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Automotive Balance Shaft Market Overview (2022 to 2032)

Demand for automotive balance shafts is projected to reach US$ 14.03 billion in 2022 and is expected to expand at a CAGR of 6% to US$ 25 billion from 2022 to 2032. Demand for automotive balance shafts has been on the rise, and some of the major factors that have been impacting this development are:

  • Rising demand for inline 4-cylinder engines
  • Increasing popularity of fuel-efficient vehicles with low carbon emissions
  • Growing requirement for vehicle engines with decreased noise, vibration, and harshness
  • High demand for passenger automobiles in developing countries
  • Advances in automotive technology.
Report Attributes Details
Estimated Base Year Value (2021) US$ 13.2 Billion
Expected Market Value (2022) US$ 14.03 Billion
Anticipated Forecast Value (2032) US$ 25 Billion
Projected Growth Rate (2022 to 2032) 6% CAGR

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Top Impacting Factors

A need for efficient fuel consumption

In many developing and developed economies, fuel consumption has skyrocketed during the past decade. There has been a noticeable improvement in the day-to-day operations of most vehicles. Since this has resulted in increased fuel consumption, demand for automotive balance shafts is rising, which in turn is likely to propel the automotive balance shaft market forward throughout the forecast period.

New, stricter emission regulations

The growing price of oil is a problem for the global automotive balance shaft market. As the number of cars on the road continues to rise, governments in many nations are growing increasingly concerned about the impact on the environment. As a result, many new regulations have been imposed on the manufacturing sector, and several developing nations have demanded that their manufacturers increase engine standards immediately. The adoption of automotive balance shafts is expected to increase as a result of this trend.

A Look into the Automotive Balance Shaft Market’s Competitive Environment

Several major players dominate the global automotive balance shaft market by employing a mix of different growth and consolidation methods, including product launches, acquisitions, and partnerships. The top 3 companies in the automotive balance shaft market holding the largest share are MAT Holdings, SAC Engine Components Pvt. Ltd, and China Ningbo Jingda Hardware Manufacture Co, Ltd.

  • MAT Holdings, Inc. is a privately held, worldwide diversified manufacturer, marketer, and distributor serving the automotive and consumer markets with high-quality products and recognized brands.
  • Founded in 1986 as Southern Auto Castings, SAC Engine Components Pvt. Ltd is a leading manufacturer and supplier of valve train IC Engine components for use in a wide variety of vehicles and industries. For over 30 years, SAC's Quality Management System has helped it stand out from the competition and build a solid reputation in the automotive balance shaft market.
  • Founded in 1994, China Ningbo Jingda Hardware Manufacture Co., Ltd. is a medium-sized Chinese manufacturer specializing in precision machining and stamping metal components, including turning components, machining components, hardware components, stamping metal components, and custom products.
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Nikhil Kaitwade

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A Checklist for Laying Out the Path for Automotive Balance Shaft Market Growth

Manufacturers are expected to follow different strategies to increase their market share in the competitive market. The three major approaches for their development include:

Leverage existing institutional mechanisms: Within the constraints of the plant's current product mix, consider how automation or digitalization could propel the facility into the top 25% of its field. According to automation experts, the best returns on investment can be found in the production process's early stages, specifically in upstream activities like injection molding and assembly. When considering automation's return on investment, logistics comes out at the bottom.

Think about whether the products being produced at each facility are the correct ones. Identifying the manufacturing facilities' component specialty profile is the next step. Before starting any genuine transformation effort, you should think about where the company’s product portfolio could go in the future. Most manufacturers are expected to need to adopt standard, flexible production lines as the industry moves toward fuel cells and lightweight materials. By the 2030s, the importance of capital-intensive industrial processes, which are currently essential to produce commodity components, is expected to have diminished.

Explore non-automotive adjacent spaces. Manufacturers of auto parts could benefit from forming strategic alliances with businesses in complementary industries in order to leverage their combined resources and expertise and increase their market presence. Several automotive components share manufacturing capacities with items in other industries where demand is stable. Several industries, including consumer electronics, communication devices, and the energy industry, offer intriguing points of confluence. This might benefit greatly from increased production capacity.

Automotive balance shaft suppliers might expect their current manufacturing footprints to be inadequate during the approaching era of upheaval. To make it through, the company shouldn't try to just react, but stay one step ahead of potential problems.

An automotive balance shaft is an engine component, found in most inline-four and V-six-cylinder engines. The fundamental feature of a balance shaft is to offset the vibrations created with the aid of the power strokes of the pistons. Without a balance shaft, these vibrations might cause excessive wear on the engine and make it difficult to operate smoothly. Balance shafts are usually driven by the engine's timing belt or chain and rotate at twice the speed of the crankshaft.

Asia Pacific is considered to be a highly lucrative market for automotive balance shafts, driven primarily by its utilization across the automotive industry. Balance shafts are commonly used for engine refinement. Four-cylinder engines use a tow shaft, which turns in opposite directions on either side of the engine’s crankshaft. A single balance shaft is used in three-cylinder and V6 engines.

Some major factors that are expected to fuel the growth of the Automotive Balance Shaft market include the growth of the automotive sector and the increasing demand for fuel-efficient engines. Balance shafts are mainly used in high commercial vehicles to reduce vibrations and noise. They play a very important role in the smooth running of these vehicles.

Simultaneously, stringent emission norms and stringent regulations imposed on vehicle manufacturers could pose challenges to this market over the next few years, which is a hindrance factor for the growth of the automotive balance shaft market.

Which are Some Prominent Drivers Spearheading Automotive Balance Shaft Market Growth?

Presently, reductions in emissions and fuel efficiency gains majorly drive the Research and Development segment in the automotive industry. Stringent global emission standards, volatile fuel prices, and enhanced environmental awareness globally are encouraging original equipment manufacturers (OEMs), governments, suppliers, and other stakeholders to provide feasible solutions within a set time frame.

Furthermore, the technologies which help OEMs to meet the various emission & fuel economy standards have assumed a significant role in branding. For instance, in the USA, the regulatory bar calls for new cars and trucks to average at least 34.1 m.p.g. by 2016, a level that would result in emissions of 250 grams of carbon dioxide per mile driven. Thus, demand for high gas mileage & lower emission levels within set standards is on an increase, which fuels the automotive balance shaft market growth.

Moreover, the automotive balance shaft market is driven by the performance benefits associated with the use of balancer shafts in engines and the growth of the automotive industry in emerging economies. In addition, performance benefits associated with the use of balancer shafts in engines are anticipated to accelerate the growth of the market as well.

Another major factor driving the growth of the automotive balance shaft market is its low cost. Balance shafts are inexpensive and can be easily replaced in case they get damaged due to wear and tear over time. Their ease of use also makes them popular amongst consumers, many of whom prefer to replace their old car with a new one rather than go for costly repairs. The growth of this market can be attributed to various factors such as the increasing demand for passenger cars and light commercial vehicles, rising awareness about fuel efficiency and emissions reduction, and stringent emission norms across the globe.

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What are the Challenges Faced by the Automotive Balance Shaft Market?

The automotive balance shaft market has numerous advantages in the automotive industry, but stringent emission norms and stringent regulations imposed on vehicle manufacturers could pose challenges to this market over the next few years, which is a hindrance factor for the growth of the automotive balance shaft market during the forecast period.

Moreover, volatility in raw material prices may restrain the growth of the automotive balance shaft market to some extent. In addition, demand for electric vehicles is expected to impede the growth of the automotive balance shaft market during the forecast period.

Why is Asia-Pacific Emerging as an Opportunistic Automotive Balance Shaft Market?

Asia Pacific is the largest market for automotive balance shafts and the trend is expected to continue into the forecast period owing to its utilization across the automotive industry, owing to the utilization of Balance shafts across the automotive industry in countries like Japan, India, and China.

Further, the need for eco-friendly automobiles in the Asia Pacific region including countries like Japan, China, and India is increasing, owing to the strict government emission policies, which in turn is expected to fuel the growth of the Automotive Balance Shaft market in the region.

How are North America and Europe Contributing to Growth of the Automotive Balance Shaft Market?

According to Future Market Insights, the North American market, along with the European market, are estimated to spearhead the automotive industry in terms of advancements, which in turn will boost the growth of the automotive balance shaft market in both regions. Factors such as the increasing demand for fuel-efficient vehicles and performance benefits associated with the use of balancer shafts in engines will offer immense growth opportunities.

To leverage the current opportunities, market vendors in countries including Germany France, the USA, and the United Kingdom are strengthening their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Moreover, the presence of top automotive players in countries including Germany, France, the United Kingdom, and the USA is another factor for the regions including North America and Europe to boost the sales prospects for the market during the forecast period.

