USD 14.13 Billion
Automotive Flywheel Market Size, Share, and Growth Analysis
Automotive Flywheel Market By Material(Iron, Steel, Others), By Type(Single Mass, Dual Mass), By Vehicle type(Passenger Cars, Commercial Vehicles), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG25A2187 |
Region:
Global |
Published Date: October, 2024
Pages:
223
|Tables:
88
|Figures:
70
Format -
Automotive Flywheel Market Insights
Automotive Flywheel Market size was valued at USD 14.13 Billion in 2023 and is poised to grow from USD 14.4 Billion in 2024 to USD 16.74 Billion by 2032, growing at a CAGR of 1.9% during the forecast period (2025-2032).
Flywheels which are light and fast will become more and more of a trend over time. More and more automakers are using lightweight materials for flywheels-including aluminum and new alloys-in their efforts to save petrol and become environmentally friendly. This improves the car's overall performance and allows you to get better gas economy. The increasing prevalence of dual-mass flywheels (DMFs) is another significant market development. These flywheels are designed to reduce engine noise and improve engine performance, which enhances driving experience. Dual-mass flywheels are currently seen in many cars since they are easier to shift gears and are more comfortable to drive.
As more individuals purchase electric vehicles (EVs), the global automotive flywheels market outlook is evolving. Electric and hybrid cars are growing in popularity. Regular cars with internal combustion engines (ICEs) are catching up by implementing new spinning technologies that improve their overall energy handling and increase their energy recovery at the end of a drive. Additionally, the service segment of the automotive flywheel market is receiving increased focus as a result of these technological advancements. As their vehicles age and require replacement or upgrading, customers are turning to aftermarket options to enhance the performance of their flywheels.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
OEM
Fastest Growth
Aftermarket
Growth Rate
1.9% CAGR
Global Automotive Flywheel Market ($ Bn)
Country Share by Asia Pacific (%)
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Automotive Flywheel Market Segments Analysis
Global Automotive Flywheel Market is segmented on the material, type, vehicle type, and region. By material, market is segmented into iron, steel, and others. By type, market is segmented into Single Mass, and Dual Mass. By vehicle type, market is segmented into Passenger Cars, and Commercial Vehicles. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis by Type
As per categorization by type, the market is classified as OEM and aftermarket. Among these, OEM earned the largest share and continues to hold the dominant global automotive flywheel market share. Based on the usage and expected standards of quality and reliability that are specific to a vehicle, the OEM market will dominate the global automotive flywheel market. Due to their highly engineered compatibility and longevity, two components that are absolutely necessary for peak performance and safety, OEM flywheels are considered to be the most popular. The innovation trail continues with lightweight, latest materials that further improve the performance of the vehicles and give them better fuel economy. They strike strategic partnerships with automotive manufacturers, thus ensuring that their innovations are intended to partner naturally with their evolving drivetrain technologies and market trends.
The aftermarket segment is poised for the fastest growth in the global automotive flywheel market due to rising demand for cost-effective replacement parts and the increasing age of vehicles in use. A big driver for aftermarket solutions for many in terms of affordability and availability has to do with older or discontinued models. Furthermore, the growth of e-commerce platforms has opened so many doors to the consumer by allowing access to a wide range of aftermarket flywheels. Advancements in technology have also improved techniques in manufacturing, allowing the performance and quality of these parts to close the gap to that of OEM products. The awareness of maintenance would hence translate into a significant expansion of the aftermarket sector in the years to come.
Analysis by Transmission Type
Manual transmission dominates the global automotive flywheel market due to its widespread usage in cost-sensitive and performance-driven markets, particularly in regions like Asia-Pacific. Innovations such as dual-mass flywheels have enhanced driving comfort by reducing vibrations and improving torque management in manual systems. Manual transmissions offer better fuel efficiency and lower production costs compared to automatic systems, making them popular in compact cars and commercial vehicles. Additionally, their simple design and ease of maintenance contribute to their dominance. As emerging economies drive demand for affordable vehicles, the manual transmission segment remains a pivotal factor of the global automotive flywheel market growth.
