Market Overview:
The global freewheel clutches market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for agricultural equipment, automotive, bicycles, helicopters and other applications across the globe. Additionally, factors such as rising disposable income and technological advancements are also contributing to the growth of this market. The global freewheel clutches market is segmented on the basis of type into sprag type, roller type and ball bearing type. The sprag type segment is expected to hold a major share in terms of revenue in 2018 owing to its high demand from agricultural equipment and automotive applications across the globe. However, during the forecast period,the ball bearing type segment is projectedto grow at a higher CAGR due its growing demand from helicopters and other applications segments. On basis of application,the globalfreewheel clutchesmarketis dividedinto agricultural equipment;automotive;bicycles;helicoptersand others (marine application).
Product Definition:
A freewheel clutch is a device used to disengage the power transmission from an engine or other prime mover to the driving wheels of a vehicle, allowing them to rotate freely. This is done when it is necessary to change gears without stopping the engine, for instance when descending a long hill. The freewheel clutch can also provide braking force by resisting rotation of the driving wheels; this increases wear on the brake pads and shoes.
Sprag Type:
Sprag type is a device used in freewheel clutches to engage or disengage the freehub body from the driven member. It's basically an arm that comes out of the hub and can be operated by a lever, handle, or foot. The Sprag type engagement mechanism offers various advantages over traditional hand-operated freehub releases such as less power consumption, better reliability & easier servicing etc., which has led to its increased adoption rate in recent years.
Roller Type:
The roller type is a part of the freewheel clutch system. The basic function of roller type is to provide resistance while changing gear and prevent the vehicle from rolling away in case of any slip. There are different types of rollers used in freewheel clutches, such as thin-film, leaf spring, and disc springs.
Application Insights:
The global freewheel clutches market has been segmented on the basis of application into automobiles, bicycles, agricultural equipment, helicopters and others. The automotive application segment accounted for a major share in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing demand for fuel-efficient vehicles across various regions coupled with stringent government regulations regarding reduction in vehicular emissions.
Agricultural machinery is one of the prominent applications of these types of driveshafts as they are lightweight compared to conventional mechanical transmissions which increases their efficiency when used in farm vehicles such as tractors or harvesters. Furthermore, these transmissions also offer higher power reserves during hard work activities such as ploughing which further enhances their utilization in this sector.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of rapid industrialization and urbanization. Countries such as China, India, Japan, South Korea are some of the largest consumers of agricultural equipment owing to large farm sizes in these countries. Moreover, increasing population has led to an increase in food demand which is anticipated to boost product demand across this region during the forecast period.
Europe was valued at USD X billion in 2017 and is projected to expand at a CAGR of XX% from 2018 till 2030 owing high product adoption across various applications due mainly to technological advancements coupled with stringent government regulations regarding fuel consumption per unit distance traveled by vehicles operating under power sources other than electricity grids for transportation purposes (such as human powered or animal powered).
Growth Factors:
- Increasing demand for automobiles in developing countries
- Rising disposable income of consumers in developing countries
- Technological advancements in freewheel clutches
- Stringent emission norms by regulatory authorities across the globe
- Growing popularity of automatic transmission vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Freewheel Clutches Market Research Report
By Type
Sprag Type, Roller Type, Ball Bearing Type
By Application
Agricultural Equipment, Automotive, Bicycles, Helicopters, Others
By Companies
Morse, Altra Industrial Motion, Force Control, Nexen, AutoGard, Formsprag, Hilliard, Ringspann Corporation, PS Bearings, Formsprag, Morse, Dayton Superior Products, GMN Paul Müller Industrie GmbH & Co. KG
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Freewheel Clutches Market Report Segments:
The global Freewheel Clutches market is segmented on the basis of:
Types
Sprag Type, Roller Type, Ball Bearing Type
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
Agricultural Equipment, Automotive, Bicycles, Helicopters, Others
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:
- Morse
- Altra Industrial Motion
- Force Control
- Nexen
- AutoGard
- Formsprag
- Hilliard
- Ringspann Corporation
- PS Bearings
- Formsprag
- Morse
- Dayton Superior Products
- GMN Paul Müller Industrie GmbH & Co. KG
Highlights of The Freewheel Clutches 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:
- Sprag Type
- Roller Type
- Ball Bearing Type
- By Application:
- Agricultural Equipment
- Automotive
- Bicycles
- Helicopters
- Others
- 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 Freewheel Clutches 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Freewheel clutches are a type of clutch that allow the rider to coast or move forward without pedaling.
