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North America Dual Clutch Transmissions Market

2021

Automotive and Transportation North America Dual Clutch Transmiss...

North America Dual Clutch Transmissions Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Vehicle Type (Passenger Car and Commercial Vehicle), Propulsion [Internal Combustion Engine (ICE) and Hybrid], Vehicle Segment (A/B, C, D, E and Above, and SUV), and Forward Gears (6 and Below, 7, and 8 and Above)

Publication Month: Nov 2021 | Report Code: TIPRE00025853 | No. of Pages: 140 | Category: Automotive and Transportation | Status: Published

Market Insights

North America Dual Clutch Transmissions Market to Grow at a CAGR of 8.3% to reach US$ 4,738.70 million Million from 2021 to 2028

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The North America dual clutch transmission market is expected to reach US$ 4,738.70 million by 2028 from an estimated value of US$ 2,711.65 million in 2021; it is likely to grow at a CAGR of 8.3% from 2021 to 2028.


Growing sales of SUVs worldwide and increasing concerns about fuel economy and CO2 emission are driving the market. However, the increasing adoption of electric vehicles and their high costs may hamper the growth of the North America dual clutch transmission market during the forecast period.

The demand for dual clutch transmission is increasing at a prime 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 seven years ago and is still growing strong. The increasing preference of consumers for SUVs is forcing vehicle manufacturers to focus on integrating advanced dual clutch transmission in vehicles. This corresponds with a drop in consumer spending capabilities. The US was the second-biggest SUV market, and, unlike China, all manufacturers showed sales increases in 2019. General Motors (GM) kept the lead but squandered market share to Toyota, Nissan, Ford, and Honda. FCA, the second-largest SUV manufacturer, overtook shares, owing to the new Jeep Wrangler and Compass. VW Group, Hyundai-Kia, Mazda, Subaru, and BMW Group were among the other major SUV market shareholders. Toyota RAV4 was the best-selling SUV in the US. Furthermore, advanced techniques such as dual clutch transmission systems are used by automotive OEMs to minimize fuel consumption and CO2 emissions while preserving performance. Hence, the increasing concern about fuel economy and CO2 emission will propel market growth.

North America is among the worst-hit regions by the COVID-19 pandemic. The continuous growth of infected individuals has led the North American governments to impose lockdown across borders. The majority of the manufacturing plants were shut down, municipalities were functioning slowly compared to the past, and the automotive industries were halted. The COVID-19 outbreak negatively impacted the automotive industry in the region. Assembly plant closures are adding to the intense pressure on an increasingly distressed North America supply base in the US. Companies are at risk of defaulting on covenants, potentially requiring banks to step in.

Further, according to the Accenture website data, sales forecast for the US estimated a decline of 9% annually as consumers are not buying new vehicles due to the pandemic. Thus, limited supply of vehicle parts, shutdowns of manufacturing plants, supply chain disruption, and drop in new vehicle sales have negatively impacted the North America dual clutch transmission market. However, in 2021, with the relaxation of lockdown restrictions and the beginning of vaccination processes, automotive production has started again, which will help create a favorable scenario for the North America dual clutch transmission market growth.

