Dual Clutch Transmission Market Size - Global Industry, Share, Analysis, Trends and Forecast 2022 - 2030
Select Access Type
The Global Dual Clutch Transmission Market Size accounted for USD 32.7 Billion in 2021 and is projected to achieve a market size of USD 52.6 Billion by 2030 rising at a CAGR of 5.5% from 2022 to 2030. DCT, which stands for dual-clutch transmission, is a type of automated manual transmission (AMT) that has two clutches rather than one. They are becoming more popular as a result of their superior fuel economy and performance over standard automatic transmissions. The presence of dual clutches on a DCT makes a significant difference because odd-numbered gears can be controlled by one clutch while even-numbered gears are handled by the other. This allows DCT to pre-load the next gear, allowing for nearly instantaneous gear changes as one clutch disengages the current gear milliseconds before the other clutch engages the next gear.
Dual Clutch Transmission (DCT) Market Report Statistics
- Global dual clutch transmission market revenue is estimated to reach USD 52.6 Billion by 2030 with a CAGR of 5.5% from 2022 to 2030
- Asia-Pacific dual clutch transmission market share accounted for over 30% shares in 2021
- Europe dual clutch transmission market growth will register quick CAGR from 2022 to 2030
- Based on clutches, dry acquired over 65% of the overall market share in 2021
- Growing inclination towards sports car will fuel the global dual clutch transmission market value
- Surging import of transmission is a popular dual clutch transmission market trend that is fueling the industry demand
COVID-19 Impact on the Global Dual Clutch Transmission DCT Market
COVID-19 had a negative impact on the global DCT market, resulting in sluggish growth during the analysis period. According to the Automotive Innovation report, the auto industry, is still dealing with the after effects of global pandemic that is taking an unprecedented toll on individuals, communities, and economy. Faced with shuttered factories and dwindling sales, the industry is stepping up and will continue to do so in the coming years. Vehicle manufacturing did not stop working; rather, it innovated by redeploying supply chains, leveraging purchasing networks, and utilizing precision manufacturing prowess to ensure smooth supply.
Global Dual Clutch Transmission Market Dynamics
Market Drivers
- Strict regulations against vehicle emissions
- Rising demand for luxury vehicles
- Strong presence of manufacturing units
Market Restraints
- Growing trend of electric vehicles
- High cost associated with DCTs
Market Opportunities
- On-going research & development activities
- Increasing focus on integrated hybrid DCT’s
Dual Clutch Transmission Market Report Coverage
Market | Dual Clutch Transmission Market |
Dual Clutch Transmission Market Size 2021 | USD 32.7 Billion |
Dual Clutch Transmission Market Forecast 2030 | USD 52.6 Billion |
Dual Clutch Transmission Market CAGR During 2022 - 2030 | 5.5% |
Dual Clutch Transmission Market Analysis Period | 2018 - 2030 |
Dual Clutch Transmission Market Base Year | 2021 |
Dual Clutch Transmission Market Forecast Data | 2022 - 2030 |
Segments Covered | By Clutches, By Vehicle, By Transmission, By Distribution Channel, And By Geography |
Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled | ZF Friedrichshafen AG, Magna PT, BorgWarner Inc., Eaton Corporation plc, Honda Motor Company, GKN Automotive, Continental AG, Hyundai Motor Company, Punch Powertrain Nanjing, Schaeffler Technologies AG & Co. among others |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Dual Clutch Transmission Market Growth Factors
DCT Has Gained Significant Attention in the Worldwide Market Due To Its Applicability and Is Highly Implemented By the Automakers
According to the SAE International report, car manufacturers are currently dealing with a number of constraints related to energy efficiency, high performance, driving comfort, reliability, and safety. Automakers must adapt driveline designs to different markets on a global scale. Renault, for example, recently announced its model-based Motorcycles Sports Carering (MBSE) approach, which includes a new DCT as well as validation and optimization of control strategies. The new Getrag DCT, which has seven gears, is being integrated into C-segment vehicles such as the Renault Megane or Scenic, and is being widely applied to other vehicle ranges. Such factors have witnessed a lot of attention in the global market.
