Balance Shaft - Global Market Outlook (2017-2026)
Balance Shaft - Global Market Outlook (2017-2026)
Published: June 2019 ID: SMRC18305

According to Stratistics MRC, the Global Balance Shaft Market is accounted for $9,978.4 million in 2017 and is expected to reach $20,215.6 million by 2026 growing at a CAGR of 8.2% during the forecast period. Some of the key factors influencing the market growth include rising demand for vehicles equipped with inline-4 cylinder engines, need for reduction in engine NvH levels and reduced co2 emissions. However, shifting focus towards electric vehicles is restraining market growth.

A balance shaft is designed to vibrate and rotate in such a way that it can reduce the vibration produced by an engine. Balance shafts are most commonly utilized in inline four-cylinder engines, which due to their design asymmetry, have an inherent second order vibration (vibrating at twice the engine RPM) that cannot be eliminated no matter how well the internal components are balanced.

Based on the manufacturing process type, Forged Balance Shaft has significant growth during the forecast period. Balance shafts can be forged from a steel bar, usually through roll forging. Forged balance shafts are widely adopted, due to their lightness, compact dimensions, and effective inherent damping.

By Geography, The Asia Pacific region has emerged as significant market for the global automotive industry. The primary reason behind this trend is the Chinese market, which has evolved into the largest producer and consumer of automobiles across the globe. Rising demand for the Inline-4 Cylinder Engine especially in the Asia-Pacific region has played a vital role in driving the balance shaft market.

Some of the key players in global balance shaft market are SKF Group, Musashi Seimitsu Industry Co., Ltd., Metaldyne LLC, Tfo Corporation, Ningbo Jingda Hardware Manufacture Co., Ltd., Sansera Engineering, SHW AG, Mitec-Jebsen Automotive Systems (Dalian) Co. Ltd., Engine Power Components, Inc. and Otics Corporation.

Manufacturing Process Types Covered:
• Cast Balance Shaft
• Forged Balance Shaft

Vehicle Types Covered:
• Heavy Commercial Vehicle
• Passenger Car
• Light Commercial Vehicle

Engine Types Covered:
• V-6 Engine
• Inline- 5 Cylinder Engine
• Inline- 4 Cylinder (L4) Engine
• Inline-3 Cylinder (L3) Engine

End Users Covered:
• Defense
• Commercial
• Industrial
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand     
o South Korea      
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary           
            
2 Preface           
 2.1 Abstract          
 2.2 Stake Holders         
 2.3 Research Scope         
 2.4 Research Methodology        
  2.4.1 Data Mining        
  2.4.2 Data Analysis        
  2.4.3 Data Validation        
  2.4.4 Research Approach        
 2.5 Research Sources         
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions        
            
3 Market Trend Analysis         
 3.1 Introduction         
 3.2 Drivers          
 3.3 Restraints         
 3.4 Opportunities         
 3.5 Threats          
 3.6 End User Analysis         
 3.7 Emerging Markets         
 3.8 Futuristic Market Scenario        
            
4 Porters Five Force Analysis     
     
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry         
            
5 Global Balance Shaft Market, By Manufacturing Process Type      
 5.1 Introduction         
 5.2 Cast Balance Shaft         
 5.3 Forged Balance Shaft         
            
6 Global Balance Shaft Market, By Vehicle Type       
 6.1 Introduction         
 6.2 Heavy Commercial Vehicle         
 6.3 Passenger Car         
 6.4 Light Commercial Vehicle        
            
7 Global Balance Shaft Market, By Engine Type       
 7.1 Introduction         
 7.2 V-6 Engine         
 7.3 Inline- 5 Cylinder Engine        
 7.4 Inline- 4 Cylinder (L4) Engine        
 7.5 Inline-3 Cylinder (L3) Engine        
            
8 Global Balance Shaft Market, By End User       
 8.1 Introduction         
 8.2 Defense          
 8.3 Commercial         
 8.4 Industrial          
 8.5 Other End Users         
  8.5.1 Entertainment        
  8.5.2 Transportation        
  8.5.3 Retail         
  8.5.4 Government        
            
