Automotive Launch Control System Market

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

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.

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.

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