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Global Torsional vibration damper Market to reach USD 2.11 billion by the end of 2030.

Global Torsional vibration damper Market Size study & Forecast, by Type (Rubber Vibration Damper, Silicone Oil Vibration Damper, Composite Vibration Damper), By Application (Passenger Vehicle, Commercial Vehicle) and Regional Analysis, 2023-2030

Product Code: ALTAMC-93172178
Publish Date: 19-06-2023
Page: 200

Global Torsional vibration damper Market is valued approximately at USD 1.3 billion in 2022 and is anticipated to grow with a growth rate of more than 6.27% over the forecast period 2023-2030. A mechanical tool called a torsional vibrator damper is used in rotating systems to lessen vibration and noise. It works by absorbing vibration through a number of springs and dampers and is used in engines, pumps, and compressors. Furthermore, the damper is intended to absorb vibration and lessen noise produced by the engine and is fastened to the shaft of the engine, pump, or compressor. The Torsional vibration damper market is expanding because of factors such as rising Passenger Vehicle and Commercial Vehicle around the world has had a direct impact on the growth of the Torsional Vibration Damper. However, torsional vibration dampers are used to reduce torsional vibrations in the driveline of commercial vehicles. They are installed on the free end of the crankshaft or integrated into the flywheel to avoid power loss and fatigue due to torsional oscillation. Its importance has progressively increased during the last few decades.

According to the Statista in 2021, Globally, over 26.3 million vehicles were sold. In comparison to 2020 sales, this represents an increase of about 5% year over year. The biggest market for commercial cars that year is the United States. In 2021, the globe manufactured about 23.24 million large buses, light commercial vehicles, and trucks. The increase in use of passenger vehicles and the rise in development of engines that produce higher torsional vibration are some of the factors that increased the market growth. According to the Statista in 2023, the market for passenger cars is anticipated to grow to US$1,935.00 billion. A predicted market volume of USD2,072.00 billion by 2027 will be the consequence of revenue growing at a projected annual rate of 1.72% CAGR 2023 to 2027.In addition, improve efficiency and Lowered fuel consumption would create lucrative growth opportunity. However, the rise in preference of society for electric vehicles and high cost stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Torsional vibration damper Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is dominating region owing to factors such as rising in torsional vibration dampers in Asia Pacific is anticipated to grow as a result of an increase in agricultural vehicle demand. According to the Statista in 2021, around 3.3 million pieces of agricultural equipment were sold globally, with the Asia-Pacific region accounting for the majority of those sales. The market is anticipated to expand between 2022 and 2028, reaching a volume of more than 3.9 million units in that year. North America is the fastest growing region because of factors such as demand for luxury vehicles and sports cars in North America, is ultimately leading to the growth in torsional vibration dampers market.

Major market player included in this report are:
Winkelmann Powertrain Components GmbH + Co. KG
Geislinger Gmbh
Flexatherm Automotive International Plc
Continental AG
SGF Gmbh & Co. KG
Schaeffler AG
ZF Friedrichshafen AG
Knorr-Bremse AG
Vibratech TVD
Voith Gmbh & Co. Kgaa

Recent Developments in the Market:
Ø In September 2021, with a focus on market trends and customer expectations, the Supervisory Board of Continental AG approved additional changes to the Continental Group’s organisational structure.

Global Torsional vibration damper Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential 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 Product:
Rubber Vibration Damper
Silicone Oil Vibration Damper
Composite Vibration Damper

By Type:
Passenger Vehicle
Commercial Vehicle

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Torsional Vibration Damper Market, by region, 2020-2030 (USD Billion)
1.2.2. Torsional Vibration Damper Market, by Type , 2020-2030 (USD Billion)
1.2.3. Torsional Vibration Damper Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Torsional Vibration Damper Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Torsional Vibration Damper Market Dynamics
3.1. Torsional Vibration Damper Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Rise in demand of Consumer vehicle Rise in demand of Passenger vehicle
3.1.2. Market Challenges Rise in electric vehicles High cost of Torsional Vibration Damper
3.1.3. Market Opportunities Improve efficiency Lowered fuel consumption
Chapter 4. Global Torsional Vibration Damper Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economic
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Torsional Vibration Damper Market, by Type
5.1. Market Snapshot
5.2. Global Torsional Vibration Damper Market by Type, Performance – Potential Analysis
5.3. Global Torsional Vibration Damper Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Torsional Vibration Damper Market, Sub Segment Analysis
5.4.1. Rubber Vibration Damper
5.4.2. Silicone Oil Vibration Damper
5.4.3. Composite Vibration Damper
Chapter 6. Global Torsional Vibration Damper Market, by Application
6.1. Market Snapshot
6.2. Global Torsional Vibration Damper Market by Application, Performance – Potential Analysis
6.3. Global Torsional Vibration Damper Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Torsional Vibration Damper Market, Sub Segment Analysis
6.4.1. Passenger Vehicle
6.4.2. Commercial Vehicle
Chapter 7. Global Torsional Vibration Damper Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Torsional Vibration Damper Market, Regional Market Snapshot
7.4. North America Torsional Vibration Damper Market
7.4.1. U.S. Torsional Vibration Damper Market Type breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Torsional Vibration Damper Market
7.5. Europe Torsional Vibration Damper Market Snapshot
7.5.1. U.K. Torsional Vibration Damper Market
7.5.2. Germany Torsional Vibration Damper Market
7.5.3. France Torsional Vibration Damper Market
7.5.4. Spain Torsional Vibration Damper Market
7.5.5. Italy Torsional Vibration Damper Market
7.5.6. Rest of Europe Torsional Vibration Damper Market
7.6. Asia-Pacific Torsional Vibration Damper Market Snapshot
7.6.1. China Torsional Vibration Damper Market
7.6.2. India Torsional Vibration Damper Market
7.6.3. Japan Torsional Vibration Damper Market
7.6.4. Australia Torsional Vibration Damper Market
7.6.5. South Korea Torsional Vibration Damper Market
7.6.6. Rest of Asia Pacific Torsional Vibration Damper Market
7.7. Latin America Torsional Vibration Damper Market Snapshot
7.7.1. Brazil Torsional Vibration Damper Market
7.7.2. Mexico Torsional Vibration Damper Market
7.8. Middle East & Africa Torsional Vibration Damper Market
7.8.1. Saudi Arabia Torsional Vibration Damper Market
7.8.2. South Africa Torsional Vibration Damper Market
7.8.3. Rest of Middle East & Africa Torsional Vibration Damper Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Winkelmann Powertrain Components GmbH + Co. KG Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.3.2. Geislinger Gmbh
8.3.3. FAI Automotive Plc
8.3.4. Continental AG
8.3.5. SGF Gmbh & Co. KG
8.3.6. Schaeffler AG
8.3.7. ZF Friedrichshafen AG
8.3.8. Knorr-Bremse AG
8.3.9. Vibratech TVD
8.3.10. Voith Gmbh & Co. Kgaa
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

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Data Collection:
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
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The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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