NEW YORK, Nov. 17, 2023 /PRNewswire/ — The automotive clutch actuator market is estimated to grow by USD 7.60 billion from 2023 to 2028, growing at a CAGR of 11.68%. The automotive clutch actuator market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer automotive clutch actuator market are ATESTEO GmbH and Co. KG, AVTEC Ltd., BorgWarner Inc., Buhler Motor GmbH, Continental AG, CTS Corp., Eaton Corp. Plc, Infineon Technologies AG, Johnson Electric Holdings Ltd., Kendrion NV, Knorr Bremse AG, Kongsberg Automotive ASA, Magna International Inc., Nidec Corp., Robert Bosch GmbH, Schaeffler AG, Taizhou Juhang Automation Equipement Technology Co. Ltd., Valeo SA, ZF Friedrichshafen AG, and Wabtec Corp.
Technavio has announced its latest market research report titled Global Automotive Clutch Actuator Market 2024-2028
The report provides a full list of key companies, their strategies, and the latest developments. Download Free Sample before buying
Company Offering:
ATESTEO GmbH and Co. KG: The company offers automotive clutch actuators for use in test benches for transmissions, gearboxes, drivetrains, and powertrains.
Buhler Motor GmbH: The company offers automotive clutch actuators such as Electromechanical actuators for vehicle transmissions.
Infineon Technologies AG: The company offers Dual Clutch Transmission (DCT) with clutch actuators.
For details on companies and their offerings – Buy report!
By Geography, the market is classified as North America, APAC, Europe, South America, and Middle East and Africa. North America is estimated to contribute 32% to the growth of the global market during the forecast period. The presence of a number of important automotive brands, such as General Motors and Ford Motor, is the main factor that has significantly contributed to market growth in the region. The main countries in the North American region that have a significant impact on market growth are the US and Canada.
Download a free sample report to get more insights on the market share of various regions and the contribution of the segments.
Impactful driver- Rise in demand for automatic transmission systems
Key Trend – Advancements in actuator technology
Major Challenges – Preference for cars with manual transmission in European economies
Market Segmentation
By Application, the market is classified into passenger cars and commercial vehicles. The passenger cars segment is estimated to witness significant growth during the forecast period. The passenger cars segment has been greatly contributed by the widespread use of automatic transmissions in cars. Furthermore, the high demand for automatic transmissions of passenger cars is making it more and more likely that electronic systems will be adopted in car transmission systems.
Technavio Research experts have provided more insights on the market share of segments – View Free Sample Report
Related Reports:
The motorcycle clutch market size is estimated to grow at a CAGR of 3.26% between 2022 and 2027. The market size is forecast to increase by USD 519.75 million.
The truck clutch market size is expected to increase to USD 5.40 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.5%.
|
Automotive Clutch Actuator Market Scope |
|
|
Report Coverage |
Details |
|
Historic period |
2018-2022 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 11.68% |
|
YoY growth 2022-2023 (%) |
10.55 |
|
Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
|
Key countries |
US, China, Japan, Germany, and UK |
TOC:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact US:
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio