Market Highlights
Global Automotive Pressure Plates Market size is anticipated to register a significant CAGR of 5% between 2020 and 2027. A pressure plate is an important part of clutch systems used in automobiles. It is a spring-loaded device that bolts onto the flywheel and can either engage or disengage the clutch disc and flywheel. The clutch disc fits between the pressure plate and the flywheel. Pressure plates are of two types, namely, the coil spring type and the diaphragm type. The manufacturers of automotive pressure plates ensure that these plates have high-temperature resistance and considerable stress limits.
Furthermore, market players are focused on the research and development of compact automotive pressure plates to downsize the clutch systems. The type of automotive pressure plates used usually depends on the type of vehicle and the type of clutch system used in the vehicle. Usually, automotive pressure plates are used only with friction clutches, which may be either single-plate, multi-plate, or cone clutches. Moreover, pressure plates are usually manufactured using either cast iron or stainless steel. With the growth of the automotive industry across the globe, the demand for automotive pressure plates is anticipated to grow significantly in the coming years, thereby creating significant opportunities for the growth of the automotive pressure plates market during the forecast period.
Global Automotive Pressure Plates Market, 2020–2027
Automotive Pressure Plates Market Size is Anticipated to Register a CAGR of 5% between 2020 and 2027-Press release image-00
In 2019, Asia-Pacific Contributed Significantly to the Automotive Pressure Plates Market in Terms of Share: MRFR
Based on region, the global automotive pressure plates market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. The Asia-Pacific region is expected to lead the automotive pressure plates market in the coming years, which can be attributed to the expected increase in the fleet of vehicles in the region due to the growing middle-class population and, thereby, the demand. Furthermore, the demand for luxury vehicles is increasing significantly in the North American market.
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The global automotive pressure plates market can be segmented by product type, clutch type, vehicle type, and region. Based on product type, the global automotive pressure plates market can be bifurcated into coil spring type and diaphragm type. The coil spring segment is anticipated to grow at a significant CAGR in the coming years. In terms of vehicle type, the automotive pressure plates market can be split into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. The passenger vehicle segment held a large share and is anticipated to grow at a high CAGR in the next few years because of the increasing demand for passenger vehicles. By distribution channel, the automotive pressure plates market has been segmented into OEMs and aftermarket. The OEMs segment held a significant share and is anticipated to grow at a high CAGR in the coming years.
Global Automotive Pressure Plates Market size is anticipated to register a significant CAGR of 5% between 2020 and 2027.
Drivers
Automotive Pressure Plates Market Size is Anticipated to Register a CAGR of 5% between 2020 and 2027-Press release image-01
Scope of the Report
This report provides an in-depth analysis of the global automotive pressure plates market, tracking three market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights the market size and shares for North America, Europe, Asia-Pacific, and the rest of the world. The report also presents a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global automotive pressure plates market by product type, vehicle type, distribution channel, and region.
Product Type
Coil Spring Type
Diaphragm Type
Vehicle Type
Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
Distribution Channel
OEMs
Aftermarket
By Region
North America
Asia-Pacific
Europe
Rest of the World
Key Players
Key players in the global automotive pressure plates market are California Custom Clutch Corporation (US), Raicam Clutch Ltd (Italy), Makino Auto Industries Private Limited (India), SASSONE SRL (Italy), ANAND Group (India), Apls Automotive Industries Private Limited (India), MACAS Automotive (India), Hebei Tengda Auto Parts Co., Ltd. (China), S. K. Auto Industries (India), Setco Automotive Ltd (India), GOLDEN Precision Products Private Limited (India), and RSM Autokast Ltd. (India).
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Key Questions Addressed by the Report
- What was the historic market size?
- Which segmentation (Product/ Capacity) is driving market?
- What will be the growth rate?
- How are the key players in this market?
- What are the strategies adopted by key players?
