Global Automotive Fly Wheel Market By Vehicle Type (Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles), By Product Type (Single Mass, Dual Mass, Others), By Demand Category (OEM v/s Aftermarket), By Technology (Manual Transmission, Semi-Automatic Transmission, Automatic Transmission), By Material (Aluminum, Cast Iron, Steel), By Region, Competition, Forecast & Opportunities, 2026
New York, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Automotive Fly Wheel Market By Vehicle Type, By Product Type, By Demand Category, By Technology, By Material, By Region, Competition, Forecast & Opportunities, 2026" - https://www.reportlinker.com/p06020637/?utm_source=GNW
The Global Automotive Fly Wheel Market is expected to grow at a steady rate during the forecast period.The Global Automotive Fly Wheel Market is driven by the increasing demand for light weight and energy efficient vehicles that require lesser fuel.
Additionally, increasing consumer needs for more comfort, enhanced safety, aesthetics, among others are further expected to propel the market growth.Furthermore, technological advancements and new product launches by the major OEMs operating in the market is further expected to create lucrative opportunities for the market growth through 2026.
However, increased adoption of electric vehicles can hamper the market growth over the next few years. Besides, the increasing trend of using refurbished equipment or just repairing them rather than replacing is further impeding the market growth during forecast period.
The Global Automotive Fly Wheel Market is segmented based on vehicle type, product type, application, electric vehicle type, demand category, technology, material, company and region.Based on the vehicle type, the market has been categorized into passenger cars, light commercial vehicles and heavy commercial vehicles.
The passenger cars segment is expected to dominate the market on account of the increasing sales and production of passenger cars.Based on product type, the market can be fragmented into single mass, dual mass and others.
The single mass is expected to dominate the market owing to the low cost and simple design of these.Additionally, advantages such as ability to use it repetitively after resurfacing, light weight, low cost, among others associated with single mass is further expected to drive the market growth.
Based on material, the market can be fragmented into aluminium, cast iron and steel. Steel is expected to dominate the market on account of its high strength which enhances durability of automotive fly wheels. The aluminium segment is expected to grow significantly on account of its increasing use in sports cars on account of its less weight and high speed regulation.
Regionally, the Global Automotive Fly Wheel Market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa.North America is expected to dominate the overall automotive fly wheel market owing to the presence of large number of OEMs operating in the market in the region.
While, the Asia Pacific region is expected to witness significant growth during forecast period owing to the increasing vehicle production and sales in the region. Additionally, low cost of labor, reduced import duties and opportunity to setup manufacturing facilities in the region at an affordable cost.
The major players operating in the Global Automotive Fly Wheel Market are Valeo, ZF Friedrichshafen AG, Linamar Corporation, Schaeffler Group, Skyway Precision, EXEDY Corporation, Tupy, Skyway Precision Inc., American Axle & Manufacturing, Inc., JMT Auto Limited, Lavacast, LMB Euroseals (PTY) LTD, Tilton Engineering, AISIN SEIKI Co., Ltd. and others. Major companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the Study:
• To analyze and estimate the market size of the Global Automotive Fly Wheel Market from 2016 to 2019.
• To estimate and forecast the market size of the Global Automotive Fly Wheel Market from 2020 to 2026 and growth rate until 2026.
• To classify and forecast the Global Automotive Fly Wheel Market based on vehicle type, product type, demand category, technology, material, company and regional distribution.
• To identify dominant region or segment in the Global Automotive Fly Wheel Market.
• To identify drivers and challenges for the Global Automotive Fly Wheel Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Automotive Fly Wheel Market.
• To identify and analyze the profile of leading players operating in the Global Automotive Fly Wheel Market.
• To identify key sustainable strategies adopted by market players in the Global Automotive Fly Wheel Market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers across the globe.
Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.
Through this technique, the analyst could include the manufacturers which could not be identified due to the limitations of secondary research. The analyst examined the manufacturers, distribution channels and presence of all major players across the globe.
The analyst calculated the market size of the Global Automotive Fly Wheel Market by using a bottom-up approach, wherein the data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key Target Audience:
• Automotive fly wheel manufacturers/ suppliers/ distributors
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to automotive fly wheel
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
In this report, the Global Automotive Fly Wheel Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Global Automotive Fly Wheel Market, By Vehicle Type:
o Passenger Cars
o Light Commercial Vehicles
o Commercial Vehicles
• Global Automotive Fly Wheel Market, By Product Type:
o Single Mass
o Dual Mass
• Global Automotive Fly Wheel Market, By Demand Category:
• Global Automotive Fly Wheel Market, By Technology:
o Manual Transmission
o Semi-Automatic Transmission
o Automatic Transmission
• Global Automotive Fly Wheel Market, By Material:
o Cast Iron
• Global Automotive Fly Wheel Market, By Region:
o North America
o Middle East & Africa
o South America
Company Profiles: Detailed analysis of the major companies present in the Global Automotive Fly Wheel Market.
With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p06020637/?utm_source=GNW
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