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Automotive Balance Shaft-Global Market Insights and Sales Trends 2024

Automotive Balance Shaft-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1820130

No of Pages : 105

Synopsis
A balance shaft is designed to rotate and vibrate in a way that reduces the vibration produced by an engine. Balance shafts are commonly used for engine refinement. Four cylinder engines use a tow shaft, which turns in opposite directions on either side of engine’s crankshaft. A single balance shaft is used in three cylinder and V6 engines.
The global Automotive Balance Shaft market size is expected to reach US$ 13990 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Balance Shaft in various end use industries. The expanding demands from the Passenger Cars, Light Commercial Vehicles and High Commercial Vehicles,, are propelling Automotive Balance Shaft market. Inline-3 Cylinder Engine, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Inline-4 Cylinder Engine segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Balance Shaft, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Balance Shaft market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Balance Shaft market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Balance Shaft sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Balance Shaft covered in this report include American Axle & Manufacturing Holdings, Inc., LACO, Mitec-jebsen Automotive Systems (Dalian) Co Ltd, Musashi Seimitsu Industry Co., Ltd., Ningbo Jingda Hardware Manufacture Co., Ltd., Otics Corporation, Sansera Engineering Pvt. Ltd, SHW AG, and SKF Group AB,, etc.
The global Automotive Balance Shaft market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
American Axle & Manufacturing Holdings, Inc.
LACO
Mitec-jebsen Automotive Systems (Dalian) Co Ltd
Musashi Seimitsu Industry Co., Ltd.
Ningbo Jingda Hardware Manufacture Co., Ltd.
Otics Corporation
Sansera Engineering Pvt. Ltd
SHW AG,
SKF Group AB,
TFO Corporation
Global Automotive Balance Shaft market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Balance Shaft market, Segment by Type:
Inline-3 Cylinder Engine
Inline-4 Cylinder Engine
Inline-5 Cylinder Engine
V6 Engine
Global Automotive Balance Shaft market, by Application
Passenger Cars
Light Commercial Vehicles
High Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Balance Shaft manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Balance Shaft in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Automotive Balance Shaft Market Overview
1.1 Automotive Balance Shaft Product Overview
1.2 Automotive Balance Shaft Market Segment by Type
1.2.1 Inline-3 Cylinder Engine
1.2.2 Inline-4 Cylinder Engine
1.2.3 Inline-5 Cylinder Engine
1.2.4 V6 Engine
1.3 Global Automotive Balance Shaft Market Size by Type
1.3.1 Global Automotive Balance Shaft Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Balance Shaft Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Balance Shaft Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Balance Shaft Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Balance Shaft Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Balance Shaft Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Balance Shaft Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Balance Shaft Sales Breakdown by Type (2018-2023)
2 Global Automotive Balance Shaft Market Competition by Company
2.1 Global Top Players by Automotive Balance Shaft Sales (2018-2023)
2.2 Global Top Players by Automotive Balance Shaft Revenue (2018-2023)
2.3 Global Top Players by Automotive Balance Shaft Price (2018-2023)
2.4 Global Top Manufacturers Automotive Balance Shaft Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Balance Shaft Market Competitive Situation and Trends
2.5.1 Automotive Balance Shaft Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Balance Shaft Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Balance Shaft as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Balance Shaft Market
2.8 Key Manufacturers Automotive Balance Shaft Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Balance Shaft Status and Outlook by Region
3.1 Global Automotive Balance Shaft Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Balance Shaft Historic Market Size by Region
3.2.1 Global Automotive Balance Shaft Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Balance Shaft Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Balance Shaft Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Balance Shaft Forecasted Market Size by Region
3.3.1 Global Automotive Balance Shaft Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Balance Shaft Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Balance Shaft Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Balance Shaft by Application
4.1 Automotive Balance Shaft Market Segment by Application
4.1.1 Passenger Cars
4.1.2 Light Commercial Vehicles
4.1.3 High Commercial Vehicles
4.2 Global Automotive Balance Shaft Market Size by Application
4.2.1 Global Automotive Balance Shaft Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Balance Shaft Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Balance Shaft Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Balance Shaft Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Balance Shaft Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Balance Shaft Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Balance Shaft Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Balance Shaft Sales Breakdown by Application (2018-2023)
5 North America Automotive Balance Shaft by Country
5.1 North America Automotive Balance Shaft Historic Market Size by Country
5.1.1 North America Automotive Balance Shaft Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Balance Shaft Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Balance Shaft Sales in Value by Country (2018-2023)
5.2 North America Automotive Balance Shaft Forecasted Market Size by Country
5.2.1 North America Automotive Balance Shaft Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Balance Shaft Sales in Value by Country (2024-2029)
6 Europe Automotive Balance Shaft by Country
6.1 Europe Automotive Balance Shaft Historic Market Size by Country
