Dual Clutch Transmission Market Report 2024 (Global Edition)

Global Dual Clutch Transmission Market Report 2024 Market Size Split by Type Outlook: (Dry Clutch Transmission, Wet Clutch Transmission), by Application Outlook: (Passenger Car, OEM Vehicle, Sports Ca...

Dual Clutch Transmission Market Report Description

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Competitive Landscape of the Dual Clutch Transmission Market

Leading companies in the fiercely competitive Dual Clutch Transmission (DCT) market prioritize product differentiation, cost-effectiveness, and innovation. The market is dominated by well-known firms like BorgWarner, ZF Friedrichshafen, Getrag (Magna), and Continental, who use cutting-edge technology to improve performance and fuel economy. R&D expenditures and partnerships with automakers fuel competitive advantages. New competitors are focusing on aftermarket services and reasonably priced solutions, which is escalating rivalry in both domestic and international markets.

In April 2024, The innovative electric dual-clutch gearbox (eDCT) from Stellantis was unveiled at Italy's storied Mirafiori Automotive Park. To build Mirafiori Automotive Park 2030, the business additionally invested over USD 240 million in the property and the Italian car sector. A dual-clutch transmission is coupled with a 21 kW electric motor in the Mirafiori-produced CT. The internal combustion engine can run on the urban cycle for half of the time, thanks to the motor. This is made possible by providing electric propulsion in situations requiring little torque, such as cruising or city driving. (Source:https://www.stellantis.com/en/news/press-releases/2024/april/edct-production-launch-marks-another-milestone-in-240-million-transformation-of-iconic-italian-site-into-mirafiori-automotive-park-2030) In May 2023, Punch Powertrain and Stellantis announced plans to start mass-producing the unique and eagerly awaited eDCT/DT2 transmission. The firms' two joint ventures, "e-Transmissions Assembly" and "e-Transmissions," would start the manufacturing process. The change allows for a lower carbon footprint, which helps the business support the sustainability of the European auto industry. (Source: https://punchpowertrain.com/news/punch-powertrain-stellantis-jvs-start-large-scale-serial-production-of-novel-hybrid-e-dct/) In April 2021, Hyundai Motor unveiled the new Kona N SUV, which offers high-performance features for drivers and an eight-speed wet-type dual-clutch gearbox (N DCT). The Kona N DCT is built on a modified version of their proprietary 8DCT, which has a 2.0-liter turbocharged, direct-injected engine, dual-clutch transmission, and eight speeds. (Source: https://www.hyundai.com/worldwide/en/newsroom/detail/all-new-kona-n-with-eight-speed-n-dct-and-2.0-turbo-engine-provides-uncompromising-performance-to-hyundai-customers-0000000539)

Top Companies Market Share in Dual Clutch Transmission Industry: (In no particular order of Rank)

• ZF Friedrichshafen AG
• BorgWarner Inc.
• AISIN CORPORATION
• Schaeffler AG
• Magna International Inc.
• Continental AG
• HYUNDAI TRANSYS
• Valeo SA
• Punch Powertrain
• GKN Automotive
• Allison Transmission
• Inc.
• Ricardo
• TREMEC
• Eaton Cummins Automated Transmission Technologies
• Fiat Powertrain Technologies (FPT Industrial).
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Dual Clutch Transmission Market

Which Region Dominates the Dual Clutch Transmission Market in 2024?

According to Cognitive Market Research, North America currently dominates the Dual Clutch Transmissions market, and the region is expected to have significant growth during the projected period. The market for dual-clutch transmissions (DCTs) is expected to develop in North America due to rising demand for fuel-efficient automobiles and cutting-edge automotive technologies. The introduction of DCTs in passenger and performance vehicles is being accelerated by the region's thriving automotive industry, which places a high priority on innovation. Government subsidies for energy-efficient products and strict emission standards additionally support the market. Consumer preferences for responsive and smooth driving experiences support DCT incorporation in premium and sports cars. The market's growth in North America is also anticipated to be greatly aided by investments in electric and hybrid vehicles, where DCTs improve performance and energy efficiency.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). Due to expanding disposable incomes, a burgeoning automotive sector, and rapid urbanization, Asia Pacific is expected to play a significant role in driving the Dual Clutch Transmission (DCT) market. Nations like China, Japan, and South Korea are spearheading the use of cutting-edge transmission systems in both conventional and electric vehicles. As the market for high-performance, fuel-efficient cars grows, DCTs are starting to gain traction. Furthermore, the area's robust manufacturing sector and developments in DCT design technology are increasing production capacities. Government initiatives encouraging sustainability and the rising popularity of electric and hybrid cars both contribute to the market's growth in Asia Pacific.

