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Global Balance Shaft Market by Manufacturing Process (Cast Balance Shaft, Forged Balance Shaft), Engine (Inline- 4 Cylinder (L4) Engine, Inline- 5 Cylinder Engine, Inline-3 Cylinder (L3) Engine), End-use - Forecast 2024-2030

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    Report

  • 189 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5336600
UP TO OFF until Dec 31st 2024
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The Balance Shaft Market size was estimated at USD 15.06 billion in 2023, USD 16.33 billion in 2024, and is expected to grow at a CAGR of 8.50% to reach USD 26.68 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Balance Shaft Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Balance Shaft Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Balance Shaft Market, highlighting leading vendors and their innovative profiles. These include American Axle & Manufacturing, Inc., Bailey Morris Limited, Balance Power Crankshaft Pvt. Ltd, Boigevis Trading (Guangzhou) Co.,Ltd., Burnley Balancing Ltd., CIMAT Balancing Machines, Engine Power Components, Inc., Hines Industries, Inc., Hirschvogel Holding GmbH, J L AUTOPARTS PVT LTD, Kokusai Co., Ltd., Linamar Corporation, MAT Foundry Group Ltd., Melrose Industries PLC, MICRON MACHINERY CO., LTD, Musashi Seimitsu Industry Co., Ltd., Ningbo Jingda Hardware Manufacture Co., Ltd., Otics Corporation, Sansera Engineering Limited, SHW AG, SKF Group, TFO Corporation, Toda Racing Co., Ltd, Wasa Motor HB, and WDB Group.

Market Segmentation & Coverage

This research report categorizes the Balance Shaft Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Manufacturing Process
    • Cast Balance Shaft
    • Forged Balance Shaft
  • Engine
    • Inline- 4 Cylinder (L4) Engine
    • Inline- 5 Cylinder Engine
    • Inline-3 Cylinder (L3) Engine
    • V-6 Engine
  • End-use
    • Commercial Vehicles
      • Heavy Commercial Vehicles
      • Light Commercial Vehicles
    • Passenger Vehicles
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Balance Shaft Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Balance Shaft Market?
  3. What are the technology trends and regulatory frameworks in the Balance Shaft Market?
  4. What is the market share of the leading vendors in the Balance Shaft Market?
  5. Which modes and strategic moves are suitable for entering the Balance Shaft Market?

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This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Balance Shaft Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing need for eco-friendly, fuel-efficient, light-weight, and reduced emission vehicles
5.1.1.2. Growing demand for inline-four cylinder
5.1.1.3. Rising focus to decrease NVH levels
5.1.2. Restraints
5.1.2.1. High cost in the production of long-lasting balance shafts
5.1.3. Opportunities
5.1.3.1. Advancements in balance shafts mechanism and manufacturing
5.1.3.2. Expansion of automotive aftermarket industry
5.1.4. Challenges
5.1.4.1. Adoption of electric vehicles
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Balance Shaft Market, by Manufacturing Process
6.1. Introduction
6.2. Cast Balance Shaft
6.3. Forged Balance Shaft
7. Balance Shaft Market, by Engine
7.1. Introduction
7.2. Inline- 4 Cylinder (L4) Engine
7.3. Inline- 5 Cylinder Engine
7.4. Inline-3 Cylinder (L3) Engine
7.5. V-6 Engine
8. Balance Shaft Market, by End-use
8.1. Introduction
8.2. Commercial Vehicles
8.3.1. Heavy Commercial Vehicles
8.3.2. Light Commercial Vehicles
8.3. Passenger Vehicles
9. Americas Balance Shaft Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Balance Shaft Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Balance Shaft Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. American Axle & Manufacturing, Inc.
13.1.2. Bailey Morris Limited
13.1.3. Balance Power Crankshaft Pvt. Ltd
13.1.4. Boigevis Trading (Guangzhou) Co.,Ltd.
13.1.5. Burnley Balancing Ltd.
13.1.6. CIMAT Balancing Machines
13.1.7. Engine Power Components, Inc.
13.1.8. Hines Industries, Inc.
13.1.9. Hirschvogel Holding GmbH
13.1.10. J L AUTOPARTS PVT LTD
13.1.11. Kokusai Co., Ltd.
13.1.12. Linamar Corporation
13.1.13. MAT Foundry Group Ltd.
13.1.14. Melrose Industries PLC
13.1.15. MICRON MACHINERY CO., LTD
13.1.16. Musashi Seimitsu Industry Co., Ltd.
13.1.17. Ningbo Jingda Hardware Manufacture Co., Ltd.
13.1.18. Otics Corporation
13.1.19. Sansera Engineering Limited
13.1.20. SHW AG
13.1.21. SKF Group
13.1.22. TFO Corporation
13.1.23. Toda Racing Co., Ltd
13.1.24. Wasa Motor HB
13.1.25. WDB Group
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
List of Figures
FIGURE 1. BALANCE SHAFT MARKET RESEARCH PROCESS
FIGURE 2. BALANCE SHAFT MARKET SIZE, 2023 VS 2030
FIGURE 3. BALANCE SHAFT MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. BALANCE SHAFT MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. BALANCE SHAFT MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. BALANCE SHAFT MARKET DYNAMICS
FIGURE 7. BALANCE SHAFT MARKET SIZE, BY MANUFACTURING PROCESS, 2023 VS 2030 (%)
FIGURE 8. BALANCE SHAFT MARKET SIZE, BY MANUFACTURING PROCESS, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. BALANCE SHAFT MARKET SIZE, BY ENGINE, 2023 VS 2030 (%)
FIGURE 10. BALANCE SHAFT MARKET SIZE, BY ENGINE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. BALANCE SHAFT MARKET SIZE, BY END-USE, 2023 VS 2030 (%)
FIGURE 12. BALANCE SHAFT MARKET SIZE, BY END-USE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS BALANCE SHAFT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS BALANCE SHAFT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES BALANCE SHAFT MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES BALANCE SHAFT MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC BALANCE SHAFT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC BALANCE SHAFT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA BALANCE SHAFT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA BALANCE SHAFT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. BALANCE SHAFT MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. BALANCE SHAFT MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned

  • American Axle & Manufacturing, Inc.
  • Bailey Morris Limited
  • Balance Power Crankshaft Pvt. Ltd
  • Boigevis Trading (Guangzhou) Co.,Ltd.
  • Burnley Balancing Ltd.
  • CIMAT Balancing Machines
  • Engine Power Components, Inc.
  • Hines Industries, Inc.
  • Hirschvogel Holding GmbH
  • J L AUTOPARTS PVT LTD
  • Kokusai Co., Ltd.
  • Linamar Corporation
  • MAT Foundry Group Ltd.
  • Melrose Industries PLC
  • MICRON MACHINERY CO., LTD
  • Musashi Seimitsu Industry Co., Ltd.
  • Ningbo Jingda Hardware Manufacture Co., Ltd.
  • Otics Corporation
  • Sansera Engineering Limited
  • SHW AG
  • SKF Group
  • TFO Corporation
  • Toda Racing Co., Ltd
  • Wasa Motor HB
  • WDB Group

Methodology

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Table Information