Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 898.4 Million | USD 1,381.80 Million | CAGR at 4.90% | 2023 |
The size of the global automotive slipper clutch market is expected to grow at the rate of 8.19% CAGR during the forecast period. This report discusses market research on the automotive slipper clutch market, its market growth factors, and challenges. The report also talks about the opportunities available to stakeholders and potential investors for the automotive slipper clutch market, discussing the recent changes due to the pandemic.
An automobile slipper clutch, often known as a torque limiter, enables the clutch to disengage while slowing the speed of cars. It also helps to reduce engine braking and extend the life of the transmission. The automotive slipper clutch was formerly only available on high-end mid-capacity and liter-class motorcycles. However, due to technological advancements, it is now also found in a few low-cost motorcycles.
The primary benefit of a slipper clutch is that it aids in the reduction of overall momentum and abrupt forces within the transmission. As a result, there is some minor wear and tear inside the transmission. The bike's general performance increases to the point where there are no jerks or abrupt interruptions that might compromise the engine's operation when the motorbike is suddenly halted. Another significant benefit of a slipper clutch is that it aids in the prevention of rear-wheel lockup, engine seizure, and transmission failure. All of this may cost half of the whole price of the bike, indicating that you may have paid for it.
The outbreak of the COVID-19 and the resulting lockdowns enforced by governments in several nations has had a severe influence on the automobile sector, stifling market growth. The automotive slipper clutch market condition relies on transportation and logistics. COVID-19 spread forced the government to enforce lockdowns, travel & transportation bans, restrictions, and prevention guidelines to contain the virus, resulting in an unplanned and unpredicted disruption in the automotive slipper clutch supply chain.
Shutdown in manufacturing, transportation, & mobility activities, a surge in prices of raw materials and finished goods was observed in the automotive market. Disruptions in transportations, time delays, cargo cancellations, restricted circulations, closure of borders and ports, slow customs clearance, rerouting requirements et cetera of air, rail, road, and sea logistic sectors hampered the growth of the global automotive slipper clutch market. Once these limitations are relaxed, the market is expected to rebound.
The increase in demand for motorbikes with engine displacements up to 1000 cc can be linked to the market's expansion. The need for automotive slipper clutch is increasing as the manufacture of racing prototype bikes increases. In addition, the growing popularity of bike racing as a recreational activity is boosting market development. Furthermore, the automotive slipper clutch serves to lessen the feeling of rough rides by reducing the effort of the suspension and controlling the rear wheel during harsh braking and downshifting. Manufacturers of these motorcycle models are rapidly releasing modern technology-equipped bikes with premium quality that contribute to volume sales, resulting in greater slipper clutch adoption.
Report Attributes | Report Details |
---|---|
Report Name | Automotive Slipper Clutch Market Research Report |
Market Size in 2023 | USD 898.4 Million |
Market Forecast in 2032 | USD 1,381.80 Million |
Growth Rate | CAGR of 4.90% |
Number of Pages | 196 |
Key Companies Covered | F.C.C. Co. Ltd, Yoyodyne L.L.C, Hinson Racing, Hyper Racer, Ricardo PLC, Schaeffler Technologies AG & Co. KG, STM ITALY SRL, EXEDY Corporation, SURFLEX SRL |
Segments Covered | By Type By Application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The installation process of an automotive slipper clutch is not only complex, time-consuming but also costly. The slipper clutch aids in this process by enabling the clutch to partially slide until the engine speed matches the vehicle's speed. The engine braking power is delivered to the rear wheel through the chain drive in cars with a standard clutch, causing the rear wheel to wobble and finally lose traction. The fundamental purpose of a slipper clutch is to keep the bike's rear wheel under control when braking hard or downshifting. The installer has to be accustomed to all the processes, to successfully install it into vehicles. Finding such labor is difficult hence restricting the market of the automotive slipper clutch.
The automotive market is experiencing several technological breakthroughs such as improved performance of engines, maintenance procedures, reduced damages within the transmission, anti-lock braking system (ABS), fuel injection technology, etc. The automotive slipper clutch itself is a product of technological advancements in the field of automotive. Some models of bikes are being launched with the automotive slipper clutch whereas other models can integrate the slipper clutch separately into their system. The demand for these technologies is also increasing, which might reduce the production cost of automotive slipper clutch over time, resulting in the growth of the global automotive slipper clutch market.
The new technologies in the automotive industry come with a higher price tag, for installation as well as for purchase. Installation of automotive slipper clutch requires tools and equipment that are costly, compared to other automotive parts. Though the demand is increasing, the cost of this product is not expected to reduce shortly. It is going to take some time before the prices of the automotive slipper clutch are reduced. The industry's growth may be hampered in the coming years by the high installation costs connected with the product and the developing trend of the dual-clutch in automotive vehicles.
The global automotive slipper clutch market is divided based on type, application, and region.
On basis of type, the market can be segmented as entry-level (below 400cc), mid-size (400cc-699cc), full-size (700cc-1000cc), and performance (above 1000cc). In terms of engine capacity type, automotive slipper clutch for bikes with engines ranging from 501 to 800 cc dominate the market which falls under mid-size and full-size market segments. This class is favored by manufacturers since it is cost-effective and capable of giving the requisite mileage.
Based on application, the market is segmented into OEM, Aftermarket, and others.
North America to maintain its dominance over the market during forecast period
The global automotive slipper clutch market is likely to be dominated by North America during the forecast period. This expansion can be attributed to the growing disposable income and purchasing power of the people in this region. Also, the US is the biggest motorcycle consumer in this region. Further, Europe is projected to see substantial market growth due to rising urbanization in countries like France and Germany. Asia Pacific is anticipated to witness considerable growth on account of expanding automobile production in nations like Malaysia, Thailand, and Indonesia.
The following companies dominate the global automotive slipper clutch market-
By Type
By Application
By Region
FrequentlyAsked Questions
The increase in demand for motorbikes with engine displacements up to 1000 cc can be linked to the market's expansion. Manufacturers of these motorcycle models are rapidly releasing modern technology-equipped bikes with premium quality that contribute to volume sales, resulting in greater slipper clutch adoption.
According to the report by Zion Market Research, the size of the global automotive slipper clutch market is expected to grow at a rate (CAGR) of 8.19% during the forecast period.
The global automotive slipper clutch market is likely to be dominated by North America during the forecast period. This expansion can be attributed to the growing disposable income and purchasing power of the people in this region. Also, the US is the biggest motorcycle consumer in this region.
The important players in the global automotive slipper clutch market are F.C.C. Co. Ltd, Yoyodyne L.L.C, Hinson Racing, Hyper Racer, Sigma Performance Limited, Ricardo PLC, Schaeffler Technologies AG & Co. KG, STM ITALY SRL, EXEDY Corporation, and SURFLEX SRL.
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