The current report Scope analyzes Dual Clutch Transmission Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Dual Clutch Transmission

According to Cognitive Market Research, the global Dual Clutch Transmission market size was estimated at USD 99614.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 39845.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Dual Clutch Transmission market with a market size of USD 31438.34 million in 2024 and is projected to grow at a CAGR of 7.7% during the forecast period. Because DCT systems provide smooth, rapid gear changes and improved acceleration, the US has a strong preference for luxury and performance-oriented automobiles.
• The Canada Dual Clutch Transmission market had a market share of USD 4781.50 million in 2024 and is projected to grow at a CAGR of 8.7% during the forecast period. The usage of DCTs to optimize power distribution between internal combustion engines and electric motors in hybrid models is growing as Canada speeds up the deployment of electric and hybrid vehicles.
• The Mexico Dual Clutch Transmission market is projected to witness growth at a CAGR of 8.4% during the forecast period, with a market size of USD 3625.97 million in 2024.

Europe Dual Clutch Transmission

According to Cognitive Market Research, the global Dual Clutch Transmission market size was estimated at USD 99614.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 29884.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.

• The United Kingdom Dual Clutch Transmission market had a market share of USD 5020.57 million in 2024 and is projected to grow at a CAGR of 9.0% during the forecast period. The UK's stringent emission regulations encourage automakers to use DCTs because of their advantages in fuel economy, particularly for small and mid-sized vehicles.
• The France Dual Clutch Transmission market is projected to witness growth at a CAGR of 7.4% during the forecast period, with a market size of USD 2749.36 million in 2024.
• According to Cognitive Market Research, the German Dual Clutch Transmission market size was valued at USD 5917.10 million in 2024 and is projected to grow at a CAGR of 8.4% during the forecast period. In Germany, the automobile industry places a high priority on innovation, which fuels the need for cutting-edge transmission technologies like DCT to be competitive in the worldwide market.
• The Italy Dual Clutch Transmission market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 2570.05 million in 2024.
• The Russia Dual Clutch Transmission market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 4632.07 million in 2024.
• The Spain Dual Clutch Transmission market is projected to witness growth at a CAGR of 7.3% during the forecast period with a market size of USD 2450.52 million in 2024
• The Luxembourg Dual Clutch Transmission market is projected to witness growth at a CAGR of 8.3% during the forecast period, with a market size of USD 926.41 million in 2024.
• The Portugal Dual Clutch Transmission market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 627.57 million in 2024.
• The Greece Dual Clutch Transmission market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 358.61 million in 2024.
• The Rest of Europe's Dual Clutch Transmission market is projected to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD 4632.07 million in 2024.

Asia Pacific Dual Clutch Transmission

According to Cognitive Market Research, the global Dual Clutch Transmission market size was estimated at USD 99614.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 22911.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.

• According to Cognitive Market Research, the China Dual Clutch Transmission market size was valued at USD 10310.10 million in 2024 and is projected to grow at a CAGR of 11.2% during the forecast period. Dual Clutch Transmission surged in China due to the Increased focus of the manufacturers and major market players.
• The Japan Dual Clutch Transmission market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 3161.76 million in 2024.
• The India Dual Clutch Transmission market had a market share of USD 2749.36 million in 2024 and is projected to grow at a CAGR of 13.5% during the forecast period. India's fuel-efficient vehicles, such as small cars with DCT systems, are becoming more and more popular as the middle class and salaries rise .
• The South Korean Dual Clutch Transmission market is projected to witness growth at a CAGR of 10.8% during the forecast period, with a market size of USD 2291.13 million in 2024.
• The Australian Dual Clutch Transmission market is projected to witness growth at a CAGR of 11.4% during the forecast period, with a market size of USD 1191.39 million in 2024.
• The South East Asia Dual Clutch Transmission market is projected to witness growth at a CAGR of 12.7% during the forecast period, with a market size of USD 1580.88 million in 2024.
• The Rest of Asia Pacific Dual Clutch Transmission market is projected to witness growth at a CAGR of 11.5% during the forecast period, with a market size of USD 1626.70 million in 2024.

