Market Overview:
The global torque dampers 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 torque dampers in various applications, such as automobiles, marine, and others. In addition, the growing awareness about safety and security is also propelling the demand for torque dampers across different regions. The global torque damper market can be segmented on the basis of type into automation control, motion control, and vibration control. The automation control segment is expected to hold a major share of the global torque damper market during the forecast period owing to its wide application in various industries such as automotive, aerospace & defense, marine & shipping etc.
Product Definition:
Torque dampers are devices that reduce vibrations in rotating systems. They are typically used in engines, turbines, and other high-speed applications. The importance of torque dampers is that they help to improve the performance and life of the system by reducing wear and tear on the moving parts.
Automation Control:
Automation control is a technology that helps to reduce the human errors and provides more safety in manufacturing processes. It controls various functions such as machine positioning, material handling, speed of operation and also detects any malfunction or error that may occur during the process. Torque dampers are used for controlling automated machines in order to prevent excessive torque from causing damage to the sensitive parts of machinery or equipment.
Motion Control:
Motion control is a technology that helps to reduce the vibrations and shock in electronic systems.
Vibration Control - This technique uses various devices like masses, springs, viscous dampers or fluids to absorb vibration.
Application Insights:
Automobile was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Automotive industry uses torque converters for various applications such as engine mounts, transmission mounts, power steering pump, air conditioner mountings and others. Torque converters are also used in automobiles for changing rotational speed into linear speed which is required by other components of an automobile.
The use of torque dampers in automobiles helps to maintain tire traction at high speeds by controlling wheel hop caused due to uneven tire wear on different parts of a car¢â‚¬â„¢s tires resulting from translation or rolling resistance forces acting on them respectively. The aforementioned benefits offered by automotive torque dampers are anticipated to drive their demand over the forecast period thereby propelling the global market growth during this period.
Marine application segment accounted for USD 1,000k - 1 million worth products in 2017 owing to growing demand from industries such as oil & gas.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries such as manufacturing, construction, and energy & power. In addition, rising disposable income levels coupled with increased industrialization is anticipated to drive product adoption across this region during the forecast period.
The Asia Pacific regional market was closely followed by Europe that accounted for a major portion of global Torque Dampers Market Share in 2017 owing to high automotive production and sales volumes across countries such as Germany, France, Italy, Spain among others.
In North America Torque Dampers Market Size was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for torque dampers in automotive industry as a result of rising vehicle production.
- Growing popularity of torque dampers in aerospace and defense sector due to their ability to reduce vibration and noise levels.
- Rising demand for lightweight components across various industries, which is fueling the growth of the torque damper market.
- Technological advancements in the design and manufacturing of torque dampers that are helping to improve their performance and efficiency.
Scope Of The Report
Report Attributes
Report Details
Report Title
Torque Dampers Market Research Report
By Type
Automation Control, Motion Control, Vibration Control
By Application
Automobile, Marine, Others
By Companies
Siemens, Somic Ishikawa, Dorman Products, Ace Controls, TOK, Geislinger, Exedy, Takachiho America, Preformed Line Products, Sontay, Belimo, Fukoku
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Torque Dampers Market Report Segments:
The global Torque Dampers market is segmented on the basis of:
Types
Automation Control, Motion Control, Vibration Control
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
Automobile, Marine, 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:
- Siemens
- Somic Ishikawa
- Dorman Products
- Ace Controls
- TOK
- Geislinger
- Exedy
- Takachiho America
- Preformed Line Products
- Sontay
- Belimo
- Fukoku
Highlights of The Torque Dampers 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:
- Automation Control
- Motion Control
- Vibration Control
- By Application:
- Automobile
- Marine
- 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 Torque Dampers 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Torque dampers are devices that reduce the amount of torque applied to a rotating component. This can be helpful in preventing damage to the component or system.
Some of the major companies in the torque dampers market are Siemens, Somic Ishikawa, Dorman Products, Ace Controls, TOK, Geislinger, Exedy, Takachiho America, Preformed Line Products, Sontay, Belimo, Fukoku.
The torque dampers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Torque Dampers 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. Torque Dampers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Torque Dampers Market - Supply Chain
4.5. Global Torque Dampers Market Forecast
4.5.1. Torque Dampers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Torque Dampers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Torque Dampers Market Absolute $ Opportunity
5. Global Torque Dampers 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. Torque Dampers Market Size and Volume Forecast by Type
5.3.1. Automation Control
5.3.2. Motion Control
5.3.3. Vibration Control
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Torque Dampers 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. Torque Dampers Market Size and Volume Forecast by Application
6.3.1. Automobile
6.3.2. Marine
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Torque Dampers 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. Torque Dampers 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 Torque Dampers 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. Torque Dampers 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 Torque Dampers Demand Share Forecast, 2019-2026
9. North America Torque Dampers 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 Torque Dampers 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 Torque Dampers Market Size and Volume Forecast by Application
9.4.1. Automobile
9.4.2. Marine
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Torque Dampers Market Size and Volume Forecast by Type
9.7.1. Automation Control
9.7.2. Motion Control
9.7.3. Vibration Control
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 Torque Dampers Demand Share Forecast, 2019-2026
10. Latin America Torque Dampers 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 Torque Dampers 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 Torque Dampers Market Size and Volume Forecast by Application
10.4.1. Automobile
10.4.2. Marine
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Torque Dampers Market Size and Volume Forecast by Type
10.7.1. Automation Control
10.7.2. Motion Control
10.7.3. Vibration Control
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 Torque Dampers Demand Share Forecast, 2019-2026
11. Europe Torque Dampers 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 Torque Dampers 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 Torque Dampers Market Size and Volume Forecast by Application
11.4.1. Automobile
11.4.2. Marine
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Torque Dampers Market Size and Volume Forecast by Type
11.7.1. Automation Control
11.7.2. Motion Control
11.7.3. Vibration Control
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 Torque Dampers Demand Share, 2019-2026
12. Asia Pacific Torque Dampers 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 Torque Dampers 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 Torque Dampers Market Size and Volume Forecast by Application
12.4.1. Automobile
12.4.2. Marine
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Torque Dampers Market Size and Volume Forecast by Type
12.7.1. Automation Control
12.7.2. Motion Control
12.7.3. Vibration Control
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 Torque Dampers Demand Share, 2019-2026
13. Middle East & Africa Torque Dampers 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 Torque Dampers 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 Torque Dampers Market Size and Volume Forecast by Application
13.4.1. Automobile
13.4.2. Marine
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Torque Dampers Market Size and Volume Forecast by Type
13.7.1. Automation Control
13.7.2. Motion Control
13.7.3. Vibration Control
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 Torque Dampers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Torque Dampers Market: Market Share Analysis
14.2. Torque Dampers Distributors and Customers
14.3. Torque Dampers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Somic Ishikawa
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dorman Products
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ace Controls
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TOK
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Geislinger
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Exedy
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Takachiho America
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Preformed Line Products
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sontay
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Belimo
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fukoku
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