Market Competition

Some of the key participants present in the global Automotive Balance Shaft Market include American Axle & Manufacturing Holdings, Inc., LACO, Mitec-Jensen Automotive Systems (Dalian) Co Ltd, Musashi Seimitsu Industry Co., Ltd., Ningbo Jingda Hardware Manufacture Co., Ltd., Otics Corporation, and Sansera Engineering, among others.

Attributed to the presence of such a high number of participants, the market is highly competitive. While global players such as American Axle & Manufacturing Holdings, Inc., and LACO, Mitec-Jensen Automotive Systems account for a considerable market size, several regional-level players are also operating across key growth regions, particularly in the Asia Pacific.

Scope Of Report

Report Attributes Details
Growth Rate CAGR of 6% from 2022 to 2032
Base Year for Estimation 2021
Historical Data 2015 to 2020
Forecast Period 2022 to 2032
Quantitative Units Revenue in USD Million, Volume in Kilotons, and CAGR from 2022 to 2032
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered
  • Engine Type
  • Manufacturing Process
  • Application
  • Region
Regions Covered
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East and Africa
Key Countries Profiled
  • USA
  • Canada
  • Brazil
  • Argentina
  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASIAN
  • GCC Countries
  • South Africa
Key Companies Profiled
  • American Axle & Manufacturing Holdings, Inc.
  • LACO, Mitec-Jensen Automotive Systems (Dalian) Co Ltd.
  • Musashi Seimitsu Industry Co., Ltd.
  • Ningbo Jingda Hardware Manufacture Co., Ltd.
  • Optics Corporation
  • Sansera Engineering
Customization Available Upon Request

Key Segments Profiled in the Automotive Balance Shaft Market Survey

Engine Type:

  • Inline-3 Cylinder
  • Inline-4 Cylinder
  • Inline-5 Cylinder
  • V-6 Cylinder

Manufacturing Process:

  • Forged Balance Shaft
  • Cast Balance Shaft

Application:

  • Passenger Cars
  • Light Commercial Vehicles
  • High Commercial Vehicles

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East & Africa

Frequently Asked Questions

What is the Growth Outlook for Automotive Balance Shaft Market?

The market is likely to register a CAGR of 6% through 2032.

What is the Current Valuation of the Automotive Balance Shaft Market?

The market is currently valued at US$ 14.03 Billion in 2022.

How is the Future of the Automotive Balance Shaft Market?

The market is likely to grow to a valuation of US$ 25 Billion by 2032.

Which is the Leading Region in the Market?

Asia Pacific is likely to be a leading market during the forecast period.

Table of Content

1. Executive Summary | Automotive Balance Shaft Market

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity 

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyers

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032

    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2017 to 2021

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2022 to 2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2017 to 2021

