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Automotive Flywheel Market

Automotive Flywheel Market Size, Share and Segmentation by Flywheel Type (Single Mass, Dual Mass, Others), by Material (Cast Iron, Maraging Steel, Aluminum Alloy), by Transmission (Manual Transmission, Semi-Automatic Transmission, Automatic Transmission), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/AUTO/2128 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Automotive Flywheel Market Size grow at a CAGR of 2.9% over the forecast period 2022-2028.

The flywheel in an automobile is used to transmit power from the engine to the propeller shaft or driving shaft of the vehicle. Steel is the typical material used to construct flywheels. Because of the flywheel's moment of inertia, it is resistant to the changes in rotating speed. In addition to its role as a mounting surface for the clutch assembly, the flywheel also performs the function of a heat sink, which is responsible for the removal of heat generated by the clutch's pressure plate and disc. A disc is clamped between the flywheel and the pressure plate when the clutch is engaged. This causes power to be transferred from the engine to the transmission. Engagement refers to the moment when the clutch comes into contact with the flywheel. Energy stored during the power stroke of an automotive flywheel is released during idle strokes.

As a result, the flywheel's speed increases when it receives energy and lowers when it releases it. Thus, a flywheel does not maintain a constant speed, but rather minimizes the amplitude of the speed fluctuations. Power flywheels like the ABB short-circuit generator are capable of delivering a short-circuit current of 100 kA rms for brief periods of time and a staggering 4,000 MVA.

MARKET DYNAMICS: 

KEY DRIVERS: 

  • Automated manual transmissions are becoming more popular.

  • Automotive flywheels are being driven by the increasing use of DCTs and CVTs.

  • Increases in vehicle production & sales are driving up the need for flywheels across a wide range of industries.

  • OEMs are expected to use dual mass flywheels to lighten their engines by manufacturing lightweight components.

RESTRAINTS: 

  • The global market for electric vehicles is being stifled by an increase in the use of electric automobiles.

  • The market's growth is anticipated to be curtailed if conventional transmissions are removed from electric vehicles.

OPPORTUNITIES: 

  • Innovations in kinetic energy recovery systems technology.

  • A surge in demand for various factors, including comfort, attractiveness, and safety.

  • The worldwide automotive flywheel market is expanding at a rapid pace due to technological advances.

CHALLENGES: 

  • The automotive flywheel market is facing headwinds from issues with vehicle use and maintenance.

  • A big problem for the aftermarket is the growing trend of fixing things instead of replacing them.

IMPACT OF COVID-19:

As the COVID-19 epidemic begins to spread, market participants are anticipated to shift their attention to promoting their products on digital channels in order to increase the visibility of their brands. In addition, market participants should also be expected to work together with the leaders of regional markets in order to increase their respective market shares. While it is expected that inorganic development tactics will gain a substantial amount of traction, businesses should evaluate the effects that the COVID-19 epidemic will have on their organizational structure and devise plans that will allow them to remain relevant in the present market scenario. In the years to come, the expansion of the worldwide automotive dual mass flywheel market is projected to be driven mostly by the expanding demand from automakers. This factor is likely to be the market's most important driving force.

KEY MARKET PLAYERS:

Schaeffler AG (Germany), ZF Friedrichshafen AG (Germany), Valeo SA (France), American Axle & Manufacturing, Inc. (the US), Ford Motor Company (US), AISIN SEIKI Co., Ltd (Japan), Linamar Corporation (Canada), LUTHRA INDUSTRIAL CORP (India), Skyway Precision, Inc. (the US), and Iljin (Korea) are some of the affluent competitors with significant market share in the Automotive Flywheel Market.

MARKET ESTIMATION: 

Market, By Flywheel Type:

The global market has been divided into Single Mass, Dual Mass, and Others based on the flywheel type segment. Dual mass flywheels are typically installed in premium automobiles; hence their market should develop during the forecast period. Single mass flywheels are used in most commercial vehicles, sports cars, and premium cars. Single mass flywheels are lighter, thus they're better for fast cars.

Market, By Material:

The global market has been divided into Cast Iron, Maraging Steel, and Aluminum Alloy Based on the material segment. Cast iron flywheels are utilized in ancient passenger vehicle steam engines. Flywheels are constructed of cast or nodular iron, steel, or aluminum and are used in automobiles to smooth power transmission. High-strength steel or composite flywheels have been proposed for use in vehicle power storage and braking systems.

Market, By Transmission:

The global market has been divided into Manual Transmission, Semi-Automatic Transmission, and Automatic Transmission based on the transmission segment. Because semi-automatic transmissions are less expensive than automatic transmissions, they are likely to grow at a rapid pace. Semi-automatic transmissions are becoming increasingly popular since they are more convenient to drive and use less fuel than manual transmissions.

