Automotive Dual Mass Flywheel Market Targets US Billion by 2030 – Exclusive report by TMR

Posted by BestMarketResearchReports on February 26th, 2024

The global automotive dual mass flywheel market is expected to reach USD 8 billion by 2030, growing at a CAGR of 3.8% from 2023 to 2030. The market is driven by several factors, including the increasing penetration of dual-clutch transmission (DCT) and continuous variable transmission (CVT), the growing demand for fuel-efficient vehicles, and the stringent emission regulations.

The global Automotive Dual Mass Flywheel market is witnessing significant growth, driven by the increasing demand for improved fuel efficiency, reduced emissions, and enhanced vehicle performance. Dual Mass Flywheels (DMFs) play a crucial role in minimizing vibrations and optimizing torque transmission in modern automotive powertrains.

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Market Drivers

• Expanding Vehicle Production
The increasing production of vehicles, particularly passenger cars and commercial vehicles, is fueling the demand for dual mass flywheels.
• Consumer Demand for Comfort
Consumers are increasingly inclined toward vehicles offering superior driving comfort, with dual mass flywheels playing a crucial role in reducing vibrations and noise.

Market Challenges

• Cost and Complexity
The cost and complexity associated with the manufacturing of dual mass flywheels can pose challenges for both vehicle manufacturers and aftermarket suppliers.
• Technological Advancements
The necessity to stay abreast of evolving automotive technologies and materials to remain competitive in the market.

Market Trends

• Lightweight Materials
The incorporation of lightweight materials, such as aluminum and advanced composites, in the production of dual mass flywheels to reduce overall vehicle weight.
• Enhanced Fuel Efficiency
Dual mass flywheels are being designed to improve fuel efficiency by diminishing engine vibrations and optimizing power transmission.
• Regulatory Compliance
The growing need for compliance with stringent environmental regulations is driving the adoption of technologies, including dual mass flywheels, to reduce emissions.

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Key Market Trends

• Increasing Penetration of DCT and CVT: DCT and CVT transmissions are becoming increasingly popular in passenger cars due to their ability to improve fuel efficiency and reduce emissions. Dual mass flywheels are essential components of DCT and CVT transmissions, as they help to dampen torsional vibrations and improve drivability.
• Growing Demand for Fuel-Efficient Vehicles: The global demand for fuel-efficient vehicles is increasing due to rising fuel prices and environmental concerns. Dual mass flywheels can help to improve fuel efficiency by reducing engine noise and vibration.
• Stringent Emission Regulations: Governments around the world are implementing stricter emission regulations to reduce air pollution. Dual mass flywheels can help to reduce emissions by improving fuel efficiency and reducing engine vibration.

Market Segmentation

The Automotive Dual Mass Flywheel market can be segmented based on:

• Vehicle Type (Passenger Vehicles, Commercial Vehicles)
• Material Type (Cast Iron, Steel, Aluminum)
• Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa)

Competitor Analysis:

The significant players operating in the global Automotive Dual Mass Flywheel market are

AISIN SEIKI Co., Ltd., American Axle & Manufacturing, Inc., AMS Automotive, AmTech International, EXEDY Globalparts, JMT Auto Limited, Lavacast, Linamar Corporation, LMB Euroseals (PTY) LTD, Platinum Driveline, Schaeffler AG, Skyway Precision, Inc, Tilton Engineering, Valeo SA, ZF Friedrichshafen AG.

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Recent Developments

• In 2022, ZF Friedrichshafen AG announced that it is developing a new dual mass flywheel for hybrid vehicles. The new flywheel is designed to improve fuel efficiency and reduce emissions in hybrid vehicles.
• In 2021, Schaeffler Group launched a new dual mass flywheel for high-performance vehicles. The new flywheel is designed to withstand the high torque and vibration levels of high-performance engines.
• In 2020, Valeo S.A. and Dana Holding Corporation announced a partnership to develop and manufacture dual mass flywheels for electric vehicles. The new flywheels are designed to improve the range and performance of electric vehicles.

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