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Allied Market Research

Flywheel Bolt Market by Type (Single Mass, Dual Mass and Others), Material (Cast Iron, Maraging Steel and Aluminum Alloy), Transmission Technology (Manual Transmission, Semi-Automatic Transmission and Automatic Transmission), Distribution Channel (OEM and Aftermarket) and Vehicle Type (Passenger Vehicle and Commercial vehicle): Global Opportunity Analysis and Industry Forecast, 2020–2027

A10705
Pages: NA
Jun 2021 | 71 Views
 
Author(s) : NA
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Charts: NA
 

COVID-19

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Flywheel Bolt Market Outlook - 2027

Flywheel bolt is a mechanical device that stores kinetic energy and enables smooth power variations at the time of screwing. These substantial stainless-steel bolts take ample amount of power to turn around due to high tensile strength and optimum quality. The flywheel bolt has an extensive measurement with spokes alongside a heavyweight edge joined to it. The flywheel bolt maintains higher quality standards in products by dimensional accuracy, corrosion resistance, and fine finishing industrial quality norms throughout the process. Additionally, automotive flywheels bolt store energy during the power stroke and deliver it during idle strokes. Therefore, when the flywheel absorbs energy, its speed increases, and when it releases energy, the speed decreases. Therefore, a flywheel bolt does not maintain constant speed, but it simply reduces the fluctuation of speed. 

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast unit

  Value (USD)

  Segments covered

Type, Material, Transmission Technology, Distribution Channel, and Vehicle Type

  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), and LAMEA (Latin America, Middle East and Africa)

  Companies covered

Mitsubishi Electric Corporation, Luthra Industrial Corporation, Amber Kinetics Inc., Honda Motorcycle, J.Sutton, Skutry-Levne, Shihlin Electric & Engineering Corp., Pronto Great China Corp., Ahresty Corporation, and Dynacast

 

COVID-19 scenario analysis:

  • The direction of the industry is expected to remain unchanged, but there is uncertainty regarding the timeframe as the supply chain can even take a year to revive.
  • The manufacturing industry has witnessed the impact of the coronavirus crisis evolving from a supply shock to a global demand shock.
  • Almost every worker in every manufacturing company has been affected due to the pandemic as there are jobs and salary cuts by several companies.
  • The COVID-19 pandemic is one of the first pandemics of its kind that is forcing the automotive industry to re-think its business.
  • The ongoing issue of COVID-19 in several countries has affected the supply of many components to companies’ manufacturing facilities.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis 

Increase in industrial applications and rapid growth in the energy storage industry drive the flywheel bolt market and are expected to spur the product demand over the forecast period. However, less energy storage capacity per volume, higher losses, and increased volume & mass are anticipated to hamper the growth of the market. Furthermore, modernization in the industrial process is expected to offer lucrative opportunities for the market over the forecast period.

The flywheel bolt market trends are as follows:

Increase in industrial applications 

The global flywheel bolt market is majorly driven by factors such as increasing demand for uninterrupted power supply and growing cost for conventional energy generation. In addition, the features of flywheel bolt, such as maintaining the energy supply flow, convenience in storage, non-dependence on external temperature, and compatibility of a moment of inertia as depending on the movement, propel the growth of the global flywheel bolt market over the forecast period. Moreover, awareness about the technological effects and tendency to avoid the losses caused due to power failure attract various industries to opt for the flywheel bolt market.

Rapid growth in the energy storage industry

The demand for flywheel bolt energy storage technology is also rising, owing to increased demand for backup power sources, such as uninterrupted power supply (UPS), and the integration of intermittent power sources such as microgrids. In addition, microgrids may source electrical energy from renewable sources, such as wind energy, solar power, and hydraulic power, leading to a need for more adaptable and scalable grid infrastructure with innovative power storage mechanisms. Therefore, the rising global demand for uninterrupted power supply to support the rapid pace of industrialization is one of the major factors driving the global flywheel bolt market for reliable and cost-effective electrical energy storage mechanisms.

Key segments covered:

Segments

Sub-segments

  Type

  • Single Mass
  • Dual Mass
  • Others

  Material

  • Cast Iron
  • Maraging Steel
  • Aluminum Alloy

  Transmission Technology

  • Manual Transmission
  • Semi-Automatic Transmission
  • Automatic Transmission

  Distribution Channel

  • OEM
  • Aftermarket

  Vehicle Type

  • Passenger Vehicle
  • Commercial vehicle


Key benefits of the report:

  • This study presents the analytical depiction of the flywheel bolt market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the flywheel bolt market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the flywheel bolt market scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed flywheel bolt market analysis based on competitive intensity and how the competition will take shape in the coming years. 

Questions answered in the flywheel bolt market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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