Rising Awareness Related To Dual Clutch Transmission (DCT) Coupled With Safety Has Gained High Importance In The Worldwide Market
According to the JSTOR report, DCTs provide full shift comfort of traditional step automatics while significantly improving fuel efficiency and performance. Furthermore, DCTs can achieve up to 15% better fuel efficiency than manual transmissions when compared to planetary ATs because they are the first automatics to offer better values than manual transmissions. Furthermore, low hysteresis, direct acting solenoids allow for precise and fast clutch control, which is critical for the DCT function. These factors contribute to the global DCT market's expansion.
Dual Clutch Transmission Market Segmentation
The global dual clutch transmission (DCT) market is segmented based on clutches, vehicle, transmission, and distribution channel. By clutches, the market is split into dry and wet. By vehicle, the market is segmented as passenger car, OEM vehicle, sports car, and motorcycles. By transmission, the market is bifurcated into ICE and hybrid. Furthermore, the distribution channel is classified into OEM and aftermarket.
Dry clutches will gain prominence in the global market, contributing to the ultimate growth of the dual clutch transmission (DCT) market. Dry clutches works by combining high efficiency of manual gearbox transmission with low drag of dry clutch; thereby allowing higher fuel saving and lower CO2 emissions. Furthermore, it eliminates torque interruption during gear shifting process to improve driving experience and faster Motorcycles response. Such factors have a positive impact on segmental growth, ultimately contributing to the overall growth of the dual clutch transmission market (DCT).
OEM to maintain its lead in the global dual clutch transmission (DCT) market by capturing a sizable share during the analysis period. This is because OEMs have long-term supply agreements and contracts with existing automobile manufacturers that ensure a steady supply of spare parts used in dual clutch transmissions (DCT). This is one of the key factors responsible for overall segmental growth, which in turn contributes to overall market growth of the dual clutch transmission (DCT) market.
Dual Clutch Transmission Market By Clutches
- Dry
- Wet
Dual Clutch Transmission Market By Vehicle
- Passenger Car
- OEM Vehicle
- Sports Car
- Motorcycles
Dual Clutch Transmission Market By Transmission
- ICE
- Hybrid
Dual Clutch Transmission Market By Distribution Channel
- OEM
- Aftermarket
Dual Clutch Transmission Market Regional Outlook
North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Dual Clutch Transmission (DCT) Market Regional Analysis
Asia-Pacific holds the dominating share for dual clutch transmission (DCT) market; also expected to record considerable growth during the analysis period of 2022 to 2030
Asia-Pacific is expected to maintain its dominant position in the dual clutch transmission market throughout the forecast period. China is the leading contributor for dual clutch transmission in APAC. China's influence on the global market for dual clutch transmission continues to grow steadily as DCT systems from Chinese manufacturing plants are actively used in several European cars. This is one of the main reasons for the regional domination in dual clutch transmission (DCT) in the world.
Europe on the other hand, is expected to have the fastest growing CAGR for the dual clutch transmission (DCT) market between 2022 and 2030. According to the International Council on Clean Transportation (ICCT) report, DCTs are popular in Europe because manual transmissions have a large market share in Europe and customers are accustomed to the launch quality of manual transmissions, which is not the case in the United States. Furthermore, European manufacturers are testing various options based on expertise with manual transmission experience (primarily European based manufacturers) and are implementing DCTs with or without torque converters. Other enhancements to DCTs involving electro-mechanical clutch actuation (rather than hydraulic) are also on the way.
Dual Clutch Transmission Market Players
The dual clutch transmission (DCT) market is highly competitive influenced due to presence of consolidated players accounting major market share. The prominent players of the global dual clutch transmission market involve ZF Friedrichshafen AG, Magna PT, BorgWarner Inc., Eaton Corporation plc, Honda Motor Company, GKN Automotive, Continental AG, Hyundai Motor Company, Punch Powertrain Nanjing, and Schaeffler Technologies AG & Co. among others.