Clutch Market According to a new market report published by Transparency Market Research “Clutch Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026”, the global clutch market for automotive is expected to reach US$ 12 Bn by 2026, expanding at a CAGR of 4.82%, during the forecast period. The global clutch market for automotive is projected to expand at a CAGR of about 5% between 2018 and 2026, according to a new research report by Transparency Market Research (TMR). According to the report, the global market is likely to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific and Latin America are expected to be at the forefront of the global demand, with the market in the regions expanding at a CAGR of 4.84% and 4.97%, respectively, during forecast period. Get sample copy of at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=25604 Rise in urbanization and increase in per capita income in different countries have been fueling the demand for vehicles globally. This, in turn, has propelled the usage of passenger cars significantly, which is anticipated to boost the clutch market during the forecast period. Expansion of the clutch market is witnessed due to the increase in demand for dual clutch transmission and automated manual transmission across the globe. Rising demand for fuel-efficient vehicles and better driving experience is propelling the demand for dual clutch transmission and automated manual transmission. This in turn is likely to boost the automotive clutch market during forecast period. Easy availability of finance and rising urbanization in different countries have been fueling the overall vehicle miles driven globally, by approximately 2% to 4% in recent years.
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