Technavio, a tech-focused market research company, has announced a new report on the global automotive dual-clutch transmission system market, which will probably grow at a CAGR of close to 10% during the forecast period 2017-2021.
Based on geographical segmentation, Technavio market analysts categorize the global automotive dual-clutch transmission system market into the following key regions: the Americas, APAC, and EMEA.
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Automotive DCT system market in EMEA: The increasing adoption of advancements in powertrain technology will drive the growth of the automotive dual-clutch transmission system market in EMEA. The implementation of strict environmental and safety regulations is encouraging OEMs to adopt technology that meets the emission standards thereby resulting in increased sales in the market in this region. Furthermore, the advancements in automotive transmission technology, new marketing strategies, and changing driving dynamics is increasing the adoption of automatic gearboxes in the EMEA market.
According to Siddharth Jaiswal, a lead analyst at Technavio, specializing in research on automotive components, “The growing sales of premium hatchbacks, premium sedans, and sports cars will increase the demand for DCT systems in the region. The automotive OEMs are focusing on superior fuel economy, reduced gearshift times, and precision in the DCT systems to attract more consumers. The design configurations and the refinement of transmission technology will boost the revenues in the EMEA market.”
Automotive DCT system market in the Americas: The declining gasoline prices is increasing the affordability of cars equipped with automatic gear, which is driving the growth in the American market. The development of automatic transmissions will help manufacturers launch cars in the American market that meet the requirements of the consumers. Technavio’s market analysts estimate that the US and Canada will emerge as the key revenue generators in the American market during the forecast period.
Automotive DCT system market in APAC: The growing demand for SUVs and premium sedans will make APAC the fast-evolving automotive industry in the global market. Countries like China, India, Thailand, Indonesia, and South Korea contributes the highest revenues in the region. The increasing requirement for vehicle safety, ease of driving, comfort, and convenience is encouraging vendors to launch automated gearbox systems in the APAC market.
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The top vendors operating in the global automotive dual-clutch transmission system market are:
- BorgWarner
- Eaton
- Schaeffler
- ZF
Other prominent vendors in the market include AVL and GETRAG.
A detailed study is presented in the Technavio report titled, ‘Global Automotive Dual Clutch Transmission System Market 2017-2021’. Technavio also customizes reports by other provinces and precise segments upon request.
Other related reports:
- Global Automotive Advanced Emergency Braking System Market 2016-2020
- Global Commercial Vehicle Anti-Lock Braking System Market 2016-2020
- Global Automotive Regenerative Braking System Market 2016-2020
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