DUBLIN--(BUSINESS WIRE)--The "Global Commercial Vehicle Clutch Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.
The global commercial vehicle clutch market is expected to grow at a CAGR of 0.54% during the period 2017-2021.
One trend in the market is advances in powertrain with higher number of gears in transmissions. The main purpose of an automotive transmission is to provide power to the vehicles. The powertrain involves the transmission, engine, and the drivetrain of an automobile. As a result of rapid technological advances, the mechanical components in the transmission systems have been replaced with electronic components, which increase the overall efficiency of the transmission systems.
One driver in the market is increasing use of LCVs for last mile distribution. The global retail e-commerce sales are expected to reach almost $2 trillion and are expected to rise to almost $4 trillion by 2020. Such trends in the e-commerce channel sales drive the market for commercial vehicles as logistics play a vital role in e-commerce. Recently, the e-commerce channel has become one of the trusted channel sales. Online sales are rapidly rising as a percentage of total retail sales, which is slowly becoming the preferred channel sales method.
Further, the report states that one challenge in the market is growing demand for commercial electric vehicles. The demand for electric vehicles is growing at a rapid pace across the world. The use of electric vehicles will reduce the dependency on gasoline and diesel-based automobiles. These vehicles are not equipped with transmission systems.
- ZF Friedrichshafen
Other Prominent Vendors
- Aisin Seiki
- Clutch Auto
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market by End-User
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers and Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/9rxksz/global_commercial?w=4