![]() The other factors include the nature and complexity of the solution as the component is not frequently replaced & requires low maintenance compared to other vehicle components. The OEM subsegment is poised to account for around 90% of the dual clutch transmission share by 2027 led by OEMs having long-term supply agreements and contracts with existing automobile manufacturers to ensure a smooth supply of spares. Currently, the internal combustion engines segment is dominant in terms of existing vehicles and new vehicle sales. In 2020, the segment captured about USD 30 billion in dual clutch transmission market impelled by the developing technology of combustion engine systems and its adoption in hybrid vehicles. To tailor this report to your specific requirements: Customize this Report ICE transmission to dominate global sales The increasing inclination of consumers toward automatic transmission solutions is boosting the market demand. ![]() These vehicles contribute to the majority of retail four-wheeler automotive sales, as these transmission systems are increasingly incorporated into passenger vehicles as technology becomes increasingly commercialized and widely available. The passenger cars segment is anticipated to generate USD 40 billion in revenue by 2027. High vehicle adoption to support passenger cars penetration The system is superior in terms of providing fuel efficiency and strikes an ideal balance of performance & efficiency, which is due to the absence of hydraulic equipment that is present in its wet counterpart. Increasing popularity in passenger vehicles is boosting the market growth in terms of volume. To get details on how to order this report click hereĭry clutch to remain dominant in the clutches segmentĭry clutch segment is set to hold more than 80% of dual clutch transmission market revenue share by 2027. Inability of the dry clutches to sustain high torque.Increasing trends for electric vehicles.Growing demand for high end and luxury vehicles.Increasing import of transmissions along with rising local JV operations.Strong presence of manufacturing facilities.Increasing focus on integrated hybrid DCT’s.Growing individual inclination towards sports cars and sports activities.Rising stringency on vehicular emissions.With the establishment of government SOPs and guidelines, trade & travel are expected to resume in a limited capacity, providing a positive outlook for the automobile sector.ĭual Clutch Transmission (DCT) Market Report Coverage Report CoverageĬlutches, Vehicle, Transmission, Distribution Channel, and Region Many consumers have also delayed their automotive purchase, and some canceled their existing orders owing to changing proprieties to essential buying. 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. 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. 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.ĬOVID-19 had a devastating impact on the dual clutch transmission (DCT) market owing to a massive dip in commercial activities and retail spending. To get more details on this report: Request Free Sample PDFĬonsumers are increasingly interested in vehicle specifications & on-road performance, which are becoming increasingly important to manufacturers to keep their vehicles interesting. The technology has also been subjected to extensive research by established automakers to develop DCT systems such as PDK from Porsche and DSG in Volkswagen. The previous technology had limited use in race cars and sports cars later transitioning into passenger vehicles. The benefits of the DCT system typically include faster transmission, lower power loss, and greater fuel economy compared to other transmission types. Increasing investments from companies to make this technology accessible is likely to drive industry demand. ![]() ![]() Dual Clutch Transmission Market size crossed USD 30.98 billion in 2020 and is projected to expand at 4.9% CAGR from 2021 to 2027.
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