Automotive Dual Mass Flywheel Market Strategies and Forecast by 2031

The automotive dual mass flywheel market is expected to register a CAGR of 7.8% during 2023–2031. Effective marketing and branding strategies, building a strong brand identity and effectively communicating the value proposition to target clients can help Automotive Dual Mass Flywheel Market gain traction and retain clients, expand their market reach, and increase revenues.

Automotive Dual Mass Flywheel Market Analysis

The global automotive dual-mass flywheel market is witnessing significant growth, pushed by the increasing demand for smoother and more efficient power transmission in vehicles. Dual-mass flywheels play an important role in reducing engine vibrations and enhancing drivability, especially in vehicles well-equipped with manual transmissions. Automotive manufacturers are focusing on improving vehicle performance, fuel efficiency, and comfort driving, and the adoption of dual-mass flywheels is increasing. Additionally, due to inventions in materials and manufacturing processes lightweight and durable flywheel solutions are made, driving market growth. The growing production of passenger and commercial vehicles worldwide is boosting the demand for dual-mass flywheels, offering lucrative opportunities for market expansion.

Automotive Dual Mass Flywheel Market Overview

The Automotive flywheel market is expected to witness substantial growth in the upcoming years due to a rise in demand for commercial vehicles and the surge in penetration of continuous variable transmission (CVT) and dual-clutch transmission (DCT). The rapid increase in fuel prices across the globe and demand for fuel-efficient and lightweight vehicles and their lightweight vehicle components to enhance fuel efficiency are expected to provide notable growth opportunities for players working in the used cars market.

Automotive manufacturers have successfully lowered the weight of various automotive components, including engine components such as transmission and flywheel components systems, by using lightweight materials such as aluminum components, plastic casing glass fiber-reinforced polymer and composites. As a lighter object consumes less energy to accelerate than a heavier one, lightweight materials offer vast potential for increasing vehicle efficiency, which eventually propels the demand for lightweight automotive flywheel components.

Furthermore, the rise in demand for high-performance vehicles worldwide has fuelled the demand for high-performance flywheel and kinetic energy storage systems to enhance the ability of the vehicle in high-speed tracks or off-roading environments.

Customize This Report To Suit Your Requirement

You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

Get FREE CUSTOMIZATION

Automotive Dual Mass Flywheel Market: Strategic Insights

• Get Top Key Market Trends of this report.
  This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Free Sample PDF

Automotive Dual Mass Flywheel Market Drivers and Opportunities

Increase in Adoption of Electric Vehicles

The rise in the adoption of electric vehicles has raised the automotive flywheel market. As traditional internal combustion engines (ICEs) are not used in electric vehicles, the flywheel is not required to store kinetic energy (KE). Electric vehicles offer various benefits over fuel-powered automobiles. Electric vehicles eliminate the requirement of engine components such as flywheels, timing belts, cylinder heads, and spark plugs, fan belts, oil, air filters, head gaskets, which, in turn, and make them cost-effective and efficient for IC engine-powered automobiles. Creating huge demand by automobile owners. This shift in demand toward electric vehicles has boosted the flywheel industry to adapt and explore new opportunities for growth and development.

Continuous Technological Improvements

The automotive industry has been witnessing technological advancements in kinetic energy recovery systems leading to the improvisation in flywheel designs and materials. Rapid advancements in computer-aided design (CAD) and computer-aided manufacturing (CAM) technologies have made more precise and complex flywheel designs, improving their performance. Also, technological advancement is in the development of hybrid flywheels, in which the energy storage capabilities of the traditional mechanical flywheel with the benefits of an electrical system are combined. These hybrid flywheels are used in automotive applications, especially for motorsports, hence the rise in automobile production and developments in kinetic energy recovery systems delivering significant growth opportunities to market players in the automotive flywheel market.

Automotive Dual Mass Flywheel Market Report Segmentation Analysis

Key segments that contributed to the derivation of the automotive dual mass flywheel market analysis are type, material, and vehicle type.

• Based on type, the automotive dual mass flywheel market is divided into Manual, Semi-automatic, and Automatic.
• Based on vehicle type, the automotive dual mass flywheel market is divided into Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles
• Based on material, the automotive dual mass flywheel market is divided into Cast Iron, Maraging Steel, and Aluminum Alloy.

Automotive Dual Mass Flywheel Market Share Analysis by Geography

Automotive Dual Mass Flywheel Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering automotive dual mass flywheel market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level. Also, the report covers PEST analysis, which involves the study of major factors that influence the automotive dual mass flywheel market in these regions.

Automotive Dual Mass Flywheel Market Regional Insights

The regional trends and factors influencing the Automotive Dual Mass Flywheel Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Automotive Dual Mass Flywheel Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Automotive Dual Mass Flywheel Market Report Scope

Automotive Dual Mass Flywheel Market Players Density: Understanding Its Impact on Business Dynamics

The Automotive Dual Mass Flywheel Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Automotive Dual Mass Flywheel Market are:

1. LuK GmbH & Co. KG
2. ZF Friedrichshafen AG
3. Schaeffler Group
4. Velteks Automotive
5. Valeo
6. AMS Automotive LLC

Disclaimer: The companies listed above are not ranked in any particular order.

Automotive Dual Mass Flywheel Market News and Recent Developments

The automotive dual mass flywheel market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automotive dual mass flywheel market are listed below:

• Valeo is increasing its range of FullPack Dual Mass Flywheels (DMFs), with the launch of 24 new part numbers, covering European and Asian models. Recognized expert in the development and production of O.E. Dual Mass Flywheels, Valeo is increasing its range of FullPack DMFs (including the DMF, clutch kit, and hydraulic or mechanical bearing) with the launch of 24 new part numbers, covering key European and Asian models, such as BMW 5-Series, FORD Transit, HYUNDAI i30, MITSUBISHI Outlander, RENAULT Clio, VOLVO V40, VW Crafter, Transporter and more (Source: Valeo, Company Website, September 2023)

Automotive Dual Mass Flywheel Market Report Coverage and Deliverables

The “Automotive Dual Mass Flywheel Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Automotive dual mass flywheel market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Automotive dual mass flywheel market trends as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Automotive dual mass flywheel market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the automotive dual mass flywheel market.
• Detailed company profiles