Automotive Passenger Car Clutch Plate Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Less than 9 inches, 9.1 to 10 inches, 10.1 to 11 inches, More than 11 inches), By Demand Category (OEM, Aftermarket) By Region, By Competition, 2018-2028
Published Date: April - 2025 | Publisher: MIR | No of Pages: 320 | Industry: Automotive | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request Customization| Forecast Period | 2024-2028 |
| Market Size (2022) | USD 3 billion |
| CAGR (2023-2028) | 8.8% |
| Fastest Growing Segment | Aftermarket |
| Largest Market | Asia-Pacific |
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Market Overview
Global Automotive Passenger Car Clutch Plate Market has been worth USD 3 Billion in 2022 and is expected to exhibit strong growth during the forecast period with a CAGR of 8.8% during 2028.
A powered mechanism known as a clutch is employed to disengage and engage the power transmission of one driven shaft to the other. The car clutch, which is used to transfer power from one shaft to another, is one of the most important components of the vehicle. An automobile clutch connects and disconnects the engine and manual transmission. Because an automobile's engine continuously rotates during travel, a systematic balance between the rotating engine and stationary gearbox has to be offered by removing the wheel. Therefore, the motor and wheels can be disconnected through clutches as well. During the forecast period, the increase in urbanization and increasing demand for growth in the vehicle industry is expected to drive the demand for automotive clutches. The growth of the market is expected to be driven by the presence of torque converters with automatic transmissions as a substitute for low-cost manual transmission clutches. Moreover, the market is expected to be driven by growing consumer inclination toward more convenient means of transport and increasing demand for passenger cars in developing economies. The growth of the market is expected to be constrained by aspects such as the substitution of the manual clutch by the torque converter in automatic transmission mechanisms and poor fuel efficiency of the automobiles utilizing automotive clutches.
Key Market Drivers
Growing Global Automotive Production and Sales
One of the key drivers of the Global Automotive Passenger Car Clutch Plate Market is the persistent growth in global automotive production and sales. The automobile sector is the pillar of the international economy, and demand for passenger cars is growing at an increasing rate. The production of passenger cars has been rising continuously over the decades. Emerging economies of Asia, Latin America, and Africa are experiencing increased demand for automobiles as their economies grow and urbanization picks up pace. Mature markets in Europe and North America also play an important role in the world's output. Therefore, there is increased demand for automotive parts, such as clutch plates, to cater to the growth of this automotive industry. Economic developing countries are emerging as primary growth centers for passenger car sales. Increasing disposable incomes, better infrastructure, and shifting consumer sentiments are propelling increased car ownership in these markets. China, India, Brazil, and the Southeast Asian nations are some exemplary markets where the sales of passenger cars have been thriving. Sales growth is also reflecting in additional demand for car clutch plates for supporting production volumes of these automobiles.
Technological Improvements in Auto Clutch Systems
Yet another key driver is the ongoing technological improvements in auto clutch systems. Clutch plates are key elements of these systems, and technologies are enhancing their efficiency, durability, and performance. Technological improvements have created dual-clutch transmissions and automated manual transmissions, which provide smoother gear shifting and better fuel economy than conventional manual transmissions. All of these high-technology transmission systems need high-performing clutch plates that are specifically designed to address the new pressures of today's passenger cars. Advances in manufacturing technology and material science have spawned the production of clutch plates which are lighter in weight, harder, and higher in torque-loading capacity. Special materials such as carbon composites and new generations of frictional materials are applied to enhance clutch plate performance as well as increase its lifespan.
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Strict Emission Laws and Fuel Efficiency Requirements
International efforts to curb carbon emissions and enhance fuel efficiency are pushing automobile manufacturers to develop cars with more efficient powertrains. This push towards sustainability and compliance with regulations is a major growth driver of the Automotive Passenger Car Clutch Plate Market. Governments across the globe are placing stricter emissions regulations on passenger vehicles to address air pollution and climate change. To achieve these requirements, manufacturers are investing in technologies such as hybrid powertrains, start-stop technology, and down-sized engines. Clutch plates are critical to these systems in that they transfer energy in an efficient manner, thus making them the key components necessary for emissions compliance. Customers are also demanding cleaner-burning vehicles for lower operating expenses and environmental impact. Automotive clutch plates, by minimizing energy losses and maximizing power transfer, help to provide better fuel efficiency. Consequently, automobile manufacturers are implementing sophisticated clutch plate designs to comply with these market requirements.