North America dual clutch transmission market

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NORTH AMERICA DUAL CLUTCH TRANSMISSION MARKET SEGMENTATION

By Vehicle Type

  • Passenger Car
  • Commercial Vehicle

By Propulsion Type

  • Internal Combustion Engine (ICE)
  • Hybrid

By Vehicle Segment

  • A/B
  • C
  • D
  • E and Above
  • SUV

By Forward Gears

  • 6 and Below
  • 7
  • 8 and Above

By Country

  • US
  • Canada
  • Mexico

Company Profiles

  • 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

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.3 Expert Opinion

5. Dual Clutch Transmissions Market – Key Industry Dynamics

5.1 Key Market Drivers

5.1.1 Growing Sales of SUVs Worldwide

5.1.2 Increasing Concerns About Fuel Economy and CO2 Emission

5.2 Key Market Restraints

5.2.1 Growing Adoption of Electric Vehicles and its High Costs

5.3 Key Market Opportunities

5.3.1 Increasing Demand for Hybrids and DCTS in HCVs

5.4 Future Trends

5.4.1 Mounting Demand of Class A/B Vehicles

5.5 Impact Analysis of Drivers and Restraints

6. Dual Clutch Transmissions Market – North America Analysis

6.1 Dual Clutch Transmissions Market North America Overview

7. Dual Clutch Transmissions Market Analysis – By Vehicle Type

7.1 Overview

7.2 Dual Clutch Transmissions Market Revenue Breakdown, By Vehicle Type, 2020 & 2028

7.3 Passenger Cars

7.3.1 Overview

7.3.2 Passenger Cars: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

7.4 Commercial Vehicle

7.4.1 Overview

7.4.2 Commercial Vehicle: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

8. Dual Clutch Transmission Market Analysis – By Propulsion Type

8.1 Overview

8.2 Dual Clutch Transmissions Market Breakdown, By Propulsion Type, 2020 & 2028

8.3 Internal Combustion Engine (ICE)

8.3.1 Overview

8.3.2 Internal Combustion Engine (ICE): Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

8.4 Hybrid

8.4.1 Overview

8.4.2 Hybrid: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

9. Dual Clutch Transmission Market Analysis – By Vehicle Segment

9.1 Overview

9.2 Dual Clutch Transmissions Market Breakdown, By Vehicle Segment, 2020 & 2028

9.3 A/B

9.3.1 Overview

9.3.2 A/B: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

9.4 C

9.4.1 Overview

9.4.2 C: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

9.5 D

9.5.1 Overview

9.5.2 D: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

9.6 E and Above

9.6.1 Overview

9.6.2 E and Above: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

9.7 SUV

9.7.1 Overview

9.7.2 SUV: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

10. Dual Clutch Transmission Market Analysis – By Forward Gear

10.1 Overview

10.2 Dual Clutch Transmissions Market Breakdown, By Forward Gear, 2020 & 2028

10.3 6 and Below

10.3.1 Overview

10.3.2 6 and Below: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

10.4 7

10.4.1 Overview

10.4.2 7: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

10.5 8 and Above

10.5.1 Overview

10.5.2 8 and Above: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

11. Dual Clutch Transmission Market – North America Analysis

11.1 North America Dual Clutch Transmission Market, Revenue and Forecasts to 2028

11.1.1 Overview

11.1.2 North America Dual Clutch Transmission Market, Revenue and Forecasts to 2028 (US$ Mn)

11.1.3 North America Dual Clutch Transmissions Market Breakdown, By Vehicle Type

11.1.4 North America Dual Clutch Transmissions Market Breakdown, By Propulsion Type

11.1.5 North America Dual Clutch Transmissions Market Breakdown, By Vehicle Segment

11.1.6 North America Dual Clutch Transmissions Market Breakdown, By Forward Gears

11.1.7 North America Dual Clutch Transmissions Market Breakdown, by Country

11.1.7.1 US Dual Clutch Transmission Market, Revenue and Forecasts to 2028

11.1.7.1.1 US Dual Clutch Transmissions Market Breakdown, By Vehicle Type

11.1.7.1.2 US Dual Clutch Transmissions Market Breakdown, By Vehicle Type

11.1.7.1.3 US Dual Clutch Transmissions Market Breakdown, By Propulsion Type

11.1.7.1.4 US Dual Clutch Transmissions Market Breakdown, By Vehicle Segment

11.1.7.1.5 US Dual Clutch Transmissions Market Breakdown, By Forward Gear

11.1.7.2 Canada Dual Clutch Transmission Market, Revenue and Forecasts to 2028

11.1.7.2.1 Canada Dual Clutch Transmissions Market Breakdown, By Vehicle Type

11.1.7.2.2 Canada Dual Clutch Transmissions Market Breakdown, By Propulsion Type

11.1.7.2.3 Canada Dual Clutch Transmissions Market Breakdown, By Vehicle Segment

11.1.7.2.4 Canada Dual Clutch Transmissions Market Breakdown, By Forward Gear

11.1.7.3 Mexico Dual Clutch Transmission Market, Revenue and Forecasts to 2028

11.1.7.3.1 Mexico Dual Clutch Transmissions Market Breakdown, By Vehicle Type

11.1.7.3.2 Mexico Dual Clutch Transmissions Market Breakdown, By Propulsion Type

11.1.7.3.3 Mexico Dual Clutch Transmissions Market Breakdown, By Vehicle Segment

11.1.7.3.4 Mexico Dual Clutch Transmissions Market Breakdown, By Forward Gear

12. Impact of COVID-19 Pandemic on North America Dual Clutch Transmission Market

12.1 Overview

12.1.1 North America: Impact Assessment of COVID-19 Pandemic

13. Dual Clutch Transmission Market-Industry Landscape

13.1 Overview

13.2 New Development

14. Company Profiles

14.1 Magna International Inc.

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 Schaeffler Technologies AG & Co. KG

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 BorgWarner Inc.