9 Global Balance Shaft Market, By Geography       
 9.1 Introduction         
 9.2 North America         
  9.2.1 US         
  9.2.2 Canada         
  9.2.3 Mexico         
 9.3 Europe          
  9.3.1 Germany         
  9.3.2 UK         
  9.3.3 Italy         
  9.3.4 France         
  9.3.5 Spain         
  9.3.6 Rest of Europe        
 9.4 Asia Pacific         
  9.4.1 Japan         
  9.4.2 China         
  9.4.3 India         
  9.4.4 Australia         
  9.4.5 New Zealand        
  9.4.6 South Korea        
  9.4.7 Rest of Asia Pacific        
 9.5 South America         
  9.5.1 Argentina        
  9.5.2 Brazil         
  9.5.3 Chile         
  9.5.4 Rest of South America       
 9.6 Middle East & Africa        
  9.6.1 Saudi Arabia        
  9.6.2 UAE         
  9.6.3 Qatar         
  9.6.4 South Africa        
  9.6.5 Rest of Middle East & Africa       
            
10 Key Developments          
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures     
 10.2 Acquisitions & Mergers        
 10.3 New Product Launch        
 10.4 Expansions         
 10.5 Other Key Strategies        
            
11 Company Profiling       
   
 11.1 SKF Group         
 11.2 Musashi Seimitsu Industry Co., Ltd.       
 11.3 Metaldyne LLC         
 11.4 Tfo Corporation         
 11.5 Ningbo Jingda Hardware Manufacture Co., Ltd.      
 11.6 Sansera Engineering        
 11.7 SHW AG          
 11.8 Mitec-Jebsen Automotive Systems (Dalian) Co. Ltd.      
 11.9 Engine Power Components, Inc.       
 11.10 Otics Corporation                     


