Global Automotive Dual Mass Flywheel Market Set to Achieve US$ 8 Billion by 2030, Driving Smooth Transitions in Automobiles -TMR Study

The Global Automotive Dual Mass Flywheel market is estimated to attain a valuation of US$ 8 Billion by the end of 2030, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 3.8% during the forecast period, 2023-2030.

A dual mass flywheel (DMF) is a type of flywheel that uses two masses connected by a spring damper system to reduce engine vibration and noise. DMFs are commonly used in diesel and turbocharged gasoline engines, which produce more vibration than traditional gasoline engines.

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Market Drivers

• Expanding Vehicle Production
The increasing production of vehicles, particularly passenger cars and commercial vehicles, is fueling the demand for dual mass flywheels.
• Consumer Demand for Comfort
Consumers are increasingly inclined toward vehicles offering superior driving comfort, with dual mass flywheels playing a crucial role in reducing vibrations and noise.

Market Challenges

• Cost and Complexity
The cost and complexity associated with the manufacturing of dual mass flywheels can pose challenges for both vehicle manufacturers and aftermarket suppliers.
• Technological Advancements
The necessity to stay abreast of evolving automotive technologies and materials to remain competitive in the market.

Market Trends

• Lightweight Materials
The incorporation of lightweight materials, such as aluminum and advanced composites, in the production of dual mass flywheels to reduce overall vehicle weight.
• Enhanced Fuel Efficiency
Dual mass flywheels are being designed to improve fuel efficiency by diminishing engine vibrations and optimizing power transmission.
• Regulatory Compliance
The growing need for compliance with stringent environmental regulations is driving the adoption of technologies, including dual mass flywheels, to reduce emissions.

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The report covers extensive competitive intelligence which includes the following data points:

- Business Overview
- Business Model
- Financial Data
- Financial - Existing
- Financial - Funding
- Product/Service Segment Analysis and specification
- Recent Development and Company Strategy Analysis
- SWOT Analysis

Competitor Analysis:

The significant players operating in the global Automotive Dual Mass Flywheel market are

AISIN SEIKI Co., Ltd., American Axle & Manufacturing, Inc., AMS Automotive, AmTech International, EXEDY Globalparts, JMT Auto Limited, Lavacast, Linamar Corporation, LMB Euroseals (PTY) LTD, Platinum Driveline, Schaeffler AG, Skyway Precision, Inc, Tilton Engineering, Valeo SA, ZF Friedrichshafen AG.

Market Segmentation -

This report has explored the key segments: by Type and by Application. The lucrativeness and growth potential have been looked into by the industry experts in this report. This report also provides revenue forecast data by type and by application segments based on value for the period 2023-2030.

This Report lets you identify the opportunities in Automotive Dual Mass Flywheel Market by means of a region:

• North America (the United States, Canada, and Mexico)
• Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
• South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

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Recent Developments:

Here are some recent developments of companies in the automotive dual mass flywheel (DMF) market, with the year:

year: 2023

• Valeo (France) announced the launch of its new DMF, which is designed to improve fuel efficiency and reduce emissions.
• Schaeffler Group (Germany) announced the expansion of its DMF production plant in China to meet the growing demand for DMFs in the Asian market.
• ZF Friedrichshafen AG (Germany) announced the acquisition of WABCO Holdings Inc. (US), a leading supplier of braking systems and other commercial vehicle technologies. This acquisition will strengthen ZF's position in the commercial vehicle DMF market.

year: 2022

• BorgWarner (US) announced the launch of its new DMF, which is designed to be more durable and less expensive than previous DMFs.
• Exedy Corporation (Japan) announced the expansion of its DMF production plant in Mexico to meet the growing demand for DMFs in the North American market.
• AISIN Corporation (Japan) announced the development of a new DMF for electric vehicles. This DMF is designed to reduce noise and vibration in electric vehicles, which typically have less engine noise than traditional vehicles.

Reasons to Buy The Automotive Dual Mass Flywheel Market Report: -

1.Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.

2.Reports provide opportunities and threats faced by suppliers in the Automotive Dual Mass Flywheel industry around the world.

The report shows regions and sectors with the fastest growth potential.

3.A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.

4.The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.

5.This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.

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