Dual Clutch Transmission Market

Global Dual Clutch Transmission Market

  • AL-635
  • 4.2 Rating
  • 136 Pages
  • Upcoming
  • 65 Reviews
  • PDF Excel PPT
akash

Author :

Akash Vedpathak

Amulya

Fact-checked by :

Amulya Agarwal

Shreyas

Editor :

Shreyas Tandon

The global dual clutch transmission market size was USD 18.49 Billion in 2022 and is likely to reach USD 42.89 Billion by 2031 expanding at a CAGR of 9.8% during 2023–2031. The growth of the market is attributed to the increasing demand for more fuel economic vehicles and growing demand for better performance and driving experience among the consumers.

Dual clutch transmission (DCT) is type of hybrid transmission, it works on fundamental principles of both manual and automatic transmissions. Operation of dual clutch transmission is similar to an automatic. However, it has more in common with a manual transmission than it does with an automatic. DCT is basically two transmissions working together, each of which requires a clutch. Further, it does not require the driver to manually engage and change from one gear to another using the shift lever. Instead, the gear selection process is automated so that a DCT can act as an automatic transmission.

Dual Clutch Transmission Market Outlook

Various studies estimate DCT to be more than 8% fuel efficient in comparison to the other transmission types. Performance is another key aspect where a dual clutch transmission excels in contrast to the conventional ones. DCT’s are deemed to have more than 5% improved efficiency in terms of acceleration. Hence, DCT is more commonly found in high performance vehicles.

DCT’s are most popularly used by Formula 1 cars due to their improved acceleration efficiency. In early 2000s Volkswagen was one of the first car companies to introduce dual clutch transmission in its passenger vehicles which helped the technology to reach wider population. Consumers were able to experience the technology and all the added benefits it offered.

Market Trends, Drivers, Restraints, and Opportunities

  • Growing awareness among the consumers regarding carbon footprint and rising demand for better fuel-efficient vehicles is expected to drive the market growth during the forecast period.

  • Increasing demand for better performance and driving experience is anticipated to spur the market expansion in the coming years.

  • Rising environmental regulations are projected to push the market to expand at a steady CAGR.

  • High maintenance cost and costly repairs in comparison to other transmissions is anticipated to impede the market growth.

  • Increasing popularity of electric vehicles which does not need a conventional transmission possess as major challenge that can restrict the market expansion during the forecast period.

  • Technological advancements and advent of new compact, fast, less heavy, and fuel efficient dual clutch transmissions is expected to create lucrative opportunities for the market players.

Scope of the Report

The report on the global dual clutch transmission market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Dual Clutch Transmission Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Wet Dual Clutch Technology and Dry Dual Clutch Technology), Applications (Passenger Cars, Heavy Commercial Vehicles (HCV), Light Commercial Vehicles (LCV), and Motorsport Cars)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Aisin Seiki, ZF Friedrichshafen, Getrag, Jatco, Magna Powertrain, Continental, Allison, BorgWarner, LuK, Ricardo

Market Segment Insights

Dry Dual Clutch Technology is projected to constitute a large market share

Based on types, the dual clutch transmission market is segmented into wet dual clutch technology and dry dual clutch technology. The dry dual clutch technology segment is expected to constitute a large share of the market during the forecast period owing to it being more fuel efficient than the wet dual clutch. Stringent environmental regulations imposed by many countries has pushed the car companies in manufacturing more fuel-efficient cars which is expected to drive the growth of this segment in the coming years. On the other hand, wet dual clutch is anticipated to register a steady CAGR during the forecast period due to its rapidly growing demand in developed regions globally. Wet dual clutch technology gives better performance and acceleration efficiency than the dry dual cultch.

Dual Clutch Transmission Market Types

Passenger Cars segment is expected to exhibit high CAGR

Based on applications, the dual clutch transmission market is segregated into passenger cars, heavy commercial vehicles (HCV), light commercial vehicles (LCV), and motorsport cars. Passenger cars segment is expected to exhibit high CAGR in the coming years due to increasing popularity of the DCT and growing awareness regarding carbon emissions among the consumers. In the recent years DCT has gained momentum in the passenger cars segment and is expected to grow at a substantial pace in the coming years. There is a rise in demand for vehicles to have better performance and acceleration in passenger cars segment which is anticipated to propel the market expansion in the coming years.

Dual Clutch Transmission Market Application

Europe is anticipated to dominate the market

On the basis of regions, the global dual clutch market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Europe is anticipated to expand at healthy CAGR during the forecast period. The regional market growth can be attributed to rising demand of passenger vehicles and light commercial vehicles and increasing disposable income across the region. On the other hand, the market of Asia Pacific is expected to exhibit a rapid growth rate in the coming years owing to the increasing demand for fuel economic vehicles, this is attributed due to rise in cost of fossil fuels in the various parts of the region which is expected to push the expansion of dual clutch transmission market during the forecast period.

