Allied Market Research

2024

Flywheel Bolt Market

Flywheel Bolt Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Material, by Transmission Technology, by Vehicle Type and by Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2023-2032

AT : Automotive systems and accessories

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Author's: | Lalit Janardhan Katare
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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. 

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 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 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?

Flywheel Bolt Market Report Highlights

Aspects Details
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By Type
  • Single Mass
  • Dual Mass
  • Others
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By Material
  • Cast Iron
  • Maraging Steel
  • Aluminum Alloy
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By Transmission Technology
  • Manual Transmission
  • Semi-Automatic Transmission
  • Automatic Transmission
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By Vehicle Type
  • Passenger Vehicles
  • Commercial Vehicles
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By Distribution Channel
  • OEM
  • Aftermarket
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
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Key Market Players

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

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Flywheel Bolt Market

Global Opportunity Analysis and Industry Forecast, 2023-2032