In 2032, the global automotive clutch slave cylinder market size to be worth US$ 2.1 billion. According to estimates, the market for automotive clutch slave cylinders would reach US$ 1.5 billion in 2022 and expand at a CAGR of roughly 3% to 4% from 2022 to 2032.
Due to technological improvements and the introduction of high-performance automotive components, the automotive industry has experienced rapid growth over the past few years. For example, sales of automotive clutch slave cylinders are expected to rise due to rising vehicle ownership and usage.
In addition, there has been a worldwide increase in the manufacturing and selling of automobiles, including luxury cars, passenger cars, SUVs, commercial vehicles, and others, due to the rising demand for such vehicles due to the rising need for luxurious transportation. This is impacting the global automotive clutch slave cylinder market outlook.
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Demand for automotive clutch slave cylinders is on the rise due to rising sales of automobiles, which is increasing traffic and road congestion, leading to greater use of clutch systems, more significant wear and tear, and earlier replacement of clutch systems. Increasing safety requirements worldwide are also contributing to the expansion of the automotive clutch slave cylinder market. This is because the automotive industry is expected to be compelled to produce vehicles with more advanced safety systems.
Over the next five years, the industry should expand thanks to the rising demand for luxury automobiles in nations like China and India. Growth in the automotive clutch slave cylinder market is anticipated to speed up over the next five years because of rising middle-class disposable income and the rising number of working women. Due to their superior usability and driving convenience compared to manual transmission vehicles, buyers increasingly lean toward purchasing automobiles with an automatic gearbox. This is a significant market barrier to developing the automotive clutch slave cylinder market.
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Key Takeaways
- Leading automakers are adopting high-performance clutch slave cylinders to improve driving experience and vehicle performance.
- North America’s automobile clutch slave cylinder market is expected to rise.
- Replacing hydraulics with electronic systems and high maintenance costs are slowing the global automotive clutch slave cylinder
- The slave cylinder sector is anticipated to have the largest proportion of the automotive clutch slave cylinder
- Market growth for automotive clutch slave cylinder is expected to be led by the hydraulic tappets sub segment, followed by the hydraulic brakes, hydraulic clutch, and hydraulic suspension markets.
Competitive Landscape
Competition in the automotive clutch slave cylinder market is intense because of the large number of companies operating in the industry, the increasing priority placed on the introduction of innovative products, and the prevalence of methods involving collaboration, agreement, and partnership.
Key players covered in the report include:
- Dorman Products
- Continental Automotive GmbH
- Schaeffler Limited
- FTE Automotive
- Wenzhou Zhuoguan Auto Parts Co., Ltd
- WABCO
- LPR s.r.l.
- AMS Automotive
- YinMau industrial company limited
- MAPCO Autotechnik GmbH
Start-up Ecosystem
The automotive clutch slave cylinder market is growing rapidly due to constant innovations and developments. New manufacturers and start-ups are rising in the industry to capitalise on these rising opportunities. Two of the start-ups operating in the automotive clutch slave cylinder industry are Mr Clutch and Boodmo.
- Mr Clutch
Founded in Australia, Mr Clutch is a clutch maker and distributor. Produces clutch baskets, clutch covers, clutch plates, clutch pressure plates, clutch slave cylinders, clutch springs, and slipper clutch for motorcycles.
- Boodmo
Founded in 2014 in Gurgaon, India, Boodmo is an automobile-related replacement-parts app. In addition to facilitating trade, the site also provides a comprehensive catalogue of OEM replacement components. If you know the make and model of your vehicle, you can search for OEM replacement components. Provides a catalogue of OEM replacement components offered by regional distributors and retailers. Both iOS and Android users can download their app.
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Key Segments Profiled in the Automotive Clutch Slave Cylinder Market Survey
By Working Movement:
- Pull Type Clutch Slave Cylinders
- Push Type Clutch Slave Cylinders
By Location of Installation:
- Bearing Clutch Slave Cylinders
- Concentric Clutch Slave Cylinders
By Vehicle Type:
- Bikes
- Passenger Cars
- SUVs
- Commercial Vans
- Trucks
- Trailers
By Sales Channel:
- Original Equipment Manufacturer (OEM)
- After-Market
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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