South America Dual Clutch Transmission

According to Cognitive Market Research, the global Dual Clutch Transmission market size was estimated at USD 99614.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 4980.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Dual Clutch Transmission market size was valued at USD 2131.75 million in 2024 and is projected to grow at a CAGR of 9.7% during the forecast period. Dual Clutch Transmissions flourished in Brazil due to government incentives for eco-friendly vehicles.
• Argentina's Dual Clutch Transmission market had a market share of USD 836.76 million in 2024 and is projected to grow at a CAGR of 10.0% during the forecast period. DCTs' performance and fuel-saving advantages, particularly in small cars, are driving the automotive industry in Argentina to embrace them in response to growing fuel prices and environmental concerns.
• Colombia Dual Clutch Transmission market is projected to witness growth at a CAGR of 8.9% during the forecast period, with a market size of USD 443.28 million in 2024.
• Peru Dual Clutch Transmission market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 408.42 million in 2024.
• Chile's Dual Clutch Transmission market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD 358.61 million in 2024.
• The Rest of Latin America's Dual Clutch Transmission market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 801.90 million in 2024.

Middle East and Africa Dual Clutch Transmission

According to Cognitive Market Research, the global Dual Clutch Transmission market size was estimated at USD 99614.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 1992.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031..

• The GCC Countries Dual Clutch Transmission market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 852.70 million in 2024. Dual Clutch Transmission sales flourish due to the consumer demand being driven by a growing understanding of the advantages of DCTs.
• The Egypt Dual Clutch Transmission market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 209.19 million in 2024.
• The South Africa Dual Clutch Transmission market is projected to witness growth at a CAGR of 10.4% during the forecast period, with a market size of USD 314.78 million in 2024. Dual Clutch Transmission sales flourished in South Africa because DCTs can help increase vehicle safety by facilitating greater traction control and faster gear changes.
• The Turkey Dual Clutch Transmission market is projected to witness growth at a CAGR of 8.9% during the forecast period, with a market size of USD 171.34 million in 2024.
• The Nigeria Dual Clutch Transmission market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 209.19 million in 2024.
• The Rest of the MEA Dual Clutch Transmission market is projected to witness growth at a CAGR of 8.4% during the forecast period, with a market size of USD 235.09 million in 2024.

Dual Clutch Transmission Market Analysis

How are Segments Performing in the Global Dual Clutch Transmission Market?

Dual Clutch Transmission Market Type Segment Analysis

According to Cognitive Market Research, dry clutch transmission is likely to dominate the Dual Clutch Transmission Market over the forecast period. Dry clutch transmissions are becoming more and more popular in the Dual Clutch Transmission (DCT) market because they are more affordable, lighter, and more efficient than wet clutches. Due to their increased performance and lower maintenance costs, dry clutches that do not require a lubrication system are becoming more and more common in automotive applications, especially in entry-level and mid-range cars. Car manufacturers are using dry clutch systems in DCTs due to the push toward more economical and fuel-efficient automobiles. Dry clutch DCTs should continue to be in high demand as manufacturers look to strike a compromise between performance and cost.

The wet clutch transmission is the fastest-growing segment in the Dual Clutch Transmission Market. Wet clutch transmissions are still in high demand in the Dual Clutch Transmission (DCT) market, especially for heavy-duty and high-performance automobiles. Wet clutches are more durable and heat resistant than dry clutches because they use lubrication to cool and ensure smooth functioning. This makes them perfect for cars with more torque and harsh driving situations, like trucks, sports cars, and luxury cars. Wet clutches are still preferred in high-end markets because they offer smoother shifting and improved performance under pressure. Wet clutch systems are essential to achieving increasing performance standards.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Dual Clutch Transmission Industry. Request a Free Sample PDF!

Dual Clutch Transmission Market Application Segment Analysis

According to Cognitive Market Research, the passenger car segment holds the largest share of the market. The market for dual-clutch transmissions (DCTs) is expanding rapidly in passenger cars because of their capacity to provide better driving performance, quicker gear changes, and increased fuel efficiency. Due to its responsive and smooth driving, DCTs are becoming more and more popular in luxury cars, sports cars, and even regular passenger cars. Automakers are using DCTs to satisfy consumer demands for vehicles that are both high-performance and fuel-efficient. Furthermore, the increasing popularity of electric and hybrid cars encourages the use of DCTs in passenger cars since they provide improved economy and torque delivery.

