Report overview
Balance shafts are used in piston engines to reduce vibration by cancelling out unbalanced dynamic forces. The balance shaft was invented and patented by British engineer Frederick W. Lanchester in 1904. It is most commonly used in inline-four and V6 engines used in automobiles and motorcycles.
This report aims to provide a comprehensive presentation of the global market for Vehicle Balance Shaft, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vehicle Balance Shaft. This report contains market size and forecasts of Vehicle Balance Shaft in global, including the following market information:
Global Vehicle Balance Shaft Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Vehicle Balance Shaft Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Vehicle Balance Shaft companies in 2022 (%)
The global Vehicle Balance Shaft market was valued at US$ 9502.2 million in 2022 and is projected to reach US$ 12680 million by 2029, at a CAGR of 4.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Forged Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Vehicle Balance Shaft include Metaldyne LLC, Musashi Seimitsu Industry Co., Ltd, SKF Group, Otics Corporation, SHW AG, Sansera Engineering, Mitec-Jebsen Automotive Systems (Dalian) Co. Ltd, Ningbo Jingda Hardware Manufacture Co., Ltd and Tfo Corporation, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Vehicle Balance Shaft manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vehicle Balance Shaft Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Vehicle Balance Shaft Market Segment Percentages, by Type, 2022 (%)
Forged
Cast Balance Shaft
Global Vehicle Balance Shaft Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Vehicle Balance Shaft Market Segment Percentages, by Application, 2022 (%)
Inline-3 Cylinder
Inline-4 Cylinder
Inline-5 Cylinder
V-6 Cylinder
Global Vehicle Balance Shaft Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Vehicle Balance Shaft Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vehicle Balance Shaft revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Vehicle Balance Shaft revenues share in global market, 2022 (%)
Key companies Vehicle Balance Shaft sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Vehicle Balance Shaft sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Metaldyne LLC
Musashi Seimitsu Industry Co., Ltd
SKF Group
Otics Corporation
SHW AG
Sansera Engineering
Mitec-Jebsen Automotive Systems (Dalian) Co. Ltd
Ningbo Jingda Hardware Manufacture Co., Ltd
Tfo Corporation
Engine Power Components, Inc
Outline of Major Chapters:
Chapter 1: Introduces the definition of Vehicle Balance Shaft, market overview.
Chapter 2: Global Vehicle Balance Shaft market size in revenue and volume.
Chapter 3: Detailed analysis of Vehicle Balance Shaft manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Vehicle Balance Shaft in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Vehicle Balance Shaft capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
