The North America Automotive Flywheel Market would witness market growth of 3.5% CAGR during the forecast period (2023-2030).
The primary drivers of the market's development include the expansion of dual-clutch transmission (DCT) and continuous variable transmission (CVT) use, rising automobile production & sales, and increasing demand for commercial vehicles. In addition, the development of lightweight vehicle components to increase fuel efficiency, ongoing advances in technology, and a boom in electric vehicle manufacturing are other factors anticipated to present the potential for expansion for the market throughout the forecast period.
The demand for fuel-efficient vehicles has grown even more as gasoline costs around the region have risen. Using lightweight materials like aluminium parts and plastic casing, automobile manufacturers have decreased the weight of vehicle components, including engine components like flywheels and parts of transmission systems. Heavy steel automobile parts can be replaced by lighter ones made of high-strength steel, aluminium, or glass fibre-reinforced polymer composites, significantly reducing the vehicle's weight. As a result, there is a growing need for more lightweight automotive flywheel systems.
One of the world's biggest automobile marketplaces is in the United States. As per the International Trade Association, 14.5 million light vehicles were sold in the United States in 2020. Numerous manufacturers also have U.S.-based engine and transmission factories and carry out R&D, design, and testing in addition to their auto assembly facilities. In 2019, the U.S. automobile sector received $143.3 billion in foreign direct investment. In addition, vehicles made in Mexico are exported in 90 percent of cases, with 76 percent going to the United States. These factors have led to steady growth in the region's automotive industry and a consequent increase in the demand for the market.
The US market dominated the North America Automotive Flywheel Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,820.6 Million by 2030. The Canada market is poised to grow at a CAGR of 5.8% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 4.9% during (2023 - 2030).
Based on Type, the market is segmented into Single Mass and Dual Mass. Based on Transmission Type, the market is segmented into Manual Transmission, Semi-Automatic & Automatic Transmission and Continuously Variable Transmission. Based on Distribution Channel, the market is segmented into OEM and Aftermarket. Based on Vehicle Type, the market is segmented into Passenger Vehicle and Commercial Vehicle. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Automotive Flywheel Market is Projected to reach USD 9.5 Billion by 2030, at a CAGR of 3.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ford Motor Company, Schaeffler AG, Valeo SA, ZF Friedrichshafen AG, Aisin Corporation (Toyota Motor Corporation), EXEDY Globalparts Corporation (EXEDY Corporation), AMS Automotive LLC, Pioneer Automotive Industries LLC (Lodi Group), Skyway Precision, Inc. and SPEC Clutch, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Transmission Type
- Manual Transmission
- Semi-Automatic & Automatic Transmission
- Continuously Variable Transmission
By Distribution Channel
By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Ford Motor Company
- Schaeffler AG
- Valeo SA
- ZF Friedrichshafen AG
- Aisin Corporation (Toyota Motor Corporation)
- EXEDY Globalparts Corporation (EXEDY Corporation)
- AMS Automotive LLC
- Pioneer Automotive Industries LLC (Lodi Group)
- Skyway Precision, Inc.