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
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The Automotive Testing, Inspection and Certification (TIC) sector consists of conformity assessment bodies that provide services ranging from auditing and inspection, to testing, verification, quality assurance and certification.The rising number of accidents, increasing automation in vehicles, advanced and more sophisticated components and features of a vehicle, increasing pollution, these are factors due to which demand for vehicle tasting and inspection is increasing day by day.In 2017, Europe dominated the automotive testing, inspection, and certification market with 43.7% share, thanks to the presence of some of the world’s leading automotive manufacturers and a steadily expanding domestic automotive industry.North America also accounts for a significant share in the global market owing to the well-established automotive sector.
In regions like Europe and North America, stringent rules for periodic vehicle inspection and testing are laid down so as to ensure the safety of human life.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-automotive-tic-2019-2024-77These regulations are also key drivers for the automotive testing, inspection, and certification market in these regions.According to this study, over the next five years the Automotive TIC market will register a 5.4% CAGR in terms of revenue, the global market size will reach US$ 18200 million by 2024, from US$ 14000 million in 2019.In particular, this report presents the global revenue market share of key companies in the Automotive TIC business, shared in Chapter 3.This report presents a comprehensive overview, market shares and growth opportunities of Automotive TIC market by product type, application, key companies and key regions.This study considers the Automotive TIC value generated from the sales of the following segments:Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.TestingInspectionSegmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.Passenger CarsCommercial VehiclesThis report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.AmericasUnited StatesCanadaMexicoBrazilAPACChinaJapanKoreaSoutheast AsiaIndiaAustraliaEuropeGermanyFranceUKItalyRussiaSpainMiddle East & AfricaEgyptSouth AfricaIsraelTurkeyGCC CountriesThe report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report: Breakdown data in in Chapter 3.DEKRAT?V S?D GroupBureau VeritasApplus ServicesSGS GroupIntertek GroupTV Rheinland GroupTV Nord GroupIn addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole.
It also analyzes key emerging trends and their impact on present and future development.Research objectivesTo study and analyze the global Automotive TIC market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.To understand the structure of Automotive TIC market by identifying its various subsegments.Focuses on the key global Automotive TIC players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Automotive TIC with respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).To project the size of Automotive TIC submarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.Get the Complete Report & TOC @ https://www.grandresearchstore.com/automotive-and-transportation/global-automotive-tic-2019-2024-77Table of content1 Scope of the Report1.1 Market Introduction1.2 Research Objectives1.3 Years Considered1.4 Market Research Methodology2 Executive Summary2.1 World Market Overview2.1.1 Global Automotive TIC Market Size 2014–20242.1.2 Automotive TIC Market Size CAGR by Region2.2 Automotive TIC Segment by Type3 Global Automotive TIC by Players3.1 Global Automotive TIC Market Size Market Share by Players3.1.1 Global Automotive TIC Market Size by Players (2017–2019)3.1.2 Global Automotive TIC Market Size Market Share by Players (2017–2019)3.2 Global Automotive TIC Key Players Head office and Products OfferedKey Que Answered in this report:What will the Global Automotive TIC Market?What are the key factors driving the Global Automotive TIC Market?What are the key market trends in the Automotive TIC Market?improve pasting the growth of this Automotive TIC Market?What are the challenges to the Automotive TIC Market?What are the market opportunities and threats faced by the Automotive TIC Market?What are the key outcomes of the five forces analysis of the Automotive TIC Market?What is our report offers:Strategic suggestions and proposals for the beginners to understandAssessments of the market share from different countries and regions were conductedTop key market players, market share analysis included.The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.The competitive landscaping mappings of the ongoing trends are discussed.Based on the market estimations, the strategic recommendations are made in the business segmentsCONTACT US:276 5th Avenue, New York, NY 10001, United StatesInternational: (+1) 646 781 7170 / +91 8087042414Email: [email protected] Us On LinkedIn:- https://www.linkedin.com/company/grand-research-store/
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