Torsional Vibration Dampers MaGlobal Torsional Vibration Dampers Market size is expected to reach US$ XX Mn by 2026 from US$ XX Mn in 2019, at a CAGR of XX% during the forecast period.




Global Torsional Vibration Dampers Market Introduction and Market Scenario:




Torsional vibration dampers are the twisting phenomenon in the crankshaft that spreads from one end to another caused by uneven torque pulses coming from different units pistons. The most famous type of torsional vibration damper used on the marine engine of a ship is viscous type dampers.




Increase demand for passenger vehicles has been witnessed from the past few years, due to the wide production of automobiles. Improved engine performance and reliability on torsional vibration dampers are expected to strengthen the growth of the global torsional vibration damper market.

Numerous replacements of torsional vibration dampers in agricultural vehicles produce noteworthy opportunities for aftermarket growth. Lowered fuel consumption and drive comfort are expected to mainly drive the torsional vibration damper market in the future.




Prominent manufacturers focused on R&D to provide superior quality torsional vibration dampers. With the growing hybridization and electrification of vehicles, torsional vibration damper technology is further contributing to the growth of the market in the future.




On the other hand, torsional vibration dampers are high-cost for aftermarket replacement is the main factor that might obstruct the growth of the global torsional vibration dampers market.




A detailed analysis of drivers, restraints, opportunities, and challenges in the market is covered with examples by region in the Global Torsional Vibration Dampers Market report. To make the most of the opportunities, Torsional Vibration Dampers Market vendors should focus on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. It also has covered the analysis of key player’s growth strategies, micro & macro analysis of markets, key developments, and key trends in the Global Torsional Vibration Dampers Market.




Global Torsional Vibration Dampers Market Segment Analysis:




The global torsional vibration dampers market is segmented into product design, vehicle type, engine type, sales channel. Based on the engine, the global torsional vibration dampers market is segmented into Gasoline Engine and Diesel Engine. Among these, the gasoline engine is expected to hold the largest market share of XX% in the torsional vibration dampers market by 2026. This is mainly because of the higher production of gasoline engines globally. Also, sales of gasoline vehicles are increasing as a result of the expected ban on diesel vehicles in a few major cities across the globe due to the high concentration of air polluting substances.

 

In terms of sales channel, the global torsional vibration dampers market is classified into OEM and aftermarket. Among these, the OEM segment is expected to grow at the highest CAGR of XX% in the torsional vibration dampers market during the forecast period (2020-2026) followed by the aftermarket segment. This is attributed to its high lifespan. Though, the aftermarket segment is expected to hold the XX% market share of the global market, on account of recommended replacement of torsional vibration dampers after 1,20,000 kilometers. However, In Europe and North America, the aftermarket segment is expected to hold a considerable market share of the global market. Further detailed analysis of each segment is explained in the MMR report.

Global Torsional Vibration Dampers Market




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Global Torsional Vibration Dampers Market Regional Insights:




Asia Pacific is expected to hold the largest market share of XX% of the global torsional vibration dampers market by 2026 followed by Europe. This is because of a major exporter of automotive components and vehicles, due to the occurrence of large manufacturing facilities in the Asia Pacific. Also, the growth in agricultural vehicle demand is further expected to boost the torsional vibration dampers market in Asia Pacific and Europe. However, in European countries such as Germany, France, and Italy the automotive industry is expected to witness continuous growth in the torsional vibration dampers market.




Moreover, the North American market share is expected to reach US$ XX Mn. by 2026 from US$ XX Mn. in 2019, at a CAGR of XX% during the forecast period (2020-2026). This is because of the demand for luxury vehicles and sports cars in North America, which is leading to the growth in the torsional vibration dampers market.




The report focuses on the Torsional Vibration Dampers market value at the top regions and countries of the world, which shows a regional development, including market size, share, revenue, and much more across the globe. The report has covered, capacity, production value, cost/profit, and supply/demand by statistical analysis. A brief analysis of drivers, restraints, opportunities, and challenges in the market is also covered with examples by region. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. It also has covered the analysis of key player’s growth strategies, micro and macro analysis of markets, key developments, and key trends in the market.
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Global Torsional Vibration Dampers Market




Global Torsional Vibration Dampers Market, by Region




• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America





Key players operating in the Global Torsional Vibration Dampers Market




• Winkelmann Powertrain Components GmbH + Co. KG
• Geislinger GmbH
• FAI Automotive plc
• Continental AG
• SGF GmbH & Co. KG
• Schaeffler AG
• ZF Friedrichshafen AG
• Knorr-Bremse AG
• Vibratech TVD
• Voith GmbH & Co. KGaA
• Othersrket