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Torsional Vibration Damper Market Trends And Strategies Scrutinize In A New Research Study

03-03-2021 08:37 PM CET | Logistics & Transport

Press release from: Allied Market Research

Torsional Vibration Damper Market

Torsional Vibration Damper Market

The torsional vibration damper is crankshaft pulley that comprises rubber material for dampening the vibrations produced within the engine compartment due to rotation of the crankshaft. In an internal combustion engine, crankshaft vibration is inherent because of the uneven forces that directly acts on the crankshaft. The rotation of the crankshaft produces vibration in the engine compartment, which is dampened by torsional vibration dampers. The rubber material is mounted between the two metal parts. In most modern engines, torsional vibration is a major cause of noise and vibration, thus torsional vibration dampers are extensively utilized to neutralize all causes of vibration. The market for torsional vibration dampers is likely to expand at a significant pace during the forecast period due to the rise in the production of vehicles and the development of engines that produce higher torsional vibration. In most modern engines, the working force on the crankshaft is very high which is expected to boost the market growth during the forecast period.

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Regions covered
North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa)

Companies covered
TrelleborgVibracoustic, Schaeffler Group, ZF Friedrichshafen AG, Valeo, CONTINENTAL AG, BorgWarner, Knorr-Bremse Group, MPG, Geislinger and Dr. Werner R

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Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Some of the factors that boost the market growth include increase in use of passenger vehicles and the rise in development of engines that produce higher torsional vibration. However, the rise in preference of society for electric vehicles is a major factor restraining the automotive torsional vibration dampers market. Furthermore, frequent replacement of torsional vibration dampers in agricultural vehicles creates significant opportunities for aftermarket growth during the forecast period.

The torsional vibration damper market trends are as follows:

Increase in use of passenger vehicles
The upsurge in the passenger vehicles demand has been noted in the past few years resulting in extensive production of automobiles. In addition to that, consumer preference for improved and safer driving experience has increased. Better engine performance and reliability on torsional vibration damper are expected to amplify the growth of the global torsional vibration damper market. Moreover, lowered fuel consumption and ride comfort with the increased usage of passenger vehicles are projected to primarily drive the torsional vibration damper market during the forecast period.

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Rise in development of engines that produce higher torsional vibration
The manufacturers while providing superior quality torsional vibration dampers, are also engaging in the research and development of producing higher torsional vibration. In addition, the torsional vibration dampers are pretty expensive for aftermarket replacement but the cutting edge market competition is expected to lower down the price in the coming years. Moreover, innovation in torsional vibration dampers with two degrees of freedom made in a relatively simple design and low production costs is directing the market towards growth. With the growing hybridization and electrification of vehicles, torsional vibration damper technology is expected to experience growth during the forecast period.

Contact:
David Correa
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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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