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 Daimler AG

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 Volkswagen AG

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 ZF Friedrichshafen AG

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 OC Oerlikon Management AG

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 Ricardo

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 Renault Group

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 Hyundai Transys

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

15. Appendix

15.1 About The Insight Partners

15.2 Glossary of Terms


LIST OF TABLES

Table 1. North America Dual Clutch Transmission Market, Revenue and Forecast To 2028 (US$ Mn)

Table 2. North America Dual Clutch Transmission Market, Volume and Forecast To 2028 (Units)

Table 3. North America Dual Clutch Transmission Market, Revenue and Forecast To 2028 – By Vehicle Type (US$ Mn)

Table 4. North America Dual Clutch Transmission Market, Volume and Forecast To 2028 – By Vehicle Type (Units)

Table 5. North America Dual Clutch Transmission Market, Revenue and Forecast To 2028 – By Propulsion Type (US$ Mn)

Table 6. North America Dual Clutch Transmission Market, Volume and Forecast To 2028 – By Propulsion Type (Units)

Table 7. North America Dual Clutch Transmission Market, Revenue and Forecast To 2028 – By Vehicle Segment (US$ Mn)

Table 8. North America Dual Clutch Transmission Market, Volume and Forecast To 2028 – By Vehicle Segment (Units)

Table 9. North America Dual Clutch Transmission Market, Revenue and Forecast To 2028 – By Forward Gears (US$ Mn)

Table 10. North America Dual Clutch Transmission Market, Volume and Forecast To 2028 – By Forward Gears (Units)

Table 11. North America Dual Clutch Transmission Market, Revenue and Forecast To 2028 – By Country (US$ Mn)

Table 12. North America Dual Clutch Transmission Market, Volume and Forecast To 2028 – By Country (Units)

Table 13. US Dual Clutch Transmission Market, Revenue and Forecasts to 2028 – By Vehicle Type (US$ Mn)

Table 14. US Dual Clutch Transmission Market, Volume and Forecasts to 2028 – By Vehicle Type (Units)

Table 15. US Dual Clutch Transmission Market, Revenue and Forecasts to 2028 – By Propulsion Type (US$ Mn)

Table 16. US Dual Clutch Transmission Market, Volume and Forecasts to 2028 – By Propulsion Type (Units)

Table 17. US Dual Clutch Transmission Market, Revenue and Forecasts to 2028 – By Vehicle Segment (US$ Mn)

Table 18. US Dual Clutch Transmission Market, Volume and Forecasts to 2028 – By Vehicle Segment (Units)

Table 19. US Dual Clutch Transmission Market, Revenue and Forecasts to 2028 – By Forward Gear (US$ Mn)

Table 20. US Dual Clutch Transmission Market, Volume and Forecasts to 2028 – By Forward Gear (Units)

Table 21. Canada Dual Clutch Transmission Market, Revenue and Forecasts to 2028 – By Vehicle Type (US$ Mn)

Table 22. Canada Dual Clutch Transmission Market, Volume and Forecasts to 2028 – By Vehicle Type (Units)

Table 23. Canada Dual Clutch Transmission Market, Revenue and Forecasts to 2028 – By Propulsion Type (US$ Mn)

Table 24. Canada Dual Clutch Transmission Market, Volume and Forecasts to 2028 – By Propulsion Type (Units)

Table 25. Canada Dual Clutch Transmission Market, Revenue and Forecasts to 2028 – By Vehicle Segment (US$ Mn)

Table 26. Canada Dual Clutch Transmission Market, Volume and Forecasts to 2028 – By Vehicle Segment (Units)

Table 27. Canada Dual Clutch Transmission Market, Revenue and Forecasts to 2028 – By Forward Gear (US$ Mn)

Table 28. Canada Dual Clutch Transmission Market, Volume and Forecasts to 2028 – By Forward Gear (Units)

