The dual clutch transmission market is expected to grow from US$ 12,576.10 million in 2021 to US$ 20,372.75 million by 2028; it is estimated to grow at a CAGR of 7.1% during 2021–2028.
The main benefits of dual clutch transmissions (DCTs) are a higher energy efficiency than automatic transmission systems with torque converters and the capability to fill the torque gap during gear shifts to allow seamless longitudinal acceleration profiles. Therefore, DCTs are viable alternatives to automated manual transmissions (AMTs). Significant clutch-slip energy losses occur during power-on gear shifts for vehicles equipped with engines that can generate considerable torque. As a result, DCTs need wet clutches for effective heat dissipation. However, with the rising demand for low-end cars such as hatchbacks, the Dual Clutch Transmission market for the hot hatch is gaining traction. Hot hatches generate a considerable amount of power compared to their standard version cars, and DCTs are the OEMs transmission of choice. Hence, the concept of hot hatches is on the rise consistently, and so is the demand for faster shifting transmissions. Torque converters are a great choice with less space; however, enthusiasts in this category are demanding much faster-shifting DCTs. Thus, it is expected that with the rise in demand for hot hatches in the future, the need for DCTs is also set to increase.
The application of dual-clutch transmission is efficiently boosting the driving experience as it improves acceleration and offers smooth gear shifting. Hence, they are gradually being used in vehicles across developing economies such as China, India, South Korea, and Brazil. Furthermore, the rising adoption of hybrid vehicles across the globe, coupled with the increasing integration of DCT, is expected to create attractive sales opportunities over the forecast period. Hybrid vehicles are designed for better fuel efficiency, minimum CO2 emissions, and more power. The HCVs obtain electrical energy generated from different sources such as dual clutch transmission systems. Thus, they can conserve energy by shutting down the engine when the car is parked, idle, or when the electric motor’s power is sufficient to drive the vehicle without assistance from the ICE. The integration of DCTs in vehicles offers better fuel economy than automatic transmissions and smoother performance than manual transmissions. As the DCTs shift smoothly and with a high degree of precision, they have often been preferred in the arena of performance. Therefore, DCTs are being integrated with HCVs, creating a huge opportunity for DCT manufacturers to design efficient DCTs.
Impact of COVID-19 Pandemic on Dual Clutch Transmission Market
The emergence and rapid spread of novel coronavirus (COVID-19) have paralyzed numerous developed and developing countries. The continuous surge in the number of infected patients is threatening several industries across the globe. The outbreak has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Since the majority of the countries are exercising lockdowns, the demand for dual clutch transmission is decreasing at a prominent rate. This is because the key dual clutch transmission purchasing countries have been restricting their investment in these components and are utilizing a fair percentage of their budget to combat COVID-19. The temporary shutdown of manufacturing facilities is also showcasing a negative trend in the dual clutch transmission market. The continuity of the COVID-19 spread would be severely dangerous for dual clutch transmission market players.
The automotive industry is among the victims of COVID-19. Since the start of 2020, this industry has been reflecting a declining trend. With the imposition of lockdown across countries in North America, Europe, and Asia, the industries have been witnessing shattering experiences. The automotive industry requires a significant number of human laborers. On the contrary, as the COVID-19 virus spreads through human involvement, the sector cannot function properly. The declining trend in the automotive industry is reflecting a negative impact on the dual clutch transmission market.
Lucrative Regions for Dual Clutch Transmission Providers
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Dual Clutch Transmission Market Insights
Increasing Concerns About Fuel Economy and CO2 Emission
A DCT combines the convenience of an automatic transmission with the fuel efficiency of a manual transmission. The 21st century has observed refinement in vehicle design in terms of problems relating to aerodynamics. It is worth remarking that reduction of one count of drag, i.e., ΔCD = 0.1, explicates into an improvement of the mileage of 2.60 km/liter. As per the US Department of Transportation (DoT) figures, the US has approximately 276,100,000 vehicles running on the roads as recorded during 2018. Furthermore, few hundreds are added every day. It is also worth noting from the Department of Energy (DoE) statistics that 16% of the energy produced in the US is consumed in overcoming the drag of road vehicles. The global scenario is not much different. Therefore, there is enormous scope for improving the aerodynamics of cars to conserve depleting oil reserves. Dual clutch transmissions (DCTs) refer to the double friction clutches; they are designed and operated fully automated in vehicles.
Vehicle Type-Based Market Insights
Based on vehicle type, the global dual clutch transmission market is segmented into passenger cars and commercial vehicle. Passenger cars are used to carry passengers and have no more than eight seats. The rise in disposable income among the population positively influences the demand for passenger cars across the region. Passenger cars are further categorized into Class A, Class B, Class C, Class D, Class E, Class F, SUV, and multipurpose passenger vehicles (MPV).
Propulsion-Based Market Insights
The propulsion segment for the dual clutch transmission market is classified into ICE and Hybrid. The mounting requirement for fuel efficiency has resulted in engine downsizing and integration of a, which is expected to escalate market growth over the coming years. The development of numerous advanced combustion modes, such as homogeneous charge compression ignition (HCCI), is anticipated to boost the growth of the internal combustion engine (ICE) segment.
Forward Gear-Based Market Insights
The forward gear segment for the dual clutch transmission market is classified into 6, 7, and 8 and above. 7-speed dual clutch transmission makes the driving performance sporty with lightning-fast gear shifting and direct drive without disturbing the shear force. Fuel efficiency offered by a 7-speed dual clutch transmission system is better than a manual transmission system.