List of Tables           
1 Global Balance Shaft Market Outlook, By Region (2016-2026) ($MN)     
2 Global Balance Shaft Market Outlook, By Manufacturing Process Type (2016-2026) ($MN)   
3 Global Balance Shaft Market Outlook, By Cast Balance Shaft (2016-2026) ($MN)    
4 Global Balance Shaft Market Outlook, By Forged Balance Shaft (2016-2026) ($MN)    
5 Global Balance Shaft Market Outlook, By Vehicle Type (2016-2026) ($MN)    
6 Global Balance Shaft Market Outlook, By Heavy Commercial Vehicle (2016-2026) ($MN)   
7 Global Balance Shaft Market Outlook, By Passenger Car (2016-2026) ($MN)    
8 Global Balance Shaft Market Outlook, By Light Commercial Vehicle (2016-2026) ($MN)   
9 Global Balance Shaft Market Outlook, By Engine Type (2016-2026) ($MN)     
10 Global Balance Shaft Market Outlook, By V-6 Engine (2016-2026) ($MN)     
11 Global Balance Shaft Market Outlook, By Inline- 5 Cylinder Engine (2016-2026) ($MN)   
12 Global Balance Shaft Market Outlook, By Inline- 4 Cylinder (L4) Engine (2016-2026) ($MN)   
13 Global Balance Shaft Market Outlook, By Inline-3 Cylinder (L3) Engine (2016-2026) ($MN)   
14 Global Balance Shaft Market Outlook, By End User (2016-2026) ($MN)     
15 Global Balance Shaft Market Outlook, By Defense (2016-2026) ($MN)     
16 Global Balance Shaft Market Outlook, By Commercial (2016-2026) ($MN)     
17 Global Balance Shaft Market Outlook, By Industrial (2016-2026) ($MN)     
18 Global Balance Shaft Market Outlook, By Other End Users (2016-2026) ($MN)    
19 Global Balance Shaft Market Outlook, By Entertainment (2016-2026) ($MN)    
20 Global Balance Shaft Market Outlook, By Transportation (2016-2026) ($MN)    
21 Global Balance Shaft Market Outlook, By Retail (2016-2026) ($MN)     
22 Global Balance Shaft Market Outlook, By Government (2016-2026) ($MN)    
23 North America Balance Shaft Market Outlook, By Country (2016-2026) ($MN)    
24 North America Balance Shaft Market Outlook, By Manufacturing Process Type (2016-2026) ($MN)  
25 North America Balance Shaft Market Outlook, By Cast Balance Shaft (2016-2026) ($MN)   
26 North America Balance Shaft Market Outlook, By Forged Balance Shaft (2016-2026) ($MN)   
27 North America Balance Shaft Market Outlook, By Vehicle Type (2016-2026) ($MN)    
28 North America Balance Shaft Market Outlook, By Heavy Commercial Vehicle (2016-2026) ($MN)  
29 North America Balance Shaft Market Outlook, By Passenger Car (2016-2026) ($MN)    
30 North America Balance Shaft Market Outlook, By Light Commercial Vehicle (2016-2026) ($MN)  
31 North America Balance Shaft Market Outlook, By Engine Type (2016-2026) ($MN)    
32 North America Balance Shaft Market Outlook, By V-6 Engine (2016-2026) ($MN)    
33 North America Balance Shaft Market Outlook, By Inline- 5 Cylinder Engine (2016-2026) ($MN)   
34 North America Balance Shaft Market Outlook, By Inline- 4 Cylinder (L4) Engine (2016-2026) ($MN)  
35 North America Balance Shaft Market Outlook, By Inline-3 Cylinder (L3) Engine (2016-2026) ($MN)  
36 North America Balance Shaft Market Outlook, By End User (2016-2026) ($MN)    
37 North America Balance Shaft Market Outlook, By Defense (2016-2026) ($MN)    
38 North America Balance Shaft Market Outlook, By Commercial (2016-2026) ($MN)    
39 North America Balance Shaft Market Outlook, By Industrial (2016-2026) ($MN)     
40 North America Balance Shaft Market Outlook, By Other End Users (2016-2026) ($MN)   
41 North America Balance Shaft Market Outlook, By Entertainment (2016-2026) ($MN)    
42 North America Balance Shaft Market Outlook, By Transportation (2016-2026) ($MN)   
43 North America Balance Shaft Market Outlook, By Retail (2016-2026) ($MN)    
44 North America Balance Shaft Market Outlook, By Government (2016-2026) ($MN)    
45 Europe Balance Shaft Market Outlook, By Country (2016-2026) ($MN)     