Some of the key players operating in the freewheel clutches market are Morse, Altra Industrial Motion, Force Control, Nexen, AutoGard, Formsprag, Hilliard, Ringspann Corporation, PS Bearings, Formsprag, Morse, Dayton Superior Products, GMN Paul M¼ller Industrie GmbH & Co. KG.
The freewheel clutches market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Freewheel Clutches Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Freewheel Clutches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Freewheel Clutches Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Freewheel Clutches Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Freewheel Clutches Market Size & Forecast, 2018-2028
4.5.1 Freewheel Clutches Market Size and Y-o-Y Growth
4.5.2 Freewheel Clutches Market Absolute $ Opportunity
Chapter 5 Global Freewheel Clutches Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Freewheel Clutches Market Size Forecast by Type
5.2.1 Sprag Type
5.2.2 Roller Type
5.2.3 Ball Bearing Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Freewheel Clutches Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Freewheel Clutches Market Size Forecast by Applications
6.2.1 Agricultural Equipment
6.2.2 Automotive
6.2.3 Bicycles
6.2.4 Helicopters
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Freewheel Clutches Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Freewheel Clutches Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Freewheel Clutches Analysis and Forecast
9.1 Introduction
9.2 North America Freewheel Clutches Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Freewheel Clutches Market Size Forecast by Type
9.6.1 Sprag Type
9.6.2 Roller Type
9.6.3 Ball Bearing Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Freewheel Clutches Market Size Forecast by Applications
9.10.1 Agricultural Equipment
9.10.2 Automotive
9.10.3 Bicycles
9.10.4 Helicopters
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Freewheel Clutches Analysis and Forecast
10.1 Introduction
10.2 Europe Freewheel Clutches Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Freewheel Clutches Market Size Forecast by Type
10.6.1 Sprag Type
10.6.2 Roller Type
10.6.3 Ball Bearing Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Freewheel Clutches Market Size Forecast by Applications
10.10.1 Agricultural Equipment
10.10.2 Automotive
10.10.3 Bicycles
10.10.4 Helicopters
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Freewheel Clutches Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Freewheel Clutches Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Freewheel Clutches Market Size Forecast by Type
11.6.1 Sprag Type
11.6.2 Roller Type
11.6.3 Ball Bearing Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Freewheel Clutches Market Size Forecast by Applications
11.10.1 Agricultural Equipment
11.10.2 Automotive
11.10.3 Bicycles
11.10.4 Helicopters
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Freewheel Clutches Analysis and Forecast
12.1 Introduction
12.2 Latin America Freewheel Clutches Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Freewheel Clutches Market Size Forecast by Type
12.6.1 Sprag Type
12.6.2 Roller Type
12.6.3 Ball Bearing Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Freewheel Clutches Market Size Forecast by Applications
12.10.1 Agricultural Equipment
12.10.2 Automotive
12.10.3 Bicycles
12.10.4 Helicopters
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Freewheel Clutches Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Freewheel Clutches Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Freewheel Clutches Market Size Forecast by Type
13.6.1 Sprag Type
13.6.2 Roller Type
13.6.3 Ball Bearing Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Freewheel Clutches Market Size Forecast by Applications
13.10.1 Agricultural Equipment
13.10.2 Automotive
13.10.3 Bicycles
13.10.4 Helicopters
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Freewheel Clutches Market: Competitive Dashboard
14.2 Global Freewheel Clutches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Morse
14.3.2 Altra Industrial Motion
14.3.3 Force Control
14.3.4 Nexen
14.3.5 AutoGard
14.3.6 Formsprag
14.3.7 Hilliard
14.3.8 Ringspann Corporation
14.3.9 PS Bearings
14.3.10 Formsprag
14.3.11 Morse
14.3.12 Dayton Superior Products
14.3.13 GMN Paul Müller Industrie GmbH & Co. KG
