Flywheel-based motor energy recuperation framework consistently moves the energy structure the wheels to the flywheels by factor transmission A flywheel is a mechanical device that stores rotational energy. The growing demand for environmentally friendly automobiles is a major driver of growth in the global automotive flywheel industry. The acceptance of dual mass flywheels by various Original Equipment Manufacturer (OEM) to reduce the heaviness of the motor by generating lightweight parts to increase eco-friendliness is expected to aid the development of the global automotive flywheel market over the forecast period.
The active energy recuperation framework based on flywheels intended to precisely store active energy to another source from the back driveshaft. GKN plc and Volvo are two of the major companies that use flywheel hardware in their automobile products. For example, GKN plc, an English automotive and aviation company, revealed the advancement of an electric flywheel crossover framework for transportation in 2015. In addition expanding deals of traveler vehicles additionally gives a development freedom to the worldwide automotive flywheel market. As indicated by 'Association Internationale des Constructeurs d'Automobiles' a France-based association, have sold 69.5 million units of traveler vehicles in 2016 from 66.3 million units in 2015.
In view of use, traveler vehicles fragment stood firm on predominant footing in the worldwide automotive flywheel market in 2016 and is projected to hold its strength all through the estimate period. Expanding request of traveler vehicles and game utility vehicle overall is one of the vital factor for development of the automotive flywheel market.
On the basis of geography, global automotive flywheel market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific held dominant position in the global automotive flywheel market in 2016 and is projected to retain its dominance throughout the forecast period. Increasing adoption of continuously variable transmission (CVTs) and Dual clutch transmission (DCTs) in various economies such as Japan and China and increasing adoption of automated manual transmission (AMTs) in India is expected to drive growth of automotive flywheel market in Asia Pacific region. According to ‘Organisation Internationale des Constructeurs d’Automobiles’ a France-based organization, an estimated 24.4 million units of personal cars were sold in 2016 in China from 21.2 million in 2015. Similarly, in India 3 million units of personal cars were sold in 2016 from 2.8 million in 2015.
Key players operating in global automotive flywheel market include Schaeffler Group, Linamar Corporation, ZF Friedrichshafen AG, Valeo, EXEDY Corporation, Mancor Industries, Metaldyne Performance Group Inc, Skyway Precision Inc, and Waupaca Foundry, Inc.
No comments:
Post a Comment