DUBLIN--(BUSINESS WIRE)--The "Global Truck Clutch Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The truck clutch market will register a CAGR of more than 6% by 2023.
The increased penetration of high-speed transmission in trucks is one of the key factors driving the growth of the global truck clutch market.
Vendors operating in the truck transmission-related product development and manufacturing are focusing on using innovative materials, advanced designs, and more gears for designing and developing transmission systems to enhance performance and efficiency. Therefore, upcoming truck models are coming fitted with advanced high-speed transmission systems.
In addition, truck OEMs have been started launching their latest products and technologies for trucking applications. As a result, these developments are expected to drive the sales of clutches and promote market growth during the forecast period.
Demand for newer generation commercial vehicles
One of the growth drivers of the global truck clutch market is the demand for newer generation commercial vehicles. The increasing sales of trucks with automated manual transmission systems are expected to drive the revenue of the global truck clutch market during the forecast period.
Technological constraints resulting in vehicle recalls
One of the challenges in the growth of the global truck clutch market is the technological constraints resulting in vehicle recalls. The average cost of automated transmission falls for the automakers, their R&D, production, maintenance, and high-repair costs are add-on expenses, which hinder the growth of the market.
Competitive Landscape
The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Key Players
- Aisin Seiki Co. Ltd.
- BorgWarner Inc.
- Eaton
- EXEDY Corporation
- Schaeffler AG
- ZF Friedrichshafen AG
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Light-duty trucks - Market size and forecast 2018-2023
- Medium and heavy-duty trucks - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Emergence of triple-clutch transmission system
- Demand for all-electric powertrain in commercial vehicles
- Increased use of advanced materials in component designing
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Aisin Seiki Co. Ltd.
- BorgWarner Inc.
- Eaton
- EXEDY Corporation
- Schaeffler AG
- ZF Friedrichshafen AG
For more information about this report visit https://www.researchandmarkets.com/r/y9s4ew