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2021
Torsional Vibration Damper Market

Torsional Vibration Damper Market by Design (Viscous Damper, Elastomeric Damper, Pendulum Damper), Vehicle Type (Passenger Cars, Lights Commercial Vehicles, Heavy Commercial Vehicles, Agricultural Vehicles), Engine Type (Gasoline Engine, Diesel Engine), Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021–2027

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Dec 2021 | 802 Views
   
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Torsional Vibration Damper Market Outlook – 2027 

The torsional vibration damper is crankshaft pulley that comprises rubber material for dampening the vibrations produced within the engine compartment due to rotation of the crankshaft. In an internal combustion engine, crankshaft vibration is inherent because of the uneven forces that directly acts on the crankshaft. The rotation of the crankshaft produces vibration in the engine compartment, which is dampened by torsional vibration dampers. The rubber material is mounted between the two metal parts. In most modern engines, torsional vibration is a major cause of noise and vibration, thus torsional vibration dampers are extensively utilized to neutralize all causes of vibration. The market for torsional vibration dampers is likely to expand at a significant pace during the forecast period due to the rise in the production of vehicles and the development of engines that produce higher torsional vibration. In most modern engines, the working force on the crankshaft is very high which is expected to boost the market growth during the forecast period.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

  Design, Vehicle Type, Engine Type and Sales Channel

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

  Companies covered

TrelleborgVibracoustic, Schaeffler Group, ZF Friedrichshafen AG, Valeo, CONTINENTAL AG, BorgWarner, Knorr-Bremse Group, MPG, Geislinger and Dr. Werner R

 

COVID-19 scenario analysis:

  • Regardless of any consequences in the military but the focus is on their primary task of protecting national interests, and no biological incident can hinder it from carrying out its assigned mission.
  • The world has faced unprecedented challenges in which many standard operating procedures and protocols have been rendered irrelevant and blindly adhering to them is plain foolhardy.
  • COVID 19 is poised to become one of the most severe public health and economic crisis the world has ever faced in the 21st century.
  • The sweeping loss of human lives and labor productivity is likely to impact various sectors and general lifestyles over the period.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Some of the factors that boost the market growth include increase in use of passenger vehicles and the rise in development of engines that produce higher torsional vibration. However, the rise in preference of society for electric vehicles is a major factor restraining the automotive torsional vibration dampers market. Furthermore, frequent replacement of torsional vibration dampers in agricultural vehicles creates significant opportunities for aftermarket growth during the forecast period.

The torsional vibration damper market trends are as follows:

Increase in use of passenger vehicles

The upsurge in the passenger vehicles demand has been noted in the past few years resulting in extensive production of automobiles. In addition to that, consumer preference for improved and safer driving experience has increased. Better engine performance and reliability on torsional vibration damper are expected to amplify the growth of the global torsional vibration damper market. Moreover, lowered fuel consumption and ride comfort with the increased usage of passenger vehicles are projected to primarily drive the torsional vibration damper market during the forecast period.

Rise in development of engines that produce higher torsional vibration

The manufacturers while providing superior quality torsional vibration dampers, are also engaging in the research and development of producing higher torsional vibration. In addition, the torsional vibration dampers are pretty expensive for aftermarket replacement but the cutting edge market competition is expected to lower down the price in the coming years. Moreover, innovation in torsional vibration dampers with two degrees of freedom made in a relatively simple design and low production costs is directing the market towards growth. With the growing hybridization and electrification of vehicles, torsional vibration damper technology is expected to experience growth during the forecast period.

Key segments covered:               

Segments

Sub-segments

  Design

  • Viscous Damper
  • Elastomeric Damper
  • Pendulum Damper

  Vehicle Type

  • Passenger Cars
  • Lights Commercial Vehicles
  • Heavy Commercial Vehicles
  • Agricultural Vehicles

  Engine Type

  • Gasoline Engine
  • Diesel Engine

  Sales Channel

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

 

Key benefits of the report:

  • This study presents the analytical depiction of the torsional vibration damper market industry 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 torsional vibration damper market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the torsional vibration damper market scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed torsional vibration damper market analysis based on competitive intensity and how the competition will take shape in the coming years.

Questions answered in the torsional vibration damper market research report:

  • What are the leading market players active in the torsional vibration damper market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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