Automotive Flywheel Market Business Revenue, Future Scope, Market Trends, Key Players and Forecast to 2023
Automotive Flywheel Market Research Report: Information by Material (Cast Iron, Maraging Steel, Aluminum Alloy), Type (Single Mass and Dual Mass), Transmission (Manual, Semi-Automatic, Automatic), Vehicle Type (Passenger Car, LCV, and HCV), Sales Channel, Region – Global Forecast till 2023
Automotive Flywheel Market Highlights
A Flywheel in an automobile is used for storage and transmission of power to the driveline of the automobile. Rising demand for automobiles globally will drive the market for flywheels. Besides, increase in demand for consumer preference for comfort in automobiles due to increase in purchasing power of people will further increase the growth of flywheels. Technological developments such as weight reduction by using various materials will be a major factor driving the flywheel market.
Automotive Flywheel Market Size To Expand at a Notable CAGR Of 5% During 2018 – 2023.
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The prominent players in the global flywheel market market include Schaeffler AG (Germany), American Axle & Manufacturing,Inc. (US), AISIN SEIKI Co., Ltd (Japan), Linamar Corportation (Canada), ZF Friedrichshafen AG (Germany), Valeo SA (France), LUTHRA INDUSTRIAL CORP (India), Skyway Precision, Inc. (US), Ford Motor Company (US), and Iljin (Korea).
Market Research Analysis
In terms of region, the global market for the automotive flywheel is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is estimated to hold the highest revenue market share in 2017 and dominate during the forecast period. Presence of China, India, Japan, where the sales of automobiles has continuously been increasing due to the increased urbanization and growing purchase of consumers, has further driven the market for flywheels in this region.
Continuous improvement in technology for weight reduction of flywheels will further enhance the Asia-Pacific market size. In Europe, consumer preference for manual transmission will drive the growth for automotive flywheel market. North America is estimated to hold the second highest revenue market share and continue its growth during the forecast period.
Scope of the Report
This study provides an overview of the global automotive flywheel market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive flywheel market by material, type, transmission, vehicle type, sales channel and regions.
Single Mass Flywheel
Dual Mass Flywheel
Manual , Transmission
By Vehicle Type
Light Commercial Vehicle
Heavy Commercial Vehicle
Rest of the World
Table Of Contents
1. Executive Summary
2. Scope Of The Report
2.1. Market Definition
2.2. Scope Of The Study
2.2.2. Research Objective
2.3. Research Process
2.3.1. Primary Research
2.3.2. Secondary Research
2.4. Market Size Estimation
2.5. Forecast Model
3. Market Landscape
3.1. Porter’s Five Forces Analysis
3.1.1. Threat Of New Entrants
3.1.2. Bargaining Power Of Buyers
3.1.3. Threat Of Substitutes
3.1.4. Segment Rivalry
3.1.5. Bargaining Power Of Buyers
3.2. Value Chain/Supply Chain Analysis
4. Market Dynamics
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Market Trends
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