Report Titlr: North America Aftermarket Torsional Vibration Dampers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Design (Viscous Damper, Elastomeric Damper, and Pendulum Damper), Application (On-Highway and Off-Highway), Engine Type (Gasoline Engine and Diesel Engine), and Sales Channel (Original Equipment Supplier and Independent Aftermarket)
Rise in Next-Generation Decoupled Pulleys to Unveil New Production and Sales Opportunities for North America Aftermarket Torsional Vibration Dampers Market During 2021–2028
According to our latest market study on “North America Aftermarket Torsional Vibration Dampers Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Design, Application, Engine Type, and Sale Channel,” the market is expected to grow from US$ 259.30 million in 2022 to US$ 384.35 million by 2028; it is estimated to register a CAGR of 6.8% from 2021 to 2028.
Torsional vibration dampers are used in the internal combustion engines of vehicles to absorb rotational vibrations. The dampers are particularly effective in conjunction with decoupled pulleys, which shield belt drive and auxiliaries from crankshaft irregularities. Torsional vibration dampers improve engine performance and durability, along with providing greater driving comfort and fuel efficiency. The use of torsional vibration dampers enhances the efficiency of vehicles, reduces noise, and improves overall performance. Moreover, tolerance for high temperatures and harsh environmental conditions, and the decreasing cost of ownership over time are the prominent benefits conferred by these components. However, a worn-out torsional vibration damper cannot properly dampen the vibrations, and uncontrolled vibrations may result in a compromised crankshaft. Hence, checking the torsional vibration dampers at each service interval becomes an essential task. Such factors are propelling the North America Aftermarket Torsional Vibration Dampers Market share. Per ContiTech AG, torsional vibration dampers are subject to aging and wear, which calls for their regular checking and replacement. The company recommends the inspection of a torsional vibration damper after every 60,000 km run of a vehicle and the replacement after every 120,000 km of the vehicle. According to Vibratech TVD, replacement intervals may vary depending on the engine manufacturer, with an average of ~500,000 miles/15,000 hours, or at major overhauls and in-frame rebuilds. Thus, keeping vehicle safety as a priority, the potential demand for North America aftermarket torsional vibration dampers market is expected to rise in the coming years.
Decoupled belt pulleys are joined to torsional vibration dampers by a highly elastic elastomer part, thereby offering optimum damping properties. These compact solutions enable the decoupling of torsional vibrations between a crankshaft and a pulley, further reducing the torsional vibrations of a crankshaft. Decoupled pulleys are specially designed to meet the requirements of modern, high-performance diesel engines, which generate a considerably higher vibration response than gasoline engines. Next-generation decoupled pulleys combine the excellent isolation characteristics and the one-way-clutch feature of familiar rubber isolators. In fuel-efficient commercial vehicles, these pulleys help eliminate the damping effect of an engine that affects the fuel efficiency of vehicles, along with aiding in a decrease in fuel consumption and carbon emissions. The one-way-clutch feature provides freewheeling in one direction, while a torsional vibration damper can be added to enhance the efficiency of vehicles. The absence of inherent noise, low total weight, and full torque transmission are among the advantages associated with decoupled pulleys that are bolstering their deployment, thus creating potential opportunities for the North America Aftermarket Torsional Vibration Dampers Market growth.
Increasing Demand for Torsional Vibration Dampers in Agricultural Vehicles Boost Performances of Manufacturers
Tractors and other agricultural vehicles produce torsional vibrations of higher intensities than other vehicles. Torsional vibration dampers play an important role in reducing torsional vibrations generated between engine and transmission systems, and eliminating the noise generated by the vibrations in these vehicles. The use of torsional vibration dampers helps extend the service life of agricultural vehicles and enhances their fuel efficiencies. In October 2019, Voith GmbH & Co. KGaA, a German manufacturer of machines, introduced a new vibration damper for agricultural tractors. The product aids in the efficient damping of torsional vibrations in high-power engines, thereby enabling maximum operational efficiency and improved service life. The effective damping of resonance frequencies and higher amplitudes of vibrations are among the new technologies adopted in aftermarket torsional vibration dampers used in agriculture vehicles. Such ongoing advancements for enhancing the effectiveness of damping are contributing to the North America aftermarket torsional vibration dampers market growth.
Impact of COVID-19 Pandemic on North America Aftermarket Torsional Vibration Dampers Market
North America has the highest acceptance and development rate of emerging technologies worldwide due to favorable government policies that promote innovation and reinforce infrastructure capabilities. The automotive industry has a potential influence on the country’s economy. Notably, the COVID-19 crisis in the US led to a cascading impact on multiple industries, such as IT, automotive, and telecommunications. Halted operations in these industries hampered the business dynamics of the country in the first half of 2020. 43 states recorded lower auto exports in 2020 than in 2019. In addition to these conditions, disrupted supply chains and a tight labor market limited the aftermarket torsional vibration dampers market growth in North America in 2020. However, from 2021 onward, the North America Aftermarket Torsional Vibration Dampers Market share performance began improving rapidly with a significant rise in demand from aftermarket sales.
The Report Segments the North America Aftermarket Torsional Vibration Dampers market as follows:
The North America aftermarket torsional vibration dampers market, by product design, is divided into viscous damper, elastomeric damper, and pendulum damper. Based on application, the market is segmented into on-highway and off-highway. In terms of engine type, the North America aftermarket torsional vibration dampers market is categorized into gasoline engine and diesel engine. In terms of sale channel, the market is categorized into original equipment supplier (OES) and Independent Aftermarket (IAM).
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