Dual Clutch Transmission Market Region

Segments

Types

  • Wet Dual Clutch Technology
  • Dry Dual Clutch Technology

Applications

  • Passenger Cars
  • Heavy Commercial Vehicles (HCV)
  • Light Commercial Vehicles (LCV)
  • Motorsport cars

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Aisin Seiki
  • ZF Friedrichshafen
  • Getrag
  • Jatco
  • Magna Powertrain
  • Continental
  • Allison
  • BorgWarner
  • LuK
  • Ricardo

Competitive Landscape

Key players competing in the global dual clutch transmission market include Aisin Seiki, ZF Friedrichshafen, Getrag, Jatco, Magna Powertrain, Continental, Allison, BorgWarner, LuK, Ricardo. The market players are adopting various business strategies to stay competitive. These strategies include mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share. For instance, In January 2016 Gretag was acquired by Magna Powertrain. Gretag is considered as a specialist in DCT, with this acquisition Magna Powertrain has enhanced its market share globally.

Dual Clutch Transmission Market Keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dual Clutch Transmission Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Dual Clutch Transmission Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Dual Clutch Transmission Market - Supply Chain
  4.5. Global Dual Clutch Transmission Market Forecast
     4.5.1. Dual Clutch Transmission Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Dual Clutch Transmission Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Dual Clutch Transmission Market Absolute $ Opportunity
5. Global Dual Clutch Transmission Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Dual Clutch Transmission Market Size and Volume Forecast by Types
     5.3.1. Wet Dual Clutch Technology
     5.3.2. Dry Dual Clutch Technology
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Dual Clutch Transmission Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Dual Clutch Transmission Market Size and Volume Forecast by Applications
     6.3.1. Passenger Cars
     6.3.2. Heavy Commercial Vehicles (HCV)
     6.3.3. Light Commercial Vehicles (LCV)
     6.3.4. Motorsport cars
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Dual Clutch Transmission Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Dual Clutch Transmission Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Dual Clutch Transmission Demand Share Forecast, 2019-2026
8. North America Dual Clutch Transmission Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Dual Clutch Transmission Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Dual Clutch Transmission Market Size and Volume Forecast by Types
     8.4.1. Wet Dual Clutch Technology
     8.4.2. Dry Dual Clutch Technology
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Dual Clutch Transmission Market Size and Volume Forecast by Applications
     8.7.1. Passenger Cars
     8.7.2. Heavy Commercial Vehicles (HCV)
     8.7.3. Light Commercial Vehicles (LCV)
     8.7.4. Motorsport cars
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Dual Clutch Transmission Demand Share Forecast, 2019-2026
9. Latin America Dual Clutch Transmission Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Dual Clutch Transmission Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Dual Clutch Transmission Market Size and Volume Forecast by Types
     9.4.1. Wet Dual Clutch Technology
     9.4.2. Dry Dual Clutch Technology
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Dual Clutch Transmission Market Size and Volume Forecast by Applications
     9.7.1. Passenger Cars
     9.7.2. Heavy Commercial Vehicles (HCV)
     9.7.3. Light Commercial Vehicles (LCV)
     9.7.4. Motorsport cars
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Dual Clutch Transmission Demand Share Forecast, 2019-2026
10. Europe Dual Clutch Transmission Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Dual Clutch Transmission Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Dual Clutch Transmission Market Size and Volume Forecast by Types
     10.4.1. Wet Dual Clutch Technology
     10.4.2. Dry Dual Clutch Technology
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Dual Clutch Transmission Market Size and Volume Forecast by Applications
     10.7.1. Passenger Cars
     10.7.2. Heavy Commercial Vehicles (HCV)
     10.7.3. Light Commercial Vehicles (LCV)
     10.7.4. Motorsport cars
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Dual Clutch Transmission Demand Share Forecast, 2019-2026
11. Asia Pacific Dual Clutch Transmission Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Dual Clutch Transmission Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Dual Clutch Transmission Market Size and Volume Forecast by Types
     11.4.1. Wet Dual Clutch Technology
     11.4.2. Dry Dual Clutch Technology
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Dual Clutch Transmission Market Size and Volume Forecast by Applications
     11.7.1. Passenger Cars
     11.7.2. Heavy Commercial Vehicles (HCV)
     11.7.3. Light Commercial Vehicles (LCV)
     11.7.4. Motorsport cars
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Dual Clutch Transmission Demand Share Forecast, 2019-2026
12. Middle East & Africa Dual Clutch Transmission Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Dual Clutch Transmission Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Dual Clutch Transmission Market Size and Volume Forecast by Types
     12.4.1. Wet Dual Clutch Technology
     12.4.2. Dry Dual Clutch Technology
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Dual Clutch Transmission Market Size and Volume Forecast by Applications
     12.7.1. Passenger Cars
     12.7.2. Heavy Commercial Vehicles (HCV)
     12.7.3. Light Commercial Vehicles (LCV)
     12.7.4. Motorsport cars
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Dual Clutch Transmission Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Dual Clutch Transmission Market: Market Share Analysis
  13.2. Dual Clutch Transmission Distributors and Customers
  13.3. Dual Clutch Transmission Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Aisin Seiki
     13.4.2. ZF Friedrichshafen
     13.4.3. Getrag
     13.4.4. Jatco
     13.4.5. Magna Powertrain
     13.4.6. Continental
     13.4.7. Allison
     13.4.8. BorgWarner

Purchase Premium Report