The dual-clutch transmission market is likely to thrive at a CAGR of 9.8% during the forecast period. The market is anticipated to cross a market share of US$ 52.1 billion by 2033, while it holds a revenue of US$ 20.4 billion in 2023.
Dual clutch transmissions are becoming more essential as more companies opt to use the newest gears in both high-performance and consumer cars. Governments are expanding their R&D projects for smoother, quicker, and more efficient mobility, which is causing the automobile industry to expand. Sales of dual-clutch gearboxes are increased as a result. End users are rushing to get behind the wheel as inexpensive passenger automobiles are becoming more widely available and per capita income is rising. Modern transmission technologies, such as dual-clutch systems, help to increase the level of luxury in a vehicle.
Some governments throughout the world have mandated the use of this type of gearbox since it decreases fuel consumption and improves the sustainability of automobiles.
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The US market for dual-clutch transmission holds the biggest market share and is expected to cross the biggest anticipated values of US$ 35500 Mn by 2033. The growth rate is rising for the US market as the market thrived at a lower CAGR of 7.1% between 2017 and 2022.
The Indian market for dual-clutch transmission thrives at the highest CAGR of 26.5% during the forecast period while expecting revenue of US$ 18895.05 million by 2033. The regional market thrived at a slightly lower CAGR of 23.6% during the previous forecast period.
The research report of FMI states that the dry clutch segment continues to lead the product type category with a CAGR of 9.1% between 2023 and 2033.
Based on vehicle type, the passenger vehicles segment thrived at a CAGR of 9.6% between 2023 and 2033, while the segment flourished at a higher CAGR of 10.0% between 2017 and 2022
Companies operating in the dual-clutch transmission market are focusing on building trust and reliability between the technology provided and the end user. The lower chances of gearbox damage, faster gear shifts, and increased acceleration are some of the factors that transform the market dynamics.
Thus, the user’s comfort, trust, and experience come first, while higher penetration ensured through MoU also helps in making the market competition tight and performative. Key players in the market are ZF Friedrichshafen AG, Getrag, BorgWarner Inc., Eaton, GKN Driveline, and Continental.
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Recent Market Developments
- Indian tier-1 manufacturers of the automotive component have developed indigenously built automated manual transmission and dual-clutch transmission. These systems are likely to be a part of the upcoming TATA motors.
- Magna International has secured business for the installation of next-generation hybrid dual-clutch transmission (HDT) and DCT with the launching in 2025 with Mercedes-Benz.
Dual-clutch transmission Market by Category
By Vehicle Type:
- Passenger Vehicles
- Commercial Vehicles
By Product Type:
- Dry Clutch
- Wet Clutch
- North America
- Latin America
- South Asia & Pacific
- East Asia
- Middle East & Africa (MEA)
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