Automotive Flywheel Market Size, Share, Growth, Trends, Production, Consumption and Forecast 2020 to 2027

Published Date : Jan 2020 | No. of Pages : 140 Pages | Category :

The global automotive flywheel market size is expected to reach around US$ 31 bn by 2027 and market is likely to expand at a CAGR of more than 4.5% during the forecast period 2020 to 2027.

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

Flywheel is an energy storage disc that primarily reduces the fluctuation of energy by absorbing the extra energy produced at power stroke of the engine. Automotive flywheels are circular structures that are generally made of steel or cast iron. The main function of the automotive flywheel is to stock energy from each piston’s power stroke, and then send it to the crankshaft so that it continues rotating effortlessly through the next power stroke. The secondary function is to dampen damaging torsional spikes caused by engine vibration. Automotive flywheels are bolted to the engine crankshaft and serve as the mounting-surface of the clutch assembly. During engagement, the disc is clamped between the pressure plate and flywheel, resulting in power transfer from the engine to the transmission.

The global automotive flywheel market is expanding due to rising penetration of semi-automatic transmission systems such as dual clutch transmission and automated manual transmission, coupled with the increasing production of vehicles. Increasing production of vehicles is a major factor driving the automotive flywheel 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. The market for automotive flywheel is continuously growing as it is one of the cost effective components for energy absorption. The growing market for electric vehicles may affect the market for automotive flywheels owing to elimination of engines from vehicles as the prime function of flywheels is to absorb the vibration produced from internal combustion engines. Removal of the entire conventional transmission system from electric vehicles is likely to reduce the growth of the automotive flywheel market.

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 flywheel 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 flywheels at a significant rate. Continuous improvement in the technology over a period of time to fulfill the rising demand in view of different factors such as safety, comfort, and aesthetics is likely to expand the market of flywheels for automotive. Thus, to enhance the comfort factor (by reducing the vibration produced within the transmission assembly), manufacturers have developed different technologies. Competition among flywheel manufacturers is anticipated to be a key factor for the thrust of the flywheel market as manufacturers keep developing flywheels 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 flywheel market through the forecast period.

The Automotive Flywheel market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Automotive Flywheel market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Automotive Flywheel market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Automotive Flywheel market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Automotive Flywheel market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Automotive Flywheel capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Automotive Flywheel by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Automotive Flywheel market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Automotive Flywheel market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Automotive Flywheel market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Automotive Flywheel industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Automotive Flywheel market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Automotive Flywheel market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Automotive Flywheel market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Automotive Flywheel market. These factors have benefited the growth of the global market for Automotive Flywheel. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Automotive Flywheel. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

Key Players

A few large players account for a major share of the flywheel market for vehicles, while the remaining share is distributed between small manufacturers. Key players in the flywheel market for automotive are expected to benefit from the formation of strategic alliances with global players in the flywheel market for vehicles. Major players operating in the global flywheel 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, Schaeffler 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 flywheel manufacturers. Valeo has an extensive portfolio for automotive flywheels and is one of the leading manufacturers, holding a major share in the aftermarket sales channel.

Segmentation

  • 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
  • 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
  • Global Flywheel Market for Automotive Revenue, by Geography
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Europe
      • Germany
      • France
      • UK
      • Spain
      • Italy
      • Rest of Europe
    • Asia Pacific
      • Japan
      • China
      • India
      • ASEAN
      • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

In this study, the years considered to estimate the market size of Automotive Flywheel are as follows:

  • History Year: 2016-2019
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Year 2020 to 2027

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.

Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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