As per the research report titled ‘Dual Clutch Transmission Market Size By Clutches , By Vehicle, By Transmission, By Distribution Channel, Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026’ available with Market Study Report, global dual clutch transmission market is anticipated to witness significant expansion during 2019-2026.
 

Factors such as escalating demand for automatic transmission vehicles along with advantageous attributes of the product such as minimized shift shocks, decreased intervals between gear shifts, and enhanced performance as well as fuel efficiency are augmenting the growth of global dual clutch transmission market.
 

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For the record, dual clutch transmission generally operates using two clutches that are controlled by a computer. The mechanism is a combination of manual as well as automatic transmissions and is eliminates the need of a clutch pedal in a vehicle.
 

Furthermore, beneficial attributes of dual clutch transmission systems such as minimal wastage of engine power coupled with enhanced acceleration as well as flexibility are further fueling the industry growth. Such transmission provides the driver with an option to manually control the shifts or let the computer manage them, which in turn is stimulating global dual clutch transmission market outlook.
 

Based on vehicle type, the commercial vehicle segment accounted for 0.41% share in global dual clutch transmission market in 2018 and is predicted to record a 2.5% CAGR through 2026. Widespread applications of the product, primarily in heavy duty-vehicles along with increasing research and development activities in the industry are fostering the growth of the segment.
 

With regards to clutch type, the market is split into wet and dry. Moving on to transmission type, the industry is bifurcated into hybrid and ICE. Elaborating on distribution channel, the overall business sphere is divided into aftermarket and OEM.
 

Regionally, Latin America reflected a 4% revenue share of worldwide dual clutch transmission market in 2018 and is estimated to exhibit a healthy CAGR of 4.5% over 2019-2026, owing to increasing number of import vehicles. Alternatively, Middle East & Africa dual clutch transmission industry is calculated to register a 4.1% CAGR through 2026.
 

Prominent organizations that define the worldwide dual clutch transmission industry trends are General Motors Company, Ford Motor Company, Kia Motors Corporation, Volkswagen AG, Ricardo plc, FEV Group GmbH, Magneti Marelli S.p.A, Schaeffler Technologies AG & Co. KG, GKN Automotive, Eaton Corporation plc, Punch Powertrain Nanjing Co. Ltd., Valeo, Continental AG, BorgWarner Inc., Magna International Inc., and ZF Friedrichshafen AG.