MARKET SEGMENTATION:

By Flywheel Type:

  • Single Mass

  • Dual Mass

  • Others

By Material:

  • Cast Iron

  • Maraging Steel

  • Aluminum Alloy

By Transmission:

  • Manual Transmission

  • Semi-Automatic Transmission

  • Automatic Transmission

Automotive Flywheel Market Segment Chart

REGIONAL ANALYSIS:

The global market for automotive flywheels has been broken down into four primary regions: North America, Europe, Asia-Pacific, and the Rest of the World. As a result of increasing urbanization and rising spending power among consumers, it is anticipated that Asia-Pacific will maintain its position as the region with the greatest revenue market share throughout the duration of the projection period. Additionally, there is anticipated to be a rise in the production and sales of automobiles, which is anticipated to further enhance the need for flywheels in this region. The accessibility of low-cost skilled labor decreased import duties, and other incentives for setting up manufacturing plants also contribute to the growth of the market in this area. On the other hand, Europe will witness its growth rate due to advancements in automotive technology.

REGIONAL COVERAGE:

  • North America

    • The USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • The UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Automotive Flywheel Market Report Scope:
Report Attributes Details
CAGR CAGR of 2.9% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Flywheel Type (Single Mass, Dual Mass, Others)
• by Material (Cast Iron, Maraging Steel, Aluminum Alloy)
• by Transmission (Manual Transmission, Semi-Automatic Transmission, Automatic Transmission)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Schaeffler AG (Germany), ZF Friedrichshafen AG (Germany), Valeo SA (France), American Axle & Manufacturing, Inc. (the US), Ford Motor Company (US), AISIN SEIKI Co., Ltd (Japan), Linamar Corporation (Canada), LUTHRA INDUSTRIAL CORP (India), Skyway Precision, Inc. (the US), and Iljin (Korea)
Key Drivers •Automated manual transmissions are becoming more popular.

•Automotive flywheels are being driven by the increasing use of DCTs and CVTs.
RESTRAINTS •The global market for electric vehicles is being stifled by an increase in the use of electric automobiles.

•The market's growth is anticipated to be curtailed if conventional transmissions are removed from electric vehicles.


Frequently Asked Questions (FAQ) :

Ans:- 2.9% is the CAGR of the Automotive Flywheel Market in the forecast period.

Ans:- Asia pacific region is anticipated to be the primary driver of the market.

Ans:- Increasing use of DCTs and CVTs and increases in vehicle production & sales are the primary market drivers for Automotive Flywheel Market.

Ans:- The study includes a comprehensive analysis of market trends, as well as present and future market forecasts. DROC analysis, as well as impact analysis for the projected period. Porter’s five forces analysis aids in the study of buyer and supplier potential as well as the competitive landscape etc.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of the Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Automotive Flywheel Market Segmentation, By Flywheel Type

8.1 Single Mass

8.2 Dual Mass

8.3 Others

 

9. Global Automotive Flywheel Market Segmentation, By Material

9.1 Cast Iron

9.2 Maraging Steel

9.3 Aluminum Alloy

 

10. Global Automotive Flywheel Market Segmentation, By Transmission

10.1 Manual Transmission

10.2 Semi-Automatic Transmission

10.3 Automatic Transmission

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 the USA

11.2.2  Canada

11.2.3  Mexico

11.3 Europe

11.3.1  Germany

11.3.2  the UK

11.3.3  France

11.3.4  Italy

11.3.5  Spain

11.3.6  The Netherlands

11.3.7  Rest of Europe

11.4 Asia-Pacific

11.4.1  Japan

11.4.2  South Korea

11.4.3  China

11.4.4  India

11.4.5  Australia

11.4.6  Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1  Israel

11.5.2  UAE

11.5.3  South Africa

11.5.4  Rest

11.6 Latin America

11.6.1  Brazil

11.6.2  Argentina

11.6.3  Rest of Latin America

 

12. Company Profiles

12.1 ZF Friedrichshafen AG (Germany),

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Schaeffler AG (Germany)

12.3 Valeo SA (France)

12.4 American Axle & Manufacturing, Inc. (the US)

12.5 Ford Motor Company (US)

12.6 AISIN SEIKI Co., Ltd (Japan)

12.7 Linamar Corporation (Canada)

12.8 LUTHRA INDUSTRIAL CORP (India)

12.9 Skyway Precision, Inc. (the US)

12.10 Iljin (Korea)

 

13. Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

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Secondary Research

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