Driving Future Growth: The Evolving Heavy Commercial Vehicle Clutch Market Ahead of 2031

The global heavy commercial vehicle clutch market is projected to grow from US$ 20.45 billion in 2023 to US$ 41.03 billion by 2031, registering a 9.1% CAGR. Market expansion is driven by rising construction activity, infrastructure development, and increasing global commercial vehicle production and sales. According to OICA, commercial vehicle sales grew 13.3% from 2022 to 2023, with Europe showing the highest growth rate.