In the Dual Clutch Transmission Market, the sports car has been expanding at a rapid pace. Dual Clutch Transmissions (DCTs) are becoming more and more popular in sports car applications because of their capacity to provide better driving dynamics, rapid gear changes, and higher performance. DCTs provide a smooth gear change, which is crucial for high-performance sports cars because they enable quicker acceleration and a more responsive driving experience. Their capacity to manage high power output while maintaining fuel efficiency makes them perfect for producers of sports cars. DCT systems are increasingly being used in the design and development of contemporary sports automobiles as consumer demands for efficiency, speed, and accuracy increase.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Dual Clutch Transmission Transmission Outlook: Segment Analysis

Dual Clutch Transmission Market Transmission Segment Analysis

According to Cognitive Market Research, the ICE segment holds the largest market share. The Dual Clutch Transmission (DCT) system is gaining popularity in Internal Combustion Engine (ICE) vehicles due to its ability to provide improved performance, faster gear changes, and enhanced fuel efficiency. In order to create a more responsive and smooth ride, DCTs are increasingly being employed in internal combustion engine (ICE) vehicles, especially in high-performance, luxury, and sports vehicles. DCTs are becoming more and more popular in ICE vehicle applications as consumer tastes shift toward vehicles with better performance and fuel efficiency. This aids automakers in meeting pollution standards and improving the overall efficiency of their vehicles.

In the Dual Clutch Transmission market, the rapidly growing sector is the hybrid category. Dual Clutch Transmissions (DCT) are becoming more and more popular in hybrid cars as manufacturers strive to increase performance and fuel economy. DCTs provide smooth and effective power delivery by effortlessly switching between the internal combustion engine (ICE) and electric motor, making them perfect for hybrid transmissions. In hybrid vehicles, which necessitate the effective integration of both power sources, DCTs improve the driving experience by facilitating rapid gear shifts and optimizing torque control. As the market for hybrid vehicles expands, DCT usage is anticipated to rise in tandem with the need for cutting-edge, fuel-efficient automotive technologies.

• ICE
• Hybrid

Dual Clutch Transmission Vehicle Type Outlook: Segment Analysis

Dual Clutch Transmission Market Vehicle Type Segment Analysis

According to Cognitive Market Research, the SUV segment dominates the market. The need for improved performance, fuel economy, and smooth driving experiences is driving up demand for SUVs with Dual Clutch Transmissions (DCT) systems. DCTs are perfect for SUVs, which frequently need to handle high power and varied terrain efficiently because they offer faster gear changes and improved torque management. DCTs are being used to provide the advantages of both manual and automatic transmissions as consumer preferences move toward SUVs with better performance and fuel economy. As the market for high-performance, fuel-efficient SUVs continues to expand, DCTs are becoming a crucial part of this market.

Hatchback/Sedan is projected to be the fastest-growing segment in the Dual Clutch Transmission market. The need for better performance, smoother driving, and more fuel efficiency is driving up demand for Dual Clutch Transmission (DCT) systems in hatchback and sedan cars. In small and medium-sized cars, DCTs improve the driving experience by providing rapid gear changes and ideal torque distribution. DCTs are increasingly being incorporated into hatchbacks and sedans to provide a balance between performance and comfort, as buyers want vehicles that are more responsive and fuel-efficient. This increasing use is in line with manufacturers' attempts to satisfy emissions regulations and consumer demands for cutting-edge, highly capable, and fuel-efficient automobiles.

• Hatchback/Sedan
• SUV
• LCV
• HCV

Dual Clutch Transmission Distribution Channel Outlook: Segment Analysis

Dual Clutch Transmission Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the OEM segment dominates the market. The growth of the Dual Clutch Transmission (DCT) market is significantly influenced by the OEM (Original Equipment Manufacturer) distribution channel. In order to satisfy consumer demand for improved performance, fuel economy, and driving comfort, automakers are progressively adding DCT systems to their cars. The OEM channel is driving the use of DCTs as manufacturers concentrate on incorporating innovative gearbox technologies into luxury, performance, and mass-market automobiles. For smooth integration, collaborations between transmission providers and automakers are crucial, guaranteeing that DCT systems satisfy the exacting requirements of OEMs for efficiency, quality, and longevity.

Aftermarket is projected to be the fastest-growing segment in the Dual Clutch Transmission market. The Dual Clutch gearbox (DCT) market's aftermarket distribution channel is expanding as car owners look for ways to modify and replace existing gearbox systems. As cars with DCT get older, there is a greater need for upkeep, repairs, and replacements. Clutches, electronic control units, and other transmission components are among the DCT parts and components that aftermarket vendors provide to guarantee peak performance. The expansion of independent repair shops and internet platforms has also increased the number of DCT goods available in the aftermarket, meeting the needs of the increasing number of vehicles with DCTs in different market sectors.

• OEM
• Aftermarket

Dual Clutch Transmission Forward Gears Outlook: Segment Analysis

• 6
• 7
• 8
• above

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

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An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile & Transportation vertical.

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