The global automotive balance shaft market is experiencing steady acceleration on the back of increasing demand for improving fuel efficiency and acceleration in order to meet environmental sustainability goals set forth by governments, worldwide.

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In its expansive recent study, Persistence Market Research offers a comprehensive, yet, unbiased analysis of how the growth of the automotive balance shaft market is likely to unfold from 2022 to 2030.

Key Players:

The report has profiled some of the important players prevalent in the global like – Otics Corporation, SHW AG, Ningbo Jingba Hardware Manufacture Co. Ltd., Musashi Seimitsu Industry Co. Ltd., Metaldyne LLC (American Axle & Manufacturing), Sansera Engineering, and TFO Corporation and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Automotive Balance Shaft.

automotive balance shaft market

Key Takeaways from Automotive Balance Shaft Market Study

Global automotive balance shaft market to expand steadily through 2030.
Asia Pacific to register impressive growth, pivoted primarily by the Indian and Chinese automotive industries.
Inline-4 cylinder engine-mounted automotive to register maximum balance shaft uptake.
Growth of automotive balance shaft market may be impeded in light of surging popularity of electric vehicles.
COVID-19 to usher in short-term deceleration in the public transport segment, owing to shortfalls in unit production.
“Rising environmental concerns are prompting automotive manufacturers to introduce efficient fuel combustion technologies, including enhanced torque mechanisms, leading to enhanced balance shaft uptake,” infers a PMR analyst.

Global Sustainability Compliance Frameworks to Catalyze Growth

With countries signing the Climate Change Paris Agreement, the global community has inched one step closer toward meeting the below 2 degrees Celsius global average temperature increase, and eventually to a 1.5 degrees C increase. Imposition of strict emission guidelines have largely helped achieve this objective.

While the long-term impact is yet to be realized, countries are unceasingly strengthening their regional regulatory frameworks to achieve the stated goal. This requires automotive manufacturers to equip vehicles with efficient engines, thus leading to an uptake in advanced automotive balance shafts, which is aiding the growth of the automotive balance shaft market space.

In 2016, the U.S EPA issued emission standards for light vehicles, requiring them to meet an estimated emission level of 250 grams CO2 per mile. Likewise, the European Union established fleet average emission targets of 95 grams CO2 per kilometer for passenger vehicles and 175 grams for LCVs.

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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)

Key Stakeholders
Automotive Balance Shaft Market Manufacturers
Automotive Balance Shaft Market Distributors/Traders/Wholesalers
Automotive Balance Shaft Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

Key Questions Answered in This Report.

What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
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