In 2032, the global automotive clutch slave cylinder market is projected to be worth USD 2.1 billion. Estimates indicate that the market would reach USD 1.5 billion in 2022, expanding at a CAGR of approximately 3% to 4% from 2022 to 2032.
The automotive industry has experienced rapid growth in recent years due to technological advancements and the introduction of high-performance automotive components. This growth has driven an increase in the sales of automotive clutch slave cylinders, attributed to the rise in vehicle ownership and usage.
Moreover, there has been a global surge in the production and sales of various automobiles, including luxury cars, passenger cars, SUVs, and commercial vehicles. This increase is driven by the rising demand for luxurious transportation, impacting the global automotive clutch slave cylinder market outlook.
The rising sales of automobiles have led to increased traffic and road congestion, resulting in greater use of clutch systems, more significant wear and tear, and earlier replacement of these systems. Additionally, increasing global safety requirements are contributing to the expansion of the automotive clutch slave cylinder market as the automotive industry is compelled to produce vehicles with advanced safety systems.
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Over the next five years, the market is expected to expand due to the rising demand for luxury automobiles in countries such as China and India. The growth of the automotive clutch slave cylinder market is anticipated to accelerate due to increasing disposable income among the middle class and the rising number of working women. However, a significant market barrier is the growing preference for automatic transmission vehicles over manual ones, as they offer superior usability and driving convenience.
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, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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