- SPEC Clutch, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Automotive Flywheel Market, by Type
1.4.2 North America Automotive Flywheel Market, by Transmission Type
1.4.3 North America Automotive Flywheel Market, by Distribution Channel
1.4.4 North America Automotive Flywheel Market, by Vehicle Type
1.4.5 North America Automotive Flywheel Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Automotive Flywheel Market by Type
3.1 North America Single Mass Market by Country
3.2 North America Dual Mass Market by Country
Chapter 4. North America Automotive Flywheel Market by Transmission Type
4.1 North America Manual Transmission Market by Country
4.2 North America Semi-Automatic & Automatic Transmission Market by Country
4.3 North America Continuously Variable Transmission Market by Country
Chapter 5. North America Automotive Flywheel Market by Distribution Channel
5.1 North America OEM Market by Country
5.2 North America Aftermarket Market by Country
Chapter 6. North America Automotive Flywheel Market by Vehicle Type
6.1 North America Passenger Vehicle Market by Country
6.2 North America Commercial Vehicle Market by Country
Chapter 7. North America Automotive Flywheel Market by Country
7.1 US Automotive Flywheel Market
7.1.1 US Automotive Flywheel Market by Type
7.1.2 US Automotive Flywheel Market by Transmission Type
7.1.3 US Automotive Flywheel Market by Distribution Channel
7.1.4 US Automotive Flywheel Market by Vehicle Type
7.2 Canada Automotive Flywheel Market
7.2.1 Canada Automotive Flywheel Market by Type
7.2.2 Canada Automotive Flywheel Market by Transmission Type
7.2.3 Canada Automotive Flywheel Market by Distribution Channel
7.2.4 Canada Automotive Flywheel Market by Vehicle Type
7.3 Mexico Automotive Flywheel Market
7.3.1 Mexico Automotive Flywheel Market by Type
7.3.2 Mexico Automotive Flywheel Market by Transmission Type
7.3.3 Mexico Automotive Flywheel Market by Distribution Channel
7.3.4 Mexico Automotive Flywheel Market by Vehicle Type
7.4 Rest of North America Automotive Flywheel Market
7.4.1 Rest of North America Automotive Flywheel Market by Type
7.4.2 Rest of North America Automotive Flywheel Market by Transmission Type
7.4.3 Rest of North America Automotive Flywheel Market by Distribution Channel
7.4.4 Rest of North America Automotive Flywheel Market by Vehicle Type
Chapter 8. Company Profiles
8.1 Ford Motor Company
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Engineering, research, and development expenses
8.1.5 SWOT Analysis
8.2 Schaeffler AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Geographical Expansions:
8.3 Valeo SA
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.4 ZF Friedrichshafen AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Geographical Expansions:
8.5 Aisin Corporation (Toyota Motor Corporation)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.6 EXEDY Globalparts Corporation (EXEDY Corporation)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental Analysis
8.7 AMS Automotive LLC
8.7.1 Company Overview
8.8 Pioneer Automotive Industries LLC (Lodi Group)
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Product Launches and Product Expansions:
8.9 Skyway Precision, Inc.
8.9.1 Company Overview
8.10. SPEC Clutch, Inc.
8.10.1 Company Overview
TABLE 1 North America Automotive Flywheel Market, 2019 - 2022, USD Million
TABLE 2 North America Automotive Flywheel Market, 2023 - 2030, USD Million
TABLE 3 North America Automotive Flywheel Market by Type, 2019 - 2022, USD Million
TABLE 4 North America Automotive Flywheel Market by Type, 2023 - 2030, USD Million
TABLE 5 North America Single Mass Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Single Mass Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Dual Mass Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Dual Mass Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Automotive Flywheel Market by Transmission Type, 2019 - 2022, USD Million
TABLE 10 North America Automotive Flywheel Market by Transmission Type, 2023 - 2030, USD Million
TABLE 11 North America Manual Transmission Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Manual Transmission Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Semi-Automatic & Automatic Transmission Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Semi-Automatic & Automatic Transmission Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Continuously Variable Transmission Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Continuously Variable Transmission Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Automotive Flywheel Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 18 North America Automotive Flywheel Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 19 North America OEM Market by Country, 2019 - 2022, USD Million
TABLE 20 North America OEM Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Aftermarket Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Aftermarket Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Automotive Flywheel Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 24 North America Automotive Flywheel Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 25 North America Passenger Vehicle Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Passenger Vehicle Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Commercial Vehicle Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Commercial Vehicle Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Automotive Flywheel Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Automotive Flywheel Market by Country, 2023 - 2030, USD Million
