Published on : Jul 05, 2018
Albany, New York, July 5, 2018: A new study revealing the current market scenario of automotive flywheel market has been broadcasted to the wide repository of Market Research Hub (MRH). The research study is titled as “Automotive Flywheel Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”, and offers comprehensive analysis and forecast on the future direction of this market. A profiling of key companies operating in this sector is also offered to readers.
For the benefit of the buyers, the report provides a complete outlook on the market’s growth on the basis of revenue in US$ Mn, covering different geographies namely North America, Europe, Asia, Latin America, and Rest of World. In order to offer crystal clear picture of the market to the clients, analysts went extra miles to give precise information about market size, forecast, drivers, restraints, trends and opportunities of all the regions that have been covered in this report. Apart from regional insights, experts have also given comprehensive information on various segments and its sub-segments.
Key Highlights from the Report
• A flywheel is an important part of a car for a smooth ride. It has an extensive measurement wheel with spokes, alongside a heavyweight edge joined to it. It has been analyzed that rising production of vehicles globally in the past few years has boosted the flywheel market significantly. As per the active research evaluations, the global flywheel market for vehicles is likely to expand at a CAGR of more than 4.5%.
• The market for the automotive flywheel is continuously growing as it is one of the cost-effective components for energy absorption. Presently, there are numerous factors which are currently influencing market growth of automotive flywheel market, such as incorporation of flywheels in transmission assembly of vehicles, increasing population, urbanization, and increasing per capita income has empowered society to buy leisure items, which has led to the increasing demand for vehicles.
• Moreover, the research has been analyzed on the basis of flywheel type, materials, transmission, sales channel, and vehicle. By flywheel type, the study covers single mass and dual mass flywheel. By transmission, the semi-automatic transmission segment is expected to expand at a significant rate by 2023 end.
• In terms of geography, Asia Pacific is a major market for automotive flywheels due to the significant production of vehicles in the region. The Asia Pacific is the hub for flywheel manufacturers due to the availability of resources at a lower cost.
At last, the report throws some light on competition involved in the global automotive flywheel market by listing major companies operating in the market some of which are AMS Automotive, AISIN SEIKI Co., Ltd., EXEDY Globalparts, Lavacast, LMB Euroseals (PTY) LTD, Tilton Engineering, American Axle & Manufacturing, Inc., Platinum Driveline, Linamar Corporation, AISIN SEIKI Co., Ltd., JMT Auto Limited, Schaeffler AG, Skyway Precision, Inc., Valeo, and ZF Friedrichshafen AG. Valeo, and ZF Friedrichshafen AG.
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