Automotive Flywheel Market Covid-19 Impact, Including Growth Factors, Applications, Regional Analysis, Key Players, Future Projection

Research Reports

Jan 22, 2021

Market Analysis

The Global Automotive Flywheel Market Is Predicted To Have A Healthy Growth At A 5% CAGR Over The Forecast Period (2018-2023), reveals the latest Market Research Future (MRFR) report. A flywheel is a heavy revolving wheel fixed in a machine that is utilized to increase the momentum of a machine and thus offer a reserve of accessible power or greater stability.

Storing energy to aid the car engine over idle strokes of the piston- exhaust, compression, and suction, dampening out the speed fluctuation of the crankshaft and offering a convenient mounting point both for the starter ring gear and the clutch are some of the key features of flywheels. A flywheel is preferred over general batteries owing to the different benefits that it offers such as ease of operation, higher peak-load capacity, more round-trip efficiency, lesser thermal loss, less maintenance involved, storage capacity not affected by discharging cycle/charging, more lifespan, and higher capacity to store energy.

Various factors are pushing the growth of the automotive flywheel market. These factors, in accordance with the Market Research Future (MRFR) report, include increasing use of automated manual transmission, growing penetration of continuous variable transmission and dual clutch transmission, increasing rate of production as well as, sales of electric vehicles, and rising demand for various factors such as safety, aesthetics and comfort and continuous improvement in technology.

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Market Segmentation

The Market Research Future report offers a wide segmental analysis of the automotive flywheel market on the basis of type, material, sales channel, vehicle type, and transmission.

Based on material, the automotive flywheel market is segmented into aluminum alloys, maraging steel, and cast iron. Of these, the maraging steel segment will have the largest share in the market over the forecast period.

Based on type, the automotive flywheel market is segmented into the dual mass flywheel and single mass flywheel. Of these, the single mass flywheel will dominate the market over the forecast period.

Based on transmission, the automotive flywheel market is segmented into the automatic transmission, semi-automatic transmission, and manual transmission. Of these, the manual transmission segment will lead the market over the forecast period.

Based on vehicle type, the automotive flywheel market is segmented into heavy commercial vehicle, light commercial vehicle, and passenger vehicles. Of these, passenger vehicles will have the maximum share in the market over the forecast period.

Based on the sales channel, the automotive flywheel market is segmented into aftermarket and OEM.

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About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments.

Our deemed analysts make industrial visits and collect valuable information from influential Market players. Our main goal is to keep our clients informed of new opportunities and challenges in various Market Covid-19 Impacts. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

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