Automotive Balance Shaft Market by Engine Type (Inline 3-cylinder, Inline 4-cylinder, Inline 5-cylinder), Manufacturing Process (Casting, Forging, V6 Engine), Application, Sales Channel - Global Forecast 2024-2030

Automotive Balance Shaft Market by Engine Type (Inline 3-cylinder, Inline 4-cylinder, Inline 5-cylinder), Manufacturing Process (Casting, Forging, V6 Engine), Application, Sales Channel - Global Forecast 2024-2030


The Automotive Balance Shaft Market size was estimated at USD 13.95 billion in 2023 and expected to reach USD 14.80 billion in 2024, at a CAGR 6.63% to reach USD 21.87 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automotive 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 Automotive 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 Automotive Balance Shaft Market, highlighting leading vendors and their innovative profiles. These include ACPT Inc., American Axle & Manufacturing Inc., Bailey Morris, Engine Power Components, Inc., GKN PLC, Hirschvogel Group, HYUNDAI WIA Corp, JTEKT Corporation, Linamar Corporation, MAT Foundry Group Ltd., Meritor by Cummins Inc, Mohit Engineers Pvt. Ltd, Musashi Seimitsu Industry Co., Ltd., Nexteer Automotive Corporation, Ningbo Jingda Hardware Manufacture Co., Ltd., NTN Corporation, Otics Corporation, Sansera Engineering Limited, Shanghai GKN HUAYU Driveline Systems Co., Ltd., TFO Corporation, The Timken Company, Trelleborg AB, Wanxiang America Corporation, Xuchang Yuangdong Drive Shaft Co., Ltd., and Yamada Manufacturing Co. Ltd..

Market Segmentation & Coverage

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

Engine Type

Inline 3-cylinder
  • Inline 4-cylinder
  • Inline 5-cylinder
  • Manufacturing Process

    Casting
  • Forging
  • V6 Engine
  • Application

    Heavy Commercial Vehicles
  • Light Commercial Vehicles
  • Passenger Cars
  • Sales Channel

    Aftermarket
  • Original Equipment Manufacturer (OEMs)
  • 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 Automotive Balance Shaft Market?
    2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automotive Balance Shaft Market?
    3. What are the technology trends and regulatory frameworks in the Automotive Balance Shaft Market?
    4. What is the market share of the leading vendors in the Automotive Balance Shaft Market?
    5. Which modes and strategic moves are suitable for entering the Automotive Balance Shaft Market?


