Market Research Report
Global Automotive Synchronizer Market, By Vehicle Type, By Demand Category, By Material, By Region, Competition Forecast and Opportunities, 2017-2027
|Global Automotive Synchronizer Market, By Vehicle Type, By Demand Category, By Material, By Region, Competition Forecast and Opportunities, 2017-2027|
Published: April 1, 2022
Content info: 110 Pages
Delivery time: 2-3 business days
The global automotive synchronizer market is expected to grow at a significant rate during the forecast period. The growth can be attributed to the strict government regulations for ensuring vehicle safety and the growing use of advanced technologies in the vehicle manufacturing process. An automotive synchronizer improves the vehicle performance by making the rides smoother, even on rough terrains and sharp cuts. Besides, it also enhances the vehicle's longevity, making them rigid and durable. Increased spending expenditure of consumers has led to an increased demand for automobiles with advanced features, which is expected to boost the growth of the automotive synchronizer market. Rapid urbanization and industrialization activities are contributing to the increasing vehicle sales in developing countries, which is supporting the rising adoption of automotive synchronizers. A shift in consumers' preferences to purchase automobiles for personal and commercial traveling purposes for enhanced comfort and convenience is anticipated to fuel the growth of the global automotive synchronizer market. Stringent measures by the government to cut down carbon emissions and improve the safety of the vehicle by integrating advanced features are expected to propel the demand for automotive synchronizers. Rising crude oil prices have led to an increased need for fuel optimization in cars, contributing to the growth of the global automotive synchronizer market. The emergence of e-commerce channels offering different kinds of automotive synchronizers for enhanced customization experience and the advances in digital payment platforms are adding to the growth of the global automotive synchronizer market. Moreover, the high demand for luxury vehicles is also expected to fuel the growth of the global automotive synchronizer market.
The global automotive synchronizer market is segmented based on vehicle type, demand category, material, regional distribution, and company. Based on the vehicle type, the global automotive synchronizer market is divided into passenger car, light commercial vehicle, medium & heavy commercial vehicles, and OTR. The passenger car segment is anticipated to hold the largest share in the global automotive synchronizer market due to the increasing need for private vehicle ownership and rising spending capacity.
Major players operating in the global automotive synchronizer market include Schaeffler Group, Anand CY Myutec Automotive Private Limited, Dana Graziano Srl, Oerlikon Friction Systems GmbH, Hoerbiger Holding AG, Owari Seiki Co. Ltd., Diehl Metall Stiftung & Co. Kg, etc.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2027
Objective of the Study:
In this report, global automotive synchronizer market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Light Commercial Vehicle
Medium & Heavy Commercial Vehicle
Europe & CIS
Middle East & Africa
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of the global automotive synchronizer market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, partners, end users, etc. besides allowing them in strategizing investments and capitalizing on market opportunities.
Company Profiles: Detailed analysis of the major companies present in global automotive synchronizer market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: