The global Automotive Balance Shaft market size valued at USD 14.6 billion in 2021 and projected to reach USD 21.6 billion by 2030, growing at a CAGR of 6.9% during the forecast period of 2022-2030
In addition, the increase in the population and disposable income of the consumers is estimated further to boost the global market at a significant rate.
Major market player included in this report are:
AMERICAN AXLE & MANUFACTURING HOLDINGS, INC. (METALDYNE PERFORMANCE GROUP 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
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Vehicle Type
Passenger Cars
LCV
HVC
By Manufacturing Process
FORGING
CASTING
By Engine Type
Inline-3 Cylinder Engine
Inline-4 Cylinder Engine
Inline-5 Cylinder Engine
V6 Engine
By Region:
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rusia
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of MEA
Furthermore, years considered for the study are as follows:
Historical year 2017, 2020
Base year 2021
Forecast period 2022 to 2030.
Target Audience of the Global Automotive Balance Shaft Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors