Internationale des Constructeurs d’Automobiles’ a France-based organization, have sold 69.5
million units of passenger cars in 2016 from 66.3 million units in 2015.
Automotive flywheel market taxonomy
On the basis of application, the global automotive flywheel market is segmented into:
•Passenger cars
•Light commercial vehicles
•Medium & heavy commercial vehicles
On the basis of flywheel type, the global automotive flywheel market is segmented into:
•Single flywheel
•Multilevel flywheel
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Based on application, passenger cars segment held dominant position in the global automotive
flywheel market in 2016 and is projected to retain its dominance throughout the forecast period.
Increasing demand of passenger cars and sport utility vehicle worldwide is one of the key factor
for growth of the automotive flywheel market.
Automotive flywheel Market Outlook – Asia Pacific accounted for largest market share
in global automotive flywheel market.
On the basis of geography, global automotive flywheel market is segmented into North America,
Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific held dominant position in
the global automotive flywheel market in 2016 and is projected to retain its dominance
throughout the forecast period. Increasing adoption of continuously variable transmission (CVTs)
and Dual clutch transmission (DCTs) in various economies such as Japan and China and
increasing adoption of automated manual transmission (AMTs) in India is expected to drive
growth of automotive flywheel market in Asia Pacific region. According to ‘Organisation
Internationale des Constructeurs d’Automobiles’ a France-based organization, an estimated 24.4
million units of personal cars were sold in 2016 in China from 21.2 million in 2015. Similarly, in
India 3 million units of personal cars were sold in 2016 from 2.8 million in 2015.
Key companies of global automotive flywheel market
Key players operating in global automotive flywheel market include Schaeffler Group, Linamar
Corporation, ZF Friedrichshafen AG, Valeo, EXEDY Corporation, Mancor Industries, Metaldyne
Performance Group Inc, Skyway Precision Inc, and Waupaca Foundry, Inc.