Automotive fan clutch play vital role in the engine cooling system. Generally, this clutches are driven by the water pump and used to maintain or control the fan speed according to the temperature change of the coolant. Fan clutches improves the efficiency of cooling system by draining the engine horsepower.
Automotive Fan Clutches are placed at the rear of a radiator to control fan speed. Recent developments in automotive fan clutches such as electromagnetic fan clutches are having more advantages in terms of efficiency, design, long service life and others. This automotive fan clutches are expected to grow at a higher growth rate in the forecast period. Automotive Fan Clutches are made by aluminum and cast iron materials. There are different controlling factors including engine oil temperature, AC system temperature, coolant temperature and others for the Automotive Fan Clutches. If fan clutches wont engage properly it could cause failure of the cooling system and radiators in the vehicles
Automotive Fan Clutch Market- MARKET DYNAMICS
Automotive Fan Clutchmarket growth is anticipated to get driven predominantly by increasing sales of passenger cars and commercial vehicles. Increasing demand of noiseless and high durable automotive fan clutches is expected to propel the growth of global automotive fan clutch market. Growing demand of fan clutches from aftermarket sales is anticipated to push the global automotive fan clutch market. Growing aspiration of owning private vehicles is expected to boost the global automotive fan clutch market. Automotive fan clutches are also used in off-road vehicles, cooling of the engine in off-road vehicles is obligatory. Henceforth, growth in off-road vehicle sales is expected to propel the growth of global automotive fan clutches market.
Automotive Fan Clutches failing to engage or permanent engage is one of the main restraining factor for restraining the global Automotive Fan Clutch market growth. Also up and down in the raw material prices for manufacturing fan clutches might effect on the competitive price offering in the global automotive fan clutches market.The global automotive fan clutch market is highly dependent on the growth of automotive industry in the forecast period, this might have effect on the growth rate of global automotive fan clutch market.Adoption of automotive electric fan over automotive fan clutches courld hamper the growth of the global automotive fan clutch market.
Collaboration or partnership activities between automobile manufacturer and global fan clutch manufacturer is anticipated to increase automotive fan clutch sales in the global automotive fan clutch market. In terms of market trends, manufacturers has implemented state-of-art manufacturing techniques with digitalization in the industry having notable effect on the productivity, production cost as well as competitive price offering in the global automotive fan clutch market.
Automotive Fan Clutch: COVID 19 IMPACT
The COVID-19 pandemic has unfavorable effect on manufacturing industries as well as sales and distribution network across the world. Global Automotive Fan Clutch market is also having substantial impact due to covid-19 crisis due to disturbed supply chain activities and decreased production of automotive fan clutches. Global Automotive Fan Clutch market is expected to recover in the first and second quarter of the year 2021. Covid-19 crisis have substantial impact on the growth rate of the global automotive fan clutch market in the forecast period 2021-2031.
Automotive Fan Clutch Market: Segmental Overview
With the consideration of different segments contributing in the growth of global automotive fan clutch market electronic controlled fan clutches are expected to grow at a significant CAGR in the forecast period. Owing to the development in automation of automobiles is expected to boost the global automotive fan clutch market. Besides, thermal fan clutches segment is estimated to rise at moderate growth rate in the forecast period. If we talk about sales channel, aftermarket sales also expected to boost the global automotive fan clutch market exponentially in the forecast period 2021-2031. Which is due to the competitive price offering and other by aftermarket manufacturers in Mostly in passenger vehicles low load capacity fan clutches are used owing to this the global automotive fan clutch market is anticipated to grow proportionally with rise of global passenger vehicles market.
Automotive Fan Clutch Market: ANALYSTIC PERSPECTIVE
Automotive fan clutch market is expected to behave in similar way as the automobile industry growth.Alternatives on automotive fan clutches is expected to restrain growth of global automotive fan clutch market. Aftermarket sales of fan clutches are expected to hold significant share in the global automotive fan clutch market. Besides it, repetitive failure of fan clutches is expected to switch customers on its alternative.
Automotive Fan Clutch Market: REGIONAL OUTLOOK
East Asia is expected to surge at a higher growth rate in the global automotive fan clutch market owing to the prominent growth in automotive industry market in this region. Besides, North America is estimated to show noticeable growth in the forecast period, owing to the high demand of racing cars, passenger and luxury vehicles in the region. Growing demand of luxury as well as passenger vehicles from GCC countries of Middle East Africa region anticipated to propel the global automotive fan clutch market. Latin America is expected to grow at steady rate in the global automotive fan clutch market.
Automotive Fan Clutch Market: MARKET PARTICIPANTS
Some of the key market participants in the global of Automotive Fan Clutch Market, identified across the value chain include:
- GMB North America, Inc.
- DIESEL TECHNIC SE
- ATQ Germany
- Standard Motor Products, Inc.,
- Kendrion (Markdorf) GmbH
- US Motor Works
- Four Seasons (SMP)
The research report on the Automotive Fan Clutch Market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Automotive Fan Clutch Market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, vehicle type, and sales channel.
The report covers exhaustive analysis on:
- Automotive Fan Clutch Market Segments
- Automotive Fan Clutch Market Dynamics
- Automotive Fan Clutch Market Size
- New Sales of Automotive Fan Clutch
- Current Trends/Issues/Challenges in the Automotive Fan Clutch Market
- Competition & Companies Involved in Automotive Fan Clutch
- New Technology for Automotive Fan Clutch
- Value Chain of the Automotive Fan Clutch Market
Regional analysis includes:
- North America
- Latin America
- South Asia &Pacific
- East Asia
- Middle East & Africa
The global Automotive Fan Clutch Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
- Detailed overview of parent market
- Changing market dynamics in the Automotive Fan Clutch Market
- In-depth Automotive Fan Clutch Market segmentation
- Historical, current, and projected Automotive Fan Clutch Market size in terms of volume and value
- Recent industry trends and developments in the global Automotive Fan Clutch Market
- Competitive landscape
- Strategies of key players and products offered in the global Automotive Fan Clutch Market
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Automotive Fan Clutchmarket performance
- Must-have information for market players in Automotive Fan Clutch Market to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
Automotive Fan ClutchMarket- SEGMENTATION
The global Automotive Fan ClutchMarket can be segmented on the basis of type, sales channeland vehicle type.
On the basis of Type:
- Thermal Fan Clutches
- Non - Thermal Fan Clutches
- Electronic Controlled Fan Clutches
- Severe Duty Fan Clutches
On the basis of Sales Channel:
On the basis of Vehicle Type
- Passenger Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Market Research Methodology - Perfected through Years of Diligence
A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.