Increasing Use of Electric and Hybrid Vehicles
The global transition towards electric and hybrid vehicles is another strong driver influencing the Automotive Passenger Car Clutch Plate Market. With the automotive sector undergoing a revolutionary shift from conventional internal combustion engines, clutch plates are being redeveloped to suit electric and hybrid powertrains. Battery-only electric cars use clutches to perform many tasks like engaging and disengaging the electric motor from the drivetrain. EV clutch plates must be able to manage high levels of torque in an efficient manner while providing smooth power output, demanding specialized construction. Hybrid cars utilize a combination of internal combustion engines and electric powertrains. Clutch plates used in hybrid cars have a crucial function in facilitating the switch between electric and gasoline power sources, and this leads to efficiency and smooth driving. The increased demand for hybrid technology is leading to higher demand for clutch plates that can function with no glitches in these cars.
Urbanization and Expansion of Emerging Markets
Growing emerging markets and urbanization at a fast pace are fueling demand for passenger vehicles and, in turn, automotive clutch plates. This trend is especially strong in Asia, Latin America, and Africa. Emerging economies are witnessing strong economic growth, resulting in increased disposable incomes and consumer purchasing power. Consequently, more people can buy passenger vehicles, driving the growth of the automotive industry in these economies. The demand for efficient and reliable clutch plates for facilitating the growth is apparent. Sustained urbanization is creating population densities in urban areas, resulting in more traffic congestion. In these conditions, passenger cars continue to be a commuting preference. Therefore, demand for automobiles with efficient clutch systems, such as clutch plates, is growing. Moreover, the necessity of start-stop systems in city traffic further highlights the significance of clutch plates in contemporary vehicles.
Key Market Challenges
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Drift Toward Automated Transmissions
One of the main issues plaguing the Automotive Passenger Car Clutch Plate Market is the prevailing drift toward automatic transmissions, which are gaining increasing popularity among buyers all over the world. Automatic transmissions provide an easier and friendlier driving experience than manual transmissions, in which clutch plates become a crucial part. This transition poses a number of challenges to clutch plate producers and the industry in generalCustomers, particularly in urban centers, favor cars with automatic transmissions because they are convenient, particularly in congested traffic. As automatic transmissions become more efficient in terms of fuel consumption and affordability, they are increasingly taking over from manual transmissions in passenger vehicles. This trend lowers the demand for conventional clutch plates applied in manual transmissions.
Clutch plate producers are challenged to keep up with the evolving environment by expanding their product lines to encompass clutch plates for automatic transmissions. Yet, this can be an expensive process, as it involves research, development, and retooling of manufacturing facilities. Manufacturers also risk developing redundancies in their product lines as they produce for both manual and automatic transmissions, which can impact economies of scale.
The move towards automatic transmissions also affects employees. Experienced manual transmission mechanics could be required to undergo retraining in order to repair automatic transmission systems. The change in the requirements of skills can result in labor issues and investment in training schemes.
Rising Electrification of Passenger Vehicles
The increasing passenger car electrification represents another major challenge to the Automotive Passenger Car Clutch Plate Market. Hybrid cars and electric vehicles are becoming increasingly popular, and they do not employ conventional clutch plates. This shift towards electrified powertrains introduces a number of challenges
Electric cars use a different mechanism than cars with internal combustion engines, doing away with the use of clutch plates completely. This change entails that part of the market that hitherto had been dependent on the use of clutch plates is diminishing, and hence demand drops.
Clutch plate manufacturers must respond to this trend by expanding their product lines to accommodate components unique to electric and hybrid powertrains. This can be done by manufacturing other EV components or creating new products. Shifting to these new segments can involve major investments in research and development.
The transition to electrification brings about uncertainty in the market. As electric and hybrid cars gain more market share, manufacturers find it difficult to estimate future demand for conventional clutch plates accurately. The uncertainty can have an impact on production planning and stock management.
Rising Pressure to Enhance Fuel Efficiency and Decrease Emissions
Tighter world-wide emissions rules and increased environmental concerns are motivating automobile manufacturers to increase fuel efficiency and lower emissions on passenger vehicles. Although this quest for sustainability complements general environmental objectives, it presents unique challenges for manufacturers of clutch plates In order to achieve greater fuel efficiency, auto manufacturers are building vehicles with higher-end transmission technology that minimizes clutch engagement requirements. For example, most newer cars have start-stop systems and dual-clutch transmissions, which reduce clutch wear during idling or changing gears. With reduced clutch usage, the clutch plates endure less wear and tear and last longer. While consumers benefit from longer-lasting clutch plates, manufacturers are faced with a challenge. Replacement clutch plates are in less demand since they last longer. This can impact aftermarket sales, which are a large contributor to the revenue of manufacturers of clutch plates. Manufacturers have to innovate to stay competitive and serve the demand for more efficient clutches. This means coming up with clutch plates that have lower friction coefficients and better resistance to heat, which will contribute to improved fuel efficiency. But innovation comes at the cost of large research and development investments.
