Insights Into The Dual Clutch Transmission Market’s Growth Potential 2024-2033
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The dual clutch transmission market has seen strong growth, with its size expected to grow from $29 billion in 2023 to $31.12 billion in 2024, at a CAGR of 7.3%. This growth is attributed to hybrid vehicle integration and urbanization. Moving forward, the market is projected to expand to $40 billion by 2028, with a CAGR of 6.5%, driven by advancements in transmission technology and autonomous driving.
The fuel-cell electric vehicle market thrives on the rise in the adoption of electric vehicles, illustrated by the International Energy Agency’s data on doubling electric vehicle sales in 2021.
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What Are The Key Trends That Influence Dual Clutch Transmission Market Share Analysis?
Product innovation is driving growth in the dual-clutch transmission market, with major companies striving to maintain their market positions through innovative products. For instance, in March 2022, Punch Powertrain introduced the DT11 dual-clutch transmission system. Designed for reliability and enhanced driving comfort in diverse conditions, including extreme temperatures and challenging terrains, DT11 exemplifies technological advancement in automotive transmissions.
Which Market Players Are Driving Growth In The Dual Clutch Transmission Market?
Major companies operating in the dual clutch transmission market report are Volkswagen AG, General Motors Company, BMW AG, Honda Motor Co Ltd., Hyundai Motor Company, Nissan Motor Co. Ltd., Audi AG, Kia Corporation, ZF Friedrichshafen AG, AB Volvo, Continental AG, Porsche AG, Magna International Inc, Aisin Seiki Co.,Eaton Corporation, Schaeffler Technologies AG & Co. KG, BorgWarner Inc.,GKN Automotive Limited, Allison Transmission Holdings Inc., Aston Martin Lagonda Global Holdings PLC, Ricardo PLC, Tremec Corporation, Punch Powertrain NV, Getrag Inc, JATCO Ltd.
How Is The Global Dual Clutch Transmission Market Segmented?
The dual clutch transmission market covered in this report is segmented –
1) By Product: Dry, Wet
2) By Propulsion: ICE (Internal Combustion Engine), Hybrid
3) By Distribution Channel: OEM (Original Equipment Manufacturer), Aftermarket
4) By Application: Passenger Car, Heavy Commercial Vehicles, Light Commercial Vehicles, Motorsport Cars
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The Dual Clutch Transmission Global Market Report 2024 provides an overview of the dual clutch transmissionmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The dual clutch transmission market forecast analyzes dual clutch transmission market size, dual clutch transmission market share, leading competitor and their market positions.
The Table Of Content For The Dual Clutch Transmission Market Include
1. Dual Clutch Transmission Market Executive Summary
2. Dual Clutch Transmission Market Segments
3. Dual Clutch Transmission Market Size And Template Market Growth Rate
4. Key Dual Clutch Transmission Market Trends
5. Major Dual Clutch Transmission Market Drivers
……
25. Key Mergers And Acquisitions In The Dual Clutch Transmission Market
26. Top Dual Clutch Transmission Companies
27. Dual Clutch Transmission Market Opportunities And Strategies
28. Dual Clutch Transmission Market, Conclusions And Recommendations
29. Appendix
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