to companies operating in the dual-clutch transmissions market. Surging awareness regarding vehicular emissions may accelerate regional DCT market size. Manufacturers have aligned their focus towards automotive technologies like dual-clutch transmissions that aid in decreasing carbon emissions.
Notably, ZF Friedrichshafen AG, Magna International Inc., Continental AG, BorgWarner Inc., Punch Powertrain Nanjing, and Eaton are the companies currently at the forefront of dual-clutch transmissions market.
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Partial Chapter of the Table of Content
Chapter 4 Dual-Clutch Transmissions Market, By Clutches
4.1 Global market share by clutches, 2020 & 2027
4.2.1 Market estimates and forecast, 2017 - 2027
4.2.2 Market estimates and forecast, by region, 2017 - 2027
4.3.1 Market estimates and forecast, 2017 - 2027
4.3.2 Market estimates and forecast, by region, 2017 - 2027
Chapter 5 Dual-Clutch Transmissions Market, By Vehicle
5.1 Global market share by vehicle, 2020 & 2027
5.2 Passenger cars
5.2.1 Market estimates and forecast, 2017 - 2027
5.2.2 Market estimates and forecast, by region, 2017 - 2027
5.3 Commercial vehicle
5.3.1 Market estimates and forecast, 2017 - 2027
5.3.2 Market estimates and forecast, by region, 2017 - 2027
5.4 Sports car
5.4.1 Market estimates and forecast, 2017 - 2027
5.4.2 Market estimates and forecast, by region, 2017 - 2027
Chapter 6 Dual-Clutch Transmissions Market, By Transmission
6.1 Global market share by transmission, 2020 & 2027
6.2.1 Market estimates and forecast, 2017 - 2027
6.2.2 Market estimates and forecast, by region, 2017 – 2027
6.3.1 Market estimates and forecast, 2017 - 2027
6.3.2 Market estimates and forecast, by region, 2017 – 2027
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