Fluctuating Raw Material Prices
The Automotive Passenger Car Clutch Plate Market is prone to raw material price fluctuations, especially metals such as steel. Clutch plates are usually constructed of steel, and fluctuations in steel prices can affect production costs and profit margins. A number of challenges stem from these fluctuations
Volatile raw material costs can lead to uncertain production costs. As the price of steel increases, it becomes more costly to manufacture clutch plates, possibly cutting into profit margins for manufacturers. This cost uncertainty makes it difficult to determine competitive prices for clutch plates.
Global events like natural disasters or trade disputes have the potential to impact the supply chain for steel and other raw materials that are part of the manufacturing process of clutch plates. Shortages, delayed production, and higher costs result from these kinds of disruptions. Stable and economical supplier relations are important to clutch plate manufacturers. Strategic partnership building with suppliers helps to neutralize the effect of raw material cost fluctuations. Yet, managing and negotiating the relations can be complex.
Key Market Trends
Shift to Lightweight Materials
Another major trend in the Automotive Passenger Car Clutch Plate Market is the shift towards the use of lightweight materials in clutch plate construction. This is inspired by the automotive sector's wider interest in increasing fuel economy, lowering emissions, and improving vehicle performance. Lighter materials used for clutch plates have a number of benefitsAutomotive passenger car clutch plate makers are progressively integrating aluminum and composite materials into their products. Aluminum clutch plates weigh much less than standard steel plates, lowering the mass of the clutch assembly. Composite materials, like carbon composites, provide both weight reduction and increased durability. The components help lower the rotating mass of the drivetrain, improving fuel efficiency as well as responsiveness. Lowering the inertia of clutch plates with lightweight materials enables faster shifting and greater overall vehicle performance. This trend is consistent with consumer expectations for more efficient and responsive vehicles, particularly in the passenger car market.
Adoption of Dual-Clutch and Automated Manual Transmissions
The use of advanced transmission technology, including dual-clutch transmissions (DCTs) and automated manual transmissions (AMTs), is another key trend that is affecting the Automotive Passenger Car Clutch Plate Market. These transmission systems provide a compromise between the ease of automatic transmissions and the efficiency of manual transmissionsDCTs have become popular because they can provide quick and seamless gear changes without the use of a torque converter. They make use of two independent clutches—one for the even-numbered gears and another for the odd-numbered gears—allowing quick and seamless shifting. Clutches in DCTs have to satisfy demanding performance levels to cope with the additional stresses of this technology. AMTs combine the mechanical simplicity of the manual transmission with the convenience of automated shifting. These transmissions have a conventional clutch system but engage and release the clutch automatically without a clutch pedal. Clutch plates in AMTs have to be designed to endure repeated clutch engagement and disengagement that comes with this technology.
Increasing Demand for Electric and Hybrid Vehicles
Increasing demand for electric vehicles (EVs) and hybrid vehicles is transforming the Automotive Passenger Car Clutch Plate Market. EVs do away with the requirement of conventional clutch plates in internal combustion engine (ICE) vehicles. This phenomenon is a double-edged sword for manufacturers of clutch platesEVs employ electric powertrains, which do not feature traditional clutches for gear shifting. This implies that part of the market that was originally dependent on clutch plates is diminishing as electric vehicles increase their market share. Hybrid cars, which feature both electric and internal combustion powertrains, still utilize clutch systems. Hybrid vehicle clutch plates are responsible for controlling the transition between electric and gasoline power sources, maximizing overall efficiency. In order to cater to this trend, manufacturers of clutch plates are expanding their product lines to accommodate components unique to electric and hybrid powertrains. This could be in the form of other EV components or creating new products altogether, such as electric powertrain components.
Advancements in Friction Materials
Technological developments in friction materials are strongly influencing the Automotive Passenger Car Clutch Plate Market. Friction materials are critical constituents of clutch plates, which directly influence their performance and service life. The development of such materials is being continuously enhanced by manufacturers to comply with the needs of contemporary vehicles. Carbon composites have become increasingly well-known as friction materials in clutch plates because of their exceptional features. Carbon composites provide high thermal stability, superior frictional characteristics, and low wear rates. Such materials enhance the performance, durability, and overall life of clutch plates. Sintered friction materials, produced through compacting and sintering metal or ceramic powders, are also investigated for use in clutch plates. Sintered materials have excellent heat dissipation characteristics and find applications in high-performance vehicles as well as heavy-duty usage. Improvements in friction materials enable more precise control of the friction coefficient. Variable friction coefficient clutch plates can ensure a smoother engagement and disengagement process, lessening wear and tear as well as enhancing driver comfort.
