Automotive Flywheel Market Trends, and Forecast 2018 - 2026

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Automotive Flywheel Market to Expand with Signi몭cant CAGR during 2026 Date: February 24, 2022 Author: Tech News

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According to a new market report published by Transparency Market Research titled “Automotive Flywheel Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,”the global ywheel market for vehicles is likely to expand at a CAGR of more than 4.5%.

The automotive ywheel market is growing at a consistent pace owing to the incorporation of ywheels in transmission assembly of vehicles; however, the market for ywheels is anticipated to be hampered by the growing market for vehicles with automatic transmission systems. Automatic transmission systems encompass ex plate instead of ywheels which is used in vehicles for absorption of extra energy. The expanding electric vehicles market is likely to be another threat for the ywheel market due to its elimination from electric vehicles.

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Rising production of vehicles globally in the past few years has boosted the ywheel market signi cantly. Growing industrialization and growing service sectors have extensively driven the demand for commercial vehicles.

Increasing production of vehicles is another major factor driving the automotive ywheel market. Increasing population, urbanization, and purchasing power of the population are the major factors boosting the production of vehicles. Increasing per capita income has empowered society to buy leisure items, which has led to the increasing demand for vehicles.

Collective growth of passenger and commercial vehicles is likely to enhance the market for ywheels at a signi cant rate. Continuous improvement in the technology over a period of time to ful ll the rising demand in view of different factors such as safety, comfort, and aesthetics is likely to expand the market of ywheels for automotive. Thus, to enhance the comfort factor (by reducing the vibration produced within the transmission assembly), manufacturers have developed different technologies. Competition among ywheel manufacturers is anticipated to be a key factor for the thrust of the ywheel market as manufacturers keep developing ywheels with different features to differentiate their products and match the speed, weight, and transmission requirements of automotive manufacturers. Rising penetration of semi-automatic transmission systems globally such as DCT (Dual Clutch Transmission) and AMT (Automated Manual Transmission) in passenger as well as commercial vehicles is likely to drive the ywheel market through the forecast period.

Based on the type of ywheels, single mass ywheels hold the major share of the automotive ywheel market. Penetration of single mass ywheel is higher in vehicles owing to its low cost and simple design as compared to dual mass ywheels. However, the penetration of dual mass ywheel is rising in passenger and light commercial vehicles to improve the comfort factor of the vehicles by absorbing the produced vibration. Moreover, dual mass ywheels

are incorporated in premium segment vehicles and are continuously penetrating the low cost vehicle models. Due to various advantages of single mass ywheel over dual mass ywheels such as ability to use it repetitively after resurfacing, lower cost, and light weight, single mass ywheel is preferred in many vehicles over dual mass ywheels.

Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php? ag=B&rep_id=28628 On the basis of the materials used for manufacturing of ywheels, maraging steel is highly preferred as it possesses high strength which enhances the durability of automotive ywheels. However, ywheels made of aluminum alloys are preferred for application in sports cars due to their light weight and high speed requirement. Cast iron segment is witnessing signi cant growth owing to cost advantages and better machinability. Moreover, cast iron is highly preferred for the manufacturing of ywheel for light commercial vehicles and heavy commercial vehicles. Based on different transmission systems, manual transmission segment and semi-automatic segment are likely to expand signi cantly over the forecast period. Manual transmission segment is growing continuously due to its high preference in Europe.

The global automotive ywheel market is witnessing rapid expansion. Asia Paci c holds a major share of the global market due to the presence of major manufacturing facilities concentrated in China, India, and Japan owing to the availability of low cost skilled labor, reduced import duties, and provision for setting up manufacturing plants in these countries at low investment cost.

Lower investment for manufacturing enables manufacturers to reduce the cost of the product, which boosts the demand for their product, as compared to competitors.

A few large players account for a major share of the ywheel market for vehicles, while the remaining share is distributed between small

manufacturers. Key players in the ywheel market for automotive are expected to bene t from the formation of strategic alliances with global players in the ywheel market for vehicles. Major players operating in the global ywheel market for automotive include AISIN SEIKI Co.,Ltd., American Axle & Manufacturing, Inc., AMS Automotive, EXEDY Globalparts, JMT Auto Limited, Lavacast, LMB Euroseals (PTY) LTD, Tilton Engineering, Linamar Corporation, Platinum Driveline, Schaef er AG, Skyway Precision, Inc., Valeo, and ZF Friedrichshafen AG. Valeo, AISIN SEIKI Co., Ltd., and ZF Friedrichshafen AG are leading companies and have a large product portfolio as compared to other ywheel manufacturers. Valeo has an extensive portfolio for automotive ywheels and is one of the leading manufacturers, holding a major share in the aftermarket sales channel.

Get COVID-19 Analysis @ https://www.transparencymarketresearch.com/sample/sample.php? ag=covid19&rep_id=28628 The global automotive ywheel market is segmented as follows: Global Automotive Flywheel Market, by Flywheel Type Single Mass Flywheel Dual Mass Flywheel Global Automotive Flywheel Market, by Material Cast Iron Maraging Steel Aluminum Alloy Global Automotive Flywheel Market, by Transmission Manual Transmission Semi-Automatic Transmission Automatic Transmission

Automatic Transmission Global Flywheel Market for Automotive Revenue, by Sales Channel Original Equipment Manufacturer (OEM) Aftermarket Global Flywheel Market for Automotive Revenue, by Vehicle Passenger Vehicle Light Commercial Vehicle Heavy Commercial Vehicle Enquiry Before Buying : https://www.transparencymarketresearch.com/sample/sample.php? ag=EB&rep_id=28628 About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail exible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the uni ed market intelligence engine. Sign Up for a 7 day free trial!

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