North America Aftermarket Torsional Vibration Dampers Market

The North America aftermarket torsional vibration dampers market is expected to grow from US$ 259.30 million in 2022 to US$ 384.35 million by 2028; it is estimated to register a CAGR of 6.8% from 2021 to 2028.

Market Introduction

The use of advanced components and systems is essential for boosting the fuel economy of modern automobiles, especially commercial vehicles, while maintaining their safety and performance. Accelerating a lighter object requires less energy than the energy required for the acceleration of a heavier one; thus, lightweight materials hold great potential for increasing vehicle efficiency. Thus, the popularity of compact and lightweight components in the automotive industry is increasing notably. At the same time, more powerful modern engines are being introduced by automotive component manufacturers. More power creates more strain on lightweight components causing more vibrations. To mitigate these vibrations, ordinary crankshaft pulleys are replaced with torsional vibration dampers or harmonic balancers, which absorb vibrations from the crankshaft and extend the life of other components in the drive system. Geislinger Corporation provides a torsional vibration damper specifically designed for applications that require high performance with the most compact designs. Thus, the use of compactness and lightweight components in the automotive industry is a major trend considered by automakers, which is likely to contribute to the torsional vibration dampers North America aftermarket torsional vibration dampers market growth in North America in the coming years.

The North America aftermarket torsional vibration dampers market is expected to grow from US$ 259.30 million in 2022 to US$ 384.35 million by 2028; it is estimated to register a CAGR of 6.8% from 2021 to 2028.

The North America aftermarket torsional vibration dampers market size for the on-highway segment is further bifurcated into light commercial vehicles and heavy commercial vehicles. The light commercial vehicles include vans, pickup trucks, three-wheelers, and all commercially based goods or passenger carrier vehicles. A few examples of heavy commercial vehicles include tipper trucks, rigid trucks, cab trucks, and trailers trucks. Torsional vibration dampers are used in light commercial applications to absorb the rotational vibrations in internal combustion engines, which helps extend motor’s life, reduce unwanted noise, and enable lightweight crankshaft design. These factors leverage the demand for torsional vibration dampers in on-highway vehicles. The North America aftermarket torsional vibration dampers market size for the off-highway segment is further segmented into construction, agriculture, marine, and others. The growing need to protect the drivetrains of tractors and construction vehicles from overload and increase the service life of individual components fuels the demand for torsional vibration dampers. The rising demand for construction and agriculture vehicles powered by gasoline engines, along with the growing emphasis on enhancing the life of crankshafts and drivetrains, propels the need for North America aftermarket torsional vibration dampers market.

North America Aftermarket Torsional Vibration Dampers Strategic Insights

Strategic insights for the North America Aftermarket Torsional Vibration Dampers provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Aftermarket Torsional Vibration Dampers Report Scope

North America Aftermarket Torsional Vibration Dampers Regional Insights

The geographic scope of the North America Aftermarket Torsional Vibration Dampers refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Based on product design, the North America aftermarket torsional vibration dampers market share is segmented into viscous damper, elastomeric damper, and pendulum damper segment. The viscous damper segment accounted for the largest share of the market in 2021; the market growth of this segment is primarily attributed to the growing demand from the semiconductors and microelectronics industries, among others. The market for the elastomeric damper segment is estimated to grow at the highest CAGR during the forecast period. Viscous dampers enhance the durability and efficiency of a powertrain system by reducing torsional vibrations. The regular replacement of viscous dampers in heavy-duty vehicles is critical for achieving longer engine life. The recommended replacement intervals vary depending on engine manufacturers, averaging ~500,000 miles/15,000 hours, while some recommend the replacement at major overhauls and in-frame rebuilds. Viscous dampers are used by automotive OEMs in sports cars, light-duty diesel trucks, and professional racing vehicles. Excessive bearing wear, broken crankshaft, broken camshaft, accessory drive gear wear, broken accessory brackets, loosening or broken bolts, belts throwing or slapping, fuel economy loss, and damper housing damage are a few signs of viscous damper wear. Thus, such situations propel the need for the replacement of viscous dampers. Moreover, leakage around the housing weld, bulging of the housing cover, and any vibrations in the engine also highlight the replacement needs.

Based on application, the North America aftermarket torsional vibration dampers market is segmented into on-highway and off-highway segment. The on-highway segment accounted for a larger market share in 2021. In terms of engine type, the North America aftermarket torsional vibration dampers market is segmented into gasoline engine and diesel engine. The gasoline engine segment accounted for a larger market share in 2021. However, the diesel engine segment is projected to register a higher CAGR during the forecast period. The North America aftermarket torsional vibration dampers market, by sales channel, is bifurcated into original equipment supplier (OES) and independent aftermarket (IAM). The OES segment accounted for a larger market share in 2021. On the other hand, the IAM segment is expected to register a higher CAGR in the North America aftermarket torsional vibration dampers market during the forecast period.

The increasing number of initiatives by companies in the North America aftermarket torsional vibration dampers market for catering to larger customer bases and rising demand for these dampers in off-highway vehicles are anticipated to propel North America aftermarket torsional vibration dampers market growth in the coming years. In January 2020, Bendix Commercial Vehicle Systems LLC planned to transfer its North American engine vibration damper manufacturing operations from the company’s North Aurora (Illinois, US) based facility to the Bendix manufacturing campus in Huntington (Indiana, US). In August 2022, Dayco, a major supplier of engine parts and drive systems to the automotive and aftermarket industries, and Hidden Harbour Capital Partners, a private equity company that helps build teams focused on execution and helps businesses succeed, announced a binding contract under which Hidden Harbor will buy Dayco.

Major Sources and Companies Listed

Company websites, annual reports, financial reports, national government documents, and statistical databases are among the major primary and secondary sources considered for preparing this report on the North America aftermarket torsional vibration dampers market. Major companies listed in the market report are Dayco IP Holdings, LLC; GEISLINGER GMBH; BorgWarner Inc.; Continental AG; VIBRACOUSTIC SE; Schaeffler Technologies AG & Co. KG; ZF Friedrichshafen AG; Knorr-Bremse AG; VIBRATECH TVD; and Voith Group.

Reasons to Buy Report

• Understand the North America Aftermarket Torsional Vibration Dampers market landscape and identify market segments that are most likely to guarantee a strong return
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• Obtain the North America Aftermarket Torsional Vibration Dampers market revenue forecast on the basis of various segments for the period 2021–2028

The report segments the North America Aftermarket Torsional Vibration Dampers market as follows:

The North America aftermarket torsional vibration dampers market is segmented on the basis of product design, application, engine type, and sale channel. Based on product design, the market is categorized into viscous damper, elastomeric damper, and pendulum damper. The North America aftermarket torsional vibration dampers market, by application, is segmented into on-highway and off-highway. In terms of engine type, the market is categorized into gasoline engine and diesel engine. Based on sale channel, the North America aftermarket torsional vibration dampers market is categorized into original equipment supplier (OES) and independent aftermarket (IAM).

North America Aftermarket Torsional Vibration Dampers Market – Company Profiles

• Dayco IP Holdings, LLC
• GEISLINGER GMBH
• BorgWarner Inc.
• Continental AG
• VIBRACOUSTIC SE
• Schaeffler Technologies AG & Co. KG
• ZF Friedrichshafen AG
• Knorr-Bremse AG
• VIBRATECH TVD
• Voith Group