Semi-automatic and automatic transmissions are expected to witness the fastest growth in the global automotive flywheel market due to increasing consumer preference for comfort, convenience, and smoother driving experiences. Ever since dual-clutch systems and advanced torque converters have gotten bigger, people have increased their adoption for premium and electric vehicles. Increased urbanization and traffic congestion in both developed and emerging economies would further drive the demand for automatic systems, which in turn reduces driver fatigue. Besides, government incentives on fuel-efficient and eco-friendly vehicles drive the adoption of advanced flywheel technologies for automatic transmissions, thus making it one main growth engine driving the automotive flywheel market.
Global Automotive Flywheel Market By Type (%)
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Automotive Flywheel Market Regional Insights
Asia Pacific dominates the global automotive flywheel market due to its massive automotive production capacity and high vehicle demand in countries like China, India, and Japan. The cost-sensitive consumer market in the region will prefer manual transmission vehicles, where flywheel usage is high and thus a great demand driving the recommendations above. Also, Asia Pacific houses many OEMs and aftermarket manufacturers under low production cost and strong supply chains. With rapid urbanization and increasing disposable incomes, an emerging middle-class population contributes highly to the rate of sale of vehicles in growing economies. Government initiatives with local production and export promotion backed up by developments in automotive technology will close the market in Asia Pacific for flywheels.
Europe is the fastest-growing region in the global automotive flywheel market, driven by its focus on advanced drivetrain technologies and stringent emission regulations. A strong local premium automakers presence and early hybrid and electric vehicle adoption fuel the demand for flywheels, such as dual-mass and lightweight. Along with rising investments in R&D to improve energy efficiency and performance in line with Europe's sustainable goals, the demand is boosted. The growing popularity of automatic transmissions and luxury vehicle, as well as government incentives for eco-friendly automotive solutions, further add to overall market growth. Europe's well-established aftermarket boosts adoption of replacement flywheels into various vehicle types.
Global Automotive Flywheel Market By Geography
- Largest
- Fastest
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Automotive Flywheel Market Dynamics
Automotive Flywheel Market Drivers
Increasing Vehicle Production and Fleet Expansion
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Urbanization and strengthening middle-class population are fuelling the global increase in vehicle productions, thus creating an upsurge in demand for automotive flywheel. A growing fleet of commercial or passenger vehicles, therefore, needs a strong and high-performance component like flywheels in drivetrain systems. Further, the trend in the automotive industry with the advancements of lightweight and efficient flywheel design solutions also boosts the market.
Rising Demand for Fuel-Efficient and Hybrid Vehicles
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Stringent emission regulations and consumer preference for fuel efficiency propel the adoption of advanced flywheels in hybrid and fuel-efficient vehicles. Innovative dynamics were built by the novel flywheel technologies such as energy recovery systems and lightweight materials to enhance vehicle performance and productivity. Since this drives development, automakers are very concerned with meeting environmental conditions and improving the efficiency of their drivelines.
Automotive Flywheel Market Restraints
Complex Maintenance and Repair Requirements
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Specialized maintenance and repair tools, as well as expert know-how, are necessary for advanced flywheel systems, which include dual-mass flywheels. Increased service costs due to such complexity tend to discourage uptake, especially in regions that tend to be cost-sensitive. The shortage of specialized technicians, then, in some markets, would prove to be an additional limitation in the widespread implementation of advanced flywheel technologies.
Market Fragmentation and Competition
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The automotive flywheel market faces challenges from high fragmentation and intense competition among OEMs and aftermarket players. This will lead to price war, reducing profit margins for big manufacturers. Thus, small players really struggle to invest in research and development of advanced flywheels, limiting further technological advancements and thereby hampering the overall growth potential of the market.
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Automotive Flywheel Market Competitive Landscape
The global automotive flywheel market is quite a competitive market; key players are inclined towards innovations and strategic partnerships for their respective market presence. These include ZF Friedrichshafen AG, Valeo, Schaeffler Group, EXEDY Corporation, and BorgWarner Inc. All these companies have been applying advanced technologies such as dual-mass flywheels and lightweight materials to cater to constantly evolving automotive requirements. OEMs and aftermarket suppliers are continuing to forge ahead in competition, keeping product offerings in pace with the most recent trends such as hybrid vehicles and improved drivetrain efficiency.
Top Players in Automotive Flywheel Market
- AISIN SEIKI Co., Ltd. (Japan)
- American Axle & Manufacturing, Inc. (US)
- AMS Automotive (US)
- EXEDY Globalparts (Japan)
- JMT Auto Limited (India)
- Lavacast (US)
- Linamar Corporation (Canada)
- LMB Euroseals (PTY) LTD (South Africa)
- Platinum Driveline (US)
- Schaeffler AG (Germany)
- Tilton Engineering (US)
- Valeo (France)
- ZF Friedrichshafen AG (Germany)
- Aupaca Foundry, Inc. (US)
- Skyway Precision Inc (US)
- Metaldyne Performance Group Inc (US)
- Mancor Industries (Canada)
- EXEDY Corporation (Japan)
- PUNCH Flybrid (Belgium)
- Zhejiang Tieliu Clutch Co., Ltd. (China)
- Schaeffler Technologies AG & Co. KG (Germany)
Recent Developments
- In October 2024, ZF Friedrichshafen AG announced that they have developed a completely new light flywheel system made with hybrid electrical vehicle applications in mind. It is also designed for lighting up the overall vehicle and has in it advanced materials, which are heartily integrated into the vehicle, and thus adds more fuel savings to meet strict emission standards while still retaining performance.
- In August 2024, The Schaeffler Group thrilled the world by announcing that it brought in a fresh, improved dual-mass flywheel system to tame the vibrations. With this idea, comfort and endurance for both manual and automatic transmission vehicles are improved. This flywheel would also endorse a much more fuel-efficient and eco-friendlier drivetrain, especially in commercial applications.
- In July 2024, EXEDY Corporation launched a newly developed, high-performance flywheel designed especially for electric vehicles fitted with regenerative braking systems. The new flywheel provides better energy buffering capabilities, thereby contributing overall to the improvement of the efficiency of the particular vehicle. This statement indicates that EXEDY reaffirms its commitment to developing advanced drivetrain technologies to improve energy recovery for the increasing automotive market of electric vehicles.
Automotive Flywheel Key Market Trends
- Shift Toward Lightweight Materials for Improved Fuel Efficiency: Responding to the rising call for fuel-efficient vehicles, automotive flywheel manufacturers have turned to using lightweight materials such as aluminum and carbon fiber. Such materials will further reduce vehicle weight, enhancing fuel economy as well as reducing CO2 emissions concerning environmental regulations and global customer demands from green vehicles.
- Rising Adoption of Dual-Mass Flywheels for Enhanced Performance: A dual mass flywheel is gaining increasing popularity in the automotive field for reduction of vibration and enhancement of overall comfort in the vehicle. These advanced flywheels improve torque management, making them ideal for both manual and automatic transmissions, and are especially sought after for use in hybrid and electric vehicles.
Automotive Flywheel Market SkyQuest Analysis
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global automotive flywheel industry is rapidly advancing due to the increased demand for lightweight materials and dual-mass flywheels. The innovations of automakers concerning the fuel economy and comfort of their vehicles are making them popular.
Therefore, with the coming of electric and hybrid vehicles, new doors are opened for advanced flywheel technologies in the market. OEMs have dominion with their precise engineering, while the aftermarket segment shows quick growth. In Asia-Pacific, regional trends show some superiority with Europe being the fastest-on-the-go region-the reason: technologically advanced and a horde of requirements for eco-friendly solutions.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 14.13 Billion |
| Market size value in 2032 | USD 16.74 Billion |
| Growth Rate | 1.9% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Automotive Flywheel Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Automotive Flywheel Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Automotive Flywheel Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Flywheel Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Flywheel Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Automotive Flywheel Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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