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2022 to 2032

        5.3.1. Forged

        5.3.2. Cast

    5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017 to 2021

    5.5. Absolute $ Opportunity Analysis By Product Type, 2022 to 2032

Deep-dive segmentation will be available in the sample on request

6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Engine Type 

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Engine Type, 2017 to 2021

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Engine Type, 2022 to 2032

        6.3.1. Inline 3 Cylinder Type

        6.3.2. Inline 4 Cylinder Type

        6.3.3. Inline 5 Cylinder Type

        6.3.4. V6 Cylinder Type

        6.3.5. V8 Cylinder Type

    6.4. Y-o-Y Growth Trend Analysis By Engine Type, 2017 to 2021

    6.5. Absolute $ Opportunity Analysis By Engine Type, 2022 to 2032

Deep-dive segmentation will be available in the sample on request

7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region

    7.1. Introduction

    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2017 to 2021

    7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2022 to 2032

        7.3.1. North America

        7.3.2. Latin America

        7.3.3. Europe

        7.3.4. East Asia

        7.3.5. South Asia & Pacific

        7.3.6. Middle East and Africa

    7.4. Market Attractiveness Analysis By Region

8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021

    8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032

        8.2.1. By Country

            8.2.1.1. USA

            8.2.1.2. Canada

        8.2.2. By Product Type

        8.2.3. By Engine Type 

    8.3. Market Attractiveness Analysis

        8.3.1. By Country

        8.3.2. By Product Type

        8.3.3. By Engine Type 

    8.4. Key Takeaways

9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021

    9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032

        9.2.1. By Country

            9.2.1.1. Mexico

            9.2.1.2. Brazil

            9.2.1.3. Rest of Latin America

        9.2.2. By Product Type

        9.2.3. By Engine Type 

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Product Type

        9.3.3. By Engine Type 

    9.4. Key Takeaways

10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021

    10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032

        10.2.1. By Country

            10.2.1.1. Germany

            10.2.1.2. Italy

            10.2.1.3. France

            10.2.1.4.United Kingdom

            10.2.1.5. Spain

            10.2.1.6. BENELUX

            10.2.1.7. Russia

            10.2.1.8. Rest of Europe

        10.2.2. By Product Type

        10.2.3. By Engine Type 

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Product Type

        10.3.3. By Engine Type 

    10.4. Key Takeaways

11. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021

    11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032

        11.2.1. By Country

            11.2.1.1. China

            11.2.1.2. Japan

            11.2.1.3. South Korea

        11.2.2. By Product Type

        11.2.3. By Engine Type 

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Product Type

        11.3.3. By Engine Type 

    11.4. Key Takeaways

12. South Asia & Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021

    12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032

        12.2.1. By Country

            12.2.1.1. India

            12.2.1.2. ASEAN

            12.2.1.3. Australia and New Zealand

            12.2.1.4. Rest of South Asia & Pacific

        12.2.2. By Product Type

        12.2.3. By Engine Type 

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Product Type

        12.3.3. By Engine Type 

    12.4. Key Takeaways

13. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021

    13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032

        13.2.1. By Country

            13.2.1.1. GCC Countries

            13.2.1.2. Turkey

            13.2.1.3. South Africa

            13.2.1.4. Rest of Middle East and Africa

        13.2.2. By Product Type

        13.2.3. By Engine Type 

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Product Type

        13.3.3. By Engine Type 

    13.4. Key Takeaways

14. Key Countries Market Analysis

    14.1. USA

        14.1.1. Pricing Analysis

        14.1.2. Market Share Analysis, 2021

            14.1.2.1. By Product Type

            14.1.2.2. By Engine Type 

    14.2. Canada

        14.2.1. Pricing Analysis

        14.2.2. Market Share Analysis, 2021

            14.2.2.1. By Product Type

            14.2.2.2. By Engine Type 

    14.3. Mexico

        14.3.1. Pricing Analysis

        14.3.2. Market Share Analysis, 2021

            14.3.2.1. By Product Type

            14.3.2.2. By Engine Type 

    14.4. Brazil

        14.4.1. Pricing Analysis

        14.4.2. Market Share Analysis, 2021

            14.4.2.1. By Product Type

            14.4.2.2. By Engine Type 

    14.5. Germany

        14.5.1. Pricing Analysis

