AUTOMOTIVE FLYWHEEL MARKET ANALYSIS

Regional Analysis

Automotive flywheel Market Outlook – Asia Pacific accounted for largest market share in global automotive flywheel market.

On the basis of geography, global automotive flywheel market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific held dominant position in the global automotive flywheel market in 2016 and is projected to retain its dominance throughout the forecast period. Increasing adoption of continuously variable transmission (CVTs) and Dual clutch transmission (DCTs) in various economies such as Japan and China and increasing adoption of automated manual transmission (AMTs) in India is expected to drive growth of automotive flywheel market in Asia Pacific region. According to ‘Organisation Internationale des Constructeurs d’Automobiles’ a France-based organization, an estimated 24.4 million units of personal cars were sold in 2016 in China from 21.2 million in 2015. Similarly, in India 3 million units of personal cars were sold in 2016 from 2.8 million in 2015.