Market Share of Automotive Clutch Industry
The automotive clutch market is majorly held by transmission manufacturing firms that have a long-standing partnership with the major automobile manufacturing companies as their preferred suppliers. ZF Friedrichshafen, Magneti Marelli, Valeo, and BorgWarner are among the major players in the market. These companies are focusing on strengthening their position in the market by adopting various growth strategies. For instance,
- In November 2019, Borgwarner collaborated with the leading Chinese original equipment manufacturer ChangAn automobile to supply the highly integrated electro-hydraulic control unit and compact triple clutch P2 drive module for ChangAn's next-generation hybrid transmission technology.
- In May 2019, CK Holdings Co. Ltd, a holding company of Calsonic Kansei Corporation, announced that the completion of its previously announced acquisition of Magneti Marelli SpA from Fiat Chrysler Automobiles NV.
Automotive Clutch Market Leaders
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ZF Friedrichshafen
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Magneti Marelli S.p.A
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BorgWarner Inc
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Valeo
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Aisin Seiki Co Ltd
*Disclaimer: Major Players sorted in no particular order