        14.5.2. Market Share Analysis, 2021

            14.5.2.1. By Product Type

            14.5.2.2. By Engine Type 

    14.6. Italy

        14.6.1. Pricing Analysis

        14.6.2. Market Share Analysis, 2021

            14.6.2.1. By Product Type

            14.6.2.2. By Engine Type 

    14.7. France

        14.7.1. Pricing Analysis

        14.7.2. Market Share Analysis, 2021

            14.7.2.1. By Product Type

            14.7.2.2. By Engine Type 

    14.8.United Kingdom

        14.8.1. Pricing Analysis

        14.8.2. Market Share Analysis, 2021

            14.8.2.1. By Product Type

            14.8.2.2. By Engine Type 

    14.9. Spain

        14.9.1. Pricing Analysis

        14.9.2. Market Share Analysis, 2021

            14.9.2.1. By Product Type

            14.9.2.2. By Engine Type 

    14.10. BENELUX

        14.10.1. Pricing Analysis

        14.10.2. Market Share Analysis, 2021

            14.10.2.1. By Product Type

            14.10.2.2. By Engine Type 

    14.11. Russia

        14.11.1. Pricing Analysis

        14.11.2. Market Share Analysis, 2021

            14.11.2.1. By Product Type

            14.11.2.2. By Engine Type 

    14.12. China

        14.12.1. Pricing Analysis

        14.12.2. Market Share Analysis, 2021

            14.12.2.1. By Product Type

            14.12.2.2. By Engine Type 

    14.13. Japan

        14.13.1. Pricing Analysis

        14.13.2. Market Share Analysis, 2021

            14.13.2.1. By Product Type

            14.13.2.2. By Engine Type 

    14.14. South Korea

        14.14.1. Pricing Analysis

        14.14.2. Market Share Analysis, 2021

            14.14.2.1. By Product Type

            14.14.2.2. By Engine Type 

    14.15. India

        14.15.1. Pricing Analysis

        14.15.2. Market Share Analysis, 2021

            14.15.2.1. By Product Type

            14.15.2.2. By Engine Type 

    14.16. ASIAN

        14.16.1. Pricing Analysis

        14.16.2. Market Share Analysis, 2021

            14.16.2.1. By Product Type

            14.16.2.2. By Engine Type 

    14.17. Australia and New Zealand

        14.17.1. Pricing Analysis

        14.17.2. Market Share Analysis, 2021

            14.17.2.1. By Product Type

            14.17.2.2. By Engine Type 

    14.18. GCC Countries

        14.18.1. Pricing Analysis

        14.18.2. Market Share Analysis, 2021

            14.18.2.1. By Product Type

            14.18.2.2. By Engine Type 

    14.19. Turkey

        14.19.1. Pricing Analysis

        14.19.2. Market Share Analysis, 2021

            14.19.2.1. By Product Type

            14.19.2.2. By Engine Type 

    14.20. South Africa

        14.20.1. Pricing Analysis

        14.20.2. Market Share Analysis, 2021

            14.20.2.1. By Product Type

            14.20.2.2. By Engine Type 

15. Market Structure Analysis

    15.1. Competition Dashboard

    15.2. Competition Benchmarking

    15.3. Market Share Analysis of Top Players

        15.3.1. By Regional

        15.3.2. By Product Type

        15.3.3. By Engine Type 

16. Competition Analysis

    16.1. Competition Deep Dive

        16.1.1. SHW AG

            16.1.1.1. Overview

            16.1.1.2. Product Portfolio

            16.1.1.3. Profitability by Market Segments

            16.1.1.4. Sales Footprint

            16.1.1.5. Strategy Overview

                16.1.1.5.1. Marketing Strategy

                16.1.1.5.2. Product Strategy

                16.1.1.5.3. Channel Strategy

        16.1.2. OTICS Corporation

            16.1.2.1. Overview

            16.1.2.2. Product Portfolio

            16.1.2.3. Profitability by Market Segments

            16.1.2.4. Sales Footprint

            16.1.2.5. Strategy Overview

                16.1.2.5.1. Marketing Strategy

                16.1.2.5.2. Product Strategy

                16.1.2.5.3. Channel Strategy

        16.1.3. Sansera Engineering

            16.1.3.1. Overview

            16.1.3.2. Product Portfolio

            16.1.3.3. Profitability by Market Segments

            16.1.3.4. Sales Footprint

            16.1.3.5. Strategy Overview

                16.1.3.5.1. Marketing Strategy

                16.1.3.5.2. Product Strategy

                16.1.3.5.3. Channel Strategy

        16.1.4. Musahi Seimetsu Industry Co., Ltd.

            16.1.4.1. Overview

            16.1.4.2. Product Portfolio

            16.1.4.3. Profitability by Market Segments

            16.1.4.4. Sales Footprint

            16.1.4.5. Strategy Overview

                16.1.4.5.1. Marketing Strategy

                16.1.4.5.2. Product Strategy

                16.1.4.5.3. Channel Strategy

        16.1.5. TFO Corporation

            16.1.5.1. Overview

            16.1.5.2. Product Portfolio

            16.1.5.3. Profitability by Market Segments

            16.1.5.4. Sales Footprint

            16.1.5.5. Strategy Overview

                16.1.5.5.1. Marketing Strategy

                16.1.5.5.2. Product Strategy

                16.1.5.5.3. Channel Strategy