46 Europe Balance Shaft Market Outlook, By Manufacturing Process Type (2016-2026) ($MN)   
47 Europe Balance Shaft Market Outlook, By Cast Balance Shaft (2016-2026) ($MN)    
48 Europe Balance Shaft Market Outlook, By Forged Balance Shaft (2016-2026) ($MN)    
49 Europe Balance Shaft Market Outlook, By Vehicle Type (2016-2026) ($MN)    
50 Europe Balance Shaft Market Outlook, By Heavy Commercial Vehicle (2016-2026) ($MN)   
51 Europe Balance Shaft Market Outlook, By Passenger Car (2016-2026) ($MN)    
52 Europe Balance Shaft Market Outlook, By Light Commercial Vehicle (2016-2026) ($MN)   
53 Europe Balance Shaft Market Outlook, By Engine Type (2016-2026) ($MN)    
54 Europe Balance Shaft Market Outlook, By V-6 Engine (2016-2026) ($MN)     
55 Europe Balance Shaft Market Outlook, By Inline- 5 Cylinder Engine (2016-2026) ($MN)   
56 Europe Balance Shaft Market Outlook, By Inline- 4 Cylinder (L4) Engine (2016-2026) ($MN)   
57 Europe Balance Shaft Market Outlook, By Inline-3 Cylinder (L3) Engine (2016-2026) ($MN)   
58 Europe Balance Shaft Market Outlook, By End User (2016-2026) ($MN)     
59 Europe Balance Shaft Market Outlook, By Defense (2016-2026) ($MN)     
60 Europe Balance Shaft Market Outlook, By Commercial (2016-2026) ($MN)    
61 Europe Balance Shaft Market Outlook, By Industrial (2016-2026) ($MN)     
62 Europe Balance Shaft Market Outlook, By Other End Users (2016-2026) ($MN)    
63 Europe Balance Shaft Market Outlook, By Entertainment (2016-2026) ($MN)    
64 Europe Balance Shaft Market Outlook, By Transportation (2016-2026) ($MN)    
65 Europe Balance Shaft Market Outlook, By Retail (2016-2026) ($MN)     
66 Europe Balance Shaft Market Outlook, By Government (2016-2026) ($MN)    
67 Asia Pacific Balance Shaft Market Outlook, By Country (2016-2026) ($MN)    
68 Asia Pacific Balance Shaft Market Outlook, By Manufacturing Process Type (2016-2026) ($MN)   
69 Asia Pacific Balance Shaft Market Outlook, By Cast Balance Shaft (2016-2026) ($MN)   
70 Asia Pacific Balance Shaft Market Outlook, By Forged Balance Shaft (2016-2026) ($MN)   
71 Asia Pacific Balance Shaft Market Outlook, By Vehicle Type (2016-2026) ($MN)    
72 Asia Pacific Balance Shaft Market Outlook, By Heavy Commercial Vehicle (2016-2026) ($MN)   
73 Asia Pacific Balance Shaft Market Outlook, By Passenger Car (2016-2026) ($MN)    
74 Asia Pacific Balance Shaft Market Outlook, By Light Commercial Vehicle (2016-2026) ($MN)   
75 Asia Pacific Balance Shaft Market Outlook, By Engine Type (2016-2026) ($MN)    
76 Asia Pacific Balance Shaft Market Outlook, By V-6 Engine (2016-2026) ($MN)    
77 Asia Pacific Balance Shaft Market Outlook, By Inline- 5 Cylinder Engine (2016-2026) ($MN)   
78 Asia Pacific Balance Shaft Market Outlook, By Inline- 4 Cylinder (L4) Engine (2016-2026) ($MN)  
79 Asia Pacific Balance Shaft Market Outlook, By Inline-3 Cylinder (L3) Engine (2016-2026) ($MN)   
80 Asia Pacific Balance Shaft Market Outlook, By End User (2016-2026) ($MN)    
81 Asia Pacific Balance Shaft Market Outlook, By Defense (2016-2026) ($MN)    
82 Asia Pacific Balance Shaft Market Outlook, By Commercial (2016-2026) ($MN)    
83 Asia Pacific Balance Shaft Market Outlook, By Industrial (2016-2026) ($MN)    
84 Asia Pacific Balance Shaft Market Outlook, By Other End Users (2016-2026) ($MN)    
85 Asia Pacific Balance Shaft Market Outlook, By Entertainment (2016-2026) ($MN)    
86 Asia Pacific Balance Shaft Market Outlook, By Transportation (2016-2026) ($MN)    
87 Asia Pacific Balance Shaft Market Outlook, By Retail (2016-2026) ($MN)     
88 Asia Pacific Balance Shaft Market Outlook, By Government (2016-2026) ($MN)    
89 South America Balance Shaft Market Outlook, By Country (2016-2026) ($MN)    
90 South America Balance Shaft Market Outlook, By Manufacturing Process Type (2016-2026) ($MN)  
91 South America Balance Shaft Market Outlook, By Cast Balance Shaft (2016-2026) ($MN)   