TABLE 31 US Automotive Flywheel Market, 2019 - 2022, USD Million
TABLE 32 US Automotive Flywheel Market, 2023 - 2030, USD Million
TABLE 33 US Automotive Flywheel Market by Type, 2019 - 2022, USD Million
TABLE 34 US Automotive Flywheel Market by Type, 2023 - 2030, USD Million
TABLE 35 US Automotive Flywheel Market by Transmission Type, 2019 - 2022, USD Million
TABLE 36 US Automotive Flywheel Market by Transmission Type, 2023 - 2030, USD Million
TABLE 37 US Automotive Flywheel Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 38 US Automotive Flywheel Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 39 US Automotive Flywheel Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 40 US Automotive Flywheel Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 41 Canada Automotive Flywheel Market, 2019 - 2022, USD Million
TABLE 42 Canada Automotive Flywheel Market, 2023 - 2030, USD Million
TABLE 43 Canada Automotive Flywheel Market by Type, 2019 - 2022, USD Million
TABLE 44 Canada Automotive Flywheel Market by Type, 2023 - 2030, USD Million
TABLE 45 Canada Automotive Flywheel Market by Transmission Type, 2019 - 2022, USD Million
TABLE 46 Canada Automotive Flywheel Market by Transmission Type, 2023 - 2030, USD Million
TABLE 47 Canada Automotive Flywheel Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 48 Canada Automotive Flywheel Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 49 Canada Automotive Flywheel Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 50 Canada Automotive Flywheel Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 51 Mexico Automotive Flywheel Market, 2019 - 2022, USD Million
TABLE 52 Mexico Automotive Flywheel Market, 2023 - 2030, USD Million
TABLE 53 Mexico Automotive Flywheel Market by Type, 2019 - 2022, USD Million
TABLE 54 Mexico Automotive Flywheel Market by Type, 2023 - 2030, USD Million
TABLE 55 Mexico Automotive Flywheel Market by Transmission Type, 2019 - 2022, USD Million
TABLE 56 Mexico Automotive Flywheel Market by Transmission Type, 2023 - 2030, USD Million
TABLE 57 Mexico Automotive Flywheel Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 58 Mexico Automotive Flywheel Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 59 Mexico Automotive Flywheel Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 60 Mexico Automotive Flywheel Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 61 Rest of North America Automotive Flywheel Market, 2019 - 2022, USD Million
TABLE 62 Rest of North America Automotive Flywheel Market, 2023 - 2030, USD Million
TABLE 63 Rest of North America Automotive Flywheel Market by Type, 2019 - 2022, USD Million
TABLE 64 Rest of North America Automotive Flywheel Market by Type, 2023 - 2030, USD Million
TABLE 65 Rest of North America Automotive Flywheel Market by Transmission Type, 2019 - 2022, USD Million
TABLE 66 Rest of North America Automotive Flywheel Market by Transmission Type, 2023 - 2030, USD Million
TABLE 67 Rest of North America Automotive Flywheel Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 68 Rest of North America Automotive Flywheel Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 69 Rest of North America Automotive Flywheel Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 70 Rest of North America Automotive Flywheel Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 71 key information – Ford Motor Company
TABLE 72 Key Information – Schaeffler AG
TABLE 73 key information – Valeo SA
TABLE 74 Key Information – ZF Friedrichshafen AG
TABLE 75 Key Information – Aisin Corporation
TABLE 76 Key Information – EXEDY Globalparts Corporation
TABLE 77 Key Information – AMS Automotive LLC
TABLE 78 Key Information – Pioneer Automotive Industries LLC
TABLE 79 Key Information – Skyway Precision Inc.
TABLE 80 Key Information – SPEC Clutch, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Automotive Flywheel Market share by Type, 2022
FIG 3 North America Automotive Flywheel Market share by Type, 2030
FIG 4 North America Automotive Flywheel Market by Type, 2019 - 2030, USD Million
FIG 5 North America Automotive Flywheel Market share by Transmission Type, 2022
FIG 6 North America Automotive Flywheel Market share by Transmission Type, 2030
FIG 7 North America Automotive Flywheel Market by Transmission Type, 2019 - 2030, USD Million
FIG 8 North America Automotive Flywheel Market share by Distribution Channel, 2022
FIG 9 North America Automotive Flywheel Market share by Distribution Channel, 2030
FIG 10 North America Automotive Flywheel Market by Distribution Channel, 2019 - 2030, USD Million
FIG 11 North America Automotive Flywheel Market share by Vehicle Type, 2022
FIG 12 North America Automotive Flywheel Market share by Vehicle Type, 2030
FIG 13 North America Automotive Flywheel Market by Vehicle Type, 2019 - 2030, USD Million
FIG 14 North America Automotive Flywheel Market share by Country, 2022
FIG 15 North America Automotive Flywheel Market share by Country, 2030
FIG 16 North America Automotive Flywheel Market by Country, 2019 - 2030, USD Million
FIG 17 Swot analsyis: ford motor Company