        16.1.6. Metaldyne, LLC

            16.1.6.1. Overview

            16.1.6.2. Product Portfolio

            16.1.6.3. Profitability by Market Segments

            16.1.6.4. Sales Footprint

            16.1.6.5. Strategy Overview

                16.1.6.5.1. Marketing Strategy

                16.1.6.5.2. Product Strategy

                16.1.6.5.3. Channel Strategy

        16.1.7. Engine Power Components Inc

            16.1.7.1. Overview

            16.1.7.2. Product Portfolio

            16.1.7.3. Profitability by Market Segments

            16.1.7.4. Sales Footprint

            16.1.7.5. Strategy Overview

                16.1.7.5.1. Marketing Strategy

                16.1.7.5.2. Product Strategy

                16.1.7.5.3. Channel Strategy

        16.1.8. Ningbo Jingda Hardware Manufacture Co., Ltd

            16.1.8.1. Overview

            16.1.8.2. Product Portfolio

            16.1.8.3. Profitability by Market Segments

            16.1.8.4. Sales Footprint

            16.1.8.5. Strategy Overview

                16.1.8.5.1. Marketing Strategy

                16.1.8.5.2. Product Strategy

                16.1.8.5.3. Channel Strategy

        16.1.9. Sansera Engineering

            16.1.9.1. Overview

            16.1.9.2. Product Portfolio

            16.1.9.3. Profitability by Market Segments

            16.1.9.4. Sales Footprint

            16.1.9.5. Strategy Overview

                16.1.9.5.1. Marketing Strategy

                16.1.9.5.2. Product Strategy

                16.1.9.5.3. Channel Strategy

17. Assumptions & Acronyms Used

18. Research Methodology

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List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2017 to 2032

Table 2: Global Market Volume (Units) Forecast by Region, 2017 to 2032

Table 3: Global Market Value (US$ Million) Forecast by Product Type, 2017 to 2032

Table 4: Global Market Volume (Units) Forecast by Product Type, 2017 to 2032

Table 5: Global Market Value (US$ Million) Forecast by Engine Type, 2017 to 2032

Table 6: Global Market Volume (Units) Forecast by Engine Type, 2017 to 2032

Table 7: North America Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 8: North America Market Volume (Units) Forecast by Country, 2017 to 2032

Table 9: North America Market Value (US$ Million) Forecast by Product Type, 2017 to 2032

Table 10: North America Market Volume (Units) Forecast by Product Type, 2017 to 2032

Table 11: North America Market Value (US$ Million) Forecast by Engine Type, 2017 to 2032

Table 12: North America Market Volume (Units) Forecast by Engine Type, 2017 to 2032

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 14: Latin America Market Volume (Units) Forecast by Country, 2017 to 2032

Table 15: Latin America Market Value (US$ Million) Forecast by Product Type, 2017 to 2032

Table 16: Latin America Market Volume (Units) Forecast by Product Type, 2017 to 2032

Table 17: Latin America Market Value (US$ Million) Forecast by Engine Type, 2017 to 2032

Table 18: Latin America Market Volume (Units) Forecast by Engine Type, 2017 to 2032

Table 19: Europe Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 20: Europe Market Volume (Units) Forecast by Country, 2017 to 2032

Table 21: Europe Market Value (US$ Million) Forecast by Product Type, 2017 to 2032

Table 22: Europe Market Volume (Units) Forecast by Product Type, 2017 to 2032

Table 23: Europe Market Value (US$ Million) Forecast by Engine Type, 2017 to 2032

Table 24: Europe Market Volume (Units) Forecast by Engine Type, 2017 to 2032

Table 25: East Asia Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 26: East Asia Market Volume (Units) Forecast by Country, 2017 to 2032

Table 27: East Asia Market Value (US$ Million) Forecast by Product Type, 2017 to 2032

Table 28: East Asia Market Volume (Units) Forecast by Product Type, 2017 to 2032

Table 29: East Asia Market Value (US$ Million) Forecast by Engine Type, 2017 to 2032

Table 30: East Asia Market Volume (Units) Forecast by Engine Type, 2017 to 2032

Table 31: South Asia & Pacific Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 32: South Asia & Pacific Market Volume (Units) Forecast by Country, 2017 to 2032

Table 33: South Asia & Pacific Market Value (US$ Million) Forecast by Product Type, 2017 to 2032

Table 34: South Asia & Pacific Market Volume (Units) Forecast by Product Type, 2017 to 2032

Table 35: South Asia & Pacific Market Value (US$ Million) Forecast by Engine Type, 2017 to 2032

Table 36: South Asia & Pacific Market Volume (Units) Forecast by Engine Type, 2017 to 2032

Table 37: MEA Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 38: MEA Market Volume (Units) Forecast by Country, 2017 to 2032

Table 39: MEA Market Value (US$ Million) Forecast by Product Type, 2017 to 2032

Table 40: MEA Market Volume (Units) Forecast by Product Type, 2017 to 2032

Table 41: MEA Market Value (US$ Million) Forecast by Engine Type, 2017 to 2032

Table 42: MEA Market Volume (Units) Forecast by Engine Type, 2017 to 2032
Nikhil Kaitwade
Nikhil Kaitwade

