The global balance shaft market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The passenger car segment is expected to account for the largest share of the market in terms of value, followed by LCV and HCV segments. North America is expected to be the fastest-growing region in terms of value, followed by Europe and Asia Pacific respectively.
- The Balance Shaft market is expected to grow at a CAGR of 3.5% from 2017-2022.
- The growth of the Balance Shaft market is driven by the increasing demand for fuel efficient vehicles and the need for better engine performance.
- Increasing demand for diesel engines in emerging economies such as China, India, and Brazil will also drive the growth of this market.
- The increasing number of vehicle recalls due to faulty balance shafts will also drive this market's growth.
- Increasing demand for hybrid vehicles will also drive this market's growth.
Industry Growth Insights published a new data on “Balance Shaft Market”. The research report is titled “Balance Shaft Market research by Types (Inline-3 Cylinder, Inline-4 Cylinder, Inline-5 Cylinder, V-6 Cylinder), By Applications (Passenger Car, LCV, HCV), By Players/Companies Metaldyne, Musashi Seimitsu Industry, SKF Group, Otics Corporation, SHW, Sansera Engineering, Mitec-Jebsen Automotive Systems (Dalian), Ningbo Jingda Hardware Manufacture, Tfo Corporation, Engine Power Components”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Balance Shaft Market Research Report
By Type
Inline-3 Cylinder, Inline-4 Cylinder, Inline-5 Cylinder, V-6 Cylinder
By Application
Passenger Car, LCV, HCV
By Companies
Metaldyne, Musashi Seimitsu Industry, SKF Group, Otics Corporation, SHW, Sansera Engineering, Mitec-Jebsen Automotive Systems (Dalian), Ningbo Jingda Hardware Manufacture, Tfo Corporation, Engine Power Components
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Balance Shaft Market Report Segments:
The global Balance Shaft market is segmented on the basis of:
Types
Inline-3 Cylinder, Inline-4 Cylinder, Inline-5 Cylinder, V-6 Cylinder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, LCV, HCV
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Metaldyne
- Musashi Seimitsu Industry
- SKF Group
- Otics Corporation
- SHW
- Sansera Engineering
- Mitec-Jebsen Automotive Systems (Dalian)
- Ningbo Jingda Hardware Manufacture
- Tfo Corporation
- Engine Power Components
Highlights of The Balance Shaft Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Inline-3 Cylinder
- Inline-4 Cylinder
- Inline-5 Cylinder
- V-6 Cylinder
- By Application:
- Passenger Car
- LCV
- HCV
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Balance Shaft Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A balance shaft is a small, rotating component located between the engine and transmission in a car. It helps to stabilize the car by providing counterbalance to the engine's torque.
Some of the major players in the balance shaft market are Metaldyne, Musashi Seimitsu Industry, SKF Group, Otics Corporation, SHW, Sansera Engineering, Mitec-Jebsen Automotive Systems (Dalian), Ningbo Jingda Hardware Manufacture, Tfo Corporation, Engine Power Components.
The balance shaft market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Balance Shaft Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Balance Shaft Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Balance Shaft Market - Supply Chain
4.5. Global Balance Shaft Market Forecast
4.5.1. Balance Shaft Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Balance Shaft Market Size (000 Units) and Y-o-Y Growth
4.5.3. Balance Shaft Market Absolute $ Opportunity
5. Global Balance Shaft Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Balance Shaft Market Size and Volume Forecast by Type
5.3.1. Inline-3 Cylinder
5.3.2. Inline-4 Cylinder
5.3.3. Inline-5 Cylinder
5.3.4. V-6 Cylinder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Balance Shaft Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Balance Shaft Market Size and Volume Forecast by Application
6.3.1. Passenger Car
6.3.2. LCV
6.3.3. HCV
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Balance Shaft Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Balance Shaft Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Balance Shaft Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Balance Shaft Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Balance Shaft Demand Share Forecast, 2019-2026
9. North America Balance Shaft Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Balance Shaft Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Balance Shaft Market Size and Volume Forecast by Application
9.4.1. Passenger Car
9.4.2. LCV
9.4.3. HCV
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Balance Shaft Market Size and Volume Forecast by Type
9.7.1. Inline-3 Cylinder
9.7.2. Inline-4 Cylinder
9.7.3. Inline-5 Cylinder
9.7.4. V-6 Cylinder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Balance Shaft Demand Share Forecast, 2019-2026
10. Latin America Balance Shaft Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Balance Shaft Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Balance Shaft Market Size and Volume Forecast by Application
10.4.1. Passenger Car
10.4.2. LCV
10.4.3. HCV
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Balance Shaft Market Size and Volume Forecast by Type
10.7.1. Inline-3 Cylinder
10.7.2. Inline-4 Cylinder
10.7.3. Inline-5 Cylinder
10.7.4. V-6 Cylinder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Balance Shaft Demand Share Forecast, 2019-2026
11. Europe Balance Shaft Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Balance Shaft Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Balance Shaft Market Size and Volume Forecast by Application
11.4.1. Passenger Car
11.4.2. LCV
11.4.3. HCV
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Balance Shaft Market Size and Volume Forecast by Type
11.7.1. Inline-3 Cylinder
11.7.2. Inline-4 Cylinder
11.7.3. Inline-5 Cylinder
11.7.4. V-6 Cylinder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Balance Shaft Demand Share, 2019-2026
12. Asia Pacific Balance Shaft Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Balance Shaft Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Balance Shaft Market Size and Volume Forecast by Application
12.4.1. Passenger Car
12.4.2. LCV
12.4.3. HCV
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Balance Shaft Market Size and Volume Forecast by Type
12.7.1. Inline-3 Cylinder
12.7.2. Inline-4 Cylinder
12.7.3. Inline-5 Cylinder
12.7.4. V-6 Cylinder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Balance Shaft Demand Share, 2019-2026
13. Middle East & Africa Balance Shaft Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Balance Shaft Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Balance Shaft Market Size and Volume Forecast by Application
13.4.1. Passenger Car
13.4.2. LCV
13.4.3. HCV
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Balance Shaft Market Size and Volume Forecast by Type
13.7.1. Inline-3 Cylinder
13.7.2. Inline-4 Cylinder
13.7.3. Inline-5 Cylinder
13.7.4. V-6 Cylinder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Balance Shaft Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Balance Shaft Market: Market Share Analysis
14.2. Balance Shaft Distributors and Customers
14.3. Balance Shaft Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Metaldyne
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Musashi Seimitsu Industry
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SKF Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Otics Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SHW
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sansera Engineering
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mitec-Jebsen Automotive Systems (Dalian)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ningbo Jingda Hardware Manufacture
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tfo Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Engine Power Components
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