92 South America Balance Shaft Market Outlook, By Forged Balance Shaft (2016-2026) ($MN)   
93 South America Balance Shaft Market Outlook, By Vehicle Type (2016-2026) ($MN)    
94 South America Balance Shaft Market Outlook, By Heavy Commercial Vehicle (2016-2026) ($MN)  
95 South America Balance Shaft Market Outlook, By Passenger Car (2016-2026) ($MN)    
96 South America Balance Shaft Market Outlook, By Light Commercial Vehicle (2016-2026) ($MN)  
97 South America Balance Shaft Market Outlook, By Engine Type (2016-2026) ($MN)    
98 South America Balance Shaft Market Outlook, By V-6 Engine (2016-2026) ($MN)    
99 South America Balance Shaft Market Outlook, By Inline- 5 Cylinder Engine (2016-2026) ($MN)   
100 South America Balance Shaft Market Outlook, By Inline- 4 Cylinder (L4) Engine (2016-2026) ($MN)  
101 South America Balance Shaft Market Outlook, By Inline-3 Cylinder (L3) Engine (2016-2026) ($MN)  
102 South America Balance Shaft Market Outlook, By End User (2016-2026) ($MN)    
103 South America Balance Shaft Market Outlook, By Defense (2016-2026) ($MN)    
104 South America Balance Shaft Market Outlook, By Commercial (2016-2026) ($MN)     
105 South America Balance Shaft Market Outlook, By Industrial (2016-2026) ($MN)    
106 South America Balance Shaft Market Outlook, By Other End Users (2016-2026) ($MN)   
107 South America Balance Shaft Market Outlook, By Entertainment (2016-2026) ($MN)    
108 South America Balance Shaft Market Outlook, By Transportation (2016-2026) ($MN)   
109 South America Balance Shaft Market Outlook, By Retail (2016-2026) ($MN)    
110 South America Balance Shaft Market Outlook, By Government (2016-2026) ($MN)    
111 Middle East & Africa Balance Shaft Market Outlook, By Country (2016-2026) ($MN)    
112 Middle East & Africa Balance Shaft Market Outlook, By Manufacturing Process Type (2016-2026) ($MN)  
113 Middle East & Africa Balance Shaft Market Outlook, By Cast Balance Shaft (2016-2026) ($MN)   
114 Middle East & Africa Balance Shaft Market Outlook, By Forged Balance Shaft (2016-2026) ($MN)  
115 Middle East & Africa Balance Shaft Market Outlook, By Vehicle Type (2016-2026) ($MN)   
116 Middle East & Africa Balance Shaft Market Outlook, By Heavy Commercial Vehicle (2016-2026) ($MN)  
117 Middle East & Africa Balance Shaft Market Outlook, By Passenger Car (2016-2026) ($MN)   
118 Middle East & Africa Balance Shaft Market Outlook, By Light Commercial Vehicle (2016-2026) ($MN)  
119 Middle East & Africa Balance Shaft Market Outlook, By Engine Type (2016-2026) ($MN)   
120 Middle East & Africa Balance Shaft Market Outlook, By V-6 Engine (2016-2026) ($MN)   
121 Middle East & Africa Balance Shaft Market Outlook, By Inline- 5 Cylinder Engine (2016-2026) ($MN)  
122 Middle East & Africa Balance Shaft Market Outlook, By Inline- 4 Cylinder (L4) Engine (2016-2026) ($MN)  
123 Middle East & Africa Balance Shaft Market Outlook, By Inline-3 Cylinder (L3) Engine (2016-2026) ($MN)  
124 Middle East & Africa Balance Shaft Market Outlook, By End User (2016-2026) ($MN)    
125 Middle East & Africa Balance Shaft Market Outlook, By Defense (2016-2026) ($MN)    
126 Middle East & Africa Balance Shaft Market Outlook, By Commercial (2016-2026) ($MN)   
127 Middle East & Africa Balance Shaft Market Outlook, By Industrial (2016-2026) ($MN)   
128 Middle East & Africa Balance Shaft Market Outlook, By Other End Users (2016-2026) ($MN)   
129 Middle East & Africa Balance Shaft Market Outlook, By Entertainment (2016-2026) ($MN)   
130 Middle East & Africa Balance Shaft Market Outlook, By Transportation (2016-2026) ($MN)   
131 Middle East & Africa Balance Shaft Market Outlook, By Retail (2016-2026) ($MN)    
132 Middle East & Africa Balance Shaft Market Outlook, By Government (2016-2026) ($MN)   

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