Principal Consultant

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List of Charts

Figure 1: Global Market Value (US$ Million) by Product Type, 2022 to 2032

Figure 2: Global Market Value (US$ Million) by Engine Type, 2022 to 2032

Figure 3: Global Market Value (US$ Million) by Region, 2022 to 2032

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2017 to 2032

Figure 5: Global Market Volume (Units) Analysis by Region, 2017 to 2032

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032

Figure 8: Global Market Value (US$ Million) Analysis by Product Type, 2017 to 2032

Figure 9: Global Market Volume (Units) Analysis by Product Type, 2017 to 2032

Figure 10: Global Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032

Figure 11: Global Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032

Figure 12: Global Market Value (US$ Million) Analysis by Engine Type, 2017 to 2032

Figure 13: Global Market Volume (Units) Analysis by Engine Type, 2017 to 2032

Figure 14: Global Market Value Share (%) and BPS Analysis by Engine Type, 2022 to 2032

Figure 15: Global Market Y-o-Y Growth (%) Projections by Engine Type, 2022 to 2032

Figure 16: Global Market Attractiveness by Product Type, 2022 to 2032

Figure 17: Global Market Attractiveness by Engine Type, 2022 to 2032

Figure 18: Global Market Attractiveness by Region, 2022 to 2032

Figure 19: North America Market Value (US$ Million) by Product Type, 2022 to 2032

Figure 20: North America Market Value (US$ Million) by Engine Type, 2022 to 2032

Figure 21: North America Market Value (US$ Million) by Country, 2022 to 2032

Figure 22: North America Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 23: North America Market Volume (Units) Analysis by Country, 2017 to 2032

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 26: North America Market Value (US$ Million) Analysis by Product Type, 2017 to 2032

Figure 27: North America Market Volume (Units) Analysis by Product Type, 2017 to 2032

Figure 28: North America Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032

Figure 29: North America Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032

Figure 30: North America Market Value (US$ Million) Analysis by Engine Type, 2017 to 2032

Figure 31: North America Market Volume (Units) Analysis by Engine Type, 2017 to 2032

Figure 32: North America Market Value Share (%) and BPS Analysis by Engine Type, 2022 to 2032

Figure 33: North America Market Y-o-Y Growth (%) Projections by Engine Type, 2022 to 2032

Figure 34: North America Market Attractiveness by Product Type, 2022 to 2032

Figure 35: North America Market Attractiveness by Engine Type, 2022 to 2032

Figure 36: North America Market Attractiveness by Country, 2022 to 2032

Figure 37: Latin America Market Value (US$ Million) by Product Type, 2022 to 2032

Figure 38: Latin America Market Value (US$ Million) by Engine Type, 2022 to 2032

Figure 39: Latin America Market Value (US$ Million) by Country, 2022 to 2032

Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 41: Latin America Market Volume (Units) Analysis by Country, 2017 to 2032

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 44: Latin America Market Value (US$ Million) Analysis by Product Type, 2017 to 2032

Figure 45: Latin America Market Volume (Units) Analysis by Product Type, 2017 to 2032

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032

Figure 48: Latin America Market Value (US$ Million) Analysis by Engine Type, 2017 to 2032

Figure 49: Latin America Market Volume (Units) Analysis by Engine Type, 2017 to 2032

Figure 50: Latin America Market Value Share (%) and BPS Analysis by Engine Type, 2022 to 2032

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Engine Type, 2022 to 2032

Figure 52: Latin America Market Attractiveness by Product Type, 2022 to 2032

Figure 53: Latin America Market Attractiveness by Engine Type, 2022 to 2032

Figure 54: Latin America Market Attractiveness by Country, 2022 to 2032

Figure 55: Europe Market Value (US$ Million) by Product Type, 2022 to 2032

Figure 56: Europe Market Value (US$ Million) by Engine Type, 2022 to 2032

Figure 57: Europe Market Value (US$ Million) by Country, 2022 to 2032

Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 59: Europe Market Volume (Units) Analysis by Country, 2017 to 2032

Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 62: Europe Market Value (US$ Million) Analysis by Product Type, 2017 to 2032

Figure 63: Europe Market Volume (Units) Analysis by Product Type, 2017 to 2032

Figure 64: Europe Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032

Figure 65: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032

Figure 66: Europe Market Value (US$ Million) Analysis by Engine Type, 2017 to 2032

Figure 67: Europe Market Volume (Units) Analysis by Engine Type, 2017 to 2032

Figure 68: Europe Market Value Share (%) and BPS Analysis by Engine Type, 2022 to 2032

