The dual clutch transmission market size has grown strongly in recent years. It will grow from $30.68 billion in 2024 to $32.72 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to performance enhancement, fuel efficiency regulations, the rise of automated manual transmissions, growing popularity in premium vehicles, and increased consumer demand for automatic transmissions.
The dual clutch transmission market size is expected to see strong growth in the next few years. It will grow to $42.75 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to hybrid and electric vehicle integration, global demand for fuel efficiency, urbanization and traffic conditions, market expansion in Asia-Pacific, and advancements in transmission materials. Major trends in the forecast period include autonomous driving technologies, advancements in transmission technology, compact and lightweight designs, enhanced durability and reliability, and increased integration with hybrid systems.
The anticipated growth in the dual-clutch transmission market is expected to be driven by the rising demand for luxury vehicles. Luxury vehicles, characterized by high-quality interiors and exclusive features, benefit from dual-clutch transmissions, providing swift and efficient gear shifts along with enhanced fuel efficiency. For instance, in April 2022, Tesla Inc., a US-based automotive company, reported delivering 310,000 vehicles in the first quarter of 2022, marking a substantial 68% increase compared to 2021's production of 185,000 vehicles. Consequently, the increasing demand for luxury vehicles is a key factor propelling the growth of the dual-clutch transmission market.
The significant driver for the dual-clutch transmission market is the growing adoption of electric vehicles (EVs). Electric vehicles, which rely on electric power as their primary propulsion source, often utilize dual-clutch transmissions for their efficiency. The surge in electric and hybrid vehicle adoption contributes to the demand for dual-clutch transmissions, aligning with the increasing popularity of alternative propulsion systems. As of July 2023, the International Energy Agency reported a remarkable expansion in the electric car market, with sales surpassing 10 million in 2022. The global market share for electric cars tripled over three years, reaching 14% in 2022 from 4% in 2020. Notably, electric vehicle sales in China, Europe, and the United States have shown substantial growth. Hence, the increasing adoption of electric vehicles (EVs) significantly drives the growth of the dual-clutch transmission market.
The dual-clutch transmission market is witnessing a notable trend of product innovation, with major companies in the sector actively developing innovative solutions to maintain their market positions. For instance, in March 2022, Punch Powertrain, a Belgium-based auto parts manufacturing company, introduced its innovative dual-clutch transmission (DCT) system, DT11. This system not only demonstrated reliable performance but also offered enhanced driving comfort, even in challenging conditions such as extreme temperatures, high altitudes, and challenging driving scenarios such as uneven roads and stop-and-go traffic.
Major players in the dual-clutch transmission market are engaging in strategic partnerships to foster product development and strengthen their market presence. Strategic partnerships involve companies leveraging each other's strengths and resources for mutual benefits and success. As an example, in September 2022, Stellantis N.V., a Netherlands-based automotive manufacturing company, collaborated with Punch Powertrain, a Belgium-based dual-clutch transmission manufacturer, to increase the production of electrified dual-clutch transmissions. This partnership aims to incorporate electrified dual-clutch transmission technology into Stellantis hybrid and plug-in hybrid vehicles. The collaboration's expansion includes the addition of another site at the Mirafiori Complex in Italy, broadening the scope of their strategic partnership in the electrification domain.
In September 2022, TATA AutoComp Systems Limited, an automotive supplier based in India, formed a partnership with Punch Powertrain to develop innovative and sustainable mobility solutions. This collaboration led to the establishment of a new joint venture (JV) responsible for the design, manufacturing, marketing, and sales of the advanced compact dual clutch transmission design (DT1) in both India and international markets. Furthermore, the JV will engage in various activities to supply Punch Powertrain's conventional-hybrid dual clutch transmissions (DCTs), continuously variable transmissions (CVTs), and electric vehicle (EV) reducers to clients in India. Punch Powertrain is a Belgium-based company that specializes in dual clutch transmission (DCT) systems.
Major companies operating in the dual clutch transmission market include Volkswagen AG, General Motors Company, BMW AG, Honda Motor Co Ltd., Hyundai Motor Company, Nissan Motor Co. Ltd., Audi AG, Kia Corporation, ZF Friedrichshafen AG, AB Volvo, Continental AG, Porsche AG, Magna International Inc, Aisin Seiki Co., Eaton Corporation, Schaeffler Technologies AG & Co. KG, BorgWarner Inc., GKN Automotive Limited, Aston Martin Lagonda Global Holdings PLC, Ricardo PLC, Tremec Corporation, Punch Powertrain NV, Getrag Inc, JATCO Ltd.
Asia-Pacific was the largest region in the dual-clutch transmission market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the dual clutch transmission market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dual clutch transmission market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
A dual-clutch transmission is a type of automotive transmission system that incorporates a dual-clutch module and two input shafts, combining the characteristics of both manual and automatic transmissions. This system is engineered to deliver swift gear changes without compromising fuel efficiency or ride comfort.