6.1.1 Europe Automotive Balance Shaft Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Balance Shaft Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Balance Shaft Sales in Value by Country (2018-2023)
6.2 Europe Automotive Balance Shaft Forecasted Market Size by Country
6.2.1 Europe Automotive Balance Shaft Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Balance Shaft Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Balance Shaft by Region
7.1 Asia-Pacific Automotive Balance Shaft Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Balance Shaft Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Balance Shaft Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Balance Shaft Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Balance Shaft Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Balance Shaft Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Balance Shaft Sales in Value by Region (2024-2029)
8 Latin America Automotive Balance Shaft by Country
8.1 Latin America Automotive Balance Shaft Historic Market Size by Country
8.1.1 Latin America Automotive Balance Shaft Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Balance Shaft Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Balance Shaft Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Balance Shaft Forecasted Market Size by Country
8.2.1 Latin America Automotive Balance Shaft Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Balance Shaft Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Balance Shaft by Country
9.1 Middle East and Africa Automotive Balance Shaft Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Balance Shaft Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Balance Shaft Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Balance Shaft Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Balance Shaft Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Balance Shaft Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Balance Shaft Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 American Axle & Manufacturing Holdings, Inc.
10.1.1 American Axle & Manufacturing Holdings, Inc. Company Information
10.1.2 American Axle & Manufacturing Holdings, Inc. Introduction and Business Overview
10.1.3 American Axle & Manufacturing Holdings, Inc. Automotive Balance Shaft Sales, Revenue and Gross Margin (2018-2023)
10.1.4 American Axle & Manufacturing Holdings, Inc. Automotive Balance Shaft Products Offered
10.1.5 American Axle & Manufacturing Holdings, Inc. Recent Development
10.2 LACO
10.2.1 LACO Company Information
10.2.2 LACO Introduction and Business Overview
10.2.3 LACO Automotive Balance Shaft Sales, Revenue and Gross Margin (2018-2023)
10.2.4 LACO Automotive Balance Shaft Products Offered
10.2.5 LACO Recent Development
10.3 Mitec-jebsen Automotive Systems (Dalian) Co Ltd
10.3.1 Mitec-jebsen Automotive Systems (Dalian) Co Ltd Company Information
10.3.2 Mitec-jebsen Automotive Systems (Dalian) Co Ltd Introduction and Business Overview
10.3.3 Mitec-jebsen Automotive Systems (Dalian) Co Ltd Automotive Balance Shaft Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Mitec-jebsen Automotive Systems (Dalian) Co Ltd Automotive Balance Shaft Products Offered
10.3.5 Mitec-jebsen Automotive Systems (Dalian) Co Ltd Recent Development
10.4 Musashi Seimitsu Industry Co., Ltd.
10.4.1 Musashi Seimitsu Industry Co., Ltd. Company Information
10.4.2 Musashi Seimitsu Industry Co., Ltd. Introduction and Business Overview
10.4.3 Musashi Seimitsu Industry Co., Ltd. Automotive Balance Shaft Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Musashi Seimitsu Industry Co., Ltd. Automotive Balance Shaft Products Offered
10.4.5 Musashi Seimitsu Industry Co., Ltd. Recent Development
10.5 Ningbo Jingda Hardware Manufacture Co., Ltd.
10.5.1 Ningbo Jingda Hardware Manufacture Co., Ltd. Company Information
10.5.2 Ningbo Jingda Hardware Manufacture Co., Ltd. Introduction and Business Overview
10.5.3 Ningbo Jingda Hardware Manufacture Co., Ltd. Automotive Balance Shaft Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Ningbo Jingda Hardware Manufacture Co., Ltd. Automotive Balance Shaft Products Offered
10.5.5 Ningbo Jingda Hardware Manufacture Co., Ltd. Recent Development
10.6 Otics Corporation
10.6.1 Otics Corporation Company Information
10.6.2 Otics Corporation Introduction and Business Overview
10.6.3 Otics Corporation Automotive Balance Shaft Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Otics Corporation Automotive Balance Shaft Products Offered
10.6.5 Otics Corporation Recent Development
10.7 Sansera Engineering Pvt. Ltd
10.7.1 Sansera Engineering Pvt. Ltd Company Information
10.7.2 Sansera Engineering Pvt. Ltd Introduction and Business Overview
10.7.3 Sansera Engineering Pvt. Ltd Automotive Balance Shaft Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Sansera Engineering Pvt. Ltd Automotive Balance Shaft Products Offered
10.7.5 Sansera Engineering Pvt. Ltd Recent Development
10.8 SHW AG,
10.8.1 SHW AG, Company Information
10.8.2 SHW AG, Introduction and Business Overview
10.8.3 SHW AG, Automotive Balance Shaft Sales, Revenue and Gross Margin (2018-2023)
10.8.4 SHW AG, Automotive Balance Shaft Products Offered
10.8.5 SHW AG, Recent Development
10.9 SKF Group AB,
10.9.1 SKF Group AB, Company Information
10.9.2 SKF Group AB, Introduction and Business Overview
10.9.3 SKF Group AB, Automotive Balance Shaft Sales, Revenue and Gross Margin (2018-2023)
10.9.4 SKF Group AB, Automotive Balance Shaft Products Offered
10.9.5 SKF Group AB, Recent Development
10.10 TFO Corporation
10.10.1 TFO Corporation Company Information
10.10.2 TFO Corporation Introduction and Business Overview
10.10.3 TFO Corporation Automotive Balance Shaft Sales, Revenue and Gross Margin (2018-2023)
10.10.4 TFO Corporation Automotive Balance Shaft Products Offered
10.10.5 TFO Corporation Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Balance Shaft Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Balance Shaft Industrial Chain Analysis
11.4 Automotive Balance Shaft Market Dynamics
11.4.1 Automotive Balance Shaft Industry Trends
11.4.2 Automotive Balance Shaft Market Drivers
11.4.3 Automotive Balance Shaft Market Challenges
11.4.4 Automotive Balance Shaft Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Balance Shaft Distributors
12.3 Automotive Balance Shaft Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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