Figure 69: Europe Market Y-o-Y Growth (%) Projections by Engine Type, 2022 to 2032

Figure 70: Europe Market Attractiveness by Product Type, 2022 to 2032

Figure 71: Europe Market Attractiveness by Engine Type, 2022 to 2032

Figure 72: Europe Market Attractiveness by Country, 2022 to 2032

Figure 73: East Asia Market Value (US$ Million) by Product Type, 2022 to 2032

Figure 74: East Asia Market Value (US$ Million) by Engine Type, 2022 to 2032

Figure 75: East Asia Market Value (US$ Million) by Country, 2022 to 2032

Figure 76: East Asia Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 77: East Asia Market Volume (Units) Analysis by Country, 2017 to 2032

Figure 78: East Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 79: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 80: East Asia Market Value (US$ Million) Analysis by Product Type, 2017 to 2032

Figure 81: East Asia Market Volume (Units) Analysis by Product Type, 2017 to 2032

Figure 82: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032

Figure 83: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032

Figure 84: East Asia Market Value (US$ Million) Analysis by Engine Type, 2017 to 2032

Figure 85: East Asia Market Volume (Units) Analysis by Engine Type, 2017 to 2032

Figure 86: East Asia Market Value Share (%) and BPS Analysis by Engine Type, 2022 to 2032

Figure 87: East Asia Market Y-o-Y Growth (%) Projections by Engine Type, 2022 to 2032

Figure 88: East Asia Market Attractiveness by Product Type, 2022 to 2032

Figure 89: East Asia Market Attractiveness by Engine Type, 2022 to 2032

Figure 90: East Asia Market Attractiveness by Country, 2022 to 2032

Figure 91: South Asia & Pacific Market Value (US$ Million) by Product Type, 2022 to 2032

Figure 92: South Asia & Pacific Market Value (US$ Million) by Engine Type, 2022 to 2032

Figure 93: South Asia & Pacific Market Value (US$ Million) by Country, 2022 to 2032

Figure 94: South Asia & Pacific Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 95: South Asia & Pacific Market Volume (Units) Analysis by Country, 2017 to 2032

Figure 96: South Asia & Pacific Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 97: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 98: South Asia & Pacific Market Value (US$ Million) Analysis by Product Type, 2017 to 2032

Figure 99: South Asia & Pacific Market Volume (Units) Analysis by Product Type, 2017 to 2032

Figure 100: South Asia & Pacific Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032

Figure 101: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032

Figure 102: South Asia & Pacific Market Value (US$ Million) Analysis by Engine Type, 2017 to 2032

Figure 103: South Asia & Pacific Market Volume (Units) Analysis by Engine Type, 2017 to 2032

Figure 104: South Asia & Pacific Market Value Share (%) and BPS Analysis by Engine Type, 2022 to 2032

Figure 105: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Engine Type, 2022 to 2032

Figure 106: South Asia & Pacific Market Attractiveness by Product Type, 2022 to 2032

Figure 107: South Asia & Pacific Market Attractiveness by Engine Type, 2022 to 2032

Figure 108: South Asia & Pacific Market Attractiveness by Country, 2022 to 2032

Figure 109: MEA Market Value (US$ Million) by Product Type, 2022 to 2032

Figure 110: MEA Market Value (US$ Million) by Engine Type, 2022 to 2032

Figure 111: MEA Market Value (US$ Million) by Country, 2022 to 2032

Figure 112: MEA Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 113: MEA Market Volume (Units) Analysis by Country, 2017 to 2032

Figure 114: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 115: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 116: MEA Market Value (US$ Million) Analysis by Product Type, 2017 to 2032

Figure 117: MEA Market Volume (Units) Analysis by Product Type, 2017 to 2032

Figure 118: MEA Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032

Figure 119: MEA Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032

Figure 120: MEA Market Value (US$ Million) Analysis by Engine Type, 2017 to 2032

Figure 121: MEA Market Volume (Units) Analysis by Engine Type, 2017 to 2032

Figure 122: MEA Market Value Share (%) and BPS Analysis by Engine Type, 2022 to 2032

Figure 123: MEA Market Y-o-Y Growth (%) Projections by Engine Type, 2022 to 2032

Figure 124: MEA Market Attractiveness by Product Type, 2022 to 2032

Figure 125: MEA Market Attractiveness by Engine Type, 2022 to 2032

Figure 126: MEA Market Attractiveness by Country, 2022 to 2032

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