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Automotive Balance Shaft Market to Rear Excessive Growth During 2015 – 2025

05-24-2018 12:55 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Automotive Balance Shaft Market to Rear Excessive Growth During

In an automotive engine, especially in engines with asymmetric design, the engine experiences a second level of vibration, even the well-balanced engines with asymmetric design experience the second level vibration. The automotive balance shaft is integrated with vehicle engines for offsetting the vibration effect that the engine creates. The balance shaft is a complex part that needs to design precisely, to make sure it’s compatible with the engine system. Globally, the demand for automotive balance shaftis forecast to grow in the future as the demand for noise, vibration and harshness free engines is increasing.

Globally, the demand for ‘Inline-4 Cylinder Engine’ is growing, especially in the Asia-Pacific. The demand for environmental friendly vehicles is on the rise, due to the stringent government emission regulations. Original equipment manufacturers of automotive are integrating balance shaft in the vehicles to offer vehicle engines with reduced/negligible noise, vibration and harshness.

All the above factors are fueling the growth for global balance shaft market. Original equipment manufacturers are increasing using aluminum balance shafts for their weight and strength advantage. The growing importance of electric vehicles and increasing sales of sports utility vehicles & luxury vehicles with high-performance engines are inhibiting the global balance shaft market growth.

To view TOC of this report is available upon request @ https://www.futuremarketinsights.com/toc/rep-gb-559

The global automotive balance shaft market by volume is expected to expand at a CAGR of around 5-7% during the forecast period (2015-2025), due to increasing demand for vehicle with incline-4 cylinder engine, need to reduce noise, vibrations and harshness levels, etc.Automotive Balance Shaft Market Segmentation Based on manufacturing process: Forged Balance Shaft, Cast Balance Shaft; Based on Engine Type: Inline-3 Cylinder Engine, Inline-4 Cylinder Engine, Inline-5 Cylinder Engine

The global automotive balance shaft market is expectedto register a single-digit CAGR for the forecast period. Depending on geographic regions, global automotive energy recovery market is segmentedinto seven key regions: North America, South America, Eastern Europe, Western Europe, Asia-Pacific, Japan, and Middle East & Africa. In terms of market revenue, Asia-Pacific automotive balance shaft market is projectedto register a significant CAGR during the forecast period.

Growing automotive production, stringent government emission norms, changing consumer preferences, are some of the factors which are fueling the growth of automotive balance shaft market in Asia-Pacific. India and China are forecast to register a significant growth in the Asia-Pacific automotive balance shaft market, as automotive production in these countries is on the rise.Some of the key market participants in global balance shaft market are SHW AG, Otics Corporation, Metaldyne LLC, Musashi Seimitsu Industry Co.Ltd, TFO Corporation, Sansera Engineering, Engine Power Components Inc, Ningbo Jingda Hardware Manufacture Co.Ltd

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About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

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