Automotive Torsional Vibration Damper (TVD) Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2031)
The "Automotive Torsional Vibration Damper (TVD) Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Automotive Torsional Vibration Damper (TVD) market is expected to grow annually by 9.5% (CAGR 2024 - 2031).
This entire report is of 144 pages.
Automotive Torsional Vibration Damper (TVD) Introduction and its Market Analysis
The Automotive Torsional Vibration Damper (TVD) market research report provides insights into the market conditions, defining TVD as a device used to reduce torsional vibrations in automotive engines. The target market includes automotive manufacturers and suppliers. Major factors driving revenue growth include increasing demand for fuel-efficient vehicles and strict emissions regulations. Market analysis of key players such as Vibracoustic, Schaeffler, Valeo, ZF, BorgWarner, Continental, AAM, Knorr-Bremse, FUKOKU, Geislinger, Vibratech TVD, Gates, Anhui Zhongding, Ningbo Sedsun, and Dongfeng (Shiyan) is presented. The report's main findings highlight a growing market for TVD products and recommend continuous innovation to meet evolving customer needs.
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The Automotive Torsional Vibration Damper (TVD) market is segmented into Clutch Type, DMF Type, and Others, with applications in Passenger Cars and Commercial Vehicles. The demand for TVDs is driven by increasing awareness about the benefits of reducing engine vibration and noise, enhancing vehicle performance and longevity.
Regulatory and legal factors specific to the market conditions include stringent emission standards, fuel efficiency regulations, and safety requirements. Manufacturers are also required to comply with laws related to materials used in TVDs to ensure environmental sustainability.
With the growing automotive industry and advancements in technology, the TVD market is projected to witness significant growth. Companies are investing in research and development to introduce innovative solutions that meet the evolving demands of the automotive sector. Overall, the Automotive Torsional Vibration Damper market is expected to experience a steady increase in demand, driven by the need for improved vehicle performance and compliance with regulatory standards.
Top Featured Companies Dominating the Global Automotive Torsional Vibration Damper (TVD) Market
The global Automotive Torsional Vibration Damper (TVD) market is highly competitive with key players such as Vibracoustic, Schaeffler, Valeo, ZF, BorgWarner, Continental, AAM, Knorr-Bremse, FUKOKU, Geislinger, Vibratech TVD, Gates, Anhui Zhongding, Ningbo Sedsun, and Dongfeng (Shiyan) competing for market share. These companies provide a wide range of TVD products to meet the varying needs of automotive manufacturers.
Vibracoustic, a leading player in the market, focuses on providing innovative solutions for automotive noise and vibration control. Schaeffler, Valeo, ZF, BorgWarner, and Continental are also major players in the market, offering high-quality TVD products to improve engine performance and fuel efficiency.
AAM, Knorr-Bremse, and FUKOKU specialize in manufacturing advanced TVD technologies for heavy-duty vehicles, while Geislinger and Vibratech TVD cater to the marine industry with their high-performance TVD solutions.
Gates, Anhui Zhongding, Ningbo Sedsun, and Dongfeng (Shiyan) are key players in the aftermarket segment, supplying TVD products for replacement and repair purposes.
These companies play a crucial role in driving the growth of the Automotive Torsional Vibration Damper market by investing in research and development to introduce new and advanced TVD technologies. They also work closely with automotive manufacturers to provide customized solutions that meet the specific requirements of different vehicle models.
In terms of sales revenue, Vibracoustic reported sales revenue of $ billion in 2020, while Schaeffler and Valeo reported sales revenue of $13.2 billion and $20.2 billion respectively in the same year. BorgWarner reported sales revenue of $10.2 billion in 2020, while Continental reported sales revenue of $37.7 billion. These revenues demonstrate the significant market presence and growth potential of these companies in the Automotive Torsional Vibration Damper market.
- Vibracoustic
- Schaeffler
- Valeo
- ZF
- BorgWarner
- Continental
- AAM
- Knorr-Bremse
- FUKOKU
- Geislinger
- Vibratech TVD
- Gates
- Anhui Zhongding
- Ningbo Sedsun
- Dongfeng (Shiyan)
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Automotive Torsional Vibration Damper (TVD) Market Analysis, by Type:
- Clutch Type
- DMF Type
- Others
Automotive Torsional Vibration Dampers come in various types including Clutch Type, DMF Type, and others. Clutch Type dampers use springs and rubber elements to dampen vibrations. DMF Type dampers are dual mass flywheels that provide improved NVH performance. Other types include tuned torsional dampers and viscous dampers. These dampers help reduce engine noise, vibration, and harshness, leading to smoother operation of the vehicle. This improvement in driving experience and vehicle performance boosts the demand for Automotive Torsional Vibration Dampers in the market.
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Automotive Torsional Vibration Damper (TVD) Market Analysis, by Application:
- Passenger Cars
- Commercial Vehicles
Automotive Torsional Vibration Dampers (TVD) are crucial components in passenger cars and commercial vehicles to reduce torsional vibrations and ensure smooth engine operation. TVDs are used to absorb and dissipate vibrations caused by the engine, transmission, and driveline, preventing damage to other components and improving vehicle performance. The fastest growing application segment in terms of revenue for TVDs is in passenger cars, as the demand for fuel-efficient and high-performance vehicles continues to rise. Commercial vehicles also heavily rely on TVDs to increase driver comfort, reduce noise, and enhance overall vehicle reliability.
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Automotive Torsional Vibration Damper (TVD) Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The Automotive Torsional Vibration Damper (TVD) market is expected to witness significant growth in regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Among these regions, Asia-Pacific is expected to dominate the market with a market share of around 35%, driven by the presence of major automotive manufacturing hubs in countries like China, Japan, and India. Europe is also expected to hold a significant market share of approximately 30%, followed by North America with a market share of around 25%. Latin America and Middle East & Africa are anticipated to have smaller market shares of 5-10%.
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