About Harmonic Damper
A harmonic damper is also known as a crankshaft pulley, harmonic balancer, crankshaft damper, torsional damper or vibration damper. It plays a significant role to ensure the longevity of engines and crankshafts and it is the most important part of an external component of the engine. These dampers are exclusively designed for high rpm performance engine based on OEMs. The various types of harmonic dampers are fitted based on internal combustion load. The harmonic damper is manufactured with an outer mass vulcanized to an inner hub. The global harmonic dampers market is increasing owing to the rising sales of diesel vehicles.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States and Asia Pacific Vendors will contribute the maximum growth to Global Harmonic Damper market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Damper Dudes (United States), Ross Performance Parts (Australia), K1 Technologies (United States), Robert Bosch (Germany), Schaeffler Group (Germany), Dayco (United States), KLM Performance (United States), Honda (Japan), ATI Performance Products Inc. (United States), ZF Friedrichshafen (Germany), S C Parts Group Ltd (United Kingdom), Limora Oldtimer (Germany), Keco Auto Industries (India), Flocon Industries (India), Amtech Power Ltd. (India), Ningbo Maisheng Machinery Manufacturing Co., Ltd. (China) and CME Auto Co., Ltd. (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Harmonic Damper market by Type (Elastomer Damper, Viscous Damper and Friction-style Damper) and Region.
On the basis of geography, the market of Harmonic Damper has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Original Equipment Manufacturer (OEM) will boost the Harmonic Damper market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. Nodular Iron will boost the Harmonic Damper market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Passengers Vehicles will boost the Harmonic Damper market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Harmonic Damper is Trending Due to Growing Sales of Vehicles Globally
Market Growth Drivers:
Increasing Demand from Commercial Vehicle and High Performance Harmonic Dampers are Increases the Life of Diesel Engine
Challenges:
Failing of Harmonic Damper Can Cause Catastrophic Engine Damage and Harmonic Damper Can Fail Due to the Oil Leakage
Restraints:
Availability of Substitute Product Such as Harmonic Stabilizer and Fluid Damper
Opportunities:
Rising Production of Racing Cars in Forecast Period
Market Leaders and their expansionary development strategies
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On 27th Sep 2019, ATI Performance Products, the field of automatic transmissions has been making high performance super-dynamic harmonic dampers for a long time.
Key Target Audience
Supplier, Research Organization, End User Industry, Governent Regulatory and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.