Global Emission Standards To Boost Global Uptake Of Dual Clutch Transmission Technology, Finds Frost & Sullivan
MOUNTAIN VIEW, Calif., March 21, 2013 /PRNewswire/ -- All over the world, original equipment manufacturers (OEMs) and suppliers of dual clutch transmission (DCT) technology are constantly innovating and improving technologies to adhere to stringent emission norms. Due to transmission technologies' ability to provide better efficiency and performance, stakeholders expect DCTs to play a defining role in the global transmission mix by 2020.
New analysis from Frost & Sullivan ( http://www.automotive.frost.com), Strategic Analysis of the Global Market for Dual Clutch Transmission Technology in Passenger Vehicles, finds that DCTs are expected to account for 9 to 11 percent share of the overall transmissions market, translating to approximately 9.4 to 9.6 million vehicles with this technology by 2020. The dry clutch DCT is likely to be more dominant by 2020 due to its anticipated adoption within the small car segment and lower costs compared to wet clutch DCT. Its popularity among European and American OEMs will further contribute to its pervasiveness.
If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at firstname.lastname@example.org, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.
"Globally, emission standards and fuel economy targets are pushing OEMs to constantly adopt cleaner and greener technology while simultaneously meeting consumer expectations for smoother transmissions," said Frost & Sullivan Automotive & Transportation Research Analyst Yeswant Abhimanyu. "Leading OEMs across regions are strategically implementing DCT technology within their powertrain technology portfolios."Automatic transmissions are dominant in North America, while Europe and China have shown a marked preference for manual transmission. However, by 2020, Europe and China are expected to be the most attractive DCT markets. While European consumers have reacted positively to OEMs' promotion of DCTs, consumers in China are looking for next-generation technologies. Therefore, a number of foreign OEMs in the country are introducing DCTs while others are partnering with suppliers to purchase and develop sophisticated DCTs. Furthermore, China and India are also expected to be attractive low-cost DCT markets by 2020. Even though OEMs are actively incorporating DCT in their vehicles, the technology might not find eager acceptance across all regions, especially in cost-sensitive markets. Moreover, some regions are also set in their preference for certain types of transmission technologies. Supplier-OEM partnerships are therefore critical for region-specific deployments of DCT. A number of suppliers are expected to offer entire transmission packages in the future, possibly in partnership with other market participants.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV