Automotive Launch Control System Market
Automotive Launch Control System Market Analysis, By Type (Automated Manual Transmission, Dual Clutch Transmission), By End User (OEMs, Aftermarket) & Region – Global Market Insights 2023 to 2033
Analysis of Automotive Launch Control System Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Automotive Launch Control System Market Outlook (2023 to 2033)
Global demand for automotive launch control systems is predicted to increase at a CAGR of 7.1% from 2023 to 2033. Currently, the global automotive launch control system market is valued at US$ 10 million and is thus anticipated to reach a market size of US$ 20 million by the end of 2033.
Several new models of cars, SUVs, and trucks have drive modes that can be changed. Other modes, in addition to comfort, eco, and sport, can comprise sport+, smart, and individual. A driver can change a vehicle's behavior according to varying road conditions or preferences by pressing a button. Gearing, throttle responsiveness, steering feel, suspension settings, and traction control are all adjusted differently in each mode.
For example, the eco mode can alter the gear ratios and powerband to improve fuel economy while providing a less-than-exciting experience of driving. On the other hand, sport mode stiffens the suspension and increases throttle response. Then there are specialized modes that use high-performance calibrations for certain driving scenarios. These scenarios are frequently given names such as race, drift, or other racetrack-inspired monikers such as Nürburgring.
- An automotive launch control system is a computer-controlled performance-enhancing system in the vehicle. This technology supports the driver in accelerating the car from a stand with a mix of little wheel spin and adequate power, providing a competitive advantage over other competitors in motorsport or racing events.
Computer programs and electronic accelerators control the automotive launch control system. The software assists in controlling acceleration as per engine specifications so that the automobile accelerates quickly and smoothly, preventing engine difficulties caused by slippage of the drive wheels and gearbox, clutch glitches, and excessive rotation.
The launch control system in the vehicle must execute numerous tasks for the vehicle to go offline swiftly and effectively. Furthermore, the system needs to maximize the available power, traction, and weight transfer, and prevent tire bounce and slip, thus raising the power assistance to the appropriate level in the forced induction powertrain system.
Automobile manufacturers have offered several launch control systems that work on the idea of generating misfires in any of the engine cylinders. As a result, when the speed and pressure of the mixture in the cylinder grow, the vehicle's built-in revolutions per minute (rpm) assist the car in starting at higher power and allows the driver to maintain the vehicle at full throttle to start the vehicle.
Report Attributes | Details |
---|---|
Automotive Launch Control System Market Size (2023) | US$ 10 Million |
Projected Market Value (2033) | US$ 20 Million |
Global Market Growth Rate (2023 to 2033) | 7.1% CAGR |
European Market Growth Rate (2023 to 2033) | 3.9% CAGR |
Leading Type Segment | Automated Manual Transmission |
Key Companies Profiled | Audi AG; Volkswagen Group; Automobili Lamborghini S.p.A; Ferrari SpA; Bugatti Automobiles S.A.S; Ford Motor Company |
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Why is Demand for Automotive Launch Control Systems Gaining Traction?
“Growing Popularity of Drag Racing and Rising Number of Motorsport Events Worldwide”
Drag racing is growing in popularity worldwide, with an increase in involvement from thrill seekers searching for an adrenaline rush. Despite the fact that the sport began in the United States, it has spread to several European countries. Many organizations are organizing events and tournaments to capitalize on the sport's vast consumer base.
There has also been an increase in the number of motorsports and car racing events around the world, which has led to an increase in the demand for automotive launch control systems in such events, as this type of system allows for controlling the acceleration based on the engine specifications, allowing the car to move faster.
Launch control systems improve engine performance, resulting in their expanded use in motorsports. In motorsport and racing events where every millisecond counts, automotive launch control systems are critical. An impressive lead from the start allows the driver to release the vehicle while maintaining full power or permissible torque.
“Increasing Competition among Sports Car Manufacturers”
Consumers' attention has turned to the vehicle's technology, safety, and comfort as their socioeconomic conditions improve. This has resulted in an exponential surge in the adoption of sports and super sports cars, prompting top automakers to expand their product ranges and international presence. These vehicles are outfitted with launch control systems, propelling the global market forward.
“Major Companies Focusing on Incorporating Advanced Technologies”
Nowadays, customers' demand is shifting from appearance to performance, which allows automakers to focus on innovation. Major companies in the automotive launch control system market are focused on adopting modern technologies like artificial intelligence (AI), big data, and others to provide greater safety to the driver in the event of an accident. Moreover, advanced technologies are incorporated to improve the suitability for all types of drivers.
Including advanced technologies in launch control aids in achieving quality performance, which is essential for high-speed drivers. It also supports acceleration as rapidly as possible. Since the goal of sports cars is to win races, it is critical to have characteristics that aid in a safe start and speedy acceleration.
Which Factor Can Slow the Sales Growth of Automotive Launch Control Systems?
“High Costs Associated with Sports Cars”
Most sports cars use automotive launch control systems to improve performance. Since sports cars' design and engineering systems are different, the expense of repairing them is also significant and more complex. Such expenses associated with sports cars can limit the adoption of automotive launch control systems.
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Country-wise Insights
Why are Germany and the United Kingdom Ruling the European Market?
“Presence of Renowned Sports Car Manufacturers”
- As per Fact.MR, a market research and competitive intelligence provider, demand for automotive launch control systems is projected to swell at a CAGR of 3.9% in Europe over the next ten years.
Germany and the United Kingdom are ruling the regional market due to the presence of renowned sports car manufacturers in these countries. Moreover, the growing popularity of racing events is increasing the usage of launch control systems in Germany and the United Kingdom.
What Makes the United States a Lucrative Market for Automotive Launch Control System Manufacturers?
“High Demand for Sports Cars and Rising Popularity of Racing Events”
North America is following Europe in terms of growth. The United States is dominating the regional market due to rising demand for sports cars and the growing popularity of racing events. Moreover, the increased adoption of technologically advanced features to boost vehicle performance is also fueling market expansion in the United States.
Which Factors are Primarily Responsible for Market Growth in Japan and South Korea?
“Thriving Automotive Industry and Increasing Production of Passenger Cars”
The Asia Pacific market is growing at a significant pace. Moreover, Japan and South Korea are witnessing considerable growth due to the flourishing automotive industry and increasing production and sales of passenger cars in these countries.
- South Korea's automotive industry is the world's seventh main market by vehicle sales, and in April 2021, it was the world's fifth-largest manufacturer of passenger automobiles.
As a result, South Korea has a strong foothold in the global market for automotive launch control systems.
Category-wise Insights
Why is Demand for Automated Manual Transmission Systems Surging?
“Growing Use in Automated Systems in Sports Cars”
An automated manual transmission (AMT) is a type of automotive transmission system that combines the benefits of automatic and manual transmissions. The clutch and gear changes of an automated manual transmission are managed by computer software, electronic sensors, and actuators. This transmission is often referred to as a clutchless manual transmission or a semi-automatic transmission. The demand for automated manual transmission systems is increasing due to strong usage in sports cars.
Another type of automotive launch control system is the dual-clutch transmission (DCT), which employs two independent clutches for odd and even gears. The odd gears (first, third, and fifth) are attached to one clutch, while the even gears (second, fourth, and sixth) are attached to the other. The dual-clutch mechanism makes shifting smoother and reduces the requirement for a torque converter.
Why are OEMs the Leading End Users of Automotive Launch Control Systems?
“Increasing Manufacturing of Sports and Supercars”
OEMs (original equipment manufacturers) are leading the worldwide market owing to increased manufacture and sales of sports and supercars that include launch control systems as standard fitment. OEMs mostly use launch control systems for track days or drag racing. Automotive launch control systems are also useful for individuals who want to maximize the performance of their vehicles.
In the aftermarket, automotive launch control systems are incorporated as an add-on feature to boost the performance of vehicles. Several professional racers like to install this system in their vehicles since it improves acceleration and lap times. Aftermarket installation of automotive launch control systems can be easily done as several companies offer this system as an aftermarket product.
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Competitive Landscape
The worldwide market is very diversified and competitive, with a significant number of international and regional vendors present all over the world, constantly competing with one another on both quality and price. Moreover, key players in the automotive launch control system market are spending on research and development operations to extend their customer base and expand their presence. Furthermore, numerous start-ups are sprouting up in the global market.
Key Segments of Automotive Launch Control System Industry Research
-
By Type :
- Automated Manual Transmission
- Dual Clutch Transmission
-
By End User :
- OEMs
- Aftermarket
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific & China
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 7. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 8. Global Market - Pricing Analysis
- 9. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Type
- 10.1 Automated Manual Transmission
- 10.2 Dual Clutch Transmission
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by End User
- 11.1 OEMs
- 11.2 Aftermarket
- 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 12.1 North America
- 12.2 Latin America
- 12.3 Europe
- 12.4 East Asia
- 12.5 South Asia
- 12.6 Oceania
- 12.7 Middle East and Africa (MEA)
- 13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 21. Market Structure Analysis
- 22. Competition Analysis
- 22.1 Audi AG
- 22.2 Volkswagen Group
- 22.3 Automobili Lamborghini S.p.A
- 22.4 Ferrari SpA
- 22.5 Bugatti Automobiles S.A.S
- 22.6 Ford Motor Company
- 23. Assumptions and Acronyms Used
- 24. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End User
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End User
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End User
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End User
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End User
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End User
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End User
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End User
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Type, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By End User, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By End User, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by End User, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Type, 2023 (E)
Figure 18: North America Market Value Share, By End User, 2023 (E)
Figure 19: North America Market Value Share, By Country, 2023 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by End User, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Type, 2023 (E)
Figure 26: Latin America Market Value Share, By End User, 2023 (E)
Figure 27: Latin America Market Value Share, By Country, 2023 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by End User, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Type, 2023 (E)
Figure 34: Europe Market Value Share, By End User, 2023 (E)
Figure 35: Europe Market Value Share, By Country, 2023 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by End User, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Type, 2023 (E)
Figure 42: South Asia Market Value Share, By End User, 2023 (E)
Figure 43: South Asia Market Value Share, By Country, 2023 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by End User, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Type, 2023 (E)
Figure 50: East Asia Market Value Share, By End User, 2023 (E)
Figure 51: East Asia Market Value Share, By Country, 2023 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by End User, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Type, 2023 (E)
Figure 58: Oceania Market Value Share, By End User, 2023 (E)
Figure 59: Oceania Market Value Share, By Country, 2023 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by End User, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Type, 2023 (E)
Figure 66: Middle East and Africa Market Value Share, By End User, 2023 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2023 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by End User, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: UNITED STATES Market Value Share, By Type, 2023 (E)
Figure 75: UNITED STATES Market Value Share, By End User, 2023 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Type, 2023 (E)
Figure 78: Canada Market Value Share, By End User, 2023 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Type, 2023 (E)
Figure 81: Mexico Market Value Share, By End User, 2023 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Type, 2023 (E)
Figure 84: Brazil Market Value Share, By End User, 2023 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: UNITED KINGDOM Market Value Share, By Type, 2023 (E)
Figure 87: UNITED KINGDOM Market Value Share, By End User, 2023 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Type, 2023 (E)
Figure 90: Germany Market Value Share, By End User, 2023 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Type, 2023 (E)
Figure 93: France Market Value Share, By End User, 2023 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Type, 2023 (E)
Figure 96: Italy Market Value Share, By End User, 2023 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Type, 2023 (E)
Figure 99: Spain Market Value Share, By End User, 2023 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Type, 2023 (E)
Figure 102: Russia Market Value Share, By End User, 2023 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Type, 2023 (E)
Figure 105: China Market Value Share, By End User, 2023 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Type, 2023 (E)
Figure 108: Japan Market Value Share, By End User, 2023 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Type, 2023 (E)
Figure 111: South Korea Market Value Share, By End User, 2023 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Type, 2023 (E)
Figure 114: India Market Value Share, By End User, 2023 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Type, 2023 (E)
Figure 117: ASEAN Market Value Share, By End User, 2023 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Type, 2023 (E)
Figure 120: Australia Market Value Share, By End User, 2023 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Type, 2023 (E)
Figure 123: New Zealand Market Value Share, By End User, 2023 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Type, 2023 (E)
Figure 126: GCC Countries Market Value Share, By End User, 2023 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Type, 2023 (E)
Figure 129: Turkey Market Value Share, By End User, 2023 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Type, 2023 (E)
Figure 132: South Africa Market Value Share, By End User, 2023 (E)
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Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much is the automotive launch control system market currently worth?
The global automotive launch control system market stands at US$ 10 million in 2023.
What is the sales forecast for automotive launch control systems?
Global sales of automotive launch control systems are expected to reach US$ 20 million by 2033.
What is the projected growth rate for the automotive launch control system market?
The global market is anticipated to surge ahead at a CAGR of 7.1% from 2023 to 2033.
What is the predicted CAGR for the market in Europe?
The European market is estimated to expand at a CAGR of 3.9% during the forecast period.
Which end-user segment is leading the global market?
OEMs are leading end users of automotive launch control systems.
Who are the key suppliers of automotive launch control systems?
Audi AG, Volkswagen Group, Automobili Lamborghini S.p.A, Ferrari SpA, Bugatti Automobiles S.A.S, and Ford Motor Company are leading manufacturers of automotive launch control systems.