Automotive Flywheel Market Global Opportunity Analysis and Industry Forecast, 2018 – 2025 With Key Players Schaeffler Group, Linamar Corporation, ZF Friedrichshafen AG, Valeo, EXEDY Corporation & More
Several tradeoffs are taken into consideration while designing a flywheel system, and the end results vary greatly depending on the requirements of the end application. For instance, power flywheels such as the ABB short-circuit generator deliver a stunning 4,000 MVA and short-circuit current of 100 kA rms for short durations of time. On the other side, the variations in flywheel such as a lightweight energy flywheel with a rotor specific energy of 195 Wh/kg is comparable to that of Li-ion batteries.
Additionally, automotive flywheels store energy during the power stroke and deliver it during idle strokes. Therefore, when the flywheel absorbs energy, its speed increases and when it releases energy, the speed decreases. Hence, a flywheel does not maintain a constant speed, it simply reduces the fluctuation of speed.
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Automotive flywheels are made from different materials. Small flywheels made of lead are found in childrens toys. Cast iron flywheels are used in old steam engines of the passenger cars. Flywheels used in cars to smooth power-transmission is made of cast or nodular iron, steel, or aluminum. Flywheels made from high strength steel or composites have been proposed for use in vehicle power storage and braking systems.
Increase in adoption of automated manual transmission and growth in penetration of dual clutch transmission and continuous variable transmission (CVT) are the main factors that drive the global automotive flywheel market. Moreover, rise in production and sales of vehicles increases the demand for the adoption of flywheels in many applications. In addition, adoption of duel mass flywheels by various Original Equipment Manufacturer (OEM) to reduce the weight of the engine by developing lightweight components to enhance fuel efficiency is expected to boost the growth of the global automotive flywheel market over the forecast period. However, increase in adoption of electric vehicles restrains the growth of the global market. Furthermore, technological advancements in kinetic energy recovery system and rise in demand for different factors such as comfort, aesthetics & safety, and continuous improvement in technology provide lucrative opportunities for the expansion of the global automotive flywheel market.
The automotive flywheel market is segmented based on type, material, transmission technology, sales channel, vehicle type, and region. The type segment includes single mass, dual mass, and others. On the basis of material segment, the market is segregated into cast iron, maraging steel, and aluminum alloy. Based on transmission technology, it is categorized into manual transmission, semi-automatic transmission, and automatic transmission. Based on sales channel, the market is bifurcated into OEM and Aftermarket. On the basis of vehicle type, it is segmented into passenger and commercial vehicles. The market is analyzed across North America, Europe, Asia-Pacific, and Latin America and Middle East (LAMEA).
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The key players operating in the global automotive flywheel market include Schaeffler Group, Linamar Corporation, ZF Friedrichshafen AG, Valeo, EXEDY Corporation, Mancor Industries, Metaldyne Performance Group Inc, Skyway Precision Inc, and Waupaca Foundry, Inc.
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