The primary components of dual-clutch transmissions are dry and wet clutches. A dry clutch utilizes friction materials, such as metal plates, without lubrication from substances such as oil or water. These transmissions are available through various channels, including OEM (original equipment manufacturer) and the aftermarket, for applications in passenger cars, heavy commercial vehicles, light commercial vehicles, and motorsport cars. The distribution encompasses both internal combustion engine (ICE) and hybrid propulsion.
The dual-clutch transmission research report is one of a series of new reports that provides dual-clutch transmission market statistics, including the dual-clutch transmission industry's global market size, regional shares, competitors with dual-clutch transmission market share, detailed dual-clutch transmission market segments, market trends and opportunities, and any further data you may need to thrive in the dual-clutch transmission industry. This dual-clutch transmission market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The dual-clutch transmission market consists of sales of planet gear, crown wheel, gear assembly, reverse idler gear and shaft, ring gear, and secondary shaft. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The dual clutch transmission market size is expected to see strong growth in the next few years. It will grow to $42.75 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to hybrid and electric vehicle integration, global demand for fuel efficiency, urbanization and traffic conditions, market expansion in Asia-Pacific, and advancements in transmission materials. Major trends in the forecast period include autonomous driving technologies, advancements in transmission technology, compact and lightweight designs, enhanced durability and reliability, and increased integration with hybrid systems.
The anticipated growth in the dual-clutch transmission market is expected to be driven by the rising demand for luxury vehicles. Luxury vehicles, characterized by high-quality interiors and exclusive features, benefit from dual-clutch transmissions, providing swift and efficient gear shifts along with enhanced fuel efficiency. For instance, in April 2022, Tesla Inc., a US-based automotive company, reported delivering 310,000 vehicles in the first quarter of 2022, marking a substantial 68% increase compared to 2021's production of 185,000 vehicles. Consequently, the increasing demand for luxury vehicles is a key factor propelling the growth of the dual-clutch transmission market.
The significant driver for the dual-clutch transmission market is the growing adoption of electric vehicles (EVs). Electric vehicles, which rely on electric power as their primary propulsion source, often utilize dual-clutch transmissions for their efficiency. The surge in electric and hybrid vehicle adoption contributes to the demand for dual-clutch transmissions, aligning with the increasing popularity of alternative propulsion systems. As of July 2023, the International Energy Agency reported a remarkable expansion in the electric car market, with sales surpassing 10 million in 2022. The global market share for electric cars tripled over three years, reaching 14% in 2022 from 4% in 2020. Notably, electric vehicle sales in China, Europe, and the United States have shown substantial growth. Hence, the increasing adoption of electric vehicles (EVs) significantly drives the growth of the dual-clutch transmission market.
The dual-clutch transmission market is witnessing a notable trend of product innovation, with major companies in the sector actively developing innovative solutions to maintain their market positions. For instance, in March 2022, Punch Powertrain, a Belgium-based auto parts manufacturing company, introduced its innovative dual-clutch transmission (DCT) system, DT11. This system not only demonstrated reliable performance but also offered enhanced driving comfort, even in challenging conditions such as extreme temperatures, high altitudes, and challenging driving scenarios such as uneven roads and stop-and-go traffic.
Major players in the dual-clutch transmission market are engaging in strategic partnerships to foster product development and strengthen their market presence. Strategic partnerships involve companies leveraging each other's strengths and resources for mutual benefits and success. As an example, in September 2022, Stellantis N.V., a Netherlands-based automotive manufacturing company, collaborated with Punch Powertrain, a Belgium-based dual-clutch transmission manufacturer, to increase the production of electrified dual-clutch transmissions. This partnership aims to incorporate electrified dual-clutch transmission technology into Stellantis hybrid and plug-in hybrid vehicles. The collaboration's expansion includes the addition of another site at the Mirafiori Complex in Italy, broadening the scope of their strategic partnership in the electrification domain.
In September 2022, TATA AutoComp Systems Limited, an automotive supplier based in India, formed a partnership with Punch Powertrain to develop innovative and sustainable mobility solutions. This collaboration led to the establishment of a new joint venture (JV) responsible for the design, manufacturing, marketing, and sales of the advanced compact dual clutch transmission design (DT1) in both India and international markets. Furthermore, the JV will engage in various activities to supply Punch Powertrain's conventional-hybrid dual clutch transmissions (DCTs), continuously variable transmissions (CVTs), and electric vehicle (EV) reducers to clients in India. Punch Powertrain is a Belgium-based company that specializes in dual clutch transmission (DCT) systems.
Major companies operating in the dual clutch transmission market include Volkswagen AG, General Motors Company, BMW AG, Honda Motor Co Ltd., Hyundai Motor Company, Nissan Motor Co. Ltd., Audi AG, Kia Corporation, ZF Friedrichshafen AG, AB Volvo, Continental AG, Porsche AG, Magna International Inc, Aisin Seiki Co., Eaton Corporation, Schaeffler Technologies AG & Co. KG, BorgWarner Inc., GKN Automotive Limited, Aston Martin Lagonda Global Holdings PLC, Ricardo PLC, Tremec Corporation, Punch Powertrain NV, Getrag Inc, JATCO Ltd.