Growing Emphasis on Sustainability and Recycling
The Automotive Passenger Car Clutch Plate Market is increasingly emphasizing sustainability and recycling measures. This reflects global trends to minimize waste and encourage environmentally friendly manufacturing processes, Manufacturers are considering using recycled material for the manufacture of clutch plates. Recycling used clutch plates and other parts can lower the environmental cost of production and reduce raw material expenses. A few clutch plate manufacturers are achieving environmental certifications as a way of showing their devotion to sustainable activities. Such certifications can involve conforming to global standards for environmental management systems. Minimizing waste in the production processes of clutch plates is a priority. Lean manufacturing practices and waste reduction methods are being applied to reduce material and energy wastage.
Segmental Insights
Type Analysis
The Clutch Plate Market is strategically divided into four segments based on clutch plate size, namelybelow 9 inches, between 9.1 and 10 inches, between 10.1 and 11 inches, and above 11 inches. Notably, the segment covering clutch disc sizes between 10 and 11 inches is expected to dominate during the forecast or projection period. This heightened growth can be attributed to the surging demand for electric vehicles (EVs) in the automotive industry. As the market witnesses a notable shift towards cleaner and more sustainable transportation solutions, there is a growing need for efficient and reliable clutch components within the 10 to 11-inch size range. This increasing interest in EVs is significantly driving the growth prospects of the Clutch Plate market.
Demand Category Analysis
The automotive clutch plate market is segmented into two primary sales channelsoriginal equipment manufacturer (OEM) and aftermarket. OEM sales account for clutch plates supplied directly to automobile manufacturers for installation in new vehicles during the production process. OEMs often require customized clutch plates tailored to their specific vehicle models, making this segment highly competitive.
The aftermarket segment includes clutch plates sold to repair and maintenance service providers as replacement parts for existing vehicles. These clutch plates need to meet the performance standards of the original equipment to ensure safe and efficient operation. The aftermarket segment benefits from the continuous need for clutch plate replacements as vehicles age and undergo wear and tear.
Regional Insights
In comparison to all other regions, Asia-Pacific has the greatest market share, which can be due to the rising demand for vehicles in developing nations like China and India. Additionally, one of the factors influencing the market's growth is the presence of a sizable number of manual transmission vehicles in south-east Asia. The market's second-largest region, Europe, is expected to continue to expand gradually over the course of the projection period.The market is anticipated to expand as a result of factors including rising premium automobile demand, the adoption of practical powertrain systems in the vehicles, and investments made by significant market players.
During the projected period, North America is anticipated to grow quickly and hold a significant market share. The market is expected to grow as a result of factors including the rise in demand and quick adoption of electric vehicles in nations like the USA and Canada with an established automotive infrastructure in the region.
Recent Developments
- ForChangAn's next-generation hybrid transmission technology, Borgwarner workedwith the top Chinese original equipment manufacturer ChangAn vehicle to deliverthe highly integrated electro-hydraulic control unit and small triple clutch P2drive module. This collaboration took place in November 2019.
- Aholding company for Calsonic Kansei Corporation called CK Holdings Co. Ltdstated in May 2019 that it has successfully acquired Magneti Marelli SpA fromFiat Chrysler Automobiles NV.
- Withan equity value of over USD 7 billion, ZF Friedrichshafen AG (ZF) finalized theacquisition of WABCO Holdings Inc. in February 2020 by purchasing all ofWABCO's outstanding shares for USD 136.50 per share in an all-cash deal. Thisacquisition focuses on creating clutches, dampers, chassis parts, systems, andother related parts for automotive applications.
- BorgWarnerrevealed that it had created a novel torque-vectoring dual clutch system forelectric vehicles in October 2019. The system's weight and required truck spaceare greatly decreased by this solution's affordable, compact design.
Key Market Players
- ZF Friedrichshafen AG
- BorgWarnerInc
- ValeoS.A
- EatonCorporation Plc
- FCCCo. Ltd
- Clutch Auto Ltd.
- Schaeffler AG
- EXEDYCorporation
- NSKLtd
- AisinSeiki Co. Ltd
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