    Note: PDF & Excel + Online Access - 1 Year

  • 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. Automotive Balance Shaft Market, by Region
    5. Market Insights
    5.1. Market Dynamics
    5.1.1. Drivers
    5.1.1.1. Growing automobiles industry and increasing demand for fuel-efficient vehicles
    5.1.1.2. Rising demand for smooth and silent engines for enhanced driving experience
    5.1.1.3. Rapid adoption of electric and hybrid vehicles
    5.1.2. Restraints
    5.1.2.1. Competition from alternative engine balance solutions
    5.1.3. Opportunities
    5.1.3.1. Advancements in the material and manufacturing of automotive balance shafts
    5.1.3.2. Surging consumer preference for vehicles with four-cylinder piston engines
    5.1.4. Challenges
    5.1.4.1. Concerns associated with performance limitations and failure of balance shafts
    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. Automotive Balance Shaft Market, by Engine Type
    6.1. Introduction
    6.2. Inline 3-cylinder
    6.3. Inline 4-cylinder
    6.4. Inline 5-cylinder
    7. Automotive Balance Shaft Market, by Manufacturing Process
    7.1. Introduction
    7.2. Casting
    7.3. Forging
    7.4. V6 Engine
    8. Automotive Balance Shaft Market, by Application
    8.1. Introduction
    8.2. Heavy Commercial Vehicles
    8.3. Light Commercial Vehicles
    8.4. Passenger Cars
    9. Automotive Balance Shaft Market, by Sales Channel
    9.1. Introduction
    9.2. Aftermarket
    9.3. Original Equipment Manufacturer (OEMs)
    10. Americas Automotive Balance Shaft Market
    10.1. Introduction
    10.2. Argentina
    10.3. Brazil
    10.4. Canada
    10.5. Mexico
    10.6. United States
    11. Asia-Pacific Automotive Balance Shaft Market
    11.1. Introduction
    11.2. Australia
    11.3. China
    11.4. India
    11.5. Indonesia
    11.6. Japan
    11.7. Malaysia
    11.8. Philippines
    11.9. Singapore
    11.10. South Korea
    11.11. Taiwan
    11.12. Thailand
    11.13. Vietnam
    12. Europe, Middle East & Africa Automotive Balance Shaft Market
    12.1. Introduction
    12.2. Denmark
    12.3. Egypt
    12.4. Finland
    12.5. France
    12.6. Germany
    12.7. Israel
    12.8. Italy
    12.9. Netherlands
    12.10. Nigeria
    12.11. Norway
    12.12. Poland
    12.13. Qatar
    12.14. Russia
    12.15. Saudi Arabia
    12.16. South Africa
    12.17. Spain
    12.18. Sweden
    12.19. Switzerland
    12.20. Turkey
    12.21. United Arab Emirates
    12.22. United Kingdom
    13. Competitive Landscape
    13.1. FPNV Positioning Matrix
    13.2. Market Share Analysis, By Key Player
    13.3. Competitive Scenario Analysis, By Key Player
    14. Competitive Portfolio
    14.1. Key Company Profiles
    14.1.1. ACPT Inc.
    14.1.2. American Axle & Manufacturing Inc.
    14.1.3. Bailey Morris
    14.1.4. Engine Power Components, Inc.
    14.1.5. GKN PLC
    14.1.6. Hirschvogel Group
    14.1.7. HYUNDAI WIA Corp
    14.1.8. JTEKT Corporation
    14.1.9. Linamar Corporation
    14.1.10. MAT Foundry Group Ltd.
    14.1.11. Meritor by Cummins Inc
    14.1.12. Mohit Engineers Pvt. Ltd
    14.1.13. Musashi Seimitsu Industry Co., Ltd.
    14.1.14. Nexteer Automotive Corporation
    14.1.15. Ningbo Jingda Hardware Manufacture Co., Ltd.
    14.1.16. NTN Corporation
    14.1.17. Otics Corporation
    14.1.18. Sansera Engineering Limited
    14.1.19. Shanghai GKN HUAYU Driveline Systems Co., Ltd.
    14.1.20. TFO Corporation
    14.1.21. The Timken Company
    14.1.22. Trelleborg AB
    14.1.23. Wanxiang America Corporation
    14.1.24. Xuchang Yuangdong Drive Shaft Co., Ltd.
    14.1.25. Yamada Manufacturing Co. Ltd.
    14.2. Key Product Portfolio
    15. Appendix
    15.1. Discussion Guide
    15.2. License & Pricing
    FIGURE 1. AUTOMOTIVE BALANCE SHAFT MARKET RESEARCH PROCESS
    FIGURE 2. AUTOMOTIVE BALANCE SHAFT MARKET SIZE, 2023 VS 2030
    FIGURE 3. AUTOMOTIVE BALANCE SHAFT MARKET SIZE, 2018-2030 (USD MILLION)
    FIGURE 4. AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY REGION, 2023 VS 2030 (%)
    FIGURE 5. AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 6. AUTOMOTIVE BALANCE SHAFT MARKET DYNAMICS
    FIGURE 7. AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY ENGINE TYPE, 2023 VS 2030 (%)
    FIGURE 8. AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY ENGINE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 9. AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY MANUFACTURING PROCESS, 2023 VS 2030 (%)
    FIGURE 10. AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY MANUFACTURING PROCESS, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 11. AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
    FIGURE 12. AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 13. AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY SALES CHANNEL, 2023 VS 2030 (%)
    FIGURE 14. AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY SALES CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 15. AMERICAS AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 16. AMERICAS AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 17. UNITED STATES AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY STATE, 2023 VS 2030 (%)
    FIGURE 18. UNITED STATES AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 19. ASIA-PACIFIC AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 20. ASIA-PACIFIC AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 21. EUROPE, MIDDLE EAST & AFRICA AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 22. EUROPE, MIDDLE EAST & AFRICA AUTOMOTIVE BALANCE SHAFT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 23. AUTOMOTIVE BALANCE SHAFT MARKET, FPNV POSITIONING MATRIX, 2023
    FIGURE 24. AUTOMOTIVE BALANCE SHAFT MARKET SHARE, BY KEY PLAYER, 2023

    Download our eBook: How to Succeed Using Market Research

    Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

    Download eBook
    Cookie Settings