Technavio has been monitoring the automotive balance shaft market and it is poised to grow by 16.06 million units during 2020-2024, progressing at a CAGR of 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Automotive Balance Shaft Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions-
- At what CAGR is the market projected to grow during the forecast period 2020-2024?
- Growing at a CAGR of almost 3%, the market growth will accelerate during the forecast period of 2020-2024.
- What is the key factor driving the market?
- Increasing demand for fuel-efficient vehicles is one of the key factors driving market growth.
- Who are the top players in the market?
- AB SKF, American Axle & Manufacturing Inc., Hirschvogel Holding GmbH, Linamar Corp., Melrose Industries Plc, Musashi Seimitsu Industry Co. Ltd., Ningbo Jingda Hardware Manufacture Co. Ltd., OTICS Co. Ltd., SHW AG, and Suzhou Ishikawa Iron Manufacturing Co. Ltd. are some of the major market participants.
- Which region is expected to hold the highest market share in the market?
- APAC
- What is the major trend of the market?
- Development of new material solutions is a major growth factor for the market.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AB SKF, American Axle & Manufacturing Inc., Hirschvogel Holding GmbH, Linamar Corp., Melrose Industries Plc, Musashi Seimitsu Industry Co. Ltd., Ningbo Jingda Hardware Manufacture Co. Ltd., OTICS Co. Ltd., SHW AG, and Suzhou Ishikawa Iron Manufacturing Co. Ltd. are some of the major market participants. The increasing demand for fuel-efficient vehicles will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in fast-growing segments, while maintaining their position in the slow-growing segments.
Automotive Balance Shaft Market 2020-2024: Segmentation
Automotive Balance Shaft Market is segmented as below:
-
Application
- In-line 4-cylinder Engine
- In-line 3-cylinder Engine
- Others
-
Geographic Landscape
- APAC
- Europe
- North America
- South America
- MEA
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Automotive Balance Shaft Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive balance shaft market report covers the following areas:
- Automotive Balance Shaft Market size
- Automotive Balance Shaft Market trends
- Automotive Balance Shaft Market analysis
This study identifies development of new material solutions as one of the prime reasons driving the automotive balance shaft market growth during the next few years.
Automotive Balance Shaft Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the automotive balance shaft market, including some of the vendors such as AB SKF, American Axle & Manufacturing Inc., Hirschvogel Holding GmbH, Linamar Corp., Melrose Industries Plc, Musashi Seimitsu Industry Co. Ltd., Ningbo Jingda Hardware Manufacture Co. Ltd., OTICS Co. Ltd., SHW AG, and Suzhou Ishikawa Iron Manufacturing Co. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the automotive balance shaft market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Automotive Balance Shaft Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist automotive balance shaft market growth during the next five years
- Estimation of the automotive balance shaft market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive balance shaft market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive balance shaft market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019-2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- In-line 4-cylinder engine - Market size and forecast 2019-2024
- In-line 3-cylinder engine - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Application
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- AB SKF
- American Axle & Manufacturing Inc.
- Hirschvogel Holding GmbH
- Linamar Corp.
- Melrose Industries Plc
- Musashi Seimitsu Industry Co. Ltd.
- Ningbo Jingda Hardware Manufacture Co. Ltd.
- OTICS Co. Ltd.
- SHW AG
- Suzhou Ishikawa Iron Manufacturing Co. Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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