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Dual Clutch Transmission Market: Strategic Insights
Market Size Value in US$ 12,576.10 million in 2021 Market Size Value by US$ 20,372.75 million by 2028 Growth rate CAGR of 7.1% from 2021-2028 Forecast Period 2021-2028 Base Year 2021
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Dual Clutch Transmission Market: Strategic Insights
| Market Size Value in | US$ 12,576.10 million in 2021 |
| Market Size Value by | US$ 20,372.75 million by 2028 |
| Growth rate | CAGR of 7.1% from 2021-2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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The players operating in the dual clutch transmission market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:
- In March 2020, Lumax was planning for a dual clutch transmission gear shifter, which is understood to be cleared for the start of production. The Tata Altron automatic will be using a Schaeffler wet clutch dual clutch transmission.
- Volkswagen Taigun was launched in India on September 23, 2021. The 1.5-liter engine variant model will be having an option of a 7-speed dual clutch auto system.
The global dual clutch transmission market has been segmented as mentioned below:
By Vehicle Type
- Passenger Cars
- Commercial Vehicle
By Propulsion
- ICE
- Hybrid
By Vehicle Segment
- A/B
- C
- D
- E and Above
- SUV
By Forward Gears
- 6
- 7
- 8 and above
By Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Company Profiles
- Magna International Inc.
- Schaeffler Technologies AG & Co. KG
- BorgWarner Inc.
- Daimler AG
- Volkswagen Group
- ZF Friedrichshafen AG
- OC Oerlikon Management AG
- Ricardo plc
- Renault Group
- Hyundai Transys
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Processor Type, Application and Standard
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, South Africa, South Korea, United Kingdom, United States
Frequently Asked Questions
The demand for dual clutch transmission is increasing at a prime growth rate for SUVs. The rising demand for SUVs globally is boosting the growth of the dual clutch transmission market. The popularity of SUVs continues to grow in almost every market in the world. As the global marketplace declines following trade tensions and a slowdown in the Chinese market, car manufacturers look for new ways to expand their market. The shifting interest of customers from sedans or hatchbacks to SUVs started around 7 years ago and is still growing strong. Increasing preference of consumers for SUVs is forcing the vehicle manufacturers to focus on integrating advanced dual clutch transmission in the vehicles. China counted for almost 46% of SUV global sales in 2020, and sales increased by 27%. This corresponds with a drop in consumer spending capabilities.
The application of dual-clutch transmission is efficiently boosting the driving experience as it improves acceleration and offers smooth gear shifting. Hence, they are gradually being used in vehicles across developing economies such as China, India, South Korea, and Brazil. Furthermore, the rising adoption of hybrid vehicles across the globe, coupled with the increasing integration of DCT, is creating attractive sales opportunities over the forecast period. Hybrid vehicles are designed for better fuel efficiency, minimum CO2 emissions, and more power. The HCVs obtain electrical energy generated from different sources such as dual clutch transmission systems.
The passenger cars are used to carry passengers and have no more than eight seats. The rise in disposable income among the population is positively influencing the demand for passenger cars across the region. Passenger cars are further categorized into Class A market, Class B market, Class C market, Class D market, Class E market, Class F market, SUV market, and multipurpose passenger vehicles (MPV). The above classification varies from country to country. The rising demand for passenger cars across the region boosting the need for automotive disc brakes in the coming years. Both the opposed piston type disc brakes and floating caliper type disc brakes are used in passenger cars.
Mounting requirement for fuel efficiency has resulted in engine downsizing and integration of a, which is expected to escalate market growth over the coming years. The development of numerous advanced combustion modes namely: homogeneous charge compression ignition (HCCI) is anticipated to boost the growth of the internal combustion engines (ICE) market. The automotive ICE is projected to witness significant huge growth owing to rising vehicle demand globally over the forecast period. The increasing demand for high efficiency engines with reduced carbon emission is also estimated to boost the growth of ICE. The ICE is a type of power-generating source for several automobiles that generate heat with the combustion of petroleum or natural gas and thus resulting in generation of power for the automobile movement.
The dual clutch transmission market in APAC is expected to grow, owing to the rise in population, rapid urbanization, and investments in automotive industries. The presence of developing economies such as China, India, South Korea, Malaysia, the Philippines, and Taiwan helps in making Asia a developing region. Stable economies and technological advancements support the growth of diversified industries and markets in Asia. The dual clutch transmission is in high demand in countries such as Japan, China, India, and Australia. The Asian countries are in the process of accepting automatic and environmentally friendly mobility as a prominent means of transportation in the future. With an increase in the adoption of automatic and passenger cars, the demand for dual clutch transmission will grow exponentially, which would play an influencing role in boosting the production cycle of dual clutch transmission.
The main benefits of dual-clutch transmissions (DCTs) are a higher energy efficiency than automatic transmission systems with torque converters; and the capability to fill the torque gap during gear shifts to allow seamless longitudinal acceleration profiles. Therefore, DCTs are viable alternatives to automated manual transmissions (AMTs). For vehicles equipped with engines that can generate considerable torque, significant clutch-slip energy losses occur during power-on gear shifts, and, as a result, DCTs need wet clutches for effective heat dissipation. However, with the rising demand for low-end cars such as hatchbacks, the market for the hot hatch is gaining traction. With hot hatches, they generate a considerable amount of power compared to their standard version cars, and are the OEMs transmission of choice are DCTs.
The List of Companies - Dual Clutch Transmission Market
- Magna International Inc.
- Schaeffler Technologies AG & Co. KG
- BorgWarner Inc.
- Daimler AG
- Volkswagen AG
- ZF Friedrichshafen AG
- OC Oerlikon Management AG
- Ricardo
- Renault Group
- Hyundai Transys
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