The global clutch housing market size is anticipated to grow at a CAGR of 3.6% during the forecast period, reaching USD XX billion by 2028. North America is expected to dominate the global clutch housing market during the forecast period due to its high demand for automobile and aftermarket clutches in this region which are major applications of clutch housings. The Asia-Pacific region clocked higher growth rates, largely driven by China's growing automotive industry and manufacturing facilities that require these components on a large scale.
Clutch housings are used in automobiles to transfer power from an engine's crankshaft through a torque converter to the clutch which is controlled by the driver. This arrangement allows for automatic transmissions and manual gearboxes, where drivers can manually select gears like on bicycles with many speeds: manual transmission cars typically have five or six forward-speed positions; some newer models offer seven or eight speeds using sequential shift patterns. The housing may also be present between two rotating components such as clutches, brakes, pulleys, and other items that need protection during the operation of their respective systems--this protects both systems when they collide with each other while operating at high rotational rates.
In the automotive industry, clutch housings are used to allow a vehicle's engine and transmission system to work together smoothly. Clutch housings are also commonly found on farm machinery such as tractors and combine that transfer power from the tractor's driveshaft to internal gearboxes for torque multiplication.
On the basis of Type, the market is segmented into Heavy Clutch Housing, Large Clutch Housing, and Small Clutch Housing.
Heavy Clutch Housing is mainly used on high displacement engines which cannot be operated effectively when they shift gears through their own inertia owing to higher rotating speeds, but rather need some external force like friction provided by these heavy clutches. The heavy clutch housing segment is expected to account for the highest market share in 2018 owing to its higher demand from OEMs as well as replacement clutches are required at a low frequency.
Large Clutch Housing is mainly used on vehicles with higher power outputs and high torque requirements, like heavy-duty trucks. Large clutch housings accounted for the second-highest revenue contribution among all types of clutches in 2017 due to their common use on vehicles with larger engines while small clutch housings are projected to register maximum growth rate among all type segments during the forecast period (2018-2028).
Small clutch housings are used in manual transmissions for vehicles with smaller engines. The global small clutch housing market is projected to register a maximum growth rate among all type segments during the forecast period (2018-2028) due to their common use on low displacement engine applications such as utility, commercial, and passenger cars. In addition, small clutches have been gaining popularity over the years owing to their ability to achieve a high torque multiplication without increasing the size or weight of the gearbox which helps manufacturers achieve fuel efficiency targets faster than before by reducing energy losses at different levels of power transmission. Their compact design also makes them suitable for retrofitting existing models that do not require higher torque ratings while still being able to offer good acceleration performance.
On the basis of Application, the market is segmented into OEM and Aftermarket. OEMs contributed about 50% while aftermarket had around 45%. The Heavy Clutch Housing segment accounted for the largest market share in 2018, with a value of USD XX million. The growth of this segment is attributed to their prevalence as original equipment on heavy-duty vehicles such as trucks, buses, off-road vehicles, tractors, etc., which require higher torque ratings than passenger car applications. In addition, they are also used extensively by Original Equipment Manufacturers (OEMs) for use on low displacement engine applications such as utility cars and commercial vans owing to their high levels of power transmission efficiency. Moreover, these clutches have been gaining popularity over the years due to their ability to achieve a high torque multiplication without increasing the size or weight of the clutch. The aftermarket segment is anticipated to be the fastest-growing market for clutch housing in North America through 2028. The renewed interest in automotive parts because of an increased demand from automotive enthusiasts and hobbyists has resulted in a higher number of clutches being sold as replacement or spare parts.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. North American market is expected to be the fastest-growing, owing to an increase in demand for aftermarket clutches. The Asia Pacific is also expected to grow at a rapid pace due to the increasing number of automotive OEMs being set up and growing demand from emerging markets such as India and China. The European market is expected to register a low CAGR during the forecast period because it was one of the major economies that suffered heavily following the economic crisis in 2008. Latin America has been witnessing moderate growth because most car manufacturing companies are setting up bases there rather than exporting their products (which would have increased global sales). However, this trend may reverse with time which could adversely affect clutch housing market size by 2028. The Middle East & Africa region will witness considerable growth due to its oil-based economy.
Up Market Research published a new report titled “Clutch Housing Market research report which is segmented by Types (Heavy Clutch Housing, Large Clutch Housing, Small Clutch Housing), By Applications (OEM(Original Equipment Manufacturers), Aftermarket), By Players/Companies Schaeffler, MEANS INDUSTRIES, NINGBO BEILUN LEMA MACHINERY TECHNOLOGY, Weasler Engineering, Saraswati Engineering, Logan Clutch, MACAS Automotive, Clutch Auto, Transtar Industries”.
Report Attributes | Report Details |
Report Title | Clutch Housing Market Research Report |
By Type | Heavy Clutch Housing, Large Clutch Housing, Small Clutch Housing |
By Application | OEM(Original Equipment Manufacturers), Aftermarket |
By Companies | Schaeffler, MEANS INDUSTRIES, NINGBO BEILUN LEMA MACHINERY TECHNOLOGY, Weasler Engineering, Saraswati Engineering, Logan Clutch, MACAS Automotive, Clutch Auto, Transtar Industries |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 237 |
Number of Tables & Figures | 166 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Heavy Clutch Housing, Large Clutch Housing, Small Clutch Housing and By Application OEM(Original Equipment Manufacturers), Aftermarket.
Some of the companies that are profiled in this report are:
Clutch Housing Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Clutch Housing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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