Asia-Pacific was the largest region in the dual-clutch transmission market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the dual clutch transmission market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dual clutch transmission market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
A dual-clutch transmission is a type of automotive transmission system that incorporates a dual-clutch module and two input shafts, combining the characteristics of both manual and automatic transmissions. This system is engineered to deliver swift gear changes without compromising fuel efficiency or ride comfort.
The primary components of dual-clutch transmissions are dry and wet clutches. A dry clutch utilizes friction materials, such as metal plates, without lubrication from substances such as oil or water. These transmissions are available through various channels, including OEM (original equipment manufacturer) and the aftermarket, for applications in passenger cars, heavy commercial vehicles, light commercial vehicles, and motorsport cars. The distribution encompasses both internal combustion engine (ICE) and hybrid propulsion.
The dual-clutch transmission research report is one of a series of new reports that provides dual-clutch transmission market statistics, including the dual-clutch transmission industry's global market size, regional shares, competitors with dual-clutch transmission market share, detailed dual-clutch transmission market segments, market trends and opportunities, and any further data you may need to thrive in the dual-clutch transmission industry. This dual-clutch transmission market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The dual-clutch transmission market consists of sales of planet gear, crown wheel, gear assembly, reverse idler gear and shaft, ring gear, and secondary shaft. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Dual Clutch Transmission Market Characteristics3. Dual Clutch Transmission Market Trends and Strategies4. Dual Clutch Transmission Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Dual Clutch Transmission Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Dual Clutch Transmission Market34. Recent Developments in the Dual Clutch Transmission Market
5. Global Dual Clutch Transmission Growth Analysis and Strategic Analysis Framework
6. Dual Clutch Transmission Market Segmentation
7. Dual Clutch Transmission Market Regional and Country Analysis
8. Asia-Pacific Dual Clutch Transmission Market
9. China Dual Clutch Transmission Market
10. India Dual Clutch Transmission Market
11. Japan Dual Clutch Transmission Market
12. Australia Dual Clutch Transmission Market
13. Indonesia Dual Clutch Transmission Market
14. South Korea Dual Clutch Transmission Market
15. Western Europe Dual Clutch Transmission Market
16. UK Dual Clutch Transmission Market
17. Germany Dual Clutch Transmission Market
18. France Dual Clutch Transmission Market
19. Italy Dual Clutch Transmission Market
20. Spain Dual Clutch Transmission Market
21. Eastern Europe Dual Clutch Transmission Market
22. Russia Dual Clutch Transmission Market
23. North America Dual Clutch Transmission Market
24. USA Dual Clutch Transmission Market
25. Canada Dual Clutch Transmission Market
26. South America Dual Clutch Transmission Market
27. Brazil Dual Clutch Transmission Market
28. Middle East Dual Clutch Transmission Market
29. Africa Dual Clutch Transmission Market
30. Dual Clutch Transmission Market Competitive Landscape and Company Profiles
31. Dual Clutch Transmission Market Other Major and Innovative Companies
35. Dual Clutch Transmission Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Dual Clutch Transmission Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on dual clutch transmission market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for dual clutch transmission? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The dual clutch transmission market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product: Dry; Wet2) By Propulsion: ICE (Internal Combustion Engine); Hybrid
3) By Distribution Channel: OEM (Original Equipment Manufacturer); Aftermarket
4) By Application: Passenger Car; Heavy Commercial Vehicles; Light Commercial Vehicles; Motorsport Cars
Subsegments:
1) By Dry: Single Dry Clutch Systems; Dual Dry Clutch Systems2) By Wet: Single Wet Clutch Systems; Dual Wet Clutch Systems
Key Companies Mentioned: Volkswagen AG; General Motors Company; BMW AG; Honda Motor Co Ltd.; Hyundai Motor Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Volkswagen AG
- General Motors Company
- BMW AG
- Honda Motor Co Ltd.
- Hyundai Motor Company
- Nissan Motor Co. Ltd.
- Audi AG
- Kia Corporation
- ZF Friedrichshafen AG
- AB Volvo
- Continental AG
- Porsche AG
- Magna International Inc
- Aisin Seiki Co.
- Eaton Corporation
- Schaeffler Technologies AG & Co. KG
- BorgWarner Inc.
- GKN Automotive Limited
- Aston Martin Lagonda Global Holdings PLC
- Ricardo PLC
- Tremec Corporation
- Punch Powertrain NV
- Getrag Inc
- JATCO Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | February 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 32.72 Billion |
| Forecasted Market Value ( USD | $ 42.75 Billion |
| Compound Annual Growth Rate | 6.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 24 |