Table 29. Mexico Dual Clutch Transmission Market, Revenue and Forecasts to 2028 – By Vehicle Type (US$ Mn)

Table 30. Mexico Dual Clutch Transmission Market, Volume and Forecasts to 2028 – By Vehicle Type (Units)

Table 31. Mexico Dual Clutch Transmission Market, Revenue and Forecasts to 2028 – By Propulsion Type (US$ Mn)

Table 32. Mexico Dual Clutch Transmission Market, Volume and Forecasts to 2028 – By Propulsion Type (Units)

Table 33. Mexico Dual Clutch Transmission Market, Revenue and Forecasts to 2028 – By Vehicle Segment (US$ Mn)

Table 34. Mexico Dual Clutch Transmission Market, Volume and Forecasts to 2028 – By Vehicle Segment (Units)

Table 35. Mexico Dual Clutch Transmission Market, Revenue and Forecasts to 2028 – By Forward Gear (US$ Mn)

Table 36. Mexico Dual Clutch Transmission Market, Volume and Forecasts to 2028 – By Forward Gear (Units)

Table 37. Glossary of Term: Dual Clutch Transmissions Market


LIST OF FIGURES

Figure 1. Dual Clutch Transmissions Market Segmentation

Figure 2. Dual Clutch Transmissions Market Segmentation – By Country

Figure 3. North America Dual Clutch Transmissions Market Overview

Figure 4. U.S to Hold Largest Market Share

Figure 5. Passenger Car Segment Dominates the Vehicle Type Segment

Figure 6. ICE Dominates the Propulsion Type Segment

Figure 7. North America – PEST Analysis

Figure 8. Expert Opinion

Figure 9. Dual Clutch Transmissions Market Impact Analysis of Drivers and Restraints

Figure 10. Dual Clutch Transmissions Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 11. Dual Clutch Transmissions Market Revenue Breakdown, By Vehicle Type, 2021 & 2028 (%)

Figure 12. Passenger Cars: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

Figure 13. Commercial Vehicle: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

Figure 14. Dual Clutch Transmissions Market Breakdown, By Propulsion Type, 2020 & 2028 (%)

Figure 15. Internal Combustion Engine (ICE): Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

Figure 16. Hybrid: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

Figure 17. Dual Clutch Transmissions Market Breakdown, By Vehicle Segment, 2020 & 2028 (%)

Figure 18. A/B: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

Figure 19. C: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

Figure 20. D: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

Figure 21. E and Above: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

Figure 22. SUV: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

Figure 23. Dual Clutch Transmissions Market Breakdown, By Forward Gear, 2020 & 2028 (%)

Figure 24. 6 and Below: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

Figure 25. 7: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

Figure 26. 8 and Above: Dual Clutch Transmissions Market - Revenue and Forecasts to 2028 (US$ Mn)

Figure 27. North America Dual Clutch Transmission Market, Revenue and Forecasts to 2028 (US$ Mn)

Figure 28. North America Dual Clutch Transmissions Market Breakdown, By Vehicle Type, 2020 & 2028 (%)

Figure 29. North America Dual Clutch Transmissions Market Breakdown, By Propulsion Type, 2020 & 2028 (%)

Figure 30. North America Dual Clutch Transmissions Market Breakdown, By Vehicle Segment, 2020 & 2028 (%)

Figure 31. North America Dual Clutch Transmissions Market Breakdown, By Forward Gears, 2020 & 2028 (%)

Figure 32. North America Dual Clutch Transmissions Market Breakdown, by Country, 2020 & 2028 (%)

Figure 33. US Dual Clutch Transmission Market, Revenue and Forecast, 2018–2028 (US$ Mn)

Figure 34. Canada Dual Clutch Transmission Market, Revenue and Forecast, 2018–2028 (US$ Mn)

Figure 35. Mexico Dual Clutch Transmission Market, Revenue and Forecast, 2018–2028 (US$ Mn)

Figure 36. Impact of COVID-19 Pandemic in North American Country Markets

  1. Magna International Inc.
  2. Schaeffler Technologies AG & Co. KG
  3. BorgWarner Inc.
  4. Daimler AG
  5. Volkswagen AG
  6. ZF Friedrichshafen AG
  7. OC Oerlikon Management AG
  8. Ricardo
  9. Renault Group
  10. Hyundai Transys
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America dual clutch transmission market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America dual clutch transmission market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution. 
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