Automotive Flywheel - Global Market Outlook (2017-2023)
According to Stratistics MRC, the Global Automotive Flywheel Market is expected to grow at a CAGR of 5.3% from 2016 to 2023. Rising adoption of Dual Clutch Transmission (DCT) and Continuous Variable Transmission (CVT), increase in penetration of dual-mass flywheel, rising demand for automated transmission systems in developing countries and growing research on substitute materials are the factors driving the market growth. However, rising sales of electric vehicles is hampering the automotive flywheel market. Increasing research on emerging technologies such as Kinetic Energy Recovery System (KERS) and continuous energy storage in vehicles are some of the major trends prevailing in the market.
Passenger cars segment dominated the overall application market and is expected to continue its dominance over the forecast period due to growing demand for passenger cars, SUVs and crossovers across the globe. Asia Pacific is anticipated to be the largest market for automotive flywheel owing to mass vehicle production in China, India, Japan and South Korea as well as adoption of automated transmission systems.
Some of the key players in global Automotive Flywheel market are EXEDY, Linamar, Mancor, Metaldyne, Schaeffler, Skyway Precision, Valeo, Waupaca Foundry and ZF Friedrichshafen AG.
Applications Covered: • Light Commercial Vehicles (LCVs) • Medium and Heavy Commercial Vehicles (M&HCV) • Passenger Cars
Regions Covered: • North America US Canada Mexico • Europe Germany France Italy UK Spain Rest of Europe • Asia Pacific Japan China India Australia South Korea Rest of Asia Pacific • Rest of the World Middle